AMA trading inc.

2022-10-10 19:02:06 Analyst: #Bitcoin | The most significant support level is $19,000 when 1.3 million addresses bought over $680,000 of #BTC .

#BTC should hold above this demand zone as
intotheblock IOMAP shows almost no support below it. Open / Comment

2022-10-10 16:01:43 Important information.

Crypto exchange Huobi Global has changed its owner. The co-founder of the site sold a controlling stake in the company.
The buyer was - asset manager About Capital Management HK Co (a financial planning company in Hong Kong)

The press release said the new controlling shareholder plans to create a global strategic advisory board of industry leaders, increase margin and reserve funds and improve the competitiveness of the exchange. Open / Comment

2022-10-10 12:01:50 Rising unemployment in the U.S. could trigger a crypto rally

The U.S. Labor Department released weekly statistics on jobless claims. This figure rose by 26,000 compared to the previous week. Many experts point out that this indicates the unstable state of the U.S. labor market, and this can play into the hands of many cryptocurrencies.

Notably, the strong labor market for the Fed acted as a trump card, allowing to tighten monetary policy and not to fear the negative impact on the country's economy. But it seems that the situation is beginning to change rapidly. According to experts, if the unemployment situation in the U.S. worsens, the U.S. regulator will have to ease monetary policy. This, in turn, will have a positive effect on the crypto market and we can expect a full recovery of the segment. Open / Comment

2022-10-09 20:31:26 Open / Comment

2022-10-09 17:02:01 #Bitcoin  is now more stable in price than the Dow Jones Industrial Average Open / Comment

2022-10-09 14:50:24 Cryptocurrency XEN consumed 1,011 ETH of GAS fees in 24 hours, which is 36% of the Ethereum network's GAS consumption.

The project claims to have been founded by Google employee #21 Jack Levine, uses the Proof of Participation mining mechanism, and over 120,000 addresses have participated. Open / Comment

2022-10-09 11:12:01 Cryptocurrency exchange Huobi Global agreed to sell a controlling stake in Hong Kong-based investment company About Capital Management. The parties did not disclose the financial terms of the deal.

According to a press release, the platform will implement a number of initiatives to expand its business and promote its brand globally after the deal closes. In particular, the company plans to make "significant investments" in margin and reserve funds. Open / Comment

2022-10-08 20:20:24 Grayscale will start buying back mining equipment from troubled companies

Digital asset management company Grayscale has launched a new product with a focus on mining equipment. The new product is "designed to take advantage of crypto-winter," Grayscale said.

"We expect that some miners will be forced to liquidate their mining equipment in the coming months. GDIO can provide liquidity to these miners by buying mining equipment at distressed prices and profitably mining as bitcoin prices recover," Sharif-Askari concluded. Open / Comment

2022-10-08 17:17:01 Bitcoin whale show signs of accumulation

Many onchain metrics indicate that amid the short-term rise in bitcoin prices, crypto-whale have returned to the market and conducted a number of large transactions. Since September 27, 2022, addresses that held between 100,000 and 10,000 BTC coins have returned a total of about 46,000 to their wallets in the past week.

BTC. According to experts at Santiment, large holders are showing signs of steady accumulation, which was rare in 2022. Open / Comment

2022-10-08 14:02:01 Payouts on Mt.Gox are still a long way off

Trustee Nobuaki Kobayashi wrote that the exchange's creditors have until Jan. 10, 2023 to file in a special online system.

And that's not the payout date. The bitcoin distribution will happen "sometime next year." This was reported by a source familiar with the situation. Open / Comment