๐ CryptoRank: since September, the number of weekly Polymarket transactions has increased from about 1 million to 6.1 million.
๐ค #COIN Deutsche Bank has initiated a Buy recommendation on shares of Coinbase with a 40% upside potential to $340. theblock
๐บ๐ธ Jito Foundation, which promotes the Jito platform, has announced its return to the US. cointelegraph
๐ฐ Yesterday Ark Invest bought $10.56M worth of BitMine shares, $5.9M worth of Coinbase shares and $8.85M worth of Bullish shares. theblock
๐ #XRP Digital Wealth Partners introduces XRP algorithmic trading for qualified retirement accounts. coindesk
๐จ BitcoinForCorporations: cryptocurrency companies could be forced to sell up to $15 billion worth of cryptocurrency if the Morgan Stanley Capital International Index (MSCI) excludes them from its indices. cointelegraph
๐๐ค #BTC Glassnode: >90% of the apparent โshark accumulationโ is likely driven by internal reshuffling by large custodial entities, rather than net buying by new 100โ1K BTC holders.
๐คฎ1
๐ CQ: Buyer liquidity is drying up and the remaining liquidity is only circulating within the market, not expanding. Historically, this imbalance has only been corrected by lowering prices. That is exactly what happened above the $100,000 level, and now the same pattern is repeating itself.
If new liquidity does not enter the market, we may see an extended period of consolidation or short-term bounces. However, such movements will ultimately be meaningless bounces, which will likely be followed by further declines.
If new liquidity does not enter the market, we may see an extended period of consolidation or short-term bounces. However, such movements will ultimately be meaningless bounces, which will likely be followed by further declines.
๐โโ๏ธ #TON Kraken launches xStocks on TON through the Telegram wallet.
๐ณ A whale has purchased 3,650 $ETH for $10.35M from HyperLiquid and Lighter. The whale also opened a $ETH short position with 20x leverage on both platforms. link link
๐น๐ผ๐ #BTC The Ministry of Justice of Taiwan has revealed that the country now holds 210.45 Bitcoin in seized assets.
๐ฌ๐ง๐ฆ Bank of England cuts interest rates to 3.75%, marking the lowest level since early 2023. #macro
๐ฐ #SOL DePIN project powered by Solana Fuse Energy announced the completion of a second round of funding of $70 million at a $5 billion valuation.
๐ต๏ธ Wallet (0x03b5) has recently swapped $ETH for $BCH after being dormant for 9 years.
Over the past 2 weeks, the wallet (0x3508) has exchanged 4,619 $ETH ($13.42M) for 24,950 $BCH.
Over the past 2 weeks, the wallet (0x3508) has exchanged 4,619 $ETH ($13.42M) for 24,950 $BCH.
โก๏ธ๐บ๐ธ #macroUSA:
- Consumer inflation (CPI; Nov):
- m/m: 0.3% (prog: 0.3%; pre: 0.3%)
- y/y: 2.7% (prog: 3.1%; pre: 3.0%);
- Core (CPI) (y/y): 2.6% (prog: 3.0%; pre: 3.0%);
- Initial Jobless Claims: 230k (Prev: 230k)
- Consumer inflation (CPI; Nov):
- m/m: 0.3% (prog: 0.3%; pre: 0.3%)
- y/y: 2.7% (prog: 3.1%; pre: 3.0%);
- Core (CPI) (y/y): 2.6% (prog: 3.0%; pre: 3.0%);
- Initial Jobless Claims: 230k (Prev: 230k)