🏦 @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 long-term holders’ supply in profit holds above 14 million BTC
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💰 Since the beginning of 2023, Bitcoin's 60-day historical volatility has remained below 50%, a stark contrast to the significant fluctuations of 2022, when volatility exceeded 100% — link
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🥇 GrayScale records total outflow of 340,601 $BTC in 2024
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💰 Bitcoin Spot ETF records total outflows of -$580M this week
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📊 USD-backed stablecoin continues to dominate the crypto market. Nearly 90% of all crypto transactions are executed using USD-backed stablecoins relative to the USD. Their average weekly volume in 2024 was $270bn which is 70 times higher than their EU counterparts.
In contrast, just 1.1% of all transactions are done using Euro-backed stablecoins. However, it is notable that this share has increased from near zero in 2020 and is currently at an all-time high — link
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💰 Bitcoin spot ETFs are stacking, round 2 of massive accumulation has commenced
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❄️ Fueled by Telegram's 900M user base, TON has driven its daily active addresses above Ethereum — link
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📊 The top memecoins as of May 29, 2024, combine for $57 billion in value, up 3.5 times from the same day a year prior and 4.8 times from the bear market low — link
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💰 Historically, Q3 has had the lowest volume by a significant margin, with cumulative BTC trade volume over 40% below the highest volume quarter — link
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💰 Solana saw nearly half a million tokens launched last month — link | tl;dr
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🪙 Uniswap has overtaken PancakeSwap in daily active users — link
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📊 Net deposits on Aave crossed $20 billion — link
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💰 Kraken witnessed a MASSIVE Bitcoin outflow of $1.6B
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💰 Over 37,000 BTC have been withdrawn from crypto exchanges in the past 72 hours, worth around $2.53 billion!
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📊 $13B borrowed via onchain lending protocols. Aave leading with ~60% market share — link
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💰 USDT supply on TON surpasses $580 million — link
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🔵 Ethereum whales have bought over 700,000 $ETH in the past three weeks, totaling approximately $2.45 billion!
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📊 Blob usage has been trending up for ~5 weeks now as rollups continue to see more and more activity — link
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🪙 Number of Ethereum NFT traders falls below 4,000 for first time since June 2021 — link | tl;dr
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🪙 More Uniswap v2 pools are being created on L2s than on Ethereum — link
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📊 Bitcoin and Ethereum, balances on exchanges reaching lowest levels every day
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🪙 Ethereum L1 continues to dominate in fees with generating ~20x more fees than the top L2s combined — link
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💰 Lido dominance has recovered with current estimates at 76.7% share among competitors — link
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JUST IN: 🥇 Bitcoin Lightning Network capacity makes a NEW ALL TIME HIGH
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💰 Lido dominance has recovered with current estimates at 76.7% share among competitors — link
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💰 U.S. spot Bitcoin ETFs saw today +$887.1m net inflows, the largest net inflow day since March 12th and the second highest net inflow day since inception — link
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🔵 Approximately 777,000 ETH valued at about $3 billion withdrawn from exchanges following SEC approval of Spot Ethereum ETF
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🪙 When including liquid staking, Ethereum mainnet TVL came within 2% of its ATH recently — link
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💰 Dogecoin whales have bought over 700 million $DOGE in the past 72 hours, worth around $112 million!
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