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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
🥳 #OP Swell switches to the Superchain ecosystem from Optimism and develops an optimistic rollup on the OP Stack. theblock.com
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🔍 Wallet sold 135 #WBTC ($9.86 million) in profit after the BTC price exceeded $73,000.
He made $5.5 million by going long #BTC and #ETH over the last 3 months. He bought 285.4 #WBTC ($16.75 million) at $58,688, earning $4 million. Also bought 4,850 ETH ($11.29 million) at $2,329, earning $1.5 million.
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🇺🇸 10 whales spent $70.6 million betting on Trump's election victory on Polymarket.
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🕵️♂️ Among the 20 largest memcoins owned by Wintermute, 11 projects were listed on Binance. The largest positions: #PEPE, #MOODENG, #GOAT. x
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🕵️♂️ BlockFi transferred 12,067 #ETH (~$31.69 million) to Coinbase Prime.
Previously: BlockFi will distribute crypto assets to users through Coinbase.
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🇸🇬🥳 Fly Wing, a subsidiary of Matrixport, received In-principle approval from the Singapore regulator.
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🇺🇸 #BTC Florida CFO suggests using BTC to diversify public pension funds. cryptobriefing
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⚠️💩 X Renzo's account is believed to have been hacked.
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🍿🥳 Elon Musk said that X is developing video monetization features for creators, intending to compete with YouTube.
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🤝 Visa cooperate from Coinbase.
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📊📈 #BTC is near a fresh ATH. Under a valuation perspective $84K would be the next target (the "upper" band).
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💸 $215 million in short positions liquidated over the past 24 hours
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💵 💵 💵 1,000,000,000 #USDT (999,750,000 USD) minted at Tether Treasury
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🎢🤔 #BTC is in a very healthy position on-chain
While BTC is trading at similar levels to 2021 and earlier in 2024, the network’s underlying value has increased from $14,000 to $22,000 and from $26,000 to $33,000.
The price-to-average network value multiple for Bitcoin has halved, from 3.98x at the beginning of 2021 to 2.12x today. This decrease in the multiple suggests a strong, stable foundation for future growth rather than an overheated market poised for profit-taking.
There is currently much less unrealized profit in the market, indicating we are in the early-to-mid stage of a bull market, even though BTC is still trading around the $70,000 level.
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🙅♂👀 #DYDX fired 35% of their employees
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🔥 CNBC: 💰 "#Bitcoin is poised to hit $80K this year."
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🥳🎁 #KRO Kroma starts up KRO stamp.
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🕵️♂️ Alameda Research deposited 143.77k #WLD ($297.6k) on CEX 5 hours ago. Since August 9, they have deposited 2 million WLD ($3.46 million) on #Binance in several small batches.
They still have 23.01 million WLD ($47.6 million) left and it could take >3 years to completely liquidate these remaining tokens at the current rate.
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🔮 #RWA BCG: The RWA sector could reach $600 billion in the next 5 years. cointelegraph
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🚬 #TON OKX Ventures, The Open Platform and Folius Ventures announced on a partnership to launch a $10 million Telegram Growth Hub to spur innovation on the TON blockchain.
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📈🤑 #BTC #MSTR MicroStrategy has made more than $8.4 billion in profits from its position in Bitcoin
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🇨🇦 Canadian Sol Strategies sold #BTC and increased their assets for 12,389 #SOL.
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📈 #BTC #ETH #ETF Yesterday, the total net inflow of spot BTC-ETFs was ~$870.02 million.
Total net inflows of spot ETH-ETFs were ~$7.65 million. #CryptoETF
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⚠️💩 Keystone wallet X-account was hacked, do not follow the links.
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⛏️ #BTC One person independently mined a block of Bitcoin using FutureBit hardware. Apollo running at 6-10 TH/s, a self-hosted node and custom stratum software.
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🥳👀 #BTC #ACH Protocol Village: Alchemy, a platform for blockchain developers, gets its first Bitcoin-focused project with Rootstock integration coindesk.com
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JUST IN: 🇺🇸 🪙 Florida State's Chief Financial Officer endorses a ‘Strategic Bitcoin Reserve’.
"Bitcoin is often called “digital gold,” and it could help diversify the state’s portfolio and provide a secure hedge against the volatility of other major asset classes".
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🙋♂👀 #USDC Circle raises fees amid Fed rate cut
For stablecoin operators, falling interest rates mean less income from the cash reserves backing their tokens. theblock
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🎁👀 #FIL Glif, the largest #DeFi protocol on the Filecoin network, is preparing to release its own token #GLIF. The total supply of GLIF tokens will be 1 billion, of which 10% (100 million tokens) will be allocated for airdrop.
Airdrop recipients can access 25% of their tokens immediately, while the remaining 75% will be distributed linearly over 180 days. theblock
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🤝👀 #SOL VanEck cooperates with Kiln to support institutional staking SOL.
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