After Ethereum's significant correction to the $3K level, the futures market has begun a cooling-off period, raising expectations for a potential bullish rebound. The funding rates metric, a trusted proxy for futures market sentiment, offers valuable insights into this development.

Ethereum’s consolidation above the critical $3K support level has allowed bullish participants to re-enter the market. This renewed demand is reflected in the uptick in funding rates, signaling that more traders are

On December 11, Binance, the second-largest exchange by volume flows, hit its highest amount of stablecoins reserve reaching $31B.

Notably, Binance's stablecoin reserves were at just $7 billion in June 2023, marking a nearly fivefold increase since then.

An increase in stablecoin reserves typically signals that the buying pressure is growing.

With reserves remaining around the $30 billion level, it suggests that investors remain actively positioned in the market, potentially maintaining a str

The number of swaps on TON network decentralized exchanges has faced a sharp decline. Recent data shows that the average daily users on STON.Fi have dropped to 13,300, and on DeDust to 5,250. These figures are far below the levels observed in September 2024, when both platforms attracted nearly 200,000 daily users.

Factors Behind the Decline

1. General Cryptocurrency Market Conditions

Late 2024 has not been favorable for the cryptocurrency market overall, with lower trading volumes and reduce

The Tron network is experiencing impressive growth, with active addresses increasing by 64% since the start of 2024. This remarkable surge underscores the blockchain’s growing popularity and adoption, as more users join the network to take advantage of its fast, low-cost transactions and decentralized applications (dApps).

Key highlights include:

- 64% rise in active addresses on the Tron network, signaling a strong user base and growing engagement.

- A thriving DeFi and NFT ecosystem that co

Currently, stablecoins are a base currency that makes it easy to buy cryptocurrencies.

The 2021 bull market saw a surge in stablecoin inflows to exchanges.

Now, exchanges are starting to see an explosion of stablecoin inflows

This can be seen as a potential standby fund for crypto purchases.

Written by crypto sunmoon

Bitfinex’s 30MA Reserve has surpassed 230,000,000, a level reminiscent of January 6, 2021.

Will next year’s early market follow a similar pattern? Meanwhile, Binance’s funding rates are dipping into negative territory, suggesting a potentially favorable environment.

Could we see another bubble-like rally as we’ve observed in the past? Let’s keep a close watch on the developments.

Written by nino

What Do 4 Different Futures Market Metrics Say About Ethereum?

Let’s proceed with data-driven insights.

1⃣ Funding Rates

Currently at 0.01 in the positive territory (longs are still at a level that can support the spot market, and there’s no overheating).

2⃣ Taker Buy Sell Ratio

Buying sentiment is dominant in the derivatives market (**0.57**).

3⃣ Open Interest

Increased by 3.18% over the last 24 hours, signaling a slight heating up in the derivatives market in the short term.

4⃣ Liquida

In the final stretch of 2024, Bitcoin is within a consolidation range at $94K. In addition to still strong selling pressure from Long-Term Holders gifting other people their Bitcoins, the buying pressure to levitate in this channel for a few more days is impressive.

Looking at the Sell-Side Risk Ratio, a metric that shows the balance in high-value zones when currencies are trading with huge profits compared to when they were first purchased, in this case, it is heated with high selling pressure

Over the past few weeks, the market has seen an extremely low inflow of Bitcoin to exchanges—around 30,000 daily deposits, comparable to the record lows of 2016. By contrast, the 10-year average sits at about 90,000, while this cycle’s peak of 125,000 daily deposits was recorded when BTC hit the “bullish” mark of $66,000.

When users send fewer coins to trading platforms, it typically suggests they prefer to keep their BTC in personal wallets rather than gearing up to sell. The last time deposit

The TON Risk Exposure Ratio suggests that the risk level within the TON network currently stands at moderate to high. This is primarily due to a significant portion of the network's TVL (Total Value Locked) being allocated to categories such as Lending, Derivatives, and Options, which are inherently more exposed to market and liquidity risks.

