🏦 @Blockchain_Crypto_Bitcoin 💎 Easy and Safe Login to the World of #Cryptocurrencies with the latest News, Updates and Fundamentals about CryptoCurrenices & Bitcoin Technology. 🌐 Partner: @CryptoWorldNews 💠 AdminContact: @SamInCrypto
BREAKING: 💰 7 Day Bitcoin Hashrate falls to 579 EH/s, down 11.3% from its pre-halving peak
@Blockchain_Crypto_Bitcoin
🪙 ETH supply is growing at its fastest daily rate since the Merge, as the amount of fees burned has plummeted following the Dencun upgrade — link
@Blockchain_Crypto_Bitcoin
🏦 Coinbase saw trade volume in Q1 more than doubled to $312 billion, with institutional volume increasing faster than retail, accounting for 82% share of the total — link
@Blockchain_Crypto_Bitcoin
📊 Data on ETH inflows from CEXes show Arbitrum One is the leading L2 for ETH deposits, accounting for 75% of all ETH inflows into L2s as of May 2024 — link
@Blockchain_Crypto_Bitcoin
🇺🇸 U.S. spot 💰 Bitcoin ETFs saw +$217.3m net inflows this Monday. Second consecutive inflow day for $GBTC — link
@Blockchain_Crypto_Bitcoin
📊 Safe witnessed an all-time high in most usage metrics in Q1’24. It's wallet product saw 1.6m monthly active accounts in Q1’24, up 181% QoQ and over 2.2m Safe smart accounts were newly created in Q1’24, up 124% QoQ — link
@Blockchain_Crypto_Bitcoin
💰 Grayscale (GBTC) Daily BTC Flows: +63.1m, first inflow since ETF conversion — link
@Blockchain_Crypto_Bitcoin
Tectum team showcases instant #Bitcoin payments using SoftNote. Mass Adoption is already here! Time to buy $TET
Tg Group is here!
🔵 Base is onboarding 50k-100k new crypto users a day, with approaching 9m users total — link
@Blockchain_Crypto_Bitcoin
💰 Approximately $175B worth of Bitcoin are now held by ETFs, countries, public and private companies — link
@Blockchain_Crypto_Bitcoin
🪙 Since the beginning of March, there has been a sharp rise in ETH staking outflows (dark blue) — link
@Blockchain_Crypto_Bitcoin
💰 TRX transfers and USDT transactions continue to represent the bulk of transactions on TRON, combining for over 76% of transactions in Q1 — link
@Blockchain_Crypto_Bitcoin
💰 "Bitcoin on-chain dynamics are decidedly positive" after the halving, with strong exchange outflows and record ETF inflows suggesting healthy market absorption, according to Bitfinex
@Blockchain_Crypto_Bitcoin
🟠 During Q1 DEX volumes on BNB Smart Chain hit quarterly highs not seen since Q4 2022. On average, there was $1.1 billion traded daily on DEXs — link
@Blockchain_Crypto_Bitcoin
🏦 @Blockchain_Crypto_Bitcoin
💎 Easy and Safe Login to the World of Cryptocurrencies with the latest News, Updates and Fundamentals about CryptoCurrenices & Bitcoin Technology.
🌐 Partner: @CryptoWorldNews
💠 AdminContact: @SamInCrypto
💰 Bitcoin price typically stagnates for a few months post-halving before a major price increase
@Blockchain_Crypto_Bitcoin
💰 Bitcoin Network hashrate has dropped by almost 100EH since the Bitcoin halving
@Blockchain_Crypto_Bitcoin
🔵 Base had 81 million Transactions last month, 30% of April's Total Transaction Count — link
@Blockchain_Crypto_Bitcoin
💰 Solana's daily new SPL tokens hit an ATH — link
@Blockchain_Crypto_Bitcoin
📊 More than 90% of stablecoin transaction volumes aren’t coming from genuine users according to Visa data filtering out bots and large traders.
@Blockchain_Crypto_Bitcoin
📊 TVL on L1s tends to be more concentrated than on L2s — link
@Blockchain_Crypto_Bitcoin
💰 Bitcoin whales accumulated 47K $BTC in the past 24 hrs.
@Blockchain_Crypto_Bitcoin
💰 Bitcoin miners feel the pain as hashprice dips to new all-time lows of below $45/PH/Day 📉
@Blockchain_Crypto_Bitcoin
📊 DeFi lending & borrowing protocols have seen a resurgence in activity.
Borrowing volume has grown almost 250%, from $3.3 billion in Q1 2023 to $11.5 billion by the end of Q1 2024 — link
@Blockchain_Crypto_Bitcoin
BREAKING: 💰 Hashprice reaches all time low of $46.55/PH/Day, down 74% from its post-halving peak! ⚡️
@Blockchain_Crypto_Bitcoin
💰 The share of Bitcoin perpetual futures traded during APAC opening hours (1am-8am UTC time) has increased to 26%, up from 21% in the months preceding the CFTC’s lawsuit against Binance in early 2023.
The share of trading during US opening hours has decreased slightly from 48% to 46% — link
@Blockchain_Crypto_Bitcoin
💳 New Visa dashboard shows that Solana💰 has significantly more stablecoin transactions than any other blockchain.
@Blockchain_Crypto_Bitcoin
🇺🇸 While the U.S. consistently accounts for the lion’s share of stablecoin purchases, global demand is increasing, with a diverse representation of nations and regions contributing to over $40 billion in purchases in March 2024 alone — link
@Blockchain_Crypto_Bitcoin
🔵 Base DeFi is continuing its climb upwards. TVL is now over $1.6B, nearly a 100% increase in 1 month — link
@Blockchain_Crypto_Bitcoin
💰 On the 20th, post-halving, ~$80M was spent on Bitcoin transaction fees. More than triple the previous all-time high — link
@Blockchain_Crypto_Bitcoin