๐ #BTC CEO CQ: most BTC intra-network indicators are bearish. Without macro liquidity we are entering a bearish cycle.
๐บ๐ธ After the U.S. passed the Genius act, there is no consensus on Wall Street as to whether or not steblecoins will actually increase demand for U.S. dollars and purchases of Treasury bills.
Strategists at JPMorgan, Deutsche Bank and Goldman Sachs say it's too early to talk about a structural shift: the law prohibits interest on steblecoins, limiting incentives to leave savings accounts and money funds. bloomberg #macro
Strategists at JPMorgan, Deutsche Bank and Goldman Sachs say it's too early to talk about a structural shift: the law prohibits interest on steblecoins, limiting incentives to leave savings accounts and money funds. bloomberg #macro
๐ #BTC CQ: Strategy has been cutting back on BTC purchases through 2025. This and the creation of a $1.44 billion reserve is a signal that the company is preparing for a BTC bear market. The bear market began early last month and if it continues, BTC could trade between $70,000 and $55,000 next year. theblock
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๐ฆ Coinbase CEO: major U.S. banks are launching pilots related to stablecoins, cryptocurrency storage and digital asset trading in partnership with Coinbase. cointelegraph
๐ #BTC CryptoRank: BTC showed relative weakness compared to the S&P 500 index in November, indicating that investor interest is cooling.
โ ๏ธ๐ดโโ ๏ธ Ledger claims a popular chip used in Solana phones is vulnerable to an unstoppable attack. cointelegraph
๐ฎ๐ #BNB CZ announced a new prediction marketplace for BNB Chain - PredictFun. coindesk
๐ฎ Sports apparel and collectibles giant Fanatics launches Fanatics Markets prediction platform. coindesk
๐ #BTC CEO BlackRock said his move from associating cryptocurrency primarily with money laundering to investing billions of dollars in BTC was "a very clear public example of a significant change in his views." cointelegraph
๐ Bitmine supposedly reacquired #ETH yesterday for $150 million. theblock
๐ค๐ธ #AI Entrรฉe Capital unveiled a $300 million fund focused on AI agents, DePIN. coindesk.com
๐ฐ Fin has raised $17 million to build an app for stablecoin payments. cointelegraph
๐ต Hyperliquid Strategies Inc has transferred all of their #HYPE to Hypercore. A total of 12 million HYPE ($411 million) has been transferred from HyperEVM to Hypercore via 32 wallets, and they have already started steaming HYPE. x
๐ฐ Eric Trumpโs American Bitcoin purchased $34 million in #BTC during the November slump. link
๐ธ #BTC Over the last 24 hours, ~$314 million worth of contracts have been liquidated, of which longs have liquidated ~$107 million and shorts ~$206 million.