$NEAR is doing everything right to get masses onchain.

Kai-Ching became the leading Dapp with over 1.42 million weekly active users.

Sweat economy is also maintaining 575,000 weekly active users.

Accumulate on any deeper retraces in orange

HODL in light blue

Re-Accumulate in red

Enjoy green

$BTC #Crypto #Bitcoin

Altcoin volumes are up 📈

The market share of altcoin + ETH spot volume relative to BTC has risen to 60%, its highest level in more than a year.

This chart best captures the latest rally and the long way we still have to go 💨

#SOL is up 150% since Oct 1st, but still down 77% from ATH.

📉ETH/BTC has trended downwards ever since the Merge.

However, ETH sentiment finally shifted last week after BlackRock filed for a spot ETH ETF, causing the ratio to reverse.

➡️ Bitcoin retesting 35K levels.

➡️ Bitcoin dominance is below 52% again.

➡️ Altcoins are comparatively holding price, expect a bounce in alts if #BTC ranges here

➡️ Keep eyes on $MATIC, $TIA, $ORDI

$BTC funding rate has cooled off significantly already after today's down move

If we get another flush lower that sends funding into the negatives temporarily that'd be a solid sign of a local bottom, along with a reclaiming of future swept lows

What does it cost to operate a blockchain?💲

> Pay validators to secure the network
> Other operational expenses like salaries
> Ecosystem funding and general growth

Below is a table of some of the larger L1/L2 chains and their respective fees and expenses (token emission).

While these metrics can improve over time as inflation decreases, it's clear Ethereum is the leader in terms of income relative to costs.

In short, Ethereum generates $2.07 in fees for every $1 of ETH inflated.

Only other chain with positive cash flow currently is Tron.

How does this table make you feel?

Source
@tokenterminal

#BitMart will list Gas (GAS) on our digital assets platform on Nov 16, 2023 🤩

💰Trading pair: $GAS/USDT
💎Deposit: Estimate 11/17/2023
💎Trading: 11/16/2023 07:00 UT
Trade on tamilbtc.com/bitmart

Flexible Crypto Loan Learning Course #7 is Now LIVE!

Join and grab your share in the $2,000 Prize Pool 🎉

Duration: Nov. 16th, 02:00 - Nov. 20th, 15:59 (UTC)

Register tamilbtc.com/gate

Participate here👉 https://gleam.io/4oyDK/flexible-crypto-loan-learning-course-7

#Gateio #GiveawayAlert #CryptoLoan

📢 New Listing

$ATOR Gets Listed on #KuCoin!

💎Pair: ATOR/USDT
💎Deposit: now open (network: ERC20)
💎Trading: 10:00 AM on November 16, 2023 (UTC)
Trade on tamilbtc.com/kucoin

1️⃣Hold 1,000 $MX
2️⃣In the APP, go to #Kickstarter and #Launchpad
3️⃣Quick Commit to grab them all!
Get all on tamilbtc.com/mexc

Join and claim your rewards on tamilbtc.com/kucoin

#Bitcoin    Blue Year is now only 12 days away (Nov 28th) according to BitTime/ The Halving Cycles Theory...

Is the bull market here?

Yes!

Orange Bear Market years only last 1 year, and we're in a white cycle which has much more steady accumulation.

Both black cycles have put in wild swings to the upside mid-way through Green Year, then spending the other half correcting.

Different people have different definitions of bull market, but I see it as a consistent uptrend, which we are in.

BitTime says that all cycles follow each other closely, but even more precisely when they alternate.

This means good steady gains just like 2016, until we reach Nov 28th, 2024 Red Year where the real fun starts.

A sideways period is scheduled for early next year on BitTime after our current move is complete, second early top in June 2024.

I have this projected at 47k but this is subject to change based on price action between now and then.

Bitcoin just keeps on rhyming 🎶

FACT: 🇸🇻 El Salvador has been buying 1 #Bitcoin    every day for exactly 1 year - starting at the bottom of the bear market!

Legendary! 🙌