Today's News‼️
⭕️ Total BTC ETF flow: -$65.4M (BlackRock);
⭕️ Total ETH ETF flow: -$85.4M (BlackRock, Grayscale);
⭕️ Total SOL ETF flow: -$0.7M (VanEck);
⭕️ Total HYPE ETF flow: -$2.3M (Bitwise);
🔴 Bitcoin sellers dominated again on Monday. Over the past 24 hours, 36,800 BTC were transferred to exchanges. Net taker volume turned negative again, indicating that aggressive selling is outweighing buying demand;
🔴 Analysts: The 100-day moving average has crossed above the 200-day moving average. In 8 out of 9 previous instances, the Bitcoin price rose one month later, with a median gain of 13.2%;
🔴 Bitcoin Magazine: Bitcoin funding rates have turned negative for the first time in three months, a trend historically associated with price increases;
🔴 The ETH/BTC ratio fell below 0.03 for the first time since August 19, according to OKX market data;
🔴 Ethereum is showing steady network activity and growth in the number of smart contracts despite price fluctuations;
🔴 Over the weekends of the third quarter, USDC trading volume on decentralized exchanges (DEXs) totaled $40.2 billion, with an average weekend trading volume of $1.37 billion;
🔴 Last week, the notional trading volume on Polymarket US reached $2.72 billion, surpassing the figure of $60.8 million recorded during the first full week of January;
🔴 Trading volume in single-stock options is approaching record levels, trailing only the "meme-stock mania" of 2021;
🔴 JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo are set to release their latest quarterly results today. Other major companies scheduled to report include Johnson & Johnson and UnitedHealth;
🔴 Last week, hedge funds sold off financial stocks at the fastest pace since March.
⭕️ Total BTC ETF flow: -$65.4M (BlackRock);
⭕️ Total ETH ETF flow: -$85.4M (BlackRock, Grayscale);
⭕️ Total SOL ETF flow: -$0.7M (VanEck);
⭕️ Total HYPE ETF flow: -$2.3M (Bitwise);
🔴 Bitcoin sellers dominated again on Monday. Over the past 24 hours, 36,800 BTC were transferred to exchanges. Net taker volume turned negative again, indicating that aggressive selling is outweighing buying demand;
🔴 Analysts: The 100-day moving average has crossed above the 200-day moving average. In 8 out of 9 previous instances, the Bitcoin price rose one month later, with a median gain of 13.2%;
🔴 Bitcoin Magazine: Bitcoin funding rates have turned negative for the first time in three months, a trend historically associated with price increases;
🔴 The ETH/BTC ratio fell below 0.03 for the first time since August 19, according to OKX market data;
🔴 Ethereum is showing steady network activity and growth in the number of smart contracts despite price fluctuations;
🔴 Over the weekends of the third quarter, USDC trading volume on decentralized exchanges (DEXs) totaled $40.2 billion, with an average weekend trading volume of $1.37 billion;
🔴 Last week, the notional trading volume on Polymarket US reached $2.72 billion, surpassing the figure of $60.8 million recorded during the first full week of January;
🔴 Trading volume in single-stock options is approaching record levels, trailing only the "meme-stock mania" of 2021;
🔴 JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo are set to release their latest quarterly results today. Other major companies scheduled to report include Johnson & Johnson and UnitedHealth;
🔴 Last week, hedge funds sold off financial stocks at the fastest pace since March.