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Whited35

Crypto Fear and Greed Index (CFGI)

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1 hour ago, kyoukage01 said:

Despite the nearly consistent greed values in the chart (even today), the crypto market's bullish trend from your previous analysis seems to have slowed down today. BTC is still struggling to break the $60,000 resistance, and other major altcoins are now experiencing some sort of correction as well.

Guys are making mistakes in trading due to uncertainty in the cryptocurrency markets. Especially, beginners are showing their frustrations openly in the random thread on this forum. At least I expect them to check this sort of Index regularly. Bitcoin is looking stable around $59.6 K as the altcoin season is already started(IMHO). We might check the Bitcoin dominance now. Instead of Bitcoin, if the craze is started for altcoins, their prices can get exploded massively. 

On 4/1/2021 at 8:41 PM, Ghaziosman said:

Great post, it is a valuable instruction, I don't know about it,but it is a very secure and complete sharing information with uus,I need learn about it because without reading and learning not knowing any topic.

Majorly, my friend @kyoukage01 and I struggling to provide more information related to cryptocurrency markets in this thread but I expect so many guys to make the active conversations in this thread. Average members are just revolving around the first two sections to miss  this sort of core cryptocurrency market related threads. 

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On 4/4/2021 at 2:56 PM, Attaaar said:

This indicator is good, but we cannot rely on it because we must also look at the quantity of supply and demand for each currency in addition to technical analysis and study of the currency project for long-term investment

Daily index value is determined based on the supply and the demand ratio as you have said. This is beginner friendly index who have absolutely no ideas how the cryptocurrency markets work. Index is regularly updating and you can easily detect the nature of markets i.e. bullish or bearish. You can also check my monthly and yearly updates with the active conversations in this thread. 


 

 

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On 4/4/2021 at 1:20 PM, Whited35 said:

Bitcoin is looking stable around $59.6 K as the altcoin season is already started(IMHO). We might check the Bitcoin dominance now. Instead of Bitcoin, if the craze is started for altcoins, their prices can get exploded massively. 

Hopefully that is the case, as the altcoins have been hurting from the last few months due to the focus on BTC's bullrun. They can now catch up and get busy as well. I also do hope that TALK can benefit too from taking a ride in the altcoin bullrun train, but without a clear and working policy/usecase from Yobit and this forum, I'm not keeping my hopes up too high just yet. If the altcoin season is really around the corner, a serious update announcement on the TALK token today will definitely help to break its downward slump.

 

On 4/4/2021 at 1:20 PM, Whited35 said:

Average members are just revolving around the first two sections to miss  this sort of core cryptocurrency market related threads.

Spoiler

LOL! It almost feels like the average member only knows the topic "how to earn from this forum", "how to get ratings and followers", "how not to get banned", etc. all the while being stuck in the About Forum and especially the Beginners section 😁 . It's hard trying to be a nice guy and hold back from insulting the beginners like what @****runb** and @***zer have been doing 😁 .

 

Edited by kyoukage01

 

New to the Cryptotalk forum? Here's something that might help you get started:

https://cryptotalk.org/topic/24401-forum-tutorials-tips-and-tricks-for-newbies-compilation/

 

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3 hours ago, kyoukage01 said:

Hopefully that is the case, as the altcoins have been hurting from the last few months due to the focus on BTC's bullrun. They can now catch up and get busy as well. I also do hope that TALK can benefit too from taking a ride in the altcoin bullrun train, but without a clear and working policy/usecase from Yobit and this forum,

Top altcoins are already started to explode. Just notice an incredible price raise of BNB 😁! Some new altcoins like Stacks (STX) and DOT are more likely to break more resistances. Even Bitcoin is not taking the rests from making its own pace in the markets. It is really nice to harvest more profits by taking the advantages of the current markets' conditions. 

3 hours ago, kyoukage01 said:

LOL! It almost feels like the average member only knows the topic "how to earn from this forum", "how to get ratings and followers", "how not to get banned", etc. all the while being stuck in the About Forum and especially the Beginners section 😁 . It's hard trying to be a nice guy and hold back from insulting the beginners like what @****runb** and @***zer have been doing 😁 .

Oh nicely said 😁 ! At least, very few guys like you are here so that this thread is still alive. My so many crypt-related topics are already at the passive stage however they need the more discussions. 


 

 

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16 hours ago, Ivarr said:

This measure offers misleading details concerning the purchase process. I try this approach with the Binance site and a variety of bitcoin and other cryptocurrencies, and the outcome was that it differed from the others, not always, but enough to trigger issues with purchase and sale if we depend on it.

First of all, I caution you to stop using this index for the confidential purpose to make the trading decision. This Index can only assist you to provide the common market's sentiments persisted in the cryptocurrency markets. 

Nothing is misleading here if you have properly understood the crux of matter here.  


 

 

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Cryptocurrency Market Monthly Updates Based-on CGFI(April 2- May 1,2021):-

Here is another  update. Looking amazing as usual 😁! If you locate the CFGI value for April 2, 2021, it was 74 and cryptocurrency market for Bitcoin and the major altcoins were looking bullish. Till 21th of April, values of CFGI were looking average but later, it stared to drop from 73 and the lowest CFGI value was seen just 27(Bearish). Today, CFGI is  exhibiting 68(Quite favorable bullish markets for traders as the price of Bitcoin and other altcoins are looking to be growing). Check the following chart now. 

