🏦 @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 holdings of BTC investment vehicles has reached a new all-time high, surpassing 1.1m BTC.
May has seen solid net inflows of 32,690 BTC, offsetting the net outflows from April — link
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📊 The difference between FDV and circulating market cap for the CMC top 100 tokens totals $250 billion. 22 tokens account for 90% of this, with WLD alone representing 19% — link
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📣 All time high TVL for Ethereum layer 2's — link
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💰 The percentage of Bitcoin held for 3 years or more has hit a new ALL-TIME HIGH
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💰 Bitcoin transaction fees are at their lowest since early November 2023, averaging 💵 $2.77
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💰 Bitcoin’s market capitalization is approaching 10% of gold’s, currently 8.4%. Bitcoin is currently valued at $1.4 trillion compared to gold’s $16 trillion market cap — link
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🪙 Grayscale’s ETHE discount to NAV hits lowest level since 2021 amid growing optimism for Ethereum ETF approval — link
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💰 The share of Bitcoin traded during US hours (13H-20H UTC time) reached an all-time high in 2024, accounting for 46% of the cumulative volume in April. The data suggests this could be linked to the launch of the spot ETFs in January — link
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🔵 ERC-4337 accounts on Base generated 47% of all UserOps last week, making it the top chain by UserOp quantity.
Polygon still beats Base in terms of the number of unique accounts that are active every week — link
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💰 On May 17th, U.S. spot Bitcoin ETFs saw +$221.4m net inflows — link
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🇺🇸 According to 13F reporting, 937 professional firms were invested in U.S. spot Bitcoin ETFs as of March 31. In comparison, gold ETFs had 95 professional firms invested in their first quarter.
Retail owns a majority of the float. Professional investors held exposure of $11.06bn by the end of Q1, representing 18.7% of the BTC ETF AUM — link
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💰 Bitcoin’s 90-day correlation with US equities rose to 0.17 last week, after reaching a multi-year low of just 0.01 in March.
Overall, Bitcoin’s correlation with risk assets remains well below its bull market highs of over 0.6 — link
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🪙 Uniswap raised its swap fee from 0.15% to 0.25% in mid-April, affecting DEX activity, which dropped from 35.8% to 30% — link
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💰 Prior to the bitcoin ETFs the record speed for an ETF to reach $10b in assets was held by $JEPQ who did it in 647 trading days (nearly three years). $IBIT got there in 49 days, $FBTC in 77 days.
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📊 Daily active users (unique fee-paying addresses) for Bitcoin, Tron, BNB Chain, Ethereum, and Solana.
Tron (45%) and Solana (17%) have gained market share over the past two years, whereas Bitcoin, Ethereum, and BNB Chain have lost — link
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🪙 Ethereum nft trader count down 85% in 2 years — link
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🐳 Whales are buying Bitcoin anon, are you?
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❄️ TON has grown TVL much faster than peers in 2024 at 1500% — link
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🪙 Over 32m ETH is locked up for staking. That's 27% of ETH's total supply. At current prices, that's $121b
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🥇 98.5% of Bitcoin circulating supply in profit
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🔵 Base is the fastest-growing Uniswap deployment, with 1.1 million MAUs and ~30% market share — link
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💰 Bitcoin exchange reserves fall to al time lows of 1.7M
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🥇 CryptoQuant CEO predicts Bitcoin bull run until April 2025.
According to CEO Ki Young Ju, Bitcoin is currently in a strong bull market cycle with market value growth outpacing realized value. Potentially ending in April 2025.
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🪙 Ethereum mainnet NFT trading volume down 66% in 2 months ($30m > $10m) — link
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📊 With a 34% increase since last week in Daily Transaction Count, Arbitrum flipped Base to reach the first position — link
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💰 Coinbase records third-largest Bitcoin outflow of 2024, totaling nearly $1 billion
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🔵 Amidst the pause in DAI demand, Aave overtook Maker as the largest lending DeFi protocol in early 2024 — link
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💰 3 Day Bitcoin Hashrate crosses 600 EH/s over the weekend
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💰 Bitcoin difficulty adjustment came in at a negative +5%
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