Institutional demand and rising ETP flows signal Bitcoin breakout – VanEck
via @pelimatos

The growing impact of ETP flows on Bitcoin's price suggests institutional adoption is relevant to price discovery movements.

Institutional demand and rising ETP flows signal Bitcoin breakout – VanEck

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The frenzy over MEME coins is inseparable from the current extremely low token issuance threshold. It only takes a few dollars or even free to issue a coin, which also leads to the issuance of tens of thousands of new tokens every day, exacerbating the PVP. Whenever a hot spot comes up, all kinds of concept coins will immediately appear, including various NEIRO coins (uppercase and lowercase), Trump concept coins, and so on.

As a result, various scams and various cases of raising and cutting the leeks are ubiquitous.

Last night, a very representative leek-cutting project appeared - SHARPEI ($SHAR).

According to Cointelegaraph, a...

From $60 million to $1 million, from being admired by thousands to being reviled by thousands, $SHAR took only 7 hours

On October 24, market data showed that the price of Bitcoin fell below $66,000 at its lowest. Since October 21, the upward momentum of Bitcoin has shown signs of weakening, falling from the high of $69,500 to a low of $65,260. The trend of Ethereum has been synchronized with Bitcoin, sliding from the high of $2,770 to a low of $2,440. According to Coinglass data, the market liquidation amount reached $279 million in the past 24 hours, with long positions accounting for as much as $200 million.

BTC's market share has reached a three-year high. Is this a sign of a peak?

The large-scale altcoin season has begun today.
The altcoin index has shown a parabolic rise for the first time in three years.
Do you remember 2021? At that time, my portfolio soared from $900 to $145,000 in a month.
This time, I will earn more through these low-key altcoins.
Each market stage is affected by capital inflows, and capital inflows follow a consistent cycle across all markets, including the crypto market.
We have seen capital flow from <BTC> to large-cap tokens, and this important liquidity shift will soon also affect small-cap tokens.
2024-2025 week...