#BTC For the first time since May 2019, the strike price of a short-term #BTC holder beat the strike price of a long-term holder:
STHRP: $21,742
LTHRP: $21,334
This has happened three times before, each time signaling the end of a bear market.
The SOPR ratio also flashes red in the downlink for the first time since May 2019. The realized profit of the STH cohort is lower than that of the LTH cohort.
STHRP: $21,742
LTHRP: $21,334
This has happened three times before, each time signaling the end of a bear market.
The SOPR ratio also flashes red in the downlink for the first time since May 2019. The realized profit of the STH cohort is lower than that of the LTH cohort.
🇮🇹👀 #AI The Italian privacy regulator launched an investigation into OpenAI because of ChatGPT.
👀 #FTT An attorney for FTX has proposed to bank Deltec International Group (DIG), known for its partnership with Tether, to transfer the assets of a promissory note linked to Alameda Research and former FTX chief executive Ryan Salame.
theblock.com
theblock.com
📊 #BTC volatility has risen almost to the level of the FTX collapse, mainly due to low liquidity in the markets. When liquidity is low, prices have less support both up and down, which increases volatility.
🇺🇸👀 Consumer inflation PCE Price index for February m/m +0.3% (exp. +0.5% / prev. +0.6%)
year +5% (exp. +5.1% / prev. +5.4%)
year +5% (exp. +5.1% / prev. +5.4%)
🤝 Genesis and BitGo Trust Collaborate on Institutional Depository Product.
BitGo Trust will provide qualified custodial services and cold storage for assets held on behalf of Genesis institutional clients. www.blockworks.com
BitGo Trust will provide qualified custodial services and cold storage for assets held on behalf of Genesis institutional clients. www.blockworks.com
Blockworks
Genesis, BitGo Trust Collaborate on Custody Product for Institutions
BitGo Trust will provide qualified custody services and cold storage for assets held on behalf of Genesis' institutional clients
🤖 CryptoAttack 🇬🇧
📊 #XRP Coinglass: Ripple open interest rises to $843M, highest since December 2021 (+90%)
📈 Kaiko: #XRP Daily Trading Volumes Hit Highest Since September 2022, Supported by Korean Markets
🤖 OKX announced the launch of a new integration from EndoTech .io, which uses artificial intelligence algorithms to track the volatility of the cryptocurrency market. cointelegraph.com
🤖 CryptoAttack 🇬🇧
📊 The Magic Eden Bitcoin NFT market accounts for over 70% of daily trading volume, making it Ordinals' largest market. dune.com
🖼🚀 #MATIC dune: Magic Eden on Polygon broke records (60D) in daily volume, sales and users, after the NFT project "y00ts" has been ported to Polygon and attracted a large number of volumes to the platform.
🤖 CryptoAttack 🇬🇧
🍿 #ARB An attacker is trying to use 2,400 compromised crypto wallets to receive an Arbitrum airdrop on his behalf. If the plan is successful, it could net them around 3 million ARB tokens, which is 0.26% of the user airdrop. Some community members called on…
🤖 CryptoAttack 🇬🇧
🗽 21Shares: As of March 25, 2023 the US government has 205,515 #BTC in the amount of $5.6 billion, which is approximately 1.06% of the circulating supply. The #BTC cash is the result of three confiscations that began in 2020. Of the current BTC seized, 44%…
🇺🇸👀 Court Documents: The US government sold 9,800 #BTC on March 14 and intends to sell another 41,500 BTC linked to Silk Road in four batches within a year
👀 CryptoQuant CEO: Top Korean Exchanges Pump&Dump Every Time They Suspend Withdrawalsbecause South Korea has very strict capital controls that block arbitrage opportunities between global exchanges.
Ironically, Korean Crypto Traders Love to Pump and Dump Altcoins
Ironically, Korean Crypto Traders Love to Pump and Dump Altcoins
X (formerly Twitter)
Ki Young Ju (@ki_young_ju) on X
Fun Fact 2.
It happens because South Korea has very strict capital controls, blocking arbitrage opportunities between global exchanges.
Korean gov't is going to make this problem even worse with the travel rule solution, which makes Korean exchanges even…
It happens because South Korea has very strict capital controls, blocking arbitrage opportunities between global exchanges.
Korean gov't is going to make this problem even worse with the travel rule solution, which makes Korean exchanges even…