📊 #BTC Glassnode: Despite the recent volatility, the perpetual market remains muted. The hourly funding paid by longs (168h-SMA) has fallen to a new low of $72K/hour, an ~87% drop from the $565K/hour peak in mid-July.
📊👀 #BTC Santiment notes that the crowd now expects BTC to continue its rise
🗽👀 #FDUSD First Digital: We signed a collaboration agreement with CSLM Digital Asset Acquisition Corp III for a proposed business combination that will bring First Digital to the U.S. public markets.
This media is not supported in your browser
VIEW IN TELEGRAM
🇺🇸🗣 President Trump has announced former Coinbase advisor Kevin Hassett as a potential candidate for the position of Federal Reserve Chair. #macro
😱3
🕵️♂️ A newly created wallet received 18,345 #ETH, worth $55.25M, from BitGo. The wallet belongs to BitMine.
Address: 0xA79dd556f576494CadFabf104c165f4A9bDCe6af
🦄 #UNI Uniswap Labs integrated Revolut as a fiat onramp, letting users in 28 countries buy crypto directly in the Uniswap Web App and Wallet.
🔮📊 Chances for a Fed rate cut next week have surged to 91%, according to Polymarket. #macro
🕵️♂️ Ethena has received 46.79M $ENA worth $12.78M from Bybit. Of this, 21.79M $ENA ($5.23M) originated from a wallet that previously withdrew from Coinbase 3.5 months ago. The wallet currently holds 451.94M $ENA, worth $121.79M.
Address: 0x631ee55b8ecd7afb53ec30211a082691a4cbe3ae
❤1
📊🤔 #BTC Willy Woo: Historically Bitcoin tops have lead pull backs in global M2.
"But Fed rates are dropping"... i.e. more money printing... leading you to think global M2 will climb.
But if global investors buy USD instead of buying risk-on assets, also called "a flight to safety", then USD strengthens, and global M2 (which is priced in USD) drops.
"But Fed rates are dropping"... i.e. more money printing... leading you to think global M2 will climb.
But if global investors buy USD instead of buying risk-on assets, also called "a flight to safety", then USD strengthens, and global M2 (which is priced in USD) drops.
📊 Santiment: the most talked about news in the crypto space:
1. Vanguard authorizes trading cryptocurrency #ETFs on its platform;
2. Bank of America recommends its asset management clients through the Merrill, Bank of America Private Bank and Merrill Edge platforms to allocate 1-4% of their portfolio to digital assets;
3. Tidal Investments announced the purchase of 351,619 shares of Strategy #MSTR for $60 million;
4. Statement Atkins' "Innovation Exception" to take effect in January.
1. Vanguard authorizes trading cryptocurrency #ETFs on its platform;
2. Bank of America recommends its asset management clients through the Merrill, Bank of America Private Bank and Merrill Edge platforms to allocate 1-4% of their portfolio to digital assets;
3. Tidal Investments announced the purchase of 351,619 shares of Strategy #MSTR for $60 million;
4. Statement Atkins' "Innovation Exception" to take effect in January.
Forwarded from Crypto | Bitcoin | Ethereum | Altcoin | News
Please open Telegram to view this post
VIEW IN TELEGRAM
💸 #BTC Over the last 24 hours, ~$490 million worth of contracts have been liquidated, of which longs have liquidated ~$72 million and shorts ~$418 million.
🇵🇱🏛 Poland's President vetoes a bill aimed at imposing stricter regulations on crypto, stating that "overregulation is a surefire way to push companies abroad."