14113
Welcome to AMA trading inc. Here we discuss projects that can give a big profit @AMA_TradingIDO_chat Admin: @planetarry CEO: @OxyBcm
📉Yesterday, the Bitcoin price went down but a whopping 33,091.2 BTC were withdrawn from exchanges (Blue) & 31,930.5 BTC went from the (highly) liquid supply into the illiquid supply (Green).
Supply shock thesis intact ☑️
Dips here are BTFD opportunities.
IOTA (MIOTA) is a cryptocurrency that operates outside the blockchain, unlike Bitcoin or Ethereum. It differs from blockchain in the structure of records. It has no blocks, chains or miners. Roughly speaking, it is a coin that is designed for the Internet of Things. The developers wanted to make it a unifying link between the elements of the IoT. The other task it is charged with is fast transactions. This was the impetus for the creation of the altcoin.
Even before the developers started working on the project, they decided that the cryptocurrency would provide such indicators:
- High transaction speed;
- Security;
- No transaction fees.
That is, the coin should have all the problems typical of Bitcoin eliminated. But the system cannot be called fully decentralized, because it has a built-in "coordinator node". This is a software component that the developers implemented to counter cyberattacks. It also controls the consensus of transactions, and helps keep the network running.
Its presence confuses many people, plus the "coordinator" has closed code. That is why the developers say that it will be removed in the future, but they don't give a timeline.
My conclusion.
Buy $IOTA
Current value $1.32
Sell targets:
1.452 (+10% profit)
1.584 (+15% profit)
1.716 (+20% profit)
💰 Decentralized crosschain exchange zkLink raised $8.5 million
The investment round was led by Republic Crypto. Arrington Capital, DeFi Alliance, Huobi Ventures, Ascensive Assets, Morningstar Ventures, GSR and Marshland Capital participated.
⛓ zkLink offers crosschain token swaps from Ethereum, Binance Smart Chain, Polygon and Huobi Eco Chain networks. For now, it is operating in test mode.
The money will go toward expanding the team, launching the core network, and adding new features such as stacking and cross-network farming.
🔥 600,000 ETH were burned on the Ethereum network
After the London update on August 5, 600,000 ETH worth $2.4 billion were burned. NFT marketplace OpenSea destroyed the most (85,700 ETH), transfers on the Ethereum network burned 53,800 ETH, and the Uniswap V2 exchange burned over 35,600 ETH.
Don't forget that there will be an Altair update on the Ethereum 2.0 network on October 27, which will allow developers to test the update mechanism in the core network before merging Ethereum 2.0 with the existing network on Proof-of-Work.
Perhaps after that we will know a more precise timeline for the Ethereum and Ethereum 2.0 merger.
#News
✨ More than 1 million people have already been added to Robinhood's cryptocurrency wallet waiting list.
✅ The second Valkyrie bitcoin ETF started trading on the CME.
💥 Walmart installed bitcoin ATMs in several dozen U.S. outlets.
🏦 A Houston-based pension fund bought $25 million worth of BTC and ETH.
⚡️ WWF will sell NFT to protect endangered species.
🔥 Binance Smart Chain developers have proposed integrating a mechanism to burn a portion of commissions.
⚠️ One of the lead developers of Bitcoin Core, Jonas Schnelly, left "due to a shift in priorities and increased legal risks."
Galaxy Digital Research estimates that NFT token sales have already surpassed $3 billion in October.
Читать полностью…
#News
🔥 The UMI team has proposed stopping steaming and launching a new DeFi-ecosystem.
📉 Bitcoin fell to $8,200 on Binance. US yesterday. The reasons are unknown.
⚡️ Investment giant Pimco announced plans to start trading cryptocurrencies.
👀 Playboy released a new NFT collection of 11,953 rabbit avatars.
💥The Economist will sell a dedicated DeFi cover in the form of NFT on October 25.
🚘 Tesla reported that it continues to hold its BTC.
✅ Mt․Gox creditors have approved a civil rehabilitation plan.
