In the past week, all attention is still on Sam Bankman-Fried - the former CEO of #FTX exchange was extradited to the US, then r
26 Dec 2022, 09:00
In the past week, all attention is still on Sam Bankman-Fried - the former CEO of #FTX exchange was extradited to the US, then released on bail with a bond of up to $250M.
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2BSCStationBSCS #1679
26 Dec 2022, 09:01
Weekly Market Highlights #26: December 19 - December 25
✨Last week's market had little volatility as the world entered the Christmas and New Year holidays.
✨However, all attention is still on Sam Bankman-Fried - the former CEO of FTX exchange was extradited to the US, then released on bail with a bond of up to $250M. At the same time, Caroline Ellison and Gary Wang - Sam's close subordinates, pleaded guilty.
✨Over the past week, the crypto market increased ~$5B (from ~$808B to ~$813B) of its total capitalization
✨Bitcoin Boring Below $17K
✅Bitcoin dropped to a 3-week low on December 20 at $16,3K but reclaimed almost all lost value in less than a day. Another price decline two days later saw the asset slipping to $16,5K but bounced back to $16,8K hours later.
✅The end of the working week saw two major announcements from the US – about the GDP (an increase of 3.2% in Q3) and the PCE numbers, an inflation gauge covering consumer costs. Both had little impact on BTC, while the largest US stock market indexes experienced more volatility.
✨Most altcoins have failed to produce significant movements in the past week
✅BSCS is currently trading at ~$0,008137: +1,92% from its 7-day all-time low of $0,007984.
✅ETH has sustained above $1,2K as it sits flat on a daily scale.
✅BNB, DOGE, ADA, MATIC, OKB, TRX, SHIB, LTC, and DOT all have insignificant losses.
✅SOL has dropped the most from the larger-cap altcoins. A 5.3% decline on a 24-hour scale has pushed SOL down to just over $11.
✅OKX's native cryptocurrency (OKB) is the best performer from the larger-cap altcoins, just a few days after the exchange published its latest proof-of-reserve report, showing a 101% reserve ratio.
✨Bitcoin Fear and Greed Index is 28 - Fear, lower than at the beginning of the week (29)
✨Dominance:
✅BTC: 40.0%
✅ETH: 18.4%
👉More details HERE
📣Stay tuned! The market's highlights will be updated by BSCStation 😎
⭐️BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube
Weekly Market Highlights #26: December 19 - December 25.
Weekly Market Highlights #26: December 19 - December 25
✨Last week's market had little volatility as the world entered the Christmas and New Year holidays.
✨However, all attention is still on Sam Bankman-Fried - the former CEO of FTX exchange was extradited to the US, then released on bail with a bond of up to $250M. At the same time, Caroline Ellison and Gary Wang - Sam's close subordinates, pleaded guilty.
✨Over the past week, the crypto market increased ~$5B (from ~$808B to ~$813B) of its total capitalization
✨Bitcoin Boring Below $17K
✅Bitcoin dropped to a 3-week low on December 20 at $16,3K but reclaimed almost all lost value in less than a day. Another price decline two days later saw the asset slipping to $16,5K but bounced back to $16,8K hours later.
✅The end of the working week saw two major announcements from the US – about the GDP (an increase of 3.2% in Q3) and the PCE numbers, an inflation gauge covering consumer costs. Both had little impact on BTC, while the largest US stock market indexes experienced more volatility.
✨Most altcoins have failed to produce significant movements in the past week
✅BSCS is currently trading at ~$0,008137: +1,92% from its 7-day all-time low of $0,007984.
✅ETH has sustained above $1,2K as it sits flat on a daily scale.
✅BNB, DOGE, ADA, MATIC, OKB, TRX, SHIB, LTC, and DOT all have insignificant losses.
✅SOL has dropped the most from the larger-cap altcoins. A 5.3% decline on a 24-hour scale has pushed SOL down to just over $11.
✅OKX's native cryptocurrency (OKB) is the best performer from the larger-cap altcoins, just a few days after the exchange published its latest proof-of-reserve report, showing a 101% reserve ratio.
