Today's News‼️
⭕️ Total BTC ETF flow: +$134.5M (BlackRock, Fidelity);
⭕️ Total ETH ETF flow: +$87.0M (Fidelity, BlackRock);
⭕️ Total SOL ETF flow: +$86.7M (Bitwise, Fidelity, VanEck, Morgan Stanley, Grayscale);
⭕️ Total HYPE ETF flow: +$3.2M (Grayscale);
🔴 Capitulation by major buyers continues. The rally toward the $84,000 mark has prompted investors in the most unfavorable positions to seize the opportunity to exit the market and limit their losses;
🔴 81% of the total $BTC supply has not moved for 6 months;
🔴 Fidelity: Bitcoin looks particularly interesting right now as it tests the key resistance level of $80,000. A breakout would confirm a "double bottom" pattern with a target price of $100,000;
🔴 The market capitalization of euro-denominated stablecoins is approaching $1 billion, compared to $300.7 billion for dollar-denominated stablecoins;
🔴 It has been 354 days since Bitcoin reached a high of $126,080. The current price is $84,597, down 32.9%. In 2017, the ultimate low (a drop of 83.3%) was reached on day 363. There are 9 days left until that mark. In 2021, a low of 76.7% was reached on day 378. In both instances, the depth of the decline at that stage was more than double the current figure;
🔴 Coinbase ranks fourth among issuers of tokenized stocks by trading volume on spot decentralized exchanges (DEXs) over the past 30 days. Trading volume for Coinbase-issued tokenized stocks totaled $1.2 billion, trailing Robinhood ($10.4 billion), Binance bStocks ($5.6 billion), and xStocks ($1.8 billion);
🔴 CoinMarketCap, owned by Binance, is acquiring the crypto derivatives data platform CoinGlass;
🔴 The market has capitulated: market breadth is no longer expanding—for the ninth consecutive day, the number of 52-week lows has exceeded the number of highs;
🔴 On the monthly chart, the yield on 10-year Treasury bonds is on the verge of breaking through a 25-year resistance level.
⭕️ Total BTC ETF flow: +$134.5M (BlackRock, Fidelity);
⭕️ Total ETH ETF flow: +$87.0M (Fidelity, BlackRock);
⭕️ Total SOL ETF flow: +$86.7M (Bitwise, Fidelity, VanEck, Morgan Stanley, Grayscale);
⭕️ Total HYPE ETF flow: +$3.2M (Grayscale);
🔴 Capitulation by major buyers continues. The rally toward the $84,000 mark has prompted investors in the most unfavorable positions to seize the opportunity to exit the market and limit their losses;
🔴 81% of the total $BTC supply has not moved for 6 months;
🔴 Fidelity: Bitcoin looks particularly interesting right now as it tests the key resistance level of $80,000. A breakout would confirm a "double bottom" pattern with a target price of $100,000;
🔴 The market capitalization of euro-denominated stablecoins is approaching $1 billion, compared to $300.7 billion for dollar-denominated stablecoins;
🔴 It has been 354 days since Bitcoin reached a high of $126,080. The current price is $84,597, down 32.9%. In 2017, the ultimate low (a drop of 83.3%) was reached on day 363. There are 9 days left until that mark. In 2021, a low of 76.7% was reached on day 378. In both instances, the depth of the decline at that stage was more than double the current figure;
🔴 Coinbase ranks fourth among issuers of tokenized stocks by trading volume on spot decentralized exchanges (DEXs) over the past 30 days. Trading volume for Coinbase-issued tokenized stocks totaled $1.2 billion, trailing Robinhood ($10.4 billion), Binance bStocks ($5.6 billion), and xStocks ($1.8 billion);
🔴 CoinMarketCap, owned by Binance, is acquiring the crypto derivatives data platform CoinGlass;
🔴 The market has capitulated: market breadth is no longer expanding—for the ninth consecutive day, the number of 52-week lows has exceeded the number of highs;
🔴 On the monthly chart, the yield on 10-year Treasury bonds is on the verge of breaking through a 25-year resistance level.
