📊 #PUMP Pump's new "Mayhem Mode" failed to significantly increase token launches or revenue in its first week.
In the week prior to Mayhem's launch, the platform was launching an average of 17,300 tokens per day. Since Mayhem's launch, the average number of launches has averaged 17,800 tokens per day. theblock
In the week prior to Mayhem's launch, the platform was launching an average of 17,300 tokens per day. Since Mayhem's launch, the average number of launches has averaged 17,800 tokens per day. theblock
💰 #ETH 0xbow raises $3.5M in seed round for Privacy Pools project backed by Ethereum Foundation. theblock
🙋♂️ #SKY The Sky community has voted to allocate up to $2.5 billion to projects created by Obex. theblock
🔍🐳 Whale Transactions:
1. A new wallet , likely related to Bitmine, received 21,054 #ETH ($66.57 million) from Kraken;
2. Smart trader 0xf5e7 with total profits of over $1.24 million spent 85,800 #USDC to buy 1.66 million #EDEL. Previously, he made $877k on #KTA, $345k on #AVNT, $322k on #noice, and $268k on #REI;
3. the PEPE-kit "ThisWillMakeYouLoveAgain," which has over $36 million in profits, bought 8.93 million #ASTER ($12.42 million) at an average price of $0.98 and now has over $3.67 million in unrealized profits.
1. A new wallet , likely related to Bitmine, received 21,054 #ETH ($66.57 million) from Kraken;
2. Smart trader 0xf5e7 with total profits of over $1.24 million spent 85,800 #USDC to buy 1.66 million #EDEL. Previously, he made $877k on #KTA, $345k on #AVNT, $322k on #noice, and $268k on #REI;
3. the PEPE-kit "ThisWillMakeYouLoveAgain," which has over $36 million in profits, bought 8.93 million #ASTER ($12.42 million) at an average price of $0.98 and now has over $3.67 million in unrealized profits.
🤔 #BTC Michael Saylor said he is not concerned about further BTC declines, noting that the company "can take an 80-90% drawdown and continue to operate."
👍 #HYPE Hyperliquid introduced the "HIP-3 Growth Mode" feature, which allows any user without authorization to deploy new markets with ultra-low fees to increase liquidity and incentivize new market makers. coindesk
📊⛏️ #BTC CQ: the last seven days show a net accumulation of 777 BTC by miners. The 30-day net position has returned to positive territory at +419 BTC as of November 17, indicating that vulnerable miners have completed the necessary liquidation.
This transition from distribution back to accumulation at relative price lows historically precedes stabilization phases.
This transition from distribution back to accumulation at relative price lows historically precedes stabilization phases.
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🤝 Swiss fintech company Taurus is partnering with Kaiko to provide institutions with "regulatory-ready market information to support their digital asset activities." theblock
📊 #BTC CQ: STH-SOPR ratio has fallen to an extremely low ~0.97, meaning short-term holders are selling at a clear loss. This ratio has been below the critical threshold of 1.0 for several weeks now, forming a structural "capitulation band". Each time this has occurred in past cycles, it has reflected panic selling.
This behavior is consistent with classic capitulation phases. Volatility may persist, but the clearing of weak hands is well underway - and historically, this process has marked the late stages of a correction, not the beginning of one.
This behavior is consistent with classic capitulation phases. Volatility may persist, but the clearing of weak hands is well underway - and historically, this process has marked the late stages of a correction, not the beginning of one.
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📊 #BTC Glassnode: BTC has broken below the 0.75 cost-basis quantile, a level that has historically marked bear-market territory. Across cycles, reclaiming and holding above it has been key to restoring bullish structure. Bulls will want to see this level regained.
🇺🇸🍿 #WLFI Democratic senators are urging a probe into WLFI over alleged token sales to North Korea- and Russia-linked wallets, while researchers say some claims stem from false positives. cointelegraph
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📊 Sentora: Even stablecoins are feeling the pressure in the current market, with only #USDT, #USDC, and #PYUSD posting growth over the past month among top stables.
Ethena’s #USDe stands out, with its market cap dropping by more than 35% over the same period. #stablecoin
Ethena’s #USDe stands out, with its market cap dropping by more than 35% over the same period. #stablecoin
📊 #BTC Glassnode: During last week's downturn, altcoins have shown unusual relative strength vs BTC. While uncommon, it follows a long period of alt underperformance. Most sectors are actually outperforming BTC.