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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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...
Click here to read more
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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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#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...
Click here to read more
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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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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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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...
Click here to read more
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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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#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 ...
Click here to read more
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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📈 #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.
...
Click here to read more
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From: Rubikkav
#Bitcoin Supply Shrinks Amid Anticipation of Major Market Events.
In late October 2023, the Bitcoin market experienced a notable event as the price hit $34.4K, indicated by a green dot 🟢.
At this point, there was a decrease in selling activity from both short-term holders...
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#Bitcoin Supply Shrinks Amid Anticipation of Major Market Events.
In late October 2023, the Bitcoin market experienced a notable event as the price hit $34.4K, indicated by a green dot 🟢.
At this point, there was a decrease in selling activity from both short-term holders...
Click here to read more
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From: Rubikkav
As we established last week, Bybit has been one of the fastest growing exchanges as measured by spot volume. This trend is even more compelling when taking a closer look at volume by stablecoins.
Since the start of November, Bybit has facilitated $25bn of USDC volume and $41...
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As we established last week, Bybit has been one of the fastest growing exchanges as measured by spot volume. This trend is even more compelling when taking a closer look at volume by stablecoins.
Since the start of November, Bybit has facilitated $25bn of USDC volume and $41...
Click here to read more
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From: Rubikkav
Transaction fees on #æEthereum, called “gas” in the jargon of this network, rose 90% between November and December. The median gas rate went from 31.4 Gwei to 58.5 Gwei from November 6 to December 6.
According to data collected by the analyst identified as Hildobby and shown...
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Transaction fees on #æEthereum, called “gas” in the jargon of this network, rose 90% between November and December. The median gas rate went from 31.4 Gwei to 58.5 Gwei from November 6 to December 6.
According to data collected by the analyst identified as Hildobby and shown...
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From: Rubikkav
Key #Bitcoin indicators highlight bullish trend, reminiscent of past bull runs
Strategic moving averages indicate a positive shift in Bitcoin's financial landscape.
Bitcoin transaction fees surge, rivaling #Ethereum daily gas fee totals
As mempool volume increases, Bitcoin...
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Key #Bitcoin indicators highlight bullish trend, reminiscent of past bull runs
Strategic moving averages indicate a positive shift in Bitcoin's financial landscape.
Bitcoin transaction fees surge, rivaling #Ethereum daily gas fee totals
As mempool volume increases, Bitcoin...
Click here to read more
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From: Rubikkav
#BITMEX whales that were driving the price is taking profits.
During our 37~43k jump BITMEX OI has aggressively increased. Over 40% over OI increase was noticed during the period.
Today, seems like they have taken their profit. Funding Fee's dropping, OI dropping as the po...
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#BITMEX whales that were driving the price is taking profits.
During our 37~43k jump BITMEX OI has aggressively increased. Over 40% over OI increase was noticed during the period.
Today, seems like they have taken their profit. Funding Fee's dropping, OI dropping as the po...
Click here to read more
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From: Rubikkav
#Bitcoin's resurrection leaves short sellers rekt 😬.
Jamie Dimon's typical anti-crypto rhetoric 🙄.
New #US legislation showing government warming up to crypto 🏛️.
Hong Kong cracking down on alleged crypto scams 👮♂️.
Leading Canadian exchanges surpassing $1 billion in...
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#Bitcoin's resurrection leaves short sellers rekt 😬.
Jamie Dimon's typical anti-crypto rhetoric 🙄.
New #US legislation showing government warming up to crypto 🏛️.
Hong Kong cracking down on alleged crypto scams 👮♂️.
Leading Canadian exchanges surpassing $1 billion in...
Click here to read more
From: Rubikkav
The percentage of supply in #Bitcoin profit reached 91%. Historically, we have always achieved 94%. We still have a little more room on the upside.
⚡️ Approximately 199 thousand wallets that contained $LTC 10 days ago no longer have coins. This is the biggest drop in wallets...
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The percentage of supply in #Bitcoin profit reached 91%. Historically, we have always achieved 94%. We still have a little more room on the upside.
⚡️ Approximately 199 thousand wallets that contained $LTC 10 days ago no longer have coins. This is the biggest drop in wallets...
Click here to read more
From: Rubikkav
Another reason I think this rally has legs is that whales with 10k #Bitcoin or more are accumulating again.
In the last two weeks, they started to distribute slightly when #Bitcoin was hovering at $38,000.
