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17 Mar 2023 17:45

🇪🇺 EU Parliament member says "if a government bans drugs, it should also ban crypto."

"Enforce a strict ban" on Bitcoin and crypto. It's "speculative poison."

👉🏻 The suits are scared! 🤡

🤝 @Cryptocurrency_Inside ✅

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17 Mar 2023 13:05

BREAKING: Bitcoin surpasses $27,000 for the first time since June, 2022.

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17 Mar 2023 08:25

How to store your crypto assets properly? 🔐
ㅤ
Many of our subscribers are still "new to cryptocurrencies". And especially for you we prepared a post with basic rules of handling and storing your crypto.

1️⃣ Seed-phrase
We all know that when we create a wallet, we get a Seed-phrase that gives us access to the wallet on any device. But are we handling it correctly?

We can assume that most of you have the seed-phrase stored in your notes on your phone or computer. You should not do so, because your phones can also be attacked. And we're not just talking about hacking.

Your phone or laptop can be stolen, and if there is information about your crypto-purse inside, the loss can greatly exceed the value of the device itself.

In our opinion, the most correct way to keep a seed-phrase, even in spite of the digital age, is a piece of paper, which you leave in a safe or other secluded place. You can learn it, of course, but we wouldn't recommend being so sure of your memory.

2️⃣ Hardware wallets
An additional safeguard against hacking and stealing funds from your wallet can be the use of so-called "cold" wallets, which are not online and are offline until you need them. They are ideal for storing your tokens. You can always plug in the wallet and make the transactions you need, and the rest of the time your tokens will be safe.

We would recommend choosing between Ledger and Trezor.

Buy cold wallets only from official manufacturer sites. Marketplaces, online stores (even large ones), classifieds sites, and even more so used devices can pose a risk to your funds.

3️⃣ Exchanges
Let us mention that you should not keep large amounts of their funds in the centralized exchanges. At any time the exchange can be subject to hacking, or any failure, or the exchange can impose restrictions on your account, thereby blocking your funds.

Keep on exchanges only necessary minimum for trade/exchange, and use only trustworthy and large exchanges.

The major exchanges are Binance, Huobi, ByBit, Gate.

4️⃣ Stablecoins
We all use stabelcoins until we decide to invest somewhere else. Our main advice is don't keep all your money in one type of stabelcoin.

Split the amount among several stabbles, thus diversifying the risks (even though the risks are minimal, but we all remember the UST case.).

❔ In the first part of this post, we only covered the basics. We can prepare the second part, in which we will tell about spam from projects to personal messages and Email, fake sites of projects, deception on OTC-platforms and etc. Would you be interested in such content?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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16 Mar 2023 20:37

📆 Global crypto headlines of the day:

🛑The social media and influential YouTube bloggers are accused of advertising FTX without proper disclosure.

🛑NFT platform Formfunction announced its closure.

🛑JPMorgan: The Federal Reserve plans to inject around $2 trillion into the banking sector to reduce the liquidity crisis.

🛑A court rejected the US Department of Justice and the Securities and Exchange Commission's appeal and allowed Binance US and Voyager to proceed with their agreement.

🛑Larry Fink, CEO of BlackRock, believes that tokenization will be the next stage in the development of markets and securities.

🤝 @Cryptocurrency_Inside ✅

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16 Mar 2023 12:41

NFT in the Bitcoin network - a new hype 🙅‍♂
⠀
You put a lot of reactions to the post about "Bitcoin ecosystem". Which means it's time to dive a little deeper and explore the Ordinals protocol. Some of the words in the post may not be clear to you. But remember, you can always ask a question in the comments and we will try to answer it as extensively as possible!

➡️ A new Bitcoin Ordinals protocol has made it possible to add pictures to the bitcoin blockchain. The creator of the protocol, Casey Rodarmore, calls them "digital artifacts.

Many analysts criticize this "update" because the pictures increase the load on the network and increase the cost of transactions. The hype around this story is growing because many people want to get NFT on BTC network without thinking too much.

➡️ Speculators are already launching their collections. The number of picture mines is growing rapidly. First of all, high-profile collections are launched, for example with bitcoin punks or domain names.

