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...
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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" 🔑...
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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...
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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...
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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.
🔗?...
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From: Rubikkav
US spot #Bitcoin #ETF could dwarf Canada’s $370 million market cap ETF success.
A potential US spot Bitcoin ETF could mirror Canada's success, projecting a market cap that challenges the top 100 ETFs.
#Ethereum hits year-to-date high with 97% surge.
Despite a stellar rise ...
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US spot #Bitcoin #ETF could dwarf Canada’s $370 million market cap ETF success.
A potential US spot Bitcoin ETF could mirror Canada's success, projecting a market cap that challenges the top 100 ETFs.
#Ethereum hits year-to-date high with 97% surge.
Despite a stellar rise ...
Click here to read more
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From: Rubikkav
Dec. 8 Options Data #bitcoin #ethereum
- 33,000 BTC options are about to expire with a Put Call Ratio of 0.84, a Maxpain point of $40,000 and a notional value of $1.43 billion.
- 210,000 ETH options are about to expire with a Put Call Ratio of 0.59, a Maxpain point of $2,15...
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Dec. 8 Options Data #bitcoin #ethereum
- 33,000 BTC options are about to expire with a Put Call Ratio of 0.84, a Maxpain point of $40,000 and a notional value of $1.43 billion.
- 210,000 ETH options are about to expire with a Put Call Ratio of 0.59, a Maxpain point of $2,15...
Click here to read more
#Cardano price rallied to $0.50 early on Friday, hitting a three-month peak.
Nearly 80% of Cardano wallet addresses are currently profitable, priming ADA for sell-off.
Cardano retail investors are accumulating $ADA tokens while large wallet investors distribute their hold...
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Nearly 80% of Cardano wallet addresses are currently profitable, priming ADA for sell-off.
Cardano retail investors are accumulating $ADA tokens while large wallet investors distribute their hold...
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#ChainLink whales could take profits and send LINK price lower as 92% wallet addresses sit on unrealized gains.
A spike in ChainLink whale transactions coincides with realized profits since the beginning of December.
$LINK price is above key support between $14.55 to $15....
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A spike in ChainLink whale transactions coincides with realized profits since the beginning of December.
$LINK price is above key support between $14.55 to $15....
Click here to read more
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📈 #Synthetix Perps Open Interest crosses $200M with $120M in Non-#ETH/#BTC #OI.
This peak reflects the highest recorded #onchain open interest for altcoins, indicating a diversification beyond major cryptocurrencies into Synthetix's extensive 80+ market offerings, including...
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This peak reflects the highest recorded #onchain open interest for altcoins, indicating a diversification beyond major cryptocurrencies into Synthetix's extensive 80+ market offerings, including...
Click here to read more
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Record Number of Bitcoin Addresses - The number of addresses holding BTC surpassed 50,000,000 for the first time ever this week.
Though one address does not necessarily mean one user, the growth in addresses with a balance of Bitcoin suggests growing adoption.
Bitcoin's dom...
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Though one address does not necessarily mean one user, the growth in addresses with a balance of Bitcoin suggests growing adoption.
Bitcoin's dom...
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