Forwarded from Official VIP Group
#XLM
Successfully reached our fourth target bringing up to +14% profit! The long position is fully closed here
@CryptoWorldTina
Successfully reached our fourth target bringing up to +14% profit! The long position is fully closed here
@CryptoWorldTina
Forwarded from Official VIP Group
The total amount of $BTC in centralized exchange wallets has dropped to a 2-year low of ~85.7k after Bitcoin’s latest drop below 10,000.
The last time Bitcoin’s supply on exchanges was this low was March 2018, after its sudden drop below 11,000.
@CryptoWorldTina
The last time Bitcoin’s supply on exchanges was this low was March 2018, after its sudden drop below 11,000.
@CryptoWorldTina
Forwarded from Official VIP Group
Bithumb will offer Tachyon Protocol (IPX) staking as of June 8. Tachyon Protocol is a decentralized internet protocol co-launched by V SYSTEMS and X-VPN. Bithumb introduced staking on its platform in April this year. IOST and LUNA were available for staking till today.
@CryptoWorldTina
@CryptoWorldTina
Forwarded from Official VIP Group
Bitcoin, Stocks Fall as Dollar Rebounds ahead of U.S. Trade Data
▪️ Spot bitcoin fell 1.45 percent to $9,501 as of 0900 UTC as the U.S. dollar rebounded from its seven-day plunge.
▪️ The cryptocurrency’s downside move surfaced ahead of a fresh U.S. trade and unemployment data release at 0830 ET on Thursday.
▪️ The U.S. stock market, which remains positively correlated to bitcoin, also dived as investors booked short-term profits.
Bitcoin continued to tail the moves in the global stock market this Thursday.
The benchmark cryptocurrency fell by 1.45 percent to $9,501 minutes after 0900 UTC. The downside swing mainly came as a part of a short-term technical correction, wherein traders booked their intraday profits near the top of $9,689. So it seems, certain macro factors also kept traders from holding Bitcoin.
@CryptoWorldTina
▪️ Spot bitcoin fell 1.45 percent to $9,501 as of 0900 UTC as the U.S. dollar rebounded from its seven-day plunge.
▪️ The cryptocurrency’s downside move surfaced ahead of a fresh U.S. trade and unemployment data release at 0830 ET on Thursday.
▪️ The U.S. stock market, which remains positively correlated to bitcoin, also dived as investors booked short-term profits.
Bitcoin continued to tail the moves in the global stock market this Thursday.
The benchmark cryptocurrency fell by 1.45 percent to $9,501 minutes after 0900 UTC. The downside swing mainly came as a part of a short-term technical correction, wherein traders booked their intraday profits near the top of $9,689. So it seems, certain macro factors also kept traders from holding Bitcoin.
@CryptoWorldTina
Forwarded from Official VIP Group
May saw the highest crypto derivatives volumes ever.
Derivatives volumes soared 32% in May to reach $602 billion.
@CryptoWorldTina
Derivatives volumes soared 32% in May to reach $602 billion.
@CryptoWorldTina
Forwarded from Official VIP Group
Daily Bitcoin chart review 📈
So far Bitcoin moves within uptrend and even draw a hummer candle at support which is a bullish sign. But now it is under 9750 SR and so uptrend is getting weaker. CME Futures closed at 9800, so wherever weekend volatility will take the price, 9800 will be Monday target. Everything else stay the same - 9975-10100 is nearest strong resistance and 9444 / 9250 is nearest strong support. Sharper dump may take it to 8900-8700.
Resistance: 9750 - 9970 - 10100 - 10240
Support: 9600 - 9444 - 9222 - 8900 - 8700
@CryptoWorldTina
So far Bitcoin moves within uptrend and even draw a hummer candle at support which is a bullish sign. But now it is under 9750 SR and so uptrend is getting weaker. CME Futures closed at 9800, so wherever weekend volatility will take the price, 9800 will be Monday target. Everything else stay the same - 9975-10100 is nearest strong resistance and 9444 / 9250 is nearest strong support. Sharper dump may take it to 8900-8700.
