Shifting point between long term holders and new buyers
This method is used in identifying the approximate time in which the new bull market shall start is very useful specially for long term investment with high ROI ratio.
When the long aged stored coins are accumulated for long time metric is decreasing until the intersection point between the (6m-12m and the 12m-18m) this drop is due to 2 things.
Historically it showed a good indication of the presence of an under-valued market. a stage where these coins are shifted into a younger age bands which means some people are accumulating some future investment specially when there is a noticeable increase in the young age bands even few moths before the new bull market start. As for now we are at the under-values stage and is a good time for future investment with a good ROI ratio.
https://cryptoquant.com/insights/quicktake/641fd8215d1c2e47c09a7b16-Shifting-point-between-long-term-holders-and-new-buyers
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This method is used in identifying the approximate time in which the new bull market shall start is very useful specially for long term investment with high ROI ratio.
When the long aged stored coins are accumulated for long time metric is decreasing until the intersection point between the (6m-12m and the 12m-18m) this drop is due to 2 things.
Historically it showed a good indication of the presence of an under-valued market. a stage where these coins are shifted into a younger age bands which means some people are accumulating some future investment specially when there is a noticeable increase in the young age bands even few moths before the new bull market start. As for now we are at the under-values stage and is a good time for future investment with a good ROI ratio.
https://cryptoquant.com/insights/quicktake/641fd8215d1c2e47c09a7b16-Shifting-point-between-long-term-holders-and-new-buyers
📍 Follow @Coins for the hottest news in crypto.
Coins ( ₿ )
An update on our work today to recover funds for Euler protocol users. Here are a few actions we took immediately: 1. Stopped the direct attack as soon as possible by helping disable the EToken module, which blocked deposits and the vulnerable donation…
Euler: The hacker returned 58,737 ETH of the 96,000 ETH stolen.
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Kenya signs deal with Saudi Arabia and UAE to buy oil with Kenyan shillings instead of US dollars.
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Founder of Polygon, Sandeep Naiwal tweets:
Vitalik Buterin did the symbolic first ever transaction on Polygon's zkEVM and it has a message on it
"Millions of constraints for man, unconstrained scalability for mankind"
https://twitter.com/sandeepnailwal/status/1640363226973065218
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Vitalik Buterin did the symbolic first ever transaction on Polygon's zkEVM and it has a message on it
"Millions of constraints for man, unconstrained scalability for mankind"
https://twitter.com/sandeepnailwal/status/1640363226973065218
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Digital asset investment products saw inflows totalling $160m, the largest since July 2022. A marked turnaround following 6 weeks of outflows that totalled $408m.
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CZ's response on CFTC allegations (1/2):
Cooperation and Transparency with Law Enforcement. Binance is committed to transparency and cooperation with regulators and law enforcement (LE) — in the US and globally. Binance currently has more than 750 people in our Compliance teams, many with prior law enforcement and regulatory agency backgrounds. To date, we have handled 55,000+ LE requests, and assisted US LE freeze/seize more than $125 million in funds in 2022 alone and $160 million in 2023 so far.
Registrations and Licenses. Binance.com holds the highest number of licenses/registrations globally, 16 and counting, and is well regarded by our user community.
Trading. Binance.com does not trade for profit or “manipulate” the market under any circumstances. Binance “trades” in a number of situations. Our revenues are in crypto. We do need to convert them from time-to-time to cover expenses in fiat or other crypto currencies. We have affiliates that provide liquidity for less liquid pairs. These affiliates are monitored specifically not to have large profits.
Personally, I have two accounts at Binance: one for Binance Card, one for my crypto holdings. I eat our own dog food and store my crypto on Binance.com. I also need to convert crypto from time-to-time to pay for my personal expenses or for the Card.
https://www.binance.com/en/blog/from-cz/czs-response-to-the-cftc-complaint-2408916493005890282
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Cooperation and Transparency with Law Enforcement. Binance is committed to transparency and cooperation with regulators and law enforcement (LE) — in the US and globally. Binance currently has more than 750 people in our Compliance teams, many with prior law enforcement and regulatory agency backgrounds. To date, we have handled 55,000+ LE requests, and assisted US LE freeze/seize more than $125 million in funds in 2022 alone and $160 million in 2023 so far.
Registrations and Licenses. Binance.com holds the highest number of licenses/registrations globally, 16 and counting, and is well regarded by our user community.
Trading. Binance.com does not trade for profit or “manipulate” the market under any circumstances. Binance “trades” in a number of situations. Our revenues are in crypto. We do need to convert them from time-to-time to cover expenses in fiat or other crypto currencies. We have affiliates that provide liquidity for less liquid pairs. These affiliates are monitored specifically not to have large profits.
Personally, I have two accounts at Binance: one for Binance Card, one for my crypto holdings. I eat our own dog food and store my crypto on Binance.com. I also need to convert crypto from time-to-time to pay for my personal expenses or for the Card.
https://www.binance.com/en/blog/from-cz/czs-response-to-the-cftc-complaint-2408916493005890282
📍 Follow @Coins for the hottest news in crypto.
