FlashPANews
CryptoQuant Founder: Coinbase Premium Drops to 4-Year Low
CryptoQuant founder Ki Young Ju posted on the X platform stating that the Coinbase Premium Index has fallen to a 4-year low. The last time the index reached such a low level was after the FTX collapse in November 2022, when BTC was at its cyclical bottom. Ki Young Ju believes that current market sentiment has turned sufficiently bearish to constitute a bullish signal. The Coinbase Premium Index is commonly used to gauge the strength of buying demand from U.S. investors.
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View allData: BlackRock Transfers 37,500 ETH to Coinbase Prime
Per Onchain Lens monitoring, BlackRock transferred approximately 37,470 ETH, valued at roughly $83.3 million, from its Ethereum ETF wallet to Coinbase Prime. Arkham data indicates the related transfers were executed in multiple transactions over the past several hours.
Jupiter Lend Faces Liquidity Crunch, Partial Withdrawals Temporarily Affected
Solana ecosystem lending protocol Jupiter Lend posted on X stating that, impacted by the overall market environment, the protocol is currently experiencing tight liquidity, with partial withdrawals affected. With users making deposits or repaying loans, withdrawals will resume processing, liquidity will soon be available again, the protocol is operating normally, and all funds are safe. Jupiter Lend previously stated that it has no exposure to Binance, does not hold funds on Binance, and has no asset losses. The current situation is a market reaction to the news of the Binance exploit.
Canada’s economy stagnates for second month as September contraction looms
Canada’s economy stagnates for second month as September contraction looms
U.S. Pre-Market News Roundup: Elon Musk Is Gradually Transforming SpaceX's AI Business to Rent Out Computing Power to Clients Including Anthropic and Google
Key U.S. stock market financial news for investors to focus on is as follows: 1. The three major U.S. stock index futures posted divergent performance. Dow Jones Index futures rose 0.01%, S&P 500 Index futures fell 1.06%, and Nasdaq 100 Index futures dropped 2.58%. 2. International oil prices rose across the board. WTI crude oil futures prices increased by 2.11% to settle at $104.153 per barrel; Brent crude oil futures prices rose 2.28% to settle at $113.325 per barrel. 3. International spot gold and silver prices declined collectively. Spot gold prices fell 1.46% to $3962.61 per ounce; spot silver prices dropped 3.93% to $50.09 per ounce. 4. The three major European stock indexes posted mixed performance.
Spot silver breaks below the $50 threshold
Spot silver has fallen below the key psychological level of $50 per troy ounce, currently trading at $49.992, marking an intraday decline of 4.13%.