๐ #BTC BTC has been heavily shorted on BitMEX, the highest rates relative to price in 2 months. Generally, the likelihood of price increases increases when the crowd overwhelmingly assumes that prices will fall.
๐ #SUI Sui's 24-hour transaction volume reached 1.4 billion SUI, almost 150,000 active addresses, and 150 active validators.
๐ 24 hour stock flow
#analysis @cryptoattackbot
#Bitcoin$BTC
โก๏ธ $600.3M in
โฌ ๏ธ $668.4M out
๐ Net flow: -$68.2M
#Ethereum $ETH
โก๏ธ $425.9M in
โฌ ๏ธ $400.5M out
๐ Net flow: +$25.4M
#Tether (ERC20) $USDT
โก๏ธ $731.7M in
โฌ ๏ธ $791.7M out
๐ Net flow: -$59.9M
#analysis @cryptoattackbot
#Bitcoin$BTC
โก๏ธ $600.3M in
โฌ ๏ธ $668.4M out
๐ Net flow: -$68.2M
#Ethereum $ETH
โก๏ธ $425.9M in
โฌ ๏ธ $400.5M out
๐ Net flow: +$25.4M
#Tether (ERC20) $USDT
โก๏ธ $731.7M in
โฌ ๏ธ $791.7M out
๐ Net flow: -$59.9M
๐ค #AI Meta has released a new open source AI model, ImageBind, which can chain multiple data streams together, including text, audio, visual data, and more.
๐๐ The ETH Foundation recently transferred a significant amount of #ETH to Kraken:
- So far, only in 3 cases of ETH Foundation balance decline (in green) #ETH price has fallen
- This ETH Foundation move appears to have spooked the market as it sees the highest spikes in daily active deposits in over a year
- MVRV 30D ETH, which measures holders' short-term profit/loss, is out of the danger zone and heading into the opportunity zone where the #ETH price has historically bottomed out
- So far, only in 3 cases of ETH Foundation balance decline (in green) #ETH price has fallen
- This ETH Foundation move appears to have spooked the market as it sees the highest spikes in daily active deposits in over a year
- MVRV 30D ETH, which measures holders' short-term profit/loss, is out of the danger zone and heading into the opportunity zone where the #ETH price has historically bottomed out
๐ค CryptoAttack ๐ฌ๐ง
โ #ANT Aragon accused Arca in a 51% attack on DAO and are repurposing DAO under a new grant program.
๐๐ฟ #DF dForce founder accuses Aragon team of hacking protocol repositories by "repurposing DAO".
twitter.com
twitter.com
๐ฉ๐ช Germany. Consumer inflation (CPI) (Apr):
- m/m: 0.4% (prog 0.4%; pre 0.8%)
- y/y: 7.2% (prog 7.2%; pre 7.4%)
- m/m: 0.4% (prog 0.4%; pre 0.8%)
- y/y: 7.2% (prog 7.2%; pre 7.4%)
๐ #ETH Since the Shapella update, daily new Ethereum deposits have exceeded daily withdrawals for 11 consecutive days. The current ETH collateral is 18.06 million ETH, the ratio is 15.01%.
๐ญ๐ฐ๐ฅณ Hong Kong platform OSL Asset Management received a license to invest in blockchain, Web3 and AI.
forcast.news
forcast.news
๐ #ETH The percentage of Ethereum validators using โcompliantโ relays has dropped from 79% to 27%.
๐ #BTC Developer Nostr fiatjaf suggests using Spacechains and Fedimint to solve BTC scaling issues.
fiatjaf.com
fiatjaf.com
๐ Ordinals Wallet gave away NFT Pixel Pepes to users who made transactions in the first week of product release.
twitter.com
twitter.com
๐ฎ #AXS Axie Infinity launched Origins Season 4 with a total prize pool of 111,764 AXS.
blog.axieinfinity.com
blog.axieinfinity.com
Axieinfinity
Axie Origins Season 4 is Live! โ๏ธ
Starter axie progression. Daily & weekly Missions. AXS rewards. The Arena awaits!
๐ฃ S&P Global: Cryptocurrency assets could theoretically be a hedge against inflation, however the history of crypto is too short to prove it.
coindesk.com
coindesk.com