Liquidation heatmap shows volatility ahead as Bitcoin drops to $57k
Liquidation heatmap shows volatility ahead as Bitcoin drops to $57kLiquidation heatmap analysis forecasts turbulent times ahead for Bitcoin as it struggles to regain $57,000.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. α Weekly ResearchLiquidation heatmap shows volatility ahead as Bitcoin drops to $57kLiquidation heatmap analysis forecasts turbulent times ahead for Bitcoin as it struggles to regain $57,000. Alts signal hits new low, hinting at a potential altcoin rallyAs altcoin performance diverges from Bitcoin and Ethereum, the alts signal hints at a potential delayed rally. α Top Insights
More α ResearchSmall Bitcoin holders are accumulating even as prices fallSmall holders display increasing confidence by purchasing more BTC during the ongoing price dip, contrasting with larger entities' mixed balance changes. Polygon leads in EVM efficiency as DeFi users favor low transaction costsDeFi activity analysis finds side chain solutions like Polygon more cost-effective, although Ethereum secures most transaction fees. High Bitcoin fees push active addresses down to 3-year lowA surge in Bitcoin fees post-halving challenges its role in everyday transactions. |
Older messages
Arthur Hayes predicts Bitcoin is poised for a steady rise in value
Saturday, May 4, 2024
Hayes believes Bitcoin's local bottom is in and predicted that the flagship crypto will steadily grind upward over the coming months. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coinbase surpasses expectations with Q1 revenue surge amid Bitcoin boom
Friday, May 3, 2024
A significant component of the revenues was a $650 million mark-to-market gain on digital assets held for investment, following new accounting standards adopted by the company. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Fidelity Bitcoin ETF’s $191 million outflow surpasses Grayscale as BlackRock records first redemptions
Thursday, May 2, 2024
All spot Bitcoin ETFs recorded outflows for the first time on record with $563 million leaving funds. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges
Wednesday, May 1, 2024
Major support at $50000 as Binance shows strong buy walls with large orders ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Hong Kong’s Bitcoin and Ethereum ETFs launch with lower than expected trading volumes
Tuesday, April 30, 2024
Market stakeholders believe that the Hong Kong ETFs would still have a significant impact on the market, regardless. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
You Might Also Like
Weekly Project Updates: LayerZero begins second phase of sybil hunt, zkSync hints at token issuance, Eclipse found…
Saturday, May 18, 2024
1. Ethereum Foundation team debates MEV and liquid staking link Peter Szilagyi, head of the Ethereum Foundation team, and Dankrad Feist, creator of Danksharding and Ethereum Foundation researcher,
Price history: BONK vs WIF vs DOGE
Friday, May 17, 2024
Track and compare top memecoins of 2024. How do their trajectories differ, and what can you tell about future growth? Check this dashboard Flipside Crypto Memecoins are re-emerging with strength this
New leader in Public Goods technology: Dora Factory's million-dollar gambit
Friday, May 17, 2024
Author: Chris Lee A major event in the Cosmos ecosystem is the recent passing of Governance Proposal №917: a request by Dora Factory and DoraHacks for a $1 million grant fund from the Cosmos Hub
Bitcoin rallies to $65k, triggering over $120 million in liquidations in 24 hours
Friday, May 17, 2024
US dollar weakness and stable CPI data fuel Bitcoin's rapid climb. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: Spot BTC ETF Holdings Disclosed By JPMorgan And Wells Fargo
Friday, May 17, 2024
We bring you the top stories in crypto every week! Stories like... Monday May 13, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Spot BTC ETF Holdings Disclosed By JPMorgan And Wells Fargo
The whole process: How to Lose 1155 BTC in 80 Minutes
Friday, May 17, 2024
Author: 胡飞瞳 Source: https://mp.weixin.qq.com/s/jCtgFy5e5o3TxmHTOk_rLQ On the evening of May 3rd, Beijing time, due to an inadvertent operation, a whale mistakenly transferred 1155 BTC to a phishing
Grayscale GBTC registers rare inflow amid $303 million Bitcoin ETF surge
Friday, May 17, 2024
The influx of 4600 BTC into the ETF exceeds ten times the daily mining reward. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
ZK-EVM Upgrade Narrative to zkVM: Why Are These Five Core Projects Worth Attention?
Friday, May 17, 2024
By 0XNATALIE, Researcher at @ChainFeedsxyz Source: In the search for solutions to blockchain scalability and computational efficiency, zero-knowledge proof (ZKP) technology is particularly significant.
NFT & Blockchain Gaming Weekly - 🚀Loaded Lions: Mane City Season 2 Live
Friday, May 17, 2024
Loaded Lions Mane City Season 2 launches with Factions & Abilities. CryptoPunks introduces the new 'Super Punk World' collection. Fantasy.top adds new heroes and tweaks the game mechanics.
WuBlockchain Weekly: CPI Falls as Expected, El Salvador Mines 473.5 Bitcoins Using Volcano Energy, Eigen Layer Rej…
Friday, May 17, 2024
1. US April CPI YoY at 3.4% link The United States released its April non-seasonally adjusted CPI with a year-on-year rate of 3.4%, in line with expectations and unchanged from the previous value of