Crypto Coinfessions ✖️

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%). Click here to learn more

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... Click here to learn more

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... Click here to learn more

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,... Click here to learn more

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. Click here to learn more

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... Click here to learn more

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... Click here to learn more

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 ... Click here to learn more

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 ... Click here to learn more

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 ... Click here to learn more

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... Click here to learn more

Total #Stablecoin #Supply Has Dropped below $130 Billion, according to #CryptoRank The total market cap of stablecoins has decreased slightly over the past 30 days. Read More: https://buff.ly/3PShlvd

From: rubikkav.nft Price of the #Kava (#KAVA) #cryptocurrency increased from USD 0.90 to USD 1.02 in 24 hours, according to #CriptoNoticias. This growth represents 13.33. Although its price fell slightly later, it continues to be one of the currencies with the highest appreciation of the week.... Click here to learn more

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From: rubikkav.nft #Bluechip #DeFi tokens, including #COMP, #MKR, #AAVE, and #UNI, have outperformed #ETH over the last month and a half, according to #kaiko. COMP has posted 55% gains since the start of June, followed closely by #MKR at 47%. Meanwhile, #AAVE and UNI have gained 14% and 10%, ... Click here to learn more

From: rubikkav.nft Subsequently, and according to the weekly close, #Bitcoin #BTCUSD #BTCUSDT apparently the region of $30k and $31k will be an accumulation zone that could take some time to define the next movement. For now we have a neutral market but sensitive to any sudden changes. Studyin... Click here to learn more

From: rubikkav.nft Quarterly Transactions on #Bitcoin Network Reached New All-Time High, according to #CryptoRank The number of transactions on the Bitcoin #blockchain in Q2 2023 significantly increased due to the popularity of #Ordinals and #BRC20. Click here to learn more

From: rubikkav.nft According to data from #TradingView, #Coinbase shares surged 51%, from around $52 on June 6 to $78.7 on July 7. The stock is also up around 133% over the past six months, while year-to-year growth is roughly 50%. Amid significant growth, some major Coinbase stockholders have... Click here to learn more

From: rubikkav.nft #Bitcoin open interest expressed in native units has stabilised around 268k #BTC in July, retreating from a multi-month high of over 300k BTC hit mid-June, according to #Kaiko. Funding rates briefly flipped negative last week for the first time since May before recovering t... Click here to learn more

From: rubikkav.nft #Spot #bitcoin #exchange-traded fund-fueled rally has stopped translating into increasing crypto exchange volumes, data from #TheBlock #Research shows. Seven day moving average for daily crypto exchange volumes has declined from a recent high of $19.4 billion on June 27 to ... Click here to learn more