#ProShares’ #Bitcoin Strategy #ETF (#BITO) has risen 47% year-to-date while BTC gained 60% over the same period. The fund's underperformance stems from hidden costs of rolling futures contracts every month as they expire, called the “contango bleed".
👍1
#Ethereum-based Products Gain Market Share as #Bitcoin-based Products Decline
The first decline in 2023 for Bitcoin and Ethereum-based product assets under management (AUM) was recorded in May, with respective drops of 10.3% and 4.42%, reducing their totals to $21.7bn and $7.50bn.
Click here to learn more
The first decline in 2023 for Bitcoin and Ethereum-based product assets under management (AUM) was recorded in May, with respective drops of 10.3% and 4.42%, reducing their totals to $21.7bn and $7.50bn.
Click here to learn more
💯1
From: rubikkav.nft
#Ethereum Holdings Redistributed From Whales To Retail Traders
During the recent pullback in ETH price, an interesting phenomenon occurred.
While Ethereum supply on exchanges declined by $1.04 billion between May 8 and 31, Ether holdings of large wallet investors dropped.
Click here to learn more
#Ethereum Holdings Redistributed From Whales To Retail Traders
During the recent pullback in ETH price, an interesting phenomenon occurred.
While Ethereum supply on exchanges declined by $1.04 billion between May 8 and 31, Ether holdings of large wallet investors dropped.
Click here to learn more
💯1
#Litecoin had a strong month. Total addresses with a balance has increased more intensely since the end of April and we now observe nearly 8.5 million #LTC addresses with a balance!
While Ethereum supply on exchanges declined by $1.04 billion between May 8 and 31, Ether holdings of large wallet investors dropped.
Click here to learn more
While Ethereum supply on exchanges declined by $1.04 billion between May 8 and 31, Ether holdings of large wallet investors dropped.
Click here to learn more
💯1
The #Bitcoin #BTC Price Continues To Sideline, Reflecting The Lack Of A Driver For Its Rise
According to Markus Thielen, the head of research and strategy at cryptocurrency service provider Matrixport, we can assume that the wave of liquidity from lower #inflation in the United States, which sent BTC and other assets soaring this year, has run its course. deflating.
Click here to learn more
According to Markus Thielen, the head of research and strategy at cryptocurrency service provider Matrixport, we can assume that the wave of liquidity from lower #inflation in the United States, which sent BTC and other assets soaring this year, has run its course. deflating.
Click here to learn more
👍1💯1
💸 #Ethereum's average fees have come back down to earth after its 2023-high $14 per $ETH transaction in early May.
More affordability encourages more utility. Additionally, #crypto's #2 asset is at an #alltimelow 9.9% on exchanges as #selfcustody reigns.
Click here to learn more
More affordability encourages more utility. Additionally, #crypto's #2 asset is at an #alltimelow 9.9% on exchanges as #selfcustody reigns.
Click here to learn more
💯1
Monthly #cryptocurrency exchange volumes are on track to hit their lowest monthly level since October 2020, with spot volumes across major trading venues just under $424 billion in May. Read More: https://buff.ly/43sKa5m
💯1
The Most Profitable #Cryptocurrencies Among The Top By Market Capitalization Since The Latest Bitcoin Movements
Cryptocurrency market experienced a dull month, with #Bitcoin dropping 7.37% — its worst performance since November 2022 — and #Ether losing 0.22% in May.
Read More: https://buff.ly/3N57sZn
Cryptocurrency market experienced a dull month, with #Bitcoin dropping 7.37% — its worst performance since November 2022 — and #Ether losing 0.22% in May.
Read More: https://buff.ly/3N57sZn
💯1
Get Crypto for free. Scan that Qr with your Binance app a win 🤑. Don't have account? Register here https://s.binance.com/Q533v9zM ❤
❤1💯1
#Avalanche Hits One Million Monthly Active Users For The First Time
Avalanche, a Layer 1 blockchain network, has crossed 1 million monthly active users for the first time.
The main Avalanche network has also seen growth in adoption recently.
Click here to learn more
Avalanche, a Layer 1 blockchain network, has crossed 1 million monthly active users for the first time.
The main Avalanche network has also seen growth in adoption recently.
Click here to learn more
💯1
From: rubikkav.nft
#Ethereum has been maturing as an asset.
The network’s #volatility has progressively decreased throughout its lifespan to reach 50%.
Click here to learn more
#Ethereum has been maturing as an asset.
The network’s #volatility has progressively decreased throughout its lifespan to reach 50%.
Click here to learn more
💯1
#TRON #TRX hits new milestone in daily transactions
TRON network has several new upgrades lined up for the mainnet, after hitting key milestones earlier this week.
