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$BTC
Streaming company Rumble plans to start buying Bitcoin on its balance. Michael Saylor will help it with this.
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🔎 $BTC Of the top 100 companies (total market cap $46 trillion), only one holds Bitcoin (11,509 BTC). And of the top 100 countries (total GDP $101 trillion), only 6 hold Bitcoin (511,733 BTC).
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📊🗽 $BTC is doing great. The only thing that could derail this rally would be if the US was entering a recession. But looking at the latest US retail sales data, that risk looks pretty low. US consumers are spending money just like they have over the last 20 years. No sign of a slowdown.
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📊🤔 $ADA Cardano holders sold into ADA's recent rally, with the total number of Cardano addresses decreasing by 30k since the start of Cardano's move on Nov 5th.
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📊🤔 $SOL #Glassnode : On November 16th, Solana's transfer volume hit an all-time high of $318 billion, whilst the number of active addresses spiked to over 22 million. However, mean and median transaction volumes dipped during the same period. This pattern of network activity inflation may be indicative of bot-driven activity, which has historically contributed to similar trends on Solana.
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📊🤔 $BTC Extreme Long/Short Ratio on #Bitfinex , there are 374 times more Longs than Shorts! 🟩 Long Positions: 61,700 BTC 🟥 Short Positions: 174 BTC This remarkable imbalance in the market could indicate traders' strong confidence in a Bitcoin rally, but it also calls for caution — extreme positions often lead to volatility.
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