2012411618_Screenshot(71).png.945cfa031c3b27dbec4905222ee3c2ab.png


 

 

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On 5/1/2021 at 6:35 PM, Whited35 said:

cryptocurrency market for Bitcoin and the major altcoins were looking bullish.

Bitcoin surpassed the $60,000 mark only briefly during April before reverting back to $50k-ish. It has almost the same price range during March. If this month passes without another major incident, then Bitcoin will remain bearish at the current price range.

 

On the other hand, altcoins are looking good. I updated myself with the current top coins on the market, and "Wow!". Even Dogecoin has been showing less bark and more bite, being somehow able to place itself at the #4 spot 😁 .

Spoiler

image.thumb.png.6afc56820e75c7737ef260f93012b2dc.png

Except for Bitcoin and (obviously) Tether, the other coins on the picture have been showing some upward trends, further proof of an altcoin season ongoing.

 

As for the CFGI chart, the curve is beginning to shift more to the neutral line (no more "extreme greed"). Is this a sign that the crypto market is getting more stable and the previous fear of a bubble in the crypto market has subsided?

 

Edited by kyoukage01
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23 hours ago, kyoukage01 said:

Even Dogecoin has been showing more bite, being somehow able to place itself at the #4 spot 😁 .

I used to trade by using Dogecoin before but left it after noticing several pumps and dumps. Lol, there are some whales to play on it and price raises break everyone's expectation. Seriously, I had 20k plus Dogecoin but I sold it in FOMO for $0.10 each :( !

23 hours ago, kyoukage01 said:

As for the CFGI chart, the curve is beginning to shift more to the neutral line (no more "extreme greed"). Is this a sign that the crypto market is getting more stable and the previous fear of a bubble in the crypto market has subsided?

Currently, it is looking like a stability over volatility but really not stable like as the ordinary commonsense. Some altcoin like BCH and ETC are making a spectacular raise to break most of the barriers and its weird to see the current market 😁

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On 5/8/2021 at 11:49 AM, Whited35 said:

Lol, there are some whales to play on it and price raises break everyone's expectation.

ROTFL!! Even whales' manipulation on DOGE are no match for Elon Musk 🤣 . Look at what happened to DOGE price charts after his latest appearance at SNL.

https://www.cnet.com/news/dogecoin-suffers-huge-price-drop-during-elon-musks-snl-appearance/

 

DOGE defies the CFGI chart every time Musk publicly talks about it. Maybe someone should make a chart based on on his and other prominent celebrities' comments on crypto for the fun of it 😂 .

 

Edited by kyoukage01
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36 minutes ago, kyoukage01 said:

DOGE defies the CFGI chart every time Musk publicly talks about it. Maybe someone should make a chart based on on his and other prominent celebrities' comments on crypto for the fun of it 😂 .

Lol, his tweets are somehow looking as the bullish indicator 😂 I would like to invent the similar Index like CFGI for Dogecoin i.e. "Elon's Tweet Index" 🤣🤣! Once he make the new Tweets, according to the engaged audiences and the reactions, value for the index will be calculated to predict the market, hahahaha. 

And, hey ! True altcoin season is already started if you guys have not noticed it for ETH, BNB, XRP, BCH, and LTC 😎

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On 5/10/2021 at 12:48 PM, Whited35 said:

Lol, his tweets are somehow looking as the bullish indicator 😂

LOL!! What's just happened!?

Spoiler

image.png.169cef2b22115d38b4b972e471b3453a.png

Most crypto including Bitcoin took a fall just about after Tesla suspended Bitcoin payments over environmental issues. And they've fallen even further when rumors spread that Tesla dumped its Bitcoin holdings.

Spoiler

image.thumb.png.c72bcd360fb59371f9036c1662723517.png

This wouldn't be the first time "Fear" is recorded this year on the CFGI chart, but this may be the first time for this year that the indication of fear will be consistent for more than 1 week straight.

 

So much for Musk's tweets to be taken as a bullish indicator 😂 .

 

Edited by kyoukage01
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2 hours ago, kyoukage01 said:

LOL!! What's just happened!?

Elon Musk? He is highly criticized by the crypto community now as he applied the tricks to sell his at least 2 billion USD worth Bitcoins by accusing the carbon emission, lol 😂!

2 hours ago, kyoukage01 said:

Most crypto including Bitcoin took a fall just about after Tesla suspended Bitcoin payments over environmental issues. And they've fallen even further when rumors spread that Tesla dumped its Bitcoin holdings.

Elon Musk's logics is ridiculous 😂. Once again, he is proved as a smartest guy to apply the tricks in the cryptocurrency market for his so called conventional money 🤣🤣

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Cryptocurrency Market Monthly Updates - Based on CFGI (May 3 - June 1, 2021)

 

In between numerous events from prominent Bitcoin hodler company Tesla's announcement of refraining from accepting Bitcoin payments over environmental issues, to China's intensified crackdown on Bitcoin mining companies in a bid to reduce the country's carbon footprint, the cryptocurrency market has been in a state of fear since May 13 as a result.

