Crypto market cap hits $3.1T high, could soon surpass France’s GDP
If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France. Go to Source
10x Research
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DeFi tokens soar 30% as traders tip ‘friendlier’ DeFi landscape under Trump
DeFi firms have feared implementing “value accrual mechanisms” for their tokens under the SEC’s oversight — but that could change with president-elect Donald Trump. Go to Source
Szabo or NSA? New report revisits Bitcoin creator mystery
As HBO’s documentary sparks fresh debate, a new report from 10x Research revisits theories about Bitcoin’s enigmatic creator, Satoshi Nakamoto, involving Nick Szabo and the NSA. Go to Source
Q4 crypto rally chances ‘exceptionally high,’ fueled by BTC $65K breakout
Bitcoin’s surge past $65,000 has ignited FOMO in the altcoin market, according to a crypto analyst. Go to Source
Bitcoin open interest jumps $1.3B following Fed’s ‘dovish’ minutes
Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21. Go to Source
Bitcoin technical indicators ‘improving’ at $59K may trigger short squeeze
Bitcoin technical indicators are “improving” — meaning a short squeeze may be “inevitable,” according to crypto analysts. Go to Source
Bitcoin $59K price may swing ‘drastically’ amid election year parallels
If Bitcoin follows the same pattern as previous election years, August will be “nothing crazy,” but a breakout may occur within a month or two, according to a crypto analyst. Go to Source
Institutions not so interested in Bitcoin at $58K, metric shows
10x Research’s Markus Thielen says there’s one stablecoin metric that is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now. Go to Source
Bitcoin needs ‘low $40,000s’ for best bull market entry — 10x Research
A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point. Go to Source
Crypto products shed $528M amid recession fears — CoinShares
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000. Go to Source
