ππ€ CQ: #BTC VDD Signals Easing Long-Term Holder Pressure
If this selling pressure keeps easing, it will certainly provide relief to the market and may allow for a renewed move higher, provided demand steps in.
If this selling pressure keeps easing, it will certainly provide relief to the market and may allow for a renewed move higher, provided demand steps in.
ππ #BTC β The EMA ribbons have been acting as a good buy zone for BTC since price broke out above it and flipped it as support.
So far, price has tested the EMA ribbons 4 times, and each time it has bounced back from the support.
The EMA ribbons are currently around $93,900. If the price takes a deeper pullback, this area might act as a strong support zone.
So far, price has tested the EMA ribbons 4 times, and each time it has bounced back from the support.
The EMA ribbons are currently around $93,900. If the price takes a deeper pullback, this area might act as a strong support zone.
π³ #BTC CQ: Over the past thirty days, whale stocks have fallen by over 100,000 BTC
πΊπΈπ #macro FedWatch: Traders now believe the probability of a Fed rate cut in September has risen to 99%.
π° Wildcat Labs raises $3.5M in seed round to develop its real estate secured lending protocol. theblock
π°πΏπββ The Astana Financial Services Authority (AFSA) announced the launch of an initiative that will allow participants in the Astana International Financial Center (AIFC), as well as applicants seeking authorization or registration with the AIFC, to pay regulatory fees in $-linked stablecoins.
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πΈ James Wynn's long 25x leveraged #ETH position has been fully liquidated.
πΌπ #BTC Funds and Public Companies Control 11% of Bitcoin
The share of BTC held by funds and public companies is rising quickly. As more firms add Bitcoin to their treasuries, this trend continues to accelerate.
The share of BTC held by funds and public companies is rising quickly. As more firms add Bitcoin to their treasuries, this trend continues to accelerate.
ππ€ #BTC Glassnode: Bitcoin's Futures funding rates are cooling, now around $366k/hour - near the neutral threshold of $300k/hour for this cycle. A break below this level would signal fading demand and deepen the off-chain divergence from prior bullish phases.