📊 CoinShares report by financial flows in crypto for the last week:
7th week in a row of outflows, profit-taking is likely, not a downturn.
Digital Asset Investment Outflow of $62M, 7th consecutive week of outflows (total $329M)
#TRX Tron, the smart contract platform, has been in the spotlight with a $51M outflow last week.
Recent outflow is associated with low trading activity, while volumes remain 60% below the annual average
7th week in a row of outflows, profit-taking is likely, not a downturn.
Digital Asset Investment Outflow of $62M, 7th consecutive week of outflows (total $329M)
#TRX Tron, the smart contract platform, has been in the spotlight with a $51M outflow last week.
Recent outflow is associated with low trading activity, while volumes remain 60% below the annual average
🔥👀 A useful indicator is available for subscribers of the @cryptoattack main channel. Subscribe and connect to test access. Later there will be other useful things, do not miss it 🤗
👀 Jeffrey Wilke, co-creator of Ethereum, transferred 22,000 #ETH to Kraken
🤖 CryptoAttack 🇬🇧
👀 Data: The total number of Ordinals castings exceeded 10 million pieces, and the total commission income was about 44.14 million USD. dune.com
📈 dune: The total number of Ordinals Inscription is approximately 10.91M and the total Fee and commission income is ~$44.41M
Dune
Bitcoin Ordinals Analysis
Dune is the all-in-one crypto data platform — query with SQL, stream data via APIs & DataShare, and publish interactive dashboards across 100+ blockchains.
📈 #USDT Exchange Deposits (7-day moving average) just hit a monthly high of 560,940
The previous monthly high of 558.732 was recorded on May 12, 2023.
The previous monthly high of 558.732 was recorded on May 12, 2023.
📊 glassnode: Around 780k #BTC, equivalent to 4.6% of circulating supply, was purchased at a spot price of ~$26.8k.
🤖 CryptoAttack 🇬🇧
🇺🇸🤝🇪🇺 #AI US Secretary of State Blinken: The US and EU are developing a code of conduct for artificial intelligence.
🇪🇺 #AI EU officials want all AI-generated content to be flagged in order to combat "fake news". cointelegraph
🐳 #PEPE Two SmartMoneys that previously earned on PEPE are selling the rest of the meme-coin at a loss
🤖 CryptoAttack 🇬🇧
👀 Data: Celsius transferred 198,000 ETH to his collateral pool and pledged 197,000 ETH through Figment. twitter.com
📊 #ETH Wenmerge: Ethereum faces congestion for validators.
Over 90,000 validators are waiting to provide protocol validation services on Ethereum. This means that a validator entering the queue today must wait more than 46 days to activate and start performing its tasks.
There are suggestions that this is due to the betting strategy that Celsius uses (#CEL), who sold almost 93% of his staked ETH
Over 90,000 validators are waiting to provide protocol validation services on Ethereum. This means that a validator entering the queue today must wait more than 46 days to activate and start performing its tasks.
There are suggestions that this is due to the betting strategy that Celsius uses (#CEL), who sold almost 93% of his staked ETH
🇺🇸 Services PMI (May): 54.9 (prev: 53.6)
Composite PMI (May): 54.3 (prev: 53.4)
Composite PMI (May): 54.3 (prev: 53.4)
🇸🇻 El Salvador plans to create one of the world's largest #BTC mining farms with a capacity of 241 MW. bitcoinmagazine
🇺🇸 ISM Non-Manufacturing PMI (May): 50.3 (before: 51.9)
Factory Orders (Apr): +0.4% mm (before: +0.9%)
Factory Orders (Apr): +0.4% mm (before: +0.9%)
📊 Glassnode report: Several indicators indicate that capital is rotating below the surface without risk. The volumes are gone and investors increasingly prefer capital in stablecoins (mostly #USDT)
🤖 CryptoAttack 🇬🇧
🇸🇻 El Salvador plans to create one of the world's largest #BTC mining farms with a capacity of 241 MW. bitcoinmagazine
🇸🇻 #USDT Tether invested $250 million in the first round of Salvadoran Volcano Energy project
🤖 #AI #ENS is launching the NickGPT artificial intelligence robot, which is currently deployed on Discord. twitter.com