Studies on their COVID vaccines have been launched by Pfizer and Moderna to look at potential long-term side effects. – Both the large pharmaceutical companies Pfizer and Moderna have started clinical tests to investigate whether or not the use of their experimental COVID vaccines may have any long-term adverse effects on a person’s health. These effects are being looked into to determine whether or not the vaccines have the potential to prevent COVID infection.
On November 12, 2021, Dakota resident Joseph Keating, age 26, passed away from myocarditis four days after receiving his third Pfizer injection. The cause of death was cardiomyopathy.
According to members of his family, he was exhibiting some unusual and relatively moderate symptoms, such as an elevated heart rate, weariness, and painful muscles.
The autopsy report and death certificate that were obtained by the Defender indicated that the following medical condition was the cause of Keating’s death: “post-Pfizer Covid vaccination myocarditis has been recognised to cause left ventricular dysfunction.” Myocarditis caused him to suffer serious heart damage, which ultimately led to his death.
A post-mortem investigation of the body indicated that a healthy woman of two children who was 36 years old and had received the Covid-19 immunisation contracted acute myocarditis, which ultimately led to her death.
On June 4 of last year, Dawn Wooldridge was given her very first injection of the Pfizer Covid-19 vaccine. She died suddenly eleven days after receiving her immunisation, which was unexpected.
Mrs. Wooldridge’s body was discovered by her brother in June of last year after she failed to pick up her son, who was five years old at the time, from school on that particular day.
After a year of waiting, the autopsy finally revealed that the reason she passed away was because of a negative response to the Pfizer Covid-19 vaccination.
Studies on their COVID Vaccines have been Launched by Pfizer and Moderna
Over the past few years, the lives of a number of young and seemingly healthy sportsmen have been cut tragically short. The sudden deaths of a number of young sportsmen who appeared to be in excellent condition had medical professionals perplexed.
Between May 19, 2021 and March 8 of this year, the National Health Security Office (NHSO) of Thailand disbursed about 1.509 billion baht ($45.65 million) in the form of financial assistance to individuals who had experienced adverse reactions as a result of getting COVID-19 vaccinations.
The COVID vaccine injury payouts in Australia skyrocketed, increasing by more than 80 times compared to the previous year.
According to a recent research, the amount of money paid out for COVID-related deaths and injuries skyrocketed during the fiscal year 2022-2023. Up to this point, the government has paid out a total of $76.9 million, which corresponds to 3,845 tier-one claims.
Myocarditis and other adverse events have been labelled as “mild” and “rare” despite the fact that the public health regime and the bootlicking media have been routinely downplaying the risk of developing myocarditis and other adverse events after taking the vaccine for years. They have also systematically buried any evidence that would suggest otherwise.
Pfizer’s agreement with the Slovenian government, which was obtained through a Freedom of Information Act request, disclosed that the “long-term effects and effectiveness of the vaccine are not yet known,” and that there may be “adverse consequences.”
There are already over 1.4 million cases of COVID-19 vaccine adverse events, including more than 31,961 fatalities, according to records from the Vaccine Adverse Events Reporting System (VAERS), which includes reports from non-domestic sources. These numbers are current as of November 4, 2022.
The most recent data available on the VAERS website indicates that a total of 1,458,322 adverse events related to the COVID vaccination have been reported.
Researchers from France conducted a study that was reviewed by other scientists and came to the conclusion that the experimental Pfizer vaccine and the Moderna vaccine both significantly increase the risk of myocarditis in comparison to those who were not vaccinated.
German researchers have uncovered evidence that points to a possible link between a COVID vaccine and an autoimmune reaction in 14 out of 15 patients who were diagnosed with myocarditis.
After receiving a second dose of the Pfizer Covid-19 vaccine, adolescents had a sevenfold increased risk of developing myocarditis, according to the findings of a study that was carried out in Hong Kong.
Now, Moderna and Pfizer are beginning clinical tests to determine the effects that their experimental COVID vaccines will have over the course of a longer period of time.
Nansen Evaluates Significant Exchange Onchain Holdings following the FTX Fiasco – The failure of the cryptocurrency exchange FTX has prompted calls for more public accounting of token ownership and assets under control from colleagues in the sector.
Major cryptocurrency exchanges such as Binance, Huobi, OKX, and Crypto.com have taken attempts to allay the concerns of the larger space by disclosing information on their holdings and portfolios. This comes after investor trust was rattled, which resulted in users throughout the ecosystem withdrawing Bitcoin (BTC) and other tokens off exchanges in an effort to avoid potential contagion caused by the repercussions from FTX.
The blockchain analytics platform Nansen is well-known for its wallet labelling capabilities, which monitor addresses across several blockchains. In addition, the site offers insights into the industry. Nansen listed seven of the most important exchanges, along with their relevant portfolios and explanation statements of accounts, in a series of tweets that were posted on November 15th.
The total amount of holdings in wallet addresses that are supplied by the companies on blockchains that are monitored by Nansen represents the assets and net worth of the exchanges. Additionally, it is mentioned on the analytics platform that the presented data does not constitute a “exhaustive or full account of the real assets/reserves held.”
Binance, Crypto.com, OKX, KuCoin, Deribit, Bitfinex, and Huobi are some of the cryptocurrency exchanges that have been taken into account.
Nansen Evaluates Significant Exchange Onchain Holdings following the FTX Fiasco
The cryptocurrency exchange known as Binance, which is commonly considered to be the largest worldwide exchange in terms of transaction volume, reportedly contains assets worth around $64.3 billion across the Bitcoin, Ethereum, TRON, and BNB blockchains. This conversation completely overshadows the others by a significant amount.
