Crypto Coinfessions ✖️ – Telegram
Crypto Coinfessions ✖️
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From: Rubikkav

With #Ethereum above $2,000, it could be an excellent time to buy. Why? A large volume of tokens were acquired at this level.

Data from @intotheblock reveals that 5.85 million wallets hold 43.8 million $ETH purchased between $1,900 and $2,100. This range could become a signi...

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From: Rubikkav

On Friday, the #Bitcoin network experienced its highest one-day hash rate ever recorded, reaching 571 (EH/s).

Halfway through this current difficulty epoch, and is projected to come in slightly negative. But I reckon we finish with a positive adjustment.

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From: Rubikkav

In the last few minutes, #Bitcoin surpassed the $40k barrier and locked up the liquidity of that area. For these moments it is better to wait for a price lateralization. Don't make hasty decisions.

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From: Rubikkav

#Bitcoin’s price has hit $42,000 as it has recovered to pre-Terra crash levels.

Liquidations spiked by over $160 million in the past 24 hours, with the majority being short positions.

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From: Rubikkav

Bitcoin surged through $40,000 over the weekend, hitting highs not seen in 19 months and surprising many who felt regulatory scrutiny would keep crypto prices suppressed. But this time Bitcoin proved resilient despite regulatory pressure.

We're here today to catch you up on...

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From: Rubikkav

There is currently no significant selling pressure in the market. Well, of course there is, but it's minimal. #Bitcoin

👀 See the real pressure that existed before February and compare it to what it is now.

There are many new addresses online – this stimulates the growth of...

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From: Rubikkav

Crypto policy spotlight shifts to 2024 US presidential race.

Brazil's largest bank approves crypto trading 🇧🇷
Hashdex predicts U.S. spot Bitcoin and Ether ETFs will launch by Q2 2024🚀.

New tech launched to modernize carbon credits 🌳.

Cosmos projects propose major DeFi ...

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From: Rubikkav

Despite a market rally, Bitcoin and Ethereum active addresses both fell by 6% and 3% respectively over the week.

As explored above, stablecoin activity continues to heat up with USDC active addresses rising 9%.

Forked chains Litecoin, Bitcoin Cash, and Ethereum Classic all...

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From: Rubikkav

In the last few hours, #Bitcoin cleared all existing short liquidity above 43k. Really surreal. Following the monthly parameters, the next maximum resistance is very close to $47698.23.

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From: Rubikkav

To put the current profitability of the offer into perspective, the graph below highlights three typical phases of the cycle over the last 5 years, #Bitcoin.

Bottom Discovery 🟥 where less than 58% (-1 std) of coins in circulation are profitable.

Bear/Bull transition 🟨 whe...

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From: Rubikkav

#Bitcoin mining is the perfect market equilibrium.

Difficulty adjustment keeps input costs in line with demand to acquire $BTC block rewards via power and hardware.

Our framework for estimating Cost of Production found miners are profitable ~50% of the time!

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From: Rubikkav

#glassnode
#Bitcoin continues to lead as one of the best performing assets globally in 2023.

Not only has #BTC appreciated over 140% YTD, it has more than doubled relative to gold, and still dominates against the rest of the digital asset industry.

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From: Rubikkav

The $45K Cap: A Turning Point for Medium-Term #Bitcoin Investors.

“The $45,000 mark is key as it represents the cost base for investors who purchased Bitcoin 2-3 years ago. This group holds 16% of the offer and represents 33% of the realized limit.”

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From: Rubikkav

#USDT #Tether supply edges toward 90 billion with potential influence on #Bitcoin prices.

USDT Tether experiences a 4 billion surge in circulating supply, echoing trends in Bitcoin's valuation.

🔥Monthly Derivatives #Exchange Volume Increased by 30% in November.

Derivativ...

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From: Rubikkav

$BTC correlation with $ETH hits a multi-year low in Nov.

BTC's 60-day correlation with ETH fell to a multi-year low of 75% in November and continued hovering below 80% for the longest period since July 2021.

ETH has mostly underperformed BTC and other altcoins since the Mer...

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From: Rubikkav

After a brutal #crypto winter, #Bitcoin is finally on the move. Just yesterday, $BTC briefly broke above $44k before settling back around $43k.

With many predictions circling $45k Bitcoin before year's end, perhaps this rally has legs after all.

Bitcoin futures open intere...

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From: Rubikkav

#Bitcoin to US long bond ratio matches ATH last seen in 2021.

Bitcoin hits new milestone against TLT, intensifying the notion of crypto over traditional bonds.

Short-term Bitcoin holders may have cashed in $3B as long-term investors hold steady.

In a two-day spree, Bitcoin...

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From: Rubikkav

BTC's price peaks at a new all-time high.

BTC then suffers a painful 80% or so drawdown.

The price eventually bottoms almost exactly one year after the prior cycle's high.

BTC starts to recover and takes about two years to reach a new all-time high.

BTC continues to rally...

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From: Rubikkav

In November, spot and derivative trading volumes on centralised exchanges reached their highest level since March 2023. Spot trading volume on centralised exchanges rose for the second consecutive month, rising 52.8% to $965.8bn.

This was the highest spot trading volume rec...

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From: Rubikkav

#Bitcoin is heating up! Optimism for $BTC has been at an all-time high since June. But remember, #BTC is contrarian and doesn't always follow the crowd.

Futures traders better take note! This increase in optimism could be a precursor to a price correction. Stay alert!

This ...

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From: Rubikkav

📈 #Cardano's market cap is +7% today despite most #crypto falling on Wednesday. The total number of $ADA addresses has been decreasing, which is a good sign.

Typically, declining portfolios are a sign that smallholders are capitulating and selling to the whales at a loss.

...

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