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⚡️ Into The Block

▫️ Bitcoin faces stiff resistance between $20,021 and $20,628, where 913,52 thousand addresses previously bought 611,65 thousand BTC. The next major supply barrier is at $22,767, where 379.69k addresses contain 412.59k BTC

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dYdX ends contentious promo claiming ‘overwhelming demand’

Decentralized crypto derivatives exchange dYdX says it has ended its short-lived and contentious $25 first deposit bonus promo amid a wave of backlash over its facial recognition requirements for new users. The exchange, however, simply cited “overwhelming demand” as the reason for its short-lived promotional campaign, which ended on Thursday “effective immediately.”

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⚡️ CryptoRank

▫️ Cryptocurrency fundraising activity declined in August. Due to bearish sentiment, August marked the fourth consecutive month of declining crypto fundraising activity since April, when a new record of $6.83 billion was set.

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It’s becoming increasingly common to use NFTs for good, as cryptocurrency and the blockchain have the ability to penetrate far beyond the limits of what would be possible using traditional financial tools. In an effort to raise charity for the nonprofit Heath Ledger Foundation, photographer Wattsupphoto will be releasing rarely-seen photos of the late actor.

The NFTs being released are comprised of intimate, never-before-shared photos of Heath Ledger between 2002 and 2004. One image titled “NO PERMIT” tells a story of Heath and the photographer wandering into the LA river without permission, and displays Ledger performing a handstand while looking into the camera. Another titled “NED & BOB” shows the beloved actor hugging two puppies he adopted that day.

Launch is set for September 14th, with proceeds being donated to the Heath Ledger Foundation, aimed at assisting Australian actors abroad.

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⚡️ Glassnode

▫️ Bitcoin goes to organizations less willing to sell. All periods after the red/orange spikes establish a lower range preceding a significant rise. We are in the lower price range for this cycle - much less certain how long the price will stay in this lower area.

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The 12-year-old high school kid above made $150,000 on NFTs

All he was doing was saving his lunch money and buying NFTs with it. Now he's closed the mortgage on his parents and bought a trip to the seaside.

That's the reality of 2022 - it's a lot easier to make NFT money than a regular job. For this, you need to:

1. Find a new and fast-growing collection
2. Participate in the presale phase (instructions )
3. Sell afterwards for 10-30 times the price

Right now, one of the famous artist's collections is just holding its first NFT placement

Hurry up to join and make money:

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⚡️ Bitcoin Domination + ETH/BTC

▫️ The charts clearly show the correlation of capital outflow from BTC to ETH. The upper graph shows the growth of ETH in relation to BTC, the lower graph shows the dominance of BTC on the whole crypto market. The current situation shows a strong push to the horizontal level. That in the future may lead to its breakdown, and the consequence of capital outflow in ETH, the fall in the price of BTC and the growth of ETH.

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NFT sales rose 26% this week.

NFT sales are up this week, more than 26% higher than the week prior, according to metrics collected by cryptoslam.iо. 17 different blockchain networks raked in over $180 million in NFT sales after recording $142.33 million last week.

The top collection this week was Uniswap V3 NFTV1 Polygon, with $68.65 million in sales. The week's top collection was followed by the Bored Ape Yacht Club (BAYC) NFT compilation raking in $7.58 million in sales this week. Immutaswap.iо, Digidaigaku, and Sorare followed the top two collections in terms of sales with $5.9 million to $7.35 million.

Ethereum (ETH) recorded the most NFT sales with $79.29 million, which was followed by Polygon's $69.46 NFT sales. Ethereum and Polygon were followed by Solana, Immutable X, and Binance Smart Chain. Flow ranked six this week with $2.02 million in sales, down 54.19% lower than the week before.

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⚡️ Renault announced a partnership with the Sandbox metaverse

▫️ Automaker Renault and the Sandbox Metaverse have announced a partnership to provide customers with a new automotive experience The Sandbox Metaverse and automaker Renault said the partnership will provide an entirely new automotive experience that has undergone a huge digital transformation in line with key blockchain trends.

