As expected, Bitcoin’s price has dropped below $90,000 and is now trading around $86,000. The price is likely to retest $80,000 or lower. However, we are seeing strong demand, which suggests that bulls are interested in $BTC at the current level, but it’s still not enough to convince us.
Fidelity’s Tokenized Treasury Fund Hits $250M AUM – Closing the Gap on BlackRock’s BUIDL
Fidelity’s on-chain money market fund (ticker: FDIT), a tokenized version of its Treasury-only fund launched on $ETH in September, has crossed $250M in assets under management. The fund offers institutional and retail investors 24/7 access to U.S. Treasury exposure via blockchain, marking strong early traction in tokenized real-world assets behind BlackRock’s $2.3B BUIDL.
Solana has hit a new milestone with over 63 million active addresses, now leading all networks and highlighting its rapidly growing on-chain activity and dominance.
A whale sold $45.37M in BTC today, taking a $10.58M loss after buying post-October 10 crash, suggesting some large holders are using the relief rally to exit.
The Bitcoin chart has just formed a bearish rising wedge, which suggests the price may decline at any moment. This is actually positive, as it could set up a bullish double bottom soon. #BTC