GUILLEGOB
High-Frequency Trader
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Trump announced everything is going up
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Here you can start mining for free from your mobile with these 5 options. By entering the referral, you get it for free.
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#PriceTrendAnalysis
The cryptocurrency exchange Bybit suffered a hack that resulted in the theft of USD 1.5 billion in Ethereum, in what is considered the largest attack in the history of the sector.
According to Bybit's CEO, Ben Zhou, a hacker managed to manipulate the security signature of a transaction between the platform's wallets, taking control of one of the cold wallets of Ethereum and transferring the funds to unknown addresses.
The hacker withdrew approximately 1.46 billion dollars in a series of suspicious transactions.
Despite this incident, Bybit assured that all customer funds are safe and that the company will fully cover the loss.
The platform is working with blockchain security experts to investigate the attack and assured that all other cold wallets of Bybit remain completely secure.
The theft surpassed the attack on Poly Network in 2021, which was considered the largest theft recorded in the cryptocurrency industry until that point.
The cryptocurrency exchange Bybit suffered a hack that resulted in the theft of USD 1.5 billion in Ethereum, in what is considered the largest attack in the history of the sector.
According to Bybit's CEO, Ben Zhou, a hacker managed to manipulate the security signature of a transaction between the platform's wallets, taking control of one of the cold wallets of Ethereum and transferring the funds to unknown addresses.
The hacker withdrew approximately 1.46 billion dollars in a series of suspicious transactions.
Despite this incident, Bybit assured that all customer funds are safe and that the company will fully cover the loss.
The platform is working with blockchain security experts to investigate the attack and assured that all other cold wallets of Bybit remain completely secure.
The theft surpassed the attack on Poly Network in 2021, which was considered the largest theft recorded in the cryptocurrency industry until that point.
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#ActiveUserImpact
According to various sources, the number of active cryptocurrency users has experienced significant growth in recent years. In January 2021, it was estimated that the global number of Bitcoin users was 71 million, while that of Ether was 14 million.
By May 2020, Crypto.com reported that the total number of cryptocurrency users worldwide was 66 million, and by January 2021, this number increased to 106 million.
In June 2021, Crypto.com published a report indicating that the total number of cryptocurrency users worldwide exceeded 221 million.
This increase is partly attributed to the adoption of altcoins, which have contributed to the growth of the crypto population.
In 2023, the number of cryptocurrency users worldwide was over 670 million.
According to various sources, the number of active cryptocurrency users has experienced significant growth in recent years. In January 2021, it was estimated that the global number of Bitcoin users was 71 million, while that of Ether was 14 million.
By May 2020, Crypto.com reported that the total number of cryptocurrency users worldwide was 66 million, and by January 2021, this number increased to 106 million.
In June 2021, Crypto.com published a report indicating that the total number of cryptocurrency users worldwide exceeded 221 million.
This increase is partly attributed to the adoption of altcoins, which have contributed to the growth of the crypto population.
In 2023, the number of cryptocurrency users worldwide was over 670 million.
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#OnChainInsights How much are cryptocurrency prices being driven by institutional investors or retail traders? How has the distribution of wealth in the markets changed over time?
On-chain data complements existing sources, such as exchange books, to provide insights into activities in the blockchain space. Leveraging our existing data warehouse, we highlight 3 metrics that investors or anyone interested in virtual asset markets should track.
On-chain data complements existing sources, such as exchange books, to provide insights into activities in the blockchain space. Leveraging our existing data warehouse, we highlight 3 metrics that investors or anyone interested in virtual asset markets should track.
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#MarketSentimentWatch
The sentiment of the crypto market has fluctuated significantly in recent years. In February 2023, the sentiment in the Bitcoin market was very positive, despite the price being significantly lower than in 2021.
However, in June 2022, there was a sharp turn in market sentiment, with Bitcoin and Ethereum experiencing significant drops due to risk aversion.
In May 2024, the Bitcoin fear and greed index showed that the current market sentiment could be a buy signal if fear is extreme, or a correction signal if greed is high.
According to the fear and greed index, investors use these tools to adjust their buying and selling strategies, as market sentiment is crucial for predicting cryptocurrency price movements.
The sentiment of the crypto market is very emotional, and investors tend to be greedy when the market is bullish and to sell irrationally when they see red numbers.
The sentiment of the crypto market has fluctuated significantly in recent years. In February 2023, the sentiment in the Bitcoin market was very positive, despite the price being significantly lower than in 2021.
However, in June 2022, there was a sharp turn in market sentiment, with Bitcoin and Ethereum experiencing significant drops due to risk aversion.
In May 2024, the Bitcoin fear and greed index showed that the current market sentiment could be a buy signal if fear is extreme, or a correction signal if greed is high.
According to the fear and greed index, investors use these tools to adjust their buying and selling strategies, as market sentiment is crucial for predicting cryptocurrency price movements.
The sentiment of the crypto market is very emotional, and investors tend to be greedy when the market is bullish and to sell irrationally when they see red numbers.
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#TokenMovementSignals The cryptocurrency tracking process involves the constant monitoring of various metrics of a particular coin. Among these metrics are its price, market capitalization, supply and demand of cryptocurrencies, among many other aspects.
Staying up to date with all this relevant data allows operators to make informed decisions about when the right time is to make a move; Buy, sell, hold, or simply ignore the coin.
How to Track Tokens and Coins: Buy, sell, hold, or ignore.
Once we learn how to track tokens and coins, the whole process stops being a difficult task. The same rules apply; therefore, an experienced operator will always be ahead of the competition, as they will know when to detect a new cryptocurrency before other operators.
