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🏦 @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

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Blockchain Crypto Bitcoin

📊 Weekly USDC transfers on Base have grown to ~$20B — link

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🪙 Spot ETH ETFs are slated to launch on July 23, just over two months after the SEC approved a rule change for exchanges to list these funds.

Grayscale will convert its ETHE trust into a spot ETF as well as launching a mini trust which will be seeded with $1bn from the former fund.

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💰 Holding #Bitcoin has been profitable for over 98% of its existence 👀

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📊 CME Group futures now represent over 83% of the calendar futures market for Bitcoin and 65% for Ethereum, highlighting CME's growing influence in institutional trading — link

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📊 UXLink is responsible for 50% of Arbitrum’s active addresses but just 5% of transaction fees — link

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🚀 Solana Surpasses Ethereum in Terms of DEX Trading Volumes

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📊 Earlier this year, Magic Eden regained its position over Tensor as the top Solana NFT marketplace in terms of both volume and traders — link

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💰 The German Government is now out of Bitcoin — link

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💰 📉 Exchange withdrawals at 5-year low of 28.5k BTC

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🪙 TRON consistently has 2-3x as much P2P transfer volume as Ethereum, indicating TRON is facilitating more payments and money transfers, compared to DeFi activity — link

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💰 📈 Bitcoin price around 200-day SMA could signal upcoming bullish phase

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INSIGHTS 🇩🇪 Germany’s aggressive Bitcoin selling spree sparks heavy market turbulence

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🥇 Bitcoin prices are hovering very close to the average cost of production for Bitcoin miners.

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🥇 Bitcoin prices are hovering very close to the average cost of production for Bitcoin miners — link

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🔵 Base onchain activity has been steadily climbing, with both active addresses and daily transactions continuing to rise as the ecosystem blooms — link

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🇺🇸 US spot Bitcoin ETF balances have hit a new all-time high of more than 900,636 BTC 🚀

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📊 Scroll total value locked reached new all-time highs of $1B — link

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🪙 This year, Uniswap’s trading volume on Ethereum has managed to keep up with Coinbase, the largest US-based exchange, maintaining an average market share of 24%.

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📊 Global DEX volumes across Layer 1 blockchains increased 125% over the past year (7d MA).

Ethereum leads the pack with a 45% market share, followed by Solana (34%) and BNB Chain (13%). Solana has had the largest gain in market share over the past year (17x) — link

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💰 Bitcoin’s post-halving price fluctuations mirror cautious market sentiment in options

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📊 Since January 1st, more than one million memecoins have been created on Pump.fun, a crypto project based on the Solana and Blast blockchains.

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📊 Q3 tends to be the weakest seasonal period in BTC, whereas Q4 tends to be the strongest. BTC will have to endure supply distribution from bankruptcy estates in Q3.

Q4 is prone to offer strength stemming from the U.S. election, halving effects coming into play, cash distributions from the FTX estate, and easing macro conditions — link

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📊 Q2 has been a challenging period for altcoin investors. After mirroring Bitcoin closely in Q1, de-risking has led to underperformance — link

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📊 In Q2 2024, venture capitalists invested $3.194bn (+28% QoQ) into crypto and blockchain-focused companies across 577 deals (-4% QoQ) — link

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💰 Bitcoin is down 20% in the past month

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💰 Bitcoin often looks dumpiest before its pumpiest 🚀

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🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟

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💰 $224B has flowed into this market since 2023. Government-seized #BTC contributes about $9B to the realized cap.

It's only 4% of the total cumulative realized value since 2023.

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📊 The share of stablecoins vs fiat market share of volume just hit its highest level since 2020. Currently, 84% of crypto trade volume involves stablecoins, while fiat accounts for only 16% — link

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