💰 Bitcoin hasn't dipped below the $24k mark since past 7 Months.
The Heatmap is picturing the potential cascade of position liquidations if it heads down below 24k 📉 No doubt Exchanges and market makers are eyeing to clean up those positions. 💥
@CryptoWorldAnalysis
💰 Approximately $50B worth of Bitcoin are now held by ETFs, countries, public and private companies — link
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📊 The average age in which Ethereum and BinanceCoin tokens have been sitting in wallets both became much younger after massive stagnation.
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🤔 Something weird is going on with daily active Ethereum addresses. from their usual 300-400K to over 1M yesterday.
It seems like Binance is interacting with these 100k+ addresses to collect dust (small amount of leftover ETH) in one wallet.
@CryptoWorldAnalysis
🪙 Ethereum has been deflationary for the most part over the last year since The Merge, it has been trending toward inflationary as of late due to low user activity on the network. Although in balance, Ethereum’s supply has overall reduced by around 300K ETH, or around -0.25% per annum — link
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🪙 Since launching a DeFi ecosystem this year, Filecoin TVL has been grown rapidly. The total amount deposited passed $60M yesterday, with almost all of this in liquid staking protocols — link
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📊 The #Ethereum network just saw 1,089,893 unique wallets acting as a sender or receiver of $ETH on Wednesday, the 2nd highest amount in the asset's 8+ year history. This historic anomaly could be the capitulation signal needed for prices to rebound
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📣 Yesterday, the market cap of Arbitrum ($ARB) dipped below $1bn for the first time. The governance token of Arbitrum is currently trending at all-time lows and below the market cap of one of its main competitors, OP Mainnet ($OP) — link
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The value of real-world assets (RWAs) on-chain reached a new all-time high of $3.1 billion as of September 1.
The value is comprised of 37.3% gold and precious metals; 1.63% equities; 0.41% carbon offsets; 22.98% money markets; 20.04% treasuries; 4.38% real estate; and 13.27% private credit. As it currently stands, inherently yield-bearing RWAs capture 61% of the cumulative RWA market cap — link
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📊 Aggregate average daily spot and futures volumes for BTC and ETH declined by 30% in the last two months, compared to a daily average in 2Q23 of $54.6B — link
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🥇 A Bitcoin transaction confirmed today paid a fee worth over $500,000 or 19 $BTC.
F2Pool stated that it will temporarily shelve the fee of 20 BTC, and if no one claims it after three days, it will be reallocated to miners.
@CryptoWorldAnalysis
💰 Solana users fall to lowest level in more than 2 years — link
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🚨 90% of #crypto liquidity is concentrated on just 8 exchanges
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💸 A fee of 19 #BTC (509,563 USD) has just been paid for a single transaction!
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📊 The 90-day supply of aggregate stablecoins has dropped more than 20% from $162 billion in March 2022 to $120 billion today, pointing to a decline in on-chain liquidity — link
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📣 The growth of crvUSD has allowed it to become a significant contributor of revenue for the platform, with crvUSD fees exceeding fees collected from all non-mainnet liquidity pools in 3 of the 4 last weeks — link
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📣 Bitcoin's & Ethereum's exchange supply has resumed going lower as traders appear content #hodling. And the even better news is that #Tether is moving back on to exchanges, now at the highest level since March. This indicates more future buy interest.
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💰 Active Polygon $USDC addresses are soaring, with 1.6 million being created in the first half of 2023 - that’s 76K per day.
$USDC transfer size surged by 281%, with wallet-to-wallet transactions making up ~40% of all $USDC transactions.
@CryptoWorldAnalysis
📆 365 days since Ethereum the Merge!
→ 700K ETH issued
→ 1M ETH burned
→ 300K ETH net supply reduction
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📊 The gap between the # of ERC-20 transfers vs ERC-721 completed daily on Ethereum continues to widen. As of Sep 12, 2023, the daily # of ERC-20 transfers, that is transfers of fungible tokens, is 13x higher than ERC-721 transfers, that is transfers of non-fungible tokens — link
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⚪️ VeChain $VET is +9.4% and #VeThor $VTHO is +73.9% since their coinbase listing news hit a bit over 1 day ago. As the top two current trending assets in #crypto, $VTHO is understandably taking volume from $VET as its gains have been far more notable.
@CryptoWorldAnalysis
🖼 Ethereum’s blue-chip NFT trading volume fell over 40% in August, with Azuki, BAYC, DeGods, and MAYC contributing over 80% of the total volume — link
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💰 .Number of pageviews on Bitcoin’s Wikipedia reached 7,830 on Sept 8th, the highest number of daily views in 2023. This could be attributed to the increased likelihood of a spot bitcoin ETF happening soon, leading people to search up Bitcoin and see what it's about — link
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📊 L1 publication fees have been a major cost driver for rollups. The implementation of EIP-4844, which introduces blob-carrying transactions and a dedicated storage space for DA, could significantly enhance the economic viability and scalability of rollups — link
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🟠 Russia, Argentina, Turkey, Ukraine and Vietnam sent the most traffic to Binance, according to Similarweb data.
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📊Despite #Worldcoin 's controversial launch at the end of July, the weekly trade volume for AI-affiliated tokens remained subdued in August.
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👀 FTX is expected to receive approval to liquidate the following assets on September 13th.
They had $3.4 billion worth of crypto in April. The current proposed plan is to sell up to $200 million worth of crypto every week.
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🔵 According to onchain data, the amount of ETH in staking is almost twice the amount of ETH on exchanges.
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🥇 Bitcoin’s Lightning Network usage is now down -84% since last year, and it’s capacity has plummeted by 15% over the last 3 months.
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