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From: rubikkav.nft
#Ripple #XRP Suprassed #BNB #BinanceCoin #BinanceChain and Now is the Forth Cryptocurrency by Market Cap 🔥 , according to #CryptoRank
Following a New York judge’s ruling, which stated that XRP token is not a security, XRP price surged by 67% in the last 24H while its market...
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From: rubikkav.nft
#Bitcoin’s price traded above $31,000 on July 4, fueling #bullish bets by #traders using options contracts, according to #CoinTelegraph #News.
Another failed attempt to break the resistance on July 6 explains why bulls have concentrated their bets on Bitcoin prices trading ...
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#Litecoin, one of the largest #altcoins in the #crypto #ecosystem, is closer to a #halving event.
According to data from crypto intelligence tracker #Santiment, there is a spike in social dominance of Litecoin.
Previous increases in this #metric coincided with a price correction in #LTC. Therefore, this on-chain indicator paints a bearish picture for Litecoin price trend in the short term.
Read More: https://buff.ly/46Zjxrc
From: rubikkav.nft
#Ripple #XRP victory bodes well for #ADA, #SOL, #MATIC
XRP partially winning against the commission has boded well for #altcoins recently labeled securities. Specifically, #Cardano (ADA), #Solana (SOL), and #Polygon (MATIC) prices have soared around 20%, each following the b...
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From: rubikkav.nft
Today, 74% of all #cryptocurrency transactions on #CentralizedExchanges incorporate a #stablecoin, according to #Kaiko.
This is an increase of 10% since the start of 2020, but well below all time highs hit in March, when very briefly, 87% of all crypto trades incorporated a...
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Assessing the magnitude of supply acquired during the recent correction to $25k, the volume of supply which jumped from 'in-loss' to 'in-profit' status was around 2.47M #BTC, equivalent to 12.7% of the total supply. #News #GlassNode
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From: rubikkav.nft
Labor Department’s #CPI Data Shows 3% Inflation Rate for June, according to #NewsBitcoin #News
#Inflation in the #UnitedStates continues to cool, according to the latest #ConsumerPriceIndex #report from the U.S. Bureau of Labor Statistics released Wednesday. Inflation has fa...
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From: rubikkav.nft
#Gold was down $43.38 per ounce or 2.2% for the month, closing at $1,919.35 on June 30. Two- and ten-year treasury yields climbed higher in June, but the U.S. #dollar was not to be blamed for gold’s drop this time. The U.S. dollar index (#DXY) was also down in June (-1.4%).
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From: rubikkav.nft
#BinanceChain #BinanceCoin #BNB futures open interest surged from $355 million on July 5 to the current $476 million, approaching its highest level in 18 months, according to #CoinTelegraph #CoinGlass.
This data leaves no doubt about the demand increase for leverage using f...
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From: rubikkav.nft
While early growth in both spaces has been eerily similar, don’t get too excited about #crypto’s future. By now, many of us have seen this graph comparing #internet adoption to crypto #adoption. #news
Crypto is adding new users at a pace so similar to the internet’s 1990s gr...
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From: rubikkav.nft
#Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more than 40-year high, according to #CBNC #News.
The consumer price index,...
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From: rubikkav.nft
#Binance maintains its dominant position in the market throughout H1 2023, and according to #Coinmarketcap #Report #News, with a total spot trading volume share of 59.99%,remaining relatively stable compared to the same period last year.
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From: rubikkav.nft
#Eurozone Producer Price Inputs declined 1.5%, led by a 5% MoM decline in energy prices, according to #Paradim.As a lead on Consumer Prices, this suggests Eurozone inflation is quickly heading sub 2%.
The composite #PMI meanwhile fell into contraction territory at 49.9, with...
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From: rubikkav.nft
#Ether #Ethereum (#ETH) staking is nearing a key milestone of 20% of all tokens locked up in staking contracts, but inflows have slowed after an initial rush as investors grow cautious about regulatory risks.
Investors have deposited 23.9 million of ETH to Ethereum’s staking...
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From: rubikkav.nft
Experts at #Santiment analyzed the trade volume metric for #MATIC and #BNB, which represents adoption and utility of the tokens among crypto market participants.
Both these altcoins have seen a particularly high interest from traders, when compared to other altcoins in the ...
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From: rubikkav.nft
Despite the #volatility #Bitcoin experienced in 2023, the extended sideways movement between February and July has proved to be fertile ground for accumulation, according to #CryptoSlate #News.
#Onchain #analysis showed that short-term holders (#STHs) and long-term holders ...
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From: rubikkav.nft
#Stablecoins have established themselves as the main medium of exchange within the crypto ecosystem and as a gateway into it.
They are so-called because they aim to maintain a stable value relative to a specified asset or pool of assets. Stablecoins are usually pegged to a ...
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From: rubikkav.nft
#Bitcoin’s seven-day active addresses have failed to exceed 1 million, only reaching the same levels as three months ago, according to #CoinTelegraph.
Moreover, the recent peak of 1.02 million addresses in April 2023 was 16% lower than the all-time high in January 2021.
Th...
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