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A hypnotizing website tracks cryptographic transactions around the world.
The goal of Fiatleak is to show transactions taking place in real time, using data from a number of cryptographic exchanges, including Binance, Bitstamp and OKEx. A message on the site recently caught fire on Twitter.
Amazing to watch xrp transactions around the world @fiatleak good work pic.twitter.com/kVz6iqewlh
– xrptothemoon (@ xrptothemoon11) February 19, 2019
Although the site does not show the new fiat entering the market for the first time, it shows buyers and sellers performing cryptographic transactions by the thousands.
The site follows all the pieces of the top 10 and beyond.
• Bitcoin
• Ethereum
• XRP
• litecoin
• EOS
• Bitcoin Cash
• Attached
• Stellar
• Tron
• Binance piece
The CEO of Singapore-based hedge fund manager, Three Arrows Capital, recently presented his badysis on the amount of capital he thinks to stay out of the way, ready to enter the market for the cryptography.
According to Su Zhu, hedge funds and holding companies hold about $ 2 billion in cash. It is investing an additional $ 2 billion in Tether and other stable currencies that could quickly switch to Bitcoins and Altcoins. Finally, Zhu estimates the amount of fiat deposits held on cryptographic exchanges at $ 2 billion.
There is approximately $ 2 billion in cash in cryptographic funds / wallets. Theres another $ 2B + sitting in stablecoins, and another $ 2B sitting at exchanges / silvergate / signature.
This is a sum of $ 6 billion already included in the crypto to buy your bags. Imagine that we need new funds to reach $ 10,000.
– Su Zhu (@zhusu) February 18, 2019
Meanwhile, economist Alex Krüger offers his point of view on what is needed to trigger the next uptrend. In a new tweetstorm, Krüger explained that the revival of interest to private investors in cryptography was an absolute imperative to push the price of bitcoin above $ 4,200.
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Disclaimer: Daily Hodl's advice is not investment advice. Investors should exercise due diligence before making high-risk investments in Bitcoin, Cryptocurrency or digital badets. Please note that your transfers and transactions are at your own risk and that any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling crypto-currencies or digital badets, and the Daily Hodl is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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