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Short-term holders have 18% of the BTC supply, data suggests that euphoria is not close to

Short -lived holders (sths) have added approx. 450,000 BTC for their supply since July, which now holds about 2.6 million BTC according to Glassnode data. SHHS is defined as investors who bought Bitcoin within the last 155 days.This increase marks the third distinct cycle of rising sth activity since the beginning of 2024 and has […]

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BTC climbs through the fog as analysts shared on what drives it

Good morning, Asia. Here’s what makes news in the markets: Welcome to Asia Morning Briefing, a daily overview of top stories during the US HOURS and an overview of market movements and analysis. For a detailed overview of US markets, see Coindesk’s Crypto Doybook Americas. Bitcoin begins on Thursday trading day in Asia, shopping over

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Glassnode explains two key strikers behind rally for $ 126k

Bitcoin’s latest breakout is driven by institutions and a constant demand for chain rather than speculation, according to new data from Glassnode. In the October 8th edition of his “The Week On-Chain” newsletter, the analysis company said Bitcoin’s wave to a new highlight of all the time near $ 126,000 earlier this week was powered

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Solana’s Jupiter to develop Jupusd StableCOin with support from ethena labs

Solana-based decentralized exchange Jupiter rolls his own stableecoin, Jupusd, by the end of the year. The coin will be resident in Solana and closely integrated across Jupiter’s ecosystem, including its eternal platform, lending markets and trading areas, DEX shared on X on Wednesday. Jupusd is being developed in partnership with Ethana Labs, which is known

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Stellar (XLM) Rebounds sharply as institutional interest fuel for recycling momentum

Stellar’s native Token XLM experienced increased volatility over the past 24 hours swung between $ 0.38 and $ 0.39 – an interval of 3% – before closing near the heights of the session. After dipping at $ 0.38 early on October 8, the asset mounted a speedy recovery and regained land over $ 0.39 at

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Shayne Coplan becomes the youngest self-made billionaire after the PolyMarkets $ 2B-Investing: BBG

Shayne Coplan, founder and CEO of the blockchain-based prediction market, has become the world’s youngest self-made billionaire, according to the Bloomberg Billionaires Index. The milestone follows InterContinental Exchange (ICE), which on Tuesday announces that it would invest as much as $ 2 billion in the company for a $ 8 billion valuation. ICE owns New

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Pantera Backs Trancrypts with $ 15m Seed Round to Expand Blockchain -Identity Platform

Transportation, a blockchain upright building tools that people can own and share verified credentials, have raised a $ 15 million led by Pantera Capital. The round included Lightspeed Faction, Alpha Edison, Motley Fool Ventures and a mix of recurring investors such as Mark Cuban and Protocol Labs. The funding follows a strong summer for the

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US senators get 250,000 letters calling for stablecoin yield protection

In response to Wall Street Bank -Lobby business, Crypto Group Stand with Crypto said it enrolled its online members to send a message more than 250,000 times to US senators in their states and pushed back to Bankers’ attempt to Stymie Avenue for StableCoin Rewards in the Guide and Establish National Innovation for US StableCoins

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Rebound with digifr, Bitf leading gains; Vaneck -Inalysts look $ 644K BTC

Bitcoin BTC$123.048.16 recovered land Wednesday and climbed back to nearly $ 124,000 after a flush for $ 120,000 the day before. It traded recently to $ 123,500, an increase of 1.5% over the last 24 hours. Altcoins followed the move higher, but did not recover the levels seen earlier this week. Ethereum ETH$4,514.44Ripple’s XRP$2,8984Solana Sun$227.61At

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Achieve security in institutional quality with new risk frames

The decentralized financing sector (DEFI) has undergone a remarkable security transformation and achieved a 90% reduction in utilization loss since 2020 and placed as mature financial infrastructure capable of institutional adoption. Our analysis reveals that defi protocols have not only survived the “experimental era”, but has systematically evolved into some of the most secure financial

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