Crypto Coinfessions ✖️ – Telegram
Crypto Coinfessions ✖️
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#Solana #SOL price at the time of writing was up by 5% in the last 24 hours, trading at $21.61, after registering an 18.5% decline in the last ten days.

One of the biggest contributing factors has been the recent integration of #SolanaPay into #Shopify, an #Ecommerce giant.

Users will be able to pay using #cryptocurrencies on the shopping portal with the help of Solana, although initially, only #USDC (#USDCoin) is supported.

Read the complete post here https://social.wubits.io/share/64e6a81c2d7f801682ff6e9d?rid=63dffbc796acc11510f0903b&utm_source=link
Ethereum (#ETH) price has gained momentum, showing more strength than #Bitcoin price despite BTC’s influence in driving altcoins in the crypto market. #news #crypto #cryptonews

The outpacing comes as more traders are betting on ETH, following growing speculation of an Ethereum Futures #Exchange Traded Fund (ETF) coming ahead of a spot #BTC #ETF.

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On Friday, #Deribit, the world's leading crypto options exchange by open interest and volume, will settle 72,000 #BTC August #options contracts worth $1.9 billion and 535,000 #ETH options contracts valued at $893 million.

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#Crypto Market Daily Review ☀️

The market is growing. Market cap is $1.07. #Bitcoin is trading at $26.3K.

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#Bitcoin hodlers are not discouraged

#GalaxyDigital's #report also shows the importance of short-term bitcoin holders and how they did not stop believing in the digital currency, despite its recent drop from $28,900 to $26,500.

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#SUI raises price after subsidy announcement

The cryptocurrency is among those that had the most gains in the last seven days.

The SUI #token went from trading USD 0.47 to USD 0.61 during the last week, showing an increase of almost 30%. And, although it later fell to USD 0.59, it continues to stand out for its increase on a weekly basis.

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Market depth is a widely used measure of liquidity, commonly calculated across the order books of cryptocurrency pairs on centralized exchanges (#CEXes), according to #Kaiko.

It provides the amount of bids and asks at varying distances from the mid-price, encompassing a range from -0.1% to 10%.

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#Base is the fastest L2 to grow to 100,000 users. This milestone was reached just 56 days after launch.

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👋 Just 5.8% of #Bitcoin is currently sitting on exchanges, which is officially the lowest level #crypto's top market cap asset has seen since December 17, 2017.

We are also continuing to see reasonable amounts of $BTC whale transactions (57.4K per week).

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🐳 #Ethereum network has increased activity from large addresses during this dip below $1,650 and its highly volatile price conditions.

The amount of wallets with between $10 and $10,000 ETH rose again to 355,000, and transactions of more than $100,000 increased.

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STOCK MARKET RECAP

The #FOMC's meeting minutes showed that future interest rate hikes remain on the table, signaling continued uncertainty for the #US economy, according to #fidelity #news #marketstock.

Meanwhile, news from overseas indicated that China's economy continues...

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#Bitcoin fell 6.6% on the week, as described in detail above.

It has been a tough period for bitcoin, one that might have been predicted by the calendar alone.

But it hasn’t just been bitcoin that has had a tough time. Equities, despite their positive performance on the w...

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💧Current state of the market in our weekly overview
💰 Bitcoin Halving 2024:

The next #Bitcoin #halving is expected to take place in April 2024.

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On-chain analysts at Santiment used a model to evaluate the #MVRV (Market Value to Realized Value) ratio for altcoins, and identified three tokens in the opportunity zone. On-chain intelligence tracker, Santiment, defines the opportunity zone as “buy points” for investors.

#Bounce (#AUCTION), #Linear (#LINA) and #Serum (#SRM) are the three assets that pose an opportunity for traders, according to Santiment’s model, seen in the chart below.

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As per Messari's findings, #Binance Labs has taken the lead as the primary investor in 14 out of 17 cryptocurrency transactions during the past six months.

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Weekly Star Summary Of The Most Important Scientific Data For The Cryptocurrency Market Compilation - #Bitcoin #Cryptocurrency #Market #LiquidityRising #Shib #GiantUndefeated

Bitcoin Back On Blue Way; Growing Activity; Liquidity Rising; #Shib Showing Strong Signals; Giants Keep Racking Up; All Or Nothing For Halving; Giant Undefeated

Read the complete post here; https://www.publish0x.com/rubikkav/weekly-star-summary-of-the-most-important-scientific-data-fo-xgvykdm
Base is the fastest growing layer 2, having gained 1 million unique addresses in 11 days from its official mainnet launch, according to Coingecko.

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Bitcoin Volume and Volatility Have Trended Down According To NYDIG

Declining USD spot volume has been a trend we have noticed all year, and August is a continuation of that trend.

While the month isn’t over yet, August is on track for the weakest month yet of declining spot volume. And this is amidst a resurgence in price this year – bitcoin is still up nearly 57% year to date, even if it may be off the yearly highs.

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The aggregated open interest for Ether futures across exchanges dipped to $4.43 billion on August 27th, the lowest it has been since December 2022, according to theblock.co.

One of the main reasons for the drop-off is the bout of liquidations that hit the crypto futures mar...

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Cryptocurrencies To Watch This Week Ahead Of The Monthly Market Close

💹Bitcoin and Ethereum continue without any relative movement. Little liquidity, volume and bearish sentiment promise an upcoming price correction.

👀Digital assets such as Litecoin, Binance Coin, Optimism Network and among others, seek the average weekly price ratio in order to remain in definitive support.

Read the complete article here: https://www.publish0x.com/rubikkav/cryptocurrencies-to-watch-this-week-ahead-of-the-monthly-mar-xjdekry