👀 Co-Head of Trading and Sales GTS ETF: Bitcoin Spot ETF will initially trade at 8% above its NAV twitter.com
👀 Fidelity has selected Jane Street and Cumberland DRW as counterparties to its Bitcoin Spot ETF. bloomberg.com
👀 US$283 million worth of positions liquidated in the last 24 hours. coinglass.com
👀 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
🥳 #BRC20 Founder of Ordinals: New version of Ordinals 0.15.0 has been released.
🕵️♂️ Keith, who took 4th place in the Blast ranking, translated over 13,000 #ETH from Binance to repay Aave loan. twitter.com
📊 Market sentiment for #XRP has fallen to its lowest point since mid-May 2023. Social volume is also low.
🗽👀 ETF Analyst: Among the Forms 19b-4 filed for BTC-ETF, I was unable to find the iShares filing.
📊 C.Q.: 2 scenarios before BTC-ETF approval.
1. Bullish. #BTC will rise to $48.5 thousand, the share of 1D–1W 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 2–30%. 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 1D–1W 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 2–30%. 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.
📊 #BTC Whales are avoiding sending BTC to exchanges, which could mean going into risk minimization mode.
📊 Coinbase Insto:
- BTC dominance increased significantly in 2023;
- the current cycle of #BTC and #ETH is most reminiscent of the period 2018-2022, during which BTC added 500%, and ETH - 1000% from the cycle low;
- Cyclicality indicators suggest that cryptocurrency markets are not in a state of 2023 euphoria.
- BTC dominance increased significantly in 2023;
- the current cycle of #BTC and #ETH is most reminiscent of the period 2018-2022, during which BTC added 500%, and ETH - 1000% from the cycle low;
- Cyclicality indicators suggest that cryptocurrency markets are not in a state of 2023 euphoria.
🤖 CryptoAttack 🇬🇧
👀 #CEL Celsius has begun the process of withdrawing and rebalancing assets to ensure sufficient liquidity, as well as will withdraw its own from staking #ETH. twitter
🕵️♂️ #CEL Celsius was removed from staking and translated 10,000 #ETH ($23.39 million) on Coinbase and FalconX at an average price of $2,339 8 hours ago.
🇺🇸🗣 JPMorgan Global Investment Strategist: The Fed will likely begin cutting rates in the second half of the year. cnbc