CryptoMutant

@cryptomutant


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๐ŸŒ Find us: https://linktr.ee/Cryptomutant
๐Ÿ“ง Contact: [email protected]

CryptoMutant

15 Sep, 17:49


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก Tether has authorized the issuance of over $1 Billion of $USDT on the TON Blockchain, but only about $720.7 Million is currently in circulation.

The remaining $309.3 Million is authorized but unissued.๐Ÿ’ฐ

CryptoMutant

15 Sep, 16:26


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก According to economist Steve Hanke, the market is anticipating a smaller 25-basis-point interest rate reduction from the Federal Reserve next week.

However, there's a growing possibility of a larger 50-point cut, as indicated by the increased odds on CME FedWatch. ๐Ÿ’น

CryptoMutant

15 Sep, 15:02


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก The surge of interest in Artificial Intelligence, which began a couple of years ago, appears to have plateaued. ๐Ÿ“‰

CryptoMutant

15 Sep, 06:22


๐ŸŸฉ CryptoMutant Corner ๐ŸŸฆ

๐Ÿ“ Today's #Crypto Fear and Greed Index | ๐Ÿ’ฐ Sentiment

๐ŸŸข Current Price:
$BTC ~ $60,152.35 | $ETH ~ $2,419.99

CryptoMutant

14 Sep, 21:28


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก Bitcoin has reached a new milestone: native yields are now possible. While it's not the same as traditional staking, projects like Babylon are introducing a similar concept called "restaking" to the Bitcoin blockchain. ๐Ÿฆ

This allows apps to benefit from the security of Bitcoin while earning rewards. ๐Ÿ’ฐ

CryptoMutant

14 Sep, 19:42


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก The crypto market saw a major boost yesterday, with investors pouring in $263.2 Million. This was the highest amount since July 22nd. ๐Ÿš€

CryptoMutant

14 Sep, 18:32


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก Blockchain Gaming witnessed a significant milestone in August, reaching a new peak with 4.2 Million daily active wallets engaging with gaming dapps. ๐ŸŽฎ

This surge was primarily driven by the Ronin Network, whose newly introduced games propelled it to the leading position. ๐ŸŽฏ

CryptoMutant

14 Sep, 05:59


๐ŸŸฉ CryptoMutant Corner ๐ŸŸฆ

๐Ÿ“ Today's #Crypto Fear and Greed Index | ๐Ÿ’ฐ Sentiment

๐ŸŸข Current Price:
$BTC ~ $60,001.47 | $ETH ~ $2,417.55

CryptoMutant

13 Sep, 21:50


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก Grayscale plans to introduce the first XRP trust in the United States. The company hopes to eventually convert it into an ETF with SEC approval. ๐Ÿš€

XRP's price surged over 10% following the announcement. ๐Ÿ’ธ

CryptoMutant

13 Sep, 19:25


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก L2 Networks saw a decline in Total Value Locked (TVL) in August, despite a surge in total transactions.

TVL dropped 15.3%, while transactions increased by 15.1%. ๐Ÿ“‰

CryptoMutant

13 Sep, 17:08


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก Gold prices reached a new all-time high of $2,564 per ounce on Friday, up 10% for the quarter. ๐Ÿ’น

In contrast, Bitcoin prices hovered around $58,000, down 7% over the same period. ๐Ÿ“‰

CryptoMutant

12 Sep, 15:25


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก Bitcoin's price history suggests a potential rally before the 2024 U.S. Election, similar to patterns seen in 2016 and 2020. ๐Ÿ’น

With 61 Days to go, we might witness another post-election rallyโ€ผ๏ธ

CryptoMutant

12 Sep, 03:23


๐ŸŸฉ CryptoMutant Corner ๐ŸŸฆ

๐Ÿ“ Today's #Crypto Fear and Greed Index | ๐Ÿ’ฐ Sentiment

๐ŸŸข Current Price:
$BTC ~ $58,259.99 | $ETH ~ $2,367.93

CryptoMutant

11 Sep, 17:39


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก ETH's price has been largely driven by futures market activity. ๐Ÿ’ธ

A decrease in funding rates suggests a bearish outlook, indicating low buying interest. For ETH to rebound, there needs to be a surge in demand for perpetual contracts or it risks further mid-term price drops. โ˜ ๏ธ

CryptoMutant

11 Sep, 16:20


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก The decline in Bitcoin reserves on exchanges this year signals a shift in investor sentiment towards long-term holding. ๐Ÿ’ช๐Ÿป

As more people move their BTC to private wallets, the potential for large-scale sell-offs diminishes. ๐Ÿคž๐Ÿป

CryptoMutant

10 Sep, 20:00


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก Increased liquidity in the cryptocurrency market is evident in the 30% rise in daily trading volume on the top 10 exchanges since 2023. The introduction of spot Bitcoin ETFs in the US has played a key role in this surge. ๐Ÿ”ฅ

Binance maintains its dominant position with a daily trading volume of $19 Billion, dwarfing that of Bybit and Coinbase. ๐Ÿš€

CryptoMutant

10 Sep, 18:38


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก A Bloomberg Law analysis reveals that 22 top law firms have collectively earned over $751 Million in legal fees from representing clients in seven Chapter 11 bankruptcy cases stemming from the 2022 crypto market collapse. โ˜ ๏ธ

FTX, in particular, has generated over $312 Million in legal fees. ๐Ÿ’ธ

CryptoMutant

10 Sep, 11:08


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก Bitcoin's 7-day options skew has fallen to a three-week low, indicating a growing preference for put optionsโ€ผ๏ธ

Traders are positioning themselves defensively in anticipation of a potential price decline, likely driven by concerns over U.S. economic growth and the recent sell-off in Nvidia's stock. ๐Ÿ“‰

CryptoMutant

09 Sep, 19:08


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก The SOPR metric indicates Bitcoin's profitability. If it's above 1, Bitcoin is making a profit & if it's below 1, it's experiencing a loss. โ€ผ๏ธ

When SOPR drops below 1, it could suggest that investors are selling at a loss (capitulation), which might be a buying opportunity for long-term investors. Conversely, spikes in SOPR could signal high profits and potentially a market peak. ๐Ÿ’น

CryptoMutant

09 Sep, 16:00


๐ŸŸฉ CryptoMutant Insights ๐ŸŸฆ

โšก More outside money is flowing into the crypto market, with $3.65 Billion added in the last 30 Days through $USDT. ๐Ÿ’ฒ

This influx of cash hasn't yet impacted prices, but it could do so at any time. Large investors may be buying slowly to avoid pushing prices up too quickly. ๐Ÿ’ฐ