Bitcoin Magazine
16.1K subscribers
7.26K photos
695 videos
3 files
4.47K links
Download Telegram
๐Ÿ“Š๐Ÿ‘€ #BTC Glassnode: Bitcoin sits at the lower bound of the new buyers' cost basis range ($60kโ€“$70k).

Supply accumulation in this range is notable, but the cluster is thinner than historical analogs that preceded a strong recovery.
The accumulation setup is constructive in form, not yet in magnitude.
๐Ÿ“Š๐Ÿ”ฎ According to The Block data, in March, the share of prediction markets in cryptocurrency spot trading volume reached 2.47%, marking a historic high. This is a significant increase from 0.11% in March of the previous year, representing more than a 20-fold growth over the past year.
๐Ÿ“Š According to Token Terminal data, Ethereum hosts 61.4% of all tokenized assets, with $206.2 billion in tokenized assets settled on Ethereum. The market value of tokenized assets on Ethereum has increased by over 40% compared to the same period last year. #rwa
This media is not supported in your browser
VIEW IN TELEGRAM
๐Ÿ‘€ Strait of Hormuz Ship Traffic Over the Past 24 Hours.
๐Ÿ‡ธ๐Ÿ‡ป๐Ÿ“ˆ El Salvador added 31 $BTC in the past 30 days.

El Salvadorโ€™s official agency, The Bitcoin Office, reported that the nation's Strategic Bitcoin Reserve has surpassed 7,600 BTC. The total holdings have now reached 7,605.37 BTC, valued at approximately $506 million.
๐Ÿ•ต๏ธ El Salvadorโ€™s official agency, The Bitcoin Office, reported that the nation's Strategic Bitcoin Reserve has surpassed 7,600 BTC. The total holdings have now reached 7,605.37 BTC, valued at approximately $506 million.
๐Ÿ•ต๏ธ Bitcoin BTC/USD long positions on Bitfinex have risen to around 79,343, the highest since November 2023. Historically, this metric has acted as a contrarian indicator, with surges in longs often coinciding with price tops or preceding declines. Analysts suggest the latest increase, alongside macro uncertainty, may signal downside risk for #BTC. #macro
๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿฅท An IT glitch at Lloyds Banking Group exposed the transaction data and personal details of nearly 450,000 customers.
๐Ÿš€ Iran says pre-market news is a "reverse indicator."

"If they pump it, short it. If they dump it, go longโ€ฆ See something tomorrow? You know the drill."
๐Ÿ‘1
๐Ÿ—ฃ Vitalik Buterin says the original L2 vision โ€œno longer makes sense.โ€
๐Ÿ“Œ Top 5 News for 24 Hour:

1. Worldcoin sells 226.43M $WLD via OTC, receives 63M $USDC. โ†’
๐Ÿ‘ 286 | โค๏ธ 0 | ๐Ÿ” 4

2. ETH Fear & Greed Index. โ†’
๐Ÿ‘ 264 | โค๏ธ 0 | ๐Ÿ” 4

3. Bitcoin Fear & Greed Index update. โ†’
๐Ÿ‘ 345 | โค๏ธ 1 | ๐Ÿ” 3

4. Prediction markets share in crypto trading volume hits record high. โ†’
๐Ÿ‘ 238 | โค๏ธ 0 | ๐Ÿ” 4

5. Bitcoin long positions surge on Bitfinex, signaling downside risk. โ†’
๐Ÿ‘ 224 | โค๏ธ 0 | ๐Ÿ” 3

| | |
๐Ÿ“ˆ The Cumulative DEX Volume just crossed $12.5T for the first time ever.
๐Ÿณ Ethereum whale exits after months of accumulation

A whale deposited 3,246 ETH (worth $9.79M) from Kraken over the past four months.

Today, the same 3,246 ETH (worth $6.47M) was withdrawn to three different wallets and then sent to HitBTC, likely to sell.

The whale is currently sitting on an unrealized loss of $3.32M.
๐Ÿš€ Odds of crude oil hitting $130 per barrel surge to 57%
๐Ÿ’ธ Bitcoin falls under $65,000

$190,000,000 liquidated from the crypto market in the past 15 minutes.
Iran's speaker of parliament gives investment 'heads-up' in context of Trump's statements ๐Ÿ˜†
๐Ÿ‘1
๐Ÿ—ฃ President Trump says he wants to "take the oil in Iran," FT reports.
๐Ÿ˜ฑ๐Ÿค‘ Fear & Greed Index for #ETH
๐Ÿ•ต๏ธ With the sudden drop in the market, Machi got partially liquidated and closed some of the $ETH and $BTC long positions.

However, Machi increased the position size again, resulting in an overall loss of $31.3M.
๐Ÿณ A whale has re-bought 5,039 $ETH for $10M, buying the dip.

The whale currently holds 138,234 $ETH ($273.98M) and has $142.3M in loans.

Address: 0x54d250405d22e858d125ce2c1affc7d73afe6029
๐Ÿ“Š According to analyst Willy Woo, on-chain models suggest #BTCโ€™s bottom range is $46Kโ€“$54K, with the CVDD Floor Model at around $45.5K and trending upward. However, the models indicate that capital stored in #BTC has been declining since November, and if the historical behavior changes, the market may enter a deeper, uncharted bear phase.