Crypto Anatomy

🐻‍❄️ We are again among the first to wolf down the 5,000,000 bonus and pump up our profits! This is especially important for newbies

Where to find combo cards:
- Influencers - PR
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- TikTok - PR

UPD: If you don't see the bonus cards at the top, try going to the Mine tab and using the three dots on the top right to refresh the page.

👉🏻 Card combo

🧐Glassnode: the difference between the number of BTC in the hands of hodlers and new investors became the largest ever. Previously, such signals led to medium-term growth. Another technical parameter for growth

Solana Ventures launches $150 million fund to invest in cryptogames

Solana Ventures has teamed with Forte and Griffin Gaming Partners to launch a $150 million investment fund to support Web3 gaming startups at Solana.

Last month, Solana Ventures teamed up with FTX and Lightspeed to create a separate $100 million Web3 co-investment fund.

🔥Coinbase - coming to DEFI!
Today we're introducing Coinbase's global customers to a new way to make their cryptocurrencies work and generate income. We're making DeFi more accessible by allowing eligible customers in over 70 countries to access DeFi's attractive returns from their Dai without commissions, blockchain or setup issues.

Starting today, you'll be able to earn income from DeFi on Dai, a Stablecoin that's pegged to the U.S. dollar. Your Dai is transferred to Compound Finance, DeFi's industry-leading protocol.

The annual interest rate offered varies with Compound rates and will automatically update to reflect changes in the market. Compound rates are variable - for example, during October, the annual interest rate for DAI delivery fluctuated between 2.83% and 5.39%.

📈 Coinbase is the largest US exchange, with $255bn in assets

Miners have already mined 90% of the maximum amount of bitcoins 💠

As of December 13, almost 19 million coins have been mined, which is 90% of the maximum possible volume of 21 million. This limit is set in the code of the cryptocurrency itself and is a hard limit of issuance, which plays a key role in shaping its value and function as a means of savings. In recent years, it is this economic component that has attracted investors.

While it took miners a little more than 12 years to mine 9/10 of all possible coins, it will take 119 years to extract the remainder. This is due to another deflationary mechanism - halving.

The last halving took place in May 2020, reducing miners' remuneration from 12.5 BTC to 6.25 BTC. The mining rate will continue to gradually decrease. In 2040, it will drop to 0.195 BTC. By that time, only 80 thousand bitcoins out of 21 million will remain unmined, but it will take almost 40 years to get them.

💵Animoca Brands reported third-quarter revenue of $530 million


NFT game operator Animoca Brands Animoca Brands said it had $15.87 billion in digital assets at the end of November, reflecting steady growth in its meta-universe business units.

The company's other revenue, including investment and cryptocurrency profits, totaled $529.6 million in the first nine months.

In addition, Animoca is involved in various meta-universe-related projects, including REVV Racing, The Sandbox and GAMEE.

😐At $49k not interesting...

Open interest in bitcoin futures fell $5 billion to $16.8 billion yesterday, with positions reduced by liquidations and some traders hastily retiring.

Open Interest shows the number of futures contracts that have not yet settled, so the position is open. The more new positions are opened on BTC - the higher the OI.
After them comes the prolonged side trend for a week-month. So, the bitcoin will continue its moderate trading again. And viola will return to the trend 📈

🧐Bitcoin price in December

December was usually a very good month for bitcoin in the bullrun years, I wonder how it will be this year?

📄Adidas Dives Into the Metaworld and NFT

Adidas has made a collaboration with NFT projects Bored Ape Yacht Club, GMoney and PunksComic.

"Today we're taking the leap into the Metavseciety with Bored Ape Yacht Club, GMoney and PunksComic. It's time to enter a world of limitless possibilities."

As a reminder, Adidas signed a deal with cryptocurrency exchange Coinbase this week and is creating a meta universe with The Sandbox.

🔥Block one's Bullish cryptocurrency exchange launched

Cryptocurrency exchange Bullish has launched for a limited group of institutional investors.

Its first clients were Virtu Financial and Hong Kong company Amber Group. In the future, the platform will expand the offering of digital assets for both institutional and retail investors.

BTC, ETH and EOS will be available on the exchange for trading for U.S. dollars.

Bullish was founded this year as a subsidiary of Block one, backed by a group of well-known investors including PayPal co-founder Peter Thiel, hedge fund managers Alan Howard and Louis Bacon and Hong Kong tycoon Richard Lee.

🙏Decentralized Exchanges Reached Nearly $100 Billion as of November

Monthly Decentralized Exchanges (DEX) data shows that the volume of funds circulating in the ecosystem reached nearly $100 billion at the end of November.

The total for November is approximately $99.5 billion as of November 28. Monthly volumes have increased since hitting a year low of $56.35 billion in July, and November's total exceeded $89.15 billion for October.