🚨Recent Risk Evolution

Since TON's last major market rally, the Risk Exposure Ratio has shown a consistent upward trend. This growth highlights an incre

After Trump's election win on November 5, Bitcoin's price surged past $100,000, supported by a rising Coinbase Premium Index, which measures The pertcent difference between Coinbase Pro price (USD pair) and Binance price(USDT pair). This increase indicated strong demand from U.S. investors.

However, since December 7, the Coinbase Premium Index has been on a decline, coinciding with a drop in Bitcoin’s price to below $94,000. This shift is likely influenced by a combination of factors, including

As the 2024 crypto bull market gains momentum, Binance, the world's largest cryptocurrency exchange, is taking center stage with its impressive $29 billion in USDT and USDC reserves. This significant accumulation of stablecoins underlines Binance's pivotal role in providing liquidity and stability to the market during this explosive growth phase.

Stablecoins like USDT and USDC are critical for traders and institutions, serving as a bridge between fiat and crypto while enabling seamless trading

Tron blockchain recorded its highest ever fees amount revenue in October by surpassing $200M.

November followed this trend with a total fees amount exceeding $180M.

As the chart reflects monthly data, we will have a clearer picture on January 1st to determine whether this growth trend persisted or slowed, particularly as the price experienced a slight drop

For comparison, TRON blockchain recorded 32,6M USD on November 2022 and 102.3M USD on November 2023.

This represents a 7x increase from 2

Tron blockchain recorded its highest ever fees amount revenue in October by surpassing $200M.

November followed this trend with a total fees amount exceeding $180M.

As the chart reflects monthly data, we will have a clearer picture on January 1st to determine whether this growth trend persisted or slowed, particularly as the price experienced a slight drop

For comparison, TRON blockchain recorded 32,6M USD on November 2022 and 102.3M USD on November 2023.

This represents a 7x increase from 2

The concept of "velocity" in the context of a cryptocurrency (like XRP) refers to the rate at which the asset circulates within its network. Essentially, it measures how often a unit of currency (in this case, XRP) is used for transactions over a specific period.

Velocity = Market Cap / Transaction Volume

An increase of velocity indicates more frequent usage of the network. This is happening at XRP Ledger at this moment, and it might break the trendline.

Written by maartunn

Recent shifts in Bitcoin metrics are signaling potential changes in market dynamics. Spot exchange reserves, which have been in a steady decline as investors moved BTC off exchanges, recently saw a significant uptick with a +20K BTC inflow. At the same time, netflows across all exchanges turned positive (+15.8K BTC), reversing the predominantly negative trend seen over the past weeks.

What Does This Mean?

1. Rising Spot Reserves: A growth in reserves suggests that more Bitcoin is being deposit

A curious dynamic has been drawing attention in the TON ecosystem: when TON’s price rises, the amount locked in staking (Staking TVL Ratio) tends to decrease. This correlation suggests that investors, noticing the price increase, quickly withdraw their coins from staking, possibly to seize trading opportunities in the market.

In March 2024, we witnessed a clear example of this behavior. The Staking TVL Ratio began to drop significantly as TON’s price surged to new highs. Interestingly, as inter

What is Binance Taker Buy Volume?

Binance Taker Buy Volume refers to the total volume of buy transactions executed by "takers" on an exchange. Takers are market participants who buy at the current prices listed in the order book, utilizing the existing liquidity in the market. An increase in this metric indicates a rising interest among investors and a growing buying pressure.

High taker buy volume typically signals strong demand that can lead to price increases.

Analysis

Over the past 60 da

Over the past 1.5 years, the average transaction size of USDT on the TRON Network has risen significantly, from $4,273 in June 2023 to $9,718 in December 2024. This jump in average transaction volume suggests that larger market participants are becoming more active in the USDT market on TRON. The increase points to the possibility that institutional investors, high-net-worth individuals, or other major players are using the network. This shift could be linked to growing trust in TRON Network.

W

I guess we should consider the possibility that the 1w-1m graph has become resistance.

Written by Crypto_Lion