๐๐บ๐ธ Interesting observation: Almost the entire Bitcoin decline since October 10 has been driven by U.S. trading sessions.
While Asia and Europe showed more balanced or neutral flows, the American sessions consistently added selling pressure โ effectively shaping the whole downside move.
Whether itโs macro fear, ETF outflows, or simply U.S. traders hitting the panic button more aggressively, the pattern is hard to ignore. ๐ง
If sentiment flips in the U.S., the trend could change just as fast. ๐
While Asia and Europe showed more balanced or neutral flows, the American sessions consistently added selling pressure โ effectively shaping the whole downside move.
Whether itโs macro fear, ETF outflows, or simply U.S. traders hitting the panic button more aggressively, the pattern is hard to ignore. ๐ง
If sentiment flips in the U.S., the trend could change just as fast. ๐
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Eric Trump gave a tour of the American Bitcoin mining facility, of which he is a co-founder. ๐
According to Trump, they control 2% of the global hash rate. ๐ง
According to Trump, they control 2% of the global hash rate. ๐ง
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๐ James Wynn claims Bitcoin is heading down to $67,000 โ sounds scary, right?
But thereโs one tiny detail: Wynn has already earned himself the reputation of the โJim Cramer of cryptoโ. His forecasts tend to workโฆ in reverse.
The man has been liquidated 25+ times just this month, so traders are joking that his bearish call might actually be the most bullish signal of the week ๐คฃ
But thereโs one tiny detail: Wynn has already earned himself the reputation of the โJim Cramer of cryptoโ. His forecasts tend to workโฆ in reverse.
The man has been liquidated 25+ times just this month, so traders are joking that his bearish call might actually be the most bullish signal of the week ๐คฃ
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๐ TA believers predict BTC peak at $160K
๐ต๏ธโโ๏ธ Some technical analysts claim Bitcoin may rally to a cycle top around $160,000 by July 2026.
According to their model, this would mark the end of the bull market, followed by a major correction. By 2027, they expect BTC to potentially fall toward $50,000, signaling the start of a new crypto winter. ๐
Long-term outlook remains speculative, but the chart suggests a classic boom-and-bust cycle ๐ข๐
๐ต๏ธโโ๏ธ Some technical analysts claim Bitcoin may rally to a cycle top around $160,000 by July 2026.
According to their model, this would mark the end of the bull market, followed by a major correction. By 2027, they expect BTC to potentially fall toward $50,000, signaling the start of a new crypto winter. ๐
Long-term outlook remains speculative, but the chart suggests a classic boom-and-bust cycle ๐ข๐
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๐บ๐ธ JPMorganโs Bitcoin Games Continue
JPMorgan โ the same bank thatโs been openly targeting clients from the Bitcoin industry โ keeps calling BTC a โmacro assetโ in its reports and even outlines long-term targets up to $240,000 per coin.๐ต
A classic Trump-style negotiation tactic:
trash the asset publicly, squeeze out competitors, and quietly prepare to buy lower.
The irony? While tightening the screws on crypto companies, JPMorganโs own analysts paint one of the most bullish long-term scenarios for Bitcoin. ๐
JPMorgan โ the same bank thatโs been openly targeting clients from the Bitcoin industry โ keeps calling BTC a โmacro assetโ in its reports and even outlines long-term targets up to $240,000 per coin.๐ต
A classic Trump-style negotiation tactic:
trash the asset publicly, squeeze out competitors, and quietly prepare to buy lower.
The irony? While tightening the screws on crypto companies, JPMorganโs own analysts paint one of the most bullish long-term scenarios for Bitcoin. ๐
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๐ฐ๐บ๐ธ Texas Becomes the First U.S. State to Hold Bitcoin
Texas has officially launched its long-awaited state Bitcoin reserve following Trumpโs pro-crypto shift. The first $5M purchase has already been made, making Texas the first state in the U.S. to add BTC to its balance sheet โ potentially opening the door for others to follow. ๐
So far, the state allocated $10M, executed through BlackRockโs Bitcoin ETF. But Texas plans to move toward direct BTC custody and purchases in the future.
