๐ฟ #RVV Astra Nova: In light of recent events Astra Nova will buy back the same number of affected tokens directly from the market.
๐ฏ๐ต๐ฆ #BTC Japan's Financial Services Agency (FSA) plans to allow banks to hold cryptocurrencies for investment purposes.
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โโ Ant Group and JD com have suspended their plans to issue stablecoins in Hong Kong after Chinese regulators, including the NBK and CAC, demanded a halt to the projects. ft
๐ #NFT trading volume this week increased by over 5% to $158M and the number of NFT buyers and sellers increased by ~125%.
๐๐ #BTC Coinglass: Almost 22,000 BTC have been withdrawn from CEX over the past 7 days.
๐ #HYPE Sentora: Hyperliquidโs strong growth continues with permissionless perpetuals deployments, a new feature that democratizes market creation that could drive significantly higher perp volumes.
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๐๐ค #BTC Analysts: In recent years, Bitcoin has been closely correlated with returns, while gold has not. Bitcoin is a more profitable hedging instrument.
๐๐ค #BTC Average order size for Futures Trading fell from $6k earlier this year to $2k...suggesting that its mainly retail pushing the futures market.
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๐บ๐ธ๐ฃ #BTC Vice President JD Vance says Bitcoin is secure, resistant to fraud, and a reliable digital store of value.
๐ต๏ธโโ๏ธ #BTC The UAE Royal Group is a prominent UAE-based investment conglomerate and family office closely tied to the Abu Dhabi royal family. They have bought 6,468 BTC ($707M) and plan to purchase $5B. arkm
๐๐ค #BTC Alphractal: When RVTS drops, like now, it shows the network is alive, with more organic activity and capital flowing again.
Historically, strong declines in the RVTS have preceded major bull phases, as they indicate that Bitcoin is being used, accumulated, and transferred โ not just held.
In short:
RVTS falling = Network heating up.
Network heating up = Fundamentals strengthening.
Strong fundamentals = Alpha ahead.
RVTS Ratio shows how much Bitcoin is actually moving compared to the value already stored
Historically, strong declines in the RVTS have preceded major bull phases, as they indicate that Bitcoin is being used, accumulated, and transferred โ not just held.
In short:
RVTS falling = Network heating up.
Network heating up = Fundamentals strengthening.
Strong fundamentals = Alpha ahead.
RVTS Ratio shows how much Bitcoin is actually moving compared to the value already stored
๐บ๐ธ๐ฎ๐ณ #tradewars Trump said he will keep "huge" duties on India until it stops buying Russian oil.