According to the data provided by the company, Bitfinex has the second largest asset holdings in reserve out of the seven exchanges. This places Bitfinex in second place. There are assets worth $8.23 billion distributed over many blockchains, including Bitcoin, Ethereum, Polygon, TRON, Solana, Acala, Avalanche, Cosmos, Fantom, Near, Terra, and Terra Classic.
The assets associated with Huobi may be tracked to a total value of $3.3 billion across eight separate chains. According to recent reports, OKX manages cryptocurrency assets worth a total of $5.84 billion across multiple blockchains, including Bitcoin, Ethereum, Polygon, Arbitrum, TRON, and Avalanche.
Crypto.com is believed to contain assets worth a total of $2.36 billion over seven different networks. Deribit has around $1.46 billion worth of assets spread between the Bitcoin, Ethereum, and Solana blockchains, while KuCoin addresses control a total of $2.65 billion worth of assets across eight distinct blockchains.
Elon Musk says BTC ‘will make it’ — 5 things to know in Bitcoin this week – Bitcoin (BTC) is off to a rocky start for the new week after posting its lowest weekly closing in the past two years.
The largest cryptocurrency has continued to struggle with the consequences of the collapse of the FTX exchange a week ago, which caused it to suffer significant losses.
Investors are uncertain about what will happen next in a market that is becoming increasingly unstable as a growing number of companies sound the alarm over solvency and regulators ratchet up their probes in the cryptocurrency area.
The tone of the majority is one of profound fear, and even some of the most well-known personalities in the sector are sounding the alarm that it has been put back several years as a direct result of the events that occurred last week.
At the same time, business as usual has being carried out regarding Bitcoin. FTX is not the first catastrophe of this kind that the network has overcome, and underneath everything, the network is just as strong as it was before.
As the typical Bitcoin holder attempts to come to terms with recent significant losses and continuous volatility, Cointelegraph examines the factors that are likely to influence the price action of Bitcoin in the days ahead.
The cryptocurrency market is bracing for further FTX fallout
Even while there is very little that can be said with absolute certainty about the current state of the cryptocurrency market, it is reasonable to claim that FTX and the events that followed it are now the primary driver of price volatility in bitcoin.
According to information provided by Cointelegraph Markets Pro and TradingView, the weekly chart says it all with a -$5,500 “red” candle for the seven days leading up to November 13 and the lowest weekly closing seen since the middle of November 2020.
After falling to a low of $15,780 on Bitstamp overnight, the Bitcoin to US Dollar exchange rate has since recovered to around that previous close of $16,300. This comes as a welcome relief bounce for traders.
When it comes to FTX, the tale is not even close to being done. Firms that have exposure to the exchange and connected businesses have found themselves in a difficult situation.
Commentators predict that as a result of the knock-on consequences, more and more crypto names will be forced out of business in the following days and weeks. As a result of this, there may be repeat performances.
Particular attention is being focused on exchanges, with Crypto.com, KuCoin, and others becoming possible suspects because to concerns over their liquidity.
Earlier in the day, there was a significant increase in the number of withdrawal transactions that took place at Crypto.com and Gate.io. This led to warnings that the exchange may become the most recent one to experience a “bank run” as investors attempted to regain control of their funds.
On November 13, according to data provided by the on-chain analytics company CryptoQuant, 1,500 BTC were transferred out of Gate.io. As of right now, nearly 800 BTC have been transferred out of Gate.io, and this number is continuing to rise.
In a broader sense, the data revealed that the BTC reserves of exchanges stood at an estimated 2.09 million BTC; however, CryptoQuant pointed out that this figure may not accurately reflect the current state of affairs because of the turmoil.
When reserves were previously at such a low level, it was at the beginning of 2018.
Bitcoin surges from $15,700 as Elon Musk expresses confidence in the cryptocurrency
Predicting the price of bitcoin in light of the continued unpredictability surrounding the cryptocurrency is therefore not an easy assignment.
When analyst Matthew Hyland turned his attention to the moving average convergence divergence (MACD), he issued a warning that the 3-day chart for BTC/USD was about to repeat a bearish setup that had previously resulted in losses both times it appeared in 2022.
According to what he had said, “Bitcoin 3-Day MACD is in position to cross Bearish tomorrow for the first time since April.”
“If BTC is able to obtain positive price movement before the 3-Day shuts, then it is possible to avoid it. During the course of the previous year, the previous two crossings led to more price movement in the negative direction.
Hyland did point out, however, that following the breach that occurred on Mt. Gox in 2014, it took Bitcoin a little over a year to establish a macro price bottom after the initial shock.
He went on to say that it hasn’t even been 11 days since FTX stopped trading.
In the meantime, another expert by the name of Il Capo of Crypto suggested that the market was ready for a “final surrender” and that it may occur sooner rather than later.
In a series of tweets, he predicted that this would occur in the shape of a “bull trap” first, followed by a forceful rejection that would cause the market to reach new lows.
According to him, the decline in value of cryptocurrencies would equal to “40-50 percent on average.”
The well-known trader Crypto Tony was concerned that on shorter timescales, even the lowest weekly close in two years would not be enough to act as support for the price.
He commented on the recovery from $15,780 intraday lows by saying, “Nice breakout, but if we cannot hold the swing low at $16,400 then this was just a fake out and we wait for a test lower.” This was in reference to the price of bitcoin.
The decision was made when Elon Musk, the CEO of Twitter, came out in favour of the action.
In a discussion taking place on Twitter at the time, he stated: “BTC will make it, but it could be a hard winter.”
A further short-term price catalyst came about as a result of the largest exchange, Binance, deciding to establish a dedicated recovery fund with the intention of assisting businesses in remaining protected.
The focus this week is on the connection between stock prices
The situation in the world outside cryptocurrency provides more evidence that FTX has been a “black swan” event for the cryptocurrency sector.
