💰 Bull Market Max and Average Correction :

2010-11: -51.28% | -18.41%
2012-14: -70.28% | -21.71%
2015-18: -32.93% | -10.93%
2018-21: -60.24% | -19.39%

2023: -19.11% | -5.47%.

In the current Bitcoin bull cycle, the market has witnessed relatively minor corrections, attributing to ETF buying pressure and hype so far.

📊 More than $1.2 billion has been liquidated in the last two days.

Longs: $890,38M

Shorts: $312,99M

💸Crypto_Insights

🖤 BlackRock has 243k BTC ($15.5 bln) on its balance sheet

BlackRock is buying about 4,120 BTC on a daily basis. If the pace continues, the company will outperform the Grayscale ETF over the next three weeks, which records average outflows at about the same level.

Grayscale has about $350k BTC on its balance sheet today, but the company was previously one of the largest holders of BTC, with 630k BTC on its balance sheet at its peak.

💸Crypto_Insights

Crypto speak: NFA

“NFA” is an abbreviation for “nonfinancial advice,” a disclaimer that this person is unqualified to provide financial advice and that their opinion should not be considered as such.

Most crypto resources use this expression to comply with legal requirements, but this word is often used in an ironic sense, just to recommend some coin.

💸Crypto_Insights

❗️ PayPal customers will be able to use PYUSD stablecoins for cross-border payments.

Through Xoom's cross-border payments service, US customers can now convert PYUSD to USD and then send money to "recipients in 160 countries" without being charged a transaction fee.

💸Crypto_Insights

📊 Intel $INTC just unveiled its new AI accelerator processor called Gaudi 3

Intel says the accelerator delivers "50% on average better inference and 40% on average better power efficiency than Nvidia H100 – at a fraction of the cost".

💸Crypto_Insights

Western Digital announced the launch of the first 4 TB digital memory card for phones🎉

The company said that the card will be available starting next year, and will support a data transfer speed of up to 104 MB per second.

The card will meet the latest flash memory standard set by the SD Association, which is the SDUC (Secure Digital Ultra Capacity) standard.

The SDUC standard, which was issued in 2018, increased the maximum possible storage space on SD cards from 2 TB to 128 TB.

💸Crypto_Insights

Just two days and 130 blocks after Bitcoin’s halving, miners have already earned 1,675 BTC, valued at $109 million. Impressively, 75% of this, equivalent to 1,262 BTC worth $82 million, came from transaction fees.

This amount significantly surpasses the 1,349 BTC collected in fees from April 1 to April 19, illustrating a sharp increase in miner revenue from transaction fees in a remarkably short period.

💸Crypto_Insights