💵💸 Circle has minted another 500 million #USDC.
Tether and Circle minted $15 billion worth of stablecoins after market crash
Tether and Circle minted $15 billion worth of stablecoins after market crash
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💰 #USDT Tether announced an investment in Parfin to accelerate the adoption of USDT by institutional users in Latin America.
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🇺🇸👀 #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.
🥳 #NMR Numerai has reached a $500 million valuation in a new funding round
📉 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.
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.
📊👀 #ETH $2.8K as a key on-chain support level, signals potential rebound - CryptoQuant
Historically, realized price levels have often marked cycle bottoms, suggesting that this range could once again provide a foundation for a short-term rebound.
Historically, realized price levels have often marked cycle bottoms, suggesting that this range could once again provide a foundation for a short-term rebound.
🐻 This die-hard bear (0x5D2F) holding 1,232 #BTC ($108.63M) is now sitting on $28.7M+ in unrealized profit.
Notably, he placed limit orders between $75,819 and $79,919 to take profit.
Notably, he placed limit orders between $75,819 and $79,919 to take profit.
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📈🤯 #BTC just printed $6B in taker sell volume in 5 hours. One of the biggest intraday spikes we’ve seen lately.
📊💸 #BTC Short-Term Holders Are Capitulating
This often marks a local bottom if the price quickly reclaims the cost basis. Failing to do so historically indicates a deeper bearish trend or confirms a bear market. cryptoquant
This often marks a local bottom if the price quickly reclaims the cost basis. Failing to do so historically indicates a deeper bearish trend or confirms a bear market. cryptoquant
💰📉 CryptoRank: Fundraising Activity Analytics
Even though sales have attracted attention lately, including Coinbase Echo’s $375M M&A deal, we can see from the current data that the number of sales in November has fallen significantly, reaching only 96 sales as of November 20.
With this in mind, we can also see that the total value raised in USD is lower than in previous months, at only $2.3B compared with around $7B previously.
Even though sales have attracted attention lately, including Coinbase Echo’s $375M M&A deal, we can see from the current data that the number of sales in November has fallen significantly, reaching only 96 sales as of November 20.
With this in mind, we can also see that the total value raised in USD is lower than in previous months, at only $2.3B compared with around $7B previously.
📉🤔 #BTC closed below the weekly MA50, and the Weekly SuperTrend turned bearish - this combo in 2018 and 2022 led to crashes of -77% to -84%.
Current observations:
- Sentiment has dropped straight into the Extreme Fear zone.
- The weekly MA50 is curving downwards – a sign that the upward momentum has "lost its pull".
- Market structure shifted to lower-highs, the exact pattern before major distribution phases.
If Bitcoin does not reclaim the weekly MA50 within the next 1–2 weeks, the risk of extending to lower zones (82k => 74k => 62k) is entirely justified. x
Current observations:
- Sentiment has dropped straight into the Extreme Fear zone.
- The weekly MA50 is curving downwards – a sign that the upward momentum has "lost its pull".
- Market structure shifted to lower-highs, the exact pattern before major distribution phases.
If Bitcoin does not reclaim the weekly MA50 within the next 1–2 weeks, the risk of extending to lower zones (82k => 74k => 62k) is entirely justified. x