✅ #DYDX The dYdX community voted to increase the redemption amount of DYDX tokens from 25% to 75%.
🗽👀 #BTC CQ: US sessions had been a major source of selling pressure—but that’s now starting to cool off.
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💰 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 Cypherpunk’s $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 Cypherpunk’s $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.
📈🤔 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
📊👀 Swissblock: Yes, alts are red across the board, but we need to focus on what’s happening beneath the surface.
With Bitcoin testing below $100K and still lacking force, #BTC dominance stays stable, but without the “capitulation spike” where capital flees into BTC.
Instead, we’re 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 $97K–$98.5K zone.
With Bitcoin testing below $100K and still lacking force, #BTC dominance stays stable, but without the “capitulation spike” where capital flees into BTC.
Instead, we’re 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 $97K–$98.5K zone.
🤔 #BTC Bitcoin Archive: BTC closed below $100k for the first time in 188 days.
✏️ 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.
💸 #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.
📊👀 #ETH Glassnode: Since late August, as Ethereum pulled back from its new peak, 3–10 year holders have ramped up their average daily spending to >45K ETH/day (90D-SMA).
This marks the highest spending level by seasoned investors since Feb 2021.
This marks the highest spending level by seasoned investors since Feb 2021.
📊🤔 #BTC Glassnode: When downside hedging demand rises, the 25-delta skew spikes. Recent spikes have consistently aligned with short-term lows, signalling elevated fear and heavy short positioning. Useful for low-timeframe traders.
📊👀 #BTC CQ: There is no support left in the market - all key metrics have flipped into resistance.
📊👀 #BTC Analyst: Short-term sellers who offloaded their coins at 102K–106K are now aggressively bidding them back. You can clearly see the dense buy walls between 90K–95K on Binance in the screenshot.
Assuming no fresh shock from equities today, this area looks like the intraday bottom.
Assuming no fresh shock from equities today, this area looks like the intraday bottom.