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.
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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. 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.
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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. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Ripple CEO Brad Garlinghouse hails Donald Trump meeting as US crypto engagement grows
Wednesday, January 8, 2025
Trump's pro-crypto stance sees Ripple and other crypto leaders engaging in transformative talks at Mar-a-Lago. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Weekly active addresses on L2s were 5x higher than on Ethereum; Ethena plans to launch iUS…
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Bitcoin sell-side liquidity hits lowest level since 2018 fueling BTC rally
Tuesday, January 7, 2025
Whales quietly accumulate as sell-side liquidity hits five-year low, driving new BTC highs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Celebrating 16 years since the inception of a novel asset class ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