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Bitblitz Crypto
Second Largest Institutional Accumulation of 2024 📈 Major players are capitalizing on the dip in Bitcoin, amassing 100,000 B
Second Largest Institutional Accumulation of 2024 📈 Major players are capitalizing on the dip in Bitcoin, amassing 100,000 BTC recently. This significant accumulation indicates robust institutional confidence in Bitcoin's future prospects.

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📉 Since May 2021, the average number of addresses selling BTC daily has plummeted from 234K to 22K. ✨ This sharp decline hig
📉 Since May 2021, the average number of addresses selling BTC daily has plummeted from 234K to 22K. ✨ This sharp decline highlights BTC's high value to holders, indicating a bullish sentiment even amid the current market correction.
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🔝 Most Popular Cryptocurrencies by Region in 2024. It's fascinating to observe the varied preferences worldwide! 🚀 - North
🔝 Most Popular Cryptocurrencies by Region in 2024. It's fascinating to observe the varied preferences worldwide! 🚀 - North America: Bitcoin, Solana, Ethereum - Europe: Bitcoin, NOT, Ethereum - Asia: Bitcoin, NOT, PEPE - South America: Bitcoin, Dogecoin, Solana - Africa: NOT, Bitcoin, PICKLE - Australasia: Bitcoin, Solana, Ethereum
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📊 Realized losses over the last 30 days total $403M, mirroring the early COVID market crash losses. 📉 However, these losses
📊 Realized losses over the last 30 days total $403M, mirroring the early COVID market crash losses. 📉 However, these losses are much smaller compared to the post-China mining ban (3.3x higher) and the Luna ecosystem crash (4.6x higher).
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📈 Since the market correction began, Binance has boosted its reserves by 41K BTC. 🔎 This partly explains who was buying whi
📈 Since the market correction began, Binance has boosted its reserves by 41K BTC. 🔎 This partly explains who was buying while others were selling.
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📈 Permanent holders, mostly custodial wallets with no outflows, accumulated 85K Bitcoin in the last 30 days. These wallets a
📈 Permanent holders, mostly custodial wallets with no outflows, accumulated 85K Bitcoin in the last 30 days. These wallets are neither ETFs, exchanges, nor miners. 📉 During the same period, 16K BTC flowed out of ETF holdings. While some panic sell, others are seizing the opportunity to buy.
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BTCUSDT Order: BUY @ 58766 TP: 60000 SL: 58388
BTCUSDT Order: BUY @ 58766 TP: 60000 SL: 58388
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📊 Since MiCA (Markets in Crypto-Assets Regulation) came into effect for USDC, there's been a noticeable divergence between U
📊 Since MiCA (Markets in Crypto-Assets Regulation) came into effect for USDC, there's been a noticeable divergence between USDT and USDC. 📉 USDT supply is decreasing, while USDC supply is on the rise!
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🔒 Almost 40% of Ethereum's supply is locked up, with 28% staked and another 12% tied up in smart contracts and bridges. As t
🔒 Almost 40% of Ethereum's supply is locked up, with 28% staked and another 12% tied up in smart contracts and bridges. As the trading start of the ETH ETF approaches, institutional interest is poised to grow significantly. 📈 Meanwhile, the supply of Ethereum on exchanges continues to shrink, indicating a potential shortage in the market. These factors combined suggest that ETH is well-positioned for a price rally in the near future.
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📊 Mt. Gox is set to distribute 142,000 bitcoins, and the German government is selling nearly 50,000 bitcoins. 📉 Ethereum is
📊 Mt. Gox is set to distribute 142,000 bitcoins, and the German government is selling nearly 50,000 bitcoins. 📉 Ethereum is down due to these bitcoin sales, trading below the market-shocking ETF approval from just a month and a half ago.
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⛓ Miners continue to struggle with the hash rate. 📉 Their income per new block has dropped by 2.5 times, while their sales v
⛓ Miners continue to struggle with the hash rate. 📉 Their income per new block has dropped by 2.5 times, while their sales volume on exchanges has quadrupled, signaling a bearish trend.
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BTCUSDT Order: SELL @ 56142 TP: 54598 SL: 56707
BTCUSDT Order: SELL @ 56142 TP: 54598 SL: 56707
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📊 Digital asset investment products saw inflows totaling $441 million. 📈 Recent price declines, prompted by Mt. Gox and the
📊 Digital asset investment products saw inflows totaling $441 million. 📈 Recent price declines, prompted by Mt. Gox and the German government's selling pressure, are likely being viewed as buying opportunities.
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📈Capital seems to be returning to the crypto market! 📊 If this trend persists and more stablecoins are minted in the coming
📈Capital seems to be returning to the crypto market! 📊 If this trend persists and more stablecoins are minted in the coming weeks, the bottom may be in sight!
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📰 PreBit Weekly Digest 🗞 Discover What's Trending This Week: 📉 NFT Sales Plunge 44% 💼 Abra Launches Treasury Service for Corporate Crypto Holdings 🏆 Circle Secures First MiCA-Compliant Stablecoin License 💰 Justin Sun Offers to Buy Germany's $2.3B Bitcoin Holding 📈 Venezuela's Crypto Remittances Surge Amid Economic Crisis and Migration Exodus 🔍 Bitcoin's $7 Billion Open Interest Decline: Decoding Market Dynamics 🏙 MANTRA Partners with MAG to Tokenize $500M UAE Real Estate Get Your Weekly Dose of Crypto Insights with PreBit! 🌐
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🔀 Major Divergence Between Ethereum and Bitcoin! 📊 ETH is growing scarcer than BTC. The exchange balance for ETH has droppe
🔀 Major Divergence Between Ethereum and Bitcoin! 📊 ETH is growing scarcer than BTC. The exchange balance for ETH has dropped to 10.189% while BTC's balance has risen to 15.086%.
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📊 The debate continues on whether Bitcoin has entered a bear market or if its bull cycle has concluded. Historically, Bitcoi
📊 The debate continues on whether Bitcoin has entered a bear market or if its bull cycle has concluded. Historically, Bitcoin often encounters difficulties in the initial three to six months after a halving event, a trend consistent with its current performance. 🔄 Despite the recent correction, BTC's path aligns with past cycles, suggesting that the current market dynamics are typical of a cycle rather than a clear indication of a bear market.
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🔥 TRON Network Shows Resilience Amid Market Turbulence 📈 Despite market uncertainty and widespread sell pressure, TRON’s ac
🔥 TRON Network Shows Resilience Amid Market Turbulence 📈 Despite market uncertainty and widespread sell pressure, TRON’s active user base has grown since the start of the year and remains near all-time highs.
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📈 Stablecoins have overtaken Visa, which holds 40% of the global payment market! 📊 In Q2 2024, stablecoins handled a higher
📈 Stablecoins have overtaken Visa, which holds 40% of the global payment market! 📊 In Q2 2024, stablecoins handled a higher payment volume than Visa.
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💸 Bitcoin traders are realizing losses from selling at this point. 📊 Their margins are at -17%, the most negative since Nov
💸 Bitcoin traders are realizing losses from selling at this point. 📊 Their margins are at -17%, the most negative since November 2022, shortly after the FTX collapse.
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