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RECAP: ETF INEVITABLE
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RECAP: ETF INEVITABLE

OCTA: Bitcoin ETF Countdown

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InvestAnswers
Oct 20, 2023
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NUGGETS OF ALPHA

  • The three big crypto winners this week include TON, SOL, and OKB

  • Bitcoin is going into a halving cycle with less available supply than ever before

  • On October 16th, a total of 7,000 BTCs worth roughly $200M vacated exchanges

  • Digital asset investment products saw inflows for the third consecutive week, totaling $15M

  • The app development on Solana outpaces all ETH L2s combined

  • Fantom Foundation employee loses at least $7M of crypto in exploit


Tuesday is our On Chain & Technical Analysis (OCTA) update, where we review the good, bad, and the ugly of the previous week:

  • The global crypto market cap is $1.09 trillion, with a 24-hour volume of $49.12 billion

  • The price of Bitcoin is $28,548.96, and BTC market dominance is 51.1%

  • The price of Ethereum is $1,579.77, and ETH market dominance is 17.4%

  • The best-performing sector is Travel, which gained 10%

  • The Crypto Fear & Greed Index is currently Neutral (52)


Mainstream media is going nuts in

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