๐บ๐ธ๐ง 35 US House members have asked the DOJ to investigate Trumpโs memecoin dinner for potential violations of the federal bribery statute and the Constitutionโs emoluments clause. #TRUMP
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๐บ๐ธ๐ฃ Treasury Secretary Scott Bessent: We are going BIG on Digital Assets
๐ธ #BTC Over the past 24 hours, contracts worth ~$635.02 million have been liquidated, of which longs have liquidated ~$545.78 million and shorts ~$89.24 million.
๐นCrypto Trading Reports๐น
๐บ๐ธ๐ Crypto #ETF Flows Today: #BTC-ETFs: NetFlow: +8,725 BTC ($954.77M) ๐ข Blackrock inflows 7,862 BTC ($860.31M) and currently holds 651,617 BTC ($71.31B); #ETH-ETFs: NetFlow: +18,358 ETH ($47.31M) ๐ข Fidelity inflows 15,984 ETH ($41.19M) and currently holdsโฆ
๐๐ #ETH Glassnode: There is a notable cluster of investor cost basis levels around $2,800 for ETH.
๐ฎ James Wynn: #BTC will reach $118,000-121,000 next week and could rise to $110,500 today.
๐นCrypto Trading Reports๐น
๐ฎ James Wynn: #BTC will reach $118,000-121,000 next week and could rise to $110,500 today.
๐ #BNB Binance Smart Chain saw a 115% weekly surge in DEX volume, reaching $43.28B over 7 days.
๐๐ค #BTC Over the past 200 days since Trumpโs election win, ETFs and public companies have collectively withdrawn 607,000 BTC from the market.
Approx breakdown:
~200K โ ETFs
~300K โ MicroStrategy
~100K โ Other public firms
A major supply shock is brewing. Fiat is steadily being exchanged for digital gold.
Approx breakdown:
~200K โ ETFs
~300K โ MicroStrategy
~100K โ Other public firms
A major supply shock is brewing. Fiat is steadily being exchanged for digital gold.
๐๐ #BTC Despite the recent rally, profit taking by short-term holders has remained quite low.
๐๐ค #BTC cycles usually see the first post-halving year stuck in consolidation before breaking higher. While this cycle spiked early, it paused longer and high rates slowed momentum.
However, peaks tend to appear 1.5โ2 Y post-halving, putting focus on next year's BTC performance.
However, peaks tend to appear 1.5โ2 Y post-halving, putting focus on next year's BTC performance.
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