๐ซ๐ท๐ฅณ #TON The travel ban to France for Pavel Durov has been completely lifted
๐ฅณ #ME Magic Eden: Starting today, 30% of all secondary market proceeds will go towards buybacks.
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#DYDX The dYdX community voted to increase the redemption amount of DYDX tokens from 25% to 75%.
๐ฝ๐ #BTC CQ: US sessions had been a major source of selling pressureโbut thatโs now starting to cool off.
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๐ฐ Top 5 Notable Rounds of Privacy-Oriented Projects
Privacy is back as a key narrative. Over the past month, Zcash has ripped ~1,500% off the lows, briefly tagging 7-year highs above $700.
Over the past 2 months, around $88M has flowed into clearly privacy-oriented projects, anchored by Cypherpunkโs $58.88M post-IPO raise to build a Zcash treasury company targeting ~5% of #ZEC supply.
If attention stays on privacy, we can expect larger follow-on checks into privacy projects.
Privacy is back as a key narrative. Over the past month, Zcash has ripped ~1,500% off the lows, briefly tagging 7-year highs above $700.
Over the past 2 months, around $88M has flowed into clearly privacy-oriented projects, anchored by Cypherpunkโs $58.88M post-IPO raise to build a Zcash treasury company targeting ~5% of #ZEC supply.
If attention stays on privacy, we can expect larger follow-on checks into privacy projects.
๐๐ค Stablecoins are piling into exchanges. This is one of the clearest signals that fresh capital is gearing up to deploy.
The last time inflows spiked like this, it marked the start of a major risk on move across the entire market. #stablecoin
The last time inflows spiked like this, it marked the start of a major risk on move across the entire market. #stablecoin
๐๐ Swissblock: Yes, alts are red across the board, but we need to focus on whatโs happening beneath the surface.
With Bitcoin testing below $100K and still lacking force, #BTC dominance stays stable, but without the โcapitulation spikeโ where capital flees into BTC.
Instead, weโre seeing renewed accumulation in alts, a clear sign of early rotation.
The stabilization zone can hold, acting as a buffer even if BTC retests below the $97Kโ$98.5K zone.
With Bitcoin testing below $100K and still lacking force, #BTC dominance stays stable, but without the โcapitulation spikeโ where capital flees into BTC.
Instead, weโre seeing renewed accumulation in alts, a clear sign of early rotation.
The stabilization zone can hold, acting as a buffer even if BTC retests below the $97Kโ$98.5K zone.
๐ค #BTC Bitcoin Archive: BTC closed below $100k for the first time in 188 days.
โ๏ธ Wintermute released a report noting that the correlation between BTC and the Nasdaq-100 remains high (~0.8). Despite this close correlation, BTC, does not share the strength of the stock market, moving in sync only in moments of deterioration.
Pointed out that historically such negative asymmetry is not observed near peaks, but rather near bottoms.
Pointed out that historically such negative asymmetry is not observed near peaks, but rather near bottoms.
๐ธ #BTC Over the last 24 hours, ~$1.02 billion worth of contracts have been liquidated, of which longs have liquidated ~$895 million and shorts ~$126 million.