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

Gold, U.S. Treasurys and #Bitcoin would be the top three assets should the U.S. fail to raise its debt ceiling and default on its debt, data from Bloomberg’s latest Markets Live Pulse survey suggests.

More Here: https://social.wubits.io/wubits/user/3c147bd3-8f06-4732-91d0-51faa30ab534

Post from: rubikkav.nft

Overall, user activity on #Avalanche moves in tandem with the ecosystem’s market cap.

The relationship suggests that user behavior may be influenced by market sentiment rather than specific ecosystem features.

There is a strong positive correlation of 0.91 between the 14-d...

https://social.wubits.io/share/6462ad1f0f90bc5d1bc2c294?rid=63dffbc796acc11510f0903b&utm_source=telegram

Financial Crisis Could Drive #Bitcoin Price Rise After Confirmed Weekly Correction

Bitcoin's price broke below its 55-day resistance at $27,000 on May 12, down 12.3% in 30 days.

Added to all of the above, is the fact that there is a crossing of the weekly moving averages of the MACD, signifying total confirmation of a healthy correction before breaking the resistance of $30999.99.

Read More: https://www.publish0x.com/rubikkav/financial-crisis-could-drive-bitcoin-price-rise-after-confir-xvmgdgo?a=pmbkrGXazJ

Looking at bitcoin (BTC), spot volume surged around the collapse of Silicon Valley Bank in March, but has since tapered in recent weeks, averaging just around $4B per day in the last week compared to $20B in March.

Source: https://social.wubits.io/wubits/home/6463a8b669c2af03b8c50ad1

Compressed NFTs (cNFTs) have taken an impressive amount of market share in the minting market globally since launch in March.

Read More: https://social.wubits.io/wubits/home/6463a85a69c2af03b8c50ac9

#Polygon has the most active #GameFi wallets out of all Layer-1s over the past 90 days. -Source:

Post from: rubikkav.nft

Litecoin Halving Will Happen In 100 Days - Time To Accumulate

Litecoin momentum and sentiment are beginning to bubble as the asset approaches its halving. Previous cycles have seen large LTC moves preceding those of Bitcoin.

Currently the Litecoin price is trying to break t...

https://social.wubits.io/share/6463ce3131dbc53f2a2ee229?rid=63dffbc796acc11510f0903b&utm_source=telegram

Since May 12, Ether’s price has been struggling to sustain its $1,800 support level, as investors face pressures from a worsening crypto regulatory environment and the Ethereum network’s high gas fees.

Read More: https://www.publish0x.com/rubikkav/three-reasons-why-ethereum-price-could-struggle-this-support-xgjeozx?a=pmbkrGXazJ

Post from: rubikkav.nft

Total number of blue-chip #NFT sales fell from 19.9K to 17.5K, a 12.2% MoM decrease. Bored Ape Yacht Club (BAYC) was the only collection to have an increase in the number of sales throughout April.

#bluechip #NFTsales #BoredApeYachtClub #BAYC #April

https://social.wubits.io/share/6464f07bf0752b19bcf3b5e3?rid=63dffbc796acc11510f0903b&utm_source=telegram

Post from: rubikkav.nft

Binance's dominance in spot crypto trading wanes as market share hits 46%, the lowest since Oct '22. Despite this, Binance remains the largest exchange by volume.

#Binance #crypto #trading #marketshare #exchange

https://social.wubits.io/share/6464f39bf0752b19bcf3b70c?rid=63dffbc796acc11510f0903b&utm_source=telegram

Post from: rubikkav.nft

Dogecoin network broke a historical record of daily transactions thanks to the introduction of DRC-20 tokens, a new standard that allows to create and trade digital assets based on Dogecoin.

According to Bitinfocharts data, on May 16, more than 719,000 transactions in Dogeco...

https://social.wubits.io/share/6464f5d5f0752b19bcf3b92a?rid=63dffbc796acc11510f0903b&utm_source=telegram