π K33 Research Report:
- #macro Macroeconomics is once again becoming the driving force behind prices;
- #ETF flows changed as #BTC moved higher;
- CME traders bought the fall, but remain cautious;
- retail trade volumes are still far from 2021 levels;
- structurally the market now looks stable, but there are clouds on the horizon that are worth keeping an eye on.
- #macro Macroeconomics is once again becoming the driving force behind prices;
- #ETF flows changed as #BTC moved higher;
- CME traders bought the fall, but remain cautious;
- retail trade volumes are still far from 2021 levels;
- structurally the market now looks stable, but there are clouds on the horizon that are worth keeping an eye on.
k33.com/research
Was this the bottom?
Structurally, the market now looks sound, but there are some clouds on the horizon to keep an eye on.
π Glassnode report:
- Market action during the fourth halving #BTC were amazing similar to previous cycles: the price temporarily fell to $57 thousand, and then recovered and remained generally unchanged;
- #ETH markets followed a similar trajectory, however several indicators shed light on low performance of ETH compared to BTC;
- short-term holders and speculative activity appear to be concentrated within Bitcoin, with very little spread to Ethereum.
- Market action during the fourth halving #BTC were amazing similar to previous cycles: the price temporarily fell to $57 thousand, and then recovered and remained generally unchanged;
- #ETH markets followed a similar trajectory, however several indicators shed light on low performance of ETH compared to BTC;
- short-term holders and speculative activity appear to be concentrated within Bitcoin, with very little spread to Ethereum.
π³π΅ββ #ETH The giant whale, which has opened a position of 52,732 ETH since September 2023, initiated a bid to buy 8,453 stETH on Lido for approximately $30.17 million.
π³ #BTC Over the past 2 months, the whale received 2,261 BTC (~$149 million) from Flow Traders at an average price of $66 thousand.
Address:
38gwfxZdmXMknNKH3GuR1xzhdayTzHZrwy
Address:
38gwfxZdmXMknNKH3GuR1xzhdayTzHZrwy
π€ CryptoAttack π¬π§
πΏ#ERN Ethernity intrigues
πββ #QANX QANplatform launched a quantum-resistant blockchain testnet compatible with the Ethereum Virtual Machine (EVM). cointelegraph
π€ CryptoAttack π¬π§
ππ #BNB Binance published 17th Proof of Reserves (PoR): Binance's current reserve assets reached $117.1 billion, representing a net inflow of $3.9 billion compared to a month earlier. Meanwhile, spot trading volume on Binance in March reached its highestβ¦
ππ #BNB Binance Releases 18th Proof of Reserves (PoR):
- Binance's current reserve assets reached $118.5 billion, and net inflows since last month amounted to $6.49 billion;
- the number of #BTC users increased to 581,758 (+2.28%);
- user holdings in #ETH amount to 4.358 million (-1.97%);
- user investments in #USDT reached 22.85 billion (+8%);
- #BNB +3.7%
- Binance's current reserve assets reached $118.5 billion, and net inflows since last month amounted to $6.49 billion;
- the number of #BTC users increased to 581,758 (+2.28%);
- user holdings in #ETH amount to 4.358 million (-1.97%);
- user investments in #USDT reached 22.85 billion (+8%);
- #BNB +3.7%
π€ CryptoAttack π¬π§
πΊπΈπ 9 #BTC-#ETF today added 3,710 BTC ($236 million): - Grayscale has outflows of 938 BTC ($59.66 million) and currently holds 291,239 BTC ($18.53 billion); - Fidelity added 1,662 BTC ($105.7 million) and currently owns 151,241 BTC ($9.62 billion).
π½ #HIGH Insurance company Highstreet enters the Kentucky market with the acquisition of RISE Partners. prnewswire
π½π #BTC #ETF Monolith Management (former partner of Sequoia China), was informed that she owns BlackRock spot BTC-ETF worth >$24 million.
