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Rajput ka
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CryptoQuant analyst Darkfost pointed out that the Bitcoin Hash Ribbons indicator has shown a 30-day/60-day moving average crossover, indicating that miners are experiencing a capitulation period. Historically, aside from the 2021 ban on mining in China, periods of miner stress have often been good buying windows. However, in the short term, it may lean bearish—miners need to increase selling to cover costs. The current BTC price drop combined with historical high difficulty is putting miners under double pressure. $BTC
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🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 CBOE has certified its approval to list and register the 21Shares XRP ETF. 🔹 CFTC Acting Chairman Pham announced CEO Innovation Council participants to discuss market structure developments in derivatives market. 🔸 Gemini secures Designated Contract Market license from CFTC, allowing it to offer prediction markets to US customers. 🔹 The Federal Reserve says it will begin Treasury bill purchases on December 12, planning to buy $40 billion over the next 30 days. 🔸 The Federal Reserve has cut interest rates by 25 basis points. 🔹 Aster has dropped all fees on its stock perpetuals, now available to trade with 0% costs. 🔸 Sei partners with Xiaomi to preinstall its crypto wallet and discovery app on upcoming Xiaomi smartphones. 🔹 Strategy has submitted its response to MSCI’s digital-asset treasury consultation, calling for neutral and consistent index standards. 🔸 Senator Cynthia Lummis aims to release a draft of the crypto market structure bill by week's end, allowing industry and both parties to vet it before markup next week. 🔹 Corporate Bitcoin holdings surged from 197K $BTC to 1.08M $BTC , a ~448% increase since January 2023, per Glassnode
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The $PEPE comeback will be legendary Everyone talking shit will be eating their words PEPE will become the #1 memecoin next cycle PEPE's time is coming
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🔥 LATEST: BASE flipped $ARB in Bridged inflows.
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$XRP saw a major accumulation: whales have added ≈ 340 million XRP over the past 3 months while many retail traders sold off in panic
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Latest News
Disney Invests $1 Billion in OpenAI, Becomes Key Content Partner
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Ripple CEO Highlights Rapid Growth of XRP Spot ETF
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Grayscale's Ethereum Trusts Generate Significant Staking Rewards
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Bitcoin(BTC) Drops Below 90,000 USDT with a 2.22% Decrease in 24 Hours
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U.S. Treasury Secretary Proposes Major Reforms for Financial Stability Oversight
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