๐ CryptoRank: #BTC has historically mirrored global M2 liquidity. The current widening gap suggests two possible scenarios:
๐ Bullish case: Bitcoin may accelerate soon to catch up with liquidity growth, potentially setting new all-time highs.
๐ Bearish case: If BTC fails to catch up, it would mark a clear weakening of this correlation, possibly signaling the start of a bearish trend or, at the very least, a prolonged period of consolidation.
๐ Bullish case: Bitcoin may accelerate soon to catch up with liquidity growth, potentially setting new all-time highs.
๐ Bearish case: If BTC fails to catch up, it would mark a clear weakening of this correlation, possibly signaling the start of a bearish trend or, at the very least, a prolonged period of consolidation.
โค1
๐๐ #BTC experienced the largest leverage flush today since August 26th.
The Open Interest fell by -5.13% โ the most severe single-day wipeout in over 6 weeks.
The Open Interest fell by -5.13% โ the most severe single-day wipeout in over 6 weeks.
โค1
๐ข๐ค #BTC Glassnode: Over 95% of the circulating supply has returned to profit. This is a hallmark of euphoria phases, where widespread profitability often fuels accelerated profit-taking and rising market risk.
โค1
๐๐ฐ CryptoRank: CeFiโs VC Fundraising Surge Signals Shift Toward Revenue-Focused Projects Over Token-Based Ventures
CeFi and Blockchain Infrastructure absorbed more than 60 percent of all Q3 funding, while DeFi and Chain-related projects accounted for about 25 percent. The once-hyped categories such as GameFi, NFTs, and SocialFi collectively fell below 10 percent, replaced by a focus on revenue, compliance, and scalability.
CeFi and Blockchain Infrastructure absorbed more than 60 percent of all Q3 funding, while DeFi and Chain-related projects accounted for about 25 percent. The once-hyped categories such as GameFi, NFTs, and SocialFi collectively fell below 10 percent, replaced by a focus on revenue, compliance, and scalability.
โค1
๐๐ธ #ARB Since the start of DRIP, total borrowed value on Arbitrum increased by $344.56M. By the end of this epoch, $1.42M in ARB rewards will be distributed, showing how quickly activity is scaling relative to incentives.
๐บ๐ธ SEC plans to formalize an "innovation exception" for cryptocurrency companies by the end of this year. coindesk
โค1
๐บ๐ธ๐ฟ #TRUMP Fight Fight Fight LLC, the issuer of the TRUMP token, plans to raise at least $200 million to create a digital asset treasury (DAT) to accumulate TRUMP. bloomberg
๐ฌ๐ง๐น The Bank of England plans to grant exemptions to restrictions on companies holding stablecoins. #regulation bloomberg
๐ถ #DOGE CleanCore Solutions has added over 710 million Dogecoin to its treasury. cointelegraph.com
๐ค According to economist Timothy Peterson, there is a 50% chance that the value of #BTC will exceed $140,000 this month, according to modeling using data from the last decade. cointelegraph
๐ฐ This unlucky trader sold all 22.1 million #ๅธๅฎไบบ็ for just $23k - an hour before the massive price hike. 22.1 million ๅธๅฎไบบ็ are now worth >$10 million. x
๐ณ3
๐ฐ #BNB YZi Labs unveiled $1 billion Builder Fund to support creators in the BNB ecosystem.
๐ฉ #ETH Bit Digital reported that they own 122,187 ETH (~$500 million), of which ~81.1% is zastaikan.
๐ #BNB BSC is again leading the market with DEX trading volume exceeding $6.05 billion and commissions totaling $5.57 million in the last 24 hours.