 

image.thumb.png.498d4ed0d31331d8f6ee6dfac083b619.png

 

Bitcoin has tumbled down to around $36,000 today, an estimated loss by almost half of last month's ~$50,000 - $60,000 range. For Bitcoin buyers who missed out on last year's slump (2020) when the currency underwent a similar crash, this may be a perfect buying opportunity.

 

Other coins besides Bitcoin belonging to the top 10 have also dropped but have since been recovering, according to the charts at CoinMarketCap.

Spoiler

image.thumb.png.ed0fc52c220a877053e74e219d0623d0.png

 

(topic updated with permission from the OP)

 

Edited by kyoukage01
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I find it werid that we are still on extreme fear. Usually i am listening to myself too and my feelings. If i am fearing, there are others that are fearing too. But maybe newcomers doesn't see the situation like me. I've been along for few cycles and naturally i am disappointed because i lost so much, but i can't say i am fearing anymore.

 

I am currently seeing this as an opportunity.

 

Luckily i have some good bounties paying me so i can keep investing and not caring so much about the price.

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On 6/1/2021 at 8:41 AM, kyoukage01 said:

China's intensified crackdown on Bitcoin mining companies in a bid to reduce the country's carbon footprint, the cryptocurrency market has been in a state of fear since May 13 as a result.

Thanks for this nice monthly update based on the CFGI index. Hope so many members and visitors of this forum have got benefits off this.

Regarding the China's attempt to crackdown the cryptocurrency markets, I have considered it as the temporary FUD. Let's see the quick recovery ! Despite the several odd Tweets from Elon Musk, crypto community is looking to have favorable market now and IMHO, crypto community should also have immune system against Elon Musk's Tweet. 

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On 6/4/2021 at 4:48 AM, rekter said:

I find it werid that we are still on extreme fear.

An interesting thing to note is the duration of the fear market for this time period. After checking the CFGI website, I saw that the chart is still consistently showing fear (24 rating today) for more than 3 weeks now. Lots of negative things must be going on right now aside from what I've posted above.

 

14 hours ago, Whited35 said:

Despite the several odd Tweets from Elon Musk, crypto community is looking to have favorable market now and IMHO, crypto community should also have immune system against Elon Musk's Tweet. 

I also think that the fear period won't last for more than a month assuming that crypto users are already used to Musk's tweets. But if this isn't the case, then there would have been more sensitive newbie crypto users than expected. Probably the ones who got encouraged to invest in crypto during the previous bullish period (aka stimulus checks 😁 ).

 

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On 6/5/2021 at 10:43 PM, kyoukage01 said:

Probably the ones who got encouraged to invest in crypto during the previous bullish period (aka stimulus checks 😁 ).

Weird, most of the newcomers invested the amounts from stimulus check when Bitcoin price was at the peak and I guess they are in the deep trouble now 😂 Clever Elon Musk has used his trick to grab profits from Bitcoin and still creating the hype for Dogecoin(I still assume it meme coin no matter it is recently listed on Coinbase or not). 

Investors need to have an organic review on coins before investing. 

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On 6/7/2021 at 11:40 AM, Whited35 said:

Investors need to have an organic review on coins before investing. 

Well, that is partly one reason why this topic exist 😁 . Investors ought to read opinions from this forum and other sources before investing because they'll miss out on a lot of things if they don't. For one, it is common knowledge (?) among successful crypto investors to not invest too much on a coin when it is on a bullish trend because a market correction later on will ruin their investment. Just like what is happening these past weeks. If potential investors can read this by chance then act accordingly, they're lucky 🙂 .

 

On 6/7/2021 at 11:40 AM, Whited35 said:

Clever Elon Musk has used his trick to grab profits from Bitcoin and still creating the hype for Dogecoin

Don't be surprised if one of these days Tesla announced they actually bought more Bitcoins during this period when Bitcoin got cheaper, creating another bullish trend so they can sell off some and gain even more profits by doing so. Clever market manipulation spotted over there. 😂

 

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https://cryptotalk.org/topic/24401-forum-tutorials-tips-and-tricks-for-newbies-compilation/

 

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On 6/8/2021 at 10:38 AM, kyoukage01 said:

Just like what is happening these past weeks. If potential investors can read this by chance then act accordingly, they're lucky 🙂 .

Our contributions only work for Bitcoins and the top altcoins which are strictly following the pair strength with Bitcoin. You know, we have seen the problems, new  investors choose the new coins to invest which will create the problems at the end. There are so many players to trick by following the similar styles. 

On 6/8/2021 at 10:38 AM, kyoukage01 said:

Don't be surprised if one of these days Tesla announced they actually bought more Bitcoins during this period when Bitcoin got cheaper, creating another bullish trend so they can sell off some and gain even more profits by doing so. Clever market manipulation spotted over there. 😂

Lol, check this recent news 😂😂https://decrypt.co/73276/elon-musk-no-role-bitcoin-mining-council

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Cryptocurrency Market Monthly Updates Based-on CGFI(Jun 2- Jul 1,2021):-

Hello folk,

As @kyoukage01 mentioned the "Fear Fest" in his last month's report in this thread, the fear session in the crypto market is still going on. You can see the chart below, on Jun 2, CFGI was exhibiting the value 23 which is indicating the Extreme Fear. Chinese crypto  mining crackdown and other several geopolitical events were responsible to influence the cryptocurrency markets and hence the lowest CFGI value was 10 that was appeared on 22nd of the Jun. 