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📣📣🎁‼️ Surprise ‼️🎁📣📣

We are opening our secret channel link for only 1 minute. Join now

https://www.tg-me.com/+Nl7_pf5bH-Q2YjJi

Join fast 👆👆👆

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⚡️ Glassnode

▫️ Whale-Exchange
Positive values ( 🟢 ) indicate Whale net balance growth (and withdrawals from the exchange).
Negative values ( 🔴 ) indicate a decrease in Whale's net balance (and exchange deposits).

▫️ A sharp reversal can be noted after the sell-off to $17.6K, when Whale transfers quickly reversed to deposits on exchanges. The distribution peaked at the recent local top of $24.5k.

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Sales of recently launched Reddit blockchain-based avatars are rising on nonfungible token (NFT) marketplace OpenSea, outperforming the platform’s proprietary store.

NFTs currently available for purchase on the Reddit Avatar store page range from $5.00 to $49, while the NFTs that were listed for $50 or more are now sold out. These more expensive avatars are still available on OpenSea for price ranges significantly higher than their original listings on Reddit.

Two specific collections, The Senses x Reddit and Foustlings x Reddit, are prominent Reddit Avatar compilations that are featured on OpenSea.

Just over 1,300 The Senses NFTs are listed on OpenSea and have generated a total of 15 Ether (ETH) on Polygon, or $25,000, in sales since Aug. 20.

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⚡️ Daily DEX trading volume is "steadily declining."

▫️ As of Sept. 8, daily DEX trading volume was about $1.7 billion, down 94% from its peak in May.

▫️ When the general market declined, users interacted much less with DEX. The ATH phase of trading volume in early May formed as a result of the UST losing its anchor, the entire market being chaotic, and investors selling panically.

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Bitorbit App - a meeting place for digital content creators, streamers, bloggers, artists, NFT-artists, collectors, and merchants. Web 3.0 marketplace for game developers, creators of metaverses, NFT games, their followers, and users. We offer the ability to create/trade/promote digital and Web 3.0 content with a minimum number of clicks. True replacement of all OTC chats in your pocket. 
All this is in your pocket, built on the Velas - the world's fastest EVM Blockchain with 1.2-sec finality and extremely low fees.
A beta release is planned for this month! 
Rewards for feedback, share to earn, bug bounty, NFT-drops, community quests, and much more!
Don't miss the opportunity to mint your own NFT with a premium ID!
Join the Bitorbit Community to collect your rewards!

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⚡️ Ethereum

▫️ Ethereum now has more than 13.5 million ETH in its deposit contract. That's over 11.2% of all ETH in circulation. At current prices, that's over $22 billion securing Ethereum through staking.

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👨‍🎨 A famous Italian artist created his own Telegram channel!

Right there, he covers about art and NFT, and the way you can start making money from it.

WITHOUT hundreds of thousands to kick off and 5 years at the art academy.

There, he also shared a collection that he plans to make over $1,000,000,000 on.

Watch and earn:

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⚡️ Onchain analysis: an overview of Ethereum before the merger

▫️ The Merger is approaching, not only small investors but also large funds and smart wallets are actively preparing for this event.

▫️ Tracking the performance of the ETH network, we can see:
⁃ Cash flows from exchanges, L2, EVM-chain all flow into Ethereum.
⁃ The fact that The Merge does not stimulate the need to use the network
⁃ Smart money wallets tend to store ETH in personal wallets.
⁃ Ethereum network miners have landed on the Ethereum Classic hardforward, the POW trend may take place in the short term.

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The Chicago Bulls are releasing a new NFT collection later this month featuring "1-of-1" artworks designed by several well-known artists tasked with reimagining the NBA team's iconic logo.

Each piece of art will be minted as a single 1-of-1 NFT on the Ethereum blockchain exclusively through Coinbase's NFT platform. The collection, titled "The Aurochs," will be auctioned off on Sept. 22 with a starting price of 0.2 ETH, or roughly $320.

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2024/10/01 22:40:52
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