🚧 Russian billionaire Oleg Deripaska urged the Central Bank to pay attention to the crypto market.
💰 FTX raised $420 million at a valuation of $25 billion.
💪 A hacker prevented an $850 million hack of Polygon and received the largest ever award of $2 million.
#News
🚀 Bitcoin hit an all-time high today, climbing to $67,000. So far, everything is going according to PlanB's plan.
✈️ El Salvador's Volaris airline will accept bitcoin.
💰 Bitcoin ETF trading volume from ProShares was about $1 billion on the first day, the second highest ever after BlackRock.
💥 Today, the trading volume of bitcoin ETFs has already exceeded $1 billion, although the trading session on the NYSE has not yet ended.
✅ The SEC cleared VanEck to launch a bitcoin futures ETF.
❌ U.S. authorities demanded that Zuckerberg stop launching cryptocurrency wallet Novi.
🏀 Coinbase partnered with the NBA.
👀 USDT capitalization reached $70 billion.
⛏ Russian oil companies announced their intentions to make money from mining, using associated petroleum gas (APG) to generate electricity.
🇦🇺 Australian authorities announced their intentions to make the country a center of cryptoindustry.
💡 Digital Currency Group bought $388 million worth of GBTC stock and raised its threshold from $750 million to $1 billion.
💥Last night bitcoin quotes came close to the historical maximum (ATH), with the capitalization of the first cryptocurrency updated to a record mark due to the increased supply of coins since the last ATH.
Читать полностью…
🐋 The third-largest Bitcoin whale can bring down the BTC exchange rate by 80% by selling 10% of his portfolio if he wants to - opinion
One of the largest holders of the first cryptocurrency, owning 105,758 BTC at the moment, can significantly influence the BTC rate by selling a small part of his portfolio and buying on drawdowns. Typically, Whale sells on every upside and buys back where the TA advises against it.
Altogether in October the whale sold 7000 BTC (sales minus buys), and in September bought about 2800 BTC.
There is an opinion that by selling just 10% of his portfolio he can bring down the BTC rate by 80%. But as we understand, this is not the only large holder who manipulates the market.
📊 Cryptocurrency Rate Dynamics, 1️⃣8️⃣ 1️⃣0️⃣
Bitcoin did not show unidirectional movement this weekend. After reaching a local high of $62,800 on Friday night, BTC began to show a correction, which brought the quotations just below $59,000. From there, a rebound above $62,000 followed by another correction.
The dominance of the first cryptocurrency is gradually strengthening and is now 46.8%, which indicates the weakness of the altcoin market.
Alternative cryptocurrencies from the top 100 were not notable for their strength in the last 24 hours. However, there are some nice exceptions. STX is up 17% and DOGE is up 14%. Otherwise, there is no one to stand out, all assets are showing a slight decline in the range of 5-10%.
UMI has been trading in a narrow price range against both bitcoin and the dollar for quite some time. Noticeable price changes have not been seen for about a week.
📍BTC $61,091 (-0.51%)
📍ETH $3,779 (-2.9%)
📍BNB $469 (-0.22%)
📍ADA $2.13 (-2.45%)
📍USDT $0.9998 (-0.02%)
📍XRP $1.08 (-4.69%)
📍SOL $156 (-5.2%)
📍DOT $41.69 (-1.05%)
📍DOGE $0.2721 (+14.88%)
📍USDC $1 (0%)
📍XLM $0.3828 (-0.86%)
📍TRX $0.09719 (-2.64%)
📍UMI $0.04 (0%)
Guys, today is the day off.
The correct signal will be tomorrow.
In the meantime, you have chance to enter the coins that haven't yet managed to bring us profits.
💣 News about Bitcoin ETF has locked BTC above $60,000
The SEC approved the ProShares Bitcoin Strategy ETF yesterday, with trading scheduled to begin on October 18.
Valkyrie Bitcoin Strategy ETF awaits approval soon, Nasdaq has already added the ticker to the exchange. The media is also talking about several other Bitcoin ETFs.
