Crypto Coinfessions ✖️

/activate

/active

With the collapse of many major banks it will not be inevitable that Bitcoin will step on the support of the monthly EMA100 near $16644.31. #bitcoin #crypto $bitcoin #silvervalleybank Read More And Get Crypto For Free - by Rubikkav

Bitcoin price makes comeback above $20,000 after $422 million in BTC options were liquidated

🚨 CAUTION: Keep an eye on these regional banks. Last week, a total of 52 U.S. regional banks experienced a stock drop of over 10%. As of Friday, their combined market capitalization was $369 billion.

USDC and DAI regaining some ground after falling below $0.90

Euro share of BTC volumes has spiked in the last few days vs. USD. Up 3x since November as regulatory ambiguity continues to hurt the US.

ANALYSIS: DeFiLlama reveals that if USDC drops to $0.872, approximately $45.3 million in USDC collateral will be liquidated, with Aave v2 and Compound holding the majority of the position. Currently, USDC is trading below $0.9.

Miners are putting pressure on Bitcoin "If miner pressure continues to increase in addition to other factors, Bitcoin could fall to either $19,500 or $16,600."

Binance's market share, having recently peaked at 88%, has fallen to 80% as the regulatory crackdown continues

In a clear sign that Silvergate's demise is disproportionately affecting U.S.-based exchanges/market makers, BTC and ETH depth in the USD market has improved on international exchanges in the past month while U.S. exchanges have become less liquid.

Bitcoin keeps liquidating longs as BTC price action gives up $22K support.

Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry

Crypto Derivatives On The CME Reach New Milestones Amid Regulatory Uncertainty Bitcoin also had a big month, with options open interest reaching an all-time high and crossing $1 billion for the first time. Open interest is the total number of outstanding contracts that are yet to settle. Read More And Get Crypto For Free

CME Futures Volumes Rise 21.2% Month on Month Regarding total USD trading volume, CME’s ETH futures reached $10.1bn in February (up 24.4% since January). Meanwhile, CME’s BTC futures volumes rose 20.0% to $25.0bn. On aggregate ETH + BTC futures volumes rose 21.2% to $35.0bn. This does not include Micro Futures. A combined volume of $4.05bn in BTC and ETH futures was traded on the 21st of February – a maximum for the month, up 25.1% from the intra-month high in January.

ANALYSIS: Open Interest in #BTC futures on the CME exchange plummeted to a 4-month low.

The Euro's share of volume relative to USD has nearly doubled since the FTX collapse, rising from 9% to 16% for BTC markets — link

Fundraising for crypto gaming jumped 79% from January to February of this year to hit $141.4M — link