๐งฎ Bitcoinโs price follows Metcalfeโs Law: value grows with the square of active users
Right now: ~50M addresses. If that number hits 200M, BTC could be worth $1.7M per coin! ๐
This lines up with bold forecasts from crypto analysts โ and even Michael Saylor dreaming of $13M per BTC ๐ค๐
Right now: ~50M addresses. If that number hits 200M, BTC could be worth $1.7M per coin! ๐
This lines up with bold forecasts from crypto analysts โ and even Michael Saylor dreaming of $13M per BTC ๐ค๐
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๐ค According to Eric Balchunas, chances of new crypto ETFs launching are now at 100%!
Forms 19b-4 no longer matter โ the only thing left is approval of the S-1 registrations by Corp Finance. ๐
The spotlight is on the Solana ETF, which just filed its 4th amendment โ meaning launch could drop any day now! ๐
Forms 19b-4 no longer matter โ the only thing left is approval of the S-1 registrations by Corp Finance. ๐
The spotlight is on the Solana ETF, which just filed its 4th amendment โ meaning launch could drop any day now! ๐
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๐ CZ recalled Bitcoinโs rally back in fall 2017
On October 4, 2017, BTC started its surge from $4,000 to $17,700 in just two months. CZ shared the chart on X, noting it was his first crypto cycle.
Founder of Binance added:
โ hinting that while history may rhyme, it doesnโt always repeat.
Is this dรฉjร vu for the market, or just a reminder to stay calm? ๐ค
On October 4, 2017, BTC started its surge from $4,000 to $17,700 in just two months. CZ shared the chart on X, noting it was his first crypto cycle.
Founder of Binance added:
โNot predicting the future. And donโt get too excitedโ
โ hinting that while history may rhyme, it doesnโt always repeat.
Is this dรฉjร vu for the market, or just a reminder to stay calm? ๐ค
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๐บ๐ธ The U.S. has officially entered its first government shutdown in 8 years โ and the blame game is in full swing
Republicans and Democrats failed to agree on the budget, clashing over healthcare and other spending priorities.
๐ This is already the 3rd shutdown under Trump, and the 22nd in U.S. history.
๐ธ The cost: about $400M lost daily, delays in military & federal salaries, frozen macro data releases, and stalled research projects.
Markets may see a bit of turbulence today โ or maybe just some โdiscountsโ for the brave buyers ๐ข
Republicans and Democrats failed to agree on the budget, clashing over healthcare and other spending priorities.
๐ This is already the 3rd shutdown under Trump, and the 22nd in U.S. history.
๐ธ The cost: about $400M lost daily, delays in military & federal salaries, frozen macro data releases, and stalled research projects.
Markets may see a bit of turbulence today โ or maybe just some โdiscountsโ for the brave buyers ๐ข
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๐CryptoQuant: Altcoins now make up a record 82.3% of Binance futures trading volume โ beating even the 2021 bull run peak of 76%.
But thereโs a twist: the surge comes mostly from a handful of strong performers, while 90% of altcoins remain deep in the red. ๐
Looks like traders are chasing very specific plays rather than betting on the whole alt market ๐๐๐
But thereโs a twist: the surge comes mostly from a handful of strong performers, while 90% of altcoins remain deep in the red. ๐
Looks like traders are chasing very specific plays rather than betting on the whole alt market ๐๐๐
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Crypto soothsayer
๐ Bitcoin breaks above $116K for the first time since September 19! Just a week ago BTC was trading below $109K โ a sharp rebound has shaken up the market. ๐ฅ In just one hour, nearly $50M in Bitcoin shorts were liquidated, according to Coinglass. The squeezeโฆ
A mystery trader on Binance just got rekt โ their short position worth $26.19M was wiped out in a single liquidation order! ๐
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๐คAptos announced a partnership with Trump familyโs World Liberty Financial to integrate the new stablecoin USD1
โช๏ธUSD1 will launch directly across Aptos apps (Echelon, Hyperion, Thala, Tapp).
โช๏ธPromises ultra-cheap fees (<$0.01) and speed under 0.5s.
โช๏ธAptos aims to challenge Ethereum ($94.8B) and Tron ($78.6B) in the stablecoin race (vs Aptosโ $1.3B).
โช๏ธCurrent Aptos stablecoin lineup already includes USDT, USDC, USDE, PYUSD with $60B+ monthly volume.
Stablecoin wars are heating up ๐ฅ
โช๏ธUSD1 will launch directly across Aptos apps (Echelon, Hyperion, Thala, Tapp).
โช๏ธPromises ultra-cheap fees (<$0.01) and speed under 0.5s.
โช๏ธAptos aims to challenge Ethereum ($94.8B) and Tron ($78.6B) in the stablecoin race (vs Aptosโ $1.3B).