While Bitcoin and other cryptocurrencies were busy suffering losses of over 25% in a matter of days, stock markets in the United States were able to recover from losses sustained earlier in the month.
As a consequence of this, the research firm Santiment notes that there is a clear divergence occurring between Bitcoin and risk assets, and this is helping to break a correlation that has persisted throughout the course of the previous year.
“As the trading work week closes, the week’s story is the distinct separation between crypto (after FTX’s fall from grace), and equities,” it summarised in a tweet last week: “As the trading work week closes, the week’s story is the distinct separation between crypto (after FTX’s fall from grace).”
“A bullish divergence is forming between the $BTC market and the SP500,” the author writes, “should $BTC traders’ trust recover after unfortunate events.”
A analyst on financial markets named Holger Zschaepitz also pointed out that the performance gap between Bitcoin and the Nasdaq has been growing.
“Gap in weekly performance of tumbling Bitcoin, Nasdaq’s greatest rise since 2020,” A portion of fresh comments that were viewed on the day read as follows: “The crypto world shrunk to the equivalent of 1% of global stocks.”
As the strength of the US dollar makes some wild fluctuations of its own, this lessening connection may come at an opportune moment from a macroeconomic point of view.
Following an unsuccessful attempt to rebound past 107 prior to the opening of trading on Wall Street on November 14, the U.S. dollar index, also known as the DXY, indicated that risk assets should increase as a result.
Any rebound towards recent highs, on the other hand, might cause the picture to quickly take on a totally different appearance.
Despite this, the DXY index returned to support after testing it for the first time since the middle of August after reaching intraday lows.
However, in a commentary on the performance over a longer period of time, the well-known trading firm Stockmoney Lizards stated that DXY had broken a parabolic curve that had been in place since 2021.
A portion of the comments on Twitter added, “Correction will be beneficial for Bitcoin.”
As mining sales stall, “buy the dip” frenzy sweeps the nation
Not everyone is sitting still, despite the fact that many existing holders are attempting to withdraw coins from exchanges or are trying to figure out how to minimise their losses.
On-chain data reveals that when BTC/USD hit multi-year lows last week, investors of all sizes took advantage of the chance to “buy the dip” and increase their holdings of bitcoin.
The on-chain analytics company Glassnode reported that there was a significant rise in the number of wallets holding between one and ten BTC.
The “mega whales” of Bitcoin, who make up the largest group of Bitcoin holders, appear to be following the same pattern as other Bitcoin holders. According to the data provided by Glassnode, the number of these organisations that have a wallet balance of 10,000 BTC or more has recently reached almost 130.
Crypto Rover, a popular social media commentator, responded to the news by saying, “Whales are accumulating at a pace never seen before.”
Miners, on the other hand, are a group that are most definitely not in accumulation mode at the moment. Even after a significant decrease in their reserves the previous week, the amount of Bitcoin held by miners that are tracked by CryptoQuant is continuing to go down.
As of the time this article was written on November 14, miners’ reserves had decreased to 1,853,606 BTC, down from a total of 1,858,271 BTC on November 8.
In spite of this, reserves are still higher than they were at the beginning of 2022, and recent sales amount to a negligible portion of miners’ overall position.
The results of the sentiment analysis provide a glimmer of hope
As was to be expected, the general sentiment of the cryptocurrency market as a whole took a significant hit as a result of FTX; however, is the situation really that dire?
The Crypto Fear & Greed Index suggests that the industry may be taking the recent string of negative news in stride, despite the fact that this may be the case.
Over the course of the weekend, the Index’s score dropped to a local low of 20/100, firmly establishing “extreme fear” as the prevailing sentiment in the market.
This represents a drop of fifty percent from the high point of forty out of one hundred, which was seen on November 6 and marked a sentiment high point for the past three months.
Despite this, 2022 has produced significantly lower scores, with the Fear & Greed index reaching a mere 6 out of 100 by the end of the year.
Even a fresh 50% drop from current levels would only take sentiment to the area that normally marks macro price bottoms for BTC/USD, which is around 10/100. This would be the case even if further fallout were to take place.
3 Key Crypto Price events to watch in the wake of the FTX and Alameda Debacle – The record-low volatility that Bitcoin (BTC) had been displaying up until the beginning of this week allowed altcoins the room they needed to paint some attractive technical setups. This volatility was demonstrated by Bitcoin (BTC).
At the same time, on-chain statistics and technical analysis were beginning to imply that Bitcoin was halfway through carving out a bottom, and many analysts anticipated that better days were ahead of the cryptocurrency market.
A quick jump ahead in time reveals that the surge in market volatility that was experienced was in fact a “black swan” occurrence.
You are aware that FTX is dead at this point.
There is no hope for Alameda Research.
BlockFi has halted withdrawals, claiming that it is unable to “operate as usual.” As a result, the company is “pausing client withdrawals as allowed under our Terms,” which leads one to believe that the business itself has come to an end.
The infection is rapidly spreading, and the shrapnel from this Krakatoa-level disaster is certain to reverberate across the entirety of the cryptocurrency ecosystem.
At this time, it is difficult to make a confident short-term investment thesis for assets by simply looking at the chart. The best thing that uncertain investors can do is either stick to a plan that has been proven effective in the past or do nothing at all.
The most likely consequence in the immediate term is that volatility will stay high, and the values of cryptocurrencies will continue to fluctuate erratically for some time.
Although no one enjoys dwelling on the potential adverse outcomes that may be in store for the crypto industry and cryptocurrency prices in the near future, it is the duty of every investor to give serious consideration to the possibility of the most catastrophic outcomes and to have a backup plan ready to implement.
In this way, you won’t get into a panic when things start to really go wrong.
The following are a few things that you should be on the lookout for in the days ahead.