Resistance: 9750 - 9970 - 10100 - 10240
Support: 9600 - 9444 - 9222 - 8900 - 8700
@CryptoWorldTina
Forwarded from Official VIP Group
#XRP UPDATE
Two bearish patterns - ascending channel and descending triangle. The safest SHORT entry is after 0.00002050 support breakdown.
@CryptoWorldTina
Two bearish patterns - ascending channel and descending triangle. The safest SHORT entry is after 0.00002050 support breakdown.
@CryptoWorldTina
Forwarded from Official VIP Group
Bitcoin expecting the price will reach the top of the channel once again, the breakout over $10,000 would pave the way towards continuation to the upside in the mid term
On the other hand, breakdown of the support line will result in revisiting 9,400 level 📈
@CryptoWorldTina
On the other hand, breakdown of the support line will result in revisiting 9,400 level 📈
@CryptoWorldTina
Forwarded from Official VIP Group
Grayscale added 9,503 BTC to their #Bitcoin Trust since last week (28,413 BTC since the halving)
Bitcoin miners only produced 6,863 #BTC since last week (19,200 $BTC
@CryptoWorldTina
Bitcoin miners only produced 6,863 #BTC since last week (19,200 $BTC
@CryptoWorldTina
Forwarded from Official VIP Group
Bitcoin's Wasabi Too Strong For Europol
Open-source, non-custodial Bitcoin privacy wallet Wasabi is popular enough to catch the attention of the European Union Agency for Law Enforcement Cooperation (Europol), the Hague-based European Union's law enforcement agency. As for what the law enforcement can do about this wallet's privacy options - it's not looking good for them.
In a two-part report for the eyes of "law enforcement only," one dated April and the other May, 2020, Europol’s European Cybercrime Centre (EC3), writes that they've noticed an "increasing number of investigations involving Wasabi Wallet." EC3 notes the wallet's use of the anonymization method for bitcoin transactions CoinJoin, integration of TOR software, that certain anti-money laundering (AML) legislation, such as the AMLD5, don't apply to it, and other privacy-focused features. The news was first reported by Coindesk.
As to how popular Wasabi is, the agency says "certainly popular enough to spark our interest." They go on to cite the data provided by blockchain and analytics specialist Chainalysis per which Wasabi stored keys to more than BTC 110,000 (USD 1 billion). Furthermore, almost USD 50 million in BTC were deposited in three weeks leading to the March report, with almost 30% from the dark web. "This is a significant amount, relatively speaking, given the dark web transactions are estimated to have only 1% share of total transactions," EC3 writes.
The report proceeds to analyze the use of the wallet in detail; it demonstrates a transaction, and looks into "the possibilities for law enforcement investigations," prefacing it with: "Spoiler alert: things are not looking good." Suspects who use the wallet correctly "have a very high probability of staying undetected."
Visually identifying a Wasabi transaction is possible and may be useful, it says, but if a suspect is consistently using the mixer, the commercial tracing tools should be able to identify them. However, they won't demix them. Whether Wasabi transactions can be demixed, "realistically speaking, in most cases the answer is negative." This may be possible, though, if a suspect makes a mistake and groups the mixed coins together. There also may be ways to do so in the future: Dutch financial crimes investigation agency FIOD started "promising technical research into behavior and demixing of Wasabi transactions ...."
While the transparency of blockchain is celebrated, it also prevents complete anonymity, given that one's balance and transaction history is available for all to see. Still, when it comes to personal funds, privacy is also a matter of great importance to the Cryptoverse. To those outside it, this may seem like setting a stage for illegal activities, but it's mostly about protecting funds from third-party attackers. There's probably some defiance there too, standing against regulators/authorities who find absolute privacy threatening, as it wouldn't allow identifying suspects, and are working to prevent it.
Open-source, non-custodial Bitcoin privacy wallet Wasabi is popular enough to catch the attention of the European Union Agency for Law Enforcement Cooperation (Europol), the Hague-based European Union's law enforcement agency. As for what the law enforcement can do about this wallet's privacy options - it's not looking good for them.
