๐ฏ๐ต๐ฆ #macro Bank of Japan hikes rates 25 bps to 0.75%, marking its highest level in 30 years. link
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๐โโ๏ธ๐ #EIGEN Eigen Foundation submitted a proposal aimed at introducing new incentives for its EIGEN token, changing the protocol's reward strategy to prioritize productive network activity and commission generation.
๐บ๐ธ๐ Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: -1,911 $BTC (-$168.14M)
7D NetFlow: -3,985 BTC (-$350.72M)
Ethereum ETFs:
1D NetFlow: -36,567 $ETH (-$108.35M)
7D NetFlow: -216,219 ETH (-$640.66M)
Solana ETFs:
1D NetFlow: +90,692 $SOL (+$11.43M)
7D NetFlow: +527,783 SOL (+$66.5M)
Bitcoin ETFs:
1D NetFlow: -1,911 $BTC (-$168.14M)
7D NetFlow: -3,985 BTC (-$350.72M)
Ethereum ETFs:
1D NetFlow: -36,567 $ETH (-$108.35M)
7D NetFlow: -216,219 ETH (-$640.66M)
Solana ETFs:
1D NetFlow: +90,692 $SOL (+$11.43M)
7D NetFlow: +527,783 SOL (+$66.5M)
๐บ๐ธโ๏ธ The US SEC has filed proposed final consent judgments in the Southern District of New York against Caroline Ellison, former CEO of Alameda Research, Zixiao โGaryโ Wang, former CTO of FTX, and Nishad Singh, former co-lead engineer of FTX. Subject to court approval, the three have agreed to permanent antifraud injunctions and five-year conduct-based injunctions; Ellison also agreed to a 10-year officer-and-director bar, while Wang and Singh each agreed to eight-year bars. link
๐ฎ๐ #BTC There's now an 83% chance of Bitcoin hitting $80K according to Polymarket.
๐๐โโ๏ธ #BREV Coinbase Markets announced that Brevis (BREV) has been added to its asset listing roadmap. Brevis is a zero-knowledgeโbased cross-chain data proof platform that allows dApps to access, compute, and utilize on-chain data across multiple blockchains without the need for trusted intermediaries. link
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๐๐ If #BTC hits $93K, more than $4 billion in leveraged short positions would be liquidated.
๐บ๐ธ๐ #BTC The Coinbase Premium Gap has fallen to minus $57, indicating heavy selling pressure from US traders.
๐ #ETH Santiment: Ethereum is seeing a rising level of new wallets created on its network. The โ2 market cap is seeing an average of 163K new addresses per day, compared to 124K in July.
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๐ฎ๐ธโ๏ธ #BTC In Iceland, Bitcoin mining facilities are powered by geothermal energy and hydroelectric power. These mines utilize surplus renewable electricity, serving as a flexible load that aids in balancing the national energy grid.
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๐ช๐บ๐ Euro-denominated stablecoins just crossed $1B in market cap, up 100% year to date, per Token Terminal. #stablecoin
๐ ๐#BTC #ETF Ecoinometrics: Bitcoin is building a base but that doesnโt mean bullish momentum is back.
Over the past month, daily Bitcoin ETF flows have averaged around zero. Inflows and outflows are roughly balanced, with no sustained pressure in either direction.
That helps explain why Bitcoin has stopped trending lower, but also why it hasnโt pushed higher.
Stabilization is a good sign, but itโs fragile. A durable recovery will require a clear and sustained shift toward positive flows.
Over the past month, daily Bitcoin ETF flows have averaged around zero. Inflows and outflows are roughly balanced, with no sustained pressure in either direction.
That helps explain why Bitcoin has stopped trending lower, but also why it hasnโt pushed higher.
Stabilization is a good sign, but itโs fragile. A durable recovery will require a clear and sustained shift toward positive flows.
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