USDT/USD vs. USDC/USD
Stablecoins can occasionally detach themselves from their dollar anchor when market conditions are extremely volatile. Stablecoin prices can sometimes rise above $1.00 as traders seek refuge in assets fixed to the dollar in the event that there is widespread fear, uncertainty, and doubt (FUD) that Bitcoin will be banned, hacked, or die.
Sometimes, when crypto black swan events occur, Tether (USDT) is unable to maintain its dollar peg. It has occurred in the past on a number of occasions, and once the dust settles, it has typically returned to its normal 1:1 peg.
According to the data provided by TradingView and Coinbase, the USDT/USD pair broke below its dollar peg on November 9, reaching a low of $0.97 at one point during the day. While the value of USDT fell below its peg, the value of USD Coin (USDC) skyrocketed to $1.01.
Twitter is a good place to look for unsubstantiated rumours about Tether and Alameda Research. We won’t go into the unconfirmed reasons why there was a dislocation between the two, but you should have no trouble finding the rumours there.
Because panic can be easily caused by false information, rumors, and lies, the fact that the rumours about Alameda/Tether are completely false does not make a difference in this situation. This is an important point to keep in mind.
If it becomes widely known on social media and frightens investors, those investors will take action, which in this case means that many of them will or are already in the process of exchanging their USDT for USDC, Bitcoin, or one of the other stablecoins.
During the implosion of both Terra and Celsius, behaviour that was comparable was seen. According to statistics compiled by TradingView and KuCoin, on May 12, the price of USDC rocketed up to $1.06–$1.19 from its previous level of $1.00. On the same day, the value of USDT saw a temporary decrease to $0.98 and then again to $0.94.
When the price is all over the place and there are spreads between exchanges, converting stablecoins becomes expensive, and the process of exchanging one cryptocurrency for another or switching from an alternative cryptocurrency to a stablecoin can be frustrating.
The dollar peg between USDT and USDC is something that should be monitored closely.
Bitcoin price expectations
The significant price drop that occurred on November 8 finally broke Bitcoin’s price range of the previous 146 days, which saw the price move between $18,600 and $24,500.
This is a significant range break, and from the standpoint of technical analysis, if the price is unable to recapture this range and there is increased selling, the price could slice through the volume profile gap and find support in the range of $11,000–$12,000. [This] is a significant range break.
Even if it’s unpleasant, that’s just the way things are right now.
At the very least, the price will be back in its previous range, which is something to look forward to, and this would be a positive sign. If Bitcoin is successful in reclaiming and maintaining the $18,000 handle, this would be a positive sign.
A quick look at the chart for Ether (ETH) reveals a situation that is very similar, in which the price of Ether fell out of its 148-day range of stability between $2,000 and $1,250, but it has already reclaimed the previous range.
Bearish traders have a downside goal in the area of $700, but it’s fascinating to note how the price has rallied to trade back around $1,250. Bearish traders have a downside target in the range of $700.
The market is looking for a foundation that is more stable
Because of their exposure to FTX and Alameda research, a significant number of crypto-focused businesses and investment groups currently have some gaps in their own balance sheets.
A small number of these local crypto firms also hold considerable quantities of a variety of alternative cryptocurrencies and decentralised finance (DeFi) tokens. It is possible that a number of these BTC, altcoin, and DeFi token stashes will find their way to being market sold on spot exchanges in order to recoup the current losses, make good on their own loans, and meet their obligations to their customers. This would allow them to meet their obligations to their customers.
Alternate cryptocurrencies have already suffered significant losses, and some of them are quite illiquid. This means that a sudden rise in the number of people selling them might exert tremendous downward pressure on the price.
Before investing in what appear to be once-in-a-lifetime dips and cycle bottoms, investors should do some research and take a closer look at who some of the majority holders of the token or project are. They should also keep in mind that the effects of FTX’s multibillion-dollar implosion have not yet been fully felt throughout the industry.
Before making any kind of investment in cryptocurrencies, you should do your homework and conduct some kind of investigation beforehand.
Big Smokey, writer of “The Humble Pontificator Substack” and resident newsletter author at Cointelegraph, is the author of this particular newsletter. Every Friday, Big Smokey will publish articles on the market that include market insights, trending how-tos, analyses, and early-bird research on potential emerging trends in the cryptocurrency market.
The author is the only person responsible for the views and opinions presented in this article; they do not necessarily represent the viewpoints of Cointelegraph.com. You should always do your own research before making a choice, since there is an element of risk involved in any investment or trading action.
$3 billion in Bitcoin left exchanges this week amid FTX Contagion fears – Bitcoin (BTC) investors have been taking their money out of exchanges at a rate that hasn’t been seen since April 2021. Over the course of the past week alone, approximately $3 billion worth of Bitcoin has been taken out.
According to recent findings from the on-chain analytics company Glassnode, the number of wallets reaching the milestone of receiving BTC from exchange addresses on November 9 reached approximately 90,000.
Users of Exchange are awoken to the reality of self-custody.
Users of exchanges are becoming increasingly concerned about the safety of their assets amidst the continuous upheaval caused by the bankruptcy of a prominent exchange known as FTX.
Commentators have increased their recommendations that users steer clear of custodial wallets and take direct control of their cryptoassets, and regulators are ramping up their widespread scrutiny of the cryptocurrency industry.
On-chain statistics seem to indicate that a significant proportion of hodlers have switched to non-custodial wallets over the course of the previous week.
On November 9, the number of addresses withdrawing Bitcoin experienced a sharp increase, which caused it to surpass the daily highs seen in May and June of this year, which was the time period during which Bitcoin price action last encountered significant downward pressure.
The number of withdrawn addresses continued to exceed 70,000 as of November 12, the most recent day for which data is currently available.
The same Glassnode data shows that there were an average of over 3,000 addresses withdrawing their funds each hour in the week leading up to November 13.
