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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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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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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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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#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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#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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📈 #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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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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Recent rise has been fuelled by the growth of Tether (#USDT) on the #Ethereum ($41 billion) and #Tron ($48 billion) networks respectively, resulting in an all time high market cap of $88 billion for #Tether, as Circle’s #USDC stabilizes at $22.5 billion.

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The latest price increase for #BTC has placed the asset higher than the entire spectrum of the realised price bands (refer Figure below).

This spectrum provides some of the most important price levels for any pullbacks as all of these bands have proven to be support levels in retests in the past.

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Year-to-date BTC is up almost 134%, whereas BITO is only up around 84%, mostly because of how managers of futures ETFs need to rotate the contracts they are holding as opposed to just handling the assets in perpetuity.

2023 has been a big year for Ethereum scaling solutions...

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Altcoin market share of trade volume surged to 67% last week, its highest level since March 2022, as traders continued rotating into riskier assets amid an ongoing rally.

Daily altcoin trade volume spiked above $20bn in early November for the first time since April 2023. Wh...

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#Cardano sought its largest liquidation pool at 0.598 USD. Additionally, in the short term, it adversely affected short sellers with a rapid price appreciation. Now, the majority of liquidity is below.

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Bitcoin continued its upward trajectory this week, zooming up 14.6% on the week.

Bitcoin seemed to make short work of “even level” price resistance, punching through $40K without much effort.

At its highest point this week, bitcoin touched $45K. The asset is now up 161.2%...

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Altcoins Cardano, Solana and Algorand noted a spike in their social dominance in the past 24 hours.

#ADA, #SOL and #OP social dominance marked one of the highest levels seen in 2023.

Analysts at crypto intelligence tracker Santiment recommend proceeding with caution when ...

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Corrections of up to 50% are coming in bull markets. The current cycle is in black. We have not seen a correction above 20% so far in this cycle, the profitability ratio is high. Be ready for dips to load your bags. #Bitcoin

Most $MATIC tokens were purchased or acquired betw...

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📈 #MakerDAO crosses $200M of annualized revenues.

MakerDAO underwent a significant transformation of its balance sheet over the past year by decreasing its #stablecoin exposure (PSMs) and allocating it in Real-World Assets (RWA), up to $2.89 billion, mainly off-chain T-Bill...

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Join to chat https://news.1rj.ru/str/+dRfMO4_XwS8xOGEx 📈📉🤝😎

Follow more news from the cryptocurrency market and traditional markets on the new #Wubits social network. Join here: https://social.wubits.io/share/invite?rid=63dffbc796acc11510f0903b&utm_source=link

Why $ETH is rising from an #onchain perspective

1. $ETH Staked Realized Price Breakout
The average unit price of $ETH staked on the Ethereum network is $2k. This is a key support and resistance price because it is the average unit price for investors who want to hold $ETH f...

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#Cryptocurrency market grew by USD 870 billion so far this year. The total #crypto market capitalization increased by approximately 110% between January and December 2023.

#Bitcoin led the market with the capitalization increase by 162%. #ETFs and #Ordinals in Bitcoin boosted the digital currency.

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