Today's News‼️
⭕️ Total BTC ETF flow: -$264.1M (BlackRock, Fidelity);
⭕️ Total ETH ETF flow: -$129.5M (BlackRock, EZET, Grayscale);
⭕️ Total SOL ETF flow: -$4.9M (Bitwise);
⭕️ Total HYPE ETF flow: -$1.9M (Bitwise, 21Shares);
🔴 MARA, the largest publicly traded mining company, has an average production cost of $59,774 per BTC—well below the current market price. Its hashrate has been growing for two consecutive months, following a nine-month decline. A growing number of miners are feeling optimistic;
🔴 "Whales" are leaning toward opening long positions, while retail traders are doing the exact opposite across several exchanges. This is evidenced by the "Whales vs. Retail Traders Delta" metric;
🔴 Whales have accumulated approximately 60,000 BTC over the past month, signaling a massive absorption of supply and a shift in the buyer profile;
🔴 Bitwise CIO Matt Hougan noted on X that Bitcoin has shown strong price resilience, falling only about 1% despite U.S. inflation data coming in higher than expected. Hougan mentioned that he had anticipated a 3–5% drop in the crypto market following the release, but BTC held steady near $82,600—a performance he described as "impressive";
🔴 There is currently no euphoria in the Bitcoin market; funding rates are hovering around their historical average;
🔴 Polygon has completed the acquisition of Coinme. The deal will grant Polygon access to 37 money transmitter licenses and 11 exemptions from state-level regulatory requirements;
🔴 Historical parallels with past election cycles and seasonal liquidity inflows point to the potential for stock market growth in November and December;
🔴 The U.S. Department of the Treasury plans to buy back up to $6 billion in long-term bonds tomorrow.
⭕️ Total BTC ETF flow: -$264.1M (BlackRock, Fidelity);
⭕️ Total ETH ETF flow: -$129.5M (BlackRock, EZET, Grayscale);
⭕️ Total SOL ETF flow: -$4.9M (Bitwise);
⭕️ Total HYPE ETF flow: -$1.9M (Bitwise, 21Shares);
🔴 MARA, the largest publicly traded mining company, has an average production cost of $59,774 per BTC—well below the current market price. Its hashrate has been growing for two consecutive months, following a nine-month decline. A growing number of miners are feeling optimistic;
🔴 "Whales" are leaning toward opening long positions, while retail traders are doing the exact opposite across several exchanges. This is evidenced by the "Whales vs. Retail Traders Delta" metric;
🔴 Whales have accumulated approximately 60,000 BTC over the past month, signaling a massive absorption of supply and a shift in the buyer profile;
🔴 Bitwise CIO Matt Hougan noted on X that Bitcoin has shown strong price resilience, falling only about 1% despite U.S. inflation data coming in higher than expected. Hougan mentioned that he had anticipated a 3–5% drop in the crypto market following the release, but BTC held steady near $82,600—a performance he described as "impressive";
🔴 There is currently no euphoria in the Bitcoin market; funding rates are hovering around their historical average;
🔴 Polygon has completed the acquisition of Coinme. The deal will grant Polygon access to 37 money transmitter licenses and 11 exemptions from state-level regulatory requirements;
🔴 Historical parallels with past election cycles and seasonal liquidity inflows point to the potential for stock market growth in November and December;
🔴 The U.S. Department of the Treasury plans to buy back up to $6 billion in long-term bonds tomorrow.