ππ #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.
π» #BTC Media and experts have declared Bitcoin βdeadβ 446 times already. Each time, they were sure: βthis time for real.β
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.
π1
ππ€ #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.
π€ 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."
π€ #LINK FTSE Russell partners with Chainlink to publish stock indices on blockchain. cointelegraph
π #XRP Ripple buys cryptocurrency wallet and custodial firm Palisade to improve storage and payments for fintech companies and corporations.
Ripple's crypto investments this year reached $4 billion after this acquisition. theblock
Ripple's crypto investments this year reached $4 billion after this acquisition. theblock
π€ Stream Finance: yesterday, the external fund manager overseeing Stream's funds reported the loss of $93 million in fund assets. In response, Stream is bringing in experts to fully investigate the incident.
Meanwhile, the depeg has increased to 57%.
Meanwhile, the depeg has increased to 57%.
π Strategy Inc announced plans to issue 3.5 million shares of 10.00% Series A Perpetual Stream Preferred Stock (#STRE), a Euro-denominated credit instrument, subject to market conditions.
πΏ #FTT FTX has withdrawn its petition to create a procedure to assess regulatory concerns in several jurisdictions including China, Russia and Ukraine. theblock.co
ππ³ Whale Transactions:
1. Owen Gunden transferred another 1,289 #BTC ($138.2 million) to Kraken;
2. Machi Big Brother with the remaining $16,771 has reopened a 25x long on #ETH. Liquidation price: $3546.43;
3. 7 Siblings spent $52.47 million to buy 14,254 ETH at $3681;
4. hacker Balancer exchanges stolen funds for #ETH.
1. Owen Gunden transferred another 1,289 #BTC ($138.2 million) to Kraken;
2. Machi Big Brother with the remaining $16,771 has reopened a 25x long on #ETH. Liquidation price: $3546.43;
3. 7 Siblings spent $52.47 million to buy 14,254 ETH at $3681;
4. hacker Balancer exchanges stolen funds for #ETH.
π€ #BTC Ilon Musk: Nick Szabo is probably more responsible for the ideas behind BTC than anyone else.
π€π± #BTC The fear and greed index has dropped to 21 - extreme fear.
π CEO CQ: the Korean stock index (KOSPI) hit an all-time high, trading volume on Korean cryptocurrency exchanges hit a one-year low.
I agree that the current president is actively stimulating the Korean stock market to divert attention away from speculation in the real estate sector. Plus, he could be arrested on numerous charges, so he is trying his best to be popular.
I agree that the current president is actively stimulating the Korean stock market to divert attention away from speculation in the real estate sector. Plus, he could be arrested on numerous charges, so he is trying his best to be popular.
πΈ #BTC Over the last 24 hours, ~$1.32 billion worth of contracts have been liquidated, of which longs have liquidated ~$1.17 billion and shorts ~$142 million.
π #APR Apriori, a project backed by YZi Labs, was subjected to a suspected sybil attack: 80% of the airdrop was distributed among 5,800 linked wallets. The APR token has dropped 60% since launch. dlnews
π€ #BNB Binance founder CZ shared his experiences of buying at the top, cautioning investors about market risks and deciding to keep future purchases private to avoid influencing prices. x