❗️#CPIdata release on 10 May and we may see high volatility in market during the event. Market is at support and we may see a break below the support level in case data comes more than expected. Use tight stop loss in all trades.

Source: https://social.wubits.io/wubits/home/64594acbb9f2f0194f44da62

As #Bittrex Is Declared Bankrupt #Bitcoin #BTC Reacts In Favor Of A Sentiment Of Correction

Read More: https://www.publish0x.com/rubikkav/as-bittrex-is-declared-bankrupt-bitcoin-reacts-in-favor-of-a-xrgvgqy?a=pmbkrGXazJ

#Storj and #Livepeer were the primary revenue generators within #DePIN(Decentralized Physical Infrastructure Networks) through Q1. - Source: https://social.wubits.io/wubits/home/645a64a7b9f2f0194f4534ad

Addresses with more than 10,000 #bitcoins ( BTC ) have been acquiring more with intensity for a month, according to explorer #Glassnode.

Read More: https://social.wubits.io/wubits/home/645a6608b9f2f0194f4534f4

Among the top #altcoins by market cap, #Solana's #SOL, #Cardano's #ADA, and #Binance's #BNB have registered the highest year-to-date risk-adjusted returns, as measured by the Sharpe ratio.

Read More: https://social.wubits.io/wubits/home/645a672eb9f2f0194f4534fa

Video-streaming #Odysee and content sharing forum #Steemit are the top decentralized social media platforms in 2023. Read More: https://social.wubits.io/wubits/home/645bca4fb9f2f0194f4595f5

Headline #CPI for April came in at 4.9% this morning, which continues the disinflationary trend. Source: https://social.wubits.io/wubits/home/645be63fb9f2f0194f45a5bf

#Tether's Latest Q1 2023 Assurance Report Shows Reserves Surplus At All-Time High of $2.44B, up $1.48B in Net Profit. Source: https://social.wubits.io/wubits/home/645be8c7b9f2f0194f45a7ca

In April, spot trading volume on centralised exchanges fell 40.2% to $621bn - Read More: https://social.wubits.io/wubits/home/645c2783b9f2f0194f45beb9

#NFT trading volume in the first quarter of 2023 saw a sharp increase followed by a decrease.

Read More: https://social.wubits.io/wubits/home/645cf41f4051481a473eccfc

Expiration Of More Than Nine Hundred Million Options Bring #Bitcoin To A Healthy Correction.

Bitcoin's price gave up ground over the past week to drop below $28,000 has put the bears in a better position for Friday's expiration.

Read More: https://www.publish0x.com/rubikkav/expiration-of-more-than-nine-hundred-million-options-bring-b-xmyngoy?a=pmbkrGXazJ

Recent research indicates that 46% of Latin American bank users are willing to make payments with #cryptocurrencies. Brazil, Argentina and Mexico are regional leaders, in a ranking where South America leads the way.

Source: https://social.wubits.io/wubits/home/645e4d9321d9c1645c645456

Bitcoin Threatens To Create Three Black Crows Pattern For Weekly Trading

With the break of the EMA100W1 at $27650.71 and main support at $27291.25, #Bitcoin #BTCUSD #BTCUSDT triggers the alerts for a healthy weekly correction.

Read More: https://social.wubits.io/wubits/home/645e56d021d9c1645c6459ab

Margin Traders Sentiment For Bitcoin Continue To Ride With The Bears According To Cointelegraph

Bitcoin price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000.

Read More: https://www.publish0x.com/rubikkav/margin-traders-sentiment-for-bitcoin-continue-to-ride-with-t-xjrzqoz?a=pmbkrGXazJ

For starters, monthly production updates throughout March and April show that #bitcoin holdings have stabilized and are slightly increasing again for the top public miners who report it.

Read More: https://social.wubits.io/wubits/home/645fb0ff997b8e2d569faa81

📈 #Polygon wallets grew, 3-month revenue up 1.4x

#Polygon (#MATIC) is a collection of scaling solutions for #Ethereum, including #PoS, Supernets, and #zkEVM.

Number of active wallets on Polygon PoS increased by 48% in April of 2023, compared to the number of active wallets in February of 2023, the period of lowest monthly activity in the last 7 months.

Read More: https://social.wubits.io/wubits/home/645fb52c997b8e2d569fac28

Deposits In US Banks Fall Nearly One Billion Dollars

More than $910 billion was not deposited in the US banking system in 12 months, according to Fed data.

Read More: https://social.wubits.io/wubits/home/646103fd437866594447966c

Lightning Network Capacity and Channels Drop

On May 9, the number of transactions was around 413,420, which means that 36.28% of the backlog has been cleared in the past five days.

Read More: https://social.wubits.io/wubits/home/646105c14378665944479713

The banking giant Goldman Sachs determined in a recent study that 32% of family offices across the globe have exposure to digital assets, #NFTs, or #DeFi, while 26% have explicitly invested in cryptocurrencies.

Read More: https://social.wubits.io/wubits/home/64616b120075ac589b1b0607

❗️According to Token Unlock, the current #ETH staking annualized rate of return is 8.6%, which is at a historical high.

Read More: https://social.wubits.io/wubits/home/6462a97b0f90bc5d1bc2be85