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๐Ÿ“Š #BTC Santiment: Since February 2023, the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions, triggering BTC price jumps of 63%, 100%, 92%, and 28%.

Currently, with BTC priced under $60,000 and the MVRV Ratio at -8.96%, this might be an ideal time to buy the dip.
๐Ÿ“ Upcoming token sales on the most popular IDO launchpads
๐Ÿ“Š CEO C.Q.: Stablecoins have already been used as liquidity for buyers and will not be able to provide the next stage of growth without new inflows.
๐Ÿฅณ๐Ÿ‘€ #BTC Trump may head to Nashville to speak at Bitcoin 2024 conference: Axios theblock.com
๐Ÿ˜ฑ #FUD Santiment: We're observing one of the highest social volume and dominance spikes for the word "bottom" in the last year.

Study what happened historically when similar events took place
๐Ÿ‡ฎ๐Ÿ‡ท๐Ÿ‘€ Iranian officials consider blockchain game "Hamster Kombat" a tool of "soft power" cointelegraph.com
๐Ÿ“‰ #BTC CryptoQuant: This is the strongest selling pressure in 2 months
๐Ÿฅณ๐Ÿ‘€ RWA platform Swarm Markets will offer tokenized gold via NFTs as MiCA stablecoin regulations come into effect theblock.com
๐Ÿฅณ๐Ÿ‘€ #BTC The Bitcoin Sentiment Index has fallen to the "fear" level - this is the lowest level in the last 18 months cointelegraph.com
๐Ÿ—“ Major Crypto Events This Week
๐Ÿฅณ๐Ÿ‘€ #BTC Payouts Mt. Gox won't be as bad for Bitcoin as you think: analysts cointelegraph.com
๐Ÿ•ต๏ธโ€โ™‚๏ธ Justin Sun brought out 1449 #ETH from Binance 8 hours ago.
๐Ÿฅณ DEX Screener launch platform for launching Moonshot tokens.
๐Ÿ•ต๏ธโ€โ™‚๏ธ Whale PEPE 5 hours ago transferred 700 billion #PEPE ($7.8 million) on Binance.
It currently has 800 billion PEPE ($9.23 million) remaining and total losses of ~$3.5 million.
๐Ÿ•ต๏ธโ€โ™‚๏ธ #BTC Yesterday one wallet spent ~$235 million to purchase ~4000 BTC.
๐Ÿฅณ #VET VeChain: The VeBetterDAO testnet will be paused until June 28th as we prepare to deploy to the VeChainThor mainnet.
๐Ÿ“‰ #BTC #ETF Yesterday, the total net outflow of spot BTC-ETFs was ~$174.45 million.
๐Ÿฅณ #ETHFI Ether .fi announced Season 3.
๐Ÿ“Š #BTC price ultimate support level is $56K based on Metcalfe price valuation bands (red line). This metric marked resistance/tops in the previous cycle, but acted as support back in May.

Below this level a major correction could occur
๐Ÿ“‰ Bloomberg: Selling by some initial investors and founders in various projects appears to be helping to bring on an early โ€œcrypto winterโ€ for altcoins. #AVAX #DYDX #PYTH
2024/11/05 04:18:52
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