π JPMorgan: Coinbase's Base token could be worth as much as $34 billion. theblock
π Coinbase shares are up 9% after JPMorgan upgraded its rating on Base and #USDC's potential. cointelegraph
π Coinbase shares are up 9% after JPMorgan upgraded its rating on Base and #USDC's potential. cointelegraph
π #ETH Santiment: Ethereum whales and sharks holding between 100 and 10,000 ETH are finally showing signs of confidence. After dropping 1.36 million ETH between October 5 and October 16, they have recovered almost a sixth of that amount. A positive sign for ETH.
π #BTC CQ: Open Interest just saw a -26.7% drop over 7 days β the sharpest decline since Sep '23.
Unusual to see this kind of flush with Bitcoin sitting so close to all-time highs.
Unusual to see this kind of flush with Bitcoin sitting so close to all-time highs.
ππ #BTC Glassnode notes that long-term holders have sold 62,000 BTC since mid-October, with whales continuing to accumulate.
The momentum buyers have largely left, while the downside buyers have failed to step in with enough demand to absorb this supply. As the number of new buyers remains unchanged, this imbalance puts pressure on prices until stronger spot demand returns.
The momentum buyers have largely left, while the downside buyers have failed to step in with enough demand to absorb this supply. As the number of new buyers remains unchanged, this imbalance puts pressure on prices until stronger spot demand returns.
π΅οΈββοΈ #LINK This newly created wallet withdrew 276.03 LINK ($4.95M) from Binance. Now, the whale holds 1.619M LINK ($28.99M).
Address: 0xbBF5B578A7eCCE2381D8FC9CAc42D6968712451E
π°π¬π« #BNB CZ has landed in Kyrgyzstan. The Binance boss shared exciting updates on their deep crypto collab: stablecoins on BNB Chain, CBDC for gov use, local app & education push, and a huge 1K+ meetup in Bishkek.
πΊπΈπ¨π³ #tradewars Bloomberg: The US and China held trade talks in Malaysia that a U.S. Treasury Department spokesman characterized as "very constructive."
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π¬ππ¦ #BTC Ghana central bank says it will have Bitcoin and crypto regulations in place by the end of 2025.
Ghana will become the 9th African country to adopt digital asset laws.
Ghana will become the 9th African country to adopt digital asset laws.
ππ $4.8 billion in #BTC short positions to be liquidated when price hits $116,000.