#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.

Click here to learn more

#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.

Click here to learn more

#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.

Read The Complete TA

#BTC #futures contracts in healthy markets should trade at a 5% to 10% annualized premium — a situation known as contango, which is not unique to crypto markets, according to #cointelegraph #report.

Click here to learn more

Following the #Bitcoin breakout above the psychologically key $30K region, the Short-Term Holder Realized Profit / Loss Ratio has exploded to a value of 59, commonly seen around market euphoria events, according to #glassnode.

Click here to learn more

As one of the forerunners of the decentralized perpetuals space, #dYdX controlled most of the #TVL during the #DeFi run of 2021, according to #Coingecko.

Towards the end of 2021, dYdX controlled 88% of multichain TVL across decentralized perpetuals exchanges, having increased its TVL by 16.5x, from $612M to $1B in December 2021.

Click here to learn more

With #Bitcoin’s price up over 50% in 2023, #crypto winter may be thawing, but business is still tough nonetheless for #exchanges, according to #Chainalysis #report.

Click here to learn more

According to #Cointelegrap #Research, monthly open interest in #CME #Bitcoin #Futures has experienced its first decline in 2023, with the montlhy open interest fallin to $1.85 billion. This represent a dicline of 13.1% compared to the previus month.

Click here to learn more

#Bitcoin had been significantly underperforming the #SP500 since Q2 began, and according to #CCData, However, the flurry of positive news has recently caused the gap to close.

Since #BTC began its recovery, stocks have begun to decline, likely due to the hawkish outlook on monetary policy.

Click here to learn more

Currently, Uniswap has a volume in the last seven days greater than 8.4 billion dollars, which makes it an interesting decentralized exchange for liquidity, to exchange almost any token under the ERC-20 standard, according to #cointelegraph #report. #Uniswap #volume #decentralized #exchange #ERC20

Click here to learn more

After #Bedrock Update, Mainnet Commission in Optimism Network Drops by ~47%, Token Refills Get Faster. #BedrockUpdate #MainnetCommission #OptimismNetwork #GasCosts #EthL2

Gas Costs Slashed by 70%, Cementing Optimism as Cheapest Eth L2 Token Swap Network.

Click here to learn more

From: rubikkav.nft

Santiment notes that Ethereum’s supply on crypto exchanges as a percentage of its total supply just hit a fresh all-time low, indicating that sell-off pressure on the leading altcoin may be limited as market participants move their ETH stacks away from the open market.

Click here to learn more

From: rubikkav.nft

Cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion, according to #newsbitcoin. #cryptocurrency #bitcoin #ethereum #usdollar #bitcoincash

Click here to learn more

Notice how the 5-year Treasury yield reached 4.05% on June 22, the highest level in more than three months, according to #cointelegraph. #ConsumerPriceIndex #inflation #TreasuryYields #governmentBonds #globalRecession

This movement happened while the U.S. Consumer Price Index (#CPI) for May came in at 4.0% on a year-over-year basis, the lowest growth since March 2021.

Click here to learn more

Bitcoin And Ethereum Will Continue Exponential Growth While Low-Volume AI Tokens Could Give Good Long-Term Returns. #Bitcoin #Ethereum #ExponentialGrowth #LowVolumeAITokens #ValidatorFees #PhoenixGlobal #PHB #DataToken #MDT #Cortex #CTXC

🔥Bitcoin shows confirmation rejection for weekly bearish sentiment.

😮Ethereum continues to grow slowly due to high validator fees.

👀Some low volume AI projects on Binance could generate good profits.

Read More: https://buff.ly/3pm3OS0

The overall trading volumes on decentralized exchanges (DEX) are showing a slight decline across major blockchains. #DEX #tradingvolumes #decentralizedexchanges #Ethereum #decline

Ethereum for example, has seen daily DEX volumes decrease 35% over the course of the last month.

Click here to learn more

Top 10 Blockchains by Funds Raised in Public Rounds in 2023, according to CryptoRank. #Ethereum #Arbitrum #Polygon #BNBChain #CryptoRank

Ethereum leads, followed by Arbitrum, Polygon, and BNB Chain.

Click here to learn more

HSBC, the largest bank in Hong Kong, today allows its customers to buy and sell Bitcoin and Ethereum ETFs listed on the Hong Kong exchange, and is also the first bank in Hong Kong to allow it. #HSBC #HongKong #Bitcoin #Ethereum #ETFs #bullish

Click here to learn more

All #Bitcoin Supply Last Active Bands remain elevated around ATHs, suggesting HODLing remains the primary market dynamic across all subsections of LTHs. Bitcoin #HODLing #SupplyLastActive #1Yr+ #ATHs #GlassNode 👇🏻 more

Click here to learn more