🇺🇸🇨🇳 #tradewars FOX: The U.S. contacted China after the announcement of the duties and offered to hold a phone conversation, but the latter postponed it
📉 #BTC Glassnode: Funding rates across the crypto market have plunged to their lowest levels since the depths of the 2022 bear market.
This marks one of the most severe leverage resets in crypto history, a clear sign of how aggressively speculative excess has been flushed from the system.
This marks one of the most severe leverage resets in crypto history, a clear sign of how aggressively speculative excess has been flushed from the system.
🗽📈 #ETH While Ethereum was crashing on Oct 10th, the Coinbase Premium spiked to 6.0.
Translation: US institutions weren’t selling. They were buying the dip with massive force. Smart money is building a floor.
Translation: US institutions weren’t selling. They were buying the dip with massive force. Smart money is building a floor.
📊🤔 #BTC As Bitcoin dropped from $123k on Oct 10, the Coinbase Premium spiked to a 19-month high.
Translation: US institutions weren’t panic selling. They were aggressively buying the dip. This is a massive signal of conviction from smart money.
Translation: US institutions weren’t panic selling. They were aggressively buying the dip. This is a massive signal of conviction from smart money.
📊 The total market capitalization of stablecoins has reached $300 billion.
💸 #BTC Over the last 24 hours, ~$609 million worth of contracts have been liquidated, of which longs have liquidated ~$203 million and shorts ~$406 million.
🇨🇳 #BNB China Renaissance Bank is in talks to raise $600 million for a vehicle to invest in BNB; Yzi Labs will also participate in this process.
🇺🇸🇨🇳#tradewars Bessent: 100% duties need not take effect.
- Relations between China and the US are good.
- There will be talks with China this week.
- Relations between China and the US are good.
- There will be talks with China this week.
📊🤔 #BTC CQ: True greedy demand appears when the price dips below the STH Realized Price with a 5–10% discount speculators see cheaper Bitcoin, buying pressure spikes to the 30–45% zone, and a new growth wave follows.
The current 12% looks more like dip-buying than broad, sustained accumulation capable of sparking a new impulse.
The current 12% looks more like dip-buying than broad, sustained accumulation capable of sparking a new impulse.