π€ #BTC Analyst C.Q.: Over 14 years, Bitcoin investors have seen unrealized profits 80% of the time and losses 20% of the time
This 80/20 ratio exemplifies the Pareto Principle, first described in the late 19th century, which applies perfectly to Bitcoin as well
This 80/20 ratio exemplifies the Pareto Principle, first described in the late 19th century, which applies perfectly to Bitcoin as well
β οΈπ΄ββ #ARB The Arbitrum website is suspected of being hacked
π
ββ Rollup .Finance, a DEX on zkSync Era, plans to close the platform on September 21st. Users will have one month to withdraw funds. x.com
π©πͺπΈ #BTC's sold by the German government increased in price by almost $500 million during this time
π Total New Addresses Created in Q2 2024 of #BTC L2 Platforms
Chain with highest number of new addresses created: CORE (3.6M)
Chain with highest number of new addresses created: CORE (3.6M)
π΅οΈββοΈπ #ARKM Team Arkham transferred 304.5 million ARKM ($487.2 million) on Coinbase Prime.
π¦π£ JPMorgan analysts: Any cryptocurrency rebound is unlikely to be long-term. #BTC's current price of around $67,500 is high compared to its production cost of around $43,000 and its volatility-adjusted comparison to gold, which is around $53,000.
ππ #BTC's Bollinger Bands are the tightest since 2016, hinting an explosive move
Historically, similar compressions led to moon shots
Historically, similar compressions led to moon shots
π₯³π #DOGE open interest increased by 19% amid price βbreakoutβ to a monthly high cointelegraph.com
π€ #BTC CEO C.Q.: The net position of Bitcoin CME futures is back to its level from 10 months ago.
CME's BTC futures were created in response to requests from hedge funds to take short positions in 2018.
Open interest for both long and short positions has increased, but it's net negative. We're less negative now, similar to the levels 10 months ago when BTC price was $27K.
CME's BTC futures were created in response to requests from hedge funds to take short positions in 2018.
Open interest for both long and short positions has increased, but it's net negative. We're less negative now, similar to the levels 10 months ago when BTC price was $27K.