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@GutsulCrypto
Crypto is not a lottery. Crypto is an industry. Our philosophy is facts. There are no magic pills here. We speak without infogypsy, clickbait and ponts.
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Crypto Strategy: How to Keep a Cool Head and Avoid Mistakes
Summer, a wonderful time when you can take deliberate steps in crypto without rushing. Plant the seed and wait for the harvest. If you follow this strategy, the results will be noticeable soon.
What you definitely shouldn't do now is rush, make emotional decisions, constantly change your game plan, and swing from one extreme to another.
This is a stage when people in the market are being shaken up, with FUD (Fear, Uncertainty, and Doubt) fueling the fire and all hopes being ground to dust. The
What you definitely shouldn't do now is rush, make emotional decisions, constantly change your game plan, and swing from one extreme to another.
This is a stage when people in the market are being shaken up, with FUD (Fear, Uncertainty, and Doubt) fueling the fire and all hopes being ground to dust. The
It is likely that in July we will see the launch of spot ETH ETF trading. Yesterday, Gary Gensler said that the launch process is going well.
The Ethereum Foundation is currently not actively selling ETH. Although they usually start doing this close to market highs, this indicates that the best is yet to come.
The launch of ETH ETF trading could be a news driver in the market, so we should stay alert.
The Ethereum Foundation is currently not actively selling ETH. Although they usually start doing this close to market highs, this indicates that the best is yet to come.
The launch of ETH ETF trading could be a news driver in the market, so we should stay alert.
❗️ Bloomberg: Cryptocurrency winter has come earlier as unlocks accelerate the exit of some investors
🗞 Bloomberg believes the cryptocurrency market is experiencing an early "altcoin winter" as some initial investors and founders are selling their digital tokens now that some of them have become "unlocked."
🔍 This year, many project tokens are becoming "unlocked," which essentially means that venture capitalists and founders can now sell the digital assets they received years ago in exchange for investments. According to TokenUnlocks data, as many as 120 out of 138 tokens have had unlocks this year, with the total market valued at approximately $58 billion.
🪙 According to research company CCData, out of about 90 leading assets, only 12 have shown positive returns since March 14, when $BTC reached its all-time high.
😁 In crypto, it often "cools down" in the summer, so nothing new. We are waiting for the "crypto spring" in altcoins.
#Bloomberg #Altcoin #Unlocks #Crypto
🗞 Bloomberg believes the cryptocurrency market is experiencing an early "altcoin winter" as some initial investors and founders are selling their digital tokens now that some of them have become "unlocked."
🔍 This year, many project tokens are becoming "unlocked," which essentially means that venture capitalists and founders can now sell the digital assets they received years ago in exchange for investments. According to TokenUnlocks data, as many as 120 out of 138 tokens have had unlocks this year, with the total market valued at approximately $58 billion.
🪙 According to research company CCData, out of about 90 leading assets, only 12 have shown positive returns since March 14, when $BTC reached its all-time high.
😁 In crypto, it often "cools down" in the summer, so nothing new. We are waiting for the "crypto spring" in altcoins.
#Bloomberg #Altcoin #Unlocks #Crypto
Whale Buys $936 Million in Bitcoin
Looks like during yesterday's market drop, a whale bought 15,793 👻 BTC ($936 million) and withdrew them from the Gemini exchange.
The average purchase price was $59,263 per BTC.
😄 Notably, the user paid a fee of $3.71 for transferring $936 million.
Looks like during yesterday's market drop, a whale bought 15,793 👻 BTC ($936 million) and withdrew them from the Gemini exchange.
The average purchase price was $59,263 per BTC.
😄 Notably, the user paid a fee of $3.71 for transferring $936 million.
🤓 Solana introduced a new tool for making transactions via links
Solana has unveiled a new tool called Actions, which can turn any website or app into a gateway for cryptocurrency transactions.
The developers also announced blinks (blockchain links), where a URL becomes the starting point for a crypto transaction on the Solana blockchain.
With these tools, users will be able to initiate transactions directly from a link posted on social media or websites.
Solana has unveiled a new tool called Actions, which can turn any website or app into a gateway for cryptocurrency transactions.
The developers also announced blinks (blockchain links), where a URL becomes the starting point for a crypto transaction on the Solana blockchain.
With these tools, users will be able to initiate transactions directly from a link posted on social media or websites.
🥈 SEC Chairman Gary Gensler stated that the approval process for spot Ethereum ETF applications is going smoothly.
Also today, VanEck filed a Form 8-A with the SEC for a spot ETH-ETF. VanEck filed the same application for a BTC-ETF exactly one week before trading began.
Is the launch of the Ethereum ETF near?
Also today, VanEck filed a Form 8-A with the SEC for a spot ETH-ETF. VanEck filed the same application for a BTC-ETF exactly one week before trading began.
