US Preliminary UoM consumer Sentiment
Forecast: 63.1
Previous: 64.7
Actual less than forecast is good for markets
Expect volatility in exactly 30 minutes
๐๐ค #BTC IntoTheBlock: Historically, there has been some correlation between stablecoin supply peaks and market cycle highs in the cryptocurrency market.
In April 2022, supply hit $187Bโjust as the bear market started. Now itโs at $219B and still rising.
NEW: ๐บ๐ธ Sunnyvale Public Safety Officers Association becomes the first police & fire dual-agency in the US to hold Bitcoin on itโs balance sheet and in self custody ๐
๐ข๐ #BTC Glassnode: the 6-month Bitcoin supply view shows major accumulation at two decisive levels:
๐บ$98.0k: 268k BTC accumulated (+24.0% from spot)
๐ป$62.1k: 228k BTC accumulated (-21.4% from spot)
A massive ETH position on Maker faces imminent liquidation riskโhereโs how to track it and understand the process, courtesy of a former Maker employee. - ๐/@andy8052