๐โโ๐ Cloudflare unveiled Netdollar, an inter-network transaction-oriented stablecoin.
๐๐ Glassnode Report: #BTC is showing signs of depletion. Long-term holders saw gains of 3.4 million BTC, while inflows into ETFs slowed. With stressed spot and futures markets, the $111k basis value of short-term holders is a key level to hold BTC, otherwise the risk of an even bigger fall is higher.
๐ต๏ธโโ๏ธ #ETH Jeffrey Wilke, co-founder of Ethereum, transferred another 1,500 ETH ($5.99 million) to Kraken.
๐ค #MYRO Myro cheered MYRO up a bit by posting a tweet announcing the launch of a "monthly six to seven figure token buyback" but immediately deleted it.
๐ณ #XPL Whale spent $571.8K on XPL public sale, buying 11.44M XPL at $0.05. Profit now exceeds $11M, a massive 19x return! plasmascan.to
๐๐ #BTC Notable bids at $109,188 | $109,088 | $108,088 with ~325โ328 BTC each.
Such clusters often act as strong support zones โ but if they get pulled, price could slide fast.
Such clusters often act as strong support zones โ but if they get pulled, price could slide fast.
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๐ฐ๐ผ #BTC River: 63.6% of businesses treat Bitcoin as permanent portfolio allocation with no sell plans.
Rebalancing strategies account for only 24.7%, and static holdings just 6.5%, signalling deep institutional conviction.
Rebalancing strategies account for only 24.7%, and static holdings just 6.5%, signalling deep institutional conviction.
๐ต #USDC Circle minted $750M USDC. Circle has minted $1B USDC on Solana in the last 24 hours.
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๐บ๐ธ๐ค SEC Chair Atkins vows to address crypto conflicts of interest, emphasizing enforcement of laws as necessary. theblock
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๐๐ #BTC CQ: The past 48 hours have been scorching. As noted, Short-Term Holders are capitulating. Over 60,000 BTC have been sent to exchanges at a loss in that window.
Thatโs a clear sign of heavy stress across the market.
Thatโs a clear sign of heavy stress across the market.
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๐๐ค CME Bitcoin Futures Open Interest vs. #BTC Price
Once again, weโre seeing a โdeath mouthโ divergence between open interest (blue) and Bitcoinโs price (orange). Historically, such gaps donโt last long โ either price catches down, or OI recovers sharply.
Once again, weโre seeing a โdeath mouthโ divergence between open interest (blue) and Bitcoinโs price (orange). Historically, such gaps donโt last long โ either price catches down, or OI recovers sharply.
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๐ฃ #BTC Raoul Pal: The 4-year cycle is now the 5-year cycle.. Bitcoin should peak in 2026. Probably Q2.
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๐ In the last 24 hours, the crypto market capitalization has decreased by $170,000,000,000,000,000,000. x
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