Crypto Coinfessions ✖️ – Telegram
Crypto Coinfessions ✖️
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From: rubikkav.nft

Momentum Builds in Ethereum Staking as Bitcoin Holds at Historically Crucial Support Level Acording To CryptoQuant - #Ethereum #Bitcoin #transaction #investment #bullmarket

The amount of Ethereum staked has been rising rapidly, hitting record levels day by day. As of now, there are 21.93 million ETH staked.

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From: rubikkav.nft

Stablecoin Market Cap Declines for 14th Consecutive Month - #Stablecoin #MarketCap #Decline #CryptoAssets #Dominance

In May, the total market capitalisation of stablecoins fell 0.45% to $130bn (up to 23rd May), the lowest stablecoins market cap since September 2021 and the fourteenth consecutive month of decline.

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From: rubikkav.nft

MakerDAO has long stood as the cornerstone of DeFi, according to Messari. But as the protocol has grown, so too has its complexities.

Since the Maker Foundation dissolved and handed over complete control of the protocol to MKR governance in July 2021, the community has struggled with fragmented objectives and declining profits.

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From: rubikkav.nft

Bitcoin Reacting To The FOMC Meeting News In A Negative Way - #Bitcoin #FOMC #EMAsupport #stoploss #Deribit

Currently daily trading has broken the daily support of the EMA100D1 at $26389.79.

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From: rubikkav.nft

Tether Supply Nears All-Time High - #bitcoin #Tether #stablecoin #Treasury #interestrates #USDT

Demand for Tether (USDT) continues to grow at the same time as USDC demand is falling. This trend has really taken shape since USDC issuer, Circle, announced part of their reserves were parked in Signature Bank when it collapsed.

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Latest Interesting Data About The Most Relevant Cryptocurrencies In The Market That Many Traders Should Know - #Bitcoin #Ethereum #ADA #cryptocurrency #Litecoin

Bitcoin bears benefit from the current macroeconomic uncertainty and are aiming for a $270 million profit if the BTC price falls below $25,000.

Around 4.3 million Bitcoin held by HODLers are currently in loss.
Key indicators are behind the prolonged bearish trend in Ethereum, and data fails to identify an immediate catalyst for a price breakout.

The optimism has turned on-chain data in favor of ADA, showing that more bullish activity may manifest in the coming days, with Bitcoin (BTC) price action hinting at a positive short-term outlook.

Litecoin (LTC), a decentralized peer-to-peer cryptocurrency, is gearing up for its third halving, an event that is considered a bullish catalyst for the altcoin.

Read The Complete Article Here: https://buff.ly/3BQmdcl
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From: rubikkav.nft

Bitcoin Correlations Report - #Bitcoin #SP500 #NASDAQ #JackDorsey #BlockCompany

Bitcoin is decoupling from the SP500 and the NASDAQ. If this trend continues BTC is about to become once more uncorrelated to the stock market.

Over the past 3 months BTC has moved from being un...

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From: rubikkav.nft

#Ethereum #fees #annualizedPercentageYield #staking #validators

The recent rise in fees on Ethereum pushed the annualized percentage yield expected from tips to nearly 4%, matching the yield from staking alone. The combined effect of staking rewards and fees has created an attractive overall yield for validators.

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From: rubikkav.nft

Realized price refers to the aggregate price at which the BTC supply last moved. It currently sits at just above $20,000, according to LookIntoBitcoin. - #RealizedPrice #BTC #Supply #LookIntoBitcoin #Chart

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Ethereum Smart Contracts Has Declined Significantly in May- #ethereum #eth #smartcontract #DuneAnalytics #onchain

The drop, close to 37% compared to the last week of April, can be partly attributed to the high transaction fees that still plague the Ethereum network.

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From: rubikkav.nft

#Bitcoin #BTC Drop Liquidated USD 140 Million From Bullish Traders

The bitcoin price fell to $ 26,000, causing the largest bullish settlements in more than two weeks.

With the fall in the bitcoin price ( BTC ) to USD 26,000, bullish settlements of cryptocurrency futures pre...

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Bitcoin structured products continue to attract institutional capital. From December to May, the AUM fo the ProShares futures-based ETF climbed from $500mn to $900mn. - #Bitcoin #structuredproducts #institutionalcapital #ProShares #ETF

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#Bitcoin Derivatives Hint That #Bears Are Unwilling To Short

To exclude externalities that might have solely impacted futures markets, traders can gauge the market’s sentiment by measuring whether more activity is going through call (buy) options or put (sell) options.

A 0.70 put-to-call ratio indicates that put option open interest lags the more bullish calls and is, therefore, bullish. In contrast, a 1.40 indicator favors put options, which can be deemed bearish.

Read More: https://buff.ly/3OIkdKU
#Binance saw its market share decrease by 10.8% (as of May 20th) following the removal of zero-fee trading for #USDT. #Bullish, #OKX, #BitMEX, and #Bybit have emerged as the biggest beneficiaries, gaining 1.55%, 1.44%, 1.25%, and 1.04% in market share, respectively.

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#Ethereum #Exchange #ETH #Glassnode Balance Drops To 5-Year Low

The balance of available Ether across crypto exchanges dropped to a five-year low on May 26, bringing the total amount of Ether held on exchanges to 17.86 million. A drastic decline in the exchange supply of ETH.👇🏻

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#Bitcoin #btc decides that bad news is not bad enough as upside volatility accompanies proof that U.S. inflation remains sticky.

According to #CME Group’s FedWatch Tool, the market now narrowly favors a fresh hike in June, whereas before, it was more than 80% certain that a pause would occur.

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#Ethereum’s Layer 2 networks experienced a surge in mainnet publishing fees during May, reaching nearly 9000 ether or $16.2 million. Source: https://buff.ly/43sjH7U
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Inflows of the main #cryptocurrencies, #bitcoin (#BTC) and #ether (#ETH), to exchanges have fallen to their lowest in more than 2 years.

Inflows are currently at $1.65 billion, the lowest value since the start of the 2020-2021 bull market. This can be seen in the following graph shared by the market data company, #Glassnode.

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The #UnitedStates Is The Most Indebted Country In The World. #GDP

In 2021, the public debt in the United States was 24,905,559 million euros, it grew 273,365 million since 2020 when it was 24,632,194 million euros.

Read More: https://buff.ly/3IM1o5v
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Over the course of 2023, while the #DowJones is down -1.1% and the #S&P500 is up 8.5%, #Bitcoin has outperformed all others with an impressive 58.7% return.

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#Bitcoin CME Gaps:
• $35,000 📈
• $20,000 📉

As shown on the #Bitcoin #BTC chart, there are still lower time frame targets that could get hit first prior to making a higher move.

Still a rally until proven otherwise imo.

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