Last week was packed with #economic activity and #crypto-specific developments around regulation.

On Tuesday we had a #CPI reading that came in at 4% (YoY), which is better than the previous month’s reading of 4.9% (YoY), according to #amberdata.

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Long-term #crypto #volatility remains at multi-year lows, according #kaiko.

#BTC and #ETH's 90D volatility is at multi-year lows, closely matching the trend in trade volume. .

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From: rubikkav.nft

Share of #LiquidStaking #TVL Across Multiple #Blockchains, according to #CryptoRank

Liquid Staking is the fastest growing #DeFi category in terms of total value locked.

#Ethereum is first not only in terms of Liquid Staking TVL, but also in terms of the share (30.5%). More 👇🏻

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Consumer sentiment in the United States reached a four-month high in June, climbing to 63.9, as inflation showed signs of easing and Washington resolved the latest debt-ceiling battle, according to #bitfinex. #ConsumerSentiment #UnitedStates #Inflation #DebtCeiling #UniversityOfMichigan

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In a significant move, #BlackRock Inc., the world's largest asset manager, submitted an application to the U.S. Securities and Exchange Commission (#SEC) for a spot #bitcoin exchange-traded fund (#ETF). Named the #iShares Bitcoin Trust, this ETF, if approved, will trade on #Nasdaq with #Coinbase Global Inc. serving as its custodian.

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#Bitcoin #BTC #BTCUSDT #BTCUSD continues to struggle on a weekly basis to break the dominant resistance at $26600.37, but a break of the EMA100 at $27564.14 is necessary to get a bullish signal. Average entry price continues close to $26,643.55.

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The share of #ETH calls options volume hit a yearly low of 55% of total weekly option volume last week down from 70% in early June.

Over the past few months ETH call volume has risen reportedly due to a systemic player overwriting a significant number of calls.

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#OKX traders’ margin-lending ratio has been declining since June 10, indicating the overwhelming dominance of longs is over.

The present 23:1 ratio favoring stablecoin lending still favors bulls but sits near the lowest levels in five weeks.

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#Bitcoin is down 15% from its 2023-highs, but $40,000 may be closer than you think due to several important factors, according to #cointelegraph #bitcoinhalving #bitcoin.

One of these factors is the upcoming #halving, a pre-scheduled event that slashes the cryptocurrency's supply rate for half every four years, is in April 2024.

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#BinanceChain #Volatility Story says that It’s rare for a high beta asset to outperform the #market benchmark (#BTC) in a #BearMarket, but that is exactly what #BNB did, as it seemingly became absent of downside volatility during the bear market, according to #BitcoinMagazine #report.

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For looking at major swings in price momentum, we like to use both the short-term holders’ realized price from on-chain data and the 200-weekly moving average for #Bitcoin.

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#Crypto intelligence trackers have recorded a decline in daily user activity on the #MATIC #network, while #Optimism (#OP) observed a significant increase. This signals OP is likely dethroning MATIC in terms of daily activity and user adoption.

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From: rubikkav.nft

It seems that the positive news from investment funds (ETF) made many break the daily resistance channel between $26733.68 and $27733.73. Bitcoin continues our trajectory and is under the strength of our intraday wave 3 that could touch $31035.22. #Bitcoin #ETF #investment #volatility #intraday

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#Bitcoin state of the correlations over the past three months.

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Since hitting its all time high in November 2021, open interest across top 6 decentralized perpetuals has fallen significantly by over 65%, with dYdX still controlling 55% of OI, according to #CoinGecko. #BTCFutures #OpenInterest #DecentralizedPerpetuals #CryptoDownturn #CentralizedExchanges

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Bitcoin illiquid supply reached a new ATH of 15.2M BTC this week, whilst exchange balances have fallen to the lowest levels since Jan 2018 at 2.3M BTC, according to #Glassnode #Bitcoin #IlliquidSupply #ATH #ExchangeBalances

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Breakdown of BTC & ETH Daily Futures Volumes by Exchange -#BTC #ETH #Futures #Binance #CryptoRank

Over the past 24 hours, crypto futures trading volume has surged to almost $90B.

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Disparity between #Ethereum and others is also evident when analyzing the total value locked (#TVL) on each network’s smart contracts, according to #defilama and #cointelegraph.

Ethereum is the absolute leader with $24.6 billion in TVL, followed by #Tron’s $5.4 billion and #BNB Chain’s $3.3 billion.

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A recent report by Coinbase reveals that over 50% of Fortune 100 companies had crypto projects in development since 2020, and currently, around 60% of Fortune 100 projects have been underway since 2022.
#Coinbase #Fortune100 #crypto #projects #development

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Bitcoin and altcoin market capitalization shows that during the bear market of 2018-2019, Bitcoin found support around $6,500 after recovering from lows of $3,250 in late 2018, according to #cointelegraph. #Bitcoin #altcoin #marketcapitalization #bearmarket #support

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