๐ต๏ธโโ๏ธ Analysts are in sync today: Bitcoin still has room to grow ๐
PlanB points out that the RSI indicator shows no overbought conditions yet (currently at 69), signaling potential upside for BTC. ๐
PlanB points out that the RSI indicator shows no overbought conditions yet (currently at 69), signaling potential upside for BTC. ๐
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๐ฐ Stablecoin market hits a new milestone: total capitalization surpasses $300B for the first time!
โช๏ธTether (USDT) leads with $176.3B (58.4%)
โช๏ธCircleโs USDC follows with $74B
โช๏ธEthenaโs USDe at $14.8B
Notable mentions: Trump-linked USD1 at #6, PayPalโs PYUSD at #8, Rippleโs RLUSD at #12.
DeFiLlama tracks ~300 pegged assets, including synthetic stablecoins from various DeFi projects. ๐
โช๏ธTether (USDT) leads with $176.3B (58.4%)
โช๏ธCircleโs USDC follows with $74B
โช๏ธEthenaโs USDe at $14.8B
Notable mentions: Trump-linked USD1 at #6, PayPalโs PYUSD at #8, Rippleโs RLUSD at #12.
DeFiLlama tracks ~300 pegged assets, including synthetic stablecoins from various DeFi projects. ๐
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โ
Bitcoin nearly touched $124K โ just $600 shy of a new ATH! ๐
Rumors say the pump is fueled by Trumpโs idea to send $1Kโ$2K checks to Americans using tariff revenues. Such โfree liquidityโ could spark the long-awaited altseason as fresh cash flows into crypto. ๐ต๐ฅ
Rumors say the pump is fueled by Trumpโs idea to send $1Kโ$2K checks to Americans using tariff revenues. Such โfree liquidityโ could spark the long-awaited altseason as fresh cash flows into crypto. ๐ต๐ฅ
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๐ฅ Bitcoin short liquidations surpassed $171M after BTC hit a new all-time high of $125,400 yesterday
In total, over 122K positions were wiped out across the market, with crypto-wide liquidations reaching $385M.
The biggest single loss occurred on Hyperliquid, where one trader lost $7.37M in a single move. ๐ฌ๐
In total, over 122K positions were wiped out across the market, with crypto-wide liquidations reaching $385M.
The biggest single loss occurred on Hyperliquid, where one trader lost $7.37M in a single move. ๐ฌ๐
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โ DeFiLlama delists AsterDEX data after suspicions of fake trading volume
Founder 0xngmi noted that Asterโs trading activity oddly mirrored Binanceโs โ suggesting wash trading. Since order data canโt be verified, thereโs no proof the volume is real. ๐
Following the claims, Asterโs token dropped 10%, while the team accused DeFiLlama of acting on low-quality investigations. ๐
Was it manipulation or just jealous competitors? ๐ค
Founder 0xngmi noted that Asterโs trading activity oddly mirrored Binanceโs โ suggesting wash trading. Since order data canโt be verified, thereโs no proof the volume is real. ๐
Following the claims, Asterโs token dropped 10%, while the team accused DeFiLlama of acting on low-quality investigations. ๐
Was it manipulation or just jealous competitors? ๐ค
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๐ BNB skyrockets to a new ATH โ $1,220! ๐
The surge followed a hint from CZ, who teased plans to pump BTC, BNB, and Aster.
Looks like the Binance boss still knows how to move the market. ๐๐ฅ
The surge followed a hint from CZ, who teased plans to pump BTC, BNB, and Aster.
Looks like the Binance boss still knows how to move the market. ๐๐ฅ
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Crypto soothsayer
๐ฅ Bitcoin short liquidations surpassed $171M after BTC hit a new all-time high of $125,400 yesterday In total, over 122K positions were wiped out across the market, with crypto-wide liquidations reaching $385M. The biggest single loss occurred on Hyperliquidโฆ
๐ Michael Saylorโs Strategy hits a new all-time high โ its Bitcoin portfolio is now worth $77.4B! ๐ฐ
The company started accumulating BTC back in 2020, buying 21,454 BTC for $250M at just $11,653 per coin.
