🫡 #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.
📊 #BTC CQ: addresses accumulating BTC are reaching record highs. In less than two months, the monthly average has more than doubled, rising from 130,000 to 262,000 BTC, indicating that the trend is accelerating.