Here are a few already existing projects:

⚫️BitcoinShrooms - first 100 entries created, could potentially be a top story.
⚫️InscribedPepes - collection of 69 pictures of Pepe the Frog, traded above 1 BTC, you may encounter fake sales.
⚫️BTCToadz - created up to 5,000 entries, includes 111 frog pictures.
⚫️Punks On Bitcoin - collection with a saple of 10K.

↪️ In a wave of hype, the number of collections is likely to grow in the near future, and the crypto media will fuel interest. But this story could end quickly, as the mint process here is very complicated and the number of buyers is limited. Be sure to do your analysis before you buy something, there is enough scam here as well.

❔ By the way, since we mentioned analysis. Would it be useful for you to study the methods of project analysis? (in other words - how to do your own analysis?!)

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅| Telegram | Chat | Partner

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16 Mar 2023 09:50

📣 BREAKING: Credit Suisse share price surges by 40%

🤝 @Cryptocurrency_Inside ✅

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15 Mar 2023 21:05

📆 Global crypto headlines of the day:

🛑Law enforcement officers shut down the ChipMixer. The company reportedly laundered money for clients from russia and North Korea.

🛑$46 million worth of cryptocurrencies got impounded as part of the investigation into the ChipMixer bitcoin mixer, carried by Germany and the United States.

🛑Bitcoin dominance (46.19%) hit its 9 months peak.

🛑Coinbase has announced that it will begin processing requests for ETH unstaking, just one day after the Shanghai-Capella update.

🛑Singaporean blockchain company RockX launches Bedrock service to provide liquid staking facilities for institutions.

🤝 @Cryptocurrency_Inside ✅

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15 Mar 2023 16:29

🏦 The European banking crisis! (Credit Suisse)

➖ Credit Suisse shares fell 21% at the premarket, the biggest one-day sell-off in history.

➖ The main shareholder ruled out any support for the bank.

➖ Credit Suisse management thinks all is not lost and rules out government support. (Or pretends to be OK)

➖ European government bonds are rising in value. Investors are banking on stopping a tightening of the ECB's monetary policy. (As in the U.S.)

➖ The ECB rate will be released on March 16 at 16:15 Moscow time. The press conference is at 4:45 PM MSK.

➖ Big names in the industry, almost all of them: "ECB MUST STOP HIS BETTER!"

➖ Chances of bank default increased 38% (550+ p. in CDS)

🤝 @Cryptocurrency_Inside

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15 Mar 2023 08:27

🔹 Ethereum upgrade: good and bad news in one

Yesterday, the Shapella upgrade was implemented into the Goerli testnet. The developers wanted to ensure that everything was running smoothly and that Ethereum users could withdraw their staked ETH without any issues.

🛑This was the last Ethereum testnet where such a hard fork was going to be carried out. Unfortunately, it wasn’t executed without issues, since a few validators simply forgot to update their client software.

💭 It's like you're working hard, and then a simple human error comes up and says, "Oops, it's all messed up, let's start again, guys."

🤝 @Cryptocurrency_Inside

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14 Mar 2023 21:09

📆 Global crypto headlines of the day:

🛑Three wallets linked to FTX and Alameda Research moved $145 million in stablecoins on a crypto exchange.

🛑Filecoin's decentralized data storage platform launched its own virtual machine FVM.

🛑Tether printed 2 billion USDT today.

🛑CZ denied rumors that CoinMarketCap planned to buy CoinDesk.

🛑The newly appointed CEO of SVB urges customers to deposit money, stating that his bank is one of the most reliable banks in the country.

🛑Meta will cut 10,000 more employees and close 5,000 positions.

🤝 @Cryptocurrency_Inside

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14 Mar 2023 13:53

⚡️ Bitcoin just hit the highest price in 275 days!

🤝 @Cryptocurrency_Inside

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14 Mar 2023 12:14

🔥 CPI data revealed - today's turning point

Today at 08:30 EST, the US Consumer Price Index (a significant indicator of the current inflation rate) comes to light. The expected index is 6.0% (a 0.4% decrease in CPI).

