💰 Bitcoin miners sold more than 3,000 Bitcoin worth approximately $129 million in the last 24 hours
@CryptoWorldAnalysis
📁 As of December, 1.7M ERC-4337 smart accounts have been deployed across EVM chains — link
@CryptoWorldAnalysis
💰 It’s now been 232 days since we had a 25%+ drawdown.
The last time #Bitcoin went this long without a 25% drawdown was in 2011.
@CryptoWorldAnalysis
💰 Bitcoin is about to close 2023 with one of the best Sharpe Ratios, second only to $NVDA
@CryptoWorldAnalysis
💰 EIP-4844 expected to launch around Jan-Feb 🚀🚀
This is going to be very bullish for the ethereum community, and in particular #L2s.
Transaction fees for Ethereum Layer 2 networks are expected to significantly decrease following this upgrade.
🤝 @Cryptocurrency_Inside ✅
💰 Solana protocols have gone from over 70% closed source in mid 2021 to over 85% open source now — link
@CryptoWorldAnalysis
🔵 Arbitrum DEX volume has been on the climb again this month, putting in numbers on par with its post airdrop frenzy.
Notably, over the past 7 days, Arbitrum's volume was more than 50% of Ethereum mainnet's — link
@CryptoWorldAnalysis
🖼 Two weeks into December, Solana's NFT market reached all-time highs with $80M in volume across all marketplaces, now comprising 24% of daily NFT trading volume compared to Ethereum's $330M — link
@CryptoWorldAnalysis
💰 Bitcoin transaction fees hit their highest level of all time. $23.6 million of fees in one day — link
@CryptoWorldAnalysis
📊 The largest increase (%) in active addresses in November was Ronin with a staggering 367.9% increase from the previous month, while Linea, Optimism, Arbitrum, Celo and Solana also saw impressive growth — link
@CryptoWorldAnalysis
🪙 Bitcoin's Ordinals resurge in the last week at roughly ~ 45% of total NFTs volume.
@CryptoWorldAnalysis
📊 Out of over 300,000 tradable assets on Uniswap, only 20%, which is 63,000 tokens, were traded in the past 3 months — link
@CryptoWorldAnalysis
💰 Over $80M has been spent on Bitcoin fees to inscribe ~40M ordinals throughout 2023, with all fees flowing to miners — link
@CryptoWorldAnalysis
💰 The number of Bitcoin addresses containing at least 1 bitcoin is 1,024,411
@CryptoWorldAnalysis
🥇 The Bitcoin hashrate reached new all-time highs in 11 out of 12 months in 2023
@CryptoWorldAnalysis
💰 Number of Bitcoin addresses with non-zero balances has recently surpassed 50 million — link
@CryptoWorldAnalysis
📊 In December, the market capitalisation of USDT rose 1.41% to $90.6bn, recording a new all-time high for the leading stablecoin.
This is the fourth consecutive month of increase in market capitalisation and the first instance of a stablecoin breaching the $90bn mark. The market dominance of USDT is currently at 70.4%, the highest since January 2021 — link
@CryptoWorldAnalysis
Volume on Korean exchanges hit a YTD high in early December.
📊 The surge in volume is driven by altcoin trading and zero-fee promotions — link
@CryptoWorldAnalysis
🪙 Ethereum gas prices have been steadily rising these past 2 months, daily median now up ~6x from October lows — link
@CryptoWorldAnalysis
🇺🇸 U.S.-available crypto exchanges in particular could play an important role in spot ETFs, as they today account for around 45% of global BTC market depth.
Throughout 2023, Kraken boasted the deepest average BTC order book, with bids and asks totaling $32.9 million. Coinbase followed in second place with an average depth of $24.3 million, while Binance's average daily depth is shown in red for context — link
@CryptoWorldAnalysis
NEW: 💰 New all-time high of 1,022,000 addresses with 1 or more Bitcoin
@CryptoWorldAnalysis
✖️ Number of unique traders on dYdX v4 has continued to increase this month. With over $800 million in trading volume over the past 2 days — link
@CryptoWorldAnalysis
🇺🇸Cumulative price changes during US and Asian business hours suggest that demand for Bitcoin is coming from both the West and the East — link
@CryptoWorldAnalysis