๐๐ค #BTC Cointelegraph: Over $100B in long-held Bitcoin moved as ETFs saw record outflows, sparking debate over whether true OGs or short-term traders are driving the sell-off.
๐๐ #LINK Santiment: Social sentiment around Chainlink hit its most positive level in three years, even as prices declined. This kind of bullish divergence often marks local bottoms.
๐บ๐ธ๐ค๐บ๐ฟ Trump announces $100 billion trade agreement with Uzbekistan #macro
๐ Santiment: the most talked about topics in the crypto space:
1. Pump #SAPIEN and #ALCX;
2. November market: stocks and gold rose, bonds fell, and #BTC rebounded strongly, signaling renewed investor interest;
3. New NYC politics: Zohran Mamdani, the newly elected mayor of NYC, announced a #BTC tax that will require all residents to pay dues.
1. Pump #SAPIEN and #ALCX;
2. November market: stocks and gold rose, bonds fell, and #BTC rebounded strongly, signaling renewed investor interest;
3. New NYC politics: Zohran Mamdani, the newly elected mayor of NYC, announced a #BTC tax that will require all residents to pay dues.
๐ค #RWA CEO Coinbase: trading hours and closing markets are obsolete. Tokenized assets will be better for everyone with instant settlement and 24/7 availability.
๐ฏ๐ต๐น Japan's regulator has backed a joint project by three major Japanese banks to create a yen-backed stablecoin. theblock
๐๐ณ Whale Transactions:
1. The Tether wallet withdrew 961 #BTC ($97.18 million) from Bitfinex, possibly buying the drop. It now holds 87,296 BTC ($8.84 billion), making it the sixth largest BTC wallet;
2- Three new wallets withdrew 4,920 #ETH ($16.25 million) from Tornado.Cash and sold for about $3,302.
1. The Tether wallet withdrew 961 #BTC ($97.18 million) from Bitfinex, possibly buying the drop. It now holds 87,296 BTC ($8.84 billion), making it the sixth largest BTC wallet;
2- Three new wallets withdrew 4,920 #ETH ($16.25 million) from Tornado.Cash and sold for about $3,302.
๐ธ #BTC Over the past 24 hours, ~$583 million worth of contracts have been liquidated, of which longs have liquidated ~$380 million and shorts ~$202 million.
๐ Andrey Grachev: such market crashes are painful, but they make the market healthier and smarter. Weak companies die, strong ones accumulate resources and power. A rare temporary window of opportunity.
๐ฎ๐ #BTC Kathy Wood lowers BTC forecast to $300k, saying that stablecoins are undermining BTC's role as a savings vehicle in emerging markets. cointelegraph
๐ค #XRP Ripple president: company has no plans or timeline for IPO. x
๐ #BTC CQ: Bitcoin permanent holders absorb selling pressure as accumulation accelerates. The realized price of these holders has continued to climb, reaching around $78.52k, indicating that long-term-oriented capital is accumulating even at relatively higher price levels.
๐ค Bittrex's bankruptcy filings uncovered $500 million in suspicious transactions, potentially inflating customer balances, leading to bankruptcy in 2023. dlnews
๐ #RWA Sentora: On-chain RWA value rose 6.17% over the past 30 days, sustaining strong demand despite this weekโs market uncertainty.
๐ #ETH Ark Invest purchases $9 million worth of BitMine shares as Ethereum price dips 10%. link