โช๏ธCurrent Aptos stablecoin lineup already includes USDT, USDC, USDE, PYUSD with $60B+ monthly volume.
Stablecoin wars are heating up ๐ฅ
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๐ธ Metaplanet buys 5,268 BTC for $615.7M
The company now holds 30,823 BTC, acquired for a total of $3.33B at an average price of $107,912 per coin.
โ๏ธ With this purchase, Metaplanet has climbed to 4th place among the worldโs largest corporate Bitcoin holders.
Big league status unlocked ๐ ๐
The company now holds 30,823 BTC, acquired for a total of $3.33B at an average price of $107,912 per coin.
โ๏ธ With this purchase, Metaplanet has climbed to 4th place among the worldโs largest corporate Bitcoin holders.
Big league status unlocked ๐ ๐
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๐ Bitcoin cycle may be longer
๐ Analysis shows BTC cycles are gradually extending. The last ATH came 546 days after the 2020 halving.
Weโre now at day 528 since the 2024 halving โณ.
๐ผ If the pattern holds, the peak of this cycle is expected in mid-Oct to early Nov 2025 โ less than 30 days away.
Stay alert and donโt forget to secure profits ๐ต
๐ Analysis shows BTC cycles are gradually extending. The last ATH came 546 days after the 2020 halving.
Weโre now at day 528 since the 2024 halving โณ.
๐ผ If the pattern holds, the peak of this cycle is expected in mid-Oct to early Nov 2025 โ less than 30 days away.
Stay alert and donโt forget to secure profits ๐ต
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๐ Mining stocks hit record highs, outpacing Bitcoin
The combined market cap of the 15 largest public mining firms reached $58.1B in September, up $16.5B from August and nearly triple March lows.
While BTC gained just 21% in 6 months, minersโ stocks exploded:
โช๏ธ Iris Energy +624%
โช๏ธ Applied Digital +345%
โช๏ธ Cipher Mining +321%
โช๏ธ TeraWulf, Hut 8, Bitfarms +179โ280%
โช๏ธ Riot +147%, Hive +133%, Core Scientific +105%
Even giants like CleanSpark, Bitdeer & Marathon outperformed Bitcoin.
Q3 marked a record rebound for the mining sector ๐
The combined market cap of the 15 largest public mining firms reached $58.1B in September, up $16.5B from August and nearly triple March lows.
While BTC gained just 21% in 6 months, minersโ stocks exploded:
โช๏ธ Iris Energy +624%
โช๏ธ Applied Digital +345%
โช๏ธ Cipher Mining +321%
โช๏ธ TeraWulf, Hut 8, Bitfarms +179โ280%
โช๏ธ Riot +147%, Hive +133%, Core Scientific +105%
Even giants like CleanSpark, Bitdeer & Marathon outperformed Bitcoin.
Q3 marked a record rebound for the mining sector ๐
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Bitgetโs COO says thereโs no logical reason for an altcoin season this cycle ๐คท
๐น Altcoins arenโt showing new tech or major updates to fuel rallies.
๐น Bitcoin has decoupled from both stocks and altcoins, often pumping alone while the rest of the market bleeds.
๐น Future rallies will likely be narrative-driven (e.g. RWA tokens), not broad โeverything goes upโ moves.
๐น Market expects too much, too fast โ unlike traditional startups, crypto projects face instant retail pressure.
๐น Many now recommend holding only Bitcoin, as ETH lacks momentum.
๐ Conclusion: This cycle might be Bitcoin-only, with selective altcoin pumps tied to trends.
๐น Altcoins arenโt showing new tech or major updates to fuel rallies.
๐น Bitcoin has decoupled from both stocks and altcoins, often pumping alone while the rest of the market bleeds.
๐น Future rallies will likely be narrative-driven (e.g. RWA tokens), not broad โeverything goes upโ moves.
๐น Market expects too much, too fast โ unlike traditional startups, crypto projects face instant retail pressure.
๐น Many now recommend holding only Bitcoin, as ETH lacks momentum.
๐ Conclusion: This cycle might be Bitcoin-only, with selective altcoin pumps tied to trends.
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๐ Yesterday evening, Bitcoin climbed back above $120K, holding that level through the night before facing a slight correction today.
๐ฐ The surge pushed Satoshi Nakamotoโs fortune back over $130B, according to on-chain data.
๐ Wallet details: Satoshi Nakamoto
Bitcoin keeps proving its dominance โ and Satoshi remains one of the wealthiest ghosts in history ๐ป๐ต
๐ฐ The surge pushed Satoshi Nakamotoโs fortune back over $130B, according to on-chain data.
๐ Wallet details: Satoshi Nakamoto
Bitcoin keeps proving its dominance โ and Satoshi remains one of the wealthiest ghosts in history ๐ป๐ต
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