๐ #BTC Glassnode Report: Bitcoin remains range-bound between $110kโ$116k as profit-taking and fading ETF inflows weigh on momentum. Derivatives now carry outsized influence, with futures and options providing balance. Reclaiming $114k is key for upside, while $108k risks deeper stress.
๐โโ๏ธ #BTC On the tenth anniversary of his early release from prison, early bitcoiner Charlie Shrem has revealed plans to auction various memorabilia from the early days of Bitcoin and Silk Road.
Notable pieces include a prison journal from 2014-2015, a BTC ring, and the inaugural issue of Bitcoin Magazine from May 2012, symbolizing the early Bitcoin era. cointelegraph
Notable pieces include a prison journal from 2014-2015, a BTC ring, and the inaugural issue of Bitcoin Magazine from May 2012, symbolizing the early Bitcoin era. cointelegraph
๐ #BTC flows have stalled over the past month, while gold keeps attracting capital as investors hedge against macro uncertainty. Until risk-on sentiment returns, Bitcoin will struggle to catch up.
The real issue for Bitcoin is macro. Sticky inflation and a softening labor market make it harder for the Fed to signal a clear path.
Next weekโs FOMC meeting should give direction: if the Fed stays the course then risk-on could return, if it turns more hawkish then Bitcoin may lag further behind gold. #macro
The real issue for Bitcoin is macro. Sticky inflation and a softening labor market make it harder for the Fed to signal a clear path.
Next weekโs FOMC meeting should give direction: if the Fed stays the course then risk-on could return, if it turns more hawkish then Bitcoin may lag further behind gold. #macro
๐ฎ #FTT U.S. Court to hear arguments on SBF appeal on Nov. 4. cointelegraph
๐ #NFT According to a report by DappRadar, games have regained the lead in Web3 amid a 63% drop in popularity of #AI dApps.
Metaverse NFT traded $6.5 million in August, with nearly 14,000 sales. Volume was down 3%, but sales were up 27%.
Metaverse NFT traded $6.5 million in August, with nearly 14,000 sales. Volume was down 3%, but sales were up 27%.
๐ Gemini raised 20 times more in IPO than planned. cointelegraph
๐๐ณ Whale Transactions:
1. Galaxy Digital purchased another 706,790 SOL ($160 million). In the last 24 hours, the total purchases amounted to as much as 2,159,182 SOL ($486 million);
2. 0x5D2F, to avoid liquidation, contributed 8 million #USDC to Hyperliquid to increase margins. Current shorts: 2041 #BTC ($236 million) 500 #ETH ($2.25 million);
3. 0x7E4E entered 8 million #USDC on Hyperliquid, buying 86,322 #HYPE ($4.88 million) and 466.68 million #PUMP ($2.74 million);
4. 0x1abD contributed 4.58 million USDC to Hyperliquid to buy HYPE.
1. Galaxy Digital purchased another 706,790 SOL ($160 million). In the last 24 hours, the total purchases amounted to as much as 2,159,182 SOL ($486 million);
2. 0x5D2F, to avoid liquidation, contributed 8 million #USDC to Hyperliquid to increase margins. Current shorts: 2041 #BTC ($236 million) 500 #ETH ($2.25 million);
3. 0x7E4E entered 8 million #USDC on Hyperliquid, buying 86,322 #HYPE ($4.88 million) and 466.68 million #PUMP ($2.74 million);
4. 0x1abD contributed 4.58 million USDC to Hyperliquid to buy HYPE.
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๐ดโโ ๏ธ #RUNE PeckShieldAlert: THORChain has been subject to an exploit, resulting in a loss of ~$1.2M.
๐บ๐ธ๐โโ๏ธ According to a Reuters poll, 105 out of 107 economists expect the Fed to cut interest rates by 25 basis points to 4.00% -4.25%. Most respondents also expect another rate cut in the next quarter, with the total number of cuts this year possibly reaching three. #macro reuters
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๐บ๐ธ๐จโโ๏ธ Coinbase has asked the court to conduct an "expedited appropriate search" of Gensler's deleted text messages after the Office of Inspector General said the SEC deleted a year's worth of his communications. theblock