📊 Bitcoin starts the day below $95,000. Despite ETFs having a positive capital flow yesterday with $338 million and BlackRock now owning half a million Bitcoin.
📑 The market remains expectant of Microsoft's decision. Microsoft is just days away from deciding whether to create a Strategic Reserve of Bitcoin.
🚀 Institutional investment in Ethereum is skyrocketing. ETH investment funds recorded a record inflow last week, marking the start of altseason.
🇨🇱 Chile rules out investing in Bitcoin. The Central Bank of Chile cited Bitcoin's volatility as an argument against creating a treasury with BTC.
⚠️ In the last 24 hours, 158,730 traders were liquidated, and the total liquidations reached $400.40 million. The largest individual liquidation order occurred on OKX - ETH-USDT-SWAP for a value of $1.78M.
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📊 In T4h King Bitcoin is trading at 94.8k slightly down, while DXY is down after the rise at the start of the week.
💡Remember the market correlation, it is key to see the possible movements of the main assets in the world: 📉 DXY down 📈 BTC - Euro/Dollar - Gold and S&P 500 up
- 00:35 Japan 10-year debt auction - 10:55 US Redbook retail sales index - 12:00 US JOLTS job openings survey - 12:10 IBD/TIPP Optimism Index - 18:30 US crude oil inventories - 21:30 Japan PMI - 22:45 PMI China
📊 In T4h, King Bitcoin is trading at 95.2k after hitting a bearish obstacle near its ATH, while DXY started to rise this week, pushing down major assets.
💡Remember the market correlation; it is key to see the possible movements of the main assets in the world: 📉 DXY down 📈 BTC - Euro/Dollar - Gold and S&P 500 up
- 04:00 Nationwide House Price Index UK - 05:55 Manufacturing PMI Germany - 06:00 PMI Eurozone - 07:00 Unemployment Rate Eurozone - 11:45 PMI USA - 12:00 ISM PMI USA - 17:30 Major Assets Net Speculative Positions
🚀 Today the "ETF impact" returns to the price of Bitcoin. After the pause for Thanksgiving, BTC funds are back trading on Wall Street.
⛏️ Miners are closing the year with high confidence in Bitcoin. This is demonstrated by the high spending on properties, plants, and equipment in 2024.
🇨🇭 Switzerland is evaluating the potential positive impact of Bitcoin mining. They passed legislation on the use of surplus energy to mine BTC.
🇯🇵 Metaplanet will raise $62 million to buy more Bitcoin. If successful with its fundraising, it could buy an additional 652 Bitcoin for $62 million.
⚠️ In the last 24 hours, 81,791 traders were liquidated, and the total liquidation reached $191.88 million. The largest individual liquidation order occurred on Bybit - BTCUSDT worth $2.01M.
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📊 In T4h King Bitcoin is trading at 97.1k recovering its bullish momentum, while DXY is in a downward correction, boosting the main analyzed assets.
💡Remember the market correlation, it is key to see the possible movements of the main assets in the world: 📉 DXY down 📈 BTC - Euro/Dollar - Gold and S&P 500 up
📰 What you need to know this Thursday, November 28
📥 After two days of capital outflows, on Wednesday the ETFs saw money coming in. Just over 100 million dollars in positive flow were recorded for the funds.
📈 The market is at its highest levels of greed since March. The fear and greed index reflects an 81/100 sentiment among investors, with expectations of 100k.
🚀 Altseason winds are increasing. The altseason index that measures the metric between BTC vs Altcoins is leaning towards Altcoins with a 57/100, raising expectations.
⛏️ Dogecoin mining is back in action. According to Whattomine, the most profitable hardware for DOGE mining generates over 60 dollars net daily.
⚠️ In the last 24 hours, 100,778 traders were liquidated, and the total liquidations reached $284.94 million. The largest individual liquidation order occurred on Bitmex - ETHUSD worth $2.81M.
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📊 In T4h King Bitcoin is trading at 95k after being boosted in bullish OB, while DXY is down following its unsuccessful attempt to surpass bearish OB.
💡Remember the market correlation, it is key to see the possible movements of the main assets in the world: 📉 DXY down 📈 BTC - Euro/Dollar - Gold and S&P 500 up
📰 What you need to know this Wednesday, November 27
🇧🇷 Brazil could also have its own strategic reserve of Bitcoin Deputy Eros Biondini presented a bill for the country to allocate 5% of its international reserves to the purchase of BTC.
📑 Trump administration seeks CFTC —not SEC— to oversee crypto. It would need less strict regulation for cryptocurrencies if it wants to fulfill its promises to promote innovation and support the sector.
🇺🇸 The rise of Bitcoin could be the “salvation” of the U.S. Since one of the main supports of USDT are treasury bonds, the rise of Bitcoin and the consequent issuance of USDT could help the government.
⚖️ Court declares sanctions against Tornado Cash smart contracts illegal. Is a regulatory trend change towards the cryptocurrency industry beginning?
⚠️ In the last 24 hours, 97,490 traders were liquidated, and the total liquidation reached $284.05 million. The largest individual liquidation order occurred on Binance - ETHUSDT for a value of $11.85M.
🌐 For more news and analysis follow us on Telegram
📊 In T4h King Bitcoin is trading at 93.8k after being propelled by bullish trends, while DXY is declining after its unsuccessful attempt to overcome bearish trends.
💡 Remember the market correlation, it is key to see the possible movements of the main assets in the world: 📉 DXY down 📈 BTC - Euro/Dollar - Gold and S&P 500 up
- 06:30 Gfk consumer climate index Germany - *10:30 GDP and Mixed Data USA* - 11:45 Chicago PMI - 12:00 Pending home sales USA - *12:30 U.S. Oil Inventory* - 15:00 GDPNow Atlanta Fed