- Coinsauce
- Posts
- ETH Fundamentals In Danger!
Welcome back to the Daily Coinsauce Newsletter! Let’s dive into today’s updates—there’s a lot to unpack!
💧Top headlines from the last 24 hours:
• ETH fundamentals continue to struggle.
• South Carolina joins the Bitcoin Revolution.
📕Educational :
• Liquidation games continue.
Lets dive in.
📅 Today
ETH Fundamentals Continue To Struggle!
BTC ETFs have seen 13 consecutive days of inflows, while ETH ETFs have faced nearly a month of continuous outflows, totaling over $2 billion.
ETH ETFs have recorded daily outflows since early March.
ETH burn rate is nearing zero.
ETH net emissions are rising.
ETH active addresses are declining.
Until these key metrics reverse, ETH’s price may continue to face pressure
South Carolina Joins The Bitcoin Revolution!
South Carolina has introduced the Bitcoin Reserve Bill (H4256), allowing the State Treasurer to invest up to 10% of state funds in Bitcoin, with a cap of 1 million BTC.
If passed, this move would make South Carolina one of the first U.S. states to officially allocate public funds to Bitcoin. The bill reflects growing institutional interest in Bitcoin as a store of value, signaling a potential shift in how states manage their financial reserves.
Go Premium
Upgrade Your Experience
Get the full Coinsauce premium experience – featuring exclusive content;
Weekly on-chain insights.
3-5 altcoin chart setups.
In-depth Bitcoin price updates.
Occasional in-depth reports on altcoin gems.
VC funding roundups.
Market cycle insights.
Premium Telegram trading group, and more.
🌎 Other News
📕 Educational
LIQUIDATION BLOODBATH CONTINUES 🤔
$900M liquidated (Feb 23)
$1.2B liquidated (Feb 24)
$800M liquidated (Feb 25)
$900M liquidated (Feb 27)
$800M liquidated (Mar 2)
$1.1B liquidated (March 5)
$120 M liquidated (March 28)
📊 Stat of the day
🤣 Meme of the day
That concludes our update for today!
We appreciate you joining us for the latest news. We aim to provide the best-in-class insights and highlights that keep you well-informed and ready.
Remember to join us on Telegram and Twitter for additional updates and giveaways. Until then, see you next time!
Disclaimer: None of the content shared in the newsletter is financial advice. Always do your own research and analysis before investing.
Do you find our emails valuable? |
Reply