Tip: The short term BTC model is controlled by derivatives traders, to the detriment of demand

2020-8-11 23:14
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Cryptocurrency analyst Willy Woo commented on Twitter that Bitcoin is under short-term control by derivatives traders and expects more volatility. Long-term exposure has nothing to do with the long-term macroeconomics driven by supply and demand.

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CoinMetrics: Ethereum's real assets are 112,114.6 million.
As reported by UToday, according to Coin Count Metrics, as of August 11, there were 1121.114.6 million tokens in ETH. In the past, CryptoTwitter has debated the issue of ETH products, with many researchers and data sources showing different images. As Anthony Sassano, co-founder of Ethhub.io explained, the crux of the matter is that unlike Bitcoin, Ethereum does not have the capacity to challenge all commodities. Coin Metrics' “free float” model takes many of the best practices in market capitalization and uses them for crypto assets to identify products that are unlikely to be bought by the market. In this case, the data would effectively approximate the liquidity and market capitalization of the crypto asset.
2020-8-11 22:38