Screenshot.thumb.png.d48651b3adb801fb158338e08cd6e14e.png

The highest value of CFGI is appeared to be 38 on 15th of Jun and that time, crypto market was facing quite relief but later, Fear Fest keeps going till now. It's 1 st of July and CFGI value for today is 28 ie. Fear and BTC is struggling to be stable around $35K.

Edited by Whited35
Minor error in the texts
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Crypto analysts have in the past months been stressing that the cryptocurrency market needs a healthy correction when BTC blazed past the $60,000 mark. Now, they got what they wished for, although probably not the season-long(?) fear market we're experiencing right now 😁 .

 

I'm guessing that September will mark the end of the fear market season. That is the time when El Salvador will officially recognize Bitcoin as legal tender, with supporting rules and regulations and all. That would also be enough time from today for displaced crypto miners from China to set up their rigs elsewhere.

 

Edited by kyoukage01
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New to the Cryptotalk forum? Here's something that might help you get started:

https://cryptotalk.org/topic/24401-forum-tutorials-tips-and-tricks-for-newbies-compilation/

 

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On 7/2/2021 at 8:56 AM, kyoukage01 said:

Now, they got what they wished for, although probably not the season-long(?) fear market we're experiencing right now 😁 .

Institutional investors are loosing the interests and that's the beauty to give a tight slap against the attempts for centralized market control 🤣😁!

On 7/2/2021 at 8:56 AM, kyoukage01 said:

I'm guessing that September will mark the end of the fear market season. That is the time when El Salvador will officially recognize Bitcoin as legal tender, with supporting rules and regulations and all.

ETH is wearing the "Hybrid system" for the approach to ETH 2.0 in July and may not be raise alone but also may inspire BTC to grow and there would also be the good news from El Salvador regarding the adoption of BTC and growth in its price. 

Edited by Whited35

 

 

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Cryptocurrency Market Monthly Updates Based-on CGFI(Jul 4,2021- Aug 2,2021):-

Another month, another report here. So starting of July was also exhibiting the bearish trend as you can see CFGI value 27 on the 4rth of July 2021. So the lowest value of CFGI was 10 on 21th of July, and the highest values of CFGI were 60 on 31st July and 1st August. When the CFGI exhibited the value of 60, Bitcoin price was seen above the $42K mark as we expected a slightly bullish trend due to the popular influencer Elon Musk and the rumors based on Amazon for the possible crypto activities. You might also track ETH that is still struggling to correct its past months' bad records by surpassing the value of $2.6K. Hope the bullish trend will be back once again. 

Screenshot.thumb.png.646cea2af314f80642cc272d0e26cd52.png

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On 8/3/2021 at 12:23 AM, Whited35 said:

Hope the bullish trend will be back once again. 

I've been observing the CFGI chart these past few days, and I think the hope for a bullish trend for this moment has been dashed to the rocks by a fresh wave of negative news (like this one) that still keeps nervous traders and investors on their toes. Today's CFGI value is displayed at 52 and the chance is high that the neutral values will keep on going for a few more days or so. Whether it will rise or nose-dive again, I still don't know.

 

At least the crypto market has gotten out of the consistent fear rating for the time being.

 

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On 8/6/2021 at 9:21 AM, kyoukage01 said:

At least the crypto market has gotten out of the consistent fear rating for the time being.

And now, what do you say 😂? Magic? ETH is bounced back to cross $3K mark and BTC is kidding around $50K mark. Really interesting to see the current crypto market and I expect to see the extreme bullish market once again. From ETH, I expected more but despite the implementation of EIP-1559, it is not getting exploded to cross so many barriers 😁

