SatoshiGrinders

2023-05-17 18:17:36 The cost basis for #Bitcoin Short-Term Holders is hovering around $25.2k, representing break-even for recent buyers.

A successful retest of MVRV = 1.0 was achieved in the March correction, typical of uptrending markets.

Will #Bitcoin reach $25.2k, and find support this round? Open / Comment

2023-05-17 18:17:15 Binance's dominance in spot crypto trading wanes as market share hits 46%, the lowest since Oct '22. Despite this, Binance remains the largest exchange by volume Open / Comment

2023-05-15 00:28:27 Bitcoin's rolling 30-day correlation with Ethereum fell below 80% this week for the first time since November 2021 Open / Comment

2023-05-13 16:27:07 #Bitcoin has touched the mentioned area but we could see another leg down to touch ~25k in short term. Open / Comment

2023-05-11 23:34:29 ETH locked hit an all-time recently at 19,731,568 ETH Open / Comment

2023-05-11 18:55:53 #Bitcoin bear looks.

Possible a leg down to touch 25k ~ 26k area so I would wait before taking action. Open / Comment

2023-05-10 17:52:48 #Bitcoin is experiencing extremely high demand for blockspace, driven by BRC-20 tokens, utilizing text based inscriptions, and ordinals

This is a revenue boost for Miners, as the average fee paid per block has reached 2.905 $BTC, near past bull peaks.

A few recent blocks have seen tremendous total fees paid of 5.87 $BTC, approaching 94% of the 6.25 $BTC block subsidy. Open / Comment

2023-05-08 22:26:51 USDT has been consistently trading at a premium on CEX since March, and is the only stablecoin that has regained its pre-Terra collapse market cap. Open / Comment

2023-05-05 23:48:52 Transaction fees on the Bitcoin network yesterday reached their highest point in 2 years, both by mean sats/vbyte per transaction in daily cumulative fees paid. Half of all transactions yesterday related to BRC-20 transactions. Open / Comment

2023-05-04 01:11:17 TUSD hits $1.2 on Binance amidst heavy borrowing on DeFi lending protocols. Open / Comment