📈🤔 #BTC supply at a loss reaches 30%. This level has historically preceded major rallies - CryptoQuant
🫡 #BTC Jim Cramer gave another reversal signal. After his latest post, the market began to grow rapidly.
📈 #XRP's price has bounced back, and users who bought the dip have enjoyed a nice +12% jump in the past 24 hours. Notably, XRP Ledger data indicates there were 21,595 new XRP wallets created in a 48-hour span in the past couple days, the highest level of growth in 8 months.
📊👀 #BTC enters a full compression phase, where a bottom could begin to form, but it must not close below the red line (EMA 55) around $97.5K–$99K. Holding this zone keeps the bullish structure alive.
📉🤔 Swissblock: Meanwhile, altcoins may continue drifting lower as BTC stabilizes. There are constructive signs suggesting Bitcoin can rebuild for a new bullish leg once a bottom forms, though this process will take time; there’s no V-shape recovery in sight.
If #BTC stabilizes, downside for alts should remain limited, but until constructive Bitcoin signals appear, patience is essential.
If #BTC stabilizes, downside for alts should remain limited, but until constructive Bitcoin signals appear, patience is essential.
📊 #ETH Cointelegraph: After a flash drop to $3,050 and $1.3B in long wipes, ETH faces a wall of $7B short liquidity near $4K.
🇺🇸🇨🇳 #AI CEO Nvidia says China will overtake the US in AI, citing lower energy costs and fewer regulations.
🇭🇰 #RWA Franklin Templeton launches Hong Kong's first tokenized money market fund. theblock
🔍🐳 Whales continue to accumulate #ETH - over the past 3 days they have cumulatively bought 394,682 ETH (~$1.37 billion).
🇺🇸🗽 David Sachs: there has been "great progress" in crypto market structure legislation. #regulation
📊 #XRP Santiment: the price of XRP has recovered 12% in the last 24 hours. Notably, XRP Ledger data shows that 21,595 new XRP wallets have been created in the last 48 hours, the highest growth rate in 8 months.
📈 #HOOD Robinhood's Q3 revenue grew 129% YoY, mostly driven by cryptocurrency revenue. theblock.co
💰 CMT Digital raises $136 million to back a new wave of blockchain startups. cointelegraph
💸 #BTC Over the last 24 hours, ~$310 million worth of contracts have been liquidated, of which longs have liquidated ~$123 million and shorts ~$187 million.