Bitcoin's Percent Supply in Profit has reached 91%.
Historically, we have always topped out at 94%.
We still have a little bit more room for upside left.
Two scenarios are in play for #Bitcoin.
Both scenarios will eventually cause Bitcoin to rise because the larger trend is still extremely bullish.
Buy the dip.
#Bitcoin is still within a low-volume range.
The next massive resistance isn't expected until $47,000.
This Bitcoin CME Gap is fooling everyone again.
Just like the previous time, we are headed higher first before filling the gap.
Top-11 Arbitrum Ecosystem PJTs by Undervaluation Index (UI*)
UI is a Market Cap to 24H Trading Volume ratio. The lower the UI, the more the PJT is undervalued.
Presenting the most undervalued PJTs among Arbitrum Ecosystem PJTs.
Last night BlackRock filed an updated #Bitcoin Spot ETF.
The SEC is actively working together with the issuers to complete the launch of the first $BTC Spot ETF before January 10.
Top-13 PJTs by Daily Network Growth
Network growth - a number of new addresses that transferred a given token for the first time.
If #Bitcoin will push above $44,600
Over $529,000,000 worth of $BTC short positions will be liquidated!
DID YOU KNOW: More than half of the world's countries have legalized cryptocurrency. 🌎
Our study reveals that #cryptocurrency is currently legal in 119 countries and four British Overseas Territories.
Top Cross-chain Bridges by Volume in last 30 days
The wide set of reliable cross-chain bridges is an essential requirement to exchange assets, data and value between multiple blockchain networks for crypto users right now. Let’s compare the top cross-chain bridges by volume in last 30 days.
The last time #Bitcoin had eight consecutive weekly green candles was during the bull market of 2017.
Читать полностью…Top-8 PJTs by TVL growth in the last 7 days
TVL represents all funds present across platforms in transactional, lending, and borrowing capacities.
BlackRock says a seed investor bought $100,000 worth of its Bitcoin ETF shares this October.
Just the beginning 💥