Crypto Coinfessions ✖️

From: rubikkav.nft The #Bitcoin #BTC Price Continues To Sideline, Reflecting The Lack Of A Driver For Its Rise According to Markus Thielen, the head of research and strategy at cryptocurrency service provider Matrixport, we can assume that the wave of liquidity from lower #inflation in the Uni... Click here to learn more

From: rubikkav.nft #Litecoin had a strong month. Total addresses with a balance has increased more intensely since the end of April and we now observe nearly 8.5 million #LTC addresses with a balance! With an impressive 7.09 million addresses holding a balance, @litecoin is on the verge of rea... Click here to learn more

From: rubikkav.nft #Ethereum Holdings Redistributed From Whales To Retail Traders During the recent pullback in ETH price, an interesting phenomenon occurred. While Ethereum supply on exchanges declined by $1.04 billion between May 8 and 31, Ether holdings of large wallet investors dropped. ... Click here to learn more

From: rubikkav.nft #Ethereum-based Products Gain Market Share as #Bitcoin-based Products Decline The first decline in 2023 for Bitcoin and Ethereum-based product assets under management (AUM) was recorded in May, with respective drops of 10.3% and 4.42%, reducing their totals to $21.7bn and $7... Click here to learn more

#ProShares’ #Bitcoin Strategy #ETF (#BITO) has risen 47% year-to-date while BTC gained 60% over the same period. The fund's underperformance stems from hidden costs of rolling futures contracts every month as they expire, called the “contango bleed".

From: rubikkav.nft #ProShares’ #Bitcoin Strategy #ETF (#BITO) has risen 47% year-to-date while BTC gained 60% over the same period. The fund's underperformance stems from hidden costs of rolling futures contracts every month as they expire, called the “contango bleed". Click here to learn more

The #Bitcoin #BTC Volatility Index, which measures the daily fluctuations in Bitcoin’s price, shows that the 30-day volatility in Bitcoin’s price was 1.52%, which is less than half of the yearly averages across Bitcoin’s history, with values usually above 4%. Read More: https://buff.ly/3oLSgXI

Over the last 90-days, Crude Oil (#WTI) declined -4.0%, whilst Gold (#XAU) and Silver (#XAG) have rallied 7.5% and 12.7%, respectively. #Bitcoin however, continues to outperform, remaining 14.5% above the February close. More: https://buff.ly/3qd3Awt

From: rubikkav.nft Fear Of #Inflation Increases Demand For #Cryptocurrencies For Investment And Savings Given the economic uncertainty, stablecoins, such as #USDT and #USDC, are presented as an attractive option for both companies and individuals seeking protection against the effects of infla... Click here to learn more

From: rubikkav.nft #Ripple #XRP Network Records High Level Of Address Activity XRP network recorded its second largest address activity spike of all time in the past two days, according to data from crypto intelligence tracker Santiment. On March 18, XRP saw its highest address activity ever... Click here to learn more

From: rubikkav.nft China (And Japan) has been accelerating the dumping of its US Treasuries📉. Click here to learn more

#Bitcoin Tries To Break Major Resistance And Indicators Suggest Other Cryptocurrencies May Follow The Same Pattern. Read More: https://buff.ly/42ekCaM

Despite its impressive growth during the '21 bullrun, #Polygon #matic has experienced a decline in transactions. More: https://buff.ly/45DZ4qY

From: rubikkav.nft BTC rally driven by bullish bets in perpetual futures. BTC rallied roughly 3% overnight and it looks as if a large portion of that was driven by movements in the perpetual futures market. Since yesterday, over $250mn worth of new BTC perpetual futures contracts were opened... Click here to learn more

From: rubikkav.nft Roughly $2.3 billion in #bitcoin #options open interest and $1.3 billion of ether options open interest was due to expire this past Friday across the May 26th monthly contracts. Despite the large value of open interest set to expire, the chief commercial officer of Deribt, ... Click here to learn more

From: rubikkav.nft Of the 2.3 million of #bitcoin on exchanges, the majority resides on #Binance and #Coinbase. This wouldn’t include bitcoin in investment custody products like #Grayscale and Coinbase Custody, for example. Binance’s share of bitcoin on exchanges has risen from under 10% in... Click here to learn more

From: rubikkav.nft #Bitcoin’s correlation with Chinese equites increases ​​The correlation between #BTC and Chinese equities (CSI 300) has strengthened this year, although it remains relatively low at approximately 20%. Interestingly, the correlation between BTC and US equity markets has de... Click here to learn more

From: rubikkav.nft #Bitcoin CME Gaps: • $35,000 📈 • $20,000 📉 As shown on the #Bitcoin #BTC chart, there are still lower time frame targets that could get hit first prior to making a higher move. Still a rally until proven otherwise imo. Click here to learn more

From: rubikkav.nft Over the course of 2023, while the #DowJones is down -1.1% and the #S&P500 is up 8.5%, #Bitcoin has outperformed all others with an impressive 58.7% return. Even the Nasdaq, the epicenter of technological innovation, lags behind with an increase of 28.3%. Gold, a "safe card... Click here to learn more