🗣 #BTC BitGo CEO: We are talking to multiple corporate clients right now about putting Bitcoin on the balance sheet.
Читать полностью…🇺🇸👀 #SOL #ETF VolatilityShares files for futures-based Solana ETF. Bloomberg senior ETF analyst Eric Balchunas calls it “wild” and sees it as a positive sign, potentially boosting spot ETF odds.
The absence of Solana futures ETFs was considered the biggest hurdle for spot approval
🕵 One more smartmoney, who made a profit of $4.92 million from trading #PEPE over the past six months, purchased $2.79 million in PEPE today.
Читать полностью…📉👀 The money printer is slowing down. Over the past 10 days, Tether's #USDT circulating supply has shrunk by more than $1.3 billion.
Читать полностью…📊🤔 #BTC Open Interest Indicates Possible Reversal
Recent data shows a significant drop in open interest:
▪️ Futures OI fell 17.5% during the current correction, consistent with 2021 bull market patterns. (1)
▪️ Options OI dropped 44% after a record expiration, aligning with historical support levels near -45%. (2)
Key insight: In the current bull market, OI corrections of 40-50% often mark the end of pullbacks or the start of trend reversals.
🤖📉 #AI token market capitalization has fallen 28% from December's peak of $70 billion
Читать полностью…📉🤔 #BTC C.Q.: Since February this year, Bitcoin reserves on exchanges have been rapidly decreasing from the $50K level. The current reserve on major exchanges has shrunk to 2.2M BTC.
Saying that the supply on exchanges has nearly disappeared would be inaccurate, but it is a fact that it is actively declining.
🗽🆕 Another #ETF application has been filed with the SEC to invest in convertible bonds issued by companies holding #BTC in their corporate treasury.
REX Bitcoin Corporate Treasury Convertible Bond ETF
🇺🇸👀 #ETF Farside: Over the past trading week, net outflows from spot #BTC ETFs totaled -$377.6 million (compared to inflows of +$457.2 million the previous week).
Net inflows into spot #ETH ETFs reached +$349.3 million (up from +$62.7 million the prior week).
🗓 Major Upcoming Events in January: #OM #TAI #KERNEL #GLUE #BIO #BAD #DUSK #PMX #XTER #CORN #NOS #ML #DRV #S #CELO
Читать полностью…🤑😱 #BTC The fear and greed index has dropped to 72, but is still in the greed zone.
Читать полностью…⛏️🤔 #BTC About two weeks ago, Bitcoin's network hash rate surpassed the 800 EH/s mark for the first time, reaching a new all-time high of 805 EH/s on a 7-day moving average.
Since then, the hash rate has slightly pulled back and currently stands at 795 EH/s. Year-to-date, the hash rate has increased by 280 EH/s, already surpassing the 250 EH/s added in 2023, despite the halving putting significant pressure on mining margins.
If the network hash rate closes the year at 762 EH/s or higher, 2024 will go down in history as the year of record-breaking hash rate growth.
📊 #BTC #ETH #ETF Yesterday, the total net outflow of spot BTC-ETFs was ~$297.75 million.
Total net inflows of spot ETH-ETFs were ~$47.77 million.
🔎📊 Bitcoin vs Ethereum #ETF's – Key Differences
▪️ #BTC ETFs: Focus on BTC’s price as a store of value; mature and less volatile.
▪️ #ETH ETFs: Track ETH’s growth tied to DeFi, NFTs & DApps; high innovation potential.
📈🤔 #BTC There was a spike in the Bitcoin Taker Buy/Sell Ratio on OKX. This indicates a surge in aggressive buying — a sign of upward momentum ahead.
Читать полностью…📊📈 #BTC supply on EVM chains grew significantly this year, largely due to the introduction of "Bitcoin staking", which promises to bring yield to Bitcoin holders.
Читать полностью…🇺🇸⚖ Blockchain Association sued the IRS over crypto brokerage regulations. cointelegraph
Читать полностью…📊💼 Institutional investors are increasingly eyeing #DeFi, with new initiatives attracting over $1 billion in capital. This underscores a growing demand for institutional-grade DeFi solutions. intotheblock
Читать полностью…📉 The total value locked (TVL) of the Ethereum Layer 2 network decreased by ~2.8% over the week and now stands at $47 billion
Читать полностью…🎬🍿 #ETH Ethereum now offers to watch a 7-minute ads of paying for gas per transaction.
Читать полностью…📊 #BTC Bitwise: At the start of 2024, few could have predicted that Bitcoin ETPs would shatter all previous records while Gold ETPs faced a dramatic downturn, with net flows of $36,851M for Bitcoin and just $454M for Gold.
Читать полностью…📊👀 #BTC C.Q.: The number of exchange deposits has dropped to a record low of 30K, a level last seen in 2016.
The 10-year average for deposits is 90K.
The cycle's peak of 125K daily deposits was recorded at the $66K price level. It seems holders are catching on.
🔍🐳 Whale transactions:
1. James Fickel in full extinguished their debts, having lost ~25 thousand #ETH ($83.6 million) from trading the ETH/BTC pair. Previously: exchange ETH for WBTC;
2. New wallet bought 1,055,183 #FARTCOIN and now has a floating loss of $87,000;
3. Whale has gained 60.03 million #MIRA in the last 2 days and currently has a floating loss of $1.38 million;
4. Whale contributed 250 thousand #LINK ($5.37 million) on Binance and OKX. From December 14 to 18, this whale withdrew 595 thousand LINK ($17.31 million) from Binance at an average price of $29.1. He is now losing ~$4.5 million on LINK;
5. Team/Early Member Wallet #VIRTUAL transferred on Bybit for 2 million VIRTUAL (~$6.96 million). Over the past week, a total of 8.75 million tokens, ~$27.08 million, were transferred to exchanges; Currently, the three linked addresses still hold ~10.9% of the total token supply.
📊 C.Q.: When the price of #TON rises, the TVL of staking falls. This correlation suggests that investors, noticing an increase in price, are withdrawing their tokens from staking for sale. Just recently, staking TVL reached low levels again, seemingly coinciding with a local TON price bottom.
Читать полностью…🙋♂️ #ai16z HackMD Team initiated ai16z tokenomics update proposal and recommended the launch of Launchpad.
Читать полностью…📊 Santiment: Key active Chainlink whales who hold between 1M and 10M #LINK have accumulated 3.58M tokens (worth $76.9M) in just the last 3 days.
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