CryptoQuant’s Quicktake post is basically a gossip column for Bitcoin. Arab Chain dropped the mic, revealing that Binance’s risk game is as shaky as a toddler on a trampoline. The Bitcoin Sharpe Signal metric? It’s now a negative -0.277, which is basically the crypto equivalent of a “meh” emoji. 🙃
Fidelity’s FBTC dumped $256 million-because why hold onto Bitcoin when you can just, I don’t know, not be a crypto fund? 🤷♂️ Ark Invest’s ARKB followed with $144 million in redemptions, which is apparently a “record” for them. Congrats! BlackRock’s IBIT added $131 million of withdrawals, making it seven days of bleeding money out of eight. Sounds like a financial hemorrhage you’d see in a horror movie. 👻
This downward capitulation has been duly attributed to a most interesting shift in the dispositions of the investing class, none more curious than that of the long-term holders (LTHs). A distinguished crypto savant, Julio Moreno by the name, shared his observations upon the intriguingly transformative behaviour of these steadfast custodians of Bitcoin.
The 1-hour chart, a reluctant optimist, recently leapt from $2.26 toward $2.30, yet its steps are heavy with the weight of low volume and feeble resolve. A bear flag, ever the fashion faux pas for bulls, looms ominously. Without a decisive breach above $2.32, this range feels less like a launchpad and more like a waiting room. 🚶♂️
In case you missed it, this drama started back in April 2024 with an indictment that set the stage for Rodriguez’s legal rollercoaster. Fast forward to mid-2025, and the man pleads guilty to running an unlicensed money transmitting business-because, apparently, operating in the crypto world without a license is just a tad illegal. Who knew? 😬
If TIA breaks through $1.50 (the crypto version of climbing a wall of fire), it might just waltz into $2 territory. Fingers crossed, or better yet, crypto wallets crossed. ✨
It was a week of confusion and disappointment for crypto enthusiasts. Bitcoin (BTC), which had danced around the $100,000 mark like a prizefighter, slipped below that critical threshold twice-no one saw that coming. Having started the week above $110,000, BTC faltered and fell, unable to break through the $105,000 resistance before dropping to a low of $99,607 on November 4th. This wasn’t just a blip on the radar; this marked the first time Bitcoin had dipped below $100,000 in over four months. Turns out, investors weren’t as confident about the digital gold rush as they once were.
Seems like folks are getting curious again, and if there’s one thing we know about the crypto crowd, it’s that curiosity often leads to chaos. TapTools is showing a sharp uptick in Google searches like “will Cardano go up” and “Cardano news now.” Guess what? When the internet gets this hyped, it usually means we’re on the edge of some good ol’ volatility. Retail sentiment is shifting, and that means a whole lotta folks are thinking of jumping on this Cardano train-one that’s heading straight for the moon. 🚀
According to CoinMarketCap (yeah, because they know everything), both DOGE and SHIB prices are plummeting today. But hey, it’s following a nice little run-up yesterday, so you can’t really blame the market for being a little indecisive, right? Nobler went on X (formerly Twitter-yeah, that’s still a thing) and claimed that Binance, Wintermute, and BlackRock were all dumping Bitcoin right before the Federal Reserve decided to drop some knowledge bombs on us. Makes sense, because who doesn’t like a good price crash for the meme coins?
In a video clip, posted with the gravitas of a man announcing the discovery of the Holy Grail, Hoskinson declared his intention to launch a podcast titled The Night Shift, a weekly affair dedicated to the mysteries of Midnight. “Who would like to host?” he inquired, no doubt envisioning a queue of eager acolytes stretching from here to the moon. 🎤 One can only hope the content will be as scintillating as a Waugh novel, though one suspects it may lean more toward the interminable.
