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⛏️
Bitcoin
and
Ethereum
mining wallets have seen declining supply held since the first half of 2024. With this latest mild rebound, look for a jump in their combined supplies as a strong signal the next bull run is approaching.
#BTC
#ETH
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.
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🧑💻 Here are crypto's top gaming projects by development. Directional indicators represent each project's ranking rise or fall since last month: ➡️ 1) @multiversx $EGLD 🥇 ➡️ 2) @decentraland $MANA 🥈 ➡️ 3) @imx_immutable $IMX 🥉 ➡️ 4) @skalenetwork $SKL ➡️ 5) @enjin $ENJ 📈 6) @cerenetwork $CERE 📈 7) @therootnetwork $ROOT 📉 8) @xtreasuretoken $MAGIC 📉 9) @saitoofficial $SAITO 📉 10) @axieInfinity $AXS Read about our new, objective methodology for covering development activity and "cutting through the noise and misinformation" for over 3,000 projects here! 👇
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🐶📈 Regardless of your take on meme coins, it has been impossible to ignore the ascension of crypto's top meme coin. In the past 4 weeks, there have been 74,885 more wallets holding less than 100K DOGE. Meanwhile, shark and whale wallets are declining during this time, with a net drop of -350 in this same timeframe. Though 108 have returned in the past couple days to help spark this latest rally over $0.40 for the first in three and a half years. Ideally, we want to see retail and key stakeholders accumulating speculative-driven coins like DOGE together. The next few days will be telling for sharks and whales to keep this momentum alive. 👀
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🧐 Bitcoin's rise (now $87.1K) has been so rapid that traders are now speculating how quickly we see a $100K market value. Though this price was beyond comprehension just 2-3 months ago, the community has quickly changed its tune after a +70% surge since the August 5th crash.
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📈 Now reaching an all-time high of $87.5K, Bitcoin is seeing a massive spike in profit taking transactions as traders attempt to sell at the top. Meanwhile, funding rates on Binance and Bitmex indicate aggressive margin and leverage longs looking to capitalize on further rises.
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🥳 The crypto community is celebrating Bitcoin's new all-time high, scraping $85K about 20 minutes ago. In the past year, whale & shark wallets with at least 10 BTC have accumulated a total of 234.15K (now worth $19.76B). Cryptocurrency's ascension can largely be attributed to the continued confidence and accumulation from these large key stakeholders. However, the crowd's consistent FUD, capitulation, and inconsistent faith in crypto (allowing whales to buy cheap) has also contributed to this historic run. Currently, euphoria is high (though not nearly at the levels of mid-March when Bitcoin was in its previous all-time high cycle). Expect that prices can climb as long as whales continue buying more and the retail crowd keeps selling them their cheap coins during small dips.
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