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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Bitcoin’s price dropped below $26,300 on June 10, fueling bearish bets by traders using options contracts. #Bitcoin #price #drop #options #contracts #cointelegraph.

Such a level was only recouped on June 16, which explains why bears have concentrated their bets on Bitcoin trading below $27,000.

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For now our full steam bet is being Litecoin #LTC #LTCUSD #LTCUSDT #cryptosignal #investmentopportunity #HalvingEvent #Price #VolatilityIndex #Resistance

The Halving event is scheduled for mid-August, which will cause the price to make a positive trajectory towards a wave 1 based on the monthly chart.

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#K33 analysts found that since 2015 over two-thirds of the 1,009 #altcoin projects that managed to creep into the top 100 rank by #market #capitalization have become inactive.

Only 9.11% of these altcoins yielded positive returns, with only around 1.5% outpacing Bitcoin’s 50X returns.

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#Polygon proposal to transition the PoS chain to a #zkEVM Validium Model

In the past, Polygon was criticized for not being a “true” Ethereum rollup because its architecture did not directly rely upon Ethereum for Security guarantees, according to #messari.

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#Bitcoin continues its rally. In a few hours and under the influence of the news of the official launch of the investment fund #Volatility Shares' 2x Bitcoin ETF (#BITX) on June 27 of this year, it broke the price resistance of $31035.95.

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