HyperFi Network

ICYMI: Hong Kong’s OSL becomes the latest crypto exchange to cut jobs theblock.co/post/155026/os…

.@FTX_Official passed on a deal to purchase beleaguered crypto lender @CelsiusNetwork after examining the poor state of its finances, according to The Block. By @JamieCrawleyCD trib.al/HEUBWiv

Hopes for an imminent approval of spot #bitcoin ETF applications from @Grayscale and @bitwise have faded, despite earlier optimism. @mikeybellusci reports trib.al/7FFhabv

Too early to call the #bitcoin bottom but the orange line at the bottom left shows how it would line up with prior cycles should it hold.

Bitcoin Fear and Greed Index is 11 ~ Extreme Fear Current price: $20,972

The #Bitcoin drawdown from ATH has reached 73.3%, compared to previous bear market lows of between 75% and 84%. The duration in this bear is: - 435-days from the Apr-2021 ATH - 227-days from the Nov-2021 ATH This firmly places the current bear within historical bear norms.

Top Gainers in BNB Chain Ecosystem Last 24 Hours🚀 🥇 $DEXT @DEXToolsApp 🥈 $MARVIN @Marvin_Inu 🥉 $YGG @YieldGuild $WOO @WOOnetwork $NORD @Nord_Finance $DOGEDASH @doge_dash $HOGE @hogefinance $AUTO @autofarmnetwork $CPO @cryptopolisgame $RISE @everrise #BNB #BSC 🔥

The #Bitcoin Mayer Multiple is currently trading at 0.5, meaning price is at a 50% discount to the 200-day Moving Average. #Bitcoin prices have only closed at a Mayer Multiple value of 0.5 or lower on 3% of all trading days. Live Chart: studio.glassnode.com/workbench/3758…

Most #Bitcoin cyclic indicators are saying the bottom. Not sure how long it would take for consolidation in this range tho. Opening a big short position here sounds not a good idea unless you think that $BTC is going to zero. Live Dashboard 👇 cryptoquant.com/dashboard/61d5…

TOP #METAVERSE PROJECT WITH HIGHEST MARKET CAP IN @BNBCHAIN 🚀 🥇 $RACA @RadioCacaNFT 🥈 $CEEK @CEEK 🥉 $MBOX @MOBOX_Official $BNX @binary_x $FLOKI @RealFlokiInu $DAR @MinesOfDalarnia $MC @MeritCircle_IO $META @Metahero_io $YOOSHI @yooshi_official $HIGH @highstreetworld

As the #Bitcoin market consolidates below all-time-highs, Long-Term Holders are able to realise larger profit multiples. The current spending pattern in the LTH-SOPR metric indicates they are realising 300% profits on aggregate. This compares to 800% last time $BTC was at $64k.

JUST IN: @SBF_FTX's crypto exchange has raised $420,690,000 from 69 investors in a Series B-1 funding round that values @FTX_Official at $25 billion. @realDannyNelson reports trib.al/R8h0UE4

📈Hashrate near ATH, just as $BTC "Hashrate at less than 20% of the last historical top reached around 200,000 Ehash/s." by @gaah_im Check👇 cryptoquant.com/quicktake/6168…

NFTs for music! NFTs for gaming! NFTs for breakfast cereal! I spoke with a bunch of smart people about the future of NFTs. I mean, a year ago, no one had heard of them...now they dominate the art discourse. What's next? My latest, for @CoinDesk. coindesk.com/business/2021/…

Blockchain auditor @certik_io has raised $37 million in a Series B fundraising round led by Coatue Management and Shunwei Capital. @IanAllison123 trib.al/M0DnZFX

.@ColumbiaCompSci researchers @GuRonghuiEric and Jason Nieh have developed a system that guarantees, through a mathematical #proof, the security of virtual machines in the #cloud. bit.ly/3yzRXzs

Understand the security risk of Blockchain pscp.tv/w/c3ryHzFlZGpu…