The volume of transfers in the Bitcoin network has consolidated at its lowest level in the last two years. As a result, BTC holders are somehow in no hurry to actively conduct serious transactions with cryptocurrency.

Breaking: RBI Chief Reaffirms Crypto Ban, Warns Of Upcoming Financial Crisis

https://bit.ly/3jmVIoZ

Get ready, it's going to hurt.

Here is an intermediate result of the change in the rates of popular cryptocurrencies this year. The result of the indicator for 2022 is indicated in the right column, and the results of each month are listed before it.

Eh, now I would return to 2021 and sell everything 😅

Cryptocurrency usage statistics by country and as a percentage of the adult population from BBG.
Top 5 was not the most obvious: India, China, Nigeria, Indonesia and Pakistan.

And in Nigeria, Turkey and Thailand, the highest percentage of owners among the adult population, we can say that already every second ...

Total trading volumes on cryptocurrency exchanges have dropped below $10 billion. This has not happened since December 2020, that is, a little more than two years.

The result of the indicator for yesterday was 9.91 billion dollars. So traders go into hibernation.

Breaking : 1inch launches Fusion upgrade to improve swap security and profitability

The Fusion mode in 1inch Swap Engine allows DeFi investors to place orders with a predecided price and time range without paying network fees.

⚡️Meanwhile, detected a momentum change at the price of 1inch token at 0.3906 on a 5min candle timeframe.

Today's 1inch update includes changes in the project's tokenomics, in terms of which 1inch token gain real utility.

Token reacted with rebound from the bottom

1INCH token updates

Now the token has grown in price and continues to grow after the release of the newsbreak.

Many say that on December 31, 1inch will unlock its tokens and there will be a dump. Guys, check the information. All 1inch tokenomics is available.

As you can see on the charts, there will be no unlocking of tokens on December 31, as it has already been. Information here: https://token.unlocks.app/1inch

Breaking: Michael Saylor’s MicroStrategy Buys 2395 Bitcoins

https://bit.ly/3WQIK0O

Meanwhile, the hashrate of the Bitcoin network is once again approaching the 300 exahash per second mark after recently falling below 200 exahash. How large BTC miners manage to work so actively in conditions of almost record mining difficulty and the low rate of the first coin is quite difficult to imagine.

Meanwhile, Bitcoin volatility has dropped to its lowest level in a year. This means that the exchange rate of the first cryptocurrency is now changing very little.

Indeed, it seems like BTC has held at $16,800 for ages. When is the flight to the moon already?👀

Analysts note that 2022 was the worst for the stock and bond market since 1871. I want to believe that we have already experienced the worst 😅

Just In: Coinbase To Pay $100 Million Fine In New York

https://bit.ly/3GEfgy7

In 2022, the volume of settlements using stablecoins exceeded the mark of 7 trillion and became a record. Accordingly, tokens pegged to the dollar have already proven themselves as a convenient tool.

The analysts add that large withdrawals from Huobi are mainly held in USDT, USDC and ETH. Users with a large balance are responsible for them.

Here is a ranking of the biggest withdrawals from Huobi over the past 24 hours.

The leader in terms of the volume of bitcoins on the balance among cryptocurrency exchanges today is Binance, which holds a little more than 516 thousand BTC. The second and third places are occupied by Coinbase and Bitfinex, respectively.

Here is the table.

According to CoinShares analysts, the last week for the cryptocurrency industry ended predominantly with withdrawals from digital assets. The volume of net withdrawals amounted to the equivalent of $9.7 million, which generally indicates the prevailing negative sentiment in the industry.

Breaking: Coinbase CEO Brian Armstrong Announces 20% Additional Layoff

https://bit.ly/3GQrns2

981,290 - that's how many addresses have a whole BTC today. And this is another record for the indicator.

Bitcoin accumulation by investors with free money continues.

Analysts at Delphi Digital analyzed the behavior of Bitcoin miners earlier this month. According to their data, ASIC-miner owners sell almost all mined BTC to maintain their own activity. This means that the rate of the first cryptocurrency the day before was too low to work properly.

Obviously, today's market jump will correct this situation one way or another.