Crypto Coinfessions ✖️ – Telegram
Crypto Coinfessions ✖️
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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
Growing accumulation by #long-term #Bitcoin #holders and a record 40% of dormant supply for over three years, per #BitfinexAlpha, point to market optimism.

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Daily active addresses on Ripple rose by 8%, while activity on Bitcoin and Ethereum slipped by 6% and 3% respectively.

Meanwhile, Balancer experienced a 62% surge in activity as the DeFi protocol was exploited for 900k, while active addresses of Lido Staked ETH gained 162% ...

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Bitcoin appreciates approximately 5% after the decision of the supreme court of the United States to plead in favor of GrayScale and against the Securities and Exchange Commission (SEC).

According to court filings on Aug. 29 and as reported by CoinTelegraph, US Circuit Court of Appeals Judge Neomi Rao ordered Grayscale's petition for review to be granted and the SEC's order to be struck down. to deny GBTC's listing request.

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Summary Of The Most Surprising News That Happened During The Day In The Cryptocurrency Market

Market reacts to the Grayscale news and some cryptocurrencies see significant appreciation amid the positive euphoria.

x.com is aiming towards the implementation of cryptocurrency payments within the platform.

Scientific data and the latest stories keep Bitcoin a strong digital asset.

Read More Here: https://www.publish0x.com/rubikkav/summary-of-the-most-surprising-news-that-happened-during-the-xevyqwr
EOS rallies 9% following landmark regulatory approval in Japan, according to #cryptoslate

Data from CryptoSlate shows that the EOS token reacted positively t the news of the approval, rising by 9% to $0.63108 as of press time.

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🎉 The majority of the #crypto community attributed today's price increases to #Grayscale's victory over the #SEC.

The court ruled in favor of Grayscale, feeling that the SEC had exceeded its authority by blocking the conversion. Optimism has increased since then.

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#Bitcoin is back in the spotlight as Greyscale emerges victorious from its SEC lawsuit. The next milestone? $30k.

Our on-chain data reveals that 6.2M addresses acquired ~2.6M $BTC between the current price and $30k.

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The most famous meme coin, #DOGE, had a new boost hours ago and is firm above $0.065.

The price of dogecoin (DOGE), the most famous memecoin, has achieved a slight increase of 2% in its price in the last day.

Read more: https://social.wubits.io/share/64f0afc5bdb5413f588d064a?rid=63dffbc796acc11510f0903b&utm_source=link
#Bitcoin is going down due to the #SEC's rejection of the approval of investment funds.

SEC is opting to delay (as expected) on spot bitcoin #ETF deadlines.

Bears won again!

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From: rubikkav.nft

#Bitcoin or Altcoin. Which one do you prefer? 😂😂😂😅 #meme #CryptoMeme

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From: rubikkav.nft

The 30-day futures market sentiment index has failed to recover and continues to drop along with the price of #BTC.

The index takes into account the Financing Rate and Open Interest in a 50/50 ratio. When the index starts to rise, it can push the price of BTC higher.

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From: rubikkav.nft

🟢#BTC Velocity is a kind of turnover rate that indicates how well BTC is circulating in the market, according to the last #CryptoQuant #Report.

Velocity is currently at its lowest level since August 2020 and is still on a decline.Velocity has been moving through repeated h...

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From: rubikkav.nft

When the price of #BTC suddenly moves, we can see the magnitude of the bid falling into loss through changes in the Percent Bid to Profit metric.

Here we see that 12.8% (2.48 million #BTC) of the supply fell into an unrealized loss this week, setting a lower low on this metr...

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Main Scientific Discussions Compilation Around The Cryptocurrency Market After A Surprise Drop In Prices

📈Network fees for both Bitcoin and Ethereum dropped to their lowest in two months as on-chain activity faded in spite of the GBTC news.

🔥Bitcoin recorded modest inflows into CEXs of just $5M this week, and $170M in net outflows throughout August.

💋Ether continues to record larger outflows, with $380M leaving CEXs this week and a approximately $1.5M this month.

👉🏼Read the complete post here: https://www.publish0x.com/rubikkav/main-scientific-discussions-compilation-around-the-cryptocur-xwvnnyr

#Bitcoin #Ethereum #Cryptocurrency #CEXs #NetworkFees
From: rubikkav.nft

zkSync Era, a Layer 2 #zkEVM created by Matter Labs to scale Ethereum, has seen a consistent 15% week-over-week growth in #DEX volume over the past three months, with $5.5B+ DEX volume to-date, according to #ournetwork.

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From: rubikkav.nft

📈 Market Overview

Bitcoin price trades below $26K. The top-10 cryptos are traded in red zone:

XRP -1.37%
Solana -1.11%
Ethereum -0.75%

Market capitalization: $1.15T (-0.53%)
The BTC dominance: 43.68% (-0.13%)
Fear & Greed Index: 39 (Fear)

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From: rubikkav.nft

#Bitcoin is falling to realized losses at the 50-day moving average of the RPV index.

And if previous cycles tell us anything, this is the last time this happens until the top of the next cycle!

With each cycle, ...

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