Multichain 價格MULTI

As the market rally continues, investor sentiment appears to be increasingly positive. This is seen in the way traders move and store their assets. Data analyzed by the market intelligence platform Santiment revealed that the supply of bitcoin (BTC) and ether (ETH) on crypto exchanges has hit multi-year lows. While this development does not guarantee anything, it is a major bullish sign and has vast implications for the market. According to Santiment, BTC’s supply on exchanges has fallen to 7.1% for the first time since November 2018. Over the last five years, there has been 1.7 million less BTC on crypto trading platforms. Similarly, ETH now has less than 4.9% of its supply on crypto exchanges for the first time in more than 10 years. It also has 15.3 million fewer coins on trading platforms over the last five years. A shrinking supply of a certain cryptocurrency on exchanges often means a decline in assets available for immediate sale. This also means that investors are more confident and are moving their assets to cold storage for long-term holding, with the expectation of future price appreciation. With shrinking supply comes reduced selling pressure, especially over the short term. This leads to high price swings , especially if demand rises. One way to determine if the BTC and ETH markets are experiencing higher demand is to examine flows into their investment products. The United States spot Bitcoin exchange-traded fund (ETF) market has recorded eight days of positive flows out of the last ten trading days. The daily inflows have been running into hundreds of millions of dollars. Spot Ethereum ETFs have also seen notable inflows over the same time frame, although not as much as BTC. Additionally, data from CoinShares’ Digital Asset Fund Flows Weekly Report indicates that digital asset investment products attracted positive flows for the fifth consecutive week, with Ethereum and Bitcoin funds recording substantial inflows. While demand for BTC and ETH continues, their prices are up slightly in the past 24 hours. Data from CoinMarketCap shows that BTC trading is at $105,290, and ETH is hovering around $2,527 at the time of writing.

Multi 7 figure fumble for me on some recent onchain runners that I wasn't even *that* early to. KTA and launchcoin were two that I could have held but lost $ on both. Either way, it's a good reminder to move on quickly and not dwell (too) long on the past. We click on

ALTS /BTC PAIR CHART (Weekly): Others (Alts) are still struggling in btc pair. it means that Bitcoin continue grow while alts not able to outperform bitcoin. Bullish part is that last two weekly Heikin Ashi candle showing turn into green. If this week closing again will be green than it will be very bullish for alts. Resistance: For confirmation it have to break resistance line near .14 showing in chart. Support: It should hold support .11 , otherwise we will see a drop towards multi year support zone 0.07 where we can see strong buying. Conclusion: If you are alts trader, than you have to understand this alts /btc relationship. It doesnt mean that alts will drop in USDT as well. If bitcoin break ATH and take quick jump towards $130k , we may see some weakness in alts btc pair. This also doesn't mean to sale alts, This is good area to accumulate your fav alts in 2 part, Now and on 25% correction. If you will wait for bottom, than their is chance that you miss train like ETH from $1400 to $2500. #ALTSEASON #ALTS

Blackstone reveals first Bitcoin investment via IBIT ETF A recent portfolio filing shows that the world's largest private equity firm Blackstone’s Alternative Multi-Strategy Fund held 23,094 shares of the iShares Bitcoin Trust (IBIT) as of March 31. This is the first time the

Now tracking @OuroborosCap8 on @ethereum Multi-Strategy Crypto Fund