π #BTC business adoption with River is up 154% since 2024.
πΈ #BTC Over the past 24 hours, contracts worth ~$294.35 million have been liquidated, of which longs have liquidated ~$83.76 million and shorts ~$210.59 million.
ππ€ #BTC CQ: At the moment, derivatives are taking the lead in terms of volume, so all attention is shifting to futures: Funding Rate, open interest (OI), liquidation levels and taker order activity.
πΉCrypto Trading ReportsπΉ
ππ€ #BTC CQ: At the moment, derivatives are taking the lead in terms of volume, so all attention is shifting to futures: Funding Rate, open interest (OI), liquidation levels and taker order activity.
π #BTC CQ: Bullish pressure continues on the futures, it has decreased slightly compared to May 6 and 7, but it's not so important now - the bears have already surrendered. Next stop $100K.
Forwarded from Bitcoin Insights
πΊπΈ According to River, more Americans now invest in Bitcoin than in gold.
π Roughly 49.6 million people in the U.S. hold BTC, compared to 36.7 million gold investors. π
Digital gold seems to be winning the popularity contest β one Satoshi at a time.
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ππ #ETH is now extremely undervalued compared to BTC, the first time since 2019.
Historically, this led to Ethereum outperforming.
However, supply pressure, weak demand, and flat activity could stall a rebound.
Historically, this led to Ethereum outperforming.
However, supply pressure, weak demand, and flat activity could stall a rebound.
πΊπΈπ£ Trump: Jerome Powell is a FOOL who doesn't understand anything. Other than that, I like him a lot! Oil and energy are massively cheaper, almost all spending is down, inflation is virtually NONE, customs duties are pouring into the US.
πΏ #BTC Strategy will introduce the 2025 Bitcoin Standard Model to help companies adopt BTC.
πΊπΈπͺπΊΠΠ‘ proposes to impose duties on β¬95 billion worth of goods from the US if talks fail. #tradewars
ππ #BTC has established a strong support floor at $94,719, where 195,320 BTC were accumulated. On the upside, a key resistance wall stands at $101,673, with 81,910 BTC accumulated at that level.
πΏ #COIN Coinbase to buy crypto options platform Deribit for $2.9 billion - WSJ
π΅οΈ Over 3.32 million #LINK have flowed out of exchanges in the past 24 hours, as shown by on-chain data from Santiment.
π #HYPE Hyperliquid continues to strengthen its presence in the crypto market, recently surpassing the significant milestone of $1 billion in Total Value Locked.
π° #S Sonic Labs completes $10M strategic funding led by Galaxy