In a two-part report for the eyes of "law enforcement only," one dated April and the other May, 2020, Europol’s European Cybercrime Centre (EC3), writes that they've noticed an "increasing number of investigations involving Wasabi Wallet." EC3 notes the wallet's use of the anonymization method for bitcoin transactions CoinJoin, integration of TOR software, that certain anti-money laundering (AML) legislation, such as the AMLD5, don't apply to it, and other privacy-focused features. The news was first reported by Coindesk.
As to how popular Wasabi is, the agency says "certainly popular enough to spark our interest." They go on to cite the data provided by blockchain and analytics specialist Chainalysis per which Wasabi stored keys to more than BTC 110,000 (USD 1 billion). Furthermore, almost USD 50 million in BTC were deposited in three weeks leading to the March report, with almost 30% from the dark web. "This is a significant amount, relatively speaking, given the dark web transactions are estimated to have only 1% share of total transactions," EC3 writes.
The report proceeds to analyze the use of the wallet in detail; it demonstrates a transaction, and looks into "the possibilities for law enforcement investigations," prefacing it with: "Spoiler alert: things are not looking good." Suspects who use the wallet correctly "have a very high probability of staying undetected."
Visually identifying a Wasabi transaction is possible and may be useful, it says, but if a suspect is consistently using the mixer, the commercial tracing tools should be able to identify them. However, they won't demix them. Whether Wasabi transactions can be demixed, "realistically speaking, in most cases the answer is negative." This may be possible, though, if a suspect makes a mistake and groups the mixed coins together. There also may be ways to do so in the future: Dutch financial crimes investigation agency FIOD started "promising technical research into behavior and demixing of Wasabi transactions ...."
While the transparency of blockchain is celebrated, it also prevents complete anonymity, given that one's balance and transaction history is available for all to see. Still, when it comes to personal funds, privacy is also a matter of great importance to the Cryptoverse. To those outside it, this may seem like setting a stage for illegal activities, but it's mostly about protecting funds from third-party attackers. There's probably some defiance there too, standing against regulators/authorities who find absolute privacy threatening, as it wouldn't allow identifying suspects, and are working to prevent it.
Forwarded from Official VIP Group
This confirms what many had already suspected... #Bitcoin’s price is not fully reflecting the halving yet.
Once investors realize that the stream of selling pressure from miners has virtually evaporated, $BTC could see some serious upside. 📊
@CryptoWorldTina
Once investors realize that the stream of selling pressure from miners has virtually evaporated, $BTC could see some serious upside. 📊
@CryptoWorldTina
Forwarded from Official VIP Group
Risky - join breakout from 50-51
Safer - buy on pullback to 48-49
Target 59 / 61 / 64 / 73
@CryptoWorldTina #IOTX
Safer - buy on pullback to 48-49
Target 59 / 61 / 64 / 73
@CryptoWorldTina #IOTX
Forwarded from Official VIP Group
Central bank digital currencies could drive 'fundamental shift' in banking sector: Philadelphia Fed paper.
The Philadelphia Fed paper's authors remark that a CBDC "allows the central bank to engage in large-scale intermediation by competing with private financial intermediaries for deposits"
@CryptoWorldTina
The Philadelphia Fed paper's authors remark that a CBDC "allows the central bank to engage in large-scale intermediation by competing with private financial intermediaries for deposits"
@CryptoWorldTina
Forwarded from Official VIP Group
Coinbase Exchange Inaccessible Due to 5x Traffic Spike During Bitcoin Surge
According to Coinbase, the exchange’s autoscaling couldn’t keep up with a 5x traffic spike experienced during a Biyvoin price surge to $10,000.
According to Coinbase, the exchange’s autoscaling couldn’t keep up with a 5x traffic spike experienced during a Biyvoin price surge to $10,000.
Forwarded from Official VIP Group
#TRX
In profit, pumping. At the moment trades in +6% profit. Closed 3/5 of the position here.
@CryptoWorldTina
In profit, pumping. At the moment trades in +6% profit. Closed 3/5 of the position here.
@CryptoWorldTina