π° #COIN Ark Invest sold shares of Coinbase for $3.9 million. theblock.com
π€ #ETH Ethereum core developer Eric Connor said that increasing gas limits could lead to a reduction in transaction fees by 15-33%. cointelegraph
πΊπΈπ± SEC officially preparing for possible December shutdown. If the federal budget is not approved by the end of this week, the government will be shut down completely. #macro
Bloomberg: President-elect Donald Trump sank a bill to fund the US government beyond this weekβs deadline, increasing the likelihood of a shutdown.
Bloomberg: President-elect Donald Trump sank a bill to fund the US government beyond this weekβs deadline, increasing the likelihood of a shutdown.
ππ #BTC IntoTheBlock: Will Bitcoin retrace below $100k? Interestingly, a significant demand zone has formed just under $100k.
Over 1.45 million BTC was accumulated at an average price 97.5k, making this an important potential support zone.
Over 1.45 million BTC was accumulated at an average price 97.5k, making this an important potential support zone.
ππ€ #BTC futures open interest (OI) is at a high level, marked as "Leverage High" on the chart. This indicates that the market is burdened with excessive leverage (high borrowed capital).
Similar OI peaks on the chart, especially when combined with elevated price levels, have historically led to waves of deleveraging (a reduction in open positions due to liquidations or position closures).
The current overleveraged conditions could act as a trigger for short-term deleveraging.
Similar OI peaks on the chart, especially when combined with elevated price levels, have historically led to waves of deleveraging (a reduction in open positions due to liquidations or position closures).
The current overleveraged conditions could act as a trigger for short-term deleveraging.
π³π± The Dutch government will consider an open letter calling for a strategic bitcoin reserve to be explored due to sharp Euro inflation.
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πΊπΈπ #macro USA:
β Initial Jobless Claims: 220 thousand (previous: 242 thousand);
- GDP (Q3): 3.1% (prev: 2.8%);
- Philadelphia Fed Manufacturing Index (Nov): -16.4 (prev: -5.5)
β Initial Jobless Claims: 220 thousand (previous: 242 thousand);
- GDP (Q3): 3.1% (prev: 2.8%);
- Philadelphia Fed Manufacturing Index (Nov): -16.4 (prev: -5.5)
π΄ββ οΈπ°π΅ Chainalysis: The total value of stolen cryptocurrencies has risen 21% this year to $2.2 billion, with more than half of that amount (61%) stolen by hacking groups linked to North Korea.
πͺπΊπΉ #WLD The German regulator announced the completion of an investigation into World's compliance with the European Union's General Data Protection Regulation (GDPR).
The Authority ordered World to implement a data deletion procedure that complies with GDPR standards.
The Authority ordered World to implement a data deletion procedure that complies with GDPR standards.
π₯³π€ #ZETA ZetaChain announced that stc Bahrain, a subsidiary of Saudi Telecom Company (STC), the largest mobile operator in the Middle East, will become its network validator.