It’s possible that BTC reserves don’t tell the complete story
The data are consistent with what seems to be a fast decrease in BTC reserves across the major trading platforms.
Despite the fact that the rate of decline suggests that it may be difficult to confirm the true balance tally at the present time, data from a fellow on-chain analytics resource called CryptoQuant indicates that overall exchange reserves have reached their lowest level since February of 2018.
CryptoQuant monitors a total of 38 different exchanges, some of which have been rumoured to be experiencing financial difficulties, such as FTX and Kucoin.
Another chart, this one from Coinglass, indicated that there were 177,000 BTC in weekly withdrawals up until November 13; at the price that bitcoin is trading at right now, this equates to approximately $3 billion in US dollars.
However, the senior analyst at Glassnode known only as Checkmate pointed out three exchanges in particular with what he referred to as “particularly weird” Bitcoin balance readouts. These exchanges were Huobi, Gate.io, and Crypto.com.
In the final post of a discussion that was entirely devoted to the subject, he made the observation that “Exchange balances are best estimate based on wallet clustering.” They are more likely to be an estimate of the lowest possible value than an overestimate.”
“These capital transfers between exchanges involve both genuine consumers and FTX/Alameda,” the author writes. “Difficult to distinguish, hence appearing to be related to one another,” he added.
In the meantime, Michael van de Poppe, founder and CEO of trading firm Eight, was predicting how the current scenario may play out, and he said that it was likely not yet over with the worst of it.
On the weekend, he shared with his Twitter followers the following prediction: “probably we’ll have more issues with exchanges coming weeks, but probably also a tonne of gossip.”
“Stay cautious, remain cool, and avoid making decisions based on your emotions. We’re in a horrible spot, but the cryptocurrency industry will emerge even stronger from this.”
According to the data provided by Cointelegraph Markets Pro and TradingView at the time of writing, the BTC/USD exchange rate was hovering around $16,500.
After the $5.7K Bitcoin price drop, hodlers are still holding 50% of the available BTC supply – This week, Bitcoin (BTC) is setting records that are not to be envied, and hodlers of all sizes are feeling the pain as a result.
Over one-third of the Bitcoin supply is currently being held at a loss by long-term hodlers (LTHs), which marks a new all-time high according to data provided by the on-chain analytics firm Glassnode.
Those that keep positions for the long term are bearing huge unrealized losses
In recent days, there has been a significant decline in profitability, and data from on-chain transactions confirms that even the most seasoned investors are experiencing difficulties.
Investors began to suffer significant losses when the BTC/USD exchange rate dropped to depths not seen in two years, which were $15,600, and the situation is not significantly improved at the current price of $17,200.
According to Glassnode, LTHs held 35.4% of the BTC supply, which is equivalent to over 5.9 million coins, at a loss on November 9. This number decreased by only 1% the following day, November 10.
On November 9, short-term holders (STHs) controlled another 17% of the supply at a loss, while short-term investors who were profitable accounted for just 0.06% of the supply.
When determining whether a wallet address belongs in the LTH or STH category, we look at how long the address has been used to store coins: longer than or shorter than 155 days.
As a result of the COVID-19 crash, the total number of Bitcoin addresses that are profitable as a whole is currently at its lowest level since March 2020. This figure stands at 50%.
BTC/USD experiences a trend line crossing that has never been seen before
Other on-chain metrics shed light on how profitability has been able to drop to such an alarmingly low level.
Related: the price of bitcoin jumps by $1,000 in minutes as the yen suffers a fresh 2% loss of value
Bitcoin’s 200-day moving average (MA) has reportedly dropped below its 200-week counterpart for the very first time, as reported by data from Cointelegraph Markets Pro and TradingView. This is a first in the history of the cryptocurrency.
To put it another way, the price of Bitcoin over the past two hundred days, when measured in relative terms and compared to historical patterns, has been unusually low.
Popular Twitter analytics account TXMC Trades remarked, “That’s a new one,” in response to the new tweet.
According to a report from Cointelegraph, the 200-week moving average is a crucial price line in the sand that denotes the beginning of a bear market; however, Bitcoin has violated this line on a consistent basis this year.
Despite this, the trend line has never been seen to move in the opposite direction and is currently climbing higher.
England vs Japan: Kick off Time, How to watch, Team News – On Saturday, England will play Japan in their second encounter of the Autumn Nations Series, and they will be aiming to quickly recover from the shocking loss they suffered at the hands of Argentina.
A sluggish, sloppy, and ill-disciplined performance in the rain at Twickenham led to a 30-29 upset, which was the Pumas’ first win of any kind over England since 2009 and their first on English soil for some 16 years. Eddie Jones’ side got off to the worst possible start to their four-game November campaign. The Pumas’ victory was their first on English soil in some 16 years.
Jones accepted full responsibility for a performance that saw his vaunted attack mostly misfire, and he admitted after a fifth Test loss of 2022 that his side let their focus drift early to next year’s World Cup. Jones’s side lost the match, which came at the beginning of the year.
Even though the Brave Blossoms are travelling to London looking to take advantage of any remaining rustiness, he will hope to get firmly back on track here against the team he coached to what is arguably rugby’s greatest upset against the Springboks in 2015. He led that team to victory in 2015.
Japan was competitive against France in the summer after a series win over Uruguay, and they gave a makeshift All Blacks side a stern test in Tokyo last month, ultimately falling 38-31 despite a typically spirited showing. This came after Japan had been competitive against France in the summer.
Date, starting time, and location of the event
The match between England and Japan is scheduled to begin at 3:15 p.m. Greenwich Mean Time (GMT) on November 12, 2022.
The fall test match will be held at Twickenham Stadium, which is located in south-west London.
