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๐ #JUP Jupiter DAO approved a proposal that would burn about 130 million JUP held in the Litterbox Trust (about 4% of total circulation).
๐ฐ James Wynn today opened a #BTC short at ~$107k and is not taking profits yet.
๐๐ #INJ Injective plan to roll out an Altria update on Nov. 11 that will activate full public access to EVM mining, add dynamic commissions, and bring performance improvements and more.
๐ Total trading volume of open-ended DEX futures reached a record $1.2 trillion in October, nearly double the previous month. Leading the growth were Lighter, Aster, EdgeX, Pacifica and ApeX, all of which posted record monthly volumes.
Hyperliquid stood out among the major DEXs with a share about 16% below its peak two months earlier.
Hyperliquid stood out among the major DEXs with a share about 16% below its peak two months earlier.
๐ดโโ ๏ธ #WELL Moonwell was hacked today for >$3.7M. The hacker exploited a vulnerability in the oracle wrsETH/ETH Chainlink.
๐บ๐ธ๐ #ETH CQ: The Coinbase Premium Index for ETH just plunged to -0.057, its lowest since April. This means US investors are selling, with Coinbase prices now below Binance โ a clear bearish signal.
The shift marks a profit-taking phase after months of strong US demand from May to September.
The shift marks a profit-taking phase after months of strong US demand from May to September.
๐๐ #BTC Santiment: Bitcoinโs 12% drop versus the S&P 500โs 1.6% dip may signal an oversold setup and potential relief rally ahead.
๐๐ค #BTC CQ: When price attempts to recover and reaches the STH realized price, we see immediate profit-taking or break-even exits. These reactions create overhead resistance and make it harder for price to break higher.
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๐๐ #BTC Checkmate: 63% of capital invested has a cost basis above $95k.
$95k is what I believe is the bulls last stand, because as price falls below that level, unrealised losses will swell significantly.
Losses are -$20B today, and this is around 3% of the market cap in relative scale.
$95k is what I believe is the bulls last stand, because as price falls below that level, unrealised losses will swell significantly.
Losses are -$20B today, and this is around 3% of the market cap in relative scale.
๐บ๐ธ๐ Yesterday, the U.S. stock market capitalization fell by $730 billion.
๐บ๐ธ White House says President Trump has "officially ended the Biden administration's war on the cryptocurrency industry."
#BNB Also notes that "CZ's pardon has been treated with the utmost seriousness." cointelegraph.com
#BNB Also notes that "CZ's pardon has been treated with the utmost seriousness." cointelegraph.com
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๐จ #BTC CQ: BTC could fall to $72,000 by the end of the year if the $100,000 level doesn't hold. theblock.co
โ๏ธ Arthur Hayes posted a new article predicting market volatility, especially until the U.S. government shutdown ends. Noted that since the four-year #BTC cycle is near, many will take this period of market weakness as a top and sell the portfolio.