“Volatility shakes out the weak; scarcity rewards the patient.”

QUESTION OF THE DAY

Q. "If scarcity drives value, are you positioned for it?"

BITCOIN PRICE ACTION

• Bitcoin Traders Eye Upside as BTC Holds Above $110K (CoinDesk)
• Bitcoin Rebounds as Selling Pressure Fades: Analyst Sees Further Upside (BeInCrypto)
• Bitcoin Long-Term Holders Have Realized Profits of 3.27M BTC This Cycle, Exceeding 2021 Cycle (CoinDesk)
• Bitcoin whale sends 750 BTC worth $83 million to Binance (The Block)
• Bitcoin can still hit $160K by Christmas with ‘average’ Q4 comeback (Cointelegraph)

BITCOIN ANALYST & TRADERS

• Ali Martinez: Bitcoin drop to $100,000 likely imminent as death cross pops up (Finbold)
• Vetle Lunde: Bitcoin at risk of further decline amid leverage peak and 'huge' Ethereum rotation: analyst (The Block)
• Roman: Bitcoin trader sees $117K coming as BTC price reclaims key trend line (Cointelegraph)
• Bitcoin traders say BTC price at ‘make-or-break’ point at $110K (Cointelegraph)
• Mihai Jacob: Pundit Says Bitcoin Price Crash Is Not Over, Why A Decline Below $100,000 Is Coming (NewsBTC)

BITCOIN STRATEGIC RESERVE

• JUST IN: 🇯🇵 Samson Mow met with political party leaders in Japan to discuss a Strategic Bitcoin Reserve for Japan. 🚀 (@BTC_Archive)

BITCOIN CORPORATE TREASURY

• Metaplanet board approves plan to raise $1.2B, earmarks $835M for BTC buys (Cointelegraph, The Block)
• Health-Care Firm KindlyMD Plans $5B Equity Raise for Bitcoin Treasury (CoinDesk, Decrypt, Cointelegraph, The Block)
• JUST IN: Hedge fund advisory firm Falconedge completes pre-IPO raise and plans to use nearly all proceeds to build a Bitcoin treasury. 🚀 (@BTC_Archive)
• JUST IN: Michael Saylor to give Bitcoin speech at the annual H.C. Wainwright Global Investment Conference. 🔥 (@BTC_Archive)
• JUST IN: 🇭🇰 Hong Kong-based CIMG Inc. to raise $55 MILLION to buy 500 Bitcoin. 🚀 (@BTC_Archive)

ETHEREUM

• Ethereum Eyes Breakout as Tom Lee Predicts $5,500 to $12,000 in 2025 (BeInCrypto)
• Ethereum Price Eyes Upside Continuation, Bulls Preparing for Fresh Move (NewsBTC)
• $5,000 Ethereum Price Narrative Resurfaces as Big Players Rotate Out of BTC (BeInCrypto)
• Crypto whales buy $456M Ether in 'natural rotation' from Bitcoin (Cointelegraph)
• Ethereum to $7,500? Standard Chartered Thinks So (Decrypt)
• Research Predicts Ethereum To Overtake Bitcoin Within 1–2 Cycles (BeInCrypto)

ALTCOINS

• XRP Eyes $3.20 as Bull-Flag Pattern Forms, Key Support at $2.89 (CoinDesk)
• If You Missed ETH at $1,400, SOL Is the Next Big Bet: Analyst Explains His Bullishness (CoinDesk)

ETFs

• BlackRock Bitcoin ETF holdings overtake Coinbase, Binance; ETH may be next (Cointelegraph)
• Spot Ethereum ETFs log $455 million in daily inflows, surpassing Bitcoin ETFs for second time this week (The Block)
• XRP ETF demand ‘underestimated’ as CME futures smash $1 billion (Finbold, BeInCrypto)

VOICES

• 🇯🇵 METAPLANET CEO: “I tell my friends to put 100% of their net worth into Bitcoin.” 😅 (@BTC_Archive)

• JUST IN: Clearer regulations and Fed policy direction will send Bitcoin higher, says CNBC guest. “We think this rally will continue.” 🚀 (@BTC_Archive)

VIDEO OF THE DAY

PODCAST OF THE DAY

ETHZilla: Ethereum Treasury Strategy | McAndrew Rudisill (Bankless)