๐โโ๏ธ Backpack announced its token allocation plan:
25% will unlock at TGE (250 million tokens), including
- 24% for Points airdrop (240 million)
- 1% for Mad Lads (10 million).
37.5% allocated to the pre-IPO phase (625 million) will unlock based on growth milestones, while
37.5% allocated post-IPO (375 million) will be placed in the company treasury and fully locked for one year after the IPO as a long-term strategic digital asset. link
25% will unlock at TGE (250 million tokens), including
- 24% for Points airdrop (240 million)
- 1% for Mad Lads (10 million).
37.5% allocated to the pre-IPO phase (625 million) will unlock based on growth milestones, while
37.5% allocated post-IPO (375 million) will be placed in the company treasury and fully locked for one year after the IPO as a long-term strategic digital asset. link
Forwarded from Elite Trade Signals โ Crypto | Forex | Gold
๐ #BTC #ETF Glassnode: Overall, the situation remains favorable in the spot market, derivatives market, ETF, and based on on-chain indicators.
Profitability is decreasing, capital inflow is negative, and demand for hedging remains high after the reassessment towards the downside.
Although some signals indicate a possible easing of selling pressure, sustained recovery likely depends on a resurgence in spot demand capable of stabilizing prices above recent lows.
Profitability is decreasing, capital inflow is negative, and demand for hedging remains high after the reassessment towards the downside.
Although some signals indicate a possible easing of selling pressure, sustained recovery likely depends on a resurgence in spot demand capable of stabilizing prices above recent lows.
๐บ๐ธ๐ Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: +3,286 $BTC (+$227.77M)
7D NetFlow: -6,069 $BTC (-$420.76M)
Ethereum ETFs:
1D NetFlow: -54,718 $ETH (-$112.28M)
7D NetFlow: -93,712 $ETH (-$192.3M)
Solana ETFs:
1D NetFlow: -142,052 $SOL (-$12.07M)
7D NetFlow: -208,067 $SOL (-$17.69M)
Bitcoin ETFs:
1D NetFlow: +3,286 $BTC (+$227.77M)
7D NetFlow: -6,069 $BTC (-$420.76M)
Ethereum ETFs:
1D NetFlow: -54,718 $ETH (-$112.28M)
7D NetFlow: -93,712 $ETH (-$192.3M)
Solana ETFs:
1D NetFlow: -142,052 $SOL (-$12.07M)
7D NetFlow: -208,067 $SOL (-$17.69M)
๐ฐ๐ท๐ฎ #BTC South Korean regulators have started an investigation into Bithumb.
โ๏ธ 5,632.56 #BTC ($394,326,451)
Aggregated flows from miners to exchanges link
Aggregated flows from miners to exchanges link
๐ต๏ธ 5,653.27 #BTC ($395,776,338)
aggregated inflows to Binance link
aggregated inflows to Binance link
๐ฑ Fed Governor Waller says crypto dips have "happened before" and big crashes are normal.
"Years ago if you said Bitcoin was $10,000, you'd say oh my god this is crazy." #macro
"Years ago if you said Bitcoin was $10,000, you'd say oh my god this is crazy." #macro
Media is too big
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๐ฃ FYI: Bitcoin was not hijacked.
Roger Ver, Coinbase, and a number of other large corporate players tried to hijack Bitcoin themselves almost a decade ago and failed.
Listen. link
Roger Ver, Coinbase, and a number of other large corporate players tried to hijack Bitcoin themselves almost a decade ago and failed.
Listen. link
๐บ๐ธ๐ต HUGE: CFTC Expands Stablecoin Rules to Let National Trust Banks Issue Dollar-Pegged Tokens Under the GENIUS Act Framework. #regulation link