At the end of August, Binance ranks first among cryptocurrency exchanges in spot trading, that is, transactions at the market rate. It accounts for 70.1 percent of volume, Coinbase 9 percent, FTX 5.7 percent. Kraken ranks fourth with 3.7 percent.

Today, the balance of the ten largest Ethereum addresses that are not exchanges exceeds the amount of coins on the ten largest trading platforms, moreover, 3.12 times. According to analysts at Santiment, a year ago the situation was completely opposite.

And this is a good sign for the future of ETH.

DOUBLE TOP OTC

The biggest crypto influencers in CIS region according to binance has created their own secure OTC chat.

They will provide:
🔸100% security
🔸fast service
🔸24/7 support from escrow

Links:
OTC group
OTC guide
Twitter
Reviews

Fear and Greed Index

The so-called RHODL indicator shows the age of the bitcoins being traded. The higher it is, the older BTC is sold. Apparently, while long-term holders are in no hurry to get rid of the cryptocurrency, which means they are counting on its growth.

MicroStrategy CEO Michael Sailor believes the company's choice in favor of Bitcoin is right. As evidence, he cited this table, according to which gold produced 80 percent less profitability than BTC during the year.

As a reminder, MicroStrategy holds 108,992 bitcoins.

A very curious post - What are the largest crypto investment funds investing in?

The post has a link to a table with all the altcoins that have been invested in: Grayscale, Alameda Research, Andreessen Horowitz, Pantera Capital, Coinbase Ventures, Dragonfly Capital, Binance Labs. With the indication of the popularity in points.

It's very convenient to analyze in this way what are, according to cryptocurrency funds, reliable and promising cryptocurrencies. In addition to Bitcoin and Ethereum, of course.

One of the best ways to select altcoins for your portfolio is to see what the largest crypto investment funds are investing in. They are known to analyze assets the most thoroughly before investing.

There are 7 largest funds:

Andreessen Horowitz
Grayscale
Pantera Capital
Coinbase Ventures
Alameda Research
Binance Labs
Dragonfly Capital

We did a good job and put together a table with their cryptoassets. BTC and ETH are of course the leaders here. COMP and UNI are also very popular.

The most valuable are altcoins that have at least 2 crypto funds as investors. There is a column on the right: Popularity. It indicates the popularity in points (from 1 to 7) of the asset among the top funds.

In the future, we will update this table, and also plan to add Messari statistics on profitability for different periods of time. It will be possible to analyze which of the altcoins have already made X's and which have not yet.

In general, subscribe to our channel, if you have't already done so, to be aware of updates.

Yesterday was deflationary again on the Ethereum network, meaning more coins were burned than created. This happened against the backdrop of a crazy increase in commissions due to the collapse of the market.

Bitcoin Scam: Hackers launch Ponzi BTC scheme through Russia’s Government website

https://bit.ly/3l3CLEW

On Tuesday, September 7th, the amount of commissions spent on the Ethereum network reached a three-month high. The indicator was the equivalent of $ 75.21 million.

This was the reason for the active burning of ETH and the second deflationary day in the history of the cryptocurrency.

The so-called open interest or total volume of open positions in Bitcoin fell markedly against the background of the market crash on Tuesday. However, the indicator is gradually starting to recover. This indicates a renewed investor interest in the coin.

This is what the ecosystem of the Avalanche network looks like, the native token of which, called AVAX, has grown by 203 percent in the past 30 days.

At the same time, over the past 11 months, 273 new projects have appeared on the network. Not a bad pace of development.

#ETH hash rate continues to break records

Breaking: World’s Largest Hedge Fund Manager Says Regulators Would Kill Bitcoin

https://bit.ly/39cXAbr

Altcoin Season Index

The largest growth since the beginning of 2021 among large crypto projects has so far been issued by SOL, the native token of the Solana network. Against the background of its performance, Bitcoin and Ethereum seem to be quite conservative investments.

Join one of the fastest growing crypto ecosystems!🔥

Check out Newscrypto.io and get hands on awesome trading tools, analysis and trading ideas.

Connect with the community of traders: https://t.me/NWC_PublicChat

#BTC mining difficulty continues to grow

This is a graph of the number of sales and unique users on the OpenSea platform where NFTs are traded. Based on the data, unique tokens are still trending.