💡 A Bitcoin ETF is an exchange-traded fund that buys BTC (or CME futures) and then sells investors a stake in it, the underlying asset lies in the fund's wallets.
Everyone is happy: the fund owns the asset, and institutions don't have to worry about creating a wallet, registering on the exchange, and worrying about hacks, scams, and losing the key.
💡 95.2% of BTC holders are now on the upside
Only 4.8% of investors bought the cryptocurrency above the current marks.
🚘 Tesla made $1 billion on bitcoin investments
Ilon Musk's company now owns 43,200 BTC worth about $2.5 billion, which is $1 billion (65%) more than Tesla paid in February when it bought $1.5 billion worth of BTC.
Interestingly, Tesla sold 10% of its digital assets in the second quarter at ~$50,000 per coin, earning $128 million. According to Musk, the company sold cryptocurrency "to test market liquidity."
👀 Nayib Bukele posted his own tweet as NFT
This is a June 9 post where he talks about El Salvador's Congress passing bitcoin.
💵 The current bid is 0.4794 ETH ($2,000).
A database with e-mail addresses of 3.1 million users of CoinMarketCap analytical service was put up for sale online. The records do not contain passwords.
The company confirmed that the leaked addresses "correlate with the subscriber base" of the service. Experts conducted a "comprehensive check of the servers," but "found no trace of a security breach." They believe the data came from third-party platforms.
💥 Reddit is preparing to release its own NFT platform
Reddit is looking for "strong engineers and leaders to help build a team and define a development strategy for NFT."
💡 Some candidate responsibilities include developing solutions for buying, selling, and using NFT, as well as participating in shaping the development strategy for the NFT platform.
📈 The number of addresses in the Binance Smart Chain network exceeded 100 million.
For comparison, the Ethereum network has 173 million, the Bitcoin network - more than 800 million.
📈 CME surpasses Binance to become the largest exchange in the futures market thanks to ETFs
Open interest in bitcoin futures on the CME grew by $1.5 billion after the launch of an ETF from ProShares.
⚠️ But ProShares itself ran into a problem because of its own success - the contract limit. The fund bought 1,900 October contracts, and CME rules allow one person to own a maximum of 2,000 contracts with a near expiration date.
ProShares went further and bought 1,400 contracts expiring in November. But it is already getting close to the new limit of 5,000 contracts. At this rate, it will be reached very quickly.
☝️ Then ProShares will have to buy futures with a later delivery date, but such contracts are trading well above the BTC rate.
Eh, if only ProShares would buy bitcoin itself instead of futures. The demand is huge.🔥
⚠️ One of the leading developers of Bitcoin Core has left
Jonas Schnelly left the project due to a shift in priorities and increased legal risks associated with writing code for Bitcoin.
👀 He encouraged the new members to act anonymously.
Left to return anonymously...😜
🚀Tesla continues to hold BTC
The company published a report for the third quarter. It recorded a loss from the depreciation of the first cryptocurrency in the amount of $51 million. However, bitcoin itself grew by 30% in the third quarter, and the loss is due to the peculiarity of reporting standards.
📈 In reality, given the rise in the value of BTC to $67,000, Tesla doubled its capital invested in BTC. Recall, it invested $1.5 billion, but soon sold 10% of the position.
☝️ And in the picture above you can see a post that Elon Musk published on Twitter. He is following BTC and ETH. 👀
🇺🇸The Senate demanded that Mark Zuckerberg stop Facebook's cryptocurrency wallet launch
Facebook partnered with Coinbase yesterday to announce the launch of cryptocurrency wallet Novi, and immediately received a letter from the U.S. Senate demanding a halt to work on the project:
"We urge you to immediately stop pilot testing Novi and promise that you will not bring Diem to market."
#News
🔥 The first ever U.S. bitcoin ETF began trading on the NYSE.
💥 Grayscale has applied to convert its bitcoin trust into an ETF.
⚠️ Chivo wallet removed BTC price display to fight scalpers.
