๐ฎ Arthur Hayes stated that large-scale money issuance has not yet begun and the current bull market may last until next year.
๐โโ #USDC Circle: About 90% of USDC's reserves are managed by BlackRock.
๐ต๏ธโโ๏ธ๐ณ Whale "0xebb2" went long on #BTC, #DOGE, #PEPE, and #FARTCOIN with max leverage. He also set limit orders to take profits:
- 1,250 BTC ($145M): take profit at $117K - $127K;
- 75M DOGE ($22.4M): take profit at $0.35 - $0.7;
- 1.5B kPEPE ($18.5M): take profit at $0.015 - $0.03;
- 20M FARTCOIN ($18.5M): take profit at $1.2 - $1.6.
๐๐ธ When #BTC reaches $120K, over $2.4B in short positions could be liquidated.
๐๐ค #BTC is tracking gold with a 100-day lag. If pattern holds, higher prices are next.
๐ข #BTC's Taker Buy/Sell Ratio just hit 18.8 โ indicating aggressive market buys are dominating.
๐ค The founder of DefiLlama stated that Figure's team tried to prevent him from doing due diligence on the company and is pressuring him by spreading slander. Figure claim their RWA onchain volume has reached $12 billion, but when investigating DefiLlama found oddities:
- Figure holds only $5 million worth of BTC and $4 million worth of ETH (of which 24-hour Bitcoin trading volume is only $2,000);
- Figure holds $20 million in collateral for its YLDS stablecoin;
- Figure's lending process is mostly done using fiat currency, and onchain payments are virtually non-existent.
- Figure holds only $5 million worth of BTC and $4 million worth of ETH (of which 24-hour Bitcoin trading volume is only $2,000);
- Figure holds $20 million in collateral for its YLDS stablecoin;
- Figure's lending process is mostly done using fiat currency, and onchain payments are virtually non-existent.
๐ #SOL 17 public companies own 11.739 million SOL worth $2.84 billion, representing 2.04% of total SOL supply.
๐ #BTC Ecoinometrics: Funds and public companies now hold 12.3% of all Bitcoin. Over the past year, institutional money added 5% to their combined holdings, one of the key reasons Bitcoin is up 80% in 12 months.
Public companies are especially interesting here. Theyโve been consistent buyers regardless of market sentiment, providing support even when other institutions paused.
Public companies are especially interesting here. Theyโve been consistent buyers regardless of market sentiment, providing support even when other institutions paused.
๐ ๐ #BTC wallets holding between 100 and 1,000 BTC continue growing and reaching new highs.
๐ค The altseason index has reached 80.
Is altseason with us in this room?
๐ฅ Already yes ๐ Not yet ๐ฟ Won't be.
Is altseason with us in this room?
๐ฅ Already yes ๐ Not yet ๐ฟ Won't be.
โ๏ธ #ETH Ethereum Foundation have released a roadmap outlining the current progress in creating comprehensive end-to-end privacy on the blockchain.
The roadmap focuses on three main areas: private records, private reads, and private evidence, with the goal of making private actions on the Ethereum network ubiquitous, cheap, and compliant.
The roadmap focuses on three main areas: private records, private reads, and private evidence, with the goal of making private actions on the Ethereum network ubiquitous, cheap, and compliant.
๐ดโโ ๏ธ Exploits:
- Yala: Recently, our protocol suffered an attack attempt that briefly affected the #YU binding. Thanks to a quick collaboration with SlowMist and our security partners, we identified the issue and are already implementing improvements to harden the system. All user resources remain secure;
- BlockSec: Due to the "transferFrom" vulnerability, approximately $90k worth of damage has occurred on the Base network (it is recommended to immediately revoke all permissions for unknown contract: 0xD9f4a3238154ff6439e37F98c9B11489353715Bb).
- Yala: Recently, our protocol suffered an attack attempt that briefly affected the #YU binding. Thanks to a quick collaboration with SlowMist and our security partners, we identified the issue and are already implementing improvements to harden the system. All user resources remain secure;
- BlockSec: Due to the "transferFrom" vulnerability, approximately $90k worth of damage has occurred on the Base network (it is recommended to immediately revoke all permissions for unknown contract: 0xD9f4a3238154ff6439e37F98c9B11489353715Bb).
๐๐ #BTC CQ: Bitcoin-Nasdaq correlation just dropped negative, to its lowest level since September 2024. BTC is clearly lagging behind tech.