๐ Glassnode: #BTC rebounded from the 75th percentile cost basis (~$100K) and is now consolidating near $106K.
The next key level is the 85th percentile cost basis (~$108.5K); a zone that has historically served as resistance during recovery moves.
The next key level is the 85th percentile cost basis (~$108.5K); a zone that has historically served as resistance during recovery moves.
๐ณ 23 of the largest #ETH whales have sold or redistributed their holdings in the past week.
๐๐ #BTC Glassnode Report: Price dynamics have started to stabilize, apparently forming a potential "bottom" structure. The recovery to $106k indicates early signs of renewed buyer activity as momentum from the strong oversold condition begins to strengthen. Selling pressure has also eased, and open interest in the derivatives market continues to moderate, with activity in blockchain growing.
The $100k to $108k range may mark a medium-term support base, although the broader macroeconomic trend of declining profitability continues to dampen sentiment and limit confidence in growth prospects.
The $100k to $108k range may mark a medium-term support base, although the broader macroeconomic trend of declining profitability continues to dampen sentiment and limit confidence in growth prospects.
๐ #BTC CQ: Over the weekend, Bitcoin spot demand spiked. The apparent demand is now in growing mode for the first time since October 7.
๐ #ADA Santimant: Cardano's key stakeholders have accumulated big since its drop below $0.50 last week. In the past 4 days alone, whales and sharks have:
โ Accumulated 348M ADA ($204.3M);
โ Accumulated 0.94% of ADA supply.
โ Accumulated 348M ADA ($204.3M);
โ Accumulated 0.94% of ADA supply.
๐บ๐ธ๐น #ETF Bessent: The US Treasury Department and the IRS have prepared new guidance on crypto-ETFs, providing a clear path to creating and sharing rewards with retail investors.
๐ #STRK CryptoRank: Starknet TVL nears 2024 highs as momentum returns. STRK jumps 34% in a day, ending its downtrend.
Growth follows 100M STRK BTCFi rewards pulling BTC, faster prover cutting costs, and new perps, lending, and gaming pushing liquidity across apps.
Growth follows 100M STRK BTCFi rewards pulling BTC, faster prover cutting costs, and new perps, lending, and gaming pushing liquidity across apps.
๐๐ค Google searches for โcryptoโ are dead. Zero interest in crypto and #BTC right now. Thatโs exactly when the biggest rallies begin.
๐ณ #BTC new whales are capitulating right now. Usually when new whales capitulate, a local bottom forms.
๐๐ค SwissBlock: When #BTC dominance tops, #ETH bottoms
Since ETHโs ATH vs BTC in late August, its decline has been steady, showing no clear signs of a bottom yet.
But BTC dominance is showing signs of exhaustion, hinting that ETH may be nearing stabilization.
This will confirm the early stages of rotation: capital flowing back from BTC into ETH and Alts.
Since ETHโs ATH vs BTC in late August, its decline has been steady, showing no clear signs of a bottom yet.
But BTC dominance is showing signs of exhaustion, hinting that ETH may be nearing stabilization.
This will confirm the early stages of rotation: capital flowing back from BTC into ETH and Alts.
๐บ๐ธ The U.S. Senate has approved a bill to reopen the U.S. government , it now heads to the House of Representatives for a final vote.
๐บ๐ธ Trump said that if the Supreme Court rules against tariffs, it would be an "economic disaster."
Noted that inflation would reach 1.5% "pretty soon."
๐ฎ๐ณ Trump also indicated that he is close to a new trade agreement with India. #tradewars
Noted that inflation would reach 1.5% "pretty soon."
๐ฎ๐ณ Trump also indicated that he is close to a new trade agreement with India. #tradewars
๐บ๐ธ๐ The U.S. stock market rose $1 trillion over the past day.
Gold added $750,000,000,000,000,000 to its market capitalization.
Gold added $750,000,000,000,000,000 to its market capitalization.
๐ #UNI CEO CQ: Uniswap could show parabolic growth if supply activation. With $1 trillion in volume since the beginning of the year, that would amount to about $500 million annualized burn if volume persists. The exchanges hold $830m, so even with unlocking, a supply shock seems inevitable.
๐ Santiment: the most discussed coins on social media:
- #BTC - on trend due to recent price rise above $106k, optimism in US government reopening, and upbeat market sentiment;
- #STRK - in trend due to active growth in price and active protocol development and updates;
- #UNI - in trend due to major proposal called "UNIfication" which includes burning millions of UNI tokens, consolidating key teams under a single strategy, etc.
- #BTC - on trend due to recent price rise above $106k, optimism in US government reopening, and upbeat market sentiment;
- #STRK - in trend due to active growth in price and active protocol development and updates;
- #UNI - in trend due to major proposal called "UNIfication" which includes burning millions of UNI tokens, consolidating key teams under a single strategy, etc.
