ππ Glassnode report:
- Short-term holders experience slightly less pressure, as prices rise above costs after a period of net capital outflows;
- New investors show some resilience, as evidenced by the relatively small size of realized losses, which indicates confidence in the general upward trend;
- In the perpetual futures market there is careful restoration of mood: Demand is gradually increasing, but is still below levels seen during strong bull markets.
- Short-term holders experience slightly less pressure, as prices rise above costs after a period of net capital outflows;
- New investors show some resilience, as evidenced by the relatively small size of realized losses, which indicates confidence in the general upward trend;
- In the perpetual futures market there is careful restoration of mood: Demand is gradually increasing, but is still below levels seen during strong bull markets.
ππ£ #ETH CoinShares: "Ethereum transaction demand is concentrated in several speculative use cases, which limits its long-term growth in value.
With the advent of L2 scaling solutions, the demand for Ethereum has decreased and we are faced with the challenge of facilitating the development of network applications that have long-term value."
With the advent of L2 scaling solutions, the demand for Ethereum has decreased and we are faced with the challenge of facilitating the development of network applications that have long-term value."
π€π£ #SOL VanEck: Solana has the potential to reach 50% of Ethereum market cap
ππ #cbBTC now represents 49% of the total wrapped Bitcoin volume, claiming the top spot just two weeks after launch.
ππ WuBlockchain counted the number of tokens listed on Upbit over the past year. Typically, they rose sharply in price within a day of listing, including #MINA, #CTC, #ASTR, #SPURS, #POKT and #UXLINK rose by more than 100%.
In addition, tokens listed on Binance but not yet listed on Upbit were also counted, meaning they are highly likely to rise. x.com
In addition, tokens listed on Binance but not yet listed on Upbit were also counted, meaning they are highly likely to rise. x.com
πΏπ #TON Telegram Wallet will be temporarily limited to users in the US and UK due to corporate restructuring and will become available after the company registers as a corporate asset provider.
π° AminoChain raised $7 million in pre-seed funding led by a16z. theblock
π½ #BTC Ross Stevens from NYDIG: Bitcoin is a form of expression protected by the First Amendment of the US Constitution.
πΊπΈβ The SEC claims that cryptocurrency mining devices are securities.
π³ #BTC whales sold over 20,000 $BTC in the past 24 hours, worth around $1.28 billion
π₯ #AI Meanwhile Meta began to fuss and submitted Llama 3.2, its first major computer vision model that understands both images and text, and implemented new technologies in Ray-Ban Meta glasses.
ππ Crypto market sentiment shifted to 'greed' again after #BTC's recent surge to $64,750