๐ฐโ๏ธ Hive, a #BTC mining company, has initiated the potential sale of $300 million in stock following a record quarter. link
๐ช๐บ๐โโ๏ธ #AVAX Securitize have received full EU regulatory approval and selected Avalanche to deploy a European trade settlement system.
๐๐ #BTC #USDT Glassnode: Revisiting this cycleโs USDT netflow to exchanges, we find a strong negative correlation with BTCโs mid-term performance.
During euphoric phases, USDT typically flows out at โ$100M to โ$200M/day as investors lock in profits.
At the $126K peak, net outflows reached >$220M (30D-SMA); A clear profit-taking signal now easing as flows turn positive again.
During euphoric phases, USDT typically flows out at โ$100M to โ$200M/day as investors lock in profits.
At the $126K peak, net outflows reached >$220M (30D-SMA); A clear profit-taking signal now easing as flows turn positive again.
๐บ๐ธ๐ #macro The Federal Reserveโs latest Beige Book indicates that overall economic activity remains stable, although some Districts report slight softening. Consumer spending continues to decline, employment has edged down, and reduced hiring needs in certain roles are attributed to AI, while wages have risen modestly. Prices have increased slightly, and both manufacturers and retailers are experiencing cost pressures related to tariffs. link
๐ฆ #BTC Xapo Bank is expanding its bitcoin credit fund while developing a comprehensive range of BTC wealth products. link
๐๐ #BTC The MVRV Z-Score 2-year Rolling has reached its most oversold levels ever recorded.
๐ณ #BTC CryptoQuant reports that large bitcoin holders have increased their deposits to exchanges in response to declining prices.
๐ฃ #ETH Vitalik Buterin emphasized the importance of end-to-end encrypted messaging for safeguarding digital privacy. He highlighted the need for permissionless account creation and metadata privacy, commending Session and SimpleX for their efforts and donating 128 ETH to each project to encourage further development in privacy-preserving messaging tools. link
๐ #BTC CQ: The Large Deposit % (SMA 30D) has been climbing since Nov 24 and is now approaching the prior local peak from October 28.
๐๐ #BTC The Puell Multiple has marked Bitcoin cycle bottoms since 2015 when it drops below 0.50.
Itโs now at 0.67.
Itโs now at 0.67.
๐บ๐พ๐
โโ๏ธ #USDT Tether has notified Uruguayโs labor ministry of its decision to cease local operations and lay off 30 employees, attributing the move to high energy costs and an uncompetitive tariff framework. The company initially intended to invest $500 million but only completed just over $100 million before opting to exit the country entirely. link
๐ฎ๐ #BTC Co-Founder Gemini: This is the last time you'll ever be able to buy bitcoin below $90k!
๐๐ค #BTC CQ: Market witnessed the largest drop in Open Interest of the current cycleโฆ This move does not signal the start of a bear market; rather, it reflects a major leverage washout (Long Squeeze).
๐ข #BTC Alphractal: The number of leveraged trades is the highest in Bitcoinโs history. Traders are favoring high-risk leverage over spot trading.
๐ดโโ ๏ธ #SOL Upbit reports $36M hack on Solana network, compensate users for losses. x
๐ #ETH Vitalik Buterin stated that encrypted messaging is critical to protecting digital privacy, adding that the next key steps in this area are permissionless accounts and metadata privacy.
He noted that Session and SimpleX are pushing these areas and donated 128 ETH to each project, encouraging more developers to work on improving privacy-preserving messaging tools.
He noted that Session and SimpleX are pushing these areas and donated 128 ETH to each project, encouraging more developers to work on improving privacy-preserving messaging tools.
๐ SpaceX transferred 1163 #BTC (~$105M), possibly to Coinbase Prime for storage.