How to watch the match between England and Japan
TV channel as well as live stream: The match on Saturday will be shown live in the United Kingdom on Amazon Prime Video.
The Amazon Prime Video app is available for download on a variety of platforms, including smart televisions. At the moment, a monthly subscription to the service costs $8.99 in the United Kingdom.
You are able to keep up with everything that is happening in England on Saturday by reading the match blog provided by Standard Sport. Nick Purewal, a rugby journalist, will provide expert insight live from Twickenham.
Team news for England’s match vs Japan
Jones makes five changes to the England team that was stunned by Argentina. Alex Coles, Billy Vunipola, Ben Youngs, and Manu Tuilagi all drop to the bench, and Joe Cokanasiga is not even included in the matchday squad despite scoring a try the previous weekend.
In his first test, David Ribbans will make his debut in the second row, taking the place of his Northampton teammate Alex Coles, while Sam Simmonds will start at No. 8. Jack van Poortvliet has been given the position of scrum-half, and Guy Porter has been given the position of 13. The 10-12 axis of Marcus Smith and Owen Farrell has been maintained for the time being. After missing the previous year due to an injury, Jonny May has made his return to the wing position.
As part of England’s continued efforts to monitor Manu Tuilagi’s fitness, the centre will start the match on the bench against Japan.
Gerhard van den Heever, who was born in South Africa, will start on the wing for Japan in place of Siosaia Fifita. This is the only change that will be made to the team that competed against New Zealand, which was coached by Jamie Joseph, who is from New Zealand.
England vs Japan lineups
England XV: F Steward, J Nowell, G Porter, O Farrell (capt), J May, M Smith, J Van Poortvliet, E Genge, L Cowan-Dickie, K Sinckler, D Ribbans, J Hill, M Itoje, T Curry, S Simmonds.
Replacements: J George, M Vunipola, J Heyes, A Coles, B Vunipola, B Youngs, H Slade, M Tuilagi.
Japan XV: Yamanaka, Matsushima, Riley, Nakamura, Van den Heever, Yamasawa, Nagare, Tatafu, Himeno, Leitch, Cornelsen, Dearns, Koo, Sakate (capt), Inagaki.
Replacements: Horikoshi, Millar, Kizu, Van der Walt, Labuschagne, Saito, Lee, Fifita.
England vs Japan officials
Referee: James Doleman (NZR)
Assistant Referee 1: Nic Berry (RA)
Assistant Referee 2: Craig Evans (WRU)
TMO: Eric Gauzins (FFR)
England vs Japan prediction
Depending on your point of view, the current situation in England is either very favourable or quite unfavourable.
In spite of the fact that they played poorly at times against Argentina, they will undoubtedly be hungry to bounce back in emphatic fashion this coming Saturday at Twickenham.
The likes of the darting Van Poortvliet and the wily May will bring a much-needed dose of pace in the backs, and Simmonds adds genuine dynamic power from the base of the scrum.
Japan are obviously not easy opponents, as they shown when they played New Zealand, but they are going to face an England squad that is aiming to make a statement before the All Blacks and the Springboks arrive to town on consecutive weekends.
England is concerned about Harry Kane exhaustion as the World Cup approaches – When Gareth Southgate investigates the specifics of Harry Kane’s exhaustion problems, his anxiety levels are going to rise by a few of notches.
Because Harry Kane, who is 29 years old and plays for Tottenham, has never suffered from an injury, the England manager will have had no concerns whatsoever about picking Kane as his World Cup captain today.
When Southgate sees how broken Kane is, though, his heart will start to race a little bit quicker than usual. During the hectic buildup to the World Cup in Qatar, Antonio Conte had pledged that he would find a way to give Harry Kane some time off every once in a while.
Instead, Kane has started every single game that Tottenham has played this season, making him the only player to accomplish what is now considered an undesirable achievement. That is 21 games in only 71 days, with a possible 22nd encounter in three days’ time in the last Premier League showdown before the World Cup, which will be played at home against Leeds on Saturday. Kane has also logged the most minutes (1,847 to be exact) of any player in the premier league so far this year.
Spurs were eliminated from the Carabao Cup after suffering a lacklustre 2-0 defeat at the hands of a much revamped Nottingham Forest side at the City Ground. Kane’s performance was, at best, sluggish. Even if it was later disclosed by Conte that Kane had pulled up in training on Tuesday owing to exhaustion, Spurs’ taskmaster manager praised his prolific striker and called him “a nice guy” for participating.
Out of pure responsibility, Kane would always make himself accessible to anyone who needed him. However, it’s possible that Conte failed to exercise his own duty of care. It’s possible that Kane’s withdrawal from training due to exhaustion was his way of requesting that he not play against Forest.
Kane is, without a doubt, making a very good living off of his time spent with the Spurs. This week, of course, he is also being tracked by the club clock. It is in absolutely no one’s best interest for Kane to experience any type of fitness problem, or even worse, an injury problem, during this particular week out of all the weeks.
It is easy to understand why Kane kept to himself at Forest, but this behaviour rendered the entire endeavour in which he participated to appear to be an unnecessary risk. Just 11 days from now, England will kick off their campaign at the World Cup by taking on Iran.
Therefore, Kane has fewer than two weeks to compete against Leeds, go to Qatar, fulfil all of his beforehand obligations with the national team, and also find time to relax. Let us keep our fingers crossed that England provides its talisman with a lie-flat seat for the duration of the seven-hour travel.
The gruelling preseason that Conte put the Spurs’ players through was supposed to be the physical preparation equivalent of putting money in the bank for the second half of the season.
However, as Kane manoeuvres through these final few days of the Premier League, he might need a boost of energy right about now. At Forest, where Renan Lodi and Jesse Lingard scored the goals that eliminated Spurs from the League Cup, neither Richarlison nor Dejan Kulusevski were able to prove that they were fit enough to start for their team.
