Crypto Pro Updates
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πŸš€ CryptoProUpdates – Stay ahead in crypto!
πŸ“’ Get the latest news, signals & market insights.
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πŸ“Š #BTC CEO CQ: Traders and short-term holders are selling. Mainers and long term holders are not selling.
πŸ™…β€β™‚ #GAIB Binance Futures Will Postpone the Launch of GAIBUSDT Perpetual Contract. binance
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πŸ“ #BTC Quarkslab conducted the first public independent security assessment of Bitcoin Core. The audit was funded by Brink and coordinated by the Open Source Technology Improvement Fund (OSTIF).
The audit found no high or medium severity vulnerabilities, only two low-risk issues and 13 recommendations for improvement.
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πŸ“ŠπŸ³ #ETH CQ: ETH is at the level of the average whale accumulation value. But the price could still fall well below that level. This also doesn't mean a quick rebound.

It is believed that if the price is below the realized price, it means that this coin is cheap compared to the market average. And now the price of ETH has reached the level that this metric shows. In such a case, an investor can buy gradually and always remember: this is a long-term plan, not a short-term deal.

However, if you are convinced that a bear market has started, you should not buy.
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πŸ“Š #BTC CQ: If the Fed doesn't cut rates in December, BTC will likely trade in the $60,000 to $80,000 range by the end of the year. Growth is limited until policy clarity is restored. The key factor is whether the large steablecoin reserve will stay on the sidelines or start moving once macroeconomic risk diminishes after the meeting.
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πŸ’ΌπŸ“ˆ Institutional investors now hold 40% of #BTC-#ETF's

And this is still a conservative estimate, because only companies with over $100 million in assets under management have to report these holdings at all.

On top of that, by the way, there are the treasury companies that buy massive amounts of spot. x
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πŸ’΅πŸ’Έ Circle has minted another 500 million #USDC.
Tether and Circle minted $15 billion worth of stablecoins after market crash
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πŸ’° #USDT Tether announced an investment in Parfin to accelerate the adoption of USDT by institutional users in Latin America.
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πŸ‡ΊπŸ‡ΈπŸ‘€ #macro USA (Sep):
- Nonfarm Payrolls: 119k (pre: 22k);
- Unemployment: 4.4% (pre: 4.3%)
πŸ™…β€β™‚ FG Nexus (#FGNX) sold 10922 #ETH
πŸ₯³ #WLD World App launches pilot of virtual bank accounts for salary deposits in #USDC. coindesk
🍿 #SOL Solana intriguing
πŸ€πŸ‘€ #PLUME Plume: Securitize runs on Plume.
πŸ₯³ #MORPHO Coinbase launches #ETH collateralized lending service via Morpho.
πŸ‡ΊπŸ‡ΈπŸ‘€ #BTC Congressman Warren Davidson has introduced a bill authorizing the payment of federal taxes in BTC and directing the revenue to the BTC Strategic Reserve.
πŸ₯³ #NMR Numerai has reached a $500 million valuation in a new funding round
πŸ˜¨πŸ’Έ CoinGlass: >$249 million liquidated in the last hour
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πŸ†• #BOBBOB listed on Coinbase spot
πŸ•΅οΈβ€β™‚οΈπŸ’Έ Machi Big Brother got liquidated again. Since the Oct 11 market crash, he has already been liquidated 145 times.
πŸ‡ΊπŸ‡ΈπŸ‘€ Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +1,840 BTC ($166.3M) 🟒
Grayscale inflows 1,505 BTC ($136.02M) and currently holds 46,978 BTC ($4.25B);
#ETH-ETFs:
NetFlow: +12,986 ETH ($38.57M) 🟒
Grayscale inflows 20,011 ETH ($59.43M) and currently holds 699,753 ETH ($2.08B).
πŸ“‰ Santiment: #BTC's new 6-month low of $86.7K is expected to bring major crowd reactions as the day progresses. Social volume still shows a mixed bag of dip buy optimism and doom & gloom, with very little "in between".

Ideally, we begin seeing many retail predictions of sub-$70K prices, which would indicate a bottom is finally here. Prices move opposite to how the crowd typically predicts markets.