Binance Blog
CZ’s Response to the CFTC Complaint
Binance's CEO responds to the complaint filed by the CFTC
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CZ's response on CFTC allegations (2/2):
Binance.com has a 90 day no-day-trading rule for employees, meaning you are not allowed to sell a coin within 90 days of your most recent buy, or vice versa. This is to prevent any employees from actively trading. We also prohibit our employees from trading in Futures. Further, we have strict policies for anyone with access to private information, such as details of listings, Launchpad, etc. They are not allowed to buy or sell those coins.
I observe these policies myself strictly. I also never participated in Binance Launchpad, Earn, Margin, or Futures. I know the best use of my time is to build a solid platform that services our users.
At Binance, we look for amicable solutions to all problems. We are collaborative with regulators and government agencies all around the world. While we are not perfect, we hold ourselves to a high standard, often higher than what existing regulations require. And above all, we believe in doing the right thing by our users at all times. In this journey towards freedom of money, we do not expect everything to be easy. We do not shy away from challenges.
https://www.binance.com/en/blog/from-cz/czs-response-to-the-cftc-complaint-2408916493005890282
📍 Follow @Coins for the hottest news in crypto.
Binance.com has a 90 day no-day-trading rule for employees, meaning you are not allowed to sell a coin within 90 days of your most recent buy, or vice versa. This is to prevent any employees from actively trading. We also prohibit our employees from trading in Futures. Further, we have strict policies for anyone with access to private information, such as details of listings, Launchpad, etc. They are not allowed to buy or sell those coins.
I observe these policies myself strictly. I also never participated in Binance Launchpad, Earn, Margin, or Futures. I know the best use of my time is to build a solid platform that services our users.
At Binance, we look for amicable solutions to all problems. We are collaborative with regulators and government agencies all around the world. While we are not perfect, we hold ourselves to a high standard, often higher than what existing regulations require. And above all, we believe in doing the right thing by our users at all times. In this journey towards freedom of money, we do not expect everything to be easy. We do not shy away from challenges.
https://www.binance.com/en/blog/from-cz/czs-response-to-the-cftc-complaint-2408916493005890282
📍 Follow @Coins for the hottest news in crypto.
Binance Blog
CZ’s Response to the CFTC Complaint
Binance's CEO responds to the complaint filed by the CFTC
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Bitcoin and Ether Are Commodities, Says CFTC in Binance Lawsuit
According to the complaint, “Binance, under Zhao’s direction and control and with Lim’s willful and substantial assistance, has solicited and accepted orders, accepted property to margin, and operated a facility for the trading of futures, options, swaps, and leveraged retail commodity transactions involving digital assets that are commodities including bitcoin (BTC), ether (ETH), and litecoin (LTC) for persons in the United States.”
If Bitcoin, Ethereum, and Litecoin are commodities, is CFTC hinting they are already regulated? 👍/👎
https://blockworks.co/news/bitcoin-and-ether-are-commodities-says-cftc-in-binance-lawsuit
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According to the complaint, “Binance, under Zhao’s direction and control and with Lim’s willful and substantial assistance, has solicited and accepted orders, accepted property to margin, and operated a facility for the trading of futures, options, swaps, and leveraged retail commodity transactions involving digital assets that are commodities including bitcoin (BTC), ether (ETH), and litecoin (LTC) for persons in the United States.”
If Bitcoin, Ethereum, and Litecoin are commodities, is CFTC hinting they are already regulated? 👍/👎
https://blockworks.co/news/bitcoin-and-ether-are-commodities-says-cftc-in-binance-lawsuit
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Blockworks
Bitcoin and Ether Are Commodities, Says CFTC in Binance Lawsuit
The CFTC made an interesting claim in its lawsuit against Binance, stating that ETH and BTC are both commodities — at odds with the SEC.
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Disney eliminates its Metaverse division.
https://www.wsj.com/articles/disney-eliminates-its-metaverse-division-as-part-of-companys-layoffs-plan-94b03650
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https://www.wsj.com/articles/disney-eliminates-its-metaverse-division-as-part-of-companys-layoffs-plan-94b03650
📍 Follow @Coins for the hottest news in crypto.
The Wall Street Journal
WSJ News Exclusive | Disney Eliminates Its Metaverse Division as Part of Company’s Layoffs Plan
The elimination is part of a broader restructuring that is expected to reduce head count by around 7,000 across the company over the next two months.
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Every time Sam Bankman-Fried ends up back in the news, we’re always reminded of Frodo Baggins in the “Lord of the Rings” movies, looking (longingly?) at his sidekick Sam and uttering, “Oh, Sam.”
The former FTX chief executive officer was slapped with new criminal charges, this time for allegedly bribing one or more Chinese officials to unfreeze Alameda Research accounts.
The 13-count superseding indictment was unsealed on Tuesday morning. The filing includes a new count for conspiracy to violate the anti-bribery provisions in the Foreign Corrupt Practices Act.
Bankman-Fried and others allegedly directed and caused the transfer of approximately $40 million in cryptocurrency intended to benefit one or more Chinese government officials, according to the indictment.
