🗣 #BTC BlackRock CEO Larry Fink admits that he was a Bitcoin skeptic and he was wrong:
I believe Bitcoin is a legitimate financial instrument.Читать полностью…
📊👀 #BTC IntoTheBlock: 2024 can be marked as the year of Bitcoin dominance. The largest crypto asset has largely outperformed the rest of the market; both on the way up and during corrections this year.
Читать полностью…🇺🇸👀 Biden signed bill on a temporary budget, ending the formal shutdown of the federal government. #macro
Читать полностью…📊😱 #BTC Supply held by Short-Term Holders (STH) hits 5,439,700 BTC — the highest level in 40 months.
Key takeaways:
▪️ STH Supply typically rises during bull runs.
▪️ The multi-year downtrend in STH Supply has ended.
📊🤔 #BTC C.Q.: The current Open Interest (OI) volume in BTC is higher than during the 2021 bull cycle and comparable to the 2022 bear cycle.
Let me emphasize once again: traders have become more cautious and less willing to take risks.
By the way, in a bear market, OI tends to grow because shorting BTC during a bear market can be just as rewarding as buying coins at the bottom on spot and selling them at the cycle's peak.
🇬🇧👀 Google announced that advertisers who want to promote crypto exchanges and software wallets in the United Kingdom must be registered with the FCA.
Читать полностью…📊💸 #BTC Over the past 7 days, long positions worth $216M were liquidated on the top three exchanges: Binance, ByBit, and OKX.
This represents nearly 15 times fewer liquidations compared to the 2021 liquidation cluster.
🤔 #ETH Ethereum fees have declined by 80% in ETH terms over the past three years, leading to less ETH being burnt.
Читать полностью…🇫🇮⛏️ #BTC The Marathon Digital miner provides heating for ~80,000 Finnish homes using the heat generated during mining. #mining cryptoslate
Читать полностью…📊 Santiment: the best crypto gaming projects by development activity. #EGLD #MANA #WNCG
Читать полностью…🧑💻🎮 Top gaming projects by development. Directional indicators represent each project's ranking rise or fall since last month: #EGLD, #MANA, #WNCG, #SKL, #FUN, #IMX, #ENJ, #MAGIC and #AXS
Читать полностью…📈 #HYPE Yesterday, Hyperliquid contract trading volume reached $11.5 billion, while liquidations reached $1.32 billion, both setting new all-time highs.
Читать полностью…🐳📈 #ETH Whales bought 340,000 ETH in the last 96 hours, worth more than $1 billion.
Читать полностью…🗓 Major Upcoming Events in December
#SOON #SOL #PEN #SYNTH #JOC #BLADE #CLAY #BONK #ORI #ELF #USDT #ARTY #SWELL #AIXBT
🇺🇸🤔 CEO CQ: Strategic #BTC Reserves could help offset U.S. debt
In 15 years, $790B in capital inflows boosted Bitcoin’s market cap to $2T. This year, $352B added $1T.
Designating Bitcoin as a strategic asset could offset 36% of U.S. debt by 2050, requiring 1M BTC. While foreign creditors (30% of debt) may resist, the strategy remains practical as it doesn’t rely on full Bitcoin settlement.
🗣 #ENA Arthur Hayes: The performance of Ethena Labs is impressive. If DeFi protocols don't integrate #USDe or sUSDe, it could be their downfall.
Читать полностью…📊🗣 #BTC has enjoyed quite the journey in 2024's final stretch. The following graphic from Santiment shows the crypto community's mentions across X, Reddit, Telegram, 4Chan, BitcoinTalk, and FarCaster related to:
🟨 Bitcoin at $90K
🟥 Bitcoin at $100K
🟦 Bitcoin at $110K
📊🤔 #BTC C.Q.: The funding rate is currently positive but remains significantly lower than the peak levels seen in 2021. Despite this, bullish liquidations remain low compared to similar funding rate periods in 2021.
This suggests that traders are less active and are avoiding the high-risk behavior observed in the past. I’d even say they are more cautious.
🥳 #ETH #ETF SEC Commissioner Hester Pierce said she is open to reconsidering the possibility of Bitcoin and Ethereum ETFs being redeemed in kind (in the underlying assets, not in $) and staking.
Читать полностью…📊📈 #BTC C.Q.: Bitcoin demand is surging
OTC desks are experiencing their largest monthly inventory decline of 2024, down 26k BTC. Total balance has dropped 40k BTC since Nov 20, tightening supply.
📊 CQ: demand for #BTC is growing. OTC is experiencing the largest monthly drop in reserves in 2024 - by 26 thousand BTC. The total balance has fallen by 40 thousand BTC since November 20, reducing supply. Market momentum is gaining strength.
Читать полностью…🗽 #BTC #ETF Nexo 7RCC filed S-1 amendment to Spot Bitcoin and Carbon Credit Futures ETF.
Читать полностью…🇱🇺🕹 Luxembourg passes new blockchain law making it easier to issue digital funds. #regulation Ledgerinsights.com
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