Smart Bitcoin
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Independent media about the blockchain industry.
A comprehensive overview of the news, author's materials. Openly, honestly and on examples about crypto-invoicing.

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The volatility of bitcoin has fallen to a minimum in six months. And last but not least, all this happens in a very narrow trading range (BBG).

A subtle hint that this will all end with a huge candle and a crazy amount of liquidations. You have to be extremely careful on margin trading, the opportunities to react will not be completely accurate.
With each bitcoin halving, inflation in its network is getting lower. Given all the losses of BTC by crypto investors, etc., in fact, it has long been deflationary. An obvious and not new thing, but against the backdrop of what is happening with fiat currencies and accelerating inflation around the world, this becomes an invaluable quality. It is precisely this that is capable of making military-technical cooperation a generally recognized asset - a refuge. Even 5 years ago, this theory caused smiles and skepticism, and today it is already taking on real shape.
Breaking: Binance Revises Terra Classic ($LUNC) Deposits, Withdrawals Fee
https://bit.ly/3yTTzpv
⚡️ Important about Aptos, although everyone is now only talking about how to make money on it.

▪️Aptos co-founder and CTO Avery Ching has 10 years of Facebook experience, a PhD in High Performance Computing and has installed half a million time synchronized servers worldwide.

▪️The Aptos team includes 10 PhDs who are cryptography experts referenced by Vitalik and who contributed to Verkle trees (an advanced ETH data scaling solution).

▪️Existing L1s have helped Aptos build their infrastructure, which they plan to use to connect the next billion users.

▪️Aptos launched 4 testnets. The first test network included 20,000 nodes.

▪️Aptos managed to mint 2 million NFTs in an hour.
The number of ethers that have not moved for one to two years has reached a maximum in the last four years. The current number for today according to Glassnode is 34.55 million ETH.

It looks like the hodl is also held in high esteem here.
Meanwhile, trading volumes on cryptocurrency exchanges have dropped to their lowest in more than a year. Classic bear markets, in general.
Breaking: Big 4 Accounting Firm Announces Metaverse Client Experience
https://bit.ly/3Dad7ay
2.53 million bitcoins have not moved for at least ten years. This is a new record, which consists of a hodle, coins on wallets with lost access and other incidents.

Here is a chart from Glassnode.
Shares of public Bitcoin miner Argo Blockchain sank 41 percent today at market open. Analysts note problems with financing of the giant.

If resources are not found, the company may experience negative cash flow. Well, this will lead to a reduction or even a cessation of BTC mining activity.
Breaking: Elon Musk’s Twitter Faces Class Action Lawsuit For Mass Layoffs
https://bit.ly/3NxjAB7
⚡️Did you know that 65% of all blocks after Ethereum Merge are subject to censorship and OFAC requirements.
Breaking: Meta Layoffs 11,000 Employees; Mentions Vision For Metaverse
https://bit.ly/3Usd55d
Apparently, cryptocurrency owners are now actively withdrawing their coins from various exchanges for fear of problems. For example, this is how the ETH flow chart looks like.
Bitcoin drawdown from ATH over the epoch
⚡️FTX Hacked

Now they have withdrawn about 400 million. Do not go to the site and the application!
The hashrate of the Bitcoin network has a new record - 343 exahash per second! The BTC blockchain has never been so secure.
But this is interesting: over the past week, investors have invested in the cryptocurrency industry rather than withdrawing them from there. According to CoinShares analysts, we are talking about the equivalent of $42 million. And this is the highest figure in the last 14 weeks.

Someone is clearly ready to take risks.
Breaking: Binance Gets FSP License In Abu Dhabi Amid FTX Crisis
https://bit.ly/3X3FTCO
The SALT landing platform has suspended withdrawals of user funds and deposits. As the representatives of the company clarified, the collapse of the FTX crypto exchange had a serious impact on them. However, for now, they need to determine the extent of this.

Looks like minus one platform.