crypto signal

BTC correlation with European stocks is at its lowest level in over two years. BTC/Nasdaq correlation reaches second lowest level in over a year. Crypto starting to diverge from stocks which us great news for all us purists.

new ฿ daily high: $27,003

Ethereum developers set a target date of April 12 for its long-awaited Shanghai hard fork — link

BTC stablecoin pair trading volume is currently at an all-time high of 87.5%

Justin Sun is the largest individual staked ether holder ⦁ His balance on Lido, the largest liquid-staking protocol, is now nearly $500 million ⦁ On Saturday, Lido saw a $240 million inflow in the form of 150,000 $ETH in a series of transactions evidently by Sun. It is its largest daily stake inflow to date ⦁ After that, Lido activated a new safety feature, the Staking Rate Limit (the daily cap is set at 150,000 ether) ⦁ The value of assets in liquid-staking protocols is $14.22 billion now, which is just behind the $19.32 billion at decentralized exchanges ⦁ Liquid staking has replaced the lending and borrowing business as the second-largest sector of DeFi, following several high-profile failures of companies in that sphere last year ⦁ Lido's total deposits now total $9.3 billion

Binance Halts Deposit And Withdrawals For Its UK Users. Crypto exchange Binance halted the services for its new users on Monday, and will suspend withdrawal and deposit transactions for all customers on May 22 Source

A record 67% of Bitcoin's supply hasn't moved in at least a year

Bankrupt crypto lender Celsius re-opens withdrawals for certain custody accounts — link

SEC chair Gensler says crypto exchanges may not be 'qualified custodians' — link

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 — link