Crypto Coinfessions ✖️ – Telegram
Crypto Coinfessions ✖️
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Nearly $200 million liquidated

According to Coinglass, the crypto market saw $195 million liquidated in the past four hours, with more than 77,000 traders being liquidated.

Read more: 🌟 https://bit.ly/40DW769
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At the end of Q1, #USDT was the top stablecoin on Polygon with a $735M market cap. Diminishing #USDC dominance from previous quarter.

Source: https://93t9.short.gy/cIVvs3
Young people are most aware of #cryptocurrency as an investment option, according to AIC research on non-investors aged 20 to 40.

Source: https://93t9.short.gy/TC6r1e
The increase in activity on #Arbitrum led to increased usage of Hashflow relative to other instances, making up 48% of the 383,000 trades in Q1.

Source: https://93t9.short.gy/Iygumx
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#Bitcoin 30-day rolling correlation with gold has surged since March and now stands at 57% - its highest level in almost 2 years. #BTC #Gold #correlation

Source: https://93t9.short.gy/qhZroZ
Impact of PCE Statistics on the #crypto markets

The #PCE data could have a significant impact on the #cryptocurrency market.

Read more: https://93t9.short.gy/uS63dl
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Ethereum Price Remains At $1,920, But Some Professional Traders Are Skeptical Of Further Increases

Ethereum traders have been neutral-to-bearish for the past week, indicating little confidence in Ethereum breaking above $2,000.

Read More And Get Crypto For Free: https://www.publish0x.com/rubikkav/ethereum-price-remains-at-dollar-1920-but-some-professional-xqejrml?a=pmbkrGXazJ
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Bitcoin Halving

In the past, the bitcoin price rose considerably after the halving, albeit many months after the subsidy was reduced.

Read Full Here: https://social.wubits.io/wubits/home/644be2e2a85b360042079bbe
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In 2023 Q1, the total trading volume of the Top 15 exchanges was $10.8 trillion, up approximately 40% compared to the previous quarter.

Read Full Here: https://social.wubits.io/wubits/home/644becd1a85b36004207a6f3
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"Sell in May" - Banks' collapse paves the way

In the stock market, as April comes to an end, a common saying among investors comes back to life - "Sell in May and Go Away".

Read More: https://social.wubits.io/wubits/home/644d2ff9a85b36004207feb1
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#Bitcoin #BTC Transactions Reach Record High As Innoscriptions Surge Daily

Number of transactions on the Bitcoin blockchain reached a new all-time high yesterday when tracked using a seven-day moving average.

Read More: https://social.wubits.io/wubits/home/644ea504a85b360042086876
In the last 7 days, #Circle has issued a total of $700 million in #USDC and redeemed $1.1 billion, and the number of coins in circulation has decreased by more than $400 million.

Read More: https://social.wubits.io/wubits/home/644ea5a8a85b360042086881
Large Investors Accumulate More Than 60,000 #Bitcoins In The Last Days

Whales and other bitcoin investors have increased their holdings after the price of the cryptocurrency touched $ 30,000.

Read More: https://social.wubits.io/wubits/home/644ea72ea85b36004208698f
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Bitcoin Still Posts Low Volumes Around Monthly Closes

Buy The Full History Here With Crypto: https://social.wubits.io/wubits/home/644ec6b8a85b360042087e15
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#Bitcoin Open Interest On #Binance Drops Ahead Of Fed’s Rate Decision

Experts at 52kskew noted a significant decline in Bitcoin Open Interest, alongside the declining BTC price.

Read More; https://social.wubits.io/wubits/home/644fd128a85b36004208be4c
Bullish Indicator For Bitcoin: S&P500 Expected Volatility Is Reduced

The decline in the #VIX volatility index suggests a more stable environment for financial markets, which could boost demand for #cryptocurrencies.

Read More: https://social.wubits.io/wubits/home/644fd59fa85b36004208c3cf
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Despite the efforts, it is important to clarify that #Bitcoin is currently at an equilibrium point, creating a bullish advance pattern very similar to the year 2020, between July and September, according to monthly parameters.

Read More And Get Crypto For Free: https://www.publish0x.com/rubikkav/indicators-show-that-bitcoin-is-creating-a-bullish-advance-p-xozpggd?a=pmbkrGXazJ
#Bitcoin price fell more than 6%, generating huge losses for traders who were betting on a rise.

Read More: https://social.wubits.io/wubits/home/64512c23a85b3600420972cf