Is the launch of the Ethereum ETF near?
Another confirmation that everything is going in cycles⬇️
NVDA shares make a quick upward move immediately after Bitcoin's halving, while Bitcoin itself remains sideways. Then NVDA goes sideways, where stock redistribution takes place - "they are bought in anticipation of the release of new mining machines." Then, about 200 days after the halving, Bitcoin surges upwards, creating real euphoria. During this time, NVDA shows good profits from the sale of new devices and makes a climactic upward move. Then, a transition to a bear cycle.
If you look at the chart of Bitcoin and NVDA - May 11, 2020, you can see the logic of what I described.
Then open the chart from April 20, 2024, and compare. Everything is still going exactly as before.
Here, the logic is also preserved: ~500 days before the halving is the bottom of NVDA stocks, ~500 days after is the high of NVDA stocks.
There are also reports circulating that the CEO of NVDA and 8 top managers have started selling their shares. This is also a normal market process. There is quite a high demand for buying shares, which has been created precisely by the release of new mining machines. Investors are expecting good NVDA reports on the sales of these capacities in the fall, so when there are buyers for their positions, why not sell? Large volumes of positions take a long time to be realized. There is nothing extraordinary about this.
NVDA shares make a quick upward move immediately after Bitcoin's halving, while Bitcoin itself remains sideways. Then NVDA goes sideways, where stock redistribution takes place - "they are bought in anticipation of the release of new mining machines." Then, about 200 days after the halving, Bitcoin surges upwards, creating real euphoria. During this time, NVDA shows good profits from the sale of new devices and makes a climactic upward move. Then, a transition to a bear cycle.
If you look at the chart of Bitcoin and NVDA - May 11, 2020, you can see the logic of what I described.
Then open the chart from April 20, 2024, and compare. Everything is still going exactly as before.
Here, the logic is also preserved: ~500 days before the halving is the bottom of NVDA stocks, ~500 days after is the high of NVDA stocks.
There are also reports circulating that the CEO of NVDA and 8 top managers have started selling their shares. This is also a normal market process. There is quite a high demand for buying shares, which has been created precisely by the release of new mining machines. Investors are expecting good NVDA reports on the sales of these capacities in the fall, so when there are buyers for their positions, why not sell? Large volumes of positions take a long time to be realized. There is nothing extraordinary about this.
Latest Crypto Analysis by Arthur Hayes
The former CEO of the crypto exchange BitMEX has published an essay titled "Shikata Ga Nai." Here are the main points:
1️⃣ Japanese banks have found themselves in a difficult financial situation due to their investments in U.S. bonds.
2️⃣ Changes in monetary policy have led to significant losses due to interest rate differentials.
3️⃣ To avoid the harm from selling bonds on the open market, the Bank of Japan will implement a repo mechanism with the Federal Reserve.
4️⃣ Due to these factors, dollar liquidity will increase, which could potentially drive growth in the cryptocurrency market.
🧠 All brilliant things are simple!
The former CEO of the crypto exchange BitMEX has published an essay titled "Shikata Ga Nai." Here are the main points:
1️⃣ Japanese banks have found themselves in a difficult financial situation due to their investments in U.S. bonds.
2️⃣ Changes in monetary policy have led to significant losses due to interest rate differentials.
3️⃣ To avoid the harm from selling bonds on the open market, the Bank of Japan will implement a repo mechanism with the Federal Reserve.
4️⃣ Due to these factors, dollar liquidity will increase, which could potentially drive growth in the cryptocurrency market.
🧠 All brilliant things are simple!
Binance Adds Support for USDT on the TON Network
The cryptocurrency exchange Binance has listed the stablecoin USDT on The Open Network (TON). Users can now deposit and withdraw the coin.
The blockchain’s native token, Toncoin, is still unavailable for spot market trading, although futures based on it have been available on the exchange since March.
👏 I would like to note that the price of TON did not react to the news — according to CoinGecko, it is currently $7.13.
The cryptocurrency exchange Binance has listed the stablecoin USDT on The Open Network (TON). Users can now deposit and withdraw the coin.
The blockchain’s native token, Toncoin, is still unavailable for spot market trading, although futures based on it have been available on the exchange since March.
👏 I would like to note that the price of TON did not react to the news — according to CoinGecko, it is currently $7.13.
💰TON listing on Binance soon?
Cryptocurrency exchange Binance today added support for 💵Tether (USDT) on the TON network, ensuring that users can utilize USDT deposits and withdrawals on TON.
The token is likely to be listed on Binance soon, for now the token is only traded on futures.
#TON #Binance #USDT
Cryptocurrency exchange Binance today added support for 💵Tether (USDT) on the TON network, ensuring that users can utilize USDT deposits and withdrawals on TON.
