30 days after #Blackrock's filing for a #spot #Bitcoin #ETF, sentiment has shifted dramatically in the crypto space, according to #IntoTheBlock.
Bitcoin and #Ethereum prices are up 22% and 15% respectively, while many altcoins are up significantly more following #Ripple's...
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Bitcoin and #Ethereum prices are up 22% and 15% respectively, while many altcoins are up significantly more following #Ripple's...
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#MATIC price surged due to favorable #regulation, increased #network use and anticipated #Polygon 2.0 upgrade that could see a rebrand to #POL, according to #CoinTelegrahp #CryptoNews #News.
Polygon has experienced a significant price increase on July 13, driven by several key factors. These include a recent positive court ruling for XRP, increased activity of decentralized applications (#Dapps) on the Polygon Network, and the highly anticipated launch of Polygon 2.0.
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Polygon has experienced a significant price increase on July 13, driven by several key factors. These include a recent positive court ruling for XRP, increased activity of decentralized applications (#Dapps) on the Polygon Network, and the highly anticipated launch of Polygon 2.0.
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The total trading volume of the top 10 exchanges in Q2 2023 was $8.3 trillion, a decrease of nearly a quarter compared to Q1, according to #tokeninsight #CryptoNews #News.
The top 4 exchanges by trading volume were #Binance, #OKX, #ByNewsbit, and #Bitget, whose combined market share exceeded 85% of the total market.
Read More: https://buff.ly/43sVHAS
The top 4 exchanges by trading volume were #Binance, #OKX, #ByNewsbit, and #Bitget, whose combined market share exceeded 85% of the total market.
Read More: https://buff.ly/43sVHAS
Many wonder: when will we really have a massive #bullrun within the #cryptocurrency #market? #Report #News #CryptoNews
Under personal parameters, it will be after exceeding more than $1,455T in total #capitalization. In the last hours the market grew 5% in capitalization, from $1,154T to approximately $1,214T.
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Under personal parameters, it will be after exceeding more than $1,455T in total #capitalization. In the last hours the market grew 5% in capitalization, from $1,154T to approximately $1,214T.
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#TotalValueLocked (#TVL) in #Solana exploded, hitting a 2023 peak of $1.099 billion. The #Ethereum alternative witnessed a massive price rally as market participants responded to the verdict of the #SEC vs #Ripple lawsuit. #News #CryptoNews
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Read More: https://buff.ly/3rlPCsG
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According to #DefiLlama, #Cardano's #totalvaluelocked (#TVL) in #ADA terms increased by 10% month-on-month, reaching 550 million ADA on July 14. Additionally, #decentralizedexchange volumes saw a 6% increase over the past seven days.
Read More: https://social.wubits.io/share/64b293d78a5b8d29dfb79f2f?rid=63dffbc796acc11510f0903b&utm_source=link
Read More: https://social.wubits.io/share/64b293d78a5b8d29dfb79f2f?rid=63dffbc796acc11510f0903b&utm_source=link
From: rubikkav.nft
In Q2 2023, #Binance's market #dominance decreased, with its market share dropping from 53.6% at the beginning of Q2 to 50.6%, a decrease of approximately 3%, according to #tokeninsight #report #news #cryptonews.
However, Binance still leads the exchange market with over 50% market share. It is worth noting that Binance's zero trading fee promotion ended at the end of March, which may be one of the reasons for the decrease in its trading volume and market share.
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In Q2 2023, #Binance's market #dominance decreased, with its market share dropping from 53.6% at the beginning of Q2 to 50.6%, a decrease of approximately 3%, according to #tokeninsight #report #news #cryptonews.
However, Binance still leads the exchange market with over 50% market share. It is worth noting that Binance's zero trading fee promotion ended at the end of March, which may be one of the reasons for the decrease in its trading volume and market share.
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#Bitcoin was up once again on the week, up 4.5%, powered by continued optimism for a spot #ETF and the recent ruling in the #Ripple #XRP vs #SEC case, according to #nydig #report #news #cryptonews.
The XRP ruling caused general optimism across the digital asset landscape, spilling over to bitcoin. Every other asset class we track was also up on the week, buoyed by declining inflation numbers.
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The XRP ruling caused general optimism across the digital asset landscape, spilling over to bitcoin. Every other asset class we track was also up on the week, buoyed by declining inflation numbers.
