The essay reflects on unexpected market shifts, likening one event to a past trading experience where a sudden surge in volatility occurred right after making a bold investment decision.
According to Mars Finance news, as per Arkham data, at 23:14, 487.26 BTC (worth approximately 42.92 million USD) was transferred from Anchorage Digital to an anonymous Address (starting with 3N8xWJ...). Subsequently, that Address transferred 21.26 BTC to Gemini.
Solana: Fast, low-cost network with growing DeFi, NFT, and gaming ecosystem.
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Arweave: Permanent data storage solution gaining adoption in Web3 and AI projects.
The crypto market moves fast, and finding o
The US stock market rose on Wednesday, ending a streak of declines, with the S&P 500 index up over 1%. Nvidia rose more than 3%, but is still down over 7% this month. The market is following its earnings report, which may impact AI spending expectations.
According to Mars Finance, Jin10 reported that Kevin Hassett, director of the National Economic Council of the White House, stated that inflation is now "more controllable," but not completely resolved.
As of November 19, the performance of the Crypto Assets market has been mixed. In terms of rise, Starknet and MYX Finance increased by 34.28% and 24.62%, respectively; in terms of fall, Canton and Decred decreased by 8.47% and 8.27%, respectively.
According to Mars Finance, Jin10 reported that U.S. banks noted that technology stocks have experienced capital outflows for the fifth consecutive week, indicating a weakening of market investment confidence in this zone.
According to Mars Finance, as monitored by Lookonchain, as of the time of writing, 10 Bitcoin ETFs have seen a net outflow of 6,105 BTC (worth $558.89 million), and 9 Ethereum ETFs have seen a net outflow of 40,442 ETH (worth $12.375 million).
As XRP gains against Bitcoin, a market analyst has presented four XRPBTC macro simulation models of the possible directions the pair could take from here.
Notably, the crypto market has dropped sharply since October, and XRP has moved in the same direction with a decline of more than 25% over
According to Mars Finance news and data from Hyperbot, "Brother Maji" Huang Licheng is still slightly increasing the position of his 25x leveraged ETH long order, currently holding 3875 ETH, with a position value of about 11.829 million USD. However, this long order has turned from profit to loss after a brief unrealized gain today, with an unrealized loss of about 45,000 USD.
The US Office of the Comptroller of the Currency has confirmed that national banks can hold and use cryptocurrency to pay blockchain network fees required for permissible activities.
OCC Outlines New Permissions for Banks
The US Office of the Comptroller of the Currency (OCC) has issued new
Despite a bearish trend affecting XRP, experts predict the token could reach $5 by next year. Currently priced at $2.17, XRP has shown modest growth of 4.6% year-to-date, maintaining a significant yearly upside of 92%.
According to Mars Finance, as reported by Jin10, the gains in the US stock market have widened, with the S&P 500 index up by 1%, the Nasdaq up by 1.58%, and the Dow up by 0.34%. Google's A (GOOGL.O) has expanded its increase to 6.7%.
Despite the rising crypto market uncertainties, XRP could be on the cusp of a recovery to higher prices spurred by retail sentiment.
The excitement around an XRP rebound on Tuesday has quickly turned sour. After an over 2.4% increase to an intraday high of $2.23, the cryptocurrency relinquished
RippleX is initiating discussions in the XRP community about the potential for native staking on the XRP Ledger. Despite its decade-long operation, XRPL's technology lags in DeFi due to its Proof-of-Authority model, which does not support staking. Engineers are exploring how staking might be integrated into the existing system.
According to Mars Finance news on November 19, based on market data, Bitcoin has rebounded and surpassed $92,000, currently quoted at $92,078, with a 24-hour rise of 0.61%.