Bitcoin market split as buying and selling volumes remain the sameThe Bitcoin market remains indecisive as buying and selling volumes remain closely matched.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. 📰 α Weekly ResearchBitcoin market split as buying and selling volumes remain the sameThe Bitcoin market remains indecisive as buying and selling volumes remain closely matched. Ethereum’s grip on DeFi challenged by Tron’s stablecoin surgeEthereum's stablecoin dominance faces competition from Tron, which shows negligible bridging activity compared to high interchain movement on BSC and Arbitrum. 📈 α Top Insights🗞️ More α ResearchEthereum futures hit record highs following spot ETF approvalFutures open interest hits all-time high as spot Ethereum ETFs attract institutional investors. Retail activity dominates Bitcoin, overshadowing institutional movesRetail investors' excitement has been fueling Bitcoin's growth in the past month, outpacing institutional transactions. Ethereum ETF rumors drive dramatic rise in ETH/BTC ratioRumors of a potential approval of the first spot ETH ETF in the US led to a dramatic rise in the ETH/BTC ratio. |
Sunday, June 2, 2024
Bitcoin market split as buying and selling volumes remain the same
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