🏦 Base is the fastest L2 to grow to 100,000 users. This milestone was reached just 56 days after launch — link
@CryptoWorldAnalysis
📊 The number of unique addresses interacting with one or multiple Layer 2s continues to increase — link
@CryptoWorldAnalysis
💰 The percentage of Bitcoin's supply that hasn’t moved in 3+ years hit an all-time high of 40% — link
@CryptoWorldAnalysis
🖼 Still more than 75% of most major collections haven't yet traded in 2023 — link
@CryptoWorldAnalysis
🔻 Optimism is seeing some positive signs today, as its +5% pump is accompanied by 22.9K active addresses, among its best days of 2023.
Additionally, key whale & shark addresses with 100K-10M $OP continue holding a high level, currently worth $781.9M.
@CryptoWorldAnalysis
🪙 "To illustrate how extreme of an event last Thursday's liquidation cascade was, here's a chart showing the largest single-day wipeouts of open interest.
Last Thursday was the 5th largest single-day decline in Bitcoin futures open interest on record. Pretty wild."
@CryptoWorldAnalysis
📊 The Week On-chain released on Mon 14-Aug:
"On a shorter timeframe, it could be argued [the #Bitcoin market is] slightly top heavy, with many price sensitive investors at risk of falling into an unrealized loss."
@CryptoWorldAnalysis
💰 XRPNetwork is starting to see some mild recovery signs, and today's +4% price rise appears to be supported some of the asset's largest whales. There are 221 addresses holding between 10M-1B $XRP. They now hold a combined 16.13B tokens worth $8.71B.
@CryptoWorldAnalysis
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2. @EthereumNews 🔵 - Get access to all the important updates and news about Ethereum.
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📊 The most prevalent keywords in #crypto to end the week are #Evergrande and #SpaceX. Many attribute Evergrande's bankruptcy negatively impacting the world economy. And it is speculated that over $850 million was liquidated due to SpaceX's crypto sale.
@CryptoWorldAnalysis
🏦 Coinbase International volumes pick up, topping $280 million in one day
@CryptoWorldAnalysis
💰 Despite BTC prices rallying by more than 70% this year, the “Alameda gap” — the sharp decline in liquidity we observed after the collapse of FTX and its sister company Alameda Research — has persisted.
@CryptoWorldAnalysis
📊 Last week, DeGods volume surged to $16 mill, the highest its ever been. The previews for DeGods Season III dropped on Aug 10, causing the spike. The same day, fellow DeLabs collection y00ts announced it would be moving to Ethereum — link
@CryptoWorldAnalysis
📣 Mantle Network crosses $40 million in TVL within a month of launch, becoming the seventh most valuable Layer 2 blockchain in terms of TVL — link
@CryptoWorldAnalysis
🏦 Yesterday Base recorded 1.37m daily transactions, more than Arbitrum (558k) and OP mainnet (406k) combined — link
@CryptoWorldAnalysis
➡️Stay ahead in the world of cryptocurrencies with just a single click!
By following the link
➡️ /channel/addlist/kp0pSP98Hzg2NzM8 , you will automatically join five highly informative crypto news channels on Telegram.
🏆These channels include:
1. @BitcoinNews 🥇 - Stay updated with all the relevant news about Bitcoin, the number 1 cryptocurrency.
2. @EthereumNews 🔵 - Get access to all the important updates and news about Ethereum.
3. @Altcoinnews 🍰 - Stay informed about all altcoins, the alternative coins besides Bitcoin, with timely information and insights.
4. @TradingNews ⚫️ - Never miss out on any trading information again! Receive regular updates on charts, analyses, exchange news, and much more.
5. @MetaverseNews ⚫️ - For all things related to the metaverse, this channel provides you with comprehensive information to keep you in the loop.
Don't miss out on any crucial developments in the crypto world!
⚠️Join all five channels immediately by clicking on this link:
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📣 Throughout 2023, Polkadot & Kusama shared the honors for most github development in crypto according to our calculations for notable activity.
@CryptoWorldAnalysis
💰 In last 3 months, this address acquired 118,000 BTC, equivalent to $3.1 billion, ranking third in BTC reserves.
@CryptoWorldAnalysis
📊 This week, 7 projects (AlGO, ID, C98, RBN, GT, FLOW, AXL) will unlock tokens totaling over $55 million in value.
@CryptoWorldAnalysis
📈 After crypto market caps dropped sector-wide last week, several altcoins are scratching their way back, particularly $LTC, $XRP, & $XLM. With market value to realized value metrics continuing to show traders are down big, don't be surprised if the trend continues this week.
@CryptoWorldAnalysis
📊 Market caps have fallen considerably over the past week, and traders are very polarized. Many believe a quick recovery is coming, while others see this as just the beginning of the dump. But undeniably, average #crypto returns are in a mathematically historic opportunity zone.
@CryptoWorldAnalysis
💰 The percent of #Bitcoin supply in profit has just fallen from 71% to 61%.
This reflects the 'top heavy' market, which had become increasingly price sensitive, that we described in The Week On-chain newsletter released on Monday.
@CryptoWorldAnalysis
🪙 Ethereum number of addresses holding 0.01+ coins just reached an ATH of 24,734,291 — link
@CryptoWorldAnalysis
📊 In July, The TVL of Optimistic Rollups rose by over $692M, mostly due to a surge in OP Mainnet’s TVL as a result of Worldcoin’s launch — link
@CryptoWorldAnalysis
📊 In August, the total market capitalisation of stablecoins fell 1.28% to $124bn, the lowest stablecoins market cap since August 2021. This is the seventeenth consecutive month of decline in stablecoins market capitalisation.
@CryptoWorldAnalysis