🇺🇸🏦 #PYUSD Paxos have applied for a trust bank license in the US. reuters
📊👀 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.
- 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.
🙋♂️ #UNI The Uniswap Foundation has proposed the "Duna DAO" structure, paving the way for the long-awaited fee change.
📈🤔 #BTC hash ribbons indicator flashes bullish cross. Miner capitulation is over and rallies have often followed by growth.
🗽👀 #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.
🕵️♂️ #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.
Over the past 7 days, they have accumulated 266,165 ETH ($1.15B) from FalconX, Galaxy Digital, and BitGo.
📊👀 #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.
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.
🆕🤝 Fintech giant Stripe building 'Tempo' blockchain with crypto VC Paradigm. fortune
💰 BNC, formerly CEA Industries, bought 200,000 #BNB worth $160M, becoming the largest corporate holder of the token.
🇺🇸🇨🇳 Trump has extended the US–China tariff truce by 90 days, pushing the enforcement deadline to November 9. #tradewars
💸 Top Chains by Fees Generated
With $97.7M, Hyperliquid generated 35% of fees among all chains in the last 30 days. Part of the revenue is regularly used for #HYPE buybacks, pushing the token price higher.
With $97.7M, Hyperliquid generated 35% of fees among all chains in the last 30 days. Part of the revenue is regularly used for #HYPE buybacks, pushing the token price higher.