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Daily #Web3 Market

Writer's picture: AbiAbi

6 Jun 2024:


Market accumulation drove Bitcoin’s realized profits to all-time high pre-halving

Bitcoin’s entity-adjusted realized profit reached significant highs, reflecting dynamic market behavior before the halving event. Read more


Bitcoin balances on OTC desks surge by 30,000 BTC in May

An influx of 30,000 BTC returned to over-the-counter desks in May, indicating a local top around $63,000 before retreating slightly. Read more


Bitcoin perpetual funding rates fluctuate with market sentiment in 2024

Bitcoin’s perpetual funding rates have varied, providing insights into market sentiment and positions in futures contracts. Read more


VanEck Sees Ether Hitting $22K by 2030

VanEck forecasts that Ethereum could reach $22,000 per token by 2030, driven by strong growth potential within traditional and crypto portfolios. Read more


Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices

Options traders are betting on Bitcoin prices to surge above $74,000, potentially reaching up to $80,000 by the end of the month. Read more


First Mover Americas: Bitcoin Tops $71K After Best Day for ETF Inflows Since March

Bitcoin’s price surged past $71,000 following significant inflows into ETFs, marking the best day for such investments since March. Read more


100% Bitcoin long-term hodlers are now in profit as BTC crosses $71K

All long-term Bitcoin holders are in profit after BTC surpassed its previous all-time high, reaching $71,000. Read more


3 reasons why Bitcoin failed to break above $72K

Regulatory uncertainty, macroeconomic volatility, and investor sentiment are key factors that prevented Bitcoin from breaking the $72,000 barrier. Read more


Franklin Templeton CEO says Bitcoin investment still in early phase

Franklin Templeton’s CEO believes Bitcoin investment is still in its early stages and will attract more institutional investors over time. Read more


Centralized crypto exchange trading volume falls to $5.2T in May

Trading volumes on centralized crypto exchanges dropped to $5.2 trillion in May, down from $9 trillion in March. Read more


Price analysis 6/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

Price analysis for major cryptocurrencies shows Bitcoin remains within a range, with solid ETF inflows suggesting investor optimism. Read more


63 US banks on the brink of insolvency: Why Bitcoin’s next target is $100K

The looming banking crisis with 63 US banks near insolvency may push Bitcoin towards the $100,000 mark as a safe haven asset. Read more


CBDC privacy concerns and ‘lack of purpose’ stall progress: 4 out of 167 live

Central bank digital currencies face challenges with privacy concerns and a clear purpose, stalling their progress despite high interest. Read more

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