Crypto Coinfessions ✖️ – Telegram
Crypto Coinfessions ✖️
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From: rubikkav.nft

Percentage of #bitcoin's circulating supply active onchain within the last month fell to a record low of 5.4% early this week, according to #Blockware Solutions and #Glassnode.

In other words, fewer coins are changing hands, indicating supply-side weakness. At press time, b...

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From: rubikkav.nft

#BTC spot premium increasing while price pumps.

#Binance funding turning negative.

$EURUSD nuking & holding near LOD is only concern - yearly open reclaim is needed then we'll really have a party on our hands.

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On September 13, the #Ethereum network recorded 1,089,893 active unique wallets, the second highest number in history.

#Base registered 1.4M transactions, inching closer to surpassing the August 21 record of 1.42M.

Since launching a #DeFi ecosystem this year, #Filecoin #TVL...

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From: rubikkav.nft

#Hedera Cryptocurrency Takes Flight as Market Sideways

Various announcements propelled Hedera (#HBAR) among the week's most profitable cryptocurrencies.

HBAR undertook a rise of up to 15% in the last three days, thus positioning itself among the cryptocurrencies with the hi...

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From: rubikkav.nft

#CoinGlass data shows that the funding rate for perpetual swap contracts on crypto exchanges plunged to -21.1% per annum on Sept. 13, indicating a crowding of short orders. #Sol #Solana

The open interest volumes for SOL have increased from $266 million to $327 million over t...

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From: rubikkav.nft

#Bitcoin open interest has outperformed the crypto markets due to increased institutional interest and wash trading on some exchanges, notes the analysis, according to #CoinTelegraph.

#Ether futures and options have declined significantly in 2023 when compared to previous y...

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After #Bitcoin's abrupt fall on September 11, it has recovered approximately 5.76% to date. We believe that what drove the price up was the official news from the German bank that it wanted a share in the market.

The truth is that the market still does not show signs of a strong reversal. There is simply a strong supply and demand fight between the median prices of $24523.21 and $26699.41. Losing the support of $26408.79, rest assured that many will want to open short positions instead of joining the rally of long positions.

Read the complete article here: https://www.publish0x.com/rubikkav/bitcoin-went-up-today-but-other-news-gave-a-lot-to-talk-abou-xdkrmyd
From: rubikkav.nft

#Bitcoin is deflationary. In fact, it's the only asset on Earth to not only have no inflation rate, it's supply diminishes every single day, making it the world's first deflationary store of value asset. Let's dig in. 👇🏽

Inflation is a metric that can only be applied to so...

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From: rubikkav.nft

💧Current state of the #market in our weekly overview

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From: rubikkav.nft

#Bitcoin’s Limited Supply Creates Scarcity and May Increase Its Value Over Time, according to #VenEck

Bitcoin interest among institutional investors has also increased.

Bitcoin may potentially increase portfolio diversification because of its low correlation to traditional ...

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From: rubikkav.nft

The #AxieInfinity #token (#AXS), belonging to the game that bears the same name, took off between last Monday and today, Friday, September 15, after the “Axie Game Jam,” a competition for developers, was announced.

The price of the token went from being at USD 4.52 on Monday...

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#Bitcoin Long-Short Liquidation Heatmap

As the price recovers towards $26,000, longs have increased and there is a high concentration of long liquidation at $25,700. And above its current price, short liquidation is concentrated at $27,100.

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Despite experiencing some fluctuations during the middle of the week, #bitcoin managed to conclude the week on a positive note, with a 3.2% increase, according to #nydig #report.

Bitcoin Price dropped to as low as $24,900 on Monday due to news of FTX's decision to liquidate its digital asset holdings in order to meet the demands of its creditors in the bankruptcy case.

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The premium for #Ether futures hit its lowest point in three weeks, standing at 2.2%, indicating a lack of demand for leveraged long positions, according to #CoinTelegraph. Ether 25% delta skew indicator briefly shifted to a bullish stance.

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Liquidity across the Bitcoin market continues to decline, with volumes on and off the network reaching historic lows. Currently short-term holders are at a loss.

🔵 More than two-thirds of long-term (LTH) investors' BTC (68.28%) are in latent profit.

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Scientific Compilation Data From #Bitcoin And Other #Cryptocurrencies Suggests We Will See Improvement In Trading Soon

Read The Complete Article Here: https://www.publish0x.com/rubikkav/scientific-compilation-data-from-bitcoin-and-other-cryptocur-xjdjxzo
Developments continue in the #stablecoin area, with recent highlights including the launch of #PayPal’s own stablecoin, #PYUSD, and #Visa rolling out support for #USDC payments on the #Solana #blockchain, according to #crypto.com.

Decentralized stablecoins have innovative stability mechanisms, typically making use of over-collateralized #DeFi protocols and algorithms; however, centralized stablecoins currently dominate the market share.

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From: rubikkav.nft

#THORChain (#RUNE), the native coin of the eponymous network, has had a price increase that made it stand out in the cryptocurrency market.

Over the past four days, RUNE went from trading at $1.47 to $1.92, representing an increase of more than 20%. Such performance now plac...

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