🙋♂️ Santiment: Why Did Your Portfolio Pump to Start the Week? Thank the Shorts!
https://insights.santiment.net/read/why-did-your-portfolio-pump-to-start-the-week-thank-the-shorts-8188?utm_source=twitter&utm_medium=post&utm_campaign=twitter_portfolios_pump_thank_the_shorts_b_101424/&fpr=twitter
#research
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🇺🇸🗣 #BTC Kashkari from the Fed: BTC remains worthless after 12 years.
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💰 The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding are Ithaca ($20M), a L2 blockchain developer, delta ($11M), a permissionless interoperable network of domains, and #TON ($10M), a L1 blockchain.
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🍿👀 #SUI Community accuses Sui in insider trading, which resulted in $400 million worth of tokens being sold.
Sui Foundation deny accusations and suggest that the seller was an infrastructure partner who receives tokens in accordance with the unlocking schedule.
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🗽👀 #ETH CEO BlackRock: The role of Ethereum as a blockchain may increase dramatically.
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📊 #SOL The total market capitalization of memcoins on Solana has exceeded $11 billion. #memecoin
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📊 Santiment: leaders in trading volume growth over the past week. #LEO #BOME #WSTETH
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👀 #BTC [Trading] Information on CARV new trading support (KRW, BTC, USDT markets) upbit BTCUSDT: 65690.21 #Upbit #Listing
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🇺🇸👀 Crypto policy and legislation comparison between Joe Biden, Kamala Harris, and Donald Trump. cointelegraph
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JUST IN: 💰 BlackRock CEO Larry Fink says "we believe Bitcoin is an asset class in itself."
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📈 #BTC A significant increase in rune activity over the past week has pushed Bitcoin transaction fees to a two-month high, with runes currently accounting for over 50% of Bitcoin block space.
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📊 #BTC Glassnode: Short-Term Holders currently show a profit dominance with their Profit/Loss Ratio trading at 1.2. This metric has recently broken 1 standard deviation above its 90-day mean, signaling a potential positive shift in investor sentiment.
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💰 Wallet containing 100 #BTC (~$6.59 million), transferred all BTC after 13.2 years of inactivity. The value of these BTC is $986 in 2011.
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💰 #OP #MINT Mint Blockchain got strategic investment of 750,000 #OP ($1.35 million) from the Optimism Foundation to develop NFT innovation. #NFT
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🕵️♂️ The FTX/Alameda wallet withdrew 178,631 #SOL ($28 million) from staking 4 hours ago. Based on previous transactions, these SOLs will soon arrive on Coinbase or Binance.
FTX/Alameda transfers ~170,000 SOL between the 12th and 15th of each month. There are currently 7.09 million SOL ($1.107 billion) still staked at H4y...gFZ.
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💩 Wallet lost $1.57 million after signing a phishing transaction.
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🕵️♂️ Justin Sun sent all 3.97 million #PUFFER to HTX 12 hours ago.
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😱💸 MrBeast accused of fraud
A Twitter user conducted an investigation and claims that MrBeast (320 million subscribers) earned more than $10 million through 'Pump and Dump' schemes in 2021.
The blogger bought little-known assets, promoted them to his audience, and then sold them after a sharp price increase:
#SUPER: invested $100,000, earned $9 million;
#PMON: invested $25,000, earned $1.7 million;
#SHOPX: invested $25,000, earned $765,000;
#STAK: invested $100,000, earned $1.2 million.
Many of these projects have now lost more than 90% of their value.
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🕵️♂️ Whale bought another 12,633 #AAVE ($2.02 million) today, accumulating 60,624 AAVE ($9.36 million) over the past 3 days. During this period, the price of AAVE increased by approximately 10%.
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🙋♂️ #ETH Vitalik proposes to reduce the Ethereum validator threshold from 32 ETH to 1 ETH. cryptobriefing
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📊🤔 #BTC The last three times Bitcoin broke above the 200-day moving average, we saw parabolic bull runs! Now, BTC is attempting to break through this hurdle once again.
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🇨🇳🤖 Chinese scientists have successfully cracked military encryption using a quantum computer.
This breakthrough raises serious concerns, as similar encryption methods underpin the security of blockchain networks like #BTC and #ETH.
In the future, the advancement of quantum technologies could jeopardize the security of cryptocurrency transactions. scmp.com
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👀 FinCEN Blames TD Bank for Failing to Report Suspicious Crypto Activity in Connection with $3 Billion Money Laundering Fines. theblock.com
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📊👀 Santiment: Traders are looking for opportunities in the GameFi and #memecoin sectors. Observed growing level of interest in these categories.
Given the markets' 5-week rally, expect some minor #FOMO to continue and more speculative assets to generate more discussion until a correction brings fear back into the crowd's minds.
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