The chair of the Federal Reserve indicated that future interest rate hikes are likely despite a pause in June, and the Bank of England and European Central Banks have been continuing to raise, according to #TheBlock. #correlation #gold #bitcoin #assets #NasdaqComposite

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Spot up, volume up! #BTC #ETH #volume #bullish #flow according to #Parading

The break higher in spot drew out some hungry taker flow, reminiscent of the early Q1 pump.

The focus here has been on BTC (ETH vols trading ~ 8 vols under BTC) as dealers and short vol holders scramble to cover and 30 June ATM vols which jumped from 40v to peak 54 vols on Wednesday.

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BTC is center stage and the market is reflecting it: BTC’s dominance is up to 58%, the highest since April 2021, according to #CoinMetrics. #BTC #dominance #marketcap #BlackRock #ETF #Bitcoin

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As we approach quarterly expiration, institutions such as Fidelity continue to push forward with applications for BTC spot ETFs. #quarterlyexpiration #institutions #BTCspotETFs #BTC #ETH

These positive developments are driving BTC, with today's BTC block calls volume over a third of the total volume.

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Miners prepare to sell more than 4,000 bitcoins - #Bitcoin #Miners #BTC #Exchanges #Glassnode #CriptoNoticias

A major bitcoin (BTC) sale by Bitcoin miners appears to be imminent. At least this is suggested by the historical movement of funds towards exchanges reported in recent days.

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ANALYSIS: The #Lightningnetwork hit a record-high capacity of 5,630 BTC ($172 million), growing 42% in bitcoin capacity and 105% in U.S. Dollar capacity over the past year according to The Block's data. #Lightningnetwork #capacity #BTC #bitcoin #USDollar

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Strong reaction in the Short-Term Holder MVRV indicator, reacting strongly off the break-even level of MVRV = 1. #ShortTermHolder #MVRV #Breakeven #MarketCorrections #UnrealizedProfits

This ratio is currently at 1.12, suggesting that, on average, the short-term holder cohort is sitting on a 12% profit.

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Miners sent over $1 billion in BTC to exchanges. according to #CriptoQuant.🔥

"Despite the high value, as these coins are not going to spot exchanges, it is very likely that this does not actually represent market selling pressure on the price.

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Since Optimism's Bedrock For #OP #ETHEREUM upgrade on June 6, its daily transactions have increased by about 67% to ~500k.

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DEX to CEX Futures Trading Volume Ratio Reached New ATH, according to #CryptoRank - #DEX #CEX #FuturesTrading #VolumeRatio #ATH

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Trading volume of BTC ETF from Volatility Shares, which launched today, reached $4 million. #TradingVolume #BTC #ETF #VolatilityShares #Launched

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Ethereum network experienced significant withdrawals of staked ETH before the Shapella upgrade first went live, according to #fxstreet. #Ethereum #ShapellaUpgrade #staking #ShanghaiHardFork #investors

But the tables turned pretty quickly post the Merge in September 2022, when the average ETH staked every month increased from 560,000 to 630,000 ETH.

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The euro is the second most important currency in the world despite the war in Ukraine, according to the ECB - #euro #currency #world #ECB #dollar

The international role of the euro remained stable in 2022, when it continued to be the second most popular currency globally...

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DeFi tokens are gaining momentum, outperforming other crypto sectors since the BlackRock ETF announcement.#DeFi #tokens #momentum #crypto #BlackRockETF

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ETH quarterly futures are the preferred instruments of whales and arbitrage desks, according to #CoinTelegraph. #ETH #futures #whales #arbitrage #contango

However, these fixed-month contracts usually trade at a slight premium to spot markets, as they demand an additional fee to postpone settlement.

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Bitcoin Volatility Resurgence as Investors Continue to Accumulate, according to #Bitfinex #report - #Bitcoin #HODLers #crypto #exchanges #volatility

Despite recent multi-year lows in volatility and volumes, and illiquid fluctuations in price associated with the recent regulatory...

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Bitcoin Outperforms Traditional Financial Assets in H1 2023, according to #cryptorank - #Bitcoin #Outperforms #TraditionalFinancialAssets #Cryptorank

Bitcoin gained 84% in Q1 2023, significantly outperforming most traditional financial assets.

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Bitcoin is becoming increasingly dominant in derivatives markets. Since the start of 2023, the ratio of volume of BTC relative to ETH has increased from 47% to 70%. #Bitcoin #dominant #derivatives #markets #volume #kaiko

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The average size of an Ethereum block in bytes has been at an all-time high — indicating more computational activity being accommodated by the Ethereum, according #coinbase #report. - #Ethereum #block #bytes #computational #activity

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Gold drops below $1,900 for the first time since mid-March - #goldprices #USDollarIndex #economicdata #joblessclaims #treasurybond

Gold prices tumbled following the release of US economic data. XAU/USD broke below $1,900 for the first time since mid-March and fell to $1,894.

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Scenario for #Bitcoin #BTC #BTCUSD #BTCUSDT is like this. It has to break $31035 to continue the trend but of course it will continue on this #ABCDE #accumulation line.

If #Ichimoku crosses the cumulus from green to red, we could see the price breaking $29876.33 and heading towards $28897.84.

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