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đđ $LINK has seen consistent negative exchange netflows for almost a month, indicating sustained withdrawals from exchanges. This trend often signals accumulation, as holders move assets to cold storage or private wallets, reducing immediate sell pressure.
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đ $AVAX 's new adoption rate is on the rise, currently at 23.5%! This metric highlights the percentage of active addresses making their first-ever transaction, offering a clear view of the role newcomers play in overall network activity.
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đđ $BTC #Glassnode report: âȘïž Spot price breaks above several key technical and on-chain price levels; âȘïž All subgroups in the cohort of short-term holders now have unrealized gains, which is likely a tailwind for market sentiment; âȘïž Open interest in the futures markets has also recently expanded, reaching a new ATH; âȘïž CME's dominance highlights the growing presence of institutional investors in the digital asset space, with clear signs that a cash-and-carry strategy is in play.
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đđ Catalysts on the horizon for $BTC in 2024 & early 2025! Coming up: âȘïž MicroStrategy Q3 earnings (in 7 days); âȘïž US Election (in 13 days); âȘïž November Fed meeting (in 15 days).
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đŠđ€ $ETH holders should understand the economic impacts of Uniswap decision to build Unichain. Uniswap ($UNI ) has processed over $2.4 trillion of trading volume and generated over $8 billion of all-time economic value. It's arguably the most important protocol on Ethereum - driving $2.7b in total settlement fees to the L1 + top L2s.
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Latest News
ETH/BTC Exchange Rate Hits Lowest Point Since April 2021
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DOJ Warns America PAC Over Potential Federal Law Violation
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Major ETH/BTC Trader Reduces Position by Selling 2000 ETH
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BlackRock IBIT Sees Significant Inflow of $323.6 Million
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BNB Surpasses 590 USDT with a Narrowed 0.36% Decrease in 24 Hours
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