Conte believes that both players will be ready to start against Leeds, but given that Kane has started every game since the beginning of the season, it seems doubtful that he will not be involved in some capacity on Saturday. When it comes to demonstrating to club boards the value of having a deep roster through player selection, Conte has a wealth of experience. Surely, starting Kane against Forest was not an example of this kind of decision.
The Italian has made it very obvious that he wants Spurs to go out and acquire some additional players in the month of January. However, Spurs’ offensive stockpile is far from depleted. Richarlison and Kulusevski started in place of Heung-min Son and Lucas Moura, who both had to miss the game due to injuries. Kane is the shining star of that offence, and it will never be easy to find another striker of comparable calibre who is also ready to fill in for the England captain.
Everyone who supports England, including Southgate, will be holding out hope that the red zone in sports science will be the factor that tips the scales in their favour. The goal of conditioning coaches all around the world is to limit the risk of injury by carefully analysing the data provided by their athletes. That red zone represents the moment at which a player’s cumulative performance over the course of a certain amount of time puts them in danger of being harmed.
Scientists at Tottenham will be on top of this situation, and they must have determined that Kane’s levels are safe because they fall within the required range. Spurs will not take any chances in this situation, despite the fact that Kane is showing signs of severe exhaustion less than a week before England’s World Cup opener.
The FTX earthquake affected Ledger hardware wallets, according to the CTO – According to the chief technical officer for the company, the hardware-based cryptocurrency wallet provider Ledger has encountered some problems as a result of significant withdrawals of funds from cryptocurrency exchanges during the FTX slaughter.
On November 9, Ledger’s CTO Charles Guillemet said in a statement that the company’s platforms had “huge utilisation,” which resulted in “a few scalability difficulties.” Ledger also suffered from “a few scalability challenges.”
Guillemet based his analysis of Ledger’s problems on the consequences of the continuing crisis that has been plaguing FTX, which is a prominent worldwide cryptocurrency exchange. According to the CTO, cryptocurrency investors have been progressively moving their assets from cryptocurrency exchanges to Ledger. He stated that this trend may be explained as follows:
” In the wake of the FTX earthquake, there has been a significant migration from exchanges toward ledger security and self-sovereignty solutions.
According to Guillemet, Ledger should have been able to fix the issues by 5:30 am UTC on Tuesday.
On November 9 at about 11:00 pm UTC, Ledger made the formal announcement that the server performance of its hardware wallet interface application Ledger Live had degraded. This was the first time that Ledger has revealed problems with their wallets.
The FTX earthquake affected Ledger hardware wallets
Ledger stated via a tweet that “Specific challenges may vary, including connecting to the My Ledger page and doing a Genuine Check,” but that the client’s funds were not at risk.
Following the discovery of the problem, the business that makes hard wallets sent an announcement on Twitter stating that it has resolved the server issue within around an hour. Ledger stated that their server outage had been repaired and that all of their systems were now operational. He added that their server issue had been resolved and that all of their systems were now working.
Earlier, Ledger Support also notified that it temporarily suspended FTX and FTX.US exchanges on Ledger Live. This was done as a precaution. In July of 2022, Ledger began integrating FTX’s exchange platform into its own.
Because of the disruptions, some users were unable to send any transactions using Ledger Live, including withdrawals, according to a thread that was posted on Ledger’s Twitter account.
The cryptocurrency community was quick to respond to the challenges, despite the fact that many people maintained their confidence in Ledger’s operations despite the bigger market problems. In the midst of the continuous problems at FTX, several analysts of the industry pointed the finger of criticism towards Ledger, saying that they used the incorrect language to communicate with their clients. It would appear that some individuals were angered by the phrase “assets are secure” that was used by Ledger, since FTX creator Sam Bankman-Fried made a similar comment on Twitter on November 7, but then deleted it the next day.
“FTX works just well. Just a few hours before the cryptocurrency exchange ceased allowing any withdrawals, Bankman-Fried announced in a tweet that all assets were in good shape, despite the fact that it had been unable to conduct transactions involving cryptocurrencies.
The most recent problems with Ledger Live occurred during one of the “biggest traffic days ever,” according to the Ledger CTO, who spoke with Cointelegraph. “Traffic has increased significantly over time, even without major industry events,” he noted, adding that Ledger had previously seen plenty of traffic spikes after Celsius filed for bankruptcy, the Solana hack, and the FTX bank run. “Traffic has increased significantly over time, even without major industry events,” he noted.
Guillemet additionally stated that Ledger Live saw a “extraordinary load on the device manager service,” which can most likely be attributable to individuals upgrading their gadget for the first time in a while or utilising a brand new device for the very first time. He went on to say that the issue was promptly rectified, and that the team is now hard at work on automated detection and restoration.
According to Trezor executive Josef Ttek, who spoke with Cointelegraph, the major competing cold wallet service Trezor has not yet seen any problems as a result of the troubles with FTX. The executive made the following statement: “The only way to avoid these major blow-ups is to grasp that self-custody is a need.” He added, “This is not a choice; it is an absolute prerequisite.”
Even though self custody comes with its own unique set of hazards, many professionals in the cryptocurrency industry, such as Paolo Ardoino, CTO of Bitfinex and Tether, continue to advise customers to “always self custody in cold storage” if they want to save their Bitcoin (BTC) and other cryptocurrencies.
Chelsea Player Ratings: Koulibaly’s Miserable night is made Better by Lewis Hall = Manchester City defeated a dejected Chelsea squad that is counting down the minutes till the World Cup break. Riyad Mahrez’s free-kick and Julian Alvarez’s far post tap-in were the goals that led Manchester City to victory. Lewis Hall had a strong performance.