The domino effect may just be starting โ will other states or even the entire U.S. follow next? ๐
Texas has officially launched its long-awaited state Bitcoin reserve following Trumpโs pro-crypto shift. The first $5M purchase has already been made, making Texas the first state in the U.S. to add BTC to its balance sheet โ potentially opening the door for others to follow. ๐
So far, the state allocated $10M, executed through BlackRockโs Bitcoin ETF. But Texas plans to move toward direct BTC custody and purchases in the future.
The domino effect may just be starting โ will other states or even the entire U.S. follow next? ๐
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CryptoQuant spots possible BTC price manipulation on Bybit ๐ง
Analysts at CryptoQuant recorded unusual trading behavior on Bybitโs BTCUSD Inverse contract.
Someone is executing rapid-fire micro-trades โ about 50 transactions per second worth $5 each. ๐
Such activity can artificially nudge short-term price movements or liquidity signals, potentially impacting market perception. ๐ค
Analysts at CryptoQuant recorded unusual trading behavior on Bybitโs BTCUSD Inverse contract.
Someone is executing rapid-fire micro-trades โ about 50 transactions per second worth $5 each. ๐
Such activity can artificially nudge short-term price movements or liquidity signals, potentially impacting market perception. ๐ค
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๐ค Strategy Shifts Its BTC Holdings
Strategy has decided to diversify its storage setup and moved 58,390 BTC (~$5.1B) to Fidelity Custody. ๐ง
Fidelity uses an omnibus custody model โ client assets are pooled together. So Strategyโs BTC is now mixed with holdings of other Fidelity clients, effectively placing part of Strategyโs reserves under Fidelityโs direct control.
This raises a big question: what motivated such a major custody shift? ๐คจ
Regulatory pressure? Security reasons? Operational convenience? The market is watching.
Strategy has decided to diversify its storage setup and moved 58,390 BTC (~$5.1B) to Fidelity Custody. ๐ง
Fidelity uses an omnibus custody model โ client assets are pooled together. So Strategyโs BTC is now mixed with holdings of other Fidelity clients, effectively placing part of Strategyโs reserves under Fidelityโs direct control.
This raises a big question: what motivated such a major custody shift? ๐คจ
Regulatory pressure? Security reasons? Operational convenience? The market is watching.
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๐ Solana ETF Shows Steady Inflows Only
Since trading began, the spot Solana ETF hasnโt recorded a single day of outflows โ a rare show of consistent investor confidence.
Yes, the fund inflows are still tiny compared to Ethereum ETFs, let alone Bitcoin ETFs. But the fact that Solana manages to hold only inflows at this early stage is a strong signal of market interest.
SOL continues to prove itโs not just hype โ institutions are paying attention ๐โจ
Since trading began, the spot Solana ETF hasnโt recorded a single day of outflows โ a rare show of consistent investor confidence.
Yes, the fund inflows are still tiny compared to Ethereum ETFs, let alone Bitcoin ETFs. But the fact that Solana manages to hold only inflows at this early stage is a strong signal of market interest.
SOL continues to prove itโs not just hype โ institutions are paying attention ๐โจ
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๐ Tether quietly became the worldโs biggest gold buyer last quarter
According to fresh data, Tether purchased more gold in the last quarter than any central bank worldwide. ๐
The move highlights the companyโs growing diversification strategy: alongside USDT reserves and Bitcoin holdings, Tether is now aggressively expanding into gold as a protective, value-preserving asset. ๐ต
According to fresh data, Tether purchased more gold in the last quarter than any central bank worldwide. ๐
The move highlights the companyโs growing diversification strategy: alongside USDT reserves and Bitcoin holdings, Tether is now aggressively expanding into gold as a protective, value-preserving asset. ๐ต
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๐ Bitcoin is back above $90k โ and altcoins are waking up too
With the market turning green, Arthur Hayes immediately jumped back into altcoins โ despite his loud macro โdoomโ narratives. ๐
๐ According to Arkham, over the past 6 hours Hayes bought:
โข 2.87M ENA ($818.4k)
โข 218k PENDLE ($590.7k)
โข 331k ETHFI ($255.1k)
Funny detail: heโs acting just like the crowd โ selling the bottom, buying the pump.
A week ago he dumped over $8.2M worth of alts before the rally even started.