As of Tuesday, the total transactions on TRON exceeded 5.7 billion, signaling increasing network growth and adoption.
Click here to learn more
TRON network has several new upgrades lined up for the mainnet, after hitting key milestones earlier this week.
As of Tuesday, the total transactions on TRON exceeded 5.7 billion, signaling increasing network growth and adoption.
Click here to learn more
💯1
#Tether #USDT Continues To dominate The #Stablecoin Market Despite Concerns Over Its Reserves And Regulatory Issues.
The market capitalization of Tether’s USDT has surpassed the previous all-time high of $83.2 billion, according to a June 1 statement from the stablecoin issuer.
Click here to learn more
The market capitalization of Tether’s USDT has surpassed the previous all-time high of $83.2 billion, according to a June 1 statement from the stablecoin issuer.
Click here to learn more
💯1
#Solana #SOL Records Increased Active Users
Solana (SOL) has had a busy month, enduring a significant increase in its user base across May.
This has seen the altcoin successfully break above the $20 resistance level. The move is remarkable considering the overall bearishness across the market, with most cryptos trading in the red throughout the month.
Click here to learn more
Solana (SOL) has had a busy month, enduring a significant increase in its user base across May.
This has seen the altcoin successfully break above the $20 resistance level. The move is remarkable considering the overall bearishness across the market, with most cryptos trading in the red throughout the month.
Click here to learn more
👍1💯1
30D volatility for #BTC and #ETH, descending to historically low levels at 0.016 and 0.019 respectively, according #CoinMetrics.
Click here to learn more
Click here to learn more
💯1
📊 The US House has passed a key debt ceiling deal, launching the #SP500 to its highest price since August.
#Altcoins like $LTC, $LEO, and $FGC have jumped today. With #crypto lagging behind #equities, there could be some $BTC catch-up time coming soon.
Source: https://buff.ly/3qoP8Sf
#Altcoins like $LTC, $LEO, and $FGC have jumped today. With #crypto lagging behind #equities, there could be some $BTC catch-up time coming soon.
Source: https://buff.ly/3qoP8Sf
💯1
Some Implication of this inverse correlation means that when the dollar rises, #BTC falls and vice versa. The chart below showing the year-to-date performances of #DXY (blue line) and BTC (orange line) underscores this relationship a step further.
Read More - Earn Crypto For Free: https://buff.ly/3IRs4Sw
Read More - Earn Crypto For Free: https://buff.ly/3IRs4Sw
❤1💯1
The 1d-3m Bitcoin Realized Cap HODL Waves has increased from the cycle low of 11.5%, to a current value of 21.4%, an 86% increase.
This suggests that the transfer of wealth from experienced holders to newer demand is occurring, a phenomenon common across cycle inflection points.
#Bitcoin #BTC #OnChain
This suggests that the transfer of wealth from experienced holders to newer demand is occurring, a phenomenon common across cycle inflection points.
#Bitcoin #BTC #OnChain
💯1
Why Hollywood Really Fears Generative AI
Hollywood actors and writers unions are negotiating with major studios to address concerns about the impact of AI on the industry. The use of deepfake technology and AI-generated content has raised concerns about the potential loss of income for actors and writers due to unregulated AI use. The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) is seeking a contract that protects members from losing income and ensures informed consent for certain AI uses. Writers, however, cannot rely on publicity rights in the same way and may struggle to seek compensation if their work is used by AI. The upcoming negotiations between actors' unions and studios will focus on economic fairness and maintaining a middle-class lifestyle for guild members. AI could be Hollywood's next strategy to produce more content with fewer humans, potentially leading to union strikes.
#Culture #CultureMovies #CultureTV #CultureDigitalCulture #Wired #TechNews #News
Hollywood actors and writers unions are negotiating with major studios to address concerns about the impact of AI on the industry. The use of deepfake technology and AI-generated content has raised concerns about the potential loss of income for actors and writers due to unregulated AI use. The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) is seeking a contract that protects members from losing income and ensures informed consent for certain AI uses. Writers, however, cannot rely on publicity rights in the same way and may struggle to seek compensation if their work is used by AI. The upcoming negotiations between actors' unions and studios will focus on economic fairness and maintaining a middle-class lifestyle for guild members. AI could be Hollywood's next strategy to produce more content with fewer humans, potentially leading to union strikes.
#Culture #CultureMovies #CultureTV #CultureDigitalCulture #Wired #TechNews #News
💯1
According to data from the on-chain analytics firm #Glassnode, the #cryptocurrency has seen cumulative fees of just 53,800 BTC since the last halving.
Source: buff.ly/42fOHqE
Source: buff.ly/42fOHqE
❤1