🖼 Over the past 7 days, the volume of #NFT transactions on the #BTC network has increased by 34%

🤔 #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

📊👀 Growth of New Unique Addresses in Q2 2024 of Bitcoin Layer 2 & Sidechains

Highest growth rate: SatoshiVM (503%) and BEVM (116%)

⚠️🏴‍☠ #ARB The Arbitrum website is suspected of being hacked

🙅‍♂ 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

🇩🇪💸 #BTC's sold by the German government increased in price by almost $500 million during this time

🔝 Total New Addresses Created in Q2 2024 of #BTC L2 Platforms

Chain with highest number of new addresses created: CORE (3.6M)

🕵️‍♂️📉 #ARKM Team Arkham transferred 304.5 million ARKM ($487.2 million) on Coinbase Prime.

🔝 Top Revenue-Generating AMMs

AMMs are the kings of revenue in the DEX space. The 5 largest AMMs generated a total of $188.8 million in revenue while derivative protocols generated $76.5 million year to date.

📈⛏ IntoTheBlock: Marathon Digital (#MARA) and Riot Blockchain (#RIOT), both publicly traded Bitcoin mining companies in the US, have seen their stock prices increase by over 30% in the past seven days

📈👀 #TRX C.Q.: On TRON, $20B in USDT moves daily, with 13-15% via centralized exchanges. This highlights TRON's decentralization in stablecoin transfers. Notably, as #USDT onchain volume rises, TRX prices also tend to climb.

📊👀 Comparison and Overview of Top SocialFi projects #L3 #UXLINK #CARV #GAL #GARI

💰 Etherfuse, a #RWA platform, raised $3 million in a seed funding round. theblock

🔝 Today's leaders #CQT #ORCA #ALPH

🏦🗣 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.

🔓📝 Upcoming major releases next week:
#ID 4.29% ($9.14M) - July 22
#WLD 1.89% ($14.2M) - July 24
#ALT 42.08% ($110.78M) - July 25
#GT 7.15% ($52.38M) - July 26
#AXL 3.41% ($17.84M) - July 27
#YGG 3.74% ($7.63M) - July 27
#AGIX 1.32% ($5.3M) - July 28

📊👀 #BTC's Bollinger Bands are the tightest since 2016, hinting an explosive move

Historically, similar compressions led to moon shots

📊 7-day Net Flow across Blockchain Platforms

🥳👀 #DOGE open interest increased by 19% amid price “breakout” to a monthly high cointelegraph.com

🤔 #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.