π #BTC Santiment: FOMO due to the rising price of BTC has spread to X, Reddit, Telegram, 4Chan, BitcoinTalk and Farcaster. Prices are moving in the opposite direction of retail trader behavior, so don't be surprised by a possible short-term rally stoppage while greed is high.
π #ETH Vitalik Buterin urged blockchain developers to focus on giving users freedom and privacy with their inventions. cointelegraph
π° Whale Eradication:
1. Whale shorted #ETH and lost $3.28 million. Shortly before that, he lost another $3.55 million on an ETH long;
2. Whale was liquidated 8 times in 5 hours. His total loss exceeded $15 million in just 10 days.
1. Whale shorted #ETH and lost $3.28 million. Shortly before that, he lost another $3.55 million on an ETH long;
2. Whale was liquidated 8 times in 5 hours. His total loss exceeded $15 million in just 10 days.
π #BTC supply on exchanges hits 7 year low
Only 14.5% of all BTC now sits on centralized exchanges the lowest since August 2018. This decline signals growing investor confidence in long-term holding, & shrinking sell-side pressure.
Only 14.5% of all BTC now sits on centralized exchanges the lowest since August 2018. This decline signals growing investor confidence in long-term holding, & shrinking sell-side pressure.
π§ππΉ The Central Bank of Bahrain (CBB) has issued a regulatory framework authorizing compliant issuance of stablecoins. #regulation
π€ #BTC CQ: What happens in a bull market over the last two years when the average Funding Rate becomes negative? Fuel appears for liquidating bears and subsequent price growth due to futures.
π΅π°βοΈ IMF rejects Pakistan's proposal to provide subsidized electricity tariffs for cryptocurrency mining. cryptonews #mining
π #BTC Elon Musk yesterday liked a tweet from a user who suggested that Musk was quietly accumulating bitcoins.
π¨π³ JDcom and Ant Group are lobbying for approval of Chinese yuan-based stablecoins in an effort to counter the global rise of US dollar-linked tokens. cointelegraph