Lookonchain: Public Firms Add Net 1,462 BTC
Lookonchain reports stablecoin supply fell $4.53B last week while public companies added a net 1,462 BTC worth $113.44 million, with Strategy purchasing 810 BTC and protocol revenue rising 9.22% WoW led by BeaverBuild.
SourceAnalysis
Lookonchain data shows stablecoin market cap dropped $4.53B in the week of Oct 26–Nov 1 while DEX spot volume rose 24.06% and perp volume climbed 5.79% week-over-week. Protocol revenue increased 9.22%, driven by BeaverBuild posting a 44812% surge. Three public companies added BTC holdings and one reduced, delivering a net +1,462 BTC ($113.44M), including Strategy buying 810 BTC ($62.85M) and Bitmine acquiring 8,573 ETH ($19.52M).
BTC trades at $77,777 beneath the 50-EMA at $79,093.81 inside a bearish structure, yet the MACD golden cross supports momentum while RSI at 42.91 remains neutral. Price sits inside the Bollinger bands with upper resistance at $78,533.67, pointing to likely consolidation before any sustained push higher.
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