The token is likely to be listed on Binance soon, for now the token is only traded on futures.
#TON #Binance #USDT
Another indicator that suggests the best is yet to come is the amount of money funds are investing in new crypto projects.
In the first rectangle on the left, I highlighted the fundraising dynamics at the same point in the market cycle as where we are now. The indicators are not very high, and that makes sense - let me explain why.
Funds invested the most during the active phase of the bull run, after the halving - specifically during the capital inflow into altcoins. This happens because the deal cycle in such a market phase is very short. That is, the time from a fund's investment to the project's listing on an exchange is the shortest. Practically all projects strive to enter the market during the "altseason" capital inflow phase, as this is the most favorable time for listing.
No point in flooding the market with funds when there's no one to cash out against 🤣🫶
In the first rectangle on the left, I highlighted the fundraising dynamics at the same point in the market cycle as where we are now. The indicators are not very high, and that makes sense - let me explain why.
Funds invested the most during the active phase of the bull run, after the halving - specifically during the capital inflow into altcoins. This happens because the deal cycle in such a market phase is very short. That is, the time from a fund's investment to the project's listing on an exchange is the shortest. Practically all projects strive to enter the market during the "altseason" capital inflow phase, as this is the most favorable time for listing.
No point in flooding the market with funds when there's no one to cash out against 🤣🫶
The CEO of X10 emphasizes that centralized crypto exchanges remain crucial for the widespread adoption of cryptocurrencies, despite the collapse of FTX. This perspective is based on several key points:
1. User-Friendly Experience: Centralized exchanges (CEXs) typically offer a more user-friendly experience compared to decentralized exchanges (DEXs). They provide intuitive interfaces, customer support, and easier navigation, which are essential for attracting and retaining new users who may not be tech-savvy.
2. Liquidity: CEXs usually have higher liquidity than DEXs, facilitating smoother and faster transactions. This is crucial for both retail and institutional investors who need to execute large trades without significant price slippage.
3. Security Perception: While the collapse of FTX has shaken confidence, many users still perceive CEXs as safer because they often have regulatory oversight, insurance policies, and robust security measures in place.
4. Regulatory Compliance: Centralized exchanges are more likely to comply with local and international regulations. This compliance helps in building trust with users and financial institutions, thereby promoting broader adoption.
5. Fiat Integration: CEXs provide easier integration with traditional financial systems, allowing users to deposit and withdraw fiat currencies. This bridge between fiat and crypto is essential for mass adoption.
The collapse of FTX serves as a reminder of the risks inherent in the industry, highlighting the need for better regulatory frameworks and operational transparency to restore and maintain trust in centralized exchanges. Despite such setbacks, their role in the ecosystem remains vital for the foreseeable future.
1. User-Friendly Experience: Centralized exchanges (CEXs) typically offer a more user-friendly experience compared to decentralized exchanges (DEXs). They provide intuitive interfaces, customer support, and easier navigation, which are essential for attracting and retaining new users who may not be tech-savvy.
2. Liquidity: CEXs usually have higher liquidity than DEXs, facilitating smoother and faster transactions. This is crucial for both retail and institutional investors who need to execute large trades without significant price slippage.
3. Security Perception: While the collapse of FTX has shaken confidence, many users still perceive CEXs as safer because they often have regulatory oversight, insurance policies, and robust security measures in place.
4. Regulatory Compliance: Centralized exchanges are more likely to comply with local and international regulations. This compliance helps in building trust with users and financial institutions, thereby promoting broader adoption.
5. Fiat Integration: CEXs provide easier integration with traditional financial systems, allowing users to deposit and withdraw fiat currencies. This bridge between fiat and crypto is essential for mass adoption.
The collapse of FTX serves as a reminder of the risks inherent in the industry, highlighting the need for better regulatory frameworks and operational transparency to restore and maintain trust in centralized exchanges. Despite such setbacks, their role in the ecosystem remains vital for the foreseeable future.
💰Tron’s USDT Triumphs: Daily Volume Climbs Above $53 Billion, Dwarfing Visa
Tether’s digital token pegged to traditional currencies, is leading a quiet revolution in the world of finance.
In a landmark development, USDT has surpassed Visa’s average daily transaction volume on the Tron blockchain, underscoring its position as the undisputed leader in the stablecoin space.
Tether’s digital token pegged to traditional currencies, is leading a quiet revolution in the world of finance.
In a landmark development, USDT has surpassed Visa’s average daily transaction volume on the Tron blockchain, underscoring its position as the undisputed leader in the stablecoin space.
Meanwhile, Michael Saylor, a bold Bitcoin maximalist who has long been purchasing Bitcoin for the balance sheet of his company "MSTR - MicroStrategy," has issued another $800 million in bonds to buy more Bitcoin.
