๐๐ Kaiko Report:
- Spot trading volumes remained low throughout the rally, indicating that many market participants remain on the sidelines due to ongoing macroeconomic uncertainty;
- Despite rising prices, market leverage remains relatively low, indicating a lack of retail euphoria;
- #BTC's upside intensity for upcoming expirations remains fairly balanced, indicating a neutral medium-term outlook, while strong short-term upside demand suggests that traders expect bitcoin to remain stable in the coming weeks.
- Spot trading volumes remained low throughout the rally, indicating that many market participants remain on the sidelines due to ongoing macroeconomic uncertainty;
- Despite rising prices, market leverage remains relatively low, indicating a lack of retail euphoria;
- #BTC's upside intensity for upcoming expirations remains fairly balanced, indicating a neutral medium-term outlook, while strong short-term upside demand suggests that traders expect bitcoin to remain stable in the coming weeks.
๐๐ค Solana memecoin #BOLT up 45% in the past 24 hours amid speculation of potential Nickelodeon partnership, with Nickelodeonโs VP of Current Animation part of the team.
๐ญ๐ฐ๐ฆ HSBC launches Hong Kongโs first blockchain-based settlement service with Ant International. scmp.com
๐น๐ญ๐น Thailand will allow tourists to pay with cryptocurrency and plans regulatory reform. cointelegraph #regulation
๐ฌ๐ง๐โโ๏ธ British crypto exchange Blockchain.ัom plans expansion in Africa. bloomberg
๐ต๏ธโโ๏ธ๐ฟ James Wynn continues to increase long on #BTC, now holding 5,676 BTC ($622.6 million) with a liquidation price of $108,010. A drop of just 1.53% will trigger liquidation.
๐ฅท According to Binance's latest report, France and the US have the most people being kidnapped because of crypto.
๐ณ #BTC Exodus, specializing in BTC wallets, introduced a cryptocurrency debit card in partnership with Baanx. coindesk.com
๐ข๐ค #BTC Willy Woo: Speculation is going nuts on Bitcoin at a time when there's plenty of investor profits to take (SOPR). Reminds me of "be fearful when others are greedy".
A lot comes down to how much buying happens this week when US markets open after a long weekend.
A lot comes down to how much buying happens this week when US markets open after a long weekend.
๐ฑ๐บ Luxembourg has classified cryptocurrency companies as high risk for money laundering. cointelegraph
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๐ฎ #ETH #SOL Standard Chartered believes Solana's price will reach $500 by 2029, but expects it won't beat Ethereum in the near term. theblock.co
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๐บ๐ธ๐โโ๏ธ #USDC Circle is filing for an IPO on the NYSE. coindesk.com
๐๐ค #ETH Glassnode: The largest share of Ethereum market cap - $123B - sits just 0โ20% above cost basis. That cohort swelled from $2.3K to $2.5K, meaning even a modest price drop could flip a large chunk of supply into loss.