๐ต๏ธโโ๏ธGSR brought out 1.08 #SAFE (~$2.37 million) from Gate and Bybi.
๐ Top blockchains with the highest DEX transactions in 30d
#SOL Solana is the absolute king of decentralized exchanges. 210 million DEX transactions on Solana in the last 30 days - that's almost 10 times more than BNB Chain, 16 times more than Arbitrum, 20 times more than Polygon.
#SOL Solana is the absolute king of decentralized exchanges. 210 million DEX transactions on Solana in the last 30 days - that's almost 10 times more than BNB Chain, 16 times more than Arbitrum, 20 times more than Polygon.
๐ค๐ #AI-tokens are showing growth today, according to Coinmarketcap data.
This could be due to Nvidia (#NVDA), which reports on May 22. Markets are waiting for a good report.
This could be due to Nvidia (#NVDA), which reports on May 22. Markets are waiting for a good report.
๐ Report CoinShares on financial flows in crypto over the last week:
The influx of investments into digital assets amounted to $932 million. Despite the increase in inflows, volumes for the week were just $10.5 billion, down from $40 billion in March.
#BTC - inflow of $942 million, the only digital asset from which there was an outflow.
#ETH - outflow of $23.3 million.
#SOL, #LINK and #ADA received inflows of $4.9 million, $3.7 million and $1.9 million.
The influx of investments into digital assets amounted to $932 million. Despite the increase in inflows, volumes for the week were just $10.5 billion, down from $40 billion in March.
#BTC - inflow of $942 million, the only digital asset from which there was an outflow.
#ETH - outflow of $23.3 million.
#SOL, #LINK and #ADA received inflows of $4.9 million, $3.7 million and $1.9 million.
๐ณ #LTC IntoTheBlock: Litecoin whales accumulated 2,751,633 LTC in the past 30 days.
On May 10th, these addresses had a net inflow of over 900k LTC, the highest daily amount since February.
On May 10th, these addresses had a net inflow of over 900k LTC, the highest daily amount since February.
๐ #BTC With over 530,000 BTC transacted at $66,250, this is a crucial support level. If it holds, Bitcoin has strong potential for further gains.
๐ฎ๐ค #ASTR Astar Network has announced a partnership with Sequence, a platform for integrating Web3 into games, to launch Astar Studio.
๐ CQ: Number of stablecoin deposits on spot exchanges has grown significantly over the past few days, with minimal corresponding increases in stablecoin withdrawals on spot exchanges, which could signal volatility ahead.
๐ฝ๐ #ETH Prometheum has launched ETH custody services and plans to fully launch custodial services by the first week of June.
Forwarded from EXCAVO CHANNEL
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Social
In recent years, social projects aimed at utilizing blockchain technology and cryptocurrencies to create positive social impact have been gaining momentum in the crypto space.
https://www.tradingview.com/x/uJlmNDif/
One notable trend is the emergenceโฆ
In recent years, social projects aimed at utilizing blockchain technology and cryptocurrencies to create positive social impact have been gaining momentum in the crypto space.
https://www.tradingview.com/x/uJlmNDif/
One notable trend is the emergenceโฆ
๐ Kaiko report:
โช๏ธ Liquidity distribution is improving. Altcoin liquidity, expressed as a percentage of daily BTC market depth, has mostly increased over the past two years;
โช๏ธ #ETH liquidity share relative to BTC continues decrease (as of 2024, the average ETH market depth was 72%, up from 83% in 2022);
โช๏ธ #memecoin meme tokens remain among the best this year: profitability since the beginning of the year varies from 80% to 1800%;
โช๏ธ The trading volume of meme coins also remains stable: The weekly volume of meme tokens has grown by more than 200% since the beginning of the year, reaching approximately $11 billion;
โช๏ธ As we move into the typically quieter summer months, macroeconomic data may continue to be a source of volatility.
โช๏ธ Liquidity distribution is improving. Altcoin liquidity, expressed as a percentage of daily BTC market depth, has mostly increased over the past two years;
โช๏ธ #ETH liquidity share relative to BTC continues decrease (as of 2024, the average ETH market depth was 72%, up from 83% in 2022);
โช๏ธ #memecoin meme tokens remain among the best this year: profitability since the beginning of the year varies from 80% to 1800%;
โช๏ธ The trading volume of meme coins also remains stable: The weekly volume of meme tokens has grown by more than 200% since the beginning of the year, reaching approximately $11 billion;
โช๏ธ As we move into the typically quieter summer months, macroeconomic data may continue to be a source of volatility.
๐ณ#ETH Santiment: whales bought over 110,000 ETH in the past 24 hours, worth around $341 million