🔎 Altcoin season has already begun
That's what the head of CryptoQuant thinks, based on a comparison of altcoin trading volume with BTC volumes
Right now, that ratio is 2.7x
This is an unusual altcoin season. First, there is no direct rotation of BTC into altcoins
Second, BTC dominance is no longer an indicator of the altcoin season. It is now trading volume
That's what the head of CryptoQuant thinks, based on a comparison of altcoin trading volume with BTC volumes
Right now, that ratio is 2.7x
This is an unusual altcoin season. First, there is no direct rotation of BTC into altcoins
Second, BTC dominance is no longer an indicator of the altcoin season. It is now trading volume
Crypto speak: Candlesticks
Nothing complicated here: It’s just a way to visualize the price chart of a particular coin.
You’ve probably seen candlesticks: They’re those green and red bars on price charts. Green bars mean a rise in price; red bars mean a fall. Sometimes, traders simply call these bars “candlesticks.”
Nothing complicated here: It’s just a way to visualize the price chart of a particular coin.
You’ve probably seen candlesticks: They’re those green and red bars on price charts. Green bars mean a rise in price; red bars mean a fall. Sometimes, traders simply call these bars “candlesticks.”
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PayPal CEO, Alex Chriss, posts a video of purchasing a hat with Bitcoin over PayPal 👀
“With PayPal, consumers can seamlessly use crypto to pay at millions of merchants”
“With PayPal, consumers can seamlessly use crypto to pay at millions of merchants”
The percentage of supply in profit has dropped from 99% to 76%, meaning that 23% of the total BTC supply is currently in an unrealized loss.
This amounts to approximately 4,561,966 BTC out of a total of 19,834,633 BTC in circulation.
This decline can be worrisome, especially among inexperienced investors. However, during the previous consolidation phase, this figure dropped to 70%, confirming similar macro market cycles.
This amounts to approximately 4,561,966 BTC out of a total of 19,834,633 BTC in circulation.
This decline can be worrisome, especially among inexperienced investors. However, during the previous consolidation phase, this figure dropped to 70%, confirming similar macro market cycles.
📉 The top 10 cryptocurrencies since Donald Trump's inauguration.
“When Trump comes back, we'll be fine!” - they said.
💸 Crypto_Insights
“When Trump comes back, we'll be fine!” - they said.
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🔽Nvidia under attack: US-China trade war hits AI giant
Just a couple of weeks ago, Nvidia was the most valuable company in the world, with a capitalization of $3.7 trillion, but now it's at the center of one of the biggest geopolitical conflicts of our time.
What happened:
🔴 The US banned Nvidia from shipping its H20 series AI chips to China - citing “national security threats.”
🔴 As a result, Nvidia recorded a $5.5 billion loss in the first quarter - costs related to unsold chips and supply chain disruptions.
🔴 Shares fell 7% and the company lost $160+ billion in capitalization in just one evening.
Just a couple of weeks ago, Nvidia was the most valuable company in the world, with a capitalization of $3.7 trillion, but now it's at the center of one of the biggest geopolitical conflicts of our time.
What happened:
🔴 The US banned Nvidia from shipping its H20 series AI chips to China - citing “national security threats.”
🔴 As a result, Nvidia recorded a $5.5 billion loss in the first quarter - costs related to unsold chips and supply chain disruptions.
🔴 Shares fell 7% and the company lost $160+ billion in capitalization in just one evening.
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