Apr 25
Apr 24
#BitcoinETF volume is alive and well, recently reaching its highest daily collective volume in 4 weeks ($3.62B), when measuring activity from $GBTC, $IBIT, $FBTC, $ARKB, $BTCO, and $HODL. With markets moving sideways unpredictably over these past 5 weeks, consider the health of these #ETF's as a #bullish bode of confidence for the entire #cryptocurrency sector.
#Bitcoin's key whale tier holding 1K-10K $BTC are supporting this rise, and have now accumulated 266K more $BTC since the start of 2024. This translates to an accumulation of 1.24% of the entire supply. The crowd is also showing a high degree of #FOMO.
Check out the link to this above chart, and monitor how these two leading indicators develop as we head into our final days of April. The post-halving era continues to be uncertain, but could be very rewarding if whales continue accumulating and this level of crowd bullishness calms down shortly.
Apr 23
🤖📈 The top 100 #AI and #BigData projects have collectively grown their market caps by +22% in the past week. The sector continues to boom with front-runners like Open Fabric (+78%), Aleph.IM (+64%), and Akash (+49%) seeing major growth.
It is always advisable to do your own research before investing in such projects. But with the sector seeing advancements that are being backed by speculative support from traders that wish to get exposure to #ArtificialIntelligence in its still very short lifespan, there is merit to looking through #cryptocurrency project options that particularly fall under this category.
Explore the watchlist to the top projects in this rapidly rising sector here!
Apr 22
The price of #XRP has jumped ahead of the #altcoin pack, jumping +6% and as high as $0.5687 today. The amount of wallets, 2,013, holding at least 1M $XRP has been surging over the past six weeks (rising 3.1%), and is within 1 wallet of the #AllTimeHigh.
High transaction #fees associated with #Bitcoin have been a hot topic since the successful Friday #halving. Much of this surge appears to be related to the #RunesProtocol debut. The #FUD related to $BTC costs should be beneficiary to #crypto bouncing.