ππ€ CQ: New money is drying up in #BTC
Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to β2M BTC, the worst on record.
Short-term holders now hold 4.5M BTC, down 0.8M since 27 May. Demand momentum sinks to β2M BTC, the worst on record.
π 38 entities have raised their strategic #ETH reserve to $3 billion, holding a total of 1.19M ETH β nearly 1% of the total supply.
πΈ #BTC Sentora: Weekly Bitcoin fees rose to the largest value this year, fueled by regulatory clarity and high institutional demand.
πΊπΈπ #macro Waller (Fed): The Fed could cut rates as soon as July.
π Top Gas Consumers in the Last 7 Days
Meme coins consume a lot of gas. Despite the recent wave of account blocking and uncertainty, meme trading dApps remain the top gas consumers, highlighting their strong and active user base.
Still, Tether is miles ahead of other protocols with an incredible $74M in gas used. #memecoin
Meme coins consume a lot of gas. Despite the recent wave of account blocking and uncertainty, meme trading dApps remain the top gas consumers, highlighting their strong and active user base.
Still, Tether is miles ahead of other protocols with an incredible $74M in gas used. #memecoin
ππ #BTC CQ: In 2024β2025, deep open interest drawdowns β20β25% were accompanied by local BTC price corrections in the range of 7β21%.
Currently, the OI change is β3.5%, which indicates a moderate outflow of positions. In case of a repeated OI decline to levels of β20%, a Bitcoin correction of 5β15% can be expected.
Currently, the OI change is β3.5%, which indicates a moderate outflow of positions. In case of a repeated OI decline to levels of β20%, a Bitcoin correction of 5β15% can be expected.
πΊπΈπͺπΊ Kraken is moving its headquarters to Wyoming, while Coinbase has been granted a MiCA license and will set up its European cryptocurrency center in Luxembourg.
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π½π£ #BTC Senator Cynthia Lummis says the Bitcoin Strategic Reserve is the only solution to Americaβs national debt.
π―π΅π 91% of multi-chain wallet users in Japan are ready to switch to #BTC-only wallets β as long as the security is high enough.
ππ #ETH Ethereum developers plan to launch the Fusaka Devnet update on June 23.
The upcoming Fusaka hardfork will include no less than 12 suggestions to improve Ethereum.
The upcoming Fusaka hardfork will include no less than 12 suggestions to improve Ethereum.
π #ETH The amount of ETH in staking has reached a new ATH of 35 million ETH.
π Chainlink Noncirculating Supply wallets contributed 17.87 million #LINK ($149 million) back to Binance today. Chainlink has had 11 major unlockings - most of them accompanied by price increases.
πΊπΈ Trump is again lashing out at Powell, calling him "stupid" for not cutting the Fed rate and also hinting that his patience is running out.