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🔶 Keeping an #EYE on the major news in the #CRYPTO Market Cryptocurrency ↪ News Provider⚡ ⚠️ Major Crypto News 🗓 Market updates BUY ADS : @AdsOnlyBot
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7 220
🏦 Bitfinex closes week leading Bitcoin reserves according to Glassnode
The detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, with $3.5 billion worth of BTC. The data was obtained on Dec. 16 from OKX, KuCoin, Crypto.com, ByBit, Binance, BitMEX, and Bitfinex. OKX follows Bitfinex with the second largest BTC pool with more than $1.5 billion in BTC, while Binance comes as the third with just above $5 billion in BTC. BitMEX places fourth, with just over $1 billion in BTC. Crypto.com, ByBit, and KuCoin came as the fifth.
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Next 5-10 years are probably your last opportunity to make x100-x1000 in the Crypto market.
What can I (and you) do here:
✔️use 10-20% of monthly income to buy crypto: BTC, ETH or DCA into stablecoins and find yourself a safe platform which will grow that supply
✔️invest into infrastructural blockchain project with actively developing ecosystems
In my blog I will try to simplify as much as I can from my education in investing and 7+ years of experience in crypto.
Follow for crypto advice and investing tips:
👉Gene, CEO of Earnpark
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🚀 Elon Musk suddenly followed the official Twitter account of OKX, the only cryptocurrency exchange account that he followed.
While Binance backed Musk’s $500 million acquisition of Twitter, Musk has not followed Binance or CZ’s Twitter account.
Elon Musk has unfollowed OKX after widespread media coverage.
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7 220
🏦 Crypto.com releases proof-of-reserves study conducted by Mazars
Crypto.com released a proof-of-reserves study it says enables users to verify that their assets are fully backed.The process was conducted by Mazars Group, which compared assets held in an on-chain address proven to be controlled by Crypto.com with customer balances.7 220
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7 220
Financial literacy 101 👇
You need to spend less each month than you earned in the previous month.
Income - Expenses = Delta
Delta>0 - investment resource
Delta<0 - first make it > then start investing
Goal is to save 10-20% of monthly income.
🔹Lifehack: get your paycheck, save up the delta and forget about it.
Then, calculate your daily budget: take your last month's income (minus the delta) and divide it by 30 days. Here you have your daily budget.
If you can't control yourself, you can set a limit in your bank account. If unforeseen expenses come up, than don't take from the next days, use the financial cushion you already have.
Just like that!
❗️If you don't learn to do this with your income now, than when your income grows your losses will grow with it.
🔹Remember the 50/30/20 rule:
50% - for your needs
30% - for your wants
20% - for your financial goals: savings and paying debts
By spending less on things that aren't that important, you will have more for what's really important.
In this blog I will try to simplify as much as I can from my education in investing.
Follow for crypto advice and investing tips:
👉Gene, CEO of Earnpark
7 220
🥇 Binance announced that it will delist the following spot trading pairs on November 28, 2022:
ARK/BTC
BEAM/BTC
BTCST/BTC
BTCST/USDT
GTO/BTC
GTO/USDT
MITH/BTC
MITH/BNB
PERL/BTC
PNT/BTC
REP/BTC
SRM/BNB
SRM/BTC
SRM/USDT
TRIBE/USDT
XEM/BTC
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💰 Crypto dot com accidentally sent 280,000 ETH of their cold storage to Gate.
#CryptoCom acting so funny these days 😂
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FTX CEO Sam Bankman-Fried sold equity in the firm at a 50% discount to employees in the spring.
👉🏻 Could have waited and got an even bigger discount 👀😂
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👀 FTX is in deep trouble :
1. FTX's stablecoin reserve just reached a year-low. -93% in last two weeks!
2. FTX hourly withdrawals for ETH just hit an all-time high.
3. FTT token reserve across all exchanges reached an all-time high.
💰 Binance is selling half a billie worth of $FTT tokens due to claims "FTX was lobbying against other industry players in secret."
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🆘 Due to concerns regarding pNetwork's pGALA token, Binance suspended deposits and withdrawals for $GALA (BEP-20) on November 3, 19:49 pm UTC.
In addition, Binance will stop supporting the $GALA token on the BEP-20 (BSC) network, but will continue to support the token on the ERC-20 network
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🤯 Over $860 billion was wiped out from the US stock market today.
Fed's Powell kills pivot hope. Says 'very premature' to consider pausing rate hikes. Says we will write down in Dec an updated sense of where rates will need to go. Nasdaq 100 sharply lower.
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📣 MoneyGram app adds bitcoin, ether and litecoin crypto trading tools
MoneyGram, a publicly traded peer-to-pay payments company, has added crypto investment tools to its mobile app as fellow fintech firms bolster offerings in the sector. Available in the majority of U.S. states today, users are now able to buy, sell and hold bitcoin, ether and litecoin, the company said in a statement. The move follows previous forays into crypto by the company, which recently partnered with Stellar to enable payment settlements and local currency payouts using USDC.
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🟠 Binance CEO says he wants to help Elon Musk ‘bring Twitter into Web3’
Changpeng Zhao, commonly known as “CZ,” the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trade volume, has revealed that he is willing to help the new owner of Twitter (NASDAQ: TWTR) Elon Musk, bring the social media platform into Web3.
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⚪️HUSD stablecoin sharply loses peg even further, drops to just $0.30.
The HUSD stablecoin has dropped by 60% over the last few hours and is now worth just $0.30. This comes just days after the stablecoin was delisted from crypto exchange Huobi, which it was associated with.
The stablecoin was trading below the peg since Oct. 28 and sat at around $0.76 over the weekend. At 4 a.m. this morning, it sharply plummeted to a low of $0.28 before bouncing slightly.
👉🏻 This comes after the stablecoin was delisted on Huobi❗️
