📊 TVL on programmable Bitcoin layers increased 127% QoQ — link

@Blockchain_Crypto_Bitcoin

🥇 Bitcoin's Halving Effect : The avg direct cost of production of one bitcoin is expected to increase from $25,000 to $37,800.

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🔵 45 million transactions were recorded on Base in April, 50% more than the total in March — link

@Blockchain_Crypto_Bitcoin

🖼 Magic Eden is now the #1 NFT marketplace, overtaking Tensor/Blur/OpenSea — link

@Blockchain_Crypto_Bitcoin

💰 Bitcoin ETFs now hold 851k BTC, about 4.3% of all circulating Bitcoin. After starting with weekly inflows from $1.2 billion to $2.5 billion, there's been a slowdown since late March.

@Blockchain_Crypto_Bitcoin

💰 According to glassnode, affected by the Runes minting activity, on April 20, Bitcoin miner revenue reached US$106.7 million, of which 75.444% came from network transaction fees, both reaching record highs. — link

@Blockchain_Crypto_Bitcoin

🇦🇷 Argentines are buying 💰 Bitcoin to protect themselves from 276% inflation instead of rushing to exchange pesos for dollars, per Bloomberg

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💰 Bitcoin Profit ratio of current supply is 88.8%

The last time this level was reached was on February 7, 2024, when the price was $44,000.

@Blockchain_Crypto_Bitcoin

MORGAN STANLEY: 💰 Bitcoin miners are the quickest way to establish new data centers because they already have access to significant amounts of power ⚡️

Their models indicate that Bitcoin miners trade at a substantial discount to the intrinsic value of the power they secure

@Blockchain_Crypto_Bitcoin

❄️ Transactions on the TON network have been up over 100% since mid-March, and TON is closing in on the BNB chain in terms of transactions per day — link

@Blockchain_Crypto_Bitcoin

💰 Solana DeFi TVL increased by 232% QoQ to $4.9 billion, ranking it fourth among networks.

Lending and yield protocol Kamino jumped from Solana’s fourth largest to the top DeFi protocol by TVL. Its lending protocol ended the quarter with almost $1.3B in TVL, an 811% QoQ increase — link

@Blockchain_Crypto_Bitcoin

💰 Among offshore markets Binance’s BTC market share currently stands at approximately 55%, down from over 80% a year ago.

Bybit saw the strongest increase in market share this year, growing from 2% to 9.3%. OKX’s market share also jumped to 7.3% from 3% a year ago — link

@Blockchain_Crypto_Bitcoin

🔵 Base DeFi is continuing its climb upwards. TVL is now over $1.6B, nearly a 100% increase in 1 month — link

@Blockchain_Crypto_Bitcoin