ππ Santiment: Despite a decent rebound earlier in the week, the cryptocurrency market is still showing significant losses among short and medium-term holders. According to the network, the average returns of wallets active over the past 30 days are:
#ADA: -19.2% (Extreme Undervaluation)
#LINK: -13.0% (Strong Undervaluation)
#ETH: -6.3% (Mild Undervaluation)
#BTC: -6.1% (Mild Undervaluation)
#XRP: -4.7% (Very Slight Undervaluation)
#ADA: -19.2% (Extreme Undervaluation)
#LINK: -13.0% (Strong Undervaluation)
#ETH: -6.3% (Mild Undervaluation)
#BTC: -6.1% (Mild Undervaluation)
#XRP: -4.7% (Very Slight Undervaluation)
β€1
ππ€ #BTC Over 1.6 million Bitcoin moved on-chain this week. Historically, such movements have preceded significant price increases.
π€ Layer 1 blockchain SKALE has partnered with Layer 2 Base to develop an #AI-focused Layer 3 solution. link
ππ #ETH liquidity is stacked between $3,000β$3,100, with key liquidity zones below: ~$2,820 and a major cluster at $2,760β$2,730.
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π£ $40 billion hedge fund asserts that #BTC is here to stay, indicating that savvy investors are taking advantage of the current dip.
π Top 5 Chains by 24h Active Addresses
Tron surpassed BNB Chain and Solana, hitting 2.83M in active addresses. It also generated $935K in 24h fees, the highest in the market. Notably, 82% of these fees came from stablecoin transactions. #TRX #stablecoin
Tron surpassed BNB Chain and Solana, hitting 2.83M in active addresses. It also generated $935K in 24h fees, the highest in the market. Notably, 82% of these fees came from stablecoin transactions. #TRX #stablecoin
ππ€ #BTC has flashed a βdeath cross,β signaling weakening momentum after its recent drop and setting up the possibility of a deeper correction, consolidation or rebound depending on key support levels. cointelegraph
π #BTC Checkonchain: Historical Bitcoin bears usually bottom around the Realised Price level (currently $56k).
But with ETF flows remaining resilient and no FTX-style fraud in sight, that target feels excessive.
The "True Market Mean" ($82k) represents the cost basis of active investors. This could be the new line in the sand we are hammering out.
But with ETF flows remaining resilient and no FTX-style fraud in sight, that target feels excessive.
The "True Market Mean" ($82k) represents the cost basis of active investors. This could be the new line in the sand we are hammering out.
π€ #BTC JPMorgan goes from attacking Bitcoiners to declaring Bitcoin a βmacro asset classβ in the span of a week.
πΊπΈπ #BTC Texas launches BTC strategic reserve program, first $5M purchase made. theblock
πΊπΈπ¦ #XLM The fifth largest US bank US Bancorp is testing a Stablecoin platform on Stellar. theblock
πͺπͺ Robinhood and hedge fund Susquehanna International Group acquire a majority stake in MIAXdx (formerly LedgerX), a U.S. derivatives exchange formerly owned by FTX and now managed by Miami International Holding. bloomberg
πΏπ¦π¦ South Africa's Reserve Bank lists cryptocurrencies and stablecoins as emerging financial risks. bloomberg
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ββοΈ JPMorgan Chase has closed the corporate and personal bank accounts of Houston Morgan, head of crypto platform ShapeShift. theblock
π΅οΈββοΈ #ETH An Ethereum ICO participant contributed 20,000 ETH to FalcoinX at a price of $2906.79.
The last time he transferred tokens to the exchange, the price was $1452.04. He is currently still holding 3,070 ETH.
The last time he transferred tokens to the exchange, the price was $1452.04. He is currently still holding 3,070 ETH.
π #TRX Tron ranks number one in terms of active addresses in 24 hours. The network surpassed BNB Chain and Solana to reach 2.83 million active addresses.