Derivatives #trading volume rose 32.6% to $2.77tn. Spot trading volume rose 10.8% to $1.04tn. The market dominance of derivatives trading on centralised exchanges has now risen to 72.7% from 69.0% in February, registering an all-time high for its market share. - link

276,542 #BTC futures contracts were traded in March, up 30.2% since February. This only includes #CME’s Bitcoin Futures, where the underlying asset is 5 #Bitcoin. It excludes Bitcoin Micro Futures, where the underlying asset is 1/10th of a Bitcoin. - link

#Bitcoin Finally Closed Above Its 200-Week Moving Average

Bitcoin closed above its 200- week moving average ($25,400) for two weeks in a row for the first time since August 2022. 🙌🏻👏🏻 time to buy and hold - link

Funding Rates for #Ethereum dropped somewhat after we get the pull back. Rates pumping after price moves higher, indicates very reliably a pause on short time frames is coming. #BullMarket - link

There are currently 17.81 million Ethereum locked up on the Beacon Chain, although some safeguards have been put in place to prevent a rush of Ether from disrupting the market. For example, since there is a daily limit of 2,200 withdrawals, the daily maximum of unlocks. is 70,000 Ethereum.

Read More And Earn Free Cryptocurrencies - by Rubikkav

#Bitcoin #btcusd #btc #btcussdt Liquidity Map.

Long liquidations are just below the 200WMA and the Short liquidations are sat above massive resistance and sell wall. If we consolidate for a while this could give alts their time to shine. - Source

April has historically been one of the best months of the year for risk assets - Source

The Number Of #Bitcoin Transactions Suggests High Network Activity

From December 29, 2022, to March 7, 2023, transactions rose by 34% while price rose proportionally by 36%. - Source

#Ethereum Derivatives Show No Improvement

Despite Etherum's 35% rally in 25 days, Etherum Futures premium has not been able to break above the 5% neutral. - Source

Bulls Made 85% More Bets - Tether Market Cap Hits $80 Billion

*The weekly BTC options expiration has open interest of $1.2 billion, but the actual figure will be lower because bulls have concentrated their bets on Bitcoin price trading above $29,000.

*On April 6, USDT's outstanding market capitalization surpassed $80 billion for the first time since May 2022, with a gain of $15 billion so far in 2023.

Read More And Earn Free Cryptocurrencies - by Rubikkav

#Curve executed $32.9B of swap volume on #Ethereum in Q1, However, it only 23% of #Uniswap’s $123.7B of Ethereum #DEX volume. The gap suggests that Uniswap V3 is still the dominant AMM in #DeFi. - link

#Hackers stole about $320 million in the first quarter of 2023. This is significantly lower than the losses in the first quarter of 2022 ($1.33 billion) and the fourth quarter of 2022 ($950 million). - link

Q1's top performers of top 10 gaming tokens by #market cap are #RON, #IMX, #MAGIC and #GALA. - link

#Cryptocurrency Fear and Greed Index, an indicator used to gauge cryptocurrency sentiment, is currently in greed territory and pushing towards highs not seen since November 2021, #Bitcoin's all-time high. - link

Since The Onset Of The 2022 Bear Market, One-Year Holder Supply Has Hit An All-Time High Supply last active 1 year ago or more reached all-time highs during March, approaching nearly 70% of #bitcoin’s total circulating supply. - Source.

Tether's balance on exchanges has fallen 28% to 12.88 billion USDT, according to Glassnode. By comparison, the aggregate stablecoin balance on exchanges has fallen 41% over the year to $22.31 billion. - Source.

Volatility gap between BTC and Nasdaq hits yearly high.

Top Ordinal #NFT Collections by trading volume

Is #Bitcoin still good value? Below the 2 Year Moving Average, it is typically considered undervalued by the market. It is currently at $34,721, with price at $28,332. - link

Polygon NFT marketplaces observe no growth despite network adoption rising by 337% - link

ANALYSIS: Top-10 #cryptocurrencies by social activity, according to #Cryptorank. - link