📊 #BTC price is currently near the average purchase price for many traders (pink line).
This level could either act as support or trigger an 8-12% correction if breached, potentially bringing Bitcoin down to $60K, per CEO CryptoQuant.
This level could either act as support or trigger an 8-12% correction if breached, potentially bringing Bitcoin down to $60K, per CEO CryptoQuant.
📊👀 Glassnode report: Despite the unstable and volatile market situation, average #BTC-the investor remains largely profitable. However investor resolve has decreased as evidenced by reduction in volumes in the spot market and derivatives market.
It appears that equilibrium is being established on both the demand and sales sides, resulting in relatively stable prices and a noticeable lack of volatility. This stagnation in market movement leads to some boredom, apathy and indecisiveness among investors. This historically suggests that a decisive price move in either direction is necessary to stimulate the next round of market activity.
It appears that equilibrium is being established on both the demand and sales sides, resulting in relatively stable prices and a noticeable lack of volatility. This stagnation in market movement leads to some boredom, apathy and indecisiveness among investors. This historically suggests that a decisive price move in either direction is necessary to stimulate the next round of market activity.
💰👀 #ZK #AAVE According to a source familiar with the deal, representatives of ZKsync promised Lens a significant tranche of tokens for the development of the protocol.
Lens representatives said they were offered about 0.5% of the total supply of ZK (~$22 million at the current price).
According to the Github repository, AAVE received 8.3 million tokens, and Lens received about 5.6 million.
Lens representatives said they were offered about 0.5% of the total supply of ZK (~$22 million at the current price).
According to the Github repository, AAVE received 8.3 million tokens, and Lens received about 5.6 million.
📉 Daily active #BTC addresses fell from 700k to 613k over the past month, to the lowest levels of 2021 and 2023, and lower than any day in 2022.
📉 #BTC's share of weekend trading volume hit an all-time low of 16% this year
🇺🇸🗣 #macro Fed representatives:
- Barkin: The scenario of cutting the interest rate once and then leaving it unchanged may be reasonable;
- Suzanne Collins: The Fed should not react quickly to last month's good inflation data, as more data is needed
- Barkin: The scenario of cutting the interest rate once and then leaving it unchanged may be reasonable;
- Suzanne Collins: The Fed should not react quickly to last month's good inflation data, as more data is needed
🤔 #BTC Willy Woo: Bitcoin price will continue to be punished until the hash market picks up some volume.
This is why bankers used to call it drug money
This is why bankers used to call it drug money
📊 #BTC Santiment: Bitcoin's plummet has come in spite of the S&P 500 continuing to roll. This split between sectors has been a surprisingly rare occurrence ever since the dust settled following the FTX collapse in late 2022. In most circumstances, crypto has seen a relief bounce to catch up.
🥳👀 #ETH Ethereum ETF Issuers Working to Resolve SEC's 'Reasonable' Comments by Friday: Sources theblock.com
🍿👀 #ARKM Arkham is offering $150,000 reward to find out who's behind the #DJT Trump token theblock.com