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Coinbase Wallet expanded support for Ledger hardware wallet ✳️

Cryptocurrency wallet Coinbase Wallet, owned by well-known cryhttps://miro.medium.com/max/1400/0*TF-3THDGIwoNKgLDptocurrency exchange Coinbase, has rolled out support for browser extensions for Ledger hardware wallets. The Coinbase Wallet extension, available from the Chrome Web Store, is a non-custodial wallet that allows users to store and transact cryptocurrencies and non-transferable tokens (NFTs).

By adding Ledger support, Coinbase users can use a physical Ledger device to store private keys to their wallets offline.

"We want to give everyone the ability to use DApps and access WebZ, and to do that we need to create the easiest-to-use and most affordable self-storage wallet in the ecosystem. Today's release solves ... the security problem."
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Forecast from Fidelity Investments: a double bottom is now formed on the Bitcoin chart, further growth is expected.
According to Glassnode analysts, the amount of ethers in the Ethereum 2.0 deposit contract has reached 10 million coins. The indicator has been getting to this level since the end of 2020, when ETH staking was launched. Here is a chart from Glassnode.
Half of March was quite expected for bitcoin, so far -10%. Cyclically, March most often brought losses, but expectations for April and May are very positive. And there are literally a couple of weeks left before them, are we waiting for the rockets?πŸš€
Share of BTC held by investors for less than 6 months hits new all-time low (Glassnode)

Technically, this means that speculators basically no longer believe in growth. Quite a bullish signalπŸ“ˆ
The number of stablecoin addresses with a balance of more than one dollar increased by 200 percent in a year (Coin Metrics)

USDT wallets on the Tron blockchain (TRC-20) lead by a large margin.
A few days ago, a surge in large transactions was recorded on the Ethereum network, and immediately after that, the cost of cryptocurrency began to grow by 20%.

Santiment did a study and found a powerful correlation between these events. This is clearly seen on the graph. Interesting indicator though
Top crypto exchanges by trading volume and open interest on futures (Cryptorank).
The undisputed leader is Binance. And between FTX, OKEX and Bybit there is a serious battle for the second place.
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Reputable trader Peter Brandt predicts that a breakout of the bullish ascending triangle pattern will take Bitcoin to $65,000. It usually hits the market quite accuratelyπŸ“ˆ
There is a mass withdrawal of Ethereum on crypto exchanges. The total balance on the platforms decreased by 1.25 million ETH.

A sharp withdrawal began along with the rise in the price of Ethereum in mid-March.
According to Glassnode, more than 63 percent of the BTC supply hasn’t moved in over a year. Historically, such high values have always preceded growthπŸš€
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Recent FUD campaign as well as panic selling organized by Alameda Research stimulates huge buzz around Waves. But what is really going on?

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Hurry up, staring in a few hours 1pm EST April 5th❗️
Coinshares (weekly report on financial flows in crypto - week to April 4):

Crypto products = again a large influx = + $ 180 million.
A rather optimistic view of Bitcoin (TAnalyst)

If we compare the beginning of uptrends in 2019 and 2020, we can find a lot in common with what is happening now. And if history repeats itself, we will be able to see military-technical cooperation for $100,000-150,000 this year.
However, many people are now fully convinced that the real correction in BTC is just beginning. There is even talk of prices below $10,000. Let's vote below who is waiting for whatπŸ‘‡
Bitcoin’s decline to $39,000 not only did not lead to mass panic, but on the contrary, there is a sharp increase in β€œbuy the dip” sentiment (Santiment)
Not in favor of the beginning of the global growth of Bitcoin is the Realized Profit/Loss metric from Glassnode. It tracks the ratio between coins moved at a profit and coins moved at a loss.

As can be seen from the history, all reversals began after this parameter entered the red zone (large-scale sales, liquidations, panic). At the moment we are very close to this zone, but have not yet entered. Therefore, it is far from a fact that the correction has already been completed.
⚑️A very visual chart of how much it spends:
- 1 transaction in the Bitcoin network
- 1 transaction on the Ethereum network (now)
- 1 transaction on the Ethereum network (after switching to POS)
There is an obvious inverse correlation between the total balance of BTC on exchanges and the price of Bitcoin (Glassnode infographic). The balance is falling = the price is growing, now everything is going to start such a trend.
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