
Loss aversion is front and center. Bitcoin ETFs just watched $3.5B walk out the door in November, the second-largest monthly outflow ever. ETH ETFs bled an extra $1.44B.
U.S. debt is climbing at a pace nobody wants to acknowledge, $1T every 75 days, and risk assets are reacting. With liquidity tightening and volatility spiking, the cracks are showing before the headlines catch up.
Bitcoin plunged as cascading liquidations ripped through leveraged positions, wiping out hundreds of millions in minutes. ETF outflows intensified the sell pressure, echoing November’s $2.2B BTC dump from BlackRock’s fund. Despite ETF outflows on BTC and ETH, BlackRock’s IBIT generates $245M yearly revenue. We don’t really know If it’s true but crypto ETF’s are the big revenue provider for Blackrock.
Microstrategy even buy today…The company now holds 649,870 BTC, worth $57B at $87,500, backed by debt that’s over-collateralized 7×. Management says no sales are planned, while Saylor remains unwavering: “We hold or buy more, even at $1.”
Either this is the smarter or the dumbest move of the finance history…
Solana remains a bright spot: HumidiFi captured 35% of all DEX volume with $38B monthly flow, while Circle minted $8B in USDC on Solana, signaling strong capital rotation.
Zama launched a sealed-bid auction for 10% of supply at a $55M floor, using FHE encryption for transparent price discovery. Zama can do good if they catch the hype and listen to the community.
In those times of the market, it’s better to invest in yourself. Your skills and contribution to the market. Because when everyone leaves, they throw the biggest chances to market and everyone wants to come back again…
I’m happy what I am building on Base right now. This is a good ecosystem to start. Highly suggest you stick to yourself for the sake of your investments. Thank you for reading. See you with better news!
Meluga
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