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Employment and income levels are sufficiently high, increasing the likelihood of price rises.   In this context, there is no reason for the Fed to start a cycle of monetary easing in June, especially since inflation is still far from the 2.0% target. Market participants are now expecting the first rate cut by 25 basis points in September, with another similar cut by the end of the year. These forecasts were confirmed by John Williams, the head of the New York Federal Reserve, who noted that the latest inflation data were disappointing and that there was no urgent need to cut interest rates. Consequently, U.S. Treasury yields and the dollar are rising, while stock indices such as the S&P 500, Dow Jones, and Nasdaq are on the decline.   Attempts by EUR/USD bulls to initiate a rebound were halted on April 18 at the 1.0690 level after Francois Villeroy de Galhau, Vice-President of the ECB and head of the Bank of France, confirmed that the European regulator would likely cut rates in June if there were no significant surprises. Even hawkish figures like Robert Holzmann, head of Austria's central bank, agreed with these dovish forecasts.   The pair closed the five-day period at 1.0656. Fundamental indicators still favour the dollar, and although a correction northward for the pair cannot be ruled out, it is unlikely to be substantial or prolonged. For the immediate future, as of the evening of April 19, 80% of experts anticipate further strengthening of the dollar, with the remaining 20% expecting a bounce upwards. Among trend indicators on D1, 90% are red, and 10% are green. All oscillators are red, though 15% of them are in the oversold zone. The nearest support for the pair is found at 1.0600-1.0620, followed by 1.0560, 1.0495-1.0515, and 1.0450, down to 1.0375, 1.0255, 1.0130, and 1.0000. Resistance zones are at 1.0680-1.0695, 1.0725, 1.0795-1.0800, up to 1.0865, 1.0895-1.0925, 1.0965-1.0980, and 1.1015, reaching up to 1.1050 and 1.1100-1.1140.   The upcoming workweek can be termed a week of preliminary data. On Tuesday, April 23, preliminary business activity data (PMI) will be released for various sectors of the economy in Germany, the Eurozone, and the USA. On Thursday, April 25, preliminary U.S. GDP figures for Q1 2024 will be released. This will be followed by the usual data on initial unemployment claims and, on April 26, data on personal consumption expenditures in the country.   GBP/USD: CPI Disappoints BoE   Last week's macroeconomic statistics from the United Kingdom were less than favourable. Unemployment unexpectedly rose to 4.2% from a forecast of 4.0%. Claims for unemployment benefits surged from 4.1K to 10.9K, although this was notably below the market's expectation of 17.2K.   The bigger surprise came from the inflation indicators released on Wednesday, April 17. General inflation (CPI) decreased from 3.4% to 3.2% year-on-year, and core inflation dropped from 4.5% to 4.2%, against a market expectation of 4.1%. The monthly CPI remained steady at 0.6%. Unexpectedly high food prices and a sharp increase in housing costs at 3.8% month-on-month contributed to the inflation surprise. Volatile items such as books and video games also saw significant price rises; book prices experienced the largest monthly increase ever recorded at 4.9%, while video games prices increased by 2.3%.   "Overall, this is not what the Bank of England (BoE) would have wanted to see," analysts at TD Securities commented. BoE Governor Andrew Bailey quickly reassured the public, stating, "We are virtually at the same inflation level as in February and I expect the data next month to show a significant drop." He also mentioned that the oil price hike had not been as steep as expected, and the impact of the Middle East conflict was less than feared.   Indeed, the price rise in airline tickets, which are significantly influenced by fuel costs, was just 0.1% month-on-month. Given the early Easter this year, this increase seems quite mild. However, BoE Monetary Policy Committee member Megan Greene expressed concerns about how energy prices and other supply shocks might affect inflation expectations in the future.   Recall that a week earlier, Megan Greene, in her column in the Financial Times, stated that inflation risks in the United Kingdom remain much higher than in the USA, and that 'markets are mistaken in their predictions regarding rate cuts [for the pound].' 'Markets have come to believe that the Fed will not start lowering rates so soon. In my view,' she wrote at the time, 'rate cuts in the United Kingdom should also not be expected anytime soon.' Following such remarks, just as with the dollar, markets anticipate no more than two rate cuts from the Bank of England this year, each by 25 basis points.   Last week, GBP/USD opened at 1.2448 and closed at 1.2370, failing to breach the key 1.2500 level. Analysts are divided on the pair's future movement: 80% foresee a further decline, while 20% predict a rebound. All D1 trend indicators and oscillators point downwards, though a third are signalling oversold conditions. If the pair falls further, support lies at 1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of a rise, resistance will be encountered at 1.2425, 1.2515, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, and 1.2885-1.2900.   The upcoming week will see the release of preliminary business activity data (PMI) for the United Kingdom almost simultaneously with Germany and the Eurozone on Tuesday, April 23. No other significant economic data from the United Kingdom is expected this week.   USD/JPY: Higher and Higher...   