Markets teach everyone the same lesson ๐
With the market turning green, Arthur Hayes immediately jumped back into altcoins โ despite his loud macro โdoomโ narratives. ๐
๐ According to Arkham, over the past 6 hours Hayes bought:
โข 2.87M ENA ($818.4k)
โข 218k PENDLE ($590.7k)
โข 331k ETHFI ($255.1k)
Funny detail: heโs acting just like the crowd โ selling the bottom, buying the pump.
A week ago he dumped over $8.2M worth of alts before the rally even started.
Markets teach everyone the same lesson ๐
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๐ฐ๐ท $37M hack hits Upbit โ just one day after its $10B acquisition deal
South Koreaโs largest crypto exchange Upbit halted deposits and withdrawals after detecting an unauthorized transfer of $37M in Solana-based assets to an external wallet. ๐ฅท
The exchange assured users all losses will be covered.
๐ The timing is wild: the hack happened 24 hours after tech giant Naver announced its plan to acquire Upbit for $10.3B. Naver also confirmed a massive $6.8B investment into AI and blockchain over the next five years โ and considers Upbit a key piece of its fintech and crypto strategy.
Upbit remains the dominant exchange in Korea, with KRW trading volumes rivaling USD markets (excluding stablecoins), making South Korea the second-largest crypto market in the world.
South Koreaโs largest crypto exchange Upbit halted deposits and withdrawals after detecting an unauthorized transfer of $37M in Solana-based assets to an external wallet. ๐ฅท
The exchange assured users all losses will be covered.
๐ The timing is wild: the hack happened 24 hours after tech giant Naver announced its plan to acquire Upbit for $10.3B. Naver also confirmed a massive $6.8B investment into AI and blockchain over the next five years โ and considers Upbit a key piece of its fintech and crypto strategy.
Upbit remains the dominant exchange in Korea, with KRW trading volumes rivaling USD markets (excluding stablecoins), making South Korea the second-largest crypto market in the world.
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๐ฐVitalik Buterin Donates $390K to Encrypted Messengers
Vitalik Buterin has donated 128 ETH (โ$390K) each to secure-messaging apps Session and SimpleX. He calls end-to-end encryption a key pillar of digital privacy and highlights two critical areas that need progress: account creation without platform approval and strong metadata protection.
๐ค Vitalik says current messengers still lack both true security and usability. Full metadata protection requires decentralization โ a hard but necessary step, especially with multi-device support and resistance to attacks without phone numbers.
๐ He urges developers to keep building privacy-focused tools and encourages users to actually install and use them.
Vitalik Buterin has donated 128 ETH (โ$390K) each to secure-messaging apps Session and SimpleX. He calls end-to-end encryption a key pillar of digital privacy and highlights two critical areas that need progress: account creation without platform approval and strong metadata protection.
๐ค Vitalik says current messengers still lack both true security and usability. Full metadata protection requires decentralization โ a hard but necessary step, especially with multi-device support and resistance to attacks without phone numbers.
๐ He urges developers to keep building privacy-focused tools and encourages users to actually install and use them.
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๐ฒ BTC Margin Trading Hits All-Time High
The volume of margin trading on Bitcoin has surged to a new absolute record over the past four months. ๐
More and more traders are jumping into futures, hoping to get rich off just a few lucky trades โ market greed and risk-taking are now at peak levels. ๐คท
The volume of margin trading on Bitcoin has surged to a new absolute record over the past four months. ๐
More and more traders are jumping into futures, hoping to get rich off just a few lucky trades โ market greed and risk-taking are now at peak levels. ๐คท
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๐ถ Tether fully retires EURโฎ
Tether has officially completed the shutdown of its EURโฎ stablecoin. The tokenโs issuance was halted back in 2022, and now the company has ended all redemptions across every network. ๐ง
ะUsers were given a full year to swap their EURโฎ for euros directly with Tether โ today that window is closed.
โ๏ธAny EURโฎ that wasnโt redeemed before the deadline will continue to circulate, but without a guaranteed 1:1 exchange. In other words, the remaining tokens are now essentially illiquid assets with no backing.
Tether has officially completed the shutdown of its EURโฎ stablecoin. The tokenโs issuance was halted back in 2022, and now the company has ended all redemptions across every network. ๐ง
ะUsers were given a full year to swap their EURโฎ for euros directly with Tether โ today that window is closed.
