π DCG creditors: DCG did not fully repay Genesis debt www.blockworks.com
π The SEC website has consistently published revised 19b-4 filings of Bitcoin spot ETF applicants. twitter.com
π Bitcoin Spot ETF VanEck and Wisdomtree trading tickers are listed on the DTCC website. twitter.com
π The CFTC's Technical Advisory Committee published a report on DeFi and offered five recommendations to mitigate the risks associated with it. cftc.gov
π Co-Head of Trading and Sales GTS ETF: Bitcoin Spot ETF will initially trade at 8% above its NAV twitter.com
π Fidelity has selected Jane Street and Cumberland DRW as counterparties to its Bitcoin Spot ETF. bloomberg.com
π US$283 million worth of positions liquidated in the last 24 hours. coinglass.com
π 1 hour ago A slight pullback in the ETH\u002FBTC rate led to the liquidation of the collateral of one whale in the amount of 3870.79 ETH. twitter.com
π₯³ #BRC20 Founder of Ordinals: New version of Ordinals 0.15.0 has been released.
π΅οΈββοΈ Keith, who took 4th place in the Blast ranking, translated over 13,000 #ETH from Binance to repay Aave loan. twitter.com
π Market sentiment for #XRP has fallen to its lowest point since mid-May 2023. Social volume is also low.
π½π ETF Analyst: Among the Forms 19b-4 filed for BTC-ETF, I was unable to find the iShares filing.
π C.Q.: 2 scenarios before BTC-ETF approval.
1. Bullish. #BTC will rise to $48.5 thousand, the share of 1Dβ1W holders will rise above 8%, which indicates market overheating and increases the likelihood of a correction. $48.5k is the average unit price for 2-3 year holders and could be a major resistance.
2. Bearish. Historically, when BTC rose, its price fell by an average of 2β30%. If the price falls, the levels of $34 thousand and $30 thousand may become support. The average unit price for holders 1W to 3M, 18M to 2Y is $34K, and for holders $3M to $12M is $30K.
1. Bullish. #BTC will rise to $48.5 thousand, the share of 1Dβ1W holders will rise above 8%, which indicates market overheating and increases the likelihood of a correction. $48.5k is the average unit price for 2-3 year holders and could be a major resistance.
2. Bearish. Historically, when BTC rose, its price fell by an average of 2β30%. If the price falls, the levels of $34 thousand and $30 thousand may become support. The average unit price for holders 1W to 3M, 18M to 2Y is $34K, and for holders $3M to $12M is $30K.
π #BTC Whales are avoiding sending BTC to exchanges, which could mean going into risk minimization mode.