Last week, USD/JPY once again reached a 34-year high, peaking at 154.78. This level was last seen in 1990. According to economists at the Singapore-based United Overseas Bank (UOB), the pricing dynamics continue to suggest further strengthening of the dollar. "The upside risks remain as long as the dollar stays above 153.75, our strong support level," they wrote. "Should the price break above 155.00, focus will shift to 155.50." Meanwhile, strategists from the Dutch Rabobank believe that reaching 155.00 could significantly increase the risk of currency interventions by the Japanese Ministry of Finance to protect the yen from further weakening. According to the results of a survey published by Reuters, nearly all respondents (91%) believe that Tokyo will intervene at some point to stop further weakening of the currency. Sixteen out of twenty-one economists expect interventions in the USD/JPY at the level of 155.00. The rest predict similar actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2).   Strengthening the national currency could involve tightening monetary policy by the Bank of Japan (BoJ), whose next meeting is scheduled for Friday, April 26. At its last meeting on March 19, the Japanese regulator made an unprecedented move by raising the rate from -0.1% to +0.1%, the first increase in 17 years. Asahi Noguchi, a BoJ board member, indicated that any future rate increases would likely occur at a much slower pace compared to recent tightenings by other global central banks. He noted that it would take a significant amount of time for a positive rate cycle to become firmly established, making it uncertain whether there will be another rate increase this year.   A Reuters poll showed that no economists expect a rate hike by the BoJ before the end of June. However, 21 out of 61 respondents believe that rates could be raised in the third quarter, and 17 out of 55 anticipate a fourth-quarter hike. Of a smaller sample of 36 economists, 19% think a July hike is possible, but October is the most likely time for an increase, with approximately 36% expecting it. In contrast, 31% believe the BoJ might take action in 2025 or later.   The pair closed the week at 154.63. Rabobank experts currently see the dollar being supported by demand for safe assets amid escalating Middle East tensions. A de-escalation between Israel and Iran could help temper the rise of the American currency. The median forecast surprisingly aligns with predictions for the two previously mentioned pairs: 80% of analysts expect further weakening (downward movement for this pair indicates a strengthening dollar), while 20% anticipate a rebound. All D1 trend indicators and oscillators point upwards, with 50% in the overbought zone. The nearest support level is around 154.30, with further support at 153.90, 153.50, 152.75, 151.55-151.75, 150.80-151.15, 149.70-150.00, 148.40, 147.30-147.60, and 146.50. Identifying resistance levels remains challenging after the pair's recent peaks, with the nearest resistance at 154.75-155.00, followed by 156.25. Additional benchmarks include the June 1990 monthly high around 155.80 and the April 1990 turnaround peak at 160.30.   Besides the aforementioned BoJ meeting, consumer inflation data for the Tokyo area will also be published on Friday, April 26. No other major events regarding the Japanese economy are expected next week.   CRYPTOCURRENCIES: Will China's BTC-ETF Ignite the Market?   This analysis is prepared just hours before the 'hour X': the scheduled halving on Saturday, April 20. We will detail the market's reaction to this significant event next week. Meanwhile, let's focus on the events leading up to it. In the days leading up to the halving, the leading cryptocurrency did not bring joy to investors. Starting on April 8, the price of bitcoin was on a downward trajectory. The weekly decline in BTC was the largest in the past eight months, and in dollar terms, it was the steepest since the FTX exchange collapse in November 2022. Following bitcoin, other major altcoins also plummeted, losing about a third of their value. The local minimum for BTC/USD was recorded on April 17 at around $59,640. At that moment, analyst and co-founder of venture company CMCC Crest, Willy Woo, warned that if the price of bitcoin fell below the short-term holders' support level at $58,900, the market might enter a bear phase. However, this did not occur, and the price returned to around $62,000.   Analysts at CryptoQuant believe that the recent crash was necessary to reset unrealized trader profits to zero—a typical signal of a bottom in bull markets. Willy Woo suggested that "current bearish sentiments are actually a bullish sign," and that the next level where major short liquidations would occur is between $71,000 and $75,000. Renowned trader RektCapital reassured investors, stating that a price drop before the halving is a normal trend. "There is no need to panic, as this drop has occurred in all cycles. Don’t think that it’s different this time," he emphasized.   There were, however, other theories about the recent price drop. According to one, the fall in bitcoin was helped by the escalation of conflict in the Middle East and an attack by Iran on Israel. CEO of Galaxy Digital, Mike Novogratz, speculated that bitcoin could reach a new all-time high if the conflict in that region subsided. In this context, he urged world leaders to take control of the situation to prevent a further decline in prices for all financial assets, including cryptocurrency.   In contrast, Michael Saylor, president of MicroStrategy, believes that geopolitical tension will actually benefit bitcoin, suggesting that "chaos is good for bitcoin." Logically, this makes sense: cryptocurrency was born in response to the economic crisis of 2008, making it an alternative means of capital preservation during upheavals. (Note that MicroStrategy, with 205,000 BTC on its balance sheet, is the largest public holder of bitcoin and naturally interested in its price increase.)   