In a recent interview, Saylor revealed his bold vision: Strategy aims to reach $1 trillion in Bitcoin holdings. ๐ง โก๏ธ
Diamond hands level: corporate legend. ๐
The company started accumulating BTC back in 2020, buying 21,454 BTC for $250M at just $11,653 per coin.
In a recent interview, Saylor revealed his bold vision: Strategy aims to reach $1 trillion in Bitcoin holdings. ๐ง โก๏ธ
Diamond hands level: corporate legend. ๐
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๐ต โBinance dollarsโ take over Venezuela ๐ป๐ช
With 229% annual inflation, Venezuelans are ditching the bolรญvar and using USDT (mostly via Binance P2P/TRC-20) as their real currency. Prices, invoices, rent, and groceries are now often quoted and settled in digital dollars.
Three dollar rates exist โ official, parallel, and P2P โ but merchants rely on P2P USDT, which acts as both the benchmark and payment method. Digital dollars are easier to store, transfer, and hedge against hyperinflation than physical USD.
Households and SMEs use USDT for everyday payments, payroll, and imports. Despite legal gray areas, authorities tolerate crypto-based dollarization as a practical workaround.
Venezuelaโs economy shows how stablecoins can anchor daily life in high-inflation markets, extending the dollarโs reach without formal legalization. ๐
With 229% annual inflation, Venezuelans are ditching the bolรญvar and using USDT (mostly via Binance P2P/TRC-20) as their real currency. Prices, invoices, rent, and groceries are now often quoted and settled in digital dollars.
Three dollar rates exist โ official, parallel, and P2P โ but merchants rely on P2P USDT, which acts as both the benchmark and payment method. Digital dollars are easier to store, transfer, and hedge against hyperinflation than physical USD.
Households and SMEs use USDT for everyday payments, payroll, and imports. Despite legal gray areas, authorities tolerate crypto-based dollarization as a practical workaround.
Venezuelaโs economy shows how stablecoins can anchor daily life in high-inflation markets, extending the dollarโs reach without formal legalization. ๐
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๐ Over 642M transactions passed through major blockchains in September!
๐ TRON led the pack with 279M transactions (40%), followed by Polygon (112M) and Arbitrum (87M).
Most of the activity came from USDT transfers, with TRON alone handling over $687B in volume. ๐ธ
Stablecoins keep driving on-chain activity โ and TRON clearly owns the highway. ๐
๐ TRON led the pack with 279M transactions (40%), followed by Polygon (112M) and Arbitrum (87M).
Most of the activity came from USDT transfers, with TRON alone handling over $687B in volume. ๐ธ
Stablecoins keep driving on-chain activity โ and TRON clearly owns the highway. ๐
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๐ BNB hits $1,300 โ now Top 3!
Binance Coin (BNB) skyrocketed to $1,300, overtaking XRP and USDT to become the third-largest crypto by market cap. ๐ฅ
BNB is now behind only Bitcoin and Ethereum โ and traders are watching closely to see if it can hold its new position in the top tier. ๐
Binance Coin (BNB) skyrocketed to $1,300, overtaking XRP and USDT to become the third-largest crypto by market cap. ๐ฅ
BNB is now behind only Bitcoin and Ethereum โ and traders are watching closely to see if it can hold its new position in the top tier. ๐
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๐ค Is Binance pumping its own token?
Rumors are spreading on X that Binance might be buying millions worth of BNB to artificially push the price up and liquidate short positions. ๐๐ซ
The speculation started after unusual trading activity was spotted by on-chain analysts โ but no official confirmation has been made.
If true, it could mean Binance is defending its tokenโs market dominanceโฆ or just playing 4D chess with the bears. โ
Rumors are spreading on X that Binance might be buying millions worth of BNB to artificially push the price up and liquidate short positions. ๐๐ซ
The speculation started after unusual trading activity was spotted by on-chain analysts โ but no official confirmation has been made.
If true, it could mean Binance is defending its tokenโs market dominanceโฆ or just playing 4D chess with the bears. โ
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Crypto soothsayer
๐ BNB hits $1,300 โ now Top 3! Binance Coin (BNB) skyrocketed to $1,300, overtaking XRP and USDT to become the third-largest crypto by market cap. ๐ฅ BNB is now behind only Bitcoin and Ethereum โ and traders are watching closely to see if it can hold itsโฆ
๐ฐ CZ reportedly worth $87.3B โ 21st richest in the world?
