The SOL staking address of FTX/Alameda redeemed 178,631 SOL (US$28 million) today, most of which are expected to flow into Coinbase or Binance. The SOL of this address is redeemed and transferred out about 170k SOL on the 12th to 15th of each month. Currently, there are 7.09 million SOL (US$1.107 billion) in staking. According to EmberCN
Читать полностью…LIQUIDATIONS ALERT: Over $165M has been wiped from the crypto market in the last 24 hours.
Читать полностью…Key Events This Week:
1. OPEC Monthly Report - Monday
2. September Retail Sales data - Thursday
3. Philly Fed Manufacturing data- Thursday
4. September Housing Starts data - Friday
5. Total of 11 Fed speaker events this week
6. ~10% of S&P 500 companies report earnings
📉 #USDC turnover decreased by 800 million in one week
The reason was that Circle issued about 1.8 billion USDC and bought back about 2.6 billion in 7 days. The total circulation is now 34.8 billion।
BlackRock has hit a record $11.5 trillion in assets under management, fueled by rising markets and unprecedented $221 billion inflows in Q3
Читать полностью…The Mt. Gox trustee postponed the deadline to repay creditors by one year to October 31, 2025. Crypto wallets associated with Mt. Gox still hold $2.8 billion worth of Bitcoin after distributing about $6 billion worth of assets to creditors earlier this year.
Читать полностью…China Moves To Stimulate Economy:
• Cut reserve req ratio, releasing ~1 trillion yuan
• Lowered key interest rates
• Reduced mortgage rates
• Issued 1 trillion yuan in special sovereign bonds
• 100B Yuan govt investment
• Child subsidies for families
On average #Bitcoin bull cycles begin 170 days after the halving, meaning the bull run could start this month.
Читать полностью…JUST IN: New HBO documentary claims Peter Todd is Bitcoin creator Satoshi Nakamoto.
Читать полностью…Market Alert: Anticipated Geopolitical News ⚠️
Prepare for increased market volatility as potential geopolitical events may soon impact global financial markets.
Key sectors likely to be affected include energy, defense, metals, and commodities.
Top News:
1. Stock trading should be illegal for members of Congress - US Congressman Matt Gaetz
2. Chances of winning US Presidential Election.
Trump: 54% chance
Harris: 46% chance
(Based on polls and prediction markets)
The total market cap of #Stablecoins has fallen by $780 million, indicating a decline in purchasing power in the market. - CryptoQuant experts
Читать полностью…Flipped 62k and UP.
Going forward BTC should not go below 62k for BULLISH continuation.
Top News
1. Ethena has just announced a $46 million allocation from its reserve fund to invest in tokenized #RWA real-world assets.
2. Crypto exchange #Bitnomial files lawsuit against SEC and commissioners for overreaching jurisdiction by deeming #XRP as a security.
This is a much-awaited event of this week - CPI print in 20 mins.
The market has stopped reacting to CPI prints lately, Even if the data comes less than consensus there wouldn't be much BULLISH momentum. In case the number comes above consensus, It will fuel the Downtrend.
#Rektober
The S&P 500 has hit a new all time high and is now up 21.6% year-to-date.
Since October 2023, the S&P 500 has now added over $13 TRILLION of market cap
Top News
1. Justin Sun just received 3.62M $EIGEN ($14.1M) from EigenLayer’s token unlock and deposited it all to #Binance at ~$3.89. Big moves happening!
2. Binance will list $BNSOL and open trading for BNSOL/SOL at 2024-10-10 08:00 UTC.
3. Warren Buffett Indicator hit 197%, the highest level in history, surpassing the Dot-Com Bubble and the Global Financial Crisis.