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1MicroStrategy on track to own 4% of all bitcoin over next decade as Bernstein raises price target to $6002Bitget Daily Digest | Market funds propel existing coins, CMC Altcoin Season Index continues to rise3Solana’s monthly DEX volume surpasses $100 billion for the first time
Meme Token Market Capitalization Increases 24% to $98 Billion
HappyCoinNews·2024/11/11 16:44
Ready for the Big Leap? DOGE, UNI, DOT Got You Covered
Cryptonewsland·2024/11/11 16:00
Altcoin Leads as Bull Market’s Favorite with BULLRUN100 Bonus, While Solana Eyes $200 & AVAX Seeks Recovery!
Cryptonewsland·2024/11/11 16:00
Ethereum Bulls Eye $4K Milestone as Momentum Builds
Newscrypto·2024/11/11 16:00
Is XRP Gearing Up for the $1 Rally in this Bull Cycle?
Newscrypto·2024/11/11 16:00
Ethereum 3.0? “Beam Chain” Proposal Aims to Revamp ETH Consensus
CoinEdition·2024/11/11 16:00
DOGE Leads Market Growth, Potential for Correction as SHIB Follows Suit with Notable Gains
Coinotag·2024/11/11 15:33
Potential Growth Ahead for Solana (SOL) as Market Remains Bullish
Coinotag·2024/11/11 15:33
XRP Trading Volume Surges Amid Bitcoin Rally: What Could Follow for the Cryptocurrency?
Coinotag·2024/11/11 15:33
Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’
Cointelegraph·2024/11/11 13:55
Flash
- 09:52Data: The number of daily active addresses on the Bitcoin blockchain is close to 1 millionAccording to IntoTheBlock analysis, Bitcoin's on-chain activity has significantly increased, with a decisive shift in long-term active trends. The current daily active address count is close to 1 million, marking the first time such a scale of long-term growth has occurred since 2021.
- 09:39Deribit data: A user purchased call options for the end of November at 82,000 US dollars, totaling 700 BTCChainCatcher reported that Deribit's Head of Asia Pacific Business, Lin Chen, posted on X stating that today's largest Bitcoin (BTC) block options trade was: a user paid 11.649 million USD to purchase call options with an execution price of 82,000 USD at the end of November (this Friday), totaling 700 BTC. This transaction is an immediate bullish view, using a leverage of 6.7 times; if the delivery price exceeds 99,000 USD it will be profitable.
- 09:28QCP Capital: BTC has temporarily fallen back to last week's level, it is recommended to pause tradingQCP Capital stated: "Since our last post, Bitcoin has fallen below $93,000, with more than $430 million in long positions liquidated. This drop coincides with the end of five consecutive days of net inflows into the spot ETF, which recorded an outflow of $438 million on Monday, while MicroStrategy's stock price fell by 4.4%. This correction occurred after MicroStrategy's record purchase of $5.4 billion in Bitcoin last week. With the approach of US holidays and no immediate catalyst to drive prices higher, BTC's path to the symbolic level of $100k has stalled. ETH implied volatility has sharply turned towards put options rather than call options, reflecting similar sentiment as the market catches its breath. Concerns about downside risk for BTC may intensify, especially with tonight's FOMC meeting minutes and Wednesday’s PCE data due to be released. However, in the long run this is not an excessive correction; Bitcoin has merely retreated back to levels seen at the beginning of last week. Since the election markets have become extremely overbought and leveraged so a trading pause was inevitable."
