📊📈 The price of #BTC (and crypto) is deeply correlated with global liquidity
If money printer go brrrr, crypto will feel it
🖼 Over the past 7 days, #NFT transaction volume has increased by 10.4% on the Solana (#SOL) network and by 290% on the Mythos network.
Читать полностью…📈 #BTC's cumulative transaction volume has surpassed $125 trillion since its inception
Читать полностью…🗣📈 #BTC Santiment: The crowd played a massive part in crypto rebounding over the past 30 hours. Bitcoin's rapid bounce back to $57K came immediately after social media proclaimed we were about to see $40K-$45K BTC again. Instant bounces after bearish sentiment is a common theme throughout 2024.
Читать полностью…🐳 #BTC CEO C.Q.: I'm pretty sure something is happening behind the scenes.
404,448 BTC have moved to permanent holder addresses over the past 30 days, and it's clearly accumulation.
We'll know within a year
🥳👀 US private investors predict surge in crypto investments in 2024 - report cointelegraph.com
Читать полностью…🇺🇸👀 #BTC #ETF The total trading volume of spot BTC-ETFs today exceeded $2.1 billion
Читать полностью…🐳 Santiment: Large #BTC holders (10-1000 BTC) purchased >30,000 BTC during the fall
Читать полностью…🕵♂👀 #ETH James Fickel purchased 3534 ETH at the price 1 hour ago.
He knows how to buy ETH at low prices and sell at high prices, and currently holds 226 thousand ETH ($569.6 million).
Since January 10, he bought 30,904 ETH ($97.6 million) at a price of $3,158 and sold 19,148 ETH ($65.7 million) at a price of $3,431. James Fickel has also been long the ETH/BTC trading pair since January 10th.
Addresses:
- 0xa90aa5a93fa074de79306e44596109dc53e01410
- 0xd85351181b3f264ee0fdfa94518464d7c3defada
🕵️♂️👀 #ETH Ethereum ICO participant woke up after 9 years of inactivity and transferred 500 ETH.
Читать полностью…🐻👀 #BTC The Bull-Bear Market Cycle Indicator has flagged BEAR phase (high blue area) for the first time since January 2023
Читать полностью…📈 DEX trading volume exceeded $20.2 billion yesterday, setting the third-largest record in history
Читать полностью…🙋♂ #ARB Arbitrum DAO initiated offer about the launch of ARB staking.
📆 Voting ends on August 16th.
📉 Ethereum Total Value Locked (TVL) is down 11% over the week and now stands at ~$48.6 billion
Читать полностью…🇮🇳 #WRX After the WazirX hack, Indian company CoinDCX opens an investor protection fund with $6 million. coindesk.com
Читать полностью…🥳👀 #ETH Nasdaq asks to include options on spot Ethereum ETFs in the list - Fisting cointelegraph.com
Читать полностью…📉👀 #BTC C.Q.: After yesterday's storm of long position liquidations, the weekly change in Open Interest dropped by -17%
There is no long liquidity at the bottom
🇰🇪🙋♂ #ETF Valor will launch crypto ETPs (on #BTC, #ETH, #SOL and #HBAR) in Kenya. cointelegraph
Читать полностью…🤔 #BTC C.Q.: Most days, the BTC price remains below the ATH, but there comes a period when the ATH changes more frequently than usual - this is exactly what a Bull Run is.
2017 rally - 292 days
2021 rally - 123 days
Next rally - coming soon
📊 #BTC is experiencing one of its worst corrections in the last decade
The negative returns of Bitcoin over the past 6 days are worse than 90% of the drops Bitcoin experienced in the same time frame over the last 10 years.
At its lowest point, it was even worse than 95% of the 6-day corrections in the last decade.
🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: -3,615 BTC (-$202.52M) 🔴
21Shares outflows 1,299 BTC ($72.77M)
#ETH-ETFs:
NetFlow: +8,815 ETH (+$22.2M) 🟢
iShares inflows 19,697 ETH ($46.64M)
📊👀 #BTC Other periods when it has flagged BEAR phases for a limited period have been the COVID sell-off (March 2020) and the Chinese mining ban (May 2021). It then correctly anticipated the start of the bear market in November 2021.
Читать полностью…🇺🇸⛏ #BTC US mining companies' average mining cost per Bitcoin is around $43K
Marathon Digital's Q2 2024 report shows an average mining cost of $42,969 per BTC.
This can be calculated using their operational hash rate, cost per petahash per day, and average daily Bitcoin mined.