May 1, 2024

Crypt. Results November 19-20

Crypt. Results November 19-20

  • Yesterday the State Duma introduced a billregulating miningand sale of mined cryptocurrencies. Short reviewdocument.
  • Tether transfers 1,000,000,000 USDT from the Solana blockchain to the Ethereum network— after this, only 900 million tokens will remain in the network.
  • Amid the collapse of FTX,Coinbaseadvertises on the entire pageThe wall street journalwith the slogan "trust us".
  • The Bahamas Securities Commission states thatthey took full control of all FTX digital assets.
  • The head of the Russian State Duma Committee on the financial market said thatthe bill provides for a complete ban on the circulation of cryptocurrencies.
  • Unknown user paid93 ETH ($113,700) feeswhen exchanging tokens through DEX exchanges.
  • From the networkBNB Chainbrought out59,151 BTC wrapped (BTCB)- now at the address where the collateral coins were stored,there are 68,200 BTC left, and there were 127,351 BTC.
  • Filming started in the Bahamasdocumentarymovieabout FTX and Sam- Directed by previously Oscar-nominated David Dargue.
  • The news background continuesheat up. From the essential:

    Grayscaleand parent company Digital Currency Group, which issued GBTC (Bitcoin shares) have seen the value of their Bitcoin sharesfell by 42.7%.

    And for us this is important because they own633,000 BTC.

    And now they must start selling some of these bitcoins to restore the situation.

    They don't sell anything yetrefusedisplay their reserves, citing “security reasons.” And the team members’ page was removed from the company’s website.

    FTX bankruptcy after allintimidated the miners. We have seen record sales of Bitcoin by miners in recent years.5 years.

    A whole liston-chain metricsright now it shows that the cue ballat the bottom. Some indicators have already reached historical levels, some are already very close to peak values.

    And a whole list of talking heads in various media began to predict the cue ball according to$10k 

    From the positive: all this points to an imminent market reversal.
    Crypt. Results November 19-20