📊👀 #BTC Based on the Bitcoin MVRV Pricing Bands, $BTC needs to reclaim $54,000 as support to prevent a drop to $40,000. If the $54,000 support holds, the key resistance on the upside for BTC is $67,000.
Читать полностью…📈 #EVAA, the main lending protocol in #TON, increased its TVL to a record $31 million
Читать полностью…📉🤔 #BTC's volatility has been low in July
However, August is shaping up to be a different beast due to the market selloff following last week's disappointing job market numbers.
We're finally seeing those rate cuts, but not because the Federal Reserve is achieving a soft landing.
As we've discussed before, a sustained increase in the unemployment rate consistently comes at the start of US recessions. So there are real reasons for concern now.
🙋♂ #GMX DAO offers integrate zero slippage into V2 and more closely align the GMX trading engine with the traditional order book
Читать полностью…🤬📉 Shares of MicroStrategy (#MSTR) and Coinbase (#COIN) fell 24% and 18%, respectively, in premarket trading.
Читать полностью…🗣👀 Bernstein remain optimistic regarding #BTC's long-term prospects: "We do not see any additional negative factors for the cryptocurrency. Institutional adoption trends for Bitcoin—ETF inflows and approvals from banks and payment processors—remain flat."
Читать полностью…🇺🇸🙅🏽♀️ The meeting between Kamala Harris' campaign team and "crypto industry leaders" has been postponed for unknown reasons. A new date has not yet been announced. x.com
Читать полностью…🧯🆕 #MAX Matr1x: 200 million MAX tokens were burned, which is 20% of the total supply.
Читать полностью…🕵♂🐳 Since July 16, whale 9dZAPP...dnzAz3 has withdrawn a total of 1.035 million #SOL (~$120 million) on Coinbase Prime. solscan
Читать полностью…🇺🇸👀 Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: -1,205 BTC (-$65.49M) 🔴
Fidelity outflows 1,661 BTC ($90.26M
#ETH-ETFs:
NetFlow: -22,779 ETH (-$54.94M) 🔴
Grayscale outflows 25,045 ETH ($60.41M)
📊 #BTC's brief visit below $50K coincided with the largest week of volume (~$99B thus far) since the November, 2022 FTX collapse. And due to the bullish trader sentiment just prior to this crash, average returns of BTC wallets active in the past 30 days fell to 26-month lows.
Читать полностью…🥳🎁 #ZRC Project L2 Zircuit announced about the launch of phase 1 of the main network and airdrop (21% of the total token supply), and also released ZRC tokenomics.
Читать полностью…🇺🇸🍿 #ETH 0.041 ETH was transferred from a US government address, which may be a check before a large transfer
Читать полностью…🎢 #BTC #ETF 20 mins into the trading session and Bitcoin ETFs have already seen $1.3bn in volume — this is extremely elevated
Читать полностью…😨📉 #BTC #ETF ProShares Bitcoin Strategy fell 17.5% and iShares Bitcoin Trust fell 17.7%.
G7 stock prices also fell sharply on the US stock market, with $1.3 trillion of their combined market value evaporating.
MicroStrategy shares fell more than 23%, Coinbase fell more than 18%.
🕵️♂️👀 #ETH 0xscope: Since August 3, the top five market makers have transferred a total of over 130,000 ETH directly or indirectly to the CEX.
Читать полностью…🇺🇸🗣 #macro Goolsby from the Fed:
- Employment data is lower than expected, but does not yet show signs of recession;
- The Fed’s task is not to respond to employment data for one month;
- If the economy worsens, the Fed will take steps to restore it;
- Presented the Fed were discussing an emergency rate cut.
Meanwhile, according to FedWatch, the market assumes a 100% probability of a rate cut by 50 bp. for the September meeting
🔝 Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 #ORI pooled.
🇬🇧🏦 Xapo Bank enters the UK market and becomes the first bank in the country to offer a combined interest-bearing bank account in $ and #BTC. cointelegraph
Читать полностью…💰 #AAVE Founder of Aave: Aave received income of $6 million from processing liquidations online.
One WETH position worth $7.4 million was liquidated, generating $802,000 in revenue for Aave
📉👀 Cryptocurrency market capitalization experienced its largest daily drop since 2022. theblock.com
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