Must be unravelling now because more and more information is coming to light every week, as evidenced by my growing backlog of Safemoon posts. Ben Phillips is a UK-based influencer who was intimately involved with the Safemoon team – he is dating Jack Haines sister, yes, this Jack Haines who is romping around London…
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I’d like to wager that most of us here would. In a sea of people that claim to be “degenerates,” I can’t imagine us all growing a moral compass out of thin air, when it comes to crypto. Let’s take a look at what the true definition of insider trading is: “Insider trading is the…
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On Wednesday, the firm Blockchain.com announced it inked a deal with the NFL’s Dallas Cowboys as the team’s “exclusive digital asset partner.” The deal will bring Blockchain.com a great deal of exposure in terms of television, signage, and radio and the digital currency company will also have its own club space inside AT&T Stadium in […]
If not when is it supposed to? submitted by /u/cheekleaks [link] [comments]
Bitcoin and Ethereum had led the market in the recent price decline. It has led to a lot of profit-taking on the part of investors that want to avoid incurring more losses in the long term. Nevertheless, investors remain undeterred as they continue to accumulate coins. The result of this has been intense outflows for both Bitcoin and Ethereum leading to a negative net flow for both digital assets. Bitcoin, Ethereum Investors Not Backing Down Bitcoin slid down below $40,000 at the start of the week and brought with it a wave of long liquidations. These prices have seen sentiment turn mostly negative in the meantime but for those who are accumulating, it has been a good time to increase their bags and the exchange outflows corroborate this. Related Reading | TA: Ethereum Steadies Above $3K, Why Upsides Could be Capped For the past day, exchange outflows have surpassed that of inflows by more than $200 million. It has come out to $1.1 billion in bitcoin being moved out of centralized exchanges while inflows remain at $886.4 million for the same time period. The same trend was the case for the second-largest cryptocurrency by market cap, Ethereum. Outflows had also come out ahead of inflows by more than $70 million. In total, there was $658.2 million worth of inflows and outflows went as high as $729.2 million. 📊 Daily On-Chain Exchange Flow#Bitcoin $BTC➡️ $886.4M in⬅️ $1.1B out📉 Net flow: -$236.2M#Ethereum $ETH➡️ $658.2M in⬅️ $729.2M out📉 Net flow: -$70.9M#Tether (ERC20) $USDT➡️ $816.5M in⬅️ $648.4M out📈 Net flow: +$168.0Mhttps://t.co/dk2HbGwhVw — glassnode alerts (@glassnodealerts) April 13, 2022 Tether Says More Accumulation The amount of Tether that flowed into exchanges compared to that which flowed out also supports investors are continuing the accumulation trend. Mostly when investors are moving their Tether to exchanges, it is so they can purchase cryptocurrencies, a large portion of which ends up going to Bitcoin and Ethereum. Related Reading | How Shiba Inu Soared 20% On Robinhood Listing, Watch Out For Volatility $816.5 million were moved into centralized exchanges over the past day and $648.4 million were moved out. This saw a positive net flow of $168 million worth of Tether moving into exchanges. It follows the same trend from the previous day which had seen bitcoin record a negative net flow of -$45.4 million for bitcoin and -$74.4 million for Ethereum. Tether had also recorded a positive net flow of $132.3 million, indicating that investors are accumulating through the downtrend. BTC loses footing above $40,000 | Source: BTCUSD on TradingView.com Featured image from US News Money, chart from TradingView.com
Weird question here but I was wondering what would happen to a crypto if a billionaire like Elon Musk or whoever just happened to be dumb enough to buy most of the token supply of a certain crypto? Let's say it's July 2013 and Mr billionaire decides to buy up 95% of the supply of…
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Pls dont ban me but i couldn’t find a post that explains it submitted by /u/crahanovism [link] [comments]
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