Happycoin.club - Token Unlock blocked token tracker presented details of upcoming unlocks of various crypto projects scheduled until January 7, 2024. Thus, in the first week of the new year, tokens worth more than $150.84 million will enter the market.
The largest number of crypto assets will be issued by the decentralized dYdX exchange (DYDX) - on January 1, its team will issue 33.3 million DYDX tokens #news #DYDX
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.
In futures market, traders betting on higher prices lost over $190 million to liquidations as bitcoin (BTC) dropped as much as 4% before recovering in Wednesday morning hours. Some $45 million of those stemmed from altcoin-tracked futures in an unusual move with bitcoin liquidations accounting for a relatively lesser $36 million in losses. Traders of Solana’s SOL tokens took on nearly $20 million in losses. #Solana.blockchain #BTC!💰 #news
Smart Money' is Record Long on BTC Ahead of Expected Bitcoin ETF
Data tracking website MacroMicro's bitcoin futures smart money index rose to a record 13,711 last week. The record bias for bullish long positions comes days ahead of the SEC's impending decision on spot ETF applications. Some obsevers foresee a classic "sell the news" price action following the ETF launch. Smart money, or capital investments from institutional investors and knowledgeable market participants, is piling into bitcoin [BTC] as the U.S. Securities and Exchange Commission's (SEC) deadline to approve a spot BTC exchange-traded fund (ETF) nears. The smart money index rose to 13,711 last week, surpassing the previous peak of 13,603 to signal record net bullish #news #BitcoinWorld #ETFBitcoin
And at the end of the day I share my analysis of BTC📊
📊According to the hourly chart, demand is currently open, if now the structure of the sweep and breakout is obtained, then I expect the upward movement to continue and all compression and liquidity to be removed. Buy a side
📊If responses are not received and the downward movement continues, then there is usually another area of interest from which it would be interesting to receive responses up the liquidity pools above. #Signal #BTC!💰 #analysis
JUST IN! Resignation Shock at the Largest Bitcoin Fund Grayscale!
According to Reuters, Barry Silbert and Mark Murphy notified the SEC that they resigned from the board of directors of Grayscale Investments, the largest Bitcoin (BTC) fund.
In a notice filed with the SEC on December 26, 2023, Barry Silbert and Mark Murphy announced their resignations from Grayscale Investments.
In the notification made to the SEC, Silbert and Murphy stated that they resigned from their board memberships, effective January 1, 2024.
Effective January 1, 2024, Mark Shifke will replace Barry Silbert as chairman of Grayscale's board of directors. It was also stated that Mark Shifke appointed Matthew Kummell and Edward McGee to the board of directors. #news #BitcoinWorld
Bitcoin's Share in Crypto Futures Trading Slides as Altcoin Profits Allure Traders
Bitcoin's dominance by futures open interest has declined to 38% from nearly 50% two months ago.
The data show renewed risk appetite in the crypto market typically observed after a notable bitcoin uptrend. Bitcoin, the leading cryptocurrency by market value, has surged over 60% to $43,100 since Oct. 1, mainly due to dwindling Treasury yields and expectations that the U.S. Securities and Exchange Commission would soon approve one or more spot BTC ETFs.
As of writing, BTC was up 161% on a year-to-date basis, and ether, the second-largest cryptocurrency, traded 88% higher. #BitcoinWorld #news #AltcoinSeason
Crypto funds recorded an inflow of $103 million per week
The outflow of funds from cryptocurrency investment products, recorded last week, was replaced by an inflow of $103 million in the period from December 16 to 22. This was announced by James Butterfill, Head of CoinShares’ Research Department.
$87.6 million was invested in «standard» bitcoin funds against the outflow of $32.8 million for the previous reporting period. Structures that allow you to open shorts on the first cryptocurrency received $0.4 million. #news #BitcoinWorld
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