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πŸ³πŸ“ˆ #BTC Ali Martinez: Someone bought the Bitcoin dip! Over 20,200 BTC, worth $1.23 billion, were sent to accumulation addresses.
πŸ‘€ IRS Finalizes Controversial Tax Reporting Rule for Brokers, Delays Decision on DeFi. theblock.com
πŸ‡¦πŸ‡Ί Australian #BTC-#ETF keeps on buying the Bitcoin dip every day. Since its launch this summer IBTC have bought just 65 BTC
πŸ“Š #BTC remains stable at $60,911 despite minimal movement following the latest U.S. economic updates.

The PCE index reported core inflation at 2.6% year-on-year, which did not significantly impact BTC prices.

Concerns grow over thinning support below $60K as bid liquidity weakens, signaling potential volatility ahead.
πŸ—“ Major upcoming events in July
#ASI #NATIX #APRS #BDXN #INJ #ILV #BNB #BTC #BCH #AIT
πŸ“Šβ› C.Q.: the capitulation of #BTC miners has reached a level comparable to December 2022: a drawdown of 7.6%.
December 2022 marked the bottom of the cycle after the FTX crash.
πŸ“Š Santiment: According to the MVRV Z-Score, which determines overvalued and undervalued assets based on the average profitability of traders:
Overvalued: #TON, #BTC, #ETH;
Underrated: #UNI, #SHIB.
πŸ•΅οΈβ€β™‚οΈ Perhaps the founder of #CRV made an over-the-counter trade.
christian2022.eth sent 400 thousand #USDT to Mikhail Egorov after the June #CRV crisis and received from him 3.75 million CRV. He then listed these tokens worth ~$1.25 million on Binance.
πŸ“ˆ #BTC #ETF Yesterday, the total net inflow of spot BTC-ETFs was ~$73.05 million.
πŸ“ˆ #BTC holdings at OTC desks have seen a significant increase in the last two months.
πŸ” Top #ERC20 coins, sorted by notable daily development activity rates over the past 30 days. #LINK #SNT #ETH
πŸ‘€ #L3 Layer3 Foundation will publish details on L3 tokenomics next week.
πŸ€” Where we are so far this #BTC cycle

Comparing realized capital held by shorter-term holders (<1month) versus longer-term holders (1-2yrs).

Number-go-up when new capital enters
πŸ“Š IntoTheBlock: 78%%ETH belongs to long-term holders.
Bitcoin miners sold more than 30,000 #BTC in June.
BTC saw net inflows on the CEX of $150 million during the quarter, a minor amount compared to the $3.5 billion in outflows in the first quarter. Medium.com
🎒 Over 65% of all #BTC supply hasn’t moved in more than 1 year
πŸ’° Top Fundraising Rounds conducted in June

Projects that received the most funding are Babylon ($70M), a Bitcoin staking protocol, Avail ($43M), an Ethereum data network, and M^0 ($35M), a decentralized cryptodollar issuance protocol.
πŸ‡ΊπŸ‡ΈπŸ‘€ #ETH The SEC returned Forms S-1 to potential Ethereum ETF issuers with minor comments, asking them to respond to the comments and resubmit applications by July 8th. theblock
πŸ“ˆ Around 14,000 #BTC have been sent to crypto exchanges in the last four days, worth around $851.20 million!
πŸ‡ΊπŸ‡ΈπŸ‘¨β€βš– #BNB US District Court rejected SEC lawsuit alleging secondary sales of BNB were securities.
πŸ“Š 7-day Net Flow across Blockchain Platforms
2024/10/02 12:28:44
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