Uniswap v3 and v2 exchange protocols formed the bulk of the monthly volume for November, totaling $47.37 billion and $24.07 billion, respectively.

The USDC/ETH trading pair was the most active on Uniswap v3, accounting for about $956 million in the last 24 hours. CoinMarketCap reports that total protocol volume for the previous day was $1.937 billion.

🧐Over 4 million users in DeFi on Ethereum

According to Dune Analytics, the total number of users in DeFi on Ethereum has reached 4 million. This figure has grown almost 8 times in just one year.

Uniswap is the most popular platform and has over 3 million users.

Other platforms and projects such as SushiSwap, Compound, Aave, Balancer and MakerDAO have a user base exceeding 300,000 people

🔥🔥🔥Ethereum has burned 1 million ETH tokens since the adoption of EIP-1559

Three months after the London update, the Ethereum network has burned 1 million ETH tokens, equivalent to $4.3 billion at current exchange rates.

On average, the Ethereum network burns 375 ETH every hour.

Leaders in burning:
- OpenSea: 110,100 ETH.
- Transfers on the Ethereum network: 97,400 ETH
- Uniswap V2: 92,600 ETH
- Tether: 54,000 ETH
- Uniswap V3: 33,400 ETH

What are crypto derivatives: futures, options, ETF?🧐

♦️Derivatives are derivative financial instruments and they work on the crypto market in the same way as on the stock or commodity market.

♦️A futures is a fixed-price contract for the delivery of a commodity on a specified date. For example, you buy a futures for bitcoin at $60k a month, but the price will be $80k at the current moment and you will buy BTC with a significant discount. But if the price goes against you and the rate is $40k at that time, you have to pay $60k anyway.

♦️The crypto market often uses estimated open-ended futures, when there is no purchase/sale of cryptocurrency, but the buyer and seller of futures just pay each other the difference between market price and rate in the contract.

♦️An option is similar to a futures contract, but is not binding. There is a contract to buy/sell BTCs at a fixed price, but if on the day of the contract execution the market goes against the owner of the option, he can cancel the deal. In such a case, he simply pays a commission to the seller of the option for the use of the contract.

♦️ETF - a stock exchange traded fund, or rather shares of this fund. There are already ETFs for bitcoin and other cryptocurrencies, in the USA only the ETF for BTC futures is allowed.

♦️The idea of such a fund is to issue shares backed by an underlying asset, which could be either the cryptocurrency itself (spot ETF) or contracts for it (futures ETF). The value of the ETF shares replicates the dynamics of the underlying asset. The convenience of a cryptocurrency ETF is that bitcoin cannot be found on a stock exchange, but an ETF for it can.

🚀🔥Key metrics point to further growth in bitcoin price

A moderate increase in spending of "old" coins, combined with a decrease in leverage in the perpetual contract market, points to a continued bullish picture for bitcoin. This is the opinion of Glassnode analysts.

After updating to an all-time high, (Spent Output Profit Ratio, SOPR) values are consistent with signs of an early bull market. Holders are waiting for higher prices, unwilling to move coins at current levels.

The persistence of aSOPR above 1 indicates the market's ability to absorb sellers' pressure without meaningful bearish price pressure.

Analysts looked at the Net Unrealised Profit/Loss (NUPL) differential between unrealised gains and losses based on the last coin move, as applied to coin holders over 155 days. It remained in the 0.5-0.75 range.

Nearly 40 bitcoin-ETF await SEC approval

The US Securities and Exchange Commission (SEC) continues to receive applications to launch bitcoin-ETF and already around 40 companies and funds are awaiting approval from regulators.

The trend for bitcoin-ETF is just getting started

The first bitcoin ETF in the US recorded huge trading volume 🗽

Shares in ProShares' first Bitcoin-linked US exchange-traded fund, the Bitcoin Strategy ETF, surged in value in its NYSE debut. The ETF under the ticker BITO gained more than 4.5 per cent to $41.89 per share. BITO's trading volume on the day of launch was about $1 billion, CNBC reports.

Recall that ETFs (exchange traded funds) are investment funds that form portfolios of assets by issuing their own shares, where securities are linked to a certain portion of the fund's assets. ETFs allow you to buy an asset without actually owning it. In the case of ProShares' Bitcoin Strategy ETF, the fund is linked to Bitcoin futures and has been traded on the Chicago Stock Exchange since 2017.

According to Will Hershey, CEO, Roundhill Investments, the launch of the Bitcoin futures-based fund proves once again that the ETF industry is booming.

The market is on the plus side today, most of the alts are green. BTC is now trading around $65,000, ETH is trading above $4,150.

Bitcoin dominance is 46%.
Fear and Greed Index: 84 (extreme greed)

📈💎 Bitcoin nears new price high

The price of bitcoin has approached $64,854 for the first time since April 14.

BTC is now at $63,400 and is about 2% away from ATH.