Currently, the company holds 226,331 BTC. Institutional investors began buying the company's shares back in 2022, with the average purchase price of Bitcoin around $37,000.
Through his company, we witnessed the beginning of institutional expansion into the crypto market even before there was talk of creating a spot Bitcoin ETF.
I remember people mocking him in 2022, but since then, his company's stock has risen by more than 1000%.
He who laughs last, laughs best.
Currently, the company holds 226,331 BTC. Institutional investors began buying the company's shares back in 2022, with the average purchase price of Bitcoin around $37,000.
Through his company, we witnessed the beginning of institutional expansion into the crypto market even before there was talk of creating a spot Bitcoin ETF.
I remember people mocking him in 2022, but since then, his company's stock has risen by more than 1000%.
He who laughs last, laughs best.
History always repeats itself - everything new is a long-forgotten old.
In this article, I will open your eyes to a simple truth: why Bitcoin is so expensive and why it will be even more valuable in the future. I'll start by touching on the distant years of 1840-1860 - but what does that distant time have to do with Bitcoin at all?
Let's recall the words of BlackRock CEO Larry Fink - Bitcoin is the new digital gold. This was a hint for us on which direction to look and how to understand his words.
In 1846, California officially became part of the United States. The
Let's recall the words of BlackRock CEO Larry Fink - Bitcoin is the new digital gold. This was a hint for us on which direction to look and how to understand his words.
In 1846, California officially became part of the United States. The
🔸3iQ has applied to launch Solana ETP in Canada
•Canada-based 3iQ announced that it has applied to launch a Solana-based exchange-traded product (ETP) in Canada.
•The instrument is called Solana Fund and will provide an opportunity to invest in SOL.
•If approved, the product will trade on the Toronto Stock Exchange.
•Canada-based 3iQ announced that it has applied to launch a Solana-based exchange-traded product (ETP) in Canada.
•The instrument is called Solana Fund and will provide an opportunity to invest in SOL.
•If approved, the product will trade on the Toronto Stock Exchange.
🔸Political memecoins expected to see volatility as Trump-Biden debate nears
The face-off will compare both candidates’ proposed policies.
Amid this scenario, analysts at crypto exchange Bitfinex predict that political memecoins or “Politifi” tokens inspired by Trump and Biden—such as the Ethereum-based Super Trump and Maga, and the Solana-based, misspelled, Jeo Boden and Doland Tremp —could experience volatile price movements during and after the debate.
The face-off will compare both candidates’ proposed policies.
Amid this scenario, analysts at crypto exchange Bitfinex predict that political memecoins or “Politifi” tokens inspired by Trump and Biden—such as the Ethereum-based Super Trump and Maga, and the Solana-based, misspelled, Jeo Boden and Doland Tremp —could experience volatile price movements during and after the debate.
💰TON listing on Binance soon?
Cryptocurrency exchange Binance today added support for 💵Tether (USDT) on the TON network, ensuring that users can utilize USDT deposits and withdrawals on TON.
The token is likely to be listed on Binance soon, for now the token is only traded on futures.
#TON #Binance #USDT
Cryptocurrency exchange Binance today added support for 💵Tether (USDT) on the TON network, ensuring that users can utilize USDT deposits and withdrawals on TON.
The token is likely to be listed on Binance soon, for now the token is only traded on futures.
#TON #Binance #USDT
Yesterday, someone paid nearly $90,000 (25 ETH) for two nearly identical ENS domains (one "boy" and the other "girl").
This data comes from the ENS Sales Bot.
It will be interesting to see for how much they will be resold later.
This data comes from the ENS Sales Bot.
It will be interesting to see for how much they will be resold later.
Apple Faces Fine for Violating EU Digital Legislation. The European Commission Wants to Charge Them with Suppressing Competition in the App Store.
If Apple violates the DMA, it faces daily fines of up to 5% of its average daily global turnover—$1 billion. This amounts to $50 million per day.
If Apple violates the DMA, it faces daily fines of up to 5% of its average daily global turnover—$1 billion. This amounts to $50 million per day.
🤓 Spot Bitcoin ETF from VanEck to Begin Trading in Australia
The Australian Securities Exchange (ASX) has approved a spot Bitcoin ETF.
It will start trading on June 20, with VanEck as the issuer of the product.
Generally, such financial instruments outside the U.S. do not result in significant inflows of money into BTC, but they positively impact the acceptance of Bitcoin as an asset class.
The Australian Securities Exchange (ASX) has approved a spot Bitcoin ETF.
It will start trading on June 20, with VanEck as the issuer of the product.
Generally, such financial instruments outside the U.S. do not result in significant inflows of money into BTC, but they positively impact the acceptance of Bitcoin as an asset class.