OpenAI's ChatGPT did not overlook the international situation either. This Artificial Intelligence believes that if the crisis between Israel and Iran intensifies, the price of the main cryptocurrency will only slightly decrease, and this will be a short-term reaction. More severe impacts would likely be on assets like stocks. Bitcoin, however, is expected to quickly recover its position. ChatGPT, like Michael Saylor, anticipates that an initial drop will be followed by a bullish rally as investors look for a safe haven, potentially driving "digital gold" to a new historical high of $75,000. If the escalation in the Middle East becomes protracted and leads to a series of smaller conflicts, ChatGPT predicts the volatility range for bitcoin could expand: with an initial fall to $55,000 followed by a surge to $80,000.   It is worth noting that the discussed drop in BTC/USD occurred against the backdrop of a noticeable strengthening of the American currency. This was not only due to the dollar's role as a safe-haven asset amid geopolitical tension but also because of a postponement in market expectations regarding the timing of the Fed's easing of monetary policy. After the inflation data published on April 10, market participants decided that the first rate cut would not happen in June but in September, causing the Dollar Index (DXY) to surge sharply. Naturally, the strengthening of one asset in a currency pair led to the weakening of the other: the principle of leverage is irrefutable.   Now, a few words about what awaits the main cryptocurrency after the halving. This year, 75% of the investment influx has been provided by the newly launched spot bitcoin ETFs in the U.S. Their combined balance now totals $12.5 billion, with the U.S. accounting for over 95% of the global inflow into exchange-traded crypto funds. The interest in ETFs has been so strong that BlackRock's fund became the fastest-growing in history.   According to CryptoQuant analysts, the reserves of bitcoin on exchanges will last only a few months at the current rates. Total available exchange reserves have decreased by more than 800,000 BTC and have reached their lowest level in the history of two-year observations. As of April 16, they stand at about 2 million BTC. Assuming a daily influx into spot BTC-ETFs of about $500 million, which at current prices equates to approximately 8,025 coins, it would take just nine months to completely deplete these reserves.   The results of calculations using the Stock-to-Flow (S2F) model, which demonstrates the relationship between an asset's usage and its reserves, show that after the halving, the bitcoin S2F coefficient will reach 112 points. This is nearly twice the S2F for gold (60 points), indicating that by January 2025, bitcoin will become a more scarce commodity than the most popular precious metal.   In such a scenario, another powerful new driver could emerge. Following the U.S., similar investment inflows into cryptocurrency could be provided by spot ETFs in China. According to insider information from Bloomberg, the SEC of Hong Kong could make a positive decision on launching such funds within the next few days. And perhaps the predictions by ARK Invest's CEO, Cathy Wood, and author Robert Kiyosaki, who expect the price of bitcoin to reach $2.3 million per coin by 2030, are not so far from the truth.   As of the evening of Friday, April 19, BTC/USD is trading around $64,150. The total market capitalization of the crypto market stands at $2.32 trillion, down from $2.44 trillion a week ago. The Crypto Fear & Greed Index has dropped from 79 to 66 points, moving from the Extreme Greed zone to the Greed zone.   Finally, a bit of intriguing information for collectors. As it has been revealed, miners have begun active preparations for the "hunt" for the first "epic" satoshi to be mined after the current halving. Whoever mines it might receive a substantial sum, as the estimated value of this "collectible" digital coin could be several tens of millions of dollars. About two years ago, Casey Rodarmor, creator of the Ordinals protocol on the blockchain of the first cryptocurrency, developed a system for classifying the rarity of individual sats. With the launch of "inscriptions," it became possible to number and sell fractions of bitcoin similar to non-fungible tokens (NFTs).   Rodarmor's scale varies from the first "unusual" satoshi in each block to the "mythical" – the very first in the history of the blockchain. One of the highest degrees of rarity is the "epic" sat, mined in the first block after each halving. It is possible that collectors might value such an asset even at $50 million. (Remember that a satoshi is one hundred millionth of a bitcoin (0.00000001), and at the current BTC price, the price of a regular, non-collectible sat is just $0.00064). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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    • Наступило еще одно сокращение награды биткойнов вдвое, четвертое на данный момент, и оно не было похоже ни на одно другое до него, причем институциональные инвестиции впервые сыграли ключевую роль. Уполовинивание биткойнов исторически было связано с одним существенным сходством — последующим скачком цены BTC , который часто происходит через некоторое время после халвинга. Хотя сообществу еще предстоит выяснить, пойдет ли четвертое халвинг по тому же пути, кое-что уже изменилось в халвинге Биткойна в 2024 году. База пользователей криптовалют выросла как минимум на 400% с момента сокращения вдвое в 2020 году Хотя скорость генерации новых биткойнов снизилась со времени первого халвинга, спрос не остался на месте. По данным различных источников , с момента предыдущего сокращения биткойнов вдвое, которое произошло в мае 2020 года , глобальная база пользователей криптовалюты увеличилась как минимум на 400 миллионов пользователей. По оценкам Кембриджского центра альтернативных финансов (CCAF), в 2020 году число владельцев криптовалют во всем мире составило около 100 миллионов пользователей . По оценкам криптобиржи Crypto.com, к концу 2023 года число пользователей криптовалюты в мире выросло до 580 миллионов человек . Глобальные пользователи криптовалюты с января 2023 г. по декабрь 2023 г. Источник. Крипто.com Несмотря на то, что Биткойн является крупнейшей в мире криптовалютой по рыночной капитализации и самой старой, у него, очевидно, меньше