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#Spot #trading #volume in Q2 2023 was the lowest in recent years, with only $1.32 trillion, a 44.8% decrease from Q1 and a 52.5% decrease from Q2 2022, according to tokeninsight #report #news.
In the spot market, #Binance's share in Q2 2023 was 55.33%, about the same as last year. Compared to 64.33% in Q1, it decreased by 9% but still accounted for over half of the market share.
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In the spot market, #Binance's share in Q2 2023 was 55.33%, about the same as last year. Compared to 64.33% in Q1, it decreased by 9% but still accounted for over half of the market share.
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#Bullish sentiment expanded further as softer-than-expected readings of both #CPI and #PPI provided the “hope” that the Fed will now be “one and done” following the upcoming July #FOMC meeting, according to #realinvestmentadvice #news #report.
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#Traders in the perpetual futures market tied to #BNB #BNBCHAIN #BinanceCoin are the most bearish in months as the embattled exchange and its related cryptocurrency face a challenging environment on multiple fronts.
Data tracked by #Coinglass show open interest and volume-weighted funding rates in perpetual futures have slipped to -0.18%, the lowest since late April. Those numbers mean shorts, or positions that profit from a price drop, are dominant, and are willing to pay longs to keep their bearish bets open.
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Data tracked by #Coinglass show open interest and volume-weighted funding rates in perpetual futures have slipped to -0.18%, the lowest since late April. Those numbers mean shorts, or positions that profit from a price drop, are dominant, and are willing to pay longs to keep their bearish bets open.
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Native #token of #decentralizedexchange (#DEX) aggregator #1inch (1INCH) rose by more than 58% early Monday before giving back most of the gains. Trading volume hit $597 million, its highest level since October, 2021.
At press time 1INCH was higher by about 10% over the past 24 hours. Coupled with a spike in trading volume, $3.37 million in leveraged 1inch short positions have been liquidated over the past 24-hours, according to #CoinGlass.
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At press time 1INCH was higher by about 10% over the past 24 hours. Coupled with a spike in trading volume, $3.37 million in leveraged 1inch short positions have been liquidated over the past 24-hours, according to #CoinGlass.
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The demand for #US #Treasury yields has ballooned over the last 15 months during the Fed’s historic rate hike that has increased the Federal Funds Rate from 0.25% in March 2022 all the way to 5.25% today, according to #messari #report #news #cryptonews.
Read More: https://buff.ly/3pQj6P0
Read More: https://buff.ly/3pQj6P0
#US #inflation showed signs of cooling last week, with both the headline and core (less food and energy) #CPI numbers undershooting expectations, according to #kaiko #report #news #crypto news.
The core CPI which is less impacted by business cycles, rose by 3% year-over-year and 0.2% month-over-month vs. 3.1% and 0.3% expected. This is unlikely to deter the Fed from hiking by 25bps next week as inflation continues to run above its 2% target.
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The core CPI which is less impacted by business cycles, rose by 3% year-over-year and 0.2% month-over-month vs. 3.1% and 0.3% expected. This is unlikely to deter the Fed from hiking by 25bps next week as inflation continues to run above its 2% target.
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Long-term holders (#LTHs) and the short-term holders (STHs) of Bitcoin are the two broad investor cohorts we study when analysing Bitcoin supply trends, according to #Bitfiinex #report #crypnews #news.
The Spent Output Profit Ratio (#SOPR) data suggests that we are in an early bull market stage as there is a supply transfer beginning to be evident from the LTHs to the #STHs.
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The Spent Output Profit Ratio (#SOPR) data suggests that we are in an early bull market stage as there is a supply transfer beginning to be evident from the LTHs to the #STHs.
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As of Monday morning, #Ripple #XRP accounted for 21% of global crypto #trade volume, surpassing #BTC and #ETH, according to #kaiko #report #cryptonews #news.
#Altcoin volumes (excluding XRP) did not see as large a bump as expected, despite the #bullish implications of the ruling.
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#Altcoin volumes (excluding XRP) did not see as large a bump as expected, despite the #bullish implications of the ruling.
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The #Elliot wave count on the #Bitcoin daily chart is following our corresponding logic. #TA #CryptoNews #Crypto
For daily trading, Bitcoin remains within the accumulation zone between $29,885.95 and $31,741.52; inside a symmetrical triangle ABCDE.
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For daily trading, Bitcoin remains within the accumulation zone between $29,885.95 and $31,741.52; inside a symmetrical triangle ABCDE.
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