📈👀 #Aave Horizon is quietly becoming one of the most important markets in all of #DeFi.

Horizon is Aave's lending venue built for #RWA, and the growth is explosive. In ten weeks, the market size went from almost nothing to over half a billion dollars.

📊 Sentora: Despite ongoing stress in lending markets following this week’s events, overall exposure remains limited to a few protocols and a limited group of curators.

Contagion is likely to remain largely isolated to a set of "synthetic dollar" style stablecoins.

📉🤔 #BTC supply on exchanges has fallen to a new low.

📈 #BTC apparent demand hits a 3-month high. x

🇺🇸 #LINK #ETF Bitwise Chainlink ETF added on the DTCC website. This is part of the process of preparing for the launch of new ETFs and does not indicate that the product has received regulatory approval.

🤔 The WSJ's Nick Timiraos reports on the growing disagreement within the Fed over a December rate cut. Some officials cite the effects of tight inflation and tariffs as arguments in favor of a pause, while doves point to weak jobs and slowing demand. The government shutdown, which disrupted key data, has further exacerbated the divide.
That said, markets are still favoring its decline. #macro

👍 #S Sonic Labs CEO announced the next phase of Sonic, emphasizing a shift to fundamental growth focused on real product adoption and long-term sustainability. Plans include ecosystem growth, US expansion, updated monetization by commission, etc.

📊 #UNI Santiment: four-year high in daily whale transactions marked the peak of UNI's value. The highest number of new UNI wallets created in 3 years demonstrates that retailers' FOMO levels are currently high.
However, we should not be surprised to see a new wave of rally once the euphoria subsides given the positive fundamental news and improved project management.

🔍🐳 Whale Transactions:

1. New wallet 0x392a withdrew 10,050 #ETH ($34.38 million) from Kraken;
2. New wallet 0xa235, possibly owned by Bitmine, bought 24,007 #ETH ($82.13 million) via Galaxy Digital OTC;
3. Whale 66kETHBorrow bought 163,680 #ETH ($582 million) in the last two days alone;
4. Newly created wallet bc1qt4 withdrew 1,130 #BTC ($116.6 million) from FalconX;
5. Whale continues to buy up #ASTER . Since November 4, he has bought 8.41 million #ASTER ($8.14 million) at an average price of $0.97 and now has an unrealized profit of $1.1 million.

⛏️ #BTC CEO Marathon Digital: BTC mining profits are shrinking amid rising energy costs and increased competition. Only miners with inexpensive access to electricity or those who switched to #AI and high performance computing are likely to survive.
After halving in 2028, when the reward per block drops to ~1.5 BTC, it may be difficult for most miners to remain profitable without higher fees or prices. coindesk #mining

🎩 #SOL Upexi reported total revenue of $9.2 million for the most recent quarter, up from $4.4 million in the same quarter last year. theblock

👍 JPMorgan have launched their JPM Coin token, initially available to institutional clients. The token represents U.S. dollar deposits held at the bank and provides 24/7 real-time transfers via Base. bloomberg

📊 #BTC #ETH #ETF Yesterday, total net inflows of spot BTC-ETFs totaled ~$524 million.

Total net outflows of spot ETH-ETFs amounted to $107.1 mln.

📊 #BTC Santiment: there's been a clear breakdown in the correlation between cryptocurrencies and stocks over the past 3 months. Here are the returns of the major sectors since August 11:
- Gold: +21%
- S&P 500: +7%
- BTC: -15%.
Judging by 4 years of close correlation, one could argue that BTC is undervalued.

💸 #BTC Over the last 24 hours, ~$416 million worth of contracts have been liquidated, of which longs have liquidated ~$336 million and shorts ~$79 million.

👍 Visa is launching a pilot service that allows payments in US dollar-denominated stablecoins to cryptocurrency wallets from fiat currency-funded business accounts. theblock.co

🗽🤔 #ETH Former BlackRock executive and Sharplink co-CEO: Ethereum is the infrastructure on which Wall Street will eventually be built. coindesk

😱🤑 Fear&Greed Index for #BTC and #ETH

🤔 #SOL CEO Phantom Wallet stated that the company has no plans to launch its own blockchain or IPO, instead focusing on the Solana ecosystem and user-centric products

🔮📈 This past Sunday was Kalshi’s highest-volume day ever, with $319 million in notional traded.

That makes it the second-largest single day in prediction market history.

🇺🇸🎉 #BTC A new monument honoring Satoshi Nakamoto has been unveiled in Miami.