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

NYDIG: #Bitcoin price skyrockets 71.9% aurpassing all other assets, Correlation w/US equities declines. link

For now it is good to wait for Bitcoin to exceed $30,000 to define a good entry. It is also convenient to wait for the monthly closing.

There is divergence between the times of roe deer, medium and long term. That makes it difficult to define a secure input.

ANALYSIS: CryptoQuant theorizes that #BTC #bitcoin could reach $100,000 by 2024. - link