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

Post from: rubikkav.nft

Arbitrum is currently rivaling Ethereum in daily transactions, while significantly outperforming Optimism.
#Arbitrum #Ethereum #dailytransactions #significantly #outperforming

https://social.wubits.io/share/6464fb23f0752b19bcf3b97b?rid=63dffbc796acc11510f0903b&utm_source=telegram

Post from: rubikkav.nft

#BRC20 #tokens #Bitcoin #transactions #marketshare

BRC-20 tokens represent 47% of all Bitcoin transactions since the beginning of May.

On May 7th, BRC-20 tokens peaked at a 65% market share, surpassing non-BRC-20 Ordinal transactions by a margin.


https://social.wubits.io/share/64663a36c52bf955f3bc3fce?rid=63dffbc796acc11510f0903b&utm_source=telegram

Post from: rubikkav.nft

#vault #smartcontract #wallets #security #biometric

#Ethereum has two account types: externally owned accounts (EOAs) and contract accounts.

EOAs are analogous to a vault with a single, physical key. The key allows for quick and cheap access to the vault, but it lacks any ...

https://social.wubits.io/share/6466422fc52bf955f3bc4b88?rid=63dffbc796acc11510f0903b&utm_source=telegram

Post from: rubikkav.nft

#Stablecoins #CryptoIndustry #2023 #FiatTrading #Regulation

Stablecoins have never been more important for the crypto industry than in 2023. Stablecoin’s share of volumes rose from 60% in 2022 to 76% now, as fiat trading begins to die out.

Harsh regulation in the U.S as wel...

https://social.wubits.io/share/646643d3c52bf955f3bc4bac?rid=63dffbc796acc11510f0903b&utm_source=telegram