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ββοΈ #SOL Joe McCann (founder of hedge fund Asymmetric) has abandoned a plan to raise $1 billion for a company that will hold SOL due to negative reaction to his fund's poor performance.
π£ #ETH The Ethereum Foundation's co-executive director called on core teams to prioritize the "Fusaka" hardfork scheduled for the fourth quarter and suspend prospective debate on "Glamsterdam," an update scheduled for early 2026, warning that a lack of coordination was jeopardizing the deadline.
π #ETH Daily Ethereum transaction volume reached 1.74 million for the first time.
π³ Whales are accumulating #BTC:
- Newly created wallet "175k5C" withdrew 100 BTC ($11.71M) from Binance an hour ago.
- Whale "bc1qgf" received another 263 BTC ($30.82M) from FalconX today, currently holding 891.5 BTC ($104M).
- Newly created wallet "175k5C" withdrew 100 BTC ($11.71M) from Binance an hour ago.
- Whale "bc1qgf" received another 263 BTC ($30.82M) from FalconX today, currently holding 891.5 BTC ($104M).
ππ CQ: #BTC's phases so far in the current cycle, based on the Bull Score Index. We are currently in a "Bullish Cooldown" phase.
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π£ #BTC Natalie Brunell: The Trump White House recognizes that Bitcoin is the most important asset in all of crypto and that self custody is essential.
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π¦π€ #SUI Sygnum has partnered with Sui Foundation to offer regulated institutional custody and trading of SUI assets.
SUI steaking will be added in the coming weeks, with collateralized loans planned for the fourth quarter. coindesk
SUI steaking will be added in the coming weeks, with collateralized loans planned for the fourth quarter. coindesk
π Ecoinometrics: #BTC Tracks Stocks, Not Gold
BTCβs correlation with the Nasdaq 100 is back above average β explaining its recent moves. When stocks fall, Bitcoin follows. When stocks recover, BTC bounces too.
Despite the βdigital goldβ label, Bitcoin trades like a risk-on asset, showing little correlation with gold or bonds.
BTCβs correlation with the Nasdaq 100 is back above average β explaining its recent moves. When stocks fall, Bitcoin follows. When stocks recover, BTC bounces too.
Despite the βdigital goldβ label, Bitcoin trades like a risk-on asset, showing little correlation with gold or bonds.
π #ETH Bitmine became the world's largest Ethereum treasury. They now hold over $3.33B in ETH.
ππ #BTC Short-Term Holder cost basis at $106.4k β a level that has historically acted as strong support during bull markets.
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ππ€ #XRP The last two times the MVRV ratio flashed a golden cross, XRP soared 630% and 54%. That signal just appeared again.
π #BTC Sentora: Centralized exchange Bitcoin balances fell ~9 k BTC in the last week of July, indicating cold-storage moves rather than panic exitsβa sign that βwait-and-seeβ institutions prefer self-custody until the rulebook is final.