๐ฐ Anchorage Digital Valued at $4.2 Billion Following Funding from Tether, Provides Liquidity for Insiders: Crowdfund Insider
๐บ๐ธ๐ Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: -7,925 $BTC (-$533.16M)
7D NetFlow: -19,090 $BTC (-$1.28B)
Ethereum ETFs:
1D NetFlow: -37,809 $ETH (-$73.84M)
7D NetFlow: -174,917 $ETH (-$341.61M)
Solana ETFs:
1D NetFlow: -21,223 $SOL (-$1.78M)
7D NetFlow: -66,177 $SOL (-$5.56M)
Bitcoin ETFs:
1D NetFlow: -7,925 $BTC (-$533.16M)
7D NetFlow: -19,090 $BTC (-$1.28B)
Ethereum ETFs:
1D NetFlow: -37,809 $ETH (-$73.84M)
7D NetFlow: -174,917 $ETH (-$341.61M)
Solana ETFs:
1D NetFlow: -21,223 $SOL (-$1.78M)
7D NetFlow: -66,177 $SOL (-$5.56M)
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๐จ๐ณ๐ฆ Bessent stated that there are rumors suggesting China is developing digital assets backed by something other than the yuan. link
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โ๏ธ 3,944.43 #BTC ($263,377,033)
Aggregated flows from miners to exchanges link
Aggregated flows from miners to exchanges link
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๐ต๏ธ 4,051.53 #BTC ($270,528,481)
aggregated inflows to Binance link
aggregated inflows to Binance link
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๐ฑ #BTC Bloomberg Analyst says Bitcoin will crash to $10,000 link
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๐ต๏ธ The price of XRP has just lost the Realized Price.
Bulls tried to defend this region, but the fact that it was lost is a strong signal that bears are in control.
What is the Realized Price?
The Realized Price represents the average cost basis of all coins in circulation, calculated from the last time each coin moved on-chain.
Why is this important?
โข When price is above the Realized Price, most holders are in profit โ confidence and holding behavior
โข When price falls below the Realized Price, the market moves into aggregate losses, increasing fear, distribution, and the risk of deeper drawdowns
Historically, losing the Realized Price marks a regime change in market structure.
Bulls tried to defend this region, but the fact that it was lost is a strong signal that bears are in control.
What is the Realized Price?
The Realized Price represents the average cost basis of all coins in circulation, calculated from the last time each coin moved on-chain.
Why is this important?
โข When price is above the Realized Price, most holders are in profit โ confidence and holding behavior
โข When price falls below the Realized Price, the market moves into aggregate losses, increasing fear, distribution, and the risk of deeper drawdowns
Historically, losing the Realized Price marks a regime change in market structure.
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โ๐ #BTC According to Bloomberg, Bitcoinโs key mining profitability metric, hash price, has fallen to a record low of about $0.03 per terahash, based on data from Luxor Technology. The next biweekly difficulty adjustment is expected to decline by more than 13%.
Although some miners are shifting data centers toward AI workloads to diversify revenue, most income still comes from mining, with rising power costs and weather-related outages further squeezing industry margins. link
Although some miners are shifting data centers toward AI workloads to diversify revenue, most income still comes from mining, with rising power costs and weather-related outages further squeezing industry margins. link
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