The recent sideways price movement of Bitcoin, despite significant inflows into US Spot ETFs, has drawn attention. To contextualize the ETF demand, we can compare the ETF balance (862K BTC) to other major entities:

US Spot ETF: 862k BTC
Mt. Gox Trustee: 141k BTC
US Government: 207k BTC
All Exchanges: 2.3M BTC
Miners (Exc. Patoshi): 706k BTC

These entities collectively hold ~4.23M BTC, representing 27% of the adjusted circulating supply (total supply minus coins dormant for over seven years).

Here's the Analysis of #GAS :

#GAS strongly lower low within the falling wedge pattern and lying on the major support zone of $3.52 - $3.75. Price should making a reaction but need to wait for a breakout. A clean break and close below will lead the further dump in price.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, trying to push lower and might give a closing below too as its a last day for weekly. A closing below will open a gates for next support around $62,200 and even lower for grabbing liquidity.

#DXY UPDATE :

#DXY made a flip as we saw last week and now this week it push as we're expecting that. The result we already saw in the market, and still a this looks bullish till it reached 106.40%. So You can expect dump or a strong consolidation this week, so we'll see some sort of movement after this coming week.

What Is a Security Token Offering (STO)?

A security token offering (STO) is a form of initial coin offering (ICO) where a company or organization issues a security token that is backed by a tangible asset, such as real estate, technology or other assets. The security token represents the right to ownership of the underlying asset, with the tokens being tradeable on a compliant digital asset exchange.
Additionally, security tokens are subject to stricter regulation than traditional ICOs, which means that investors can rest assured that their assets are secure and that their investment adheres to compliance rules. This helps protect investors from fraud and other risks and provides them with greater flexibility and control over their investments.

What Is a Security Token?

A security token is a type of digital asset that derives its value from an external, tradable asset. It is a cryptographic token issued on a blockchain and represents a real-world tradable asset, such as stocks, bonds, commodities, real estate or even artwork. They offer many of the same benefits as traditional securities, such as asset ownership, voting rights and dividends. They are used to authenticate identities electronically by storing personal information. They are issued by security token services and authenticate a person's identity. They can be used alongside a password to prove an owner's identity. However, security tokens are not always secure and can potentially be lost, stolen or even hacked in the worst-case scenario.

There are three primary types of traditional securities: equities, debt and a hybrid of debt and equity. Examples of securities include stocks, bonds, ETFs, options and futures. Hypothetically, any of these things can be tokenized to become a security token. In the near future, security tokens could serve as a viable alternative and competitor to stocks and other traditional securities.

Security Tokens vs Cryptocurrencies

Security tokens are not the same exact thing as cryptocurrencies. Many people make this mistake. Cryptocurrencies such as Bitcoin, Litecoin and Bitcoin Cash run on their own blockchains. Security tokens run on an existing blockchain, meaning a security token could run on the Ethereum blockchain, which is most commonly used to deploy security tokens. Many companies use ERC-20 tokens, which are Ethereum-compatible tokens that can run on the Ethereum blockchain using smart contracts for execution.

Security Tokens vs Utility Tokens

Security tokens differ from other digital assets, such as cryptocurrencies and utility tokens, in that they are subject to regulatory compliance. Any investment in a security token must comply with the applicable securities laws. Security tokens are also often backed by real-world assets and thus offer investors greater liquidity, transparency and security than other digital assets.
The key difference between a security token and a utility token is that a security token is an investment contract that represents ownership in an underlying asset. In contrast, a utility token is designed to provide access to a specific service or platform. Security tokens often entitle holders to a share of profits, voting rights and/or dividends, while utility tokens provide access to services, features and products.

Here's the Analysis of #CVX :

#CVX is been consolidating in a range and forming a very steep triangle pattern, which is yet to breakout. Price action looks very messy and middle of the nowhere. Its better to wait for the zone to breakout or buys from $2.90 and $2.40 will be considerable.

#BTC weekly candle close heavily bearish with no wick at the bottom and trading below the $63,000. Now the expectations are $61,000 and lower support gonna be tested and a reversal can be expected.

#GOLD UPDATE :

#GOLD did attempted to push towards the resistance and made it way. But ended up being a fakeout, and dropped hard by NY Session. Currently price retesting the flip level and might proceed lower $2310 and $2300's.

Coinbase as an entity holds a vast fraction of both aggregate exchange balances, as well the US Spot ETF balances via its custody service. The Coinbase Exchange and Coinbase Custody entities currently hold an estimated 270k and 569k BTC respectively.

Here's the Analysis of #UNI :

#UNI flipped below the a strong flip area of $9.00 - $9.15 and with the market dump we can expect more to go. Nothing much here, better wait for the price, flip above again with a daily candle close.

Extending the support on the left, #BTC exactly bounced from the support zone around $59,500 and strong reacting. There's still a lot of bearish momentum on the left or it might be just a pullback, so can't just anticipate a clean reversal.