WARNING: Be extremely mindful of PHISHING scams, such as the one attached herr. No hardware wallet manufacturer will ever ask for your seed words of phrase. Ever.
Forwarded from Glassnode
The number of #Bitcoin millionaire addresses (addresses holding ≥ $1M worth of $BTC) crossed 20,000.
It is the highest value since January 2018.
Live chart | @glassnode
It is the highest value since January 2018.
Live chart | @glassnode
Forwarded from Glassnode
#Bitcoin investor sentiment: Net Unrealized Profit/Loss (NUPL) has been in the "Belief" zone for the past week.
Currently, over 50% of the $BTC market cap consists of unrealized profits – a level not seen since August 2019.
Live chart | @glassnode
Currently, over 50% of the $BTC market cap consists of unrealized profits – a level not seen since August 2019.
Live chart | @glassnode
Forwarded from Cosima
“The growth of SEN is related to this quarter's increase in deposits. Digital currency deposits now sit at $2.1 billion, a $586 million increase this quarter. According to Lane, that's because customers maintained higher deposit balances to transact on the payments network. Silvergate now attributes more than 90% of its total deposit base to its digital asset servicing business.”
Genesis continues to see tremendous growth in its lending business, adding over $5.2B in new originations in Q3, marking its largest quarter ever by a landslide. For comparison, this is more than double the loan originations from last quarter of $2.2B, which was also record breaking. In summary, QoQ loan originations continue to grow at an exponential rate. Active Loans Outstanding surged to $2.1B at the end of Q3, up from $1.4B last quarter, representing roughly a 50% increase.