Santiment reports that since November 11, the number of Bitcoin wallets holding at least 100 BTC has increased by 0.47%, representing 91 additional wallets. Conversely, wallets with 0.1 BTC or less have declined. Historically, retail capitulation has been associated with favorable long-term price movements for cryptocurrencies.

In the past 24 hours, approximately $380 million in contracts have been liquidated, with longs totaling about $137 million and shorts approximately $242 million.

Bitcoin is approaching $67,000, with analyst James Wynn suggesting the target could be reached by the end of the week or over the weekend. Wynn noted that while certainty is unattainable, current support levels and buying activity make the move plausible.

Japan’s Metaplanet has drawn an additional $130 million from its $500 million credit facility, bringing the total to $230 million. The capital will be used for Bitcoin acquisitions, expanding BTC revenue-generating operations, and share repurchases.

The UAE has implemented legislation bringing DeFi platforms, Web3 protocols, stablecoin systems, decentralized exchanges, and cross-chain bridges under the jurisdiction of the central bank. cointelegraph #regulation

HEMI experienced a 41% increase today. At 4:45 PM Moscow time, substantial purchases bolstered its position as the leading asset across all centralized exchanges, prompting the price rally. Subsequently, at 7:36 PM Moscow time, HEMI ranked among the top assets in open interest growth on Bybit.

Elon Musk refuted claims regarding the shutdown of D.O.G.E.

Klarma to Launch Stablecoin on Tempo Blockchain Supported by Stripe and Paradigm

U.S. inflation metrics show easing pressures, with September’s Producer Price Index (PPI) rising 0.3% month-over-month, rebounding from a 0.1% decline. Year-over-year, PPI increased 2.7%, modestly higher than August’s 2.6%. Core PPI remained steady at 2.7% annually, down slightly from 2.8%. Retail sales increased 0.2% in September, slowing from August’s 0.6%. ADP employment data indicated a decline of 13,500 jobs, compared to a decrease of 2,500 in the prior month.

Treehouse to Launch TREE Token Buyback Program Funded by Protocol Revenues

Arthur Hayes is waiting for #MON to reach a price of $10, referring to the project as a "useless L1."

Paxos acquires New York-based cryptocurrency wallet startup Fordefi for over $100 million. More details can be found here.

Bitcoin remains below the realized price for short-term holders, according to Glassnode, while remaining well above deeper realized levels, indicating a neutral market stance. A rebound within these levels could signal the first significant sign of a structural recovery.

The Bank of Russia has lifted restrictions on qualified investors concerning investments in settlement instruments tied to cryptocurrencies through mutual investment funds.

Anchorage Digital prepares to launch rewards program for USDtb and USDe token holders. The initiative will not offer direct returns to comply with U.S. stablecoin regulations, according to a Coindesk report.

Market sentiment remains cautious despite a brief rally earlier this week. The cryptocurrency market continues to record substantial losses among short- and medium-term investors. Recent analytics show that wallets active within the past 30 days are currently in the red: Cardano (-19.2%), ChainLink (-13.0%), Ethereum (-6.3%), Bitcoin (-6.1%), and Ripple (-4.7%).

Market sentiment remains cautious despite a recent rebound this week. The cryptocurrency market continues to face significant losses among short- and medium-term holders. According to recent data, wallets active in the past 30 days show the following average profitability: Cardano (ADA) at -19.2%, indicating substantial undervaluation; ChainLink (LINK) at -13.0%, reflecting serious undervaluation; Ethereum (ETH) at -6.3%, suggesting moderate undervaluation; Bitcoin (BTC) at -6.1%, also indicating moderate undervaluation; and Ripple (XRP) at -4.7%, showing slight undervaluation.

Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647

Texas Launches Bitcoin Strategic Reserve Program with $5 Million Acquisition

Franklin Templeton has filed a Form 8-A with the SEC for the Franklin Solana ETF, a move generally made prior to the ETF's official launch.

Franklin Templeton has filed a Form 8-A with the SEC for the Franklin Solana ETF, a step usually preceding the fund’s official launch.