Share this page!

COIN360 Profile picture
Twitter logo
Sep 23 • 17 tweets • 17 min read
Some cryptocurrencies gave up their gains yesterday as $BTC slid below $19,000, and $DXY took a rally to 112, which is considered negative for #bitcoin price.

In #Coin360 Daily Digest: Image
1/ In the pic:
@CFTC @harmonyprotocol @dbsbank @Coinsquare @CoinSmart @Chain @Patriots @BlockdaemonHQ @3commas_io @hadeaninc @TheMonkeyLeague @acmilan @ValourGlobal @cronos_chain @XinFin_Official @feiprotocol @bitfinex @terra_money @ton_blockchain
2/ $BTC failed to break $19,500 today.

It is trading under $18,800 at the time of writing, posting a 1.4% drop in the past 24h. Traders are waiting for Powell's comments at the "Fed Listens" event.

Macro, #BTC & #ETH technical analysis: coin360.com/news/btc-afloa… Image
3/ Meanwhile, $ETH posted a 0.6% increase in the past 24h. From $1,260, it climbed over $1,300 at one point then came back to $1,280.

Top gainers: $CRO $XDC $FEI
Top losers: $LEO $LUNC $TON

More details in our heatmap: coin360.com Image
4/ @CFTC created strong criticism after the regulator fined bZeroX and its founders $250,000 for various violations, and settled the same charges against @OokiTrade DAO.

thedefiant.io/cftc-sues-dao
5/ In the new proposal, @harmonyprotocol shared the goal of “preserving the foundation of the #Harmony blockchain with 0% minting,” and proposed to use the foundation treasury for recovery funds.

en.ethereumworldnews.com/harmony-recove…
6/ Singapore banking giant @dbsbank has rolled out #crypto trading for its wealth clients who are accredited investors.

forkast.news/headlines/dbs-…
7/ @Coinsquare, one of Canada's largest digital asset trading platforms, acquired @CoinSmart for an undisclosed amount.

cointelegraph.com/news/coinsquar…
8/ @Chain signed a four-year deal to be an official blockchain and #web3 sponsor for the @Patriots #football team.

decrypt.co/110344/nft-web…
9/ Crypto-focused finance company Delio has partnered with @BlockdaemonHQ to launch retail-focused staking services.

The firm didn’t specify which crypto assets will be included in the new staking services.

thedefiant.io/ethereum-staki…
10/ @3commas_io, an automated trading bot platform for crypto, raised $37M in a Series B funding round.

@AlamedaResearch, @jump_, @TargetGlobalVC, and @tokarev_d co-led the round. A subsidiary called DeCommas will be born using the funds.

coindesk.com/business/2022/…
11/ #Metaverse infrastructure developer @hadeaninc secured $30M in its Series A funding round led by @MoltenVentures.

Other investors included @EpicNewsroom, 2050 Capital, @alumniventures, Aster Capital, Entrepreneur First and InQTel.

venturebeat.com/games/hadean-r…
12/ @acmilan is partnering with @TheMonkeyLeague on a new collection of #NFTs.

The collaboration will let fans mint Rossoneri-branded wearables and give them access to game tournaments.

coindesk.com/business/2022/…
13/ @ValourGlobal announced the launch of its new Carbon Neutral #Bitcoin ETP on Börse Frankfurt, which begins on Sept 23.

cointelegraph.com/news/european-…
14/ Other news:

World Economic Forum launches coalition to use web3, #blockchain for positive climate action: forkast.news/world-economic…

IRS targets crypto tax evaders with M.Y. Safra Bank summons over SFOX data: decrypt.co/110370/irs-tar…
15/ UK introduces law to seize, freeze and recover crypto: coindesk.com/policy/2022/09…

@sudoswap surpasses $50M in volume months after launch: theblock.co/post/172448/ro…

Russia more bullish on $BTC than ever as it legalizes crypto for international payments: zycrypto.com/russia-more-bu…
16/ Liking our daily digests? Like, retweet and join us on Twitter & Telegram!

We also provide you with a collection of insights from thought leaders in the Telegram channel every day 😉

Telegram chat: t.me/COIN360com
Telegram announcement: t.me/COIN360Channel

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with COIN360

COIN360 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @COIN360com

COIN360 Profile picture
Sep 26
$MIOTA has been one of the best performers in the @COIN360com top 100 list with a 9.2%% daily gain and 21% weekly gain.

What powered such a price surge in a bleeding market? #IOTA 2.0 with @shimmernet, #Stardust, and more @iota developments.

A 🧵 👇

0/ Image
1/ What is @iota?

