📊 CQ: #BTC trades just below its short-term cost basis at $115K
Reclaiming this level would mark renewed trader confidence — a key shift toward bullish momentum.
Reclaiming this level would mark renewed trader confidence — a key shift toward bullish momentum.
🧐 Sentora Research: Key #DeFi risk metrics to consider:
— DeFi liquidations spiked >$200M amid the Oct 10 crash
— Available stablecoin liquidity increased by 2%
— LRTs saw heavy outflows
— DeFi liquidations spiked >$200M amid the Oct 10 crash
— Available stablecoin liquidity increased by 2%
— LRTs saw heavy outflows
🇺🇸🕹 The Mayor of New York City has signed an executive order creating the nation's first city-level Office of Digital Assets and Blockchain to promote cryptocurrency and blockchain development. theblock #regulation
💰 Coinbase invests in Indian crypto exchange CoinDCX, post-investment valuation of $2.45 billion. theblock.co
🕵️♂️ BTC OG after shorting BTC entered 89 mln #USDC on Binance. He may have shorted BTC again, as shortly after that the open interest in BTC on Binance jumped by $510 mln.
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📊 #BTC Santiment: the crowd is showing a moderate bullish bias. The last major swing occurred on Sunday, when a perfect buying zone opened up as retail analysts predicted BTC would fall below $100k. Markets almost always move in the opposite direction to the crowd's expectations.
📊 #SNX Santiment: between Sunday and Tuesday, the price of Synthetix surged 155%. This was followed by one of the most powerful FOMO spikes in the network's history:
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
- 2,725 active wallets in a single day;
- 975 new wallets created in a single day;
- 229 whale transfers of over $100,000 in a single day.
At the same time, the average age of SNX held during this period decreased by 24 days.
📈 #BTC #NFT NodeMonkes are on the rise again as BTC rises, volumes hit a yearly record last week. theblock.co
🤔 #BNB Binance claims it "does not profit" from token listing process, calling accusations of it "false and defamatory." theblock
👍 #BTC Head of Research K33: After the recent leverage reduction, we are moving to constructive BTC growth, although patience remains key. Liquidity is likely to remain low in the short term as traders recover from forced selling, but previous such declines have often marked market bottoms. coindesk
🔍🐳 Whale Transactions:
1. FTX/Alameda unlocked another 192,936 #SOL ($39.32 million) and deposited 88,131 #SOL ($17.64 million) on Coinbase Prime;
2. Forward Industries, which previously bought 6.82 million #SOL ($1.38 billion) at $232, posted 993,058 SOL ($192.08 million) on Coinbase Prime. Of these, 250k SOL ($50m) were transferred to Galaxy Digital.
1. FTX/Alameda unlocked another 192,936 #SOL ($39.32 million) and deposited 88,131 #SOL ($17.64 million) on Coinbase Prime;
2. Forward Industries, which previously bought 6.82 million #SOL ($1.38 billion) at $232, posted 993,058 SOL ($192.08 million) on Coinbase Prime. Of these, 250k SOL ($50m) were transferred to Galaxy Digital.
🤔 #USDC Analysts at William Blair are betting that steblecoins are entering the commercial era, and begin coverage of Circle with an "outperform" rating. They describe USDC as "a critical player in the steblecoin ecosystem poised to transform cross-border finance." theblock.co
📊 #SOL Hyblock: 76% of Solana retail traders are in the long position, which is a historic bullish signal.
Treasury firms and institutions are also accumulating SOLs below $200. cointelegraph
Treasury firms and institutions are also accumulating SOLs below $200. cointelegraph
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👍 #RWA CEO BlackRock: traditional financial assets are expected to shift towards their tokenized version over the next few decades. cointelegraph