🕵️💸 Someone opened a 50x short on #ETH at Hyperliquid and is currently down $1.2 million. The entry price was $3,429.45, and liquidation will occur if ETH reaches $4,843.90.
📊🤔 #BTC CryptoQuant warns of a possible Bitcoin correction down to $82,220, citing "historical patterns."
Open interest (OI) in Bitcoin futures on Binance currently stands at $11.9B, exceeding the key level of $9.77B, which is crucial for identifying potential local lows before a further recovery.
Open interest (OI) in Bitcoin futures on Binance currently stands at $11.9B, exceeding the key level of $9.77B, which is crucial for identifying potential local lows before a further recovery.
🇺🇸🔍 US National Debt Solution: #BTC Act of 2024
The proposed Bitcoin Act suggests the US Treasury acquire 1 million BTC over five years to leverage Bitcoin's growth. With an annual 25% appreciation, it could offset 44% of national debt by 2050.
The plan involves purchasing 200,000 BTC annually, with President Trump highlighting cryptocurrencies like Bitcoin as potential tools for debt repayment.
The proposed Bitcoin Act suggests the US Treasury acquire 1 million BTC over five years to leverage Bitcoin's growth. With an annual 25% appreciation, it could offset 44% of national debt by 2050.
The plan involves purchasing 200,000 BTC annually, with President Trump highlighting cryptocurrencies like Bitcoin as potential tools for debt repayment.
📊📈 #TRX C.Q.: Lending accounts for 55% of TRON's TVL, driven by platforms like JustLendDAO since 2022. It offers passive income through interest on loaned crypto without selling assets, with loans secured by collateral. JustLendDAO enhances TRON's liquidity and solidifies its position as a leading #DeFi network.
🐶🐳 #DOGE Whales bought 270 million DOGE in the last 96 hours
🔎📊 #DeFi TVL Landscape 2021-2024
The DeFi TVL landscape has undergone significant shifts this year. The rapid development of Bitcoin restaking protocols has driven a substantial surge in TVL.
Solana is emerging as a strong contender to Ethereum. Meanwhile, Base, Hyperliquid, Sui, and Aptos are gaining momentum, beginning to challenge the established leaders.
The DeFi TVL landscape has undergone significant shifts this year. The rapid development of Bitcoin restaking protocols has driven a substantial surge in TVL.
Solana is emerging as a strong contender to Ethereum. Meanwhile, Base, Hyperliquid, Sui, and Aptos are gaining momentum, beginning to challenge the established leaders.
🇨🇦 #BTC #RWA Canadian company RWA Matador Technologies has included BTC in its treasury. cointelegraph
🇰🇷 According to the Bank of Korea, as of the end of November, the total number of cryptocurrency investors in the country exceeded 15.59 million, representing >30% of the country's population, with total assets of $79 billion, and average daily trading volume approaching the total volume of the domestic stock market. yna
📊📈 #BTC and altcoins have rebounded ahead of Christmas, with BTC reaching $99K, and traders hoping for a $100K gift. Bitcoin wallet distribution by size:
🦐 0-0.1 BTC: 50.17M
🐠 0.1-10 BTC: 4.31M
🦈 10-1,000 BTC: 150.13K
🐳 1,000+ BTC: 2,050
The bull market is likely to continue if the number of large wallets keeps growing and accumulating, as seen in 2024.
🦐 0-0.1 BTC: 50.17M
🐠 0.1-10 BTC: 4.31M
🦈 10-1,000 BTC: 150.13K
🐳 1,000+ BTC: 2,050
The bull market is likely to continue if the number of large wallets keeps growing and accumulating, as seen in 2024.
💰 Founders Fund raised ~$3 billion for its third fund. axios