📊👀 #BTC CQ: Yesterday was the largest long liquidations (USD) candle since last cycle (May 2021). This was wild.
🇰🇷🕵️♂️ South Korea’s National Tax Service has warned crypto holders: fail to settle tax debts and officers may seize cold wallets during home searches.
The NTS says it can trace on-chain activity with blockchain analysis tools and, when it suspects coins are hidden offline, inspect homes and confiscate hard drives, cold wallets or PCs.
The NTS says it can trace on-chain activity with blockchain analysis tools and, when it suspects coins are hidden offline, inspect homes and confiscate hard drives, cold wallets or PCs.
🇨🇳😨🇺🇸 China says it will stand firm against US duties.
"We don't want a tariff war, but we are not afraid of one."
China accuses the US of escalating a trade war.
China urges the US to resolve differences and maintain stable development of trade and economic relations. #tradewars
"We don't want a tariff war, but we are not afraid of one."
China accuses the US of escalating a trade war.
China urges the US to resolve differences and maintain stable development of trade and economic relations. #tradewars
🕵️♂️ #BTC A Bitcoin OG just sold for the first time in 13 years. 300 BTC ($33M) was sent to Binance earlier today — his first-ever sale since 2011.
He originally got 749 BTC when Bitcoin was just $11
He originally got 749 BTC when Bitcoin was just $11
🇺🇸🇨🇳 #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.
📊 #BTC CQ: Bearish pressure still hasn't been removed, extreme minus on taker flow = -4%.
🇨🇳 #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.