"Bankman-Fried and others agreed to pay cryptocurrency to one or more foreign officials in China to influence and induce them to unfreeze the accounts in order to assist Bankman-Fried, Alameda, and others in obtaining and retaining business for, and directing business to, Bankman-Fried, Alameda, and others,” the superseding indictment says.
The U.S. District Court for the Southern District of New York previously unsealed a 12-count superseding indictment against Bankman-Fried in February. The former FTX boss has not been arraigned on five of the 13 charges in the new indictment.
📍 Follow @Coins for the hottest news in crypto.
The former FTX chief executive officer was slapped with new criminal charges, this time for allegedly bribing one or more Chinese officials to unfreeze Alameda Research accounts.
The 13-count superseding indictment was unsealed on Tuesday morning. The filing includes a new count for conspiracy to violate the anti-bribery provisions in the Foreign Corrupt Practices Act.
Bankman-Fried and others allegedly directed and caused the transfer of approximately $40 million in cryptocurrency intended to benefit one or more Chinese government officials, according to the indictment.
"Bankman-Fried and others agreed to pay cryptocurrency to one or more foreign officials in China to influence and induce them to unfreeze the accounts in order to assist Bankman-Fried, Alameda, and others in obtaining and retaining business for, and directing business to, Bankman-Fried, Alameda, and others,” the superseding indictment says.
The U.S. District Court for the Southern District of New York previously unsealed a 12-count superseding indictment against Bankman-Fried in February. The former FTX boss has not been arraigned on five of the 13 charges in the new indictment.
📍 Follow @Coins for the hottest news in crypto.
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Signature Bank’s cryptocurrency clients have been reportedly given until April 5 to take their funds out and find another bank, or have their accounts closed by the federal regulator.
https://cointelegraph.com/news/signature-s-crypto-clients-told-to-close-their-accounts-by-april-5-report
📍 Follow @Coins for the hottest news in crypto.
https://cointelegraph.com/news/signature-s-crypto-clients-told-to-close-their-accounts-by-april-5-report
📍 Follow @Coins for the hottest news in crypto.
Cointelegraph
Signature’s crypto clients told to close their accounts by April 5: Report
The FDIC has reportedly told Signature Bank’s crypto clients to transfer their funds to another bank, or their accounts will be closed by April 5, as crypto deposits and Signet were both excluded from its deal with New York Community Bancorp.
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The Algorand Foundation Branches Out to India. AlgoBharat claims it will support India’s transformation from the Web2 to Web3 space.
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.
AlgoBharat won’t have a registered entity in India but will see a dedicated team focus on real world utility for blockchain in India with relevance for the rest of the world, the representatives said. The word Bharat represents the nation of India.
https://www.coindesk.com/policy/2023/03/29/the-algorand-foundation-branches-out-to-india/
📍 Follow @Coins for the hottest news in crypto.
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.
AlgoBharat won’t have a registered entity in India but will see a dedicated team focus on real world utility for blockchain in India with relevance for the rest of the world, the representatives said. The word Bharat represents the nation of India.
https://www.coindesk.com/policy/2023/03/29/the-algorand-foundation-branches-out-to-india/
📍 Follow @Coins for the hottest news in crypto.
CoinDesk
The Algorand Foundation Branches Out to India
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.
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Forwarded from Crypto Rekt Liquidations Bot
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Buying ice cream in 🇬🇭Ghana with Binance Pay.
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JAN - BTC PUMPED 40%
FEB - BTC PUMPED 0%
MARCH - BTC PUMPED 22%
BITCOIN IS UP 71% IN 2023
📍 Follow @Coins for the hottest news in crypto.
FEB - BTC PUMPED 0%
MARCH - BTC PUMPED 22%
BITCOIN IS UP 71% IN 2023
📍 Follow @Coins for the hottest news in crypto.
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Upbit announced that it will add ARB to the KRW and BTC markets, only supporting deposits from the Arbitrum network, and trading is expected to open at 16:00 on March 30.
https://upbit.com/service_center/notice?id=3420
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https://upbit.com/service_center/notice?id=3420
📍 Follow @Coins for the hottest news in crypto.
업비트(Upbit)
KRW, BTC 마켓 디지털 자산 추가 (ARB)
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Forwarded from Crypto Rekt Liquidations Bot
Binance will list Radiant Capital (RDNT) in the Innovation Zone at 2023-03-30 07:30 UTC.
https://www.binance.com/en/support/announcement/binance-will-list-radiant-capital-rdnt-in-the-innovation-zone-2fc7b93cb25040cea40a6c6e24573cce
https://www.binance.com/en/support/announcement/binance-will-list-radiant-capital-rdnt-in-the-innovation-zone-2fc7b93cb25040cea40a6c6e24573cce
Binance
Binance Will List Radiant Capital (RDNT) in the Innovation Zone | Binance Support
Fellow Binancians, Binance will list Radiant Capital (RDNT) in the Innovation Zone and will open trading for these spot trading pairs at 2023-03-30 07:30 (UTC) : New Spot Trading Pairs : RDNT/BTC,...
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