Possible scenarios are:

🛑 Positive: CPI below 6.0
Indicates rapid decrease in inflation;

🛑 Neutral: CPI in the range of 6.0-6.3
Would signal a moderate decrease in inflation;

🛑Negative: CPI 6.4 and above
A sign of the US monetary policy's ineffectiveness.

💭 Anyway, a volatile day is ahead, so buckle up and exercise caution in your traiding decisions!

🤝 @Cryptocurrency_Inside

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13 Mar 2023 20:03

📆 Global crypto headlines of the day:

🛑DeFi protocol Euler Finance suffered an $8.87 million exploit

🛑Vitalik Buterin appears to be selling ETH at current prices. He transferred 200 ETH to the Kraken exchange today.

🛑Incubator project PeopleDAO was hacked via Google Sheets. $120,000 worth of ETH was stolen.

🛑CME Group launched event contracts on Bitcoin Futures.

🛑Circle is urging the US Congress to urgently pass legislation regulating stablecoins.

🛑HSBC Holdings, the new owner of UK Unit of SVB, plans to invest $2.4 billion of liquidity in it.

🤝 @Cryptocurrency_Inside

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13 Mar 2023 18:33

🔥 Circle burns tokens

Over the past few hours, Circle has burned more than 534 million USDC.

🛑Most likely, the company has begun the process of redeeming the stablecoins it has issued.

Good news for many investors who were worried about the stability of USDC after the SVB collapse.

🤝 @Cryptocurrency_Inside

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13 Mar 2023 12:18

✍️ Banking crisis impacts Federal Reserve decisions!

Due to the situation with banks in the US, as well as the assessment of the state of the 30-day futures on the Fed's bonds, the reputable CME exchange had changed its own estimate of the likelihood of the next interest rate hike.

🗣Now, the probability that the Fed will halt rate hikes on March 22 is 60%.

Previously, an increase of 25-50 basis points was expected. Yet the "Doctor Fed" may realise that his treatment is burying the patient (the market).

🤝 @Cryptocurrency_Inside

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17 Mar 2023 13:54

JUST IN - SVB Financial Group, parent of Silicon Valley Bank seized by US regulators, files for Chapter 11 bankruptcy with about $2.2 billion of liquidity.

🤝 @Cryptocurrency_Inside ✅

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17 Mar 2023 11:26

🔹⚫️ The TrustWallet Extension now supports Solana dApps!

«Use the Trust Wallet Extension to buy unique Solana NFTs, stake your Solana tokens for rewards, and swap tokens seamlessly on the Solana network. This fantastic addition complements our mobile app, which has already been supporting Solana dApps, providing you with a more complete and versatile Trust Wallet Wallet experience across both mobile and browser platforms.»

🤝 @Cryptocurrency_Inside ✅

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17 Mar 2023 07:56

🥇 BTC - 26,000

👉🏻 Bitcoin is at $26k again and bears are in disbelief.

People who short Bitcoin in this banking collapse era are truly brave.

Holding Bitcoin remains the best strategy.

🤝 @Cryptocurrency_Inside ✅

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16 Mar 2023 18:02

⚡️Ethereum core developers are targeting April 12 to release the highly-anticipated Shanghai-Capella upgrade, or Shapella, on the mainnet.

The main feature of the upgrade is Ethereum Improvement Proposal (EIP) 4895, which aims to enable validator staking withdrawals on the main network. This critical function was not introduced during Ethereum's switch to a proof-of-stake consensus in September to ensure a safe transition.

Besides the withdrawals, developers have also planned three additional improvements aimed at optimizing gas costs for certain activities with the Shapella upgrade.

The upgrade is due to take place on April 12 at 10:27 a.m. UTC, with epoch number 620,9536, core developers said at a meeting on Thursday.

🤝 @Cryptocurrency_Inside ✅

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16 Mar 2023 11:19

⚡ Arthur Hayes founder of bitmex predicts #Crypto Bullrun.

Do you agree with him ? 💭

Yes - 👍
No - 👎

🤝 @Cryptocurrency_Inside ✅

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16 Mar 2023 07:56

JUST IN:
🇺🇸 $2 trillion could be injected into the US banking system by the Federal Reserve's emergency loan program, JPMorgan says.

