Crypto Coinfessions ✖️

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#Bitcoin #BTC according to daily parameters is fighting to keep the prices above $28280.34. Significant squeeze short. Source: 🌟 https://bit.ly/3Nc2Ml2

Following a brief decline in Inscription utilization, the daily #Bitcoin Inscription transaction count has experienced a sharp resurgence, recording an ATH of 193K Inscriptions minted in a single day. Source: 🌟 https://bit.ly/41Nm4BS

#BTC #Bitcoin Active Addresses 30D MA, break through the 18-month high! "Market demand seems to have flowed in with the recovery phase." Source: 👉🏻 https://bit.ly/3n1WxFU

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Just minutes after US stock markets winded down their rough day, #crypto has had signs of life. - read more.

#Uniswap Protocol has officially passed $1.5T in trading volume. - link.

#CME #Ether OI has fully retraced from the past week - link.

MVRV 30D MA reaches an 11 month high 🔥 #BITCOIN "It is important to note that, historically, MVRV has been an excellent indicator to detect major top/bottom or the local top/bottom that occurred in the trend transition phase." - source.

1inch Network's aggregator continued to dominate volume. The platform accounted for 59% of the total aggregator volume in Q1, an increase from 47% in Q4'22. - source.

The Accumulation Cycle Still Intact, Despite the Recent Correction #Bitcoin has moved into a -10 percent correction after ascending almost 100 percent during early 2023. While the price action looks bad, traders should still remember to stay calm. read more.

#DEX traders on #Ethereum jumped up to 72.19k on Apr 19, once again driven by the memecoin mania. It's the highest number of daily DEX traders since the end of 2021, over a year ago. read more.

#Gold, one of the world's oldest and most revered assets, is experiencing a boom time. - read more.

Active addresses on #Ethereum fell over the week to a daily average of 454K per day, a drop of 21% from the week prior. read more.

Q1 2023 was #Ethereum’s second quarter of negative net issuance. As market sentiment improved, there was an uptick in on-chain activity, which led to higher fees and greater burn. read more.

The Web3 games that have the most players this year so far are Alien Worlds (world-building strategy game) and Splinterlands (trading card game), which have an average of around 130K+ players daily. - read more.

#Bitcoin market found resistance this week, reverting from the weekly high above $30,456k, back down to a low of $27,169k. - read more.

Over the past 6 months, #Bitcoin's correlation with the S&P 500 and #Nasdaq has waned considerably. Correlations with Gold were also waning over the same time period until the SVB collapse and US gov intervention. - source.

#BTC #Bitcoin Open Interest Falls As Longs Are Liquidated After starting the month around $7.5B we saw about $500m of liquidation, before a huge run up of new contracts opened on April 10th. - read more.

Token Prices Largely Rallied Across All Sectors, But #BTC #Bitcoin Outperformed Most Of Them All top 5 cryptocurrencies recorded double digit gains. BTC outperformed everyone else with a 72% increase, followed by #ADA (+62%), #XRP (+58%), #ETH(+52%) and #BNB (+52%). - source.