📊 Santiment: All notable large cap tokens (with the exception of #TON) are in the “opportunity zone” according to the MVRV indicator.
Читать полностью…🤔 #BTC Analyst C.Q.: The real pain in the market will start when the paper profits of the newcomers equal zero. The same thing happened with the holders of GBTC who bought at the peak in 2021 and then sat underwater for four years.
#ETF holders are luckier, they won’t have to wait that long
⛏ #BTC #USDT Two former executives of Tether-backed Northern Data filed a lawsuit against the firm, claiming they were wrongfully fired after they raised concerns about the company's financial health and accused it of tax evasion.
Читать полностью…🎢 #BTC C.Q.: Miners capitulation mirrors Dec 2022 levels with a 7.7% hashrate drop, similar to post-FTX collapse conditions.
Such declines often signal potential market bottoms
👀 #BTC for the first time since halving and in close proximity, the day closed below the 200-day MA
Читать полностью…📊👀 Since June 19, the German government, the US government and Mt Gox transferred a total of 17,788 #BTC (>$1 billion):
- German government has 41,226 BTC ($2.28 billion) left;
- US government has 213,297 BTC ($11.72 billion);
- Mt Gox has 141,687 BTC ($7.78 billion).
📊 Over 21,000 #BTC, valued at more than $1.24 billion, have been sent to crypto exchanges in the past week alone
Читать полностью…👀🖼 Wallet address Three Arrows Capital (3AC), bought an #NFT three years after submitting an application that was missed by its liquidators. 3AC Wallet purchased "Neon Village" from the NFT collection "Ninja Village". theblock.com
Читать полностью…🎁 #CAKE PancakeSwap announced they are giving away 2,452,128 #ZK (ZKsync) to the community. pancakeswap
Читать полностью…📊 CEO C.Q.: #BTC Miners Break Records in 2023 and 2024 and Are the Top Sellers
As 2024 approached, the pace of transfers to exchanges intensified, directly impacting the excess supply and low demand in the spot market.
🤓 #BTC Glassnode: Moving towards technical indicators, we can use the widely used Mayer Multiple metric, which assesses the ratio between Bitcoin price and its 200DMA.
The 200DMA is often used as a simple indicator for assessing bullish or bearish momentum, making any breaks above or below a key market pivot point.
The 200DMA currently resides at a value of $58k, once again providing confluence with on–chain price models.
🗣 QCP: Today's US employment data shows downward revisions to both April and May figures. This confirms Powell's deflationary path and possibly earlier rate cuts.
Читать полностью…📊 #BTC MVRV-Z has now retraced from the typical early bull cycle runup area (red zone) to the typical cool-off area, where new support levels are usually set (green zone).
Читать полностью…🔝 Top 15 projects by positive market sentiment on Oriole Insights #MATIC #ATOM #HGPT
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled
🎁 #L3 Layer3 published tokenomics L3.
They allocated 7.5% of the total supply for the initial airdrop.
📊 #ETH #ETF YCharts: Grayscale Ethereum Trust's (ETHE) discount to net asset value (NAV) has turned into a premium (0.31%) ahead of the expected launch of a spot Ethereum ETF.
Читать полностью…🇹🇼 $10 billion Taiwan Mobile applies and gets #BTC and crypto exchange licence. x.com
Читать полностью…📉👀 #BTC Capriole Investments remind that the market correction has been brewing for a very long time.
The fact is that Bitcoin's record streak (in history) is over: 427 days without a 25% drawdown!
Thus, the record of 2012 was broken by 63 days
📊 #BTC currently lacks significant support. The main key demand wall is around $47,000, and for the bull run to resume, BTC must close and hold above $61,000.
Читать полностью…🇩🇪🍿 #BTC German parliament member Joana Cotar says government selling Bitcoin is “not sensible.”
Urges “holding BTC as a strategic reserve currency.”
🤔 #BTC IntoTheBlock: Nearly 30k BTC, worth $1.73 billion entered exchanges this week. With the price declining, this influx suggests that panic sellers are offloading their assets.
Читать полностью…😱📉 #BTC Mt.Gox Redemptions have started repaying customers with their Bitcoin after over a decade!
No Bitcoiner will say this out loud, but the majority of the $8.2 billion in BTC that is set to be distributed back to ex-clients are going to be sold off.
👀🍿 #BTC #BCH Mt Gox creditors may have to wait up to three months to receive their assets. theblock.com
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