Wall Street bulls charge into crypto

Will Silicon Valley successfully compete with Tether?

Record prices without the euphoria

Above: Weekly twitter followers of Crypto Exchanges, Google search volume for Bitcoin, Ethereum and Coinbase, New weekly Crypto Subreddit subscribers and Tweet volume on Bitcoin and Ethereum. Source: The block
Left: Bitcoin accounts with over 1,000 coins. Right: Percentage of Bitcoins on exchanges. Source:Glassnode
2.1 Quadrillion Satoshi Source: OpenSea

Market wrap

Average daily Bitcoin perpetual contract funding rates. Source:Bybt
Market share in BTC futures and perpetuals according by OI. Source: Arcane
Above: Ethereum NFT volume by quarter. Source: Coin Metrics

Mining

This week’s highest selling NFT, Bored Ape Yacht Club #8585 was sold for 696 ETH. Global NFTs volume in the last 30 days was $3.8 billion. Above: ctrl + alt + generate

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