π #BTC Former SEC Chairman Gary Gensler said in an interview with Bloomberg that all cryptocurrencies except BTC are high-risk and speculative assets, emphasizing that most tokens lack fundamental support.
Gensler noted that BTC is closer to a commodity from a regulatory perspective, while thousands of other tokens should be treated with caution by investors. bloomberg
Gensler noted that BTC is closer to a commodity from a regulatory perspective, while thousands of other tokens should be treated with caution by investors. bloomberg
βοΈ #ETH According to Bitwise, digital asset treasury companies purchased just 370,000 Ethereum in November, down 81% from a peak of 1.97 million in August. dlnews
π€ Taurus partners with Everstake to expand cryptocurrency steaking capabilities for banks and institutions. theblock
π€ #BTC Kevin O'Leary: Fed rate cut in December unlikely, but BTC will be fine. cointelegraph
π₯³π Airdrop event to celebrate the addition of OriginTrail (#TRAC) KRW Market feed.bithumb.com #Bithumb #Listing
π₯³π [Event] Airdrop Event to Celebrate the Addition of Origin Trail (#TRAC) KRW Market feed.bithumb.com #Bithumb #Listing
πΈ #BTC Over the last 24 hours, ~$490 million worth of contracts have been liquidated, of which longs have liquidated ~$72 million and shorts ~$418 million.
π #BTC CQ: the BTC buy-to-sell ratio on all exchanges rose to 1.17 yesterday, the highest since the start of the current cycle in January 2023. A value above 1 indicates a stronger initiative from buyers.
Taken together, the data indicates that the current bull cycle is unlikely close to completion. However, risks remain.
Taken together, the data indicates that the current bull cycle is unlikely close to completion. However, risks remain.
πΏ Michael Saylor said Strategy is engaging with index provider MSCI about a potential exclusion from its indices. MSCI is expected to make a decision on Jan. 15. reuters
π¬π§π UK passes a law officially recognizing crypto as a third kind of property. link
πΆ #BNB Binance has launched Binance Junior, a parent-controlled crypto savings account designed for kids and teens. link
π΅οΈββοΈ The trader '0xFC78' has lost his last two trades, erasing over $1.78M in profits and dipping $117K into his principal. He is now engaging in revenge trading with a 30x short on 200 #BTC ($18.75M) and a 20x short on 5,000 #ETH ($15.26M). Liquidation prices:
β’ BTC: $94,721.61
β’ ETH: $3,229.41
β’ BTC: $94,721.61
β’ ETH: $3,229.41
π΅π±π Poland's President vetoes a bill aimed at imposing stricter regulations on crypto, stating that "overregulation is a surefire way to push companies abroad."