🖼 While NFT trading activity has been down for most of the year, we’re finally starting to see an uptick in volumes coming into the end of the year — link
@CryptoWorldAnalysis
🟠 Binance speeds up delistings amid regulatory scrutiny. The number of active listed trading instruments on Binance has declined by 21% YTD
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📊 As Bitcoin's price rises at the fastest pace in years, open interest has surged even amidst large liquidation events.
Open interest hit $10.2bn last week for perpetual futures contracts on Binance, Bybit, OKX, and Deribit, its highest level since March 2022 — link
@CryptoWorldAnalysis
NEW: 💰 Bitcoin may be targeting 💵 $50K to $53K based on the network activity valuation perspective, per CryptoQuant
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JUST IN: 💰 $4.5 trillion Fidelity Director of Global Macro says owning a little Bitcoin "could go a long way."
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📊 If the current Bitcoin price rally marks the start of a new and prolonged bull market, the recovery will be significantly quicker than in previous cycles — link
@CryptoWorldAnalysis
📣 Jito currently has a 43% market share of Solana liquid staking protocols — link
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💰 The Bitcoin balance on exchanges is dropping, while the price rallies
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📊 In November, Polygon's zkEVM achieved a significant milestone, exceeding a TVL of $100M, representing a growth of over 47.2% MoM — link
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💰 One year after the Bitcoin price plummeted to $15.5K due to FTX's implosion, there was a notable increase in the percentage of coins stagnant for 5+ years, rising from 29% to 31%
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📊 November has clocked up the highest monthly crypto losses of 2023 so far, with over $343 million lost due to hacks and fraud — link
@CryptoWorldAnalysis
✖️ dYdX continues to dominate in the perp DEX landscape — link
@CryptoWorldAnalysis
📊 Venture funding within the blockchain sector has undergone a 96% month-over-month surge, marking a six-month high — link
@CryptoWorldAnalysis
🔵 Base Network crossed $10 million in cumulative revenue since launch, with 1 million active monthly addresses — link
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📊 Infrastructure attacks accounted for nearly 60% of the total amount stolen in 2023, with the most damaging type being a private key theft or seed phrase compromise — link
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NEW: 🇺🇸 SEC filings mentioning Bitcoin hit an all-time high of 1,074 in November
@CryptoWorldAnalysis
💰 Solana daily active addresses jump to over 630K, 40% more than Ethereum
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📊 Polygon & BNB are where most inscription activity is taking place for EVM chains — link
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🇺🇸 SEC filings that mention Bitcoin surged to record high in November, appearing in 1,074 regulatory filings — link
@CryptoWorldAnalysis
📊 The futures basis for ETH on CME is now trading at a 5% premium to the basis for BTC — link
@CryptoWorldAnalysis
💰 BTC's 60-day correlation with ETH fell to a multi-year low of 75% in November — link
@CryptoWorldAnalysis
💰 Bitcoin's transaction fees surge once again, surpassing a cumulative total of 120 million USD
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⚫️ Solana weekly DEX volumes as a share of Ethereum DEX volumes has skyrocketed hitting a new yearly high of 14.3% — link
@CryptoWorldAnalysis
📊 Significant majority of Bitcoin holders are small investors, as approximately 74% of Bitcoin addresses hold less than 0.01 BTC — link
@CryptoWorldAnalysis