The Blues got off to a strong start in an even Carabao Cup match at the Etihad Stadium, generating multiple openings, but they ended up missing their opportunities.
At the opposite end of the field, they were prone to making mistakes after halftime, as seen by Edouard Mendy becoming confused by his own wall and failing to jump for Mahrez’s free-kick.
Edouard Mendy, position 6
After Julian Alvarez caught him in possession by preventing his long kick, he appeared to be in a precarious position early on. In the 41st minute, Grealish made a magnificent stop for the team.
His shot-stopping was fantastic, and he made two key stops early in the second half, both of which were on Grealish. When Mahrez took his free kick, there was some uncertainty since he thought the wall should have jumped to prevent the shot, but it didn’t.
Trevoh Chalobah – 5
Since Wesley Fofana suffered his injury on October 5, Chalobah has not missed a single minute of action for Chelsea. He did appear to be a little more lanky than normal and struggled to put up a patchwork defence. After putting forth so much effort to play every week, perhaps something had to go. In the 68th minute, he was ultimately taken out of the game to get some much-needed rest.
Kalidou Koulibaly – 4
Despite the fact that this was only his second game back in action since his recent injury, he struggled to make convincing clearances and tackles early on. His blunder might have resulted in an own goal, and the hefty tackle he made outside the area on Jack Grealish could have resulted in a harsher penalty. Played Alvarez onside despite having bad placement for his attempt in the 29th minute.
Because he did not leap while he was in the wall, perhaps at blame for the goal scored by Mahrez on a free kick. The goalie was caught off guard when the ball settled in the back of his net, and it appeared to have confused him.
Marc Cucurella – 6
After Man City spent the whole summer trying to sign Cucurella, he finally showed them what they had been missing with a confident performance. The importance of his usage of possession became clear when Guardiola began to press him on his left side. Made a crucial tackle early in the second half on Mahrez, preventing the opponent from scoring and rescuing teammate Mateo Kovacic in the process.
Despite this, he was still caught out of position for City’s second goal, which was scored following a shot by Mahrez from his team’s side.
Ruben Loftus-Cheek – 6
In the never-ending drama of trying to cover for Reece James’s absence, he is now playing right wing-back. The fantastic move that Loftus-Cheek executed in the 13th minute almost resulted in the first goal being scored by his team. He was extremely busy defensively, yet he executed his tasks with dignity and self-control anyway.
Mateo Kovacic – 6
He wore the armband of the captain and led the squad by maintaining his cool in the middle of the game. Almost never gave the ball away and found a way to set up Christian Pulisic for a massive opportunity early on.
Denis Zakaria – 6
It was a disappointing performance from him in the middle of the field, and he was unable to have the kind of significant impact on the game that he did in his debut the week before against Dinamo Zagreb. In the 68th minute, a replacement was made.
Lewis Hall – 7
The young player, who was only making his second appearance for Chelsea, found himself in a struggle with another player who was born in the same year as him, 2004-born Rico Lewis. The younger player, who was just 18 years old, won the battle. After 12 minutes, demonstrated excellent ball control to earn a free kick with his performance. Midway through the first half, it was unlucky for him to be caught in possession, but Manchester City squandered their opportunity to punish Chelsea.
His distribution was consistent throughout, and the incisive pass he played in the 34th minute was a prime example of this. After being on the end of a counterattack led by Pulisic, almost did everything right to score, but Ortega made a great stop on the shot they took.
Hakim Ziyech – 6
The Moroccan has played less minutes for Chelsea this season than any other senior member of the club, but he provided a cross in the thirteenth minute that almost resulted in Pulisic scoring the team’s first goal.
He was basically terrible throughout the match, but he did pull off the play of the day when he turned on the touchline to intercept a weak ball by Loftus-Cheek and open up a huge opportunity for Hall.
Armando Broja – 5
An early hard shot that went both high and wide was one of the first things you did in the opening ten minutes. His straight running caused Potter some headaches on Saturday, but it was not enough for him to decide to bench Pierre-Emerick Aubameyang for the game.
Christian Pulisic, score of 5
After Ziyech’s cross, a promising early opportunity was wasted, and a defender was also able to get a touch on the ball. After dribbling for about 40 yards, he took his second shot and delivered a much stronger effort, but Stefan Ortega made a good stop on his first attempt. Late in the first half, with to his pace on the break, he almost managed to break the tie with Hall. He played left wingback till the end of the game.
Cesar Azpilicueta – 6
In the 85th minute, he made a wonderful cross, but neither Kai Havertz nor Pulisic were able to capitalise on it. He accomplished this while playing centre defence and attempting to press for goals late in the game.
Conor Gallagher, score of six
He was a more offensive alternative than Zakaria and helped Chelsea push for goals late in the game, although he did not completely change the game.
Mason Mount – Number 7
His dexterity between the lines allowed Chelsea’s fast runners to overlap and generate opportunities for the team. It was effective to some degree, but not to the amount that was required. In the 88th minute, following a fantastic first touch that saved Gallagher’s shanked effort, there was a close call for a goal. After a flurry of shots at the end of the game, the ball ended up in the back of the net; however, an offside call was made.
Raheem Sterling – 6
On his first appearance back in the north-west after departing throughout the summer, Sterling received applause and cheers from the locals. It was a hero’s welcome for a player who has been a winner on this pitch for an extended period of time. He was neat with the ball and eager to contribute to his present team, but he missed the one major opportunity that Havertz set up.
Kai Havertz – 7
After being brought in as the final sub, he immediately missed his attempt from 25 yards out. In the dying seconds of the game, he delivered a decisive assist by producing a lethal cross that Sterling, of Man City, would have finished off, but Chelsea’s players were unable to do so. In light of his impact in the game’s last ten minutes, it may be argued that he should have entered the game earlier.