⛔️ South Korea will levy a 25% income tax on DeFi profits, and even more for making impressive profits.
🚧 U.S. authorities want to use the crypto industry to increase the effectiveness of sanctions.
⚡️ Facebook's Novi Wallet was launched in partnership with Coinbase, with the exchange acting as custodian.
✨ NFT marketplace Rarible offered the ability to issue NFTs without a transaction fee.
#News
🔥 Binance held a quarterly BNB burn, destroying 1,335,888 coins worth $640 million.
✨ ProShares will launch its bitcoin futures ETF tomorrow on the NYSE.
✅ USDC has been added to the Hedera Hashgraph.
💥 The weekly BTC candlestick closed at its highest ever level of $61,532.
⚠️ The Fear and Greed Index reached 78, a zone of extreme greed.
🔖 Ukraine, Russia and the U.S. ranked in the top three places in BrokerChooser's cryptocurrency awareness ranking.
🏦 Interactive Brokers opened access to cryptocurrencies to accredited investment advisors from the US.
📉 Inflows to crypto funds last week totaled $80 million.
💰Four-year-old child made over 6,500% on bitcoin
Cointelegraph told the story of a Brazilian girl who was given 1 bitcoin by her father in 2017 to celebrate her birth. The asset was worth $915.8 then and is now worth $62,000.
💬 "I bought bitcoin for her not only as a gift, but also as a way to invest in the new economy," said Joao Canada, founder of Brazilian cryptocurrency exchange Foxbit.
Bitcoin is the best gift 🎁
Curve DAO Token(CRV) - is a token launched in August 2020 by DeFi project Curve. It resembles a decentralized crypto exchange where users and protocols can exchange steblecoins with low fees and risks.
It was unintentionally released on August 14 and soon added to a number of crypto exchanges, including Binance and Poloniex. In just a few minutes, the rate soared by thousands of percent to over $50. True, it almost immediately began to fall.
CRV is a management token with the following features
- Time-weighted voting
- Value capture to promote certain pools
- Blockchain mechanism for charging rewards to long-term liquidity providers
- Burning commissions.
Of the advantages I see is the choice of multiple pools and protocols to determine the most profitable at each point in time. Not unimportant, elevated APR compared to the market. Everything leads to the pump.
And finally, a promising direction, which is now actively developing. Rocket is loaded, growth is expected!
My conclusion.
Buy $CRV
Current value $2.91
Sell targets:
3.201 (+10% profit)
3.346 (+15% profit)
3.492 (+20% profit)
📈 Bloomberg reported on the imminent approval of a bitcoin futures ETF. The price of the asset has reached $60,000
⚖️ CFTC ordered Bitfinex and Tether to pay $42.5 million in fines
⛔️ BTC com mining pool refuses to serve Chinese users
💸 DeFi-project Indexed Finance lost $16 million due to hacker attack
🇨 Opinion: the popularity of P2P exchanges in China has grown after tighter regulation
⚙️ Coinbase proposed a new cryptocurrency oversight body
💬 Vatican criticized role of cryptocurrencies in illegal migration
📉 Head of Morgan Stanley says customers have little interest in bitcoin
💰 Strike added bitcoin payroll conversion feature for US users
👀 Major U.S. mortgage lender has abandoned bitcoin payments
🤔 Australia's fifth-largest pension fund is thinking about investing in bitcoin
🔥 Bitcoin surged to $59,995 amid news that ETF approval is imminent
According to Bloomberg sources, the SEC will approve a bitcoin futures ETF as early as next week.
Plus, the SEC wrote on its educational Twitter account:
💬 "Before investing in a fund that holds bitcoin futures contracts, make sure you carefully weigh the potential risks and rewards."
With that, too, she hinted that the instrument is coming soon.
Looks like the market will be hot next week.🔥
📈 Open interest in bitcoin futures on CME has reached an all-time high
The CME is a regulated marketplace for institutional investors. The increase in the index indicates an increased interest in BTC futures among large investors.
