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glassnode: Approximately 79.6% of the circulating SOL is in a state of unrealized loss

2 hours ago

On November 24th, based on glassnode data, around 79.6% of the circulating SOL (approximately 478.5 million tokens) is currently in a state of unrealized losses. This highlights that prior to the recent downturn, the on-chain distribution of the market was highly concentrated at its peak.
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MON pre-market price has dropped below $0.03, with a 24-hour decrease of 7.59%.

On November 24th, based on market data, the pre-market price of MON has fallen below $0.03 and is currently trading at $0.02992, with a 24-hour decrease of 7.59%. Previously, it was reported that both Upbit and Bithumb will list the MON/KRW trading pair.

3 minutes ago

Bithumb will list the MON/KRW trading pair

On November 24th, according to official information, Bithumb is going to list the MON/KRW trading pair. Trading is scheduled to commence at 12:00 AM local time on Tuesday, November 25th.

3 minutes ago

Bloomberg: Upbit to Seek Nasdaq IPO

On November 24th, according to Bloomberg, Upbit, which is South Korea's largest exchange, will aim to have an IPO on the Nasdaq after a merger.

3 minutes ago

Xie Jiaping's Tweet Implies "Be Fearful When Others Are Greedy" Moment May Be Here

On November 24th, according to Xinhua, Bitget's Chinese spokesperson Xie Jiayin recently stated in a post on the X platform that the current total market capitalization of cryptocurrencies has returned to $3.3 trillion, while the market sentiment indicator has dropped to 10, hitting a new low in nearly two years. Looking back, he recalled that in March and April of this year, the market also experienced similar pullbacks and widespread panic, but it was later proved to be a buying opportunity. The current market situation bears a striking resemblance to history, suggesting that the timing for the strategy of "when others panic, I am greedy" may have arrived. Xie Jiayin emphasized that the current market's theme still focuses on the continuous growth of DATs, ETFs, and stablecoins. He advised investors to focus on the following three data dimensions in their subsequent operations as key indicators to judge the market's direction: daily BTC/ETH ETF net inflows, MicroStrategy dynamics, a

3 minutes ago

Analyst: Bitcoin's Top 5 Technical Indicators Signal Bear Market, Key Support Level Seen at $52,820

On November 24th, as per crypto analyst @ali_charts, Bitcoin has exhibited 5 sell signals within the past month: 1. Since January 2022, Bitcoin's monthly MACD has turned bearish for the first time. 2. On the daily chart, the 50-day moving average has crossed below the 200-day moving average, forming a "death cross". 3. Bitcoin has dropped below the 50-week moving average support, a level that historically indicates a significant pullback. 4. The SuperTrend indicator on the weekly chart has given a sell signal, which has long-term reliability in trend reversals. 5. The bi-monthly TD Sequential indicator has also issued a sell signal for Bitcoin, with similar past signals leading to corrections of 78% and 32% respectively. @ali_charts stated that if Bitcoin continues to decline, the key support levels may be at $75,740, $56,160, and $52,820.

3 minutes ago

Upbit will list MON

On November 24th, as per an official announcement, Upbit is going to list MON. Trading is anticipated to commence on November 25th at 00:00 in the local time.

3 minutes ago