Crypto Coinfessions ✖️

From: rubikkav.nft #Gaming saw a 66% increase in total funding amount and a 240% increase in the number of deals announced in May compared to April. That being said, total #Web3 game investments are still down by 37% compared to February Click here to learn more

From: rubikkav.nft After contracting for two consecutive quarters, the entire #eurozone region fell into a recession in Q1 2023. Both consecutive quarters saw negative quarters in Q4 2022 and Q1 2023. At the end of May, it was reported that Germany went into a recession. Click here to learn more

From: rubikkav.nft 📍Next Week we have • CPI & PPI numbers • FED Interest Rate Decision • FOMC Press Conference Be ready for the incoming volatility😉 Click here to learn more

From: rubikkav.nft #WallStreet Braces For $1 Trillion Treasury Issuance - This Is Good For #Crypto Following President Joe Biden's signature on legislation to suspend the federal debt ceiling, the U.S. Treasury is readying a flood of new bonds that could impact the market significantly. With... Click here to learn more

From: rubikkav.nft #Ethereum #ETH #Crypto futures contracts in healthy markets should trade at a 4 to 8% annualized premium, wrote #cointelegraph. According to the futures premium, known as the basis indicator, professional traders have been avoiding leveraged longs (bullish bets). Still, no... Click here to learn more

#Bitflyer is Japan's largest crypto exchange, with a market share of 38.0% and a trading volume of $1.51 billion in May 2023. This represented a -28.8% month-on-month (MoM) decline, having recorded $2.12 billion in April 2023. More: https://buff.ly/42nOv8V

From: rubikkav.nft Derivatives volumes decreased by 14.4% in May to $1.92tn. The #derivatives #market now represents 79.5% of the entire crypto market (vs 78.3% in April). This is a new all-time high for the market share of derivatives, highlighting the increased usage of leverage as the pri... Click here to learn more

U.S. crypto market share remains dominant but has fallen from 85% at the start of 2023 to 70% today — link

From: rubikkav.nft Tokens associated with early #DeFi projects such as #Link (LINK), #Synthetix (#SNX), #Curve (#CRV), #Uniswap (#UNI), #MakerDAO (#MKR), #Aave (#AAVE), and #Compound (#COMP) registered their lowest combined volume in since January 2020 last month. The tokens registered just un... Click here to learn more

From: rubikkav.nft #Bitcoin supply held by entities in Asia increased by 9.9% in 2023, as the region begins introducing crypto-friendly regulation and U.S. tightens its regulatory stance, according to #cryptoslate. Asian #crypto #market showed a surge in Bitcoin supply. According to data from ... Click here to learn more

From: rubikkav.nft #BNB and #ETH were the only deflationary tokens during Q1’23 at -5.4% and -0.2%, respectively, according to #messari. Click here to learn more

From: rubikkav.nft After the #FTX collapse, #Etherum #ETH #futures #trade volume collapsed to just ~$7.5B/day, according to #Glassnode. Volumes have seen a comeback in 2023, however the 30-day average ($12.0B/day) remains well below the yearly average ($21.5B/day). Click here to learn more

From: rubikkav.nft The market cap of #crypto projects directly developing #AI models on blockchain, applying AI to decentralized applications or solving for AI-related issues is still fairly low at only 0.07% of the total across all tokens. Source

From: rubikkav.nft #Ripple #XRP open interest has steadily increased in May, hovering around yearly highs of over $500 million. XRP prices have also regained some ground, suggesting that the token is gaining momentum ahead of the long-awaited court decision in the legal dispute between XRP's ... Click here to learn more

#Bitcoin triggered the alarms by breaking the weekly support of $26436.81 (MA200W1), together with the value of the EMA50 at exactly $25874.66. Read The Complete Article: https://buff.ly/42qwy9u

From: rubikkav.nft According to #GrandViewResearch, #DEFI Global Decentralized Finance Market was valued at USD 13.61 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 46.0% from 2023 to 2030. DeFi revolution has been pivotal in the financial sector, drivin... Click here to learn more

From: rubikkav.nft Despite a drop in #volatility, #BTC's risk-adjusted returns are now less than #Nasdaq's. BTC outperformed in risk adjusted terms in the first four months of the year, but it has recently fallen behind tech stocks. BTC's YTD Sharpe Ratio, which measures the excess return of... Click here to learn more

#FederalReserve’s actions, specifically its interest rate decisions, serve as an external catalyst that influences Bitcoin’s price movements, as noted by Swissblock. More: https://buff.ly/3qjcR6c

#Dominance of #Bitcoin supply has seen a dramatic shift over the last two years, according to #glassnode. US entities are now holding 11% less #BTC than they were in June 2022, whilst investors active during Asian trading hours have picked up 9.9%. Source: https://buff.ly/3OT6kcD