โ๏ธAny EURโฎ that wasnโt redeemed before the deadline will continue to circulate, but without a guaranteed 1:1 exchange. In other words, the remaining tokens are now essentially illiquid assets with no backing.
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๐ Bitcoin stalls near $91,000 โ CryptoQuant CEO turns cautious
Bitcoin is stuck around $91k, and CryptoQuant CEO Ki Young Ju isnโt feeling too optimistic. ๐
According to him, on-chain indicators now point to a bearish trend, and any further upside for BTC will depend entirely on macro liquidity. ๐ฆ
In simple terms: if global markets get pumped with fresh money again โ Bitcoin still has room to grow. If notโฆ the chart may stay heavy for a while.
Bitcoin is stuck around $91k, and CryptoQuant CEO Ki Young Ju isnโt feeling too optimistic. ๐
According to him, on-chain indicators now point to a bearish trend, and any further upside for BTC will depend entirely on macro liquidity. ๐ฆ
In simple terms: if global markets get pumped with fresh money again โ Bitcoin still has room to grow. If notโฆ the chart may stay heavy for a while.
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๐ฅ XRP reserves are shrinking fast
Following the launch hype around a potential XRP ETF, Binanceโs XRP reserves are dropping sharply (CryptoQuant)
๐ฝ Holdings have fallen to ~2.7B XRP โ one of the lowest levels ever recorded on the exchange.
๐ฝ Since October 6, users have withdrawn roughly 300M XRP.
Following the launch hype around a potential XRP ETF, Binanceโs XRP reserves are dropping sharply (CryptoQuant)
๐ฝ Holdings have fallen to ~2.7B XRP โ one of the lowest levels ever recorded on the exchange.
๐ฝ Since October 6, users have withdrawn roughly 300M XRP.
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Crypto soothsayer
๐ Bitcoin stalls near $91,000 โ CryptoQuant CEO turns cautious Bitcoin is stuck around $91k, and CryptoQuant CEO Ki Young Ju isnโt feeling too optimistic. ๐ According to him, on-chain indicators now point to a bearish trend, and any further upside for BTCโฆ
๐ Glassnode: BTC needs to break key supply clusters to regain momentum
๐ Glassnode reports that Bitcoinโs path to a new all-time high depends on overcoming major supply clusters formed by recent large buyers.
The closest resistance zones are located at $93,000โ$96,000 and $100,000โ$108,000 โ levels where many investors previously bought BTC and may look to take profit. ๐ง
A clean breakout above these clusters could restore bullish momentum and open the way to new highs. ๐
๐ Glassnode reports that Bitcoinโs path to a new all-time high depends on overcoming major supply clusters formed by recent large buyers.
The closest resistance zones are located at $93,000โ$96,000 and $100,000โ$108,000 โ levels where many investors previously bought BTC and may look to take profit. ๐ง
A clean breakout above these clusters could restore bullish momentum and open the way to new highs. ๐
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๐ Tom Lee softens his Bitcoin target โ but stays bullish
Tom Lee has revised his year-end BTC forecast from $250k to $100k+ (๐ฅ original interview). He still believes Bitcoin can set a new ATH before December ends. ๐
Key points from the interview:
โข 10 October was โcrypto Armageddonโ โ a pricing glitch triggered the largest mass auto-liquidation event in BTC history. Nearly 2M accounts were wiped, and one-third of market makers vanished.
โข Because of this crash, crypto lost its role as a leading market indicator. Now it lags behind, while AI stocks have taken the lead.
โข Despite the chaos, Lee insists the market remains bullish โ Bitcoin typically makes its strongest moves in just 10 days per year, and those โbest daysโ may still lie ahead.
Tom Lee has revised his year-end BTC forecast from $250k to $100k+ (๐ฅ original interview). He still believes Bitcoin can set a new ATH before December ends. ๐
Key points from the interview:
โข 10 October was โcrypto Armageddonโ โ a pricing glitch triggered the largest mass auto-liquidation event in BTC history. Nearly 2M accounts were wiped, and one-third of market makers vanished.
โข Because of this crash, crypto lost its role as a leading market indicator. Now it lags behind, while AI stocks have taken the lead.
โข Despite the chaos, Lee insists the market remains bullish โ Bitcoin typically makes its strongest moves in just 10 days per year, and those โbest daysโ may still lie ahead.
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