โกJUST IN: ๐บ๐ธ KEY U.S DATA IS OUT
GDP (Q3 Initial Estimate)
Real: 4.3% Forecast: 3.3% Previous: 3.8%
PCE Inflation (Q3)
Real: 2.9% Forecast: 2.9% Previous: 2.6%
PCE (Q3 Initial Estimate)
Real: 3.5% Forecast: 2.7% Previous: 2.1%
GDP (Q3 Initial Estimate)
Real: 4.3% Forecast: 3.3% Previous: 3.8%
PCE Inflation (Q3)
Real: 2.9% Forecast: 2.9% Previous: 2.6%
PCE (Q3 Initial Estimate)
Real: 3.5% Forecast: 2.7% Previous: 2.1%
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๐จ ONLY 3% OF BINANCE ALTCOINS TRADE ABOVE 200-DAY SMA
Nearly 97% of altcoins on Binance are trading below their 200-day moving average, one of the most oversold readings on record, comparable to COVID-era lows.
Historically, readings near 0% have marked accumulation phases, while near 100% levels have coincided with market euphoria and Bitcoin cycle tops.
Nearly 97% of altcoins on Binance are trading below their 200-day moving average, one of the most oversold readings on record, comparable to COVID-era lows.
Historically, readings near 0% have marked accumulation phases, while near 100% levels have coincided with market euphoria and Bitcoin cycle tops.
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Russia's central bank has proposed a new regulatory framework to legalize domestic cryptocurrency transactions for retail investors.
This marks a reversal from its earlier stance advocating a ban in early 2022.
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Former FTX US president Brett Harrison has raised $35 million for his startup, Architect Financial Technologies.
The startup is developing AX - a regulated exchange for perpetual futures tied to traditional assets like equities and foreign exchange, using crypto-inspired market designs.
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Galaxy Research says that when Bitcoinโs price is adjusted for inflation using 2020 dollars, BTC actually topped at $99,848.
Nominal highs hit differently after inflation.
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Arthur Hayes sent 682 ETH (~$2M) to Binance a few minutes ago.
Notably, this follows a similar sale of ETH from last week. If patterns repeat, the proceeds from the ETH sale may likely be used to purchase DeFi tokens such as $ENA, $PENDLE and $ETHFI.
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OTHERS/BTC is bouncing off the same long-term support that marked cycle inflection points in 2016, 2019, and 2021. Levels where altseason began.
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Polymarket has confirmed a security breach impacting a limited number of user accounts.
The exploit, which saw user balances being drained despite having two-factor authentication enabled, was attributed to a vulnerability in a third-party authentication provider. Speculation points to Magic Labs, which handles email-based sign-ups for non-custodial Ethereum wallets. The issue has since been resolved.
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World Liberty Financial peaked around $0.25 in September and now trades around $0.13, ending the year deep in the red despite early hype tied to the Trump family and Donald Trump.
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