iCrypto
558 subscribers
1.28K photos
29 videos
1 file
1.74K links
Latest crypto news & market insights
Download Telegram
Progress of "Bitcoin" Google search volume reaching 2017 peak:

▓▓▓▓▓▓░░░░░░░░░ 39%
The price of #Bitcoin  on its birthday:

12 years old: $33,400
11 years old: $7,319
10 years old: $3,783
9 years old: $14,764
8 years old: $1,084
7 years old: $432
6 years old: $275
5 years old: $816
4 years old: $13
3 years old: $5
2 years old: $0.29
1 year old: $0.05
The last time $ETH broke above $1,000 was on Jan 5 2018. Just 8 days later it shot to $1,448 on Jan 13.
Almost 2% of ETH supply is staked on the ETH2 deposit contract.
It seems the sell-side liquidity crunch started to hit $ETH just like the $BTC market.

For $BTC, all exchanges' reserves decreased by 31% compared to Feb 2020.

For $ETH, all exchanges' reserves decreased by 20% compared to May 2020. — link
Ethereum's Layer 2 scaling solution Optimism plans to release its preliminary mainnet on January 15 — link
#Ethereum funding rates are at a record high, breaking an average of 0.2% across major exchanges.

#BitMEX is leading the pack with a funding rate above 0.4% — link
WikiLeaks founder Julian Assange cannot be extradited to US to face espionage charges, UK court rules. — link
If this is your first #Bitcoin bull run, here’s some advice:

– corrections are healthy
– 30% dips are normal
– only buy what you can afford
– try not to use leverage
– take a little profit here & there
– don’t stare at your phone all day
– remember to take breaks
– BUY THE DIPS
$190,000,000 (in long positions) were liquidated on #Binance within 10 minutes.

Largest value to date. — link
More than $1.1 billion worth of positions liquidated in the last hour. More than a third of that came from Binance
The demand for #Ethereum is through the roof.

Ethereum fees reached a new ATH today - $1,771,317.01

And as fees go to a new high, so does the Daily Gas Cost with 569.31 Gwei. — link
I know you guys aren't really panicking about #Bitcoin, but in case you are:

One River ($1.6B fund) bought $600M & will buy $400M more
Guggenheim ($5.3B fund) will buy $530M
SkyBridge ($9.2B fund) bought $182M
Ruffer ($27B fund) bought $744M
MassMutual ($675B AUM) bought $100M

— link
JUST IN! Three Arrows Capital position in GBTC tops $1 billion

As per a filing with the SEC, the firm's holdings represent 36,969 bitcoin.

"We continue to enjoy working with the Grayscale team and look forward to investing more in the crypto ecosystem" ~Kyle Davies

— link
BREAKING: US regulator: Federally chartered banks can facilitate stablecoin payments, issue their own — link
Kraken Files Formal Response to Last-Minute US Government Crypto Rulemaking — link
Nansen tracks six fund portfolios currently worth over $20 million in Ether and token balances.

Paradigm sits atop as one of the largest funds, but still has over $100 million in ETH that they haven’t deployed. — link
Square says new FinCEN wallet proposal will inhibit crypto adoption and hinder law enforcement efforts — link
JP Morgan reports since October of 2020:

---> $3,000,000,000 went into Grayscale Bitcoin
<--- $7,000,000,000 went out of gold ETFs

— link