🔵 Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.
@CryptoWorldAnalysis
💰 Over $7,000,000,000 in $BTC shorts will be liquidated at a price of $70,500
@CryptoWorldAnalysis
💰 BTC futures basis has completely bled out from 30% earlier this year to ~5% now — link
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NEW: 💰 Bitcoin OTC desk balances for miners have increased 70% since June, reaching a 2-yeah high of 368K BTC in August 📈
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⚫️ Injective has introduced some chain stats “Average Block Time Amongst Layer 1s”
Recent performance upgrades have slashed block times down to just 0.65 seconds on average.
@CryptoWorldAnalysis
🇮🇳 Binance has returned to India amid an $86 million tax demand from authorities, signaling its intent to comply with local regulations.
@CryptoWorldAnalysis
🔵 Base, Coinbase's layer-2 network, hit 4 million active addresses last week, spurred by its "Onchain Summer" campaign.
The initiative, running from June to August 2024, has allocated $2 million in $ETH to reward developers building on the blockchain.
@CryptoWorldAnalysis
📊 In line with the growth in active Safe users, transactions involving Safe smart accounts surged 67% QoQ from 16 million in Q1’24 to 27 million in Q2’24 — link
@CryptoWorldAnalysis
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💰 US Bitcoin ETFs ‘on track’ to top Satoshi’s BTC stack soon
United States Bitcoin ETFs have added around 37,510 BTC to their holdings each month on average and could soon surpass Satoshi Nakamoto's estimated stash.
🤝 @Cryptocurrency_Inside ✅
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🔵 The new Ethereum ETFs after the first week saw $1.18bn of inflows, although the massive outflows from incumbent Grayscale have meant a net outflow of $338m — link
@CryptoWorldAnalysis
🔵 ETH Trading volume hits monthly high immediately after launch of ETH ETF
@CryptoWorldAnalysis
📣 Despite the crypto-AI space is in its infancy, with only a few protocols generating material revenue, the sector has been one of the best performing crypto asset classes this year — link
@CryptoWorldAnalysis
💰 𝑩𝒊𝒕𝒄𝒐𝒊𝒏 𝑳𝒊𝒒𝒖𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝑨𝒍𝒆𝒓𝒕 🚨🚨
$𝟭.𝟮𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Shorts will get liquidated if BTC hits $70,000
$𝟯.𝟭𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Longs will get liquidated if BTC Hits $59,000
@CryptoWorldAnalysis
📊 Weekly DEX trading volumes of the top 5 chains have grown from ~$20B at the start of the year, to over $40B today — link
@CryptoWorldAnalysis
📊 There are now $10.9B+ of RWAs on public blockchains.
The market for tokenized assets is up from ~$8.0B since the start of the year, or roughly 37.1% to date, driven largely due to the demand for private loans and U.S. Treasury debt.
The private credit market currently stands at $8.1B while tokenized Treasuries is $1.9B. The remaining tokenized asset classes fall under $1B — link
@CryptoWorldAnalysis
💰 Updated 2Q24 13-F filings for US spot Bitcoin ETFs revealed a rise in institutional inflows – particularly from the "investment advisor" category — link
@CryptoWorldAnalysis
💰 PayPal founder and billionaire Peter Thiel says #Bitcoin is so big that society didn't even know how to process it
🤝 @Cryptocurrency_Inside ✅
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⚫ Telegram premium sub
⚫ OG status
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You can sell your tokens on Bitget premarket, price is around $0.01!
And it will be listed on OKX on the 20.th this month.
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📊 DEX marketshare is at an all time high relative to CEX — link
@CryptoWorldAnalysis
📊 The Maker protocol already boasts over $2bn in RWA vaults on its balance sheet, accounting for nearly half of its assets — link
@CryptoWorldAnalysis
💰 Last week, BlackRock's iShares Bitcoin Trust (IBIT) achieved a new all-time high of 67% market share in spot Bitcoin ETF trading volume, surpassing its previous record of 61% — link
@CryptoWorldAnalysis