π Kaiko report:
- Liquidity distribution is improving. Altcoin liquidity, expressed as a percentage of daily BTC market depth, has mostly increased over the past two years;
- #ETH liquidity share relative to BTC continues decrease (as of 2024, the average ETH market depth was 72%, up from 83% in 2022);
- #memecoin meme tokens remain among the best this year: profitability since the beginning of the year varies from 80% to 1800%;
- The trading volume of meme coins also remains stable: The weekly volume of meme tokens has grown by more than 200% since the beginning of the year, reaching approximately $11 billion;
- As we move into the typically quieter summer months, macroeconomic data may continue to be a source of volatility.
- Liquidity distribution is improving. Altcoin liquidity, expressed as a percentage of daily BTC market depth, has mostly increased over the past two years;
- #ETH liquidity share relative to BTC continues decrease (as of 2024, the average ETH market depth was 72%, up from 83% in 2022);
- #memecoin meme tokens remain among the best this year: profitability since the beginning of the year varies from 80% to 1800%;
- The trading volume of meme coins also remains stable: The weekly volume of meme tokens has grown by more than 200% since the beginning of the year, reaching approximately $11 billion;
- As we move into the typically quieter summer months, macroeconomic data may continue to be a source of volatility.
π³#ETH Sentiment: Whales have bought over 110,000 ETH worth ~$341 million in the last 24 hours
π€ CryptoAttack π¬π§
π₯³π¬π§ London bank Revolut launches crypto exchange Revolut X. coindesk
π€ CryptoAttack π¬π§
πΊπΈπ 9 #BTC-#ETF today added 3,743 BTC ($251.56 million): - Grayscale added 397 BTC ($26.7 million) and currently owns 288,895 BTC ($19.42 billion); - BlackRock added 1,435 BTC ($96.44 million) and currently owns 276,190 BTC ($18.56 billion).
π€ CryptoAttack π¬π§
π #SEI released details by Sei v2
π #SEI Sei Foundation has initiated a proposal to upgrade the Sei Layer 1 blockchain to v2.
π€ CryptoAttack π¬π§
πΏ #ETH #ETF The SEC is studying the grounds for rejecting Ethereum spot ETFs. Lawyer Scott Johnsson revealed details from a March filing with the SEC, which said the regulator may consider designating ETH as a security. Bloomberg analysts are now considerthatβ¦
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π€ CryptoAttack π¬π§
π #ETH is actively being purchased
ππ #ETH CQ: Traders They are aggressively longing ETH. Open interest increased by almost $1 billion in an hour.
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π₯³ #ETH in the moment
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πΈπββ CoinGlass: >$118 million liquidated in the last hour
π€ CryptoAttack π¬π§
πΏ #ETH #ETF Bloomberg Analyst: We are increasing our chances of getting the Ethereum Spot ETF approved to 75% (from 25%). We heard talk this afternoon that the SEC might back down (an increasingly political issue).
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β οΈπ΄ββ π #GALA hacked for >$200 million (hackers minted tokens worth >$200 million and, apparently, sell on DEX).
Also observed active sales on CEX and GALA transfers to exchanges for millions of dollars - https://t.iss.one/pro_demo/22724
Also observed active sales on CEX and GALA transfers to exchanges for millions of dollars - https://t.iss.one/pro_demo/22724