The first step is to find, select, and familiarize oneself with the most reliable cryptocurrency tracking sites. The available selection is broad and varied, but let’s focus on popular, free, and trusted cryptocurrency tracking sites.
Among the most notable and reliable names in the industry, platforms such as BitDegree, CoinMarketCap or CoinGecko should be mentioned.
Staying up to date with all this relevant data allows operators to make informed decisions about when the right time is to make a move; Buy, sell, hold, or simply ignore the coin.
How to Track Tokens and Coins: Buy, sell, hold, or ignore.
Once we learn how to track tokens and coins, the whole process stops being a difficult task. The same rules apply; therefore, an experienced operator will always be ahead of the competition, as they will know when to detect a new cryptocurrency before other operators.
The first step is to find, select, and familiarize oneself with the most reliable cryptocurrency tracking sites. The available selection is broad and varied, but let’s focus on popular, free, and trusted cryptocurrency tracking sites.
Among the most notable and reliable names in the industry, platforms such as BitDegree, CoinMarketCap or CoinGecko should be mentioned.
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#WalletActivityInsights How to Track Crypto Wallets
There are three steps to tracking a cryptocurrency wallet: Discovering the wallet, gathering detailed data on its on-chain transactions, and translating the data obtained from the first two steps into useful information. Through these, an investor can gain insights into 'smart' investors' movements and potentially predict market movements using clues from the actions taken by notable wallets.
Key to Carry
Tracking a cryptocurrency wallet involves closely following the transactions of the wallets and observing the significant transactions it has made over a period of time or that involve a specific asset.
Wallet tracking provides investors with information on asset movement based on tracking the transactions of major holders, which can be used to speculate on market movements.
Wallet tracking can be done using blockchain explorers or special applications to detect or stalk the selected wallet.
Dedicated wallet trackers are designed to provide clearer information on the movements made by the wallet and notify the investor.
There are three steps to tracking a cryptocurrency wallet: Discovering the wallet, gathering detailed data on its on-chain transactions, and translating the data obtained from the first two steps into useful information. Through these, an investor can gain insights into 'smart' investors' movements and potentially predict market movements using clues from the actions taken by notable wallets.
Key to Carry
Tracking a cryptocurrency wallet involves closely following the transactions of the wallets and observing the significant transactions it has made over a period of time or that involve a specific asset.
Wallet tracking provides investors with information on asset movement based on tracking the transactions of major holders, which can be used to speculate on market movements.
Wallet tracking can be done using blockchain explorers or special applications to detect or stalk the selected wallet.
Dedicated wallet trackers are designed to provide clearer information on the movements made by the wallet and notify the investor.
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#GasFeeImpact Blockchain fees have a significant impact on the operation and security of cryptocurrency networks. These fees are necessary to reward miners or validators who help confirm transactions and to protect the network from spam attacks.
On networks like Bitcoin, fees are an essential part of their inception and are calculated based on the size of the transaction.
In contrast, other networks like Ripple have fixed fees that are burned within the network, reducing the number of funds in circulation.
Fees can vary depending on network activity and transaction traffic, which can make transactions more or less expensive.
While high fees can make everyday use of cryptocurrencies difficult, very low fees could lead to security issues.
On networks like Bitcoin, fees are an essential part of their inception and are calculated based on the size of the transaction.
In contrast, other networks like Ripple have fixed fees that are burned within the network, reducing the number of funds in circulation.
Fees can vary depending on network activity and transaction traffic, which can make transactions more or less expensive.
While high fees can make everyday use of cryptocurrencies difficult, very low fees could lead to security issues.
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#LitecoinETF ETF of litecoin is listed for trading
The exchange-traded fund (ETF) based on litecoin (LTC) proposed by Canary Capital Group has been added to the list of the Depository Trust & Clearing Corporation (DTCC), a key step on its path toward possible approval and marketing in the United States.
Although this registration does not represent regulatory approval, it is a prerequisite for the fund to be launched to the market in case it receives the green light from the U.S. Securities and Exchange Commission (SEC).
Inclusion in the DTCC is a standard procedure for funds seeking to operate in the U.S. market. In the past, bitcoin (BTC) and ether (ETH) ETFs also went through this process before their official approval.
Since the approval of bitcoin and ether ETFs in 2024, the market has seen significant growth, which has driven the development of similar products for other cryptocurrencies such as Official Trump (TRUMP), Bonk (BONK), and Dogecoin (DOGE).
Following the news of the listing on the DTCC, litecoin experienced an increase of 4% in its price in the last 24 hours, reaching 135 dollars.
The exchange-traded fund (ETF) based on litecoin (LTC) proposed by Canary Capital Group has been added to the list of the Depository Trust & Clearing Corporation (DTCC), a key step on its path toward possible approval and marketing in the United States.
Although this registration does not represent regulatory approval, it is a prerequisite for the fund to be launched to the market in case it receives the green light from the U.S. Securities and Exchange Commission (SEC).
Inclusion in the DTCC is a standard procedure for funds seeking to operate in the U.S. market. In the past, bitcoin (BTC) and ether (ETH) ETFs also went through this process before their official approval.
Since the approval of bitcoin and ether ETFs in 2024, the market has seen significant growth, which has driven the development of similar products for other cryptocurrencies such as Official Trump (TRUMP), Bonk (BONK), and Dogecoin (DOGE).
Following the news of the listing on the DTCC, litecoin experienced an increase of 4% in its price in the last 24 hours, reaching 135 dollars.
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#Usual the total supply on the day of release will be 12% of the total. 496 million in total circulation. The circulating supply is now 300 million. There will undoubtedly be a shortage......
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