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#LDO
Arthur Hayes continues to dump altcoins – he recently sold another 320,000 LDO ($226k).
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A lot of important macro data will be released tomorrow, 26 November Expected high volatility Don't open new positions until data release Close your high risk positions
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BlackRock transferred 4,471 BTC ($391 million) to the Coinbase Prime exchange – wallet
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🇦🇪 DEXs, cross-chain bridges, DeFi protocols, stablecoins, and Web3 infrastructure are officially under the supervision of the UAE Central Bank. The new law, "Federal Decree Law No. 6," expands the powers of the Central Bank and makes any operations with digital assets part of financial activity. Key points: ➠ "We're just code" is no longer an excuse. Even decentralization does not exempt one from government requirements (licenses). ➠ Any cryptocurrency services involving payments, exchanges, storage, or transfers require a Central Bank license. ➠ Fines for operating without a license: up to $272 million plus possible criminal liability. ➠ Self-custody is not prohibited; the requirements apply only to companies. ➠ Transition period: until September 2026.
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🤔 Anthony Pompliano: The crypto market is scaring newcomers, but established holders are calmly awaiting BTC growth. ▪Over the past ten years, Bitcoin has declined by 30% or more twenty-one times. Seven times, the decline exceeded 50%. For established holders, this is normal volatility, but Wall Street newcomers have never seen anything like this and are now nervous. ▪The current 35% decline from the all-time high is a normal reset. BTC volatility has almost halved, meaning pullbacks are now smaller. According to the Fear and Greed Index, we're in a zone where the market doesn't hold steady for long. ▪Leverage in the system has decreased, mass liquidations have occurred, and the market has been cleared. This doesn't look like the start of a bear market. Bitcoin will likely move sideways and then begin to rise. Volatility isn't a bug, it's the fuel for growth. BTC has grown 240-fold in a decade, and even if the next few years only yield 20-30% per year, it's still better than stocks. Bitcoin remains king in this cycle. Wall Street first embraced BTC and is only now turning its attention to ETH and SOL, but the "digital gold" category is still the most powerful. Anthony Pompliano is an American investor, entrepreneur, and popular crypto commentator known for his pro-Bitcoin outbursts.
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