Positive news this week has led to increased discussion of cryptocurrencies on social media. According to Santiment analysts, the number of mentions of Efirium on Twitter reached a maximum since November 2021.

At the same time, Bitcoin's popularity set a record since last March.

The number of VTS on exchanges continues to decline and has already reached the level of 2017. Simultaneously with the growth of USDT balance at large wallets, this creates favorable conditions for growth.

The RSI indicator in bitcoin still shows serious overbought despite the recent correction to the $34000 area. Accordingly, the probability of rapid growth is significantly reduced.

The capitalization of the six largest stablecoins increased significantly in the week before the BTC pump to $30,000. A repetition of such growth in the capitalization of stablecoins could be a harbinger of a new Bitcoin pump (santiment)

A new crypto market report from Glassnode again points to a number of factors favorable to growth. In particular, long-term investors continue their accumulation policy, while the number of stablecoins on exchanges is growing and reaching a new 7-month high. Liquidity in the markets is approaching zero. The crowd shows no willingness to take risks.

This is not a guarantee of immediate growth, but we clearly see preparation for the upcoming bull run.

Affected FTX customers will be able to recover nearly half of their lost funds. Thanks to the active work of the liquidators, the assets of the exchange are already valued at $7 billion against claims of $16 billion. This was also due to the successful investment of the SBF founder in the startup Anthropic.

List of Bitcoin halvings with miner rewards.
Currently, one mined block is worth 6.25 BTC.

Third airdrop of Optimism tokens.

It was organized to encourage delegation and voting. This time, the project distributed approximately 19 million OP tokens.
To receive these tokens, participants needed to meet certain criteria:

1. Delegate your tokens for a period of at least 7 days.
2. The total amount of delegated tokens and the duration of the delegation must be at least 18,000, or 9,000 provided that a vote has been taken.
3. The participant must have voted at least once during the period from January 20, 2023 to July 20, 2023.

You can check whether you have received tokens on the corresponding web resource.
As a result of the drop, tokens were distributed to more than 30,000 wallets, with amounts varying from $100 to $2,000 per wallet.
This example clearly demonstrates that airdrops will still live and reward those who invest in them.

#bitcoin price history

The new Bitcoin halving is scheduled for April 20, 2024. If history repeats itself, BTC could rise to $35,000 before the halving and ~$150,000 after.

Additional incentives for growth may also be the court decision on XRP and the approval of applications for spot BTC-ETFs (Pantera Capital)