✨Bitcoin Fear and Greed Index is 28 - Fear, lower than at the beginning of the week (29)
✨Dominance:
✅BTC: 40.0%
✅ETH: 18.4%
👉More details HERE
📣Stay tuned! The market's highlights will be updated by BSCStation 😎
⭐️BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube
BSCStationBSCS #1679
26 Dec 2022, 09:01
Weekly Market Highlights #26: December 19 - December 25
✨Last week's market had little volatility as the world entered the Christmas and New Year holidays.
✨However, all attention is still on Sam Bankman-Fried - the former CEO of FTX exchange was extradited to the US, then released on bail with a bond of up to $250M. At the same time, Caroline Ellison and Gary Wang - Sam's close subordinates, pleaded guilty.
✨Over the past week, the crypto market increased ~$5B (from ~$808B to ~$813B) of its total capitalization
✨Bitcoin Boring Below $17K
✅Bitcoin dropped to a 3-week low on December 20 at $16,3K but reclaimed almost all lost value in less than a day. Another price decline two days later saw the asset slipping to $16,5K but bounced back to $16,8K hours later.
✅The end of the working week saw two major announcements from the US – about the GDP (an increase of 3.2% in Q3) and the PCE numbers, an inflation gauge covering consumer costs. Both had little impact on BTC, while the largest US stock market indexes experienced more volatility.
✨Most altcoins have failed to produce significant movements in the past week
✅BSCS is currently trading at ~$0,008137: +1,92% from its 7-day all-time low of $0,007984.
✅ETH has sustained above $1,2K as it sits flat on a daily scale.
✅BNB, DOGE, ADA, MATIC, OKB, TRX, SHIB, LTC, and DOT all have insignificant losses.
✅SOL has dropped the most from the larger-cap altcoins. A 5.3% decline on a 24-hour scale has pushed SOL down to just over $11.
✅OKX's native cryptocurrency (OKB) is the best performer from the larger-cap altcoins, just a few days after the exchange published its latest proof-of-reserve report, showing a 101% reserve ratio.
✨Bitcoin Fear and Greed Index is 28 - Fear, lower than at the beginning of the week (29)
✨Dominance:
✅BTC: 40.0%
✅ETH: 18.4%
👉More details HERE
📣Stay tuned! The market's highlights will be updated by BSCStation 😎
⭐️BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube
Weekly Market Highlights #26: December 19 - December 25.
Weekly Market Highlights #26: December 19 - December 25
✨Last week's market had little volatility as the world entered the Christmas and New Year holidays.
✨However, all attention is still on Sam Bankman-Fried - the former CEO of FTX exchange was extradited to the US, then released on bail with a bond of up to $250M. At the same time, Caroline Ellison and Gary Wang - Sam's close subordinates, pleaded guilty.
✨Over the past week, the crypto market increased ~$5B (from ~$808B to ~$813B) of its total capitalization
✨Bitcoin Boring Below $17K
✅Bitcoin dropped to a 3-week low on December 20 at $16,3K but reclaimed almost all lost value in less than a day. Another price decline two days later saw the asset slipping to $16,5K but bounced back to $16,8K hours later.
✅The end of the working week saw two major announcements from the US – about the GDP (an increase of 3.2% in Q3) and the PCE numbers, an inflation gauge covering consumer costs. Both had little impact on BTC, while the largest US stock market indexes experienced more volatility.
✨Most altcoins have failed to produce significant movements in the past week
✅BSCS is currently trading at ~$0,008137: +1,92% from its 7-day all-time low of $0,007984.
✅ETH has sustained above $1,2K as it sits flat on a daily scale.
✅BNB, DOGE, ADA, MATIC, OKB, TRX, SHIB, LTC, and DOT all have insignificant losses.
✅SOL has dropped the most from the larger-cap altcoins. A 5.3% decline on a 24-hour scale has pushed SOL down to just over $11.
✅OKX's native cryptocurrency (OKB) is the best performer from the larger-cap altcoins, just a few days after the exchange published its latest proof-of-reserve report, showing a 101% reserve ratio.
✨Bitcoin Fear and Greed Index is 28 - Fear, lower than at the beginning of the week (29)
✨Dominance:
✅BTC: 40.0%
✅ETH: 18.4%
👉More details HERE
📣Stay tuned! The market's highlights will be updated by BSCStation 😎
⭐️BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube