Market Intelligence 9
* Low confidence in Bitcoin prices as year end approaches
* Perpetual Futures Funding Rates have declined as derivatives traders are more
cautious
* Average Social Sentiment is
Digital Assets Report 50
* Whatsapp testing crypto payments
* Coinbase to offer users access to DeFi yields
* Bitcoin price is consolidating in a downward channel
Business
Meta’s Whatsapp trials
Market Intelligence 8
* Weekend sell-off driven by liquidations in the futures market
* Long-term holders continue holding as Short-term holders realized large
losses
* Whales bought the dip
Bitcoin
Weekly
Crypto Charts 49
Bitcoin
Last Friday's sell off stopped us out 44k with Bitcoin crashing down to 42'296.
Currently we are trading at 51&
$5.4bn worth of Bitcoin Derivatives Liquidated
* Bitcoin Price significantly dropped from $57k to $42k within an hour
* Prices have stabilised between a range of $47k to $49k
* Spot selling triggered long