The market is now making them buy higher.
The following chart displ...
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Another reason I think this rally has legs is that whales with 10k #Bitcoin or more are accumulating again.
In the last two weeks, they started to distribute slightly when #Bitcoin was hovering at $38,000.
The market is now making them buy higher.
The following chart displ...
Click here to read more
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From: Rubikkav
🐳 #Ethereum reached $2,349, its highest level since June 2022. The long-term trend of major non-exchange whale wallets getting richer and major non-exchange whale wallets having less selling power is a promising combination for a continuous climb.
The percentage of companie...
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🐳 #Ethereum reached $2,349, its highest level since June 2022. The long-term trend of major non-exchange whale wallets getting richer and major non-exchange whale wallets having less selling power is a promising combination for a continuous climb.
The percentage of companie...
Click here to read more
From: Rubikkav
😱 Traders fear that #cryptomarkets could be in a #trap at the moment. But while #Bitcoin may have stalled for now, #Ethereum and #altcoins are taking off once again. #FUD could boost $BTC to $50K if it rises.
Data shows top traders futures’ Bitcoin long-to-short at the lowe...
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😱 Traders fear that #cryptomarkets could be in a #trap at the moment. But while #Bitcoin may have stalled for now, #Ethereum and #altcoins are taking off once again. #FUD could boost $BTC to $50K if it rises.
Data shows top traders futures’ Bitcoin long-to-short at the lowe...
Click here to read more
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From: Rubikkav
Some metrics signal that the #Bitcoin price is overheating after the recent rise above US$40,000 (red areas).
1. Bull-Bear Market Cycle Indicator: Bullish phase overheated for the first time since July.
2. The sustainability of miner profits/losses: the block reward grows m...
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Some metrics signal that the #Bitcoin price is overheating after the recent rise above US$40,000 (red areas).
1. Bull-Bear Market Cycle Indicator: Bullish phase overheated for the first time since July.
2. The sustainability of miner profits/losses: the block reward grows m...
Click here to read more
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From: Rubikkav
#Bitcoin has been battling to break past the $44k resistance level this week, briefly moving above it before falling back into the $43k range.
#Robinhood launches #crypto trading in Europe amid volume surge in US 💷.
Jack Dorsey drops new Bitcoin hardware wallet "Bitkey" 🔑...
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#Bitcoin has been battling to break past the $44k resistance level this week, briefly moving above it before falling back into the $43k range.
#Robinhood launches #crypto trading in Europe amid volume surge in US 💷.
Jack Dorsey drops new Bitcoin hardware wallet "Bitkey" 🔑...
Click here to read more
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From: Rubikkav
Network Fees - Sum of total fees spent to use a particular blockchain. This tracks the willingness to spend and demand to use Bitcoin or Ether.
Bitcoin fees increased by 60%, led by the ORDI BRC-20 token increasing in price by 150% this week
Ethereum fees climbed by 48%, wit...
Click here to read more
Network Fees - Sum of total fees spent to use a particular blockchain. This tracks the willingness to spend and demand to use Bitcoin or Ether.
Bitcoin fees increased by 60%, led by the ORDI BRC-20 token increasing in price by 150% this week
Ethereum fees climbed by 48%, wit...
Click here to read more
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From: Rubikkav
Market performance for #BTC since the cycle high is also surprisingly similar to the 2013-17 and 2017-21 periods. Note that here we use the April 2021 market top as the cycle peak, which we argue is a better reference point for comparing cycle length.
🔴 2013-17: -42% drop f...
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Market performance for #BTC since the cycle high is also surprisingly similar to the 2013-17 and 2017-21 periods. Note that here we use the April 2021 market top as the cycle peak, which we argue is a better reference point for comparing cycle length.
🔴 2013-17: -42% drop f...
Click here to read more
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From: Rubikkav
🗣️ $JTO and its new airdrop are at the top of our list of trending tokens, according to data from #X, #Reddit, #Telegram and #4Chan.
Additionally, #Bitcoin is seeing a variety of discussions about its future, and several other assets are seeing #FOMO due to the pumps.
🔗?...
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🗣️ $JTO and its new airdrop are at the top of our list of trending tokens, according to data from #X, #Reddit, #Telegram and #4Chan.
Additionally, #Bitcoin is seeing a variety of discussions about its future, and several other assets are seeing #FOMO due to the pumps.
🔗?...
Click here to read more
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