📊🤔 #BTC has so far held the investor tool model as support ($83,906), which is the 730-day moving average.
In every bear market, it has broken below it.
In every bear market, it has broken below it.
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🤔 #Aave Labs plans to explore sharing a portion of revenue generated outside the protocol with $AAVE token holders in response to recent community discussions. A formal proposal will outline specific structures, including governance and risk safeguards to support long-term objectives while protecting the DAO and $AAVE holders. link
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🇺🇸🙋♂️ #BTC Anti-Bitcoin SEC Commissioner Caroline Crenshaw Officially Leaves the SEC. Crenshaw voted against approving spot Bitcoin ETFs. #regulation
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📊👀 #BTC Glassnode: The deceleration in capital inflows has coincided with long-term holders increasing their loss realization.
This structure is unfolding while price trades within a compressed range. This reflects growing time-based investor fatigue, a common characteristic of extended bearish phases.
This structure is unfolding while price trades within a compressed range. This reflects growing time-based investor fatigue, a common characteristic of extended bearish phases.
📉🤔 #BTC CQ: If price action continues to consolidate and the metric stagnates around the 70% level, historical cycles suggest an increasing likelihood of a transition into a broader bear market.
📊👀 #BTC looking to reclaim the “Cooled Off” John Bollinger band which sits at $86k.
The STH cost basis has also curled over to $99k - an important zone to watch as it’s the price that drives sentiment.
The STH cost basis has also curled over to $99k - an important zone to watch as it’s the price that drives sentiment.
🧠 #ETH Tom Lee, chairman of BitMine, is proposing to increase the company's authorized shares by 1,000 times, to $50 billion.
He says that ETH reaching the $250,000 mark means that BitMine's "implied price" for BitMine shares is ~$5000, which is too expensive for most retail investors: "not everyone wants a stock price of $500, $1500 or $5000. Most people want the stock to stay at ~$25." cointelegraph
He says that ETH reaching the $250,000 mark means that BitMine's "implied price" for BitMine shares is ~$5000, which is too expensive for most retail investors: "not everyone wants a stock price of $500, $1500 or $5000. Most people want the stock to stay at ~$25." cointelegraph
🫡 #BTC At least 37 of the 100 largest companies that own BTC are now trading at a discount to their net worth. This means that nearly 40% of large companies are worth less than the BTC they own. These companies cannot issue stock to buy additional BTC because it reduces shareholder value. dlnews
🔍🐳 Whale and Institutional Transactions:
1. Bitmine has STACKED another 82,560 #ETH ($259 million). In total, Bitmine has now gated 544,064 #ETH ($1.62 billion);
2. Ethereum OG converts its #ETH into #BTC. Between 2019 and 2023, he bought 21,000 #ETH ($61.4 million) at an average price of $2922. In the last 10 hours, he has exchanged 14,146 #ETH ($44.3 million) for 492 #WBTC;
3. Whale bought 12,166 #ETH ($38.09 million) on Coinbase, FalconX and Cumberland.
1. Bitmine has STACKED another 82,560 #ETH ($259 million). In total, Bitmine has now gated 544,064 #ETH ($1.62 billion);
2. Ethereum OG converts its #ETH into #BTC. Between 2019 and 2023, he bought 21,000 #ETH ($61.4 million) at an average price of $2922. In the last 10 hours, he has exchanged 14,146 #ETH ($44.3 million) for 492 #WBTC;
3. Whale bought 12,166 #ETH ($38.09 million) on Coinbase, FalconX and Cumberland.
Forwarded from Elite Trade Signals – Crypto | Forex | Gold
“After Elon Musk’s tweet under the Dogecoin creator’s post, Dogecoin broke its descending channel. To confirm continuation of the trend, the price needs to hold and consolidate above the 0.15343 level.”
#DOGE #Crypto #SignalsToday
@Signals2day
#DOGE #Crypto #SignalsToday
@Signals2day
Forwarded from Elite Trade Signals – Crypto | Forex | Gold
“The price has tested its descending trendline four times, which weakens the trendline. If the descending trendline is broken and price stabilizes above it, we can expect long positions.”
#ADA #Crypto #SignalsToday
@Signals2day
#ADA #Crypto #SignalsToday
@Signals2day
Forwarded from Elite Trade Signals – Crypto | Forex | Gold
“The U.S. has attacked Venezuela. We expect global gold to sweep the previous candle’s liquidity and then continue its bullish trend.”
#GOLD #SignalsToday
@Signals2day
#GOLD #SignalsToday
@Signals2day
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