Young people are most aware of #cryptocurrency as an investment option, according to AIC research on non-investors aged 20 to 40.
Source: https://93t9.short.gy/TC6r1e
Nearly $200 million liquidated
According to Coinglass, the crypto market saw $195 million liquidated in the past four hours, with more than 77,000 traders being liquidated.
Read more: 🌟 https://bit.ly/40DW769
#Bitcoin #BTC according to daily parameters is fighting to keep the prices above $28280.34. Significant squeeze short.
Source: 🌟 https://bit.ly/3Nc2Ml2
#BTC #Bitcoin Active Addresses 30D MA, break through the 18-month high!
"Market demand seems to have flowed in with the recovery phase."
Source: 👉🏻 https://bit.ly/3n1WxFU
Just minutes after US stock markets winded down their rough day, #crypto has had signs of life. - read more.
Читать полностью…1inch Network's aggregator continued to dominate volume. The platform accounted for 59% of the total aggregator volume in Q1, an increase from 47% in Q4'22. - source.
Читать полностью…#DEX traders on #Ethereum jumped up to 72.19k on Apr 19, once again driven by the memecoin mania. It's the highest number of daily DEX traders since the end of 2021, over a year ago. read more.
Читать полностью…Active addresses on #Ethereum fell over the week to a daily average of 454K per day, a drop of 21% from the week prior. read more.
Читать полностью…The Web3 games that have the most players this year so far are Alien Worlds (world-building strategy game) and Splinterlands (trading card game), which have an average of around 130K+ players daily. - read more.
Читать полностью…Over the past 6 months, #Bitcoin's correlation with the S&P 500 and #Nasdaq has waned considerably.
Correlations with Gold were also waning over the same time period until the SVB collapse and US gov intervention. - source.
Token Prices Largely Rallied Across All Sectors, But #BTC #Bitcoin Outperformed Most Of Them
All top 5 cryptocurrencies recorded double digit gains. BTC outperformed everyone else with a 72% increase, followed by #ADA (+62%), #XRP (+58%), #ETH(+52%) and #BNB (+52%). - source.
Monthly #DEX volume on #Arbitrum and #Optimism now sits at around 20% of #Ethereum’s monthly volume. - read more.
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A few hours after the closing of options contracts #Bitcoin #btc #btcusd #btcusdt shows a correction trend. The confirmation would be if the resistance of $28157.26 is broken. - read more.
Читать полностью…At the end of Q1, #USDT was the top stablecoin on Polygon with a $735M market cap. Diminishing #USDC dominance from previous quarter.
Source: https://93t9.short.gy/cIVvs3
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Читать полностью…Following a brief decline in Inscription utilization, the daily #Bitcoin Inscription transaction count has experienced a sharp resurgence, recording an ATH of 193K Inscriptions minted in a single day.
Source: 🌟 https://bit.ly/41Nm4BS
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MVRV 30D MA reaches an 11 month high 🔥 #BITCOIN
"It is important to note that, historically, MVRV has been an excellent indicator to detect major top/bottom or the local top/bottom that occurred in the trend transition phase." - source.
The Accumulation Cycle Still Intact,
Despite the Recent Correction #Bitcoin has moved into a -10 percent correction after ascending almost 100 percent during early 2023. While the price action looks bad, traders should still remember to stay calm. read more.
#Gold, one of the world's oldest and most revered assets, is experiencing a boom time. - read more.
Читать полностью…Q1 2023 was #Ethereum’s second quarter of negative net issuance. As market sentiment improved, there was an uptick in on-chain activity, which led to higher fees and greater burn. read more.
Читать полностью…#Bitcoin market found resistance this week, reverting from the weekly high above $30,456k, back down to a low of $27,169k. - read more.
Читать полностью…#BTC #Bitcoin Open Interest Falls As Longs Are Liquidated
After starting the month around $7.5B we saw about $500m of liquidation, before a huge run up of new contracts opened on April 10th. - read more.
#Tether Continues To trade At A Slight Premium
#USDT has been trading at a premium on centralized exchanges ever since the March banking crisis, which saw traders rotate funds out of USDC amid fears surrounding Circle's reserves. - read more.
#Ethereum #DEX Volume Dominance Decreasing
Ethereum mainnet’s role as the hub for DEX trading volumes is showing signs of weakness. For the first time since the end of 2021, Ethereum’s 90 day moving average in DEX trading volumes is beginning to decrease. - source.
Since The Merge moved #Ethereum away from an energy-intensive proof-of-work consensus mechanism to a more environmentally friendly proof-of-stake method, the supply of ether has declined by more than 100,000 coins. - read more.
Читать полностью…The number of unique #NFT buyers on the main marketplaces began to decrease significantly in April. - source.
Читать полностью…