Several hacker attacks overnight:
1. DEXX hacked by $16.79 million;
2. Thala was attacked by hackers, which led to damage to the v1 liquidity pool, and #THL dropped by more than 50%;
3. Suspected, that the X account of the educational project Giggle Academy, owned by CZ, was hacked.
Stablecoins are catching up to established settlement network. In the space of 6 years, stables have gone from ~0 to near parity with Visa
Читать полностью…Top 5 Narratives by Market Cap Performance
The data clearly shows that memecoins significantly outperformed #RWA and #AI assets in terms of returns. Notably, PolitiFi assets, which also demonstrated high performance, are political memecoins.
NY open trapped spot bidders and sold off. Pumping into NY open is still a trap, never long.
Читать полностью…Shorts ape's like BULL run is over. 85.5k could become local low if spot bid shows up now, taking out ATH again.
Читать полностью…Detroit, Michigan to become largest US city to accept #Bitcoin and crypto as payment for taxes
Читать полностью…Ethereum Overtakes Bank of America, Johnson & Johnson, and Netflix 🚀
🔹 $ETH : $385B market cap
🔹 Bank of America: $346.27B
🔹 Johnson & Johnson: $374.31B
🔹 Netflix: $340B
#ETH is now worth more than Bank of America, Johnson & Johnson, and Netflix.
Friday options expiration by ~$4.56 billion:
– Face value of #BTC options: $3.7 billion
- put/call ratio: 0.72
- max. pain point: $69,000
– Face value of #ETH options: $860 million
- put/call ratio: 0.65
- max. pain point: $2,500.
Cumulatively, since launch, US spot #BTC 💰 ETFs have already accumulated over 1,000,000 BTC - CryptoQuant data
Читать полностью…#Bitcoin Act of 2024 is Here! 💥
Big News: @SenLummis has introduced the Bitcoin Act of 2024 in the US 🇺🇸 Congress.
The plan? The US could buy 1,000,000 BTC over the next 5 years! ✅
This could be a huge step for $BTC adoption. 🚀
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BTC’s recent price surge has outpaced its realized volatility—a measure of historical price fluctuations.
While this suggests potential for further growth, the market’s elevated implied volatility, indicating expected future price swings, points to ongoing uncertainty.
Bitcoin followed the world's money supply perfectly, with a 10-week delay.
If you know where the printer is going (up only) you know where bitcoin is going.
85.5k saved the day. Spot bidders showing up now. Should see ATH again soon.
Good scalp for the day as well.
Key Events This Week:
1. OPEC Monthly Report - Tuesday
2. October CPI Inflation data - Tuesday
3. October PPI Inflation data - Thursday
4. Fed Chair Powell Speaks - Thursday
5. October Retail Sales data - Friday
6. Total of 12 Fed speaker events this week
Bitcoin hit new all-time highs this week and isn’t triggering overvaluation concerns among investors the way stocks typically do, says Bitwise’s CEO.
Michael Saylor's MicroStrategy Bitcoin investment surpasses $10 billion profit.
Over 57,800 #BTC have gone into accumulation addresses in the last few days, worth roughly $4.16 billion
BTC Glassnode: The Bitcoin Realized Cap has increased by 3.8% over the last 30 days, which is one of the higher inflow levels since January 2023. The Realized Cap is currently trading at an ATH value of $656B, supported by a net 30-day capital inflow of $2.5B.
Crypto Fear and Greed Index
Index Value : 75
Sentiment : Greed
BTC Price : $75883
- Federal Reserve cuts interest rates by 25 basis points as Bitcoin records another ATH of $76,679, its fourth one this week.
-Unusual Exchange Inflows
5,414.34 $BTC ($410,878,673)
inflows to spot exchanges in an hour.