CryptoSentinel :: DeFi, IEOs & crypto news and analysis
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All things crypto and IEO + focus on scams!

Spinoff from famous Russian crypto media group CryptoChasovoy @ICOkaraulny

Run by @Icomuzhik

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Forwarded from CryptoVigilante
🦠 YouTube Influencers are Plagues

📈 Majority of them are posting idiotic click bait calls like, "Bitcoin to $100,000 next week" in order to get a larger audience.

💉 Once they get alot of followers, they will shill endless exchange links and scam coins.

📜 A full list of names will be revealed to you very soon.

"Sometimes you have to the wrong things for the right reasons"
Forwarded from CryptoRank News
📈Market Overview

Bitcoin is slowly moving lower and now trading well below the $9,500 pivot zone.

The price broke the 23.6% Fib retracement level (9450$) of the upward move from the $8,907 to $9,600. The bears were able to push the price below $9,400 and the 100 hourly SMA.

The first key support is seen near $9,250, which is close to the 50% Fib retracement level of the previously mentioned upward move.

Market capitalization: $275.23B (-1.14%)
The BTC dominance: 62.43% (+0.26%)
Fear & Gread Index: 39 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Melon (MLN) +103.47%
Origin Protocol (OGN) +49,20%
Smart Valor (VALOR) +41.40%

👉 Top Losers

Ark (ARK) -18,40%
Xensor (XSR) -15,40%
Verge (XVG) -11,80%

BTC Futures

Aggregated Volume — $9.01B
Aggregated Open Interest — $3.26B

👉 Derivatives Market Analytics
Forwarded from CryptoRank News
The Latest Breaking News 📣

#1 Big Four Accounting Firm EY Launches Crypto Tax Service — link

#2 Thailand's Central Bank Will Prototype Digital Currency-based Payment System for Businesses — link

#3 Reddit Seeks Scaling Solution for Ethereum-Based ‘Community Points’ — link

#4 Ripple, Brave, and Huobi Join Instant Global Payments Network PayID — link

#5 Chinese Officials Say Bitcoin Doesn’t Make the Top 10 Cryptocurrencies — link

#6 New Tech Makes Visa-level Volume Possible on Ethereum — link

👉https://cryptorank.io/news
Forwarded from unfolded.
The Bank of Thailand announces the prototype development project of
central bank digital currency (CBDC) — link
Forwarded from CryptoRank News
60% of Bitcoin is Held Long Term

According to Chainalysis, 11.4M BTC — or 60% of mined Bitcoin —is held by either people or businesses that have never sold more than 25% of Bitcoin and have often held on to that Bitcoin for many years.

Another 3.7M BTC — or 20% of mined Bitcoin — is lost as that hasn’t moved from its current set of addresses for 5 years or longer.

The rest 3.5M BTC — or 19% of mined Bitcoin — is used for trading as that moves frequently, primarily between exchanges.

As of June 2020, roughly 18.6M Bitcoin has been mined.
Forwarded from CryptoRank News
📈Market Overview

In the past 2 days, Bitcoin remained stable above the $9,200 support level. But today, the price started to climb and now BTC is trading above $9,400.

Bulls managed to push the price above the 50% Fib retracement level of the recent decline from the $9,416 to $9,279. Also, there was a break above a key bearish trend line with resistance near $9,370.

A strong support near $9,200, the recent trend line break, and a positive price action could push Bitcoin above $9,500.

Market capitalization: $278.61B (+0.61%)
The BTC dominance: 62.11% (-0.28%)
Fear & Gread Index: 38 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

ShareRing (SHR) +25.00%
Davinci Coin (DAC) +14,78%
TrustVerse (TRV) +14.60%

👉 Top Losers

Melon (MLN) -16.80%
GoChain (GO) -7,80%
NKN (NKN) -7,50%

BTC Futures

Aggregated Volume — $6.56B
Aggregated Open Interest — $3.24B

👉 Derivatives Market Analytics
Forwarded from unfolded.
PayPal is planning to roll out crypto purchases in the next three months.

PayPal has 325 million users.

Venmo is the largest consumer finance app in the US — link | coindesk
Forwarded from unfolded.
Bitcoin's realized cap is continually hitting all-time highs.

Realized Cap values bitcoins at the price at which they were last moved, in order to discount the value of lost coins and give active coins a more realistic economic weighting — link
Forwarded from unfolded.
Supreme court limits SEC's power to seek punitive fines on crypto firms — link
Forwarded from CryptoRank News
DeFi Token Balancer Price Surges Over 300% on First Trading Day

BAL, the governance token of Ethereum-based automated market maker exchange protocol Balancer, is live on Ethereum mainnet.

Soon after the deployment, the price has jumped from $6.65 to $22.28. As of now, BAL is trading at $20.

Balancer allows users to create liquidity pools where any number of predetermined Ethereum (ERC20) tokens can be deposited in fixed ratios to one another. When the prices change for tokens in a pool, allocations are rebalanced to the set ratios by allowing traders access to overweight tokens as liquidity.
Forwarded from CryptoRank News
📈Market Overview

Bitcoin is down more than 4.5% and it broke the key $9,500 level.

The price of BTC dropped below $9,000 from $9,660 within 21 hours. It is currently consolidating losses and trading in a range above $9,100.

The next major support is seen near the $9,000 level, below which the bears are likely to aim a test of the $8,800 support zone. Any further losses might call for a push towards $8,500.

Market capitalization: $273.55B (-4.69%)
The BTC dominance: 61.83% (0%)
Fear & Gread Index: 43 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Request Network (REQ) +29,27%
Quant (QNT) +21,14%
THORChain (RUNE) +11,94%

👉 Top Losers

Nimiq (NIM) -15,15%
Raiden (RDN) -14,03%
Storj (STORJ) -12,23%

BTC Futures

Aggregated Volume — $17.59B
Aggregated Open Interest — $3.36B

👉 Derivatives Market Analytics
Forwarded from CryptoRank News
The Latest Breaking News 📣

#1 Australians Can Now Pay for Bitcoin at the Post Office — link

#2 $188 Million in ETH Tied to PlusToken Ponzi Moves for First Time Since December — link

#3 Sweden's Central Bank Releases 98-Page 'Economic Review' Devoted to CBDC — link

#4 Circle's USDC Ends Its Monogamous Relationship with Ethereum — link

#5 New York’s Financial Regulator Just Made Life Easier for Crypto Firms — link

#6 Venezuela Tests Bitcoin Payments for Some Passports — link

#7 Shares in Grayscale’s Ether Trust Plummet 50% — and It’s Still Expensive — link

#8 Singapore Begins Crackdown on Unlicensed Bitcoin Sellers — link

👉https://cryptorank.io/news