Bloomberg estimates put Binance founder Changpeng Zhao (CZ) among the top 25 richest people, with a fortune of $87.3 billion.๐ง
CZ, however, downplays the ranking:
Bloomberg estimates put Binance founder Changpeng Zhao (CZ) among the top 25 richest people, with a fortune of $87.3 billion.๐ง
CZ, however, downplays the ranking:
โI don't believe this is accurate (way too high). I also don't think it matters. What matters is how many people we can help, and by how much.โ
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๐ Top Countries by Bitcoin Holdings
1๏ธโฃ USA โ 198,012 BTC ($24.6B)
2๏ธโฃ China โ 194,000 BTC ($24.1B)
3๏ธโฃ UK โ 61,245 BTC ($7.6B)
4๏ธโฃ Ukraine โ 46,351 BTC ($5.7B)
5๏ธโฃ Bhutan โ 11,286 BTC ($1.4B)
And then... a massive gap:
6๏ธโฃ El Salvador โ 6,246 BTC
7๏ธโฃ Finland โ just 90 BTC ๐ณ
Thatโs not a gap โ thatโs a Bitcoin canyon! โฐ
1๏ธโฃ USA โ 198,012 BTC ($24.6B)
2๏ธโฃ China โ 194,000 BTC ($24.1B)
3๏ธโฃ UK โ 61,245 BTC ($7.6B)
4๏ธโฃ Ukraine โ 46,351 BTC ($5.7B)
5๏ธโฃ Bhutan โ 11,286 BTC ($1.4B)
And then... a massive gap:
6๏ธโฃ El Salvador โ 6,246 BTC
7๏ธโฃ Finland โ just 90 BTC ๐ณ
Thatโs not a gap โ thatโs a Bitcoin canyon! โฐ
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๐ฌ Is Michael Saylorโs strategy losing steam?
For the first time in a while, Strategy didnโt buy any Bitcoin last week โ the company failed to raise new funds through its stock sale program, according to an SEC filing. ๐
Still, Saylorโs Bitcoin stash remains massive: 640,031 BTC (โ $79.6B). ๐ฐ
No new buys this time โ but knowing Saylor, heโs probably just reloading for the next buy. โก๏ธ
For the first time in a while, Strategy didnโt buy any Bitcoin last week โ the company failed to raise new funds through its stock sale program, according to an SEC filing. ๐
Still, Saylorโs Bitcoin stash remains massive: 640,031 BTC (โ $79.6B). ๐ฐ
No new buys this time โ but knowing Saylor, heโs probably just reloading for the next buy. โก๏ธ
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๐ CryptoQuant: Miners are stacking BTC again!
After months of selling, Bitcoin minersโ reserves have finally stabilized โ and are now showing signs of accumulation.
That means selling pressure is easing, historically a bullish signal for BTC. ๐
Meanwhile, buyers are back in control (taker buy-sell ratio > 1), and institutions are rebuilding positions through CME options.
The pieces are falling into place โ the market smells like bull phase again. ๐
After months of selling, Bitcoin minersโ reserves have finally stabilized โ and are now showing signs of accumulation.
That means selling pressure is easing, historically a bullish signal for BTC. ๐
Meanwhile, buyers are back in control (taker buy-sell ratio > 1), and institutions are rebuilding positions through CME options.
The pieces are falling into place โ the market smells like bull phase again. ๐
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๐ Santiment: XRP FUD hits 6-month high!
Social sentiment around XRP just turned the most negative in half a year, according to Santiment. ๐ฌ
Bearish forecasts now far outnumber bullish ones, as traders lose patience with Rippleโs price action.
Historically, though, XRP often bounces when sentiment bottoms outโฆ so maybe the bears are getting a little too comfortable. ๐ป๐๐
Social sentiment around XRP just turned the most negative in half a year, according to Santiment. ๐ฌ
Bearish forecasts now far outnumber bullish ones, as traders lose patience with Rippleโs price action.
Historically, though, XRP often bounces when sentiment bottoms outโฆ so maybe the bears are getting a little too comfortable. ๐ป๐๐
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