Crypto Coinfessions ✖️

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Gold, U.S. Treasurys and #Bitcoin would be the top three assets should the U.S. fail to raise its debt ceiling and default on its debt, data from Bloomberg’s latest Markets Live Pulse survey suggests. More Here: https://social.wubits.io/wubits/user/3c147bd3-8f06-4732-91d0-51faa30ab534

❗️According to Token Unlock, the current #ETH staking annualized rate of return is 8.6%, which is at a historical high. Read More: https://social.wubits.io/wubits/home/6462a97b0f90bc5d1bc2be85

The banking giant Goldman Sachs determined in a recent study that 32% of family offices across the globe have exposure to digital assets, #NFTs, or #DeFi, while 26% have explicitly invested in cryptocurrencies. Read More: https://social.wubits.io/wubits/home/64616b120075ac589b1b0607

Lightning Network Capacity and Channels Drop On May 9, the number of transactions was around 413,420, which means that 36.28% of the backlog has been cleared in the past five days. Read More: https://social.wubits.io/wubits/home/646105c14378665944479713

Deposits In US Banks Fall Nearly One Billion Dollars More than $910 billion was not deposited in the US banking system in 12 months, according to Fed data. Read More: https://social.wubits.io/wubits/home/646103fd437866594447966c

📈 #Polygon wallets grew, 3-month revenue up 1.4x #Polygon (#MATIC) is a collection of scaling solutions for #Ethereum, including #PoS, Supernets, and #zkEVM. Number of active wallets on Polygon PoS increased by 48% in April of 2023, compared to the number of active wallets in February of 2023, the period of lowest monthly activity in the last 7 months. Read More: https://social.wubits.io/wubits/home/645fb52c997b8e2d569fac28

For starters, monthly production updates throughout March and April show that #bitcoin holdings have stabilized and are slightly increasing again for the top public miners who report it. Read More: https://social.wubits.io/wubits/home/645fb0ff997b8e2d569faa81

Margin Traders Sentiment For Bitcoin Continue To Ride With The Bears According To Cointelegraph Bitcoin price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000. Read More: https://www.publish0x.com/rubikkav/margin-traders-sentiment-for-bitcoin-continue-to-ride-with-t-xjrzqoz?a=pmbkrGXazJ

Bitcoin Threatens To Create Three Black Crows Pattern For Weekly Trading With the break of the EMA100W1 at $27650.71 and main support at $27291.25, #Bitcoin #BTCUSD #BTCUSDT triggers the alerts for a healthy weekly correction. Read More: https://social.wubits.io/wubits/home/645e56d021d9c1645c6459ab

Recent research indicates that 46% of Latin American bank users are willing to make payments with #cryptocurrencies. Brazil, Argentina and Mexico are regional leaders, in a ranking where South America leads the way. Source: https://social.wubits.io/wubits/home/645e4d9321d9c1645c645456

Expiration Of More Than Nine Hundred Million Options Bring #Bitcoin To A Healthy Correction. Bitcoin's price gave up ground over the past week to drop below $28,000 has put the bears in a better position for Friday's expiration. Read More: https://www.publish0x.com/rubikkav/expiration-of-more-than-nine-hundred-million-options-bring-b-xmyngoy?a=pmbkrGXazJ

#NFT trading volume in the first quarter of 2023 saw a sharp increase followed by a decrease. Read More: https://social.wubits.io/wubits/home/645cf41f4051481a473eccfc

In April, spot trading volume on centralised exchanges fell 40.2% to $621bn - Read More: https://social.wubits.io/wubits/home/645c2783b9f2f0194f45beb9

Number Of #Token Transfers Rise While #Ethereum Derivatives Market Are Dominated By Bears 🌐Like Bitcoin, the large number of token transfers on the network led to increased transaction fees. 🌐The failed rally above $2,000 on May 6 has shown that some Ethereum bulls are not comfortable adding leveraged long positions. Read More: 📈 https://www.publish0x.com/rubikkav/number-of-token-transfers-rise-while-ethereum-derivatives-ma-xjrzdkd?a=pmbkrGXazJ

#Tether's Latest Q1 2023 Assurance Report Shows Reserves Surplus At All-Time High of $2.44B, up $1.48B in Net Profit. Source: https://social.wubits.io/wubits/home/645be8c7b9f2f0194f45a7ca

Headline #CPI for April came in at 4.9% this morning, which continues the disinflationary trend. Source: https://social.wubits.io/wubits/home/645be63fb9f2f0194f45a5bf

Video-streaming #Odysee and content sharing forum #Steemit are the top decentralized social media platforms in 2023. Read More: https://social.wubits.io/wubits/home/645bca4fb9f2f0194f4595f5

Among the top #altcoins by market cap, #Solana's #SOL, #Cardano's #ADA, and #Binance's #BNB have registered the highest year-to-date risk-adjusted returns, as measured by the Sharpe ratio. Read More: https://social.wubits.io/wubits/home/645a672eb9f2f0194f4534fa

Addresses with more than 10,000 #bitcoins ( BTC ) have been acquiring more with intensity for a month, according to explorer #Glassnode. Read More: https://social.wubits.io/wubits/home/645a6608b9f2f0194f4534f4