According to blockchain analysts, after the CFTC filed a lawsuit against Binance, the cryptocurrency exchange withdrew the equivalent of more than $2.2 billion in coins and tokens. At the same time, crypto-assets worth 1.3 billion were added to the exchange during this period.
So platform users are clearly not panicking. In addition, at the end of 2022, amid rumors about the alleged insolvency of Binance, much larger volumes of coins were withdrawn from it.
So platform users are clearly not panicking. In addition, at the end of 2022, amid rumors about the alleged insolvency of Binance, much larger volumes of coins were withdrawn from it.
Breaking: Big Blow To Binance; ASIC Scraps Binance Australia Derivatives AFS License
https://bit.ly/3zD3tMg
https://bit.ly/3zD3tMg
The Shanghai (Shapella) Ether update will take place today. It will enable validators to take ETNs out of stacking. Accordingly, investors are wary of large sales and rate declines, but they are very likely doing so in vain. More than half of all Ethers were locked in at higher prices than they are now.
In addition, the validators themselves are well aware of the danger of mass sales and will obviously not rush anywhere in the event of a successful upgrade.
In addition, the validators themselves are well aware of the danger of mass sales and will obviously not rush anywhere in the event of a successful upgrade.
IntoTheBlock analysts note a tangible increase in the volume of large ETH transactions this week. If on April 9 the total amount was 708 thousand ethers, then yesterday it exceeded 2.6 million coins.
Perhaps, it's the activation of large investors, who decided to take up staking, given the current support for withdrawal of cryptocurrency from it.
Perhaps, it's the activation of large investors, who decided to take up staking, given the current support for withdrawal of cryptocurrency from it.
As noted by analysts Santiment, last week commissions in the network of Etherium rose to the highest level since May 2022. The reason for this was the activation of traders amid the growing popularity of the meme-token PEPE, which showed significant growth.
Now commissions have fallen by about 35 percent. That is, they still remain quite high.
Now commissions have fallen by about 35 percent. That is, they still remain quite high.
The number of ETH in the stacking of the Etherium network (purple) exceeded the level of 18.9 million coins. This is a record figure, which means that the launch of cryptocurrency withdrawals from stacking in mid-April has not made the work of validators less popular.
To illustrate: over the past 24 hours, 104 thousand ethers were sent to Staking Eth, but only 10 thousand coins were withdrawn.
To illustrate: over the past 24 hours, 104 thousand ethers were sent to Staking Eth, but only 10 thousand coins were withdrawn.
Как отмечают аналитики Messari, стейблкоин USDC является наиболее популярным активом при использовании блокчейн-мостов в Эфириуме, то есть переводе токенов из Eth в другие сети. На него приходится около трети от общего объёма данного показателя, причём на втором месте находится USDT.
Вот соответствующий рейтинг.
Вот соответствующий рейтинг.
And this chart was shared by Changpen Zhao, head of cryptocurrency exchange Binance, who also did not forget about the important date. Here's Zhao's quote from Twitter.
"Exactly one year ago, the UST/LUNA collapse took place. Forty billion dollars of value evaporated, and Bitcoin sank from $28,000 to $19,000. There are some important lessons to be learned from that."
Indeed.
"Exactly one year ago, the UST/LUNA collapse took place. Forty billion dollars of value evaporated, and Bitcoin sank from $28,000 to $19,000. There are some important lessons to be learned from that."
Indeed.
Meanwhile, Bitcoin has become one of the most popular blockchains in terms of trading volumes with NFT, at the moment second only to Etherium. To recap, we are talking about the Ordinals protocol, which allows the creation of an analogue of unique tokens in the BTC network. It was the interaction with it that overloaded this blockchain the day before.
The share of BUSD (purple) in trading on the cryptocurrency exchange Binance dropped below 10 percent among all stablcoins, and this happened for the first time since July 2021. At the same time, the corresponding TUSD (in orange) reached a high of 24 percent.
All of this is a consequence of the ban on further issuance of BUSD by U.S. regulators in February 2023. After that, the supply of the token can only go down, which similarly affects its popularity.
Here is a chart from Kaiko.
All of this is a consequence of the ban on further issuance of BUSD by U.S. regulators in February 2023. After that, the supply of the token can only go down, which similarly affects its popularity.
Here is a chart from Kaiko.
One sign of a bearish trend is a significant drop in the volume of cryptocurrency transfers. As Glassnode analysts note, Bitcoin users are now sending the equivalent of $2.73 billion a day through the network.
That's down as much as 79 percent from the peak numbers recorded during the bull run in 2021. Here's the corresponding graph.
That's down as much as 79 percent from the peak numbers recorded during the bull run in 2021. Here's the corresponding graph.
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