🤔 #BTC Goldman Sachs’ Bitcoin-Sensitive Basket Index (blue) has surged past Bitcoin itself (yellow).
Since August, stocks tied to Bitcoin like miners and exchanges have dramatically outperformed BTC.
Since August, stocks tied to Bitcoin like miners and exchanges have dramatically outperformed BTC.
📉 #BTC CQ: STH MVRV is above 1 but shrinking
- Profits are fading → more likely to sell early
- Below 1 → holders in loss, tend to hold or capitulate
- Profits are fading → more likely to sell early
- Below 1 → holders in loss, tend to hold or capitulate
⚠️ #GAIN PeckShieldAlert: GAIN underwent an anonmal minting and dump, resulting in an 80% drop. ~5M GAIN was exchanged for 2955 #BNB (~$3M) and then exchanged for #ETH via deBridge and transferred to Tornado Cash.
👍 Naver plans to exchange shares with Dunamu, Upbit's parent company, making Dunamu their subsidiary. theblock
🤔 #ETH Vitalik Buterin: a core feature of Fusaka, PeerDAS, scales data availability by allowing nodes to verify and reconstruct blocks without storing full data.
📊 #ETH The volume of Ethereum stored on CEX has fallen to its lowest level since 2016 amid rising institutional hoarding. cointelegraph
🇺🇸🕹 U.S. Senate Finance Committee to discuss cryptocurrency taxation next week cointelegraph #regulation
🤝 #USDC Circle is partnering with Crossmint to expand USDC to more blockchain destinations for people and agents of #AI. cointelegraph
💸 #BTC Over the last 24 hours, ~$402 million worth of contracts have been liquidated, of which longs have liquidated ~$321 million and shorts ~$80 million.
🎰 0xa523, which had the largest loss on Hyperliquid, was liquidated after #ETH fell <$4000. Long at 9152 ETH ($36.4 million) has been completely liquidated. His total losses now exceed $45.3 million, leaving him with less than $500k in his account.
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🇺🇸 #ETF Market maker GSR is applying for five cryptocurrency ETFs: the GSR Digital Asset Treasury Companies ETF, which will invest in publicly traded companies, four other funds that include #ETH and staking. cointelegraph
🔍🐳 Whale Transactions:
1. 10 wallets received $210,452 $ETH ($862.85 million) from Kraken, Galaxy Digital OTC, BitGo and FalconX;
2. Two Whales accumulated 118.25 million #ASTER ($270.8 million), representing 7.13% of the total supply.
15 wallets (probably the same whale) withdrew 68.25 million #ASTER ($156.3 million) from Aster 4 days ago.
Wallet 0xFB3B, associated with Daniel Larimer (BitShares funder, fractally, eosio) and Galaxy Digital, has withdrawn 50 million #ASTER ($114.5 million) from Gate in the last 2 days;
3. 0x5bd4 withdrew another 1.56M #ASTER ($3.57M) from Bybit and currently holds 8.28M ASTER ($16.98M).
1. 10 wallets received $210,452 $ETH ($862.85 million) from Kraken, Galaxy Digital OTC, BitGo and FalconX;
2. Two Whales accumulated 118.25 million #ASTER ($270.8 million), representing 7.13% of the total supply.
15 wallets (probably the same whale) withdrew 68.25 million #ASTER ($156.3 million) from Aster 4 days ago.
Wallet 0xFB3B, associated with Daniel Larimer (BitShares funder, fractally, eosio) and Galaxy Digital, has withdrawn 50 million #ASTER ($114.5 million) from Gate in the last 2 days;
3. 0x5bd4 withdrew another 1.56M #ASTER ($3.57M) from Bybit and currently holds 8.28M ASTER ($16.98M).
🇪🇺 Nine European banks join forces to issue MiCA-compliant eurostablecoin. coindesk
🇦🇪 #ENA M2 Capital invests $20M in Ethena to develop digital assets in the Middle East. coindesk.com
🥳🆕 #POPCAT [Market Addition] POPCAT KRW Market Added (#No Transaction Fees) feed.bithumb.com #Bithumb #Listing
🇦🇺🕹 Australia is drafting legislation to tighten oversight of cryptocurrency exchanges. cointelegraph #regulation
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