пользователей, чем у всей криптоэкосистемы. По данным Technopedia, по состоянию на 2024 год около 2,7% мирового населения будут владеть биткойнами, что составляет около 219 миллионов  человек. Если верить данным, то, согласно расчетам Crypto.com, эта цифра выросла примерно на 208% по сравнению с 71 миллионом пользователей Биткойна четыре года назад. В случае с Биткойном или большинством других криптовалют оценка большинства пользователей не может быть на 100% точной, поскольку анализ транзакций в блокчейне часто неспособен отличить долгосрочных держателей от потерянных BTC, а также других факторов. Ралли биткойнов перед сокращением вдвое в 2024 году еще не наблюдалось Одно из самых больших различий между четвертым сокращением биткойна и тремя предыдущими  заключается в том, что перед сокращением в 2024 году цена продемонстрировала необычайный рост. В предыдущих циклах цена Биткойна регистрировала снижения перед халвингом, а новые исторические максимумы были достигнуты примерно через год после даты сокращения награды ха блок. Например, биткойн не поднялся выше ранее установленного ATH в 20 000 долларов до халвинга в 2020 году. В этом цикле цена Биткойна превысила ATH только через 10 месяцев после сокращения вдвое. На этот раз картина совсем иная. В текущем цикле Биткойн достиг рекордного максимума прямо перед событием халвинга, установив рекорд в 73 600 долларов 13 марта 2024 года. Такого прорыва никогда раньше не наблюдалось, и с этим согласны многие аналитики, в том числе криптоаналитик eToro Саймон Питерс. На этот раз майнеры «лучше подготовлены» к халвингу Невиданное ранее повышение цен на биткойны перед сокращением вдвое потенциально оказало положительное влияние на майеинговую отрасль, поскольку майнеры получили больший контроль над затратами на добычу биткойна. «По сравнению с предыдущим сокращением вдвое, похоже, что майнеры в целом находятся в лучшей форме с точки зрения более низкого уровня долга и потенциально лучшего контроля над своими расходами, такими как электричество», — сказал директор по исследованиям Fidelity Digital Assets Крис Койпер, добавив: «Что также помогает майнерам в этом цикле, так это повышение цен перед  сокращением вдвое — то, чего также не наблюдалось в предыдущих циклах». С момента третьего сокращения вдвое в мае 2020 года потребление энергии при майнинге биткойнов значительно возросло, увеличившись примерно с 50 тераватт-часов (Twh) до 99 Twh 18 апреля 2024 года. Энергопотребление биткойнов. Источник: Дигикономист В то же время объем потребления энергии в сети Биткойн, основанной на возобновляемых источниках энергии, также увеличился: по данным Bitcoin ESG Forecast, на долю возобновляемых источников энергии приходилось 54,5% потребления майнинга BTC по состоянию на январь 2024 года. По данным CCAF, по состоянию на сентябрь 2020 года этот показатель составлял 39%. Первое сокращение биткойнов вдвое с помощью спотовых BTC ETF в США Одна из самых простых особенностей сокращения биткойнов в два раза в 2024  году заключается в том, что это сокращение вдвое станет первым в истории, когда биржевые фонды BTC (ETF) включены в Соединенные Штаты. После многих лет усилий спотовые биткойн-ETF дебютировали в январе 2024 года, открыв доступ к биткойнам для институциональных инвесторов.   По словам аналитика Bloomberg ETF Эрика Балчунаса, спотовые биткойн-ETF добились «ошеломляющего успеха», что, очевидно, отражает всплеск спроса на биткойн.
    • 20.04.2024 Тарифы Kingex 👑   Покупка криптовалюты / Buying cryptocurrency:   BTC/ETH  +1.7% (Мы доплачиваем) USDT  +1.7% (Мы доплачиваем)   ^^SALE^^ от 50k    + 1.9%    Продажа криптовалюты / Selling cryptocurrency:   BTC/ETH  - по запросу USDT   - по запросу   Оператор: @Kingex Сайт: Kingex.io Курс на протяжении дня может меняться! ------------------------ Будьте ОСТОРОЖНЫ, появились фейки! Наш телеграм: @Kingex
    • точно не зна, насчет 1го, но во втором стандартные долбанутые а ля erc20 комиссии   кстати, с наступившим !   можно халвы купить в 5ерочке отпраздновать   и тончик снова припал
    • Представители Федерального бюро расследований предупреждают общественность о распространении программы-вымогателя Akira. Согласно заявлению ФБР , программа-вымогатель Akira Bitcoin ( BTC ) нанесла многомиллионные убытки различным компаниям и организациям в Северной Америке, Европе и Австралии. Вредоносное ПО получает доступ к инфраструктуре предприятия через VPN, получая доступ к программному обеспечению без многофакторной аутентификации. Затем Акира крадет конфиденциальные данные и важную информацию, блокируя доступ к системе. Далее на экране отображается сообщение с требованием выкупа. Хакеры используют биткойн в качестве способа оплаты.   В результате распространения программы-вымогателя неизвестные мошенники завладели более чем $42 млн, затронув более 250 компаний. Первоначально хакеры атаковали компьютерные системы на базе Windows, но позже следователи выявили и Linux-версию Akira. ФБР совместно с Агентством кибербезопасности и безопасности инфраструктуры (CISA), Европейским центром по киберпреступности Европола (EC3) и Национальным центром кибербезопасности Нидерландов (NCSC-NL) выпустило специальное предупреждение. Ранее ФБР опубликовало отчет о мошенничестве с инвестициями в криптовалюту. По данным агентства, в 2023 году этот показатель увеличился на 53% до $3,94 млрд. Как пояснили в ФБР, большая часть афер была связана с обещанием высоких прибылей от инвестиций в цифровые активы и составляет 86% всех потерь от инвестиционного мошенничества. В Соединенных Штатах.
    • Как и другие L2-решения, конкуренты (солана) и сам эфир. У меня возникла мысль, не перелезть ли с матика в оптимизм, арбитрум или еще что. Как раз пока дно. Но че-то лень. А другие более значительные перед халвингом были? Уж какие случились. Я пересказы видел и не потянуло слушать целиком.
    • Здравствуйте, уважаемые пользователи!   Хотим Вас уведомить, что на сайт добавили следующие направления обмена: Solana SOL > USDT TRC20 USDT TRC20 > Solana SOL
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