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Ali

@coolhand93

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14 Followers
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Ali
@coolhand93
Despite healthy investor profitability, the magnitude of volume being processed and transferred on the Bitcoin Network following the ATH has declined drastically. This underscores a reduced appetite for speculation and heightened indecision in the market.
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Ali
@coolhand93
Since the beginning of 2023, Bitcoin's 60-day historical volatility has remained below 50%, a stark contrast to the significant fluctuations of 2022, when volatility exceeded 100%
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@coolhand93
USD-backed stablecoins dominate the crypto market, accounting for nearly 90% of all crypto transactions relative to the US dollar. In 2024, their average weekly volume was $270bn, 70 times higher than Euro-backed stablecoins. Euro-backed stablecoins, though still only 1.1% of transactions, have grown from nearly z…
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Ali
@coolhand93
Historically, Q3 has had the lowest volume by a significant margin, with cumulative BTC trade volume over 40% below the highest volume quarter.
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@coolhand93
Binance officially announced that the number of registered users on the platform has exceeded 200m worldwide. It took Binance 2 years and 2 months to grow from 100m to 200m users. To put this into perspective, 200m users is more than the population of countries such as: 🇮🇹 Italy (60m) 🇫🇷 France (65m…
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Ali
@coolhand93
Donald Trump referred to himself as a "crypto president" at a tech fundraiser in San Francisco
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Ali
@coolhand93
Nvidia surpassed Apple to become the second-largest public company in the U.S. It is the first computer-chip company ever to hit $3tr in market capitalization.
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Ali
@coolhand93
Introducing IO.NET (IO) on Binance Launchpool! Farm IO by Staking BNB and FDUSD
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Ali
@coolhand93
Binance seeks to dismiss most of the £10bn ($12.8bn) London lawsuit alleging it and other exchanges, including Kraken, colluded to delist Bitcoin Satoshi Vision (BSV). The lawsuit claims the 2019 delisting was anti-competitive, causing BSV's value to drop. Binance argues those who kept BSV did so voluntarily. BSV …
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Ali
@coolhand93
On May 31th, U.S. spot Bitcoin ETFs saw +$50m net inflows, marking the 14th consecutive day of positive flows
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Ali
@coolhand93
Elon Musk and Donald Trump are discussing cryptocurrency policies, and it is expected that if Trump returns to the White House, he will consider Musk as a presidential administrative advisor.@
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Ali
@coolhand93
The data shows that the number of Ethereum NFT traders has declined by 85% over the past two years.
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Ali
@coolhand93
Digital asset investment products saw inflows for the third consecutive week totalling $1.05bn, with cumulative flows representing an all-time record of $14.9bn for the year so far.
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Ali
@coolhand93
On May 23rd, U.S. spot Bitcoin ETFs saw $107.91m net inflows
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Ali
@coolhand93
Bitcoin’s market capitalization is approaching 10% of gold’s, currently 8.4%. Bitcoin is currently valued at $1.4 trillion compared to gold’s $16 trillion market cap.
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Ali
@coolhand93
This week's crypto market highlights: ⚫ OpenAI launches GPT-4o model ⚫ Tornado Cash dev gets 64-month sentence ⚫ US inflation figures ⚫ Notcoin to list on major exchanges ⚫ Top 10 most trustworthy crypto exchanges
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Ali
@coolhand93
Upcoming spot Ethereum ETF deadlines
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Ali
@coolhand93
Notcoin, a Telegram mini-app, reached 35m active users in a few months. Recently, Notcoin was minted on the TON blockchain and listed on major exchanges, allowing users to convert in-game currency into real money. Notcoin quickly became a top-10 cryptocurrency by trading volume, with a market cap near $700m. This h…
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@coolhand93
According to 13F reporting, 937 professional firms were invested in U.S. spot Bitcoin ETFs as of March 31. In comparison, gold ETFs had 95 professional firms invested in their first quarter. Retail owns a majority of the float. Professional investors held exposure of $11.06bn by the end of Q1, representing 18.7% of…
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@coolhand93
This week's crypto market highlights: ⚫ SEC delays Invesco ETH ETF decision ⚫ China considers access to HK Bitcoin ETFs ⚫ Gensler: Crypto is notable fraud source ⚫ Nigeria demanded $150m to end Binance probe ⚫ US House votes against SEC crypto policy
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