💸 #BTC Over the last 24 hours, ~$654 million worth of contracts have been liquidated, of which longs have liquidated ~$576 million and shorts ~$77 million.
🇺🇸🔮 Gemini has launched prediction markets across all 50 states in the USA. cointelegraph
🤝 #TON crypto has selected OpenPayd to manage its global operations involving fiat currencies.
📊 #BTC CQ: The decline in the BTC price was not so much due to spot sales as forced liquidations in the derivatives market. The movement was mainly caused by liquidations.
In this context, the current decline should be seen not so much as a collapse in fundamental demand, but as a structural reduction in leverage. The next key question for the market is how much leverage has already been liquidated and whether the system is now in a healthier, more balanced state.
In this context, the current decline should be seen not so much as a collapse in fundamental demand, but as a structural reduction in leverage. The next key question for the market is how much leverage has already been liquidated and whether the system is now in a healthier, more balanced state.
💰 #ETH Nearly 90% of crypto lending revenue now originates from Ethereum and its Layer 2 network, according to David from the Ethereum Foundation.
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🥳 #BTC #ETH The popular Ethereum wallet MetaMask now supports Bitcoin, boasting over 100 million users.
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📊 #BTC CQ: There is a surge in BTC sales by long-term holders (LTH) - one of the largest in the last 5 years, and these usually appear closer to the highs, not the lows.
LTH stocks are down from record highs. The price of BTC is well above the realized price of LTH - they are locking in big profits, not capitulating.
LTH stocks are down from record highs. The price of BTC is well above the realized price of LTH - they are locking in big profits, not capitulating.
🕵️ BlackRock just deposited 47,463 $ETH for $140M to Coinbase Prime. link
📊 #BTC Hyperscale Data (NYSE American: GPUS) announced that as of December 14, its Bitcoin treasury totaled approximately $75.5 million, representing 97.5% of its market capitalization as of the December 15 close. The company holds about 498.46 Bitcoin through its subsidiary Sentinum and has allocated an additional $31.5 million in cash for future acquisitions. #macro link
📊 #POL CryptoRank: Polygon's transaction count has reached a two-year high. 43.25 million transactions were recorded last week. Polygon has returned to December 2023 activity levels.
One of the key drivers of this surge is Polymarket, recently setting new transaction highs almost every week.
One of the key drivers of this surge is Polymarket, recently setting new transaction highs almost every week.
🗽🏦 #BTC Senate Banking Committee confirms that the Bitcoin and crypto market structure bill will not advance in the 2025 markup. A markup is now expected in early 2026. link