π₯³π #TON Pavel Durov: The TapSwap mini-app has taken Telegram by storm and now has 56 million users. This crazy popularity was achieved in just a few months without any marketing.
The audience of TapSwap alone is larger than that of all legacy blockchain-based projects combined.
The audience of TapSwap alone is larger than that of all legacy blockchain-based projects combined.
π€ Galaxy Digital Analyst: The amount of #BTC distributed by Mt.Gox is expected to be less than the market expects, That's why There will be less selling pressure.
To receive βearlyβ payment, lenders made a 10% discount. We think about 75% of applicants are for BTC (~95k coins). Of this amount, approximately 20 thousand BTC should be sent to claim funds and 10 thousand coins should be sent to Bitcoinica BK, and 65 thousand coins will remain with individual creditors. These 65 thousand BTC/BCH is much less than the 141,868 coins that are regularly published in the press.
At the same time, he believes that sales may affect #BCH due to the low liquidity of the token.
To receive βearlyβ payment, lenders made a 10% discount. We think about 75% of applicants are for BTC (~95k coins). Of this amount, approximately 20 thousand BTC should be sent to claim funds and 10 thousand coins should be sent to Bitcoinica BK, and 65 thousand coins will remain with individual creditors. These 65 thousand BTC/BCH is much less than the 141,868 coins that are regularly published in the press.
At the same time, he believes that sales may affect #BCH due to the low liquidity of the token.
π½π The Biden administration is again hired his former cryptocurrency advisor Carol House (previously a crypto supporter) to the post of Special Advisor to the White House National Security Council.
π Kaiko report:
βͺοΈ #MNT Since October, Bybit's market share has grown from 8% to 16%, surpassing Coinbase to become the second largest exchange after Binance;
βͺοΈ Binance's #BNB dominance continues to erode, falling from 60% to 54% since October;
βͺοΈ The increase in volume on Bybit was mainly driven by both BTC and ETH;
βͺοΈ In contrast, Binance has seen stronger growth in altcoin volume, while the share of volume generated by BTC and ETH has dropped from 59% to 43%;
βͺοΈ Options traders are optimistic about the long-term prospects of #ETH;
βͺοΈ #BTC liquidity continues to decline over the weekend;
βͺοΈ Exchange token volumes have fallen fourfold since the 2021 bull run
βͺοΈ #MNT Since October, Bybit's market share has grown from 8% to 16%, surpassing Coinbase to become the second largest exchange after Binance;
βͺοΈ Binance's #BNB dominance continues to erode, falling from 60% to 54% since October;
βͺοΈ The increase in volume on Bybit was mainly driven by both BTC and ETH;
βͺοΈ In contrast, Binance has seen stronger growth in altcoin volume, while the share of volume generated by BTC and ETH has dropped from 59% to 43%;
βͺοΈ Options traders are optimistic about the long-term prospects of #ETH;
βͺοΈ #BTC liquidity continues to decline over the weekend;
βͺοΈ Exchange token volumes have fallen fourfold since the 2021 bull run
π #BTC Santiment: Since February 2023, the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions, triggering BTC price jumps of 63%, 100%, 92%, and 28%.
Currently, with BTC priced under $60,000 and the MVRV Ratio at -8.96%, this might be an ideal time to buy the dip.
Currently, with BTC priced under $60,000 and the MVRV Ratio at -8.96%, this might be an ideal time to buy the dip.
π₯³π #BTC Trump may head to Nashville to speak at Bitcoin 2024 conference: Axios theblock.com
π± #FUD Santiment: We're observing one of the highest social volume and dominance spikes for the word "bottom" in the last year.
Study what happened historically when similar events took place
Study what happened historically when similar events took place