Author: NBTC

Exchange balances proxy for the coins immediately available for sale on centralized venues, and a large net withdrawal can reduce that inventory. The June 5 reading was about 32% larger than October’s, and a single precedent gives a hypothesis in place of a trading rule. Coins that leave exchanges can go to self-custody, staking or institutional custody, and the data leaves their owners and motives unidentified. Ethereum ETF demand moves the other way Farside Investors’ daily data shows US spot Ethereum ETFs had more than $1 billion in net outflows from Oct. 1 to Oct. 22, with 14 of 16…

DeFi Dev Corp. post on X announcing the 22,070 $SOL addition and 2,586,282 $SOL total, October 12, 2026. Purchases ran ~101,381 $SOL in mid-September, worth ~$11.4 million, then 47,706, then 26,203 and now 22,070 $SOL tokens worth close to $2.4 million. “Short-term volatility has not changed our conviction or our commitment to accumulating $SOL,” CEO Joseph Onorati said in the release. He cited tokenized equities trading on Solana and Samsung’s plan to add stablecoin functionality to 82 million U.S. Galaxy devices. DFDV shares declined about 4.2% on Monday and ~21% for the week. The stock at around $4.32 gives the…

What the Data Shows Currently, Pendle is gaining traction within the crypto space due to Base’s recent endorsement. While no specific price movement has been reported, the tweet reflects a growing trend towards tokenization in the market, which could lead to increased interest and potential future action. The market sentiment is cautiously optimistic, with traders keeping a close eye on the developments surrounding Pendle and its implications for broader tokenization initiatives. Pendle is a decentralized finance (DeFi) protocol that enables the tokenization of future yield, allowing users to unlock liquidity on their crypto assets. Base, as a Layer 2 scaling…

By the Numbers Currently, Cosmos is witnessing a period of inactivity in terms of trading volume, with figures showing no recorded activity over the past 24 hours. While this may indicate a moment of consolidation, the upcoming panel may drive renewed interest in Cosmos as it positions itself at the forefront of discussions on standards in digital payments. The lack of trading activity could also reflect broader market caution amid mixed signals across the crypto landscape. Cosmos is a blockchain ecosystem that enables interconnected decentralized applications and services. The LF Decentralized Trust workshop provides a platform for discussing crucial developments…

Source: CryptoQuant Bitcoin’s [$BTC] recovery towards $100,000 during 2024-2025 occurred when whales exhibited greater strength than they had previously. However, since recent mixed orders near $80,000, there has been uncertainty in regard to demand. Reduced exchange deposits may help maintain price stability. Still, for the recovery to take hold, there needs to be continued and sustained spot purchases. Ultimately, stronger whale purchasing power may be able to absorb current selling pressure, thus providing better marketplace confidence and allowing additional gains. Bitcoin loss selling eases Realized profit-taking has cooled off since Bitcoin touched $87,000 in September, while panic-driven loss selling has…

Here is how the wallet has behaved since, based on its transaction history: 2016: The original genesis address moved more than 100,000 $ETH out in August. The main wallet Lookonchain linked to the buyer received about 120,657 $ETH that December. Late 2017 to May 2018: The wallet sent out roughly 92,000 $ETH across the 2017 bull run and its aftermath. June to December 2018: About 73,000 $ETH flowed back in during the bear market. 2020 to 2021: Another wave of transfers, roughly 81,000 $ETH, as ether ran to record highs. 2023 to 2025: Smaller sales, mostly in batches of a…

Stock contracts showed up next. Perpetual futures tracking SanDisk, the U.S. memory-chip maker, saw $19.09 million liquidated, just above the $19.04 million for HYPE and the $18.78 million for $XRP. These perpetual futures let traders bet on a stock’s price around the clock on crypto venues, without an expiry date. Contracts on SK Hynix and Micron, along with SOXL, a triple-leveraged U.S. semiconductor ETF, also appeared on the heatmap, with $7.21 million liquidated on SOXL. Those losses lined up with the selloff in Seoul. Samsung Electronics and SK Hynix each fell about 8% on worries over AI-related valuations and competition…

The deciding factor was Evernorth CEO Asheesh Birla, who previously worked under Garlinghouse at Ripple and later sat on its board. “When Asheesh raised his hand and expressed interest, that to me cemented our interests,” Garlinghouse said. He described Birla as “an extraordinary leader” who has shown “unique acumen around talent, around strategy,” both at Ripple and now at Evernorth. How it helps $XRP Garlinghouse said Evernorth’s listing strengthens the $XRP ecosystem in three ways: Liquidity and trust: The listing “furthers liquidity” and “trust in the $XRP ecosystem,” he said. New investors: A listed company opens $XRP to people who…

The initial markets will include tokenized versions of Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta, Tesla, Micron, and SpaceX, alongside products tracking the S&P 500 and Nasdaq 100 through ETFs. The tokens will trade as HIP-1 assets against USDC, giving eligible traders access to the markets 24 hours a day, seven days a week. The company has not announced an exact launch date. EQX promises share backing and zero issuer fees According to the company’s documentation, each token will be backed on a one to one basis by shares held through custodians connected to the Depository Trust Company. The custodians include…

Market Pulse Currently, the trading volume for Optimism is reported as $0, indicating potential market inactivity or thin trading flows. This absence of volume, coupled with the recent announcement from ExactlyProtocol, raises questions about the immediate reception of the new credit services and their impact on the overall activity within the Optimism ecosystem. Traders will be closely monitoring any shifts in engagement that may result from this launch. Optimism is a Layer 2 scaling solution designed to improve transaction efficiency on Ethereum. The launch of ExactlyProtocol’s credit market on Optimism highlights the network’s growing role in decentralized finance, showcasing its…