Crypto Ocean

🤠 Top 5 richest cryptans by assets at addresses tagged with Arkham service: Justin Sun ($1.1 billion) Rein Lohmus ($793 million) Vitalik Buterin ($782 million) Stefan Thomas ($452 million) James Fickel ($446 million) 📈Crypto_Ocean

Crypto Speak: The rocket emoji🚀 The advent of messaging technologies presented us with myriad ways to express ourselves without typing words. People can now type strings of emojis and still convey comprehensible yet complex meanings. Emojis have even permeated Crypto Twitter, and today, we’ll decipher what the rocket “🚀” emoji means. If you remember, we discussed the meaning of “to the moon.” If you’re running out of character space in a tweet, you can replace “to the moon” with “🚀,” and it’ll mean the exact same thing! You may come across a stickler who claims that “to the moon” is a slow increase in price, whereas “🚀” is more of a quick shot to the moon. This may be true, but the final destination in both scenarios is the same😉 📈Crypto_Ocean

🎒 PRCL - listing tomorrow on Backpack Backpack has announced the listing of the PRCL token. It's hard to say anything about the token drop from backpack yet, so we're waiting for notification from Parcl themselves. Well, the drawdown is over, now we can grow 📈 📈Crypto_Ocean

⚡️ Over the last 7 days, the volume of NFT transactions on the BTC network has increased by >120%. Other networks are also experiencing volume growth. 📈Crypto_Ocean

What is volatility? In the context of crypto, “volatility” describes the ebbs and flows of cryptocurrency prices. High volatility is a hallmark of the crypto market, whereas traditional stock exchanges are relatively stabler. The following has a profound impact on volatility: — Market sentiment — Liquidity — Speculation — Regulation — News. However, myriad other unpredictable factors may also impact volatility🙂 Therefore, investors of all levels should take into account influencing factors that could sway the markets to reduce risks. 📈Crypto_Ocean

🌏 Arkham analysts have created a special dashboard that shows how much BTC each government holds - you can also view all transactions in real time. - The US holds $15.27 billion worth of crypto assets, including BTC 212,847 and 45,654 ETH. - The UK owns 61,245 BTC worth $4.34 billion. - Germany holds 49,859 BTC worth $3.53 billion. - El Salvador holds 5,718 BTC worth $405 million. Most of the crypto assets, with the exception of El Salvador, the government got confiscated. 📈Crypto_Ocean

🐳Santiment: the average age of BTC investments continues to fall. This indicates that whales are bringing the coins back into circulation. For example, each BTC was held for an average of 638 days on November 29 and 502 days on April 12. Historically, this increases the likelihood of continued growth. 📈Crypto_Ocean

What does “market capitalization” mean? A “market capitalization” is an indicator of the general value of a cryptocurrency. To calculate it, multiply the price of one coin by its total number of coins in circulation (however, CoinMarketCap and CoinGecko do this for you already). For example, if the price for one coin is $100 and there are 1 million coins in circulation, its market capitalization, or “market cap,” will be $100 million. A coin’s market cap is a data point that gets a lot of attention from investors because it shows how much the market values a specific coin. The higher the market cap, the more valuable the coin is. Although there’s always tons of chatter surrounding the market caps of various cryptocurrencies, it’s by no means the only data indicator of a coin’s health. 📈Crypto_Ocean

📈 Billionaire Tim Draper still believes that by the end of the year the BTC exchange rate will triple to $250,000! The businessman believes that the growth of the market is fueled by investments in spot exchange-traded funds. New products make investing safer, and the limited supply of crypto makes it more attractive to investors. I've really started to see the boundaries blurring. People feel more comfortable with their bitcoins than they do with their dollars. 📈Crypto_Ocean

Exactly 11 years ago, the price of BTC fell 60% in one day from $265 to $185! At the time it was dubbed "The Great Crash of 2013" Today BTC is trading at $70,000 and the 60% drop is called a simple correction before the halving. 📈Crypto_Ocean