📊 C.Q.: The bull market is not over yet. In past bull markets, MVRV reached highs of 4.83 and 3.97, but is currently only at 2.78. It has not yet entered the revaluation zone and further growth can be expected. It is very likely that a sharp increase will occur as early as June.
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Video
🍿👀 Mt Gox: In accordance with the Rehabilitation Plan, the Rehabilitation Trustee is preparing to carry out
repayment of part of the claims in respect of which
cryptocurrency is highlighted. Funds are safe.
repayment of part of the claims in respect of which
cryptocurrency is highlighted. Funds are safe.
🤖 CryptoAttack 🇬🇧
👀 Xinhuo Technology: Approximately $18.1 million worth of cryptocurrency held in FTX by a subsidiary cannot be withdrawn www1.hkexnews.hk
🍿👀 #FTT Xinhuo Technology sold its claims to FTX for $19.5 million, which was 107.8% of the original claim amount. pdf.dfcfw.com
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📊 Report CoinShares on financial flows in crypto over the last week: The influx of investments into digital assets amounted to $932 million. Despite the increase in inflows, volumes for the week were just $10.5 billion, down from $40 billion in March. #BTC…
📊 Report CoinShares on financial flows in crypto over the last week:
The influx of investment products into digital assets amounted to $1.05 billion for the third week in a row.
#BTC - inflow of $1.012 billion. Outflow in short positions $4.3 million
#ETH - inflow of $36 million.
#SOL received an influx of $8 million.
The influx of investment products into digital assets amounted to $1.05 billion for the third week in a row.
#BTC - inflow of $1.012 billion. Outflow in short positions $4.3 million
#ETH - inflow of $36 million.
#SOL received an influx of $8 million.
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🤖 CryptoAttack 🇬🇧
⛏🙋♂ Bitfarms fired its CEO Jeffrey Morphy after he filed a lawsuit against the company seeking $27 million in damages for breach of contract.
⛏👀 Riot Platforms is considering acquiring Bitfarms.
bloomberg.com
bloomberg.com
⚠️ #ETH Binance will provide wallet maintenance for the Ethereum network starting May 29, 10:00 Moscow time. The service will take ~2 hours. Deposits and withdrawals will resume once the service is completed.
📊 Report glassnode:
- The Ethereum and Bitcoin markets are showing relative strength after a lengthy post-ATH consolidation, although prices have remained volatile and sideways since March.
- The SEC surprised the market with the approval of spot #ETH-ETFs, which led to a 20% increase in the price of Ethereum.
- Spot #BTC-ETF net flows have turned positive again after four weeks of net outflows, suggesting demand for TradFi is returning.
- Spending pressure for long-term holders has eased significantly and investors have returned to accumulation patterns, suggesting volatility is needed to motivate the next wave.
- The Ethereum and Bitcoin markets are showing relative strength after a lengthy post-ATH consolidation, although prices have remained volatile and sideways since March.
- The SEC surprised the market with the approval of spot #ETH-ETFs, which led to a 20% increase in the price of Ethereum.
- Spot #BTC-ETF net flows have turned positive again after four weeks of net outflows, suggesting demand for TradFi is returning.
- Spending pressure for long-term holders has eased significantly and investors have returned to accumulation patterns, suggesting volatility is needed to motivate the next wave.