Crypto Pro Updates
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πŸ™‹β€β™‚οΈ #ETH FG Nexus announced the purchase of 47,331 ETH worth $200 million and plans to tokenize some of the assets.

Will also partner with Anchorage Digital and Galaxy to promote ETH as a corporate reserve asset globally and accelerate the development of real asset tokenization and stablecoin revenue business in the Ethereum ecosystem.
πŸ“ˆπŸ€” #ETH Clearing $4,300 could send Ethereum straight toward $5,241, according to the Pricing Bands.
πŸ—½πŸ‘€ #WAL Grayscale incorporated Walrus Trust in Delaware.
πŸ‡ΊπŸ‡ΈπŸ¦ #PYUSD Paxos have applied for a trust bank license in the US. reuters
πŸ“ˆ #BTC accumulator address demand hits a new ATH
🍰🧯#CAKE PancakeSwap burned CAKE for >$99 million.
πŸ“ŠπŸ‘€ Glassnode Report:
- In the spot market, the Relative Strength Index (RSI) rose from 41.5 to 47.5, moving out of oversold territory, while the CVD index rose sharply from active selling to near neutral;
- But trading volume in the spot market fell 22% to $5.7 billion, indicating that the recovery is not yet broad-based participation;
- The CVD index in the futures market indicates a marked shift to aggressive buyer movement and a rebound in confidence among leveraged traders;
- Overall, the market has moved from seller exhaustion to a strong rebound near recent market tops, but market dynamics should be closely monitored as high profitability and the potential for profit taking can quickly change sentiment.
πŸ™‹β€β™‚οΈ #UNI The Uniswap Foundation has proposed the "Duna DAO" structure, paving the way for the long-awaited fee change.
πŸ“ˆπŸ€” #BTC hash ribbons indicator flashes bullish cross. Miner capitulation is over and rallies have often followed by growth.
πŸ”’πŸ“ The biggest token unlocks this August by market cap: #AVAX, #ARB, and #APT.
πŸ—½πŸ‘€ #UNI Senator Lummis: Congrats to Uniswap for setting down roots in Wyoming! Our state’s laws for digital assets are best-in-class, and I commend the Wyoming Legislature for its foresight in creating decentralized nonprofit associations.
πŸ•΅οΈβ€β™‚οΈ #ETH Lookonchain: This mysterious institution created another 2 wallets and accumulated 44,999 ETH ($194M) in the past hour.

Over the past 7 days, they have accumulated 266,165 ETH ($1.15B) from FalconX, Galaxy Digital, and BitGo.
πŸ‡ΊπŸ‡ΈπŸ‘€ Crypto #ETF Flows Today:
#BTC-ETFs:
NetFlow: +3,308 BTC ($396.03M) 🟒
Blackrock inflows 3,089 BTC ($369.73M) and currently holds 742,451 BTC ($88.88B);
#ETH-ETFs:
NetFlow: +112,031 ETH ($470.76M) 🟒
Blackrock inflows 62,936 ETH ($264.46M) and currently holds 3,050,513 ETH ($12.82B).
πŸ‘¨β€πŸ’» Santiment: Top coins that are partially or fully associated with the Ethereum-based ecosystem, by development activity since last month. #LINK #STRK #ETH
πŸ“ŠπŸ‘€ #BTC CoinDesk Analyst: In September, $11B worth of bitcoin options are set to expire, with a heavy concentration of call options at the $140K strike price.

For August, the dominant strike price sits at $124K, IMO acting as a magnet that keeps bitcoin’s price below its all-time high and with a potential move to fill the CME gap down to $117K.
πŸ” Top Blockchains by DEXs volume growth in the last 30 days. #CELO #IOTX #MOVE
🌚 #LUNA #LUNC The federal judge hearing the case against Doh Kwon has scheduled a court hearing for tomorrow at which the Terraform Labs co-founder "may amend his plea agreement."
πŸ†•πŸ€ Fintech giant Stripe building 'Tempo' blockchain with crypto VC Paradigm. fortune
πŸ” Top Public Companies by #BTC Holdings

Strategy (#MSTR) holds more Bitcoin than all other publicly traded companies combined.
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πŸ’° BNC, formerly CEA Industries, bought 200,000 #BNB worth $160M, becoming the largest corporate holder of the token.
πŸ‡ΊπŸ‡ΈπŸ‡¨πŸ‡³ Trump has extended the US–China tariff truce by 90 days, pushing the enforcement deadline to November 9. #tradewars