๐บ๐ธ๐ #macro US (Oct):
- S&P Manufacturing PMI: 52.5 (pre: 52);
- ISM Manufacturing PMI: 48.7 (pre: 49.1)
- S&P Manufacturing PMI: 52.5 (pre: 52);
- ISM Manufacturing PMI: 48.7 (pre: 49.1)
๐คฌ๐ธ CoinGlass: Almost $600 million liquidated in the last hour and $1.1 billion liquidated in the last 24 hours
๐๐ #BTC CQ: Stablecoin inflow on Binance reached $7.3 billion.
The last time inflows reached a similar level was in December 2024, shortly before BTC broke its all-time high of $67k and rose to $108k.
The last time inflows reached a similar level was in December 2024, shortly before BTC broke its all-time high of $67k and rose to $108k.
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๐๐ #BTC Glassnode Report: Overall, the market remains fragile as stabilized technical momentum contrasts with weakening capital inflows and declining profitability. #ETF outflows and slowing institutional demand point to a lack of sustained liquidity support, while profit and loss momentum continues to weaken.
Accumulation on the blockchain is persistent but not sustainable, indicating capital rotation rather than new demand. In the absence of stronger inflows or renewed liquidity, the market risks moving into a longer consolidation or even a prolonged bear phase as participant confidence is slow to recover.
Accumulation on the blockchain is persistent but not sustainable, indicating capital rotation rather than new demand. In the absence of stronger inflows or renewed liquidity, the market risks moving into a longer consolidation or even a prolonged bear phase as participant confidence is slow to recover.
๐๐ #DYDX plan to roll out an update on Nov. 6 that will add commission discounts for each market, dynamic commission calculations and more.
๐ฐ Aggregator DEX Liquid has raised $7.6 million in seed funding from Paradigm, General Catalyst and others. theblock
๐๐ค #BTC Alphractal: The crypto market is experiencing its lowest and most negative sentiment since April.
This metric has proven to be extremely accurate โ when it turns orange or red, it identifies local price bottoms in over 90% of cases.
This metric has proven to be extremely accurate โ when it turns orange or red, it identifies local price bottoms in over 90% of cases.
๐๐ #BTC The recent Bitcoin selling has been mostly led by US institutions. Last month it was Asia, and now the US has been dumping constantly.
๐ป #BTC Media and experts have declared Bitcoin โdeadโ 446 times already. Each time, they were sure: โthis time for real.โ
If you invested $100 each time, you would have almost $116 million today.
If you invested $100 each time, you would have almost $116 million today.
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๐๐ค #BTC CQ: Instead of looking at Bitcoin long-term holder distribution/spending, I like to look at the other side of the trade.
Is there enough demand to absorb the supply at higher prices? Since a few weeks ago the answer is no, and that is why we see prices declining.
On a longer term timespan, demand is growing, but at a slower pace and below trend.
Is there enough demand to absorb the supply at higher prices? Since a few weeks ago the answer is no, and that is why we see prices declining.
On a longer term timespan, demand is growing, but at a slower pace and below trend.
๐ค Wintermute founder Eugene Gaevoy denied rumors that the firm plans to sue Binance, saying they never intended to and see no reason to do so. He also denied claims of signing non-disclosure agreements or coordinating lawsuits with other market makers, calling them "completely baseless."