📊 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.
🤔 #RWA CEO Coinbase: trading hours and closing markets are obsolete. Tokenized assets will be better for everyone with instant settlement and 24/7 availability.
🇯🇵🕹 Japan's regulator has backed a joint project by three major Japanese banks to create a yen-backed stablecoin. theblock
🔍🐳 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.
💸 #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.
😃 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.
🔮📉 #BTC Kathy Wood lowers BTC forecast to $300k, saying that stablecoins are undermining BTC's role as a savings vehicle in emerging markets. cointelegraph
📊 #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.
🤔 Bittrex's bankruptcy filings uncovered $500 million in suspicious transactions, potentially inflating customer balances, leading to bankruptcy in 2023. dlnews
📈 #RWA Sentora: On-chain RWA value rose 6.17% over the past 30 days, sustaining strong demand despite this week’s market uncertainty.
🚀 #ETH Ark Invest purchases $9 million worth of BitMine shares as Ethereum price dips 10%. link
🇰🇿🙋♂️ Kazakhstan is creating a national cryptocurrency reserve fund of $500 million to $1 billion, utilizing seized assets and investing in #ETF's and crypto companies, set to launch by early 2026. bloomberglaw
📊🤔 #BTC The 60-day average of active Bitcoin addresses has dropped to the lowest levels of the entire 2020/21 bull market.
Perhaps this simply means that Bitcoin has transitioned from currency to store-of-value asset, or is waning engagement a bearish sign for Bitcoin at this stage.
Perhaps this simply means that Bitcoin has transitioned from currency to store-of-value asset, or is waning engagement a bearish sign for Bitcoin at this stage.