🇨🇦🍽 Exactly 4 years ago today, a small restaurant chain in Canada used all its cash reserves to buy #BTC
Most restaurants failed after COVID. Tahini's now has over 40 locations
🗓 Major Upcoming Events in August
#BN #AARK #DOGS #CAT #FLUX #NYAN #CARV #ORDER #DASH #ALEX #HMSTR
📊 #ARB #BASE #OP Though Arbitrum has the higher TVL, Base has rapidly outpaced both Arbitrum and Optimism in active addresses, reaching 1,032,962 as of Aug 15, 2024, driven by it's integration with Coinbase Wallet.
Читать полностью…📊 #BTC remains only a small fraction of the gold market's size. But every few years it takes a significant leap forward in relative value.
We're still waiting for that leap to happen in this cycle.
🤔 #BTC C.Q.: We may have seen a miner capitulation last week as Bitcoin outflows hit 19K BTC on Aug 5, the highest since March.
Miners likely sold as their profit margins were squeezed to 25%, the lowest since January.
🔝 Top 10 CDP Protocols by TVL
Collateralized Debt Position (CDP) - is a smart contract-based system that enables users to lock up their cryptocurrency holdings as collateral to generate loans in the form of stablecoins or other tokens
🇳🇬🥶 Nigerian authorities have frozen $38 million in cryptocurrency they say was sent to support protests. coindesk.com
Читать полностью…⛏ Bitdeer announces issuance of $150 million convertible notes to expand data centers. ir.bitdeer.com
Читать полностью…🥳 #REEF submitted Reef Summer Update including ReefSwap, Reef Chain Wallet and more.
Читать полностью…🇲🇾🤝 #WLD Malaysia's Ministry of Science, Technology and Innovation has signed a memorandum of understanding with the Worldcoin Foundation and TFH. worldcoin.org
Читать полностью…🕵️♂️ Amber Group contributed 4000 #ETH to Binance. ETH is their second largest position and they still own 4,700 ETH ($12.4 million).
Читать полностью…📈 #NOT market cap has hit a whopping $1.15 billion , solidifying its place as a powerhouse in the #TON blockchain ecosystem
Читать полностью…🇺🇸🤔 #BTC IntoTheBlock: The U.S. government recently moved $600M worth of Silk Road Bitcoin to Coinbase Prime. While exchange deposits often signal a sell-off, this transfer could be for custody purposes.
U.S. government-linked wallets still hold close to $12B in BTC
🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: -583 BTC (-$33.92M) 🔴
Grayscale outflows 975 BTC( $56.72M) and currently holds 230,878 BTC ($13.43B);
#ETH-ETFs:
NetFlow: -4,476 ETH (-$11.52M) 🔴
Grayscale outflows 6,478 ETH ($16.67M) and currently holds 1,892,167 ETH ($4.87B).
📊 #BTC address activity has increased by 10% since the $70K level, but remains very low.
From the $36K level, investors prefer a hold strategy.
🕵️♂️ Address containing 174 #BTC, transferred all BTC after being dormant for 10.6 years.
Читать полностью…📊 #ETH If Ethereum continues its downward trend, a key support zone to watch is between $2,300 and $2,380, where 1.62 million addresses bought over 50 million ETH
Читать полностью…🥳 #USDT #USDC Flexa launches tool allowing customers to pay at cryptocurrency retail outlets. coindesk.com
Читать полностью…🇺🇸📊 #BTC #ETH #ETF Arkham: BlackRock's IBIT and ETHA ETFs outperformed Grayscale's GBTC, BTC Mini, ETHE and ETH Mini ETFs.
Blackrock now owns the largest ETFs.
BlackRock ETF: $21,217,107,987
Grayscale ETF: $21,202,480,698.
🔝 Top DApps that have maintained significant growth in unique active addresses over the past 30D
Currently, SocialFi and GameFi are dominating user activities in the Web3 space
🤔 #BTC Analyst C.Q.: Based on average losses in this bull cycle, if no major crises occur, few panic sellers remain.
Ideally, a drop would shake out the rest and build a robust bull trend, but that's proving elusive and might not happen at all.