Crypto Insider

2021-10-25 19:42:50 As we remember, on October 21, bitcoin rate on the crypto exchange Binance US momentarily fell to $8.2 ths.

After that, quotations recovered their previous values. As of October 24, 15:00 Moscow time, the first cryptocurrency is trading at $60.3 ths, it has fallen in price by 2% over the past 24 hours.

The day after the incident, the company explained that the reason for the instantaneous collapse of the cryptocurrency rate by 87% was an error in the trading algorithm of one of its users. The institutional trader discovered it in his trading terminal.

That's not the first time it has happened. For instance, in March last year, the BTC rate paired with the stablecoin USDS fell from $8,800 to $101 on the decentralized Binance DEX platform. The trader who managed to catch that decline made an 8700% profit in a single trade. Открыть/Комментировать

2021-10-24 18:48:31 A 3.1 million CoinMarketCap account base appeared on the darknet

3,117,548 email addresses were stolen as a result of the leak; passwords were not affected. CoinMarketCap representatives have not yet determined the exact cause of the hack.

Some users are alleging phishing emails. Открыть/Комментировать

2021-10-23 19:00:04 Warning! Lots of DISGRACE on the channel.

If someone you know is being SHAMED on camera, look for dirt here - t.me/disgrace_tg.

Find out how dumb people can be in the world.

The last two posts are particularly f*cked up: @disgrace_tg Открыть/Комментировать

2021-10-23 16:00:09 Walmart stores started selling bitcoins

The cryptocurrency is being sold as part of a pilot program through Coinstar terminals

Walmart didn't make an official announcement about selling the cryptocurrency in its stores after fake news about Litecoin support appeared in September. At the time, fake information was even published on the official Litecoin Foundation account, leading to increased volatility in the market. Открыть/Комментировать

2021-10-22 21:11:05 "Bitcoin’s record run to $67,000 is being driven by inflation and investors' desire to protect themselves from it"

- JPMorgan

Financial conglomerate analysts refuted the view that the reason for the BTC new historic high was the launch of the first U.S. Bitcoin ETF, as exchange-traded funds based on Chicago Mercantile Exchange Futures are unlikely to attract much money in the first cryptocurrency.

JPMorgan representatives believe that the main reason for the current growth of BTC is inflation and the desire of investors to protect themselves from it. Открыть/Комментировать

2021-10-22 20:13:53 Elon Musk is on Telegram Now!

Iron Man of the 21st century, colonizer of Mars, Tesla creator, PayPal founder, civilian flamethrower engineer, and sender of the first tourist to the moon.

The channel is devoted to the genius, billionaire, playboy and philanthropist: @Musk_tg Открыть/Комментировать

2021-10-21 19:21:41 Ethereum price exceeded $4,000.

The world’s largest digital currency by market capitalization rose by 7% on the background of a new Bitcoin maximum above $66,000.

In early August, the Ethereum network released new London update that completely changed the charging commissions mechanism for transactions. Some of them used to be rewarded to miners as commissions are now burned off.

Burning is the elimination of a part of tokens to reduce their number in circulation. This method is used to fight inflation and increase the value of cryptocurrency. Открыть/Комментировать

2021-10-20 21:00:28 Bitcoin — new historic high above $66,000.

Ethereum crossed $4,000. Открыть/Комментировать

2021-10-20 18:04:48 The Senate demanded that Mark Zuckerberg stop the launch of Facebook's cryptocurrency wallet

Yesterday Facebook in partnership with Coinbase announced the launch of cryptocurrency wallet Novi, and immediately received a letter from the U.S. Senate demanding a halt to work on the project:

"We urge you to immediately discontinue your Novi pilot and to commit that you will not bring Diem to market."

The senators noted that the Facebook's head of Financial Markets David Marcus had previously assured them that the company would not pursue the cryptocurrency initiative "without the proper regulatory framework." Открыть/Комментировать

2021-10-19 21:23:17 The third-largest Bitcoin whale could drop the BTC exchange rate -80% by dumping just 10% of his portfolio

One of the first cryptocurrency largest holders, owning 105,758 BTC at the moment, can significantly influence the BTC rate by selling a small part of his portfolio and buying on drawdowns.

Commonly, the whale sells on every upside and buys back where the TA advises against it.

Altogether in October, the whale sold 7000 BTC (sales minus buys), and in September bought about 2800 BTC.

There is an opinion that by dumping just 10% of his portfolio he can drop the BTC rate by 80%. Yet, as we understand, that’s not the only large holder who manipulates the market. Открыть/Комментировать