📊👀 #BTC Glassnode Report: The market has moved from euphoria to reassessment, with oversold and depleted seller positions pointing to a potential rebound. However, market fragility is growing and the structure remains vulnerable to external negatives or a delayed recovery in demand.
📈🤔 #BTC sales volume surged to $1.55 billion, repeating levels seen on July 30 and August 1.
💸 #TRX just recorded $1.4B in realized profit in a single day - the second-largest profit event YTD. glassnode
📊📈 Monthly onchain stablecoin volume hit a new all-time high last month, settling more than $1.5 trillion for the first time. #stablecoin
📉🤔 First Crypto #ETF Outflow in 15 Weeks
Last week marked the first net outflow from crypto ETFs in 15 weeks. This week is also showing continued outflows, reinforcing the “buy the rumor, sell the news” pattern as the long-anticipated crypto legislation was finally signed into law.
Last week marked the first net outflow from crypto ETFs in 15 weeks. This week is also showing continued outflows, reinforcing the “buy the rumor, sell the news” pattern as the long-anticipated crypto legislation was finally signed into law.
📲 #SOL Solana Mobile begins shipping Seeker smartphones to more than 50 countries worldwide.
🆕🦊 MetaMask is set to launch a new stablecoin called “MetaMask USD” (#mmUSD), which will be issued by Stripe. #stablecoin
📈👀 #USDT Paolo Ardoino: 40% of all blockchain fees are paid to send USDt. That's across 9 chains: ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon & Optimism.
💸 #ETH Applications on Ethereum have generated ~$26.8 billion in user-paid fees since launch.
The 3 biggest contributors to the Ethereum economy or its GDP are: Tether, Uniswap, and Circle.
The 3 biggest contributors to the Ethereum economy or its GDP are: Tether, Uniswap, and Circle.