Crypto Hedgehog
@jopootrivatel
Market analysis and news from the world of crypto 🍻
While 90% of admins are crying over a 20-25% correction, here's a sobering short post for you.
- TON is correcting on the general negativity, but is falling less than others. Take a look at the basic L2 on Ethereum or coins of other blockchains. If you bought TON at $7, don't be upset. Someone bought Starknet at $2.5,...
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Crypto Market Faces Seasonal Downtrend in August.
Coinbase analysts note August typically sees reduced crypto market activity and value slumps. Historically, Bitcoin averages a 2.8% decline, with lower liquidity and trading volumes contributing to increased volatility.
Bitcoin futures volumes also fell 30% during Aug...
ANALYSIS US DOLLAR.
The US dollar has recently broken down from a symmetrical triangle pattern and is now trading within the Ichimoku cloud, with the 200-day moving average acting as support.
A successful retest of the triangle's lower boundary could confirm a bearish trend. However, failure to retest may lead to f...
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DEX monthly trading volume vs. CEX is the highest ever at 14.22%.
The previous all-time high was in May 2023 at 13.7%
First day of trading in Ethereum-ETF. results.
- Cumulative trading volume: $1.11 billion.
- Net capital inflow to all funds (receipts minus outflows): $106.8 million.
- Leader in funds inflow: iShares Ethereum Trust ETF from BlackRock - $266.5 million.
The outflow of funds is expected to stop from Grayscale's $484...
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The Russian Federation is preparing to ban the free circulation of cryptocurrency in the country.
The State Duma Committee on the Financial Market approved the final version of the bill on restrictions on the circulation of cryptocurrency in Russia.
📌 If the bill is passed:
✔️ Exchanges and exchangers will have to...
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Coinbase has added Stader (SD) to its roadmap.
The price of SD has increased by more than 75% in 24 hours
TON developers announced the launch of their own second-level network called TON Applications Chain.
According to their idea, this will allow the launch of Ethereum-compatible applications in the TON ecosystem and at the same time give Ethereum developers the opportunity to create applications for Telegram users.
In ...
Now Ronaldinho is promoting a meme coin on the Solana blockchain
The football player mentioned the WATER token on his Instagram account with 76 million subscribers
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VanEck, BlackRock and others file amended registration statements for spot Ethereum ETFs as deadline closes in
• Monday is the deadline for filing amended registration statements for spot Ethereum exchange-traded funds and some firms have begun turning those in.
• VanEck filed its amended S-1 registration statement ...
Cryptocurrency is growing. Bitcoin has gained 4% over the past 24 hours, Ethereum has gained 6%, and altcoins from the top 100 have grown more significantly.
Growth leaders: BONK +24%, TIA +20%, SEI +17%, PEPE +15%, ENA +13%.
There are no falling assets.
Fear and greed index 27
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If we look at the ratio between the Bitcoin unrealized profit/loss per coin, we can see that the magnitude of paper gains held is 8.2x larger than paper losses.
Only 18% of trading days have recorded a larger relative value, all of which are within Euphoric bull market regimes
Whales continue to accumulate LINK.
90 new wallets have recently withdrawn ~6.72 LINK ($86.7 million) from Binance
After the recovery in quotes over the weekend, the cryptocurrency went down again. Bitcoin fell 5% to around $55,000, Ethereum is trading below $2,900. Many altcoins from the top 100 lost about 10% in price.
Leaders of decline: BRETT -13%, PEPE -13%, JUP -12%, WIF -12%, ENA -11%.
The index of fear and greed will re...