📊 In Q2’24, Arbitrum ($1.2 billion), Ethereum ($913 million), and Optimism ($893 million) were the top three source networks in transfer volume for bridges built on top of LayerZero — link
@CryptoWorldAnalysis
JUST IN: 🥇 Bitcoin mining difficulty hit a NEW ALL-TIME HIGH 🚀
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🔥 NEW: 🇺🇸 A new report from River, a #Bitcoin 💰 fintech company, predicts that 10% of U.S. 🇺🇸 based companies will convert 1.5% of their treasury reserves equating to roughly $10.35 billion into #Bitcoin over the next 18 months 👀
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📊 Over the past 365 days, the Tron protocol generated $1.57 billion in revenue, marking a 115% increase compared to the same period last year. 📈💰
@CryptoWorldAnalysis
NEW: 🥇 The percentage of Bitcoin that hasn't moved in over ten years is now at 16.84% 💪
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💰 Solana network transactions hit multi-month low in August — link
@CryptoWorldAnalysis
💸Traders still believe in the BTC bull market, but see another opportunity to go to $54k before the rally.
BTC itself showed a strong rebound to $59,700 overnight, but the volatility range is still very compressed and external factors can trigger a move of $2k-$4k at once 🤑
In August, short-term Bitcoin holders sold 642,366 BTC, which explains the increased selling pressure and the current correction.
/channel/CryptoWorldAnalysis
📊 The ratio of Ethereum ETF volume to Bitcoin ETF volume in the first 25 days has continued to decline — link
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Toncoin's market cap surged to $13.96 billion, reaching 1.1 million daily users, despite facing a sharp 25% drop following Telegram CEO Pavel Durov's arrest in France.
The event has raised concerns about market volatility, though some indicators suggest a potential rebound for $TON.
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🪙 Ethereum’s net growth in staked ETH currently outpaces both its net and gross emission rates — link
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Telegram CEO Pavel Durov has been released under judicial supervision in France. He is required to pay a €5 million deposit and is prohibited from leaving the country.
🤝 @Cryptocurrency_Inside ✅
DATA: 🥇 Bitwise chart shows Bitcoin historically pumps in price after being down in September 📈
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📊 Onchain trading activity has continued to taper lower with the rolling 7-day decentralized exchange (DEX) volumes for both Ethereum and Solana reaching levels last seen in February this year — link
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📊 Research shows that unlocks involving 5%+ of circulating supply often lead to noticeable underperformance versus the rest of the market, especially in the seven days before and after the event — link
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📊 DeFi Active loans are now at $13.3 billion, a level we haven't seen since early 2022 — link
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This channel is for everything Crypto and Trading related:
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No financial advice ❌
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🔵 Looking at "unique contracts" deployed, most unique contracts on Base were created recently, with >1.2M in July and >650K in August — link
@CryptoWorldAnalysis
📊 Total stablecoin market cap, excluding algorithmic stables, is now at the highest point ever, surpassing its previous high from early 2022 — link
@CryptoWorldAnalysis
🏦 Coinbase Smart Wallets had their highest usage day ever on Base this week. Higher diversity of calls, compared to past spikes — link
@CryptoWorldAnalysis