The Hong Kong firm's position in the BlackRock ETF is not only its fifth-largest position, but also more than double outperforms its investment in Meta stock. the block
The Hong Kong firm's position in the BlackRock ETF is not only its fifth-largest position, but also more than double outperforms its investment in Meta stock. the block
π€ CryptoAttack π¬π§
π₯³π Lava Network submitted tokenomics #LAVA: 25% will be used for future initiatives and reward reserves.
π°π Lava Foundation raised $11 million from Animoca Brands, Gate Ventures, CoinGecko Ventures and others ahead of the airdrop. the block
π°πββ #SOL Solana-based DePIN Ambient raised a $2 million seed round led by Borderless Capital and also acquired PlanetWatch, an Algorand-based DePIN project, to transition to Solana. the block
π€ CryptoAttack π¬π§
π¬π§π΄ββ The UK National Crime Agency announced the dismantling of LockBit, the world's largest cybercriminal group
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πΊπΈπ΄ββ US authorities identified Russian citizen Dmitry Khoroshev as the leader of LockBit and are offering a $10 million reward for information leading to his arrest.
Five other LockBit members were charged with crimes for their roles in the criminal operation, and at least oneβMikhail Vasiliev, a Russian and Canadian citizenβwas sentenced to prison.
Five other LockBit members were charged with crimes for their roles in the criminal operation, and at least oneβMikhail Vasiliev, a Russian and Canadian citizenβwas sentenced to prison.
πβ‘οΈ #ETH #DIVA DIVA: From 0x0EA3...8342 to DWF LABS (OpenSea User)
Token: DIVA TOKEN (DIVA)
Amount: $762 (48,229)
Chain: ETHEREUM TX #Onchaintrack
Token: DIVA TOKEN (DIVA)
Amount: $762 (48,229)
Chain: ETHEREUM TX #Onchaintrack
πβ‘οΈ #ETH #DIVA DIVA: From DWF LABS (OpenSea User) to 0x1DD2...964f
Token: DIVA TOKEN (DIVA)
Amount: $762 (48,229)
Chain: ETHEREUM TX #Onchaintrack
Token: DIVA TOKEN (DIVA)
Amount: $762 (48,229)
Chain: ETHEREUM TX #Onchaintrack
π€ CryptoAttack π¬π§
π #HBAR Messari. Hedera status for Q4: - Transaction volume increased for the sixth quarter in a row, reaching a new record of 164 million transactions on average per day. The Hedera consensus service is responsible for 99% of all transactions on the network;β¦
π #HBAR Messari. Hedera's status for Q1 2024:
- In the first quarter, Hedera demonstrated growth in many key indicators, including average number of active addresses per day (+154%), average number of new addresses per day (+62%), DeFi TVL in $ (+87%), stablecoin market cap (+84%) and average daily volume on DEX (+ 154%);
- HBAR's circulating market capitalization increased by 31% to $3.8 billion;
- TVL Hedera amounted to $119.3 million, and TVL SaucerSwap grew from $60.4 million to $117 million (+94%) and accounted for 98% of the total TVL network volume.
- In the first quarter, Hedera demonstrated growth in many key indicators, including average number of active addresses per day (+154%), average number of new addresses per day (+62%), DeFi TVL in $ (+87%), stablecoin market cap (+84%) and average daily volume on DEX (+ 154%);
- HBAR's circulating market capitalization increased by 31% to $3.8 billion;
- TVL Hedera amounted to $119.3 million, and TVL SaucerSwap grew from $60.4 million to $117 million (+94%) and accounted for 98% of the total TVL network volume.
π€ CryptoAttack π¬π§
π½π #BTC #ETF Monolith Management (former partner of Sequoia China), was informed that she owns BlackRock spot BTC-ETF worth >$24 million. The Hong Kong firm's position in the BlackRock ETF is not only its fifth-largest position, but also more than double outperformsβ¦