π’ #BTC CQ: Estimated Leverage Ratio on the Rise
Setup suggests that the market is heading into October with elevated leverage. That could accelerate upside breakouts, but also raises the risk of sudden and painful liquidation cascades.
π¦πͺβ Abu Dhabi regulator banned the use of agricultural land for cryptocurrency mining.
πΈπͺπΉ #BTC Swedish parliament has tabled a proposal to create a strategic Bitcoin reserve.
ππ CQ: #BTC has crossed $117K, reclaiming the Traderβs Realized Price ($116K). This shift puts BTC back in the bull phase of the cycle indicator.
From here, Q4 targets expand toward $160Kβ$200K.
From here, Q4 targets expand toward $160Kβ$200K.
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π½π Trump has nominated Travis Hill as a candidate to head the FDIC.
Hill supports cryptocurrency policy and is a staunch opponent of the "de-banking" trend.
Hill supports cryptocurrency policy and is a staunch opponent of the "de-banking" trend.
π #BTC CQ: The Coinbase Premium Gap is sitting at +$80, showing stronger spot demand compared to other exchanges. Coinbase is leading this move.
ππ€ #BTC Swissblock: Our favorite setup for Bitcoin breakouts is when Structure Shift + Price Momentum align.
In bull markets, this alignment drives price to rip through resistance, step by step.
In bull markets, this alignment drives price to rip through resistance, step by step.
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ππ #BTC CQ: Current Bitcoin dynamics fit within the STH-MVRV pricing corridor - a metric reflecting the average profitability of recent buyers.
The upper boundary of this range (+1Ο) currently runs around $130K and serves as a zone where short-term holders more actively lock in profits.
The upper boundary of this range (+1Ο) currently runs around $130K and serves as a zone where short-term holders more actively lock in profits.
π€ #XPL XPL Co-Founder: want to clear the air regarding the rumors:
1. all XPL investors and teams have been frozen for 3 years, no one has sold;
2. out of our team of ~50 people, three of them worked at Blur or Blast. We also have people from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei on our team;
3- We have not engaged Wintermute as a market maker and have never contracted with Wintermute for any of their services.
1. all XPL investors and teams have been frozen for 3 years, no one has sold;
2. out of our team of ~50 people, three of them worked at Blur or Blast. We also have people from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei on our team;
3- We have not engaged Wintermute as a market maker and have never contracted with Wintermute for any of their services.
π Lighter: Lighter public network launched after 8 months of closed beta testing. The first season of the Lighter points program has ended and the second season is starting, which is planned to run until the end of 2025. There are no longer deposit limits and no referral codes are required to join Lighter.
πΊπΈ #BTC Congressman Begich is pushing a bill to allow the US to buy 1 million BTC, citing the need to diversify the US balance sheet. theblock
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π₯³π #SUPER Super Bus(#SUPER), Double Zero(#2Z) KRW Market Added (#Transaction Fee Free) feed.bithumb.com #Bithumb #Listing