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.
๐ #RWA Bank for International Settlements reports tokenized money market funds have grown to $9 billion, nearly x10 since 2023. Warns that as these tokenized treasuries become a key source of collateral in the crypto ecosystem, they also entail new operational and liquidity risks. cointelegraph
๐๐ณ Whale Transactions:
1. Arthur Hayes redeems previously sold tokens. He bought 873,671 #ENA ($245k) at a price of $0.281. Two weeks ago, he sold 5.02 million #ENA ($1.38 million) at a price of $0.275. Again he sells cheap and buys high;
2. 0xbFC8 contributed 4 million #USDC on Hyperliquid and opened a 10x multiple short position to 554,542 #HYPE ($20.15 million);
3. PumpFun contributed 75 million #USDC on Kraken. 69.27 million #USDC was then transferred from Kraken to Circle;
4. Someone created a new wallet, deposited 2.5 million #USDC on Hyperliquid and opened a 5x long for 15.37 million #WLFI ($2.46 million).
1. Arthur Hayes redeems previously sold tokens. He bought 873,671 #ENA ($245k) at a price of $0.281. Two weeks ago, he sold 5.02 million #ENA ($1.38 million) at a price of $0.275. Again he sells cheap and buys high;
2. 0xbFC8 contributed 4 million #USDC on Hyperliquid and opened a 10x multiple short position to 554,542 #HYPE ($20.15 million);
3. PumpFun contributed 75 million #USDC on Kraken. 69.27 million #USDC was then transferred from Kraken to Circle;
4. Someone created a new wallet, deposited 2.5 million #USDC on Hyperliquid and opened a 5x long for 15.37 million #WLFI ($2.46 million).
๐ค๐ฐ #AI Naver and Upbit will invest $7 billion in AI and blockchain after merger. theblock.co
๐ฎ Ark Invest founder Katie Wood stated that the recent liquidity shortage in #AI and cryptocurrency could reverse in the coming weeks.
๐ฅณ๐ #IRYS Iris(#IRYS) Won Market Added (#Transaction Fee Free) feed.bithumb.com #Bithumb #Listing
๐ธ #BTC Over the past 24 hours, ~$317 million worth of contracts have been liquidated, of which longs have liquidated ~$80 million and shorts ~$237 million.
๐ #ETH Yesterday, Ethereum's gas limit increased from 45 million to 60 million.
The gas limit change requires approval from more than half of validators; once support exceeds 50%, the adjustment is applied automatically without a hard fork. x
The gas limit change requires approval from more than half of validators; once support exceeds 50%, the adjustment is applied automatically without a hard fork. x