A distributed ledger built for the "Internet of Everything" for exchanging value and data between humans and machines.

It uses Tangle, a structure where newer txs verify the older ones, for parallel validation of txs without requiring total ordering.
2/ It offers a network that is:

- Secure: the whole system is distributed across many network participants -> no single point of failure or attack

- Feeless: no txs fees charged, but $MIOTA holders can secure prioritized txs if the network reaches capacity limits
Read 25 tweets
COIN360 Profile picture
Jun 17
After a short rebound, the crypto market came back down on fears of a potential implosion as 3AC was facing serious insolvency risks. In #Coin360 Daily Digest👇

@Immutable @DecentralGames @decentraland @sknupsgg @dolcegabbana @LidoFinance @FTX_Official @BitvoCrypto @PolyNetwork2
1/ $BTC was wandering around the $20k support level with the RSI falling to the deeply oversold stages.

This suggested a short-term relief rally, but if #BTC breaks support, a new round of liquidations will occur. Traders should beware of the sell-off as:
2/ $ETH faced a similar situation as it was entering the oversold level, but traders were afraid of a drop to $1k which could push the price lower.

Follow the market with our heatmap: coin360.com
Read 16 tweets
COIN360 Profile picture
Jun 17
Despite the clarification made, @Tether_to didn't seem to be able to retain its users as the No.1 #stablecoin market cap has fallen under $70B, reaching its lowest point since October 2021.

$USDT $USDC $BUSD $DAI $FRAX $TUSD
Data from @santimentfeed also suggested that big investors were staying away from $USDT since the addresses with $100k to $10M in $USDT had plunged by -50.5% of their coins, showing signs of holding less percentage of supply.

Meanwhile, @MakerDAO appeared to try to protect their slight recovery in $DAI by temporarily disabling the DAI Direct Deposit Module (D3M) for @AaveAave, which is believed to help them avoid the risk of not being able to retrieve all the $DAI that @CelsiusNetwork borrowed.
Read 7 tweets
COIN360 Profile picture
Jun 16
We had been seeing green for most of the day as more assets recorded a relief rally. In #Coin360 Daily Digest 👇

@TrueGlobalVCs @circlepay @animocabrands @TinyTapit @HuobiGlobal @HuobiTH @InverseFinance @ankr @optimismPBC @AcalaNetwork @pendulum_chain @amplitude_chain Image
1/ $BTC failed to cross $23k overnight and went back to its $21k level. As the rate hike seemed to be priced into the market, the market leader didn't make big moves.

@intotheblock data suggested a potential bottom as it spotted the largest #BTC inflow since Feb.
2/ $ETH spiked by 4%+ today, but traders warned of a possible bull trap amid @CelsiusNetwork and 3AC's risks.

$TRX was among the top gainers as @trondaoreserve announced to withdraw 3B #TRX to protect $USDD peg. Other winners were $EGLD $THETA $HNT $SOL with double-digit gains. Image
Read 16 tweets
COIN360 Profile picture
Jun 16
The second financial quarter of 2022 witnessed the first-ever drop in #stablecoin supply from the beginning of cryptoverse, according to @coinmetrics Head of R&D @LucasNuzzi.

This was caused by multiple factors, as...
Data from @cryptoquant_com pointed out that the total supply of stablecoin had a freefall on May 14, which might have been a result of whales' effort to exit the market following $USDT's depegging.

According to on-chain analytics platforms, 7B $USDT were wiped out.
$DAI was hit hard by the collapse of @terra_money $UST and recorded a massive liquidation, marking its supply down by 34% from 9.2B at the beginning of Q2 to approximately 6B today.
Read 7 tweets
COIN360 Profile picture
Jun 15
We have entered very rough waters as $BTC got lower than $20,700. Today in #Coin360 Daily Digest 👇

@Tether_to @CelsiusNetwork @trondaoreserve @trondao @usddio @nftport_xyz @TAGHeuer @filecoingreen @FilFoundation @nansen_ai @chainlink @MoonbeamNetwork @ElrondNetwork Image
1/ $BTC marked an 8%+ drop in the past 24h and dropped to below $20,700 at the time of writing. With the price action, many analysts doubted #BTC's ability to sustain the low $20,000 zone for long.

$BTC number of addresses in loss (7d MA) reached an ATH: Image
2/ $ETH was bleeding to under $1.1k following $BTC's plunge. The percentage of @ethereum addresses in profit has dropped to the lowest level since April 2020, as per @intotheblock:
Read 17 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Send Email!

Email the whole thread instead of just a link!

Separate emails with commas

:(