Crypto🚀

🤝 @Cryptocurrency_Inside ✅

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15 Mar 2023 19:50

🇨🇭 Switzerland holds discussions on options to stabilize Credit Suisse $CS.

👉🏻 Too late? 🤔

Yes - 👍
No - 👎

🤝 @Cryptocurrency_Inside

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15 Mar 2023 13:32

This isn't a shitcoin.

It's the second largest bank in Europe, $2.7 trillion BNP Paribas.

🤝 @Cryptocurrency_Inside

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14 Mar 2023 22:31

💰 Bitcoin worked this weekend when banks didn’t.

🤝 @Cryptocurrency_Inside ✅

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14 Mar 2023 19:30

Useful services in crypto | Part 1 🔤
⠀
We prepared a list with different sites for real crypto! We tried to make this list as diverse as possible, so absolutely everyone will find something useful here, so feel free to share it with your friends!

(Be sure to keep it in your notes)

Here are services every self-respecting cryptan should have in his arsenal 🧠

◾️CoinmarketCap
The site provides information about all tokens, gives smart contract numbers, brief information about projects and a general summary of the capitalization of the whole market.

◾️Crunchbase
A mega-cool service that provides information on investments, funding, founders and CEOs, mergers and acquisitions, news and industry trends. A tip: find a fund we are interested in, look at its recent investments and based on them select projects for early activity.

◾️Coinmarketcal
A calendar of current crypto events. Users and can vote for the validity of the information, and officials confirm / deny it.

◾️Poocoin / Dextools
These aggregators will help in bep20 and erc20 networks to search and trade tokens which are not traded on exchanges. Extremely useful if you're trading shieldcoins that just came out.

◾️TradingView
Considering that many exchanges can block access to them, thanks to tradingview you can follow the rate of absolutely any coin, and look at the history of token since the start of listing on any of the exchanges. Also, it is a very handy service if you are a novice trader/investor.

◾️Defillama
Decentralized aggregator with general information about TVL in different networks and general information about projects providing farming/stacking opportunities. You can choose projects which already have a lot of liquidity + passed the audits. What will increase the safety of your funds.

Write 🔥 if the post was helpful to you!

🤝 Cryptocurrency Inside | Telegram | Chat | Partner

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14 Mar 2023 13:37

BREAKING: The Consumer Price Index (CPI) was reported as 6.0%.

CPI:
6% YoY, 0.4% MoM
Forecasted: 6% YoY, 0.4% MoM

Core:
5.5% YoY, 0.5% MoM
Forecasted: 5.5% YoY, 0.4% MoM |

🤝 @Cryptocurrency_Inside

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14 Mar 2023 07:56

❗️ The Justice Department has revealed they are probing the collapse of Do Kwon's TerraUSD stablecoin $UST.

👉🏻 That was almost an year ago, what the hell they have been doing this entire time? 🧐

🤝 @Cryptocurrency_Inside

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13 Mar 2023 19:56

🇺🇸 Signature Bank board member and former congressman Barney Frank says “regulators wanted to send a very strong anti-crypto message” in shutting down the bank.

👉🏻 The more they try to hurt Crypto, the stronger it gets! 💪🏻

🤝 @Cryptocurrency_Inside

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13 Mar 2023 18:04

⚡️ Circle's $USDC stablecoin now back to trading at $1.

🤝 @Cryptocurrency_Inside

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13 Mar 2023 11:02

⚡️Binance converts $1B from its Industry Recovery Initiative funds from BUSD to native crypto assets.

CZ has announced that Binance would convert the remaining $1B of its Industry Recovery Initiative funds from $BUSD stablecoin to native crypto assets, including $BTC, $ETH and $BNB. For transparency, some of the transactions will occur on-chain. The $1B $BUSD conversion come amid a banking crisis – Silicon Valley Bank, a major financial lender servicing VC firms and tech companies like Circle $USDC, was shut down by California regulators on March 10th.

🤝 @Cryptocurrency_Inside