🤖🙅♂ #AI Meta is downsizing its AI division, including some executives leaving
📊👀 #BTC Glassnode Report:
- Strong inflows into ETFs and increased derivatives activity contrast with weakening onchain signals, making the situation volatile;
- Traders are still willing to pay for long positions, albeit with uncertainty;
- The options market has seen increased activity, with open interest exceeding extremes and volatility spreads widening sharply, reflecting increased hedging and speculative activity, with strong demand for downside protection.
- Strong inflows into ETFs and increased derivatives activity contrast with weakening onchain signals, making the situation volatile;
- Traders are still willing to pay for long positions, albeit with uncertainty;
- The options market has seen increased activity, with open interest exceeding extremes and volatility spreads widening sharply, reflecting increased hedging and speculative activity, with strong demand for downside protection.
📊 CQ: #BTC's weakness reflects previous cycles
BTC has seen a notable price decline starting about 480 days after the halving. If the trend continues, the current pullback could last another 2-4 weeks, with history suggesting a recovery and acceleration to new highs by around day 510.
BTC has seen a notable price decline starting about 480 days after the halving. If the trend continues, the current pullback could last another 2-4 weeks, with history suggesting a recovery and acceleration to new highs by around day 510.
📊 #SUI State of SUI in Q2 2025:
- Average daily trading volume on Sui DEX reached a new all-time high of $367.9 million in Q2 (+20.8%), led by Cetus and Bluefin with average daily trading volume on DEX of $170.7 million and $78.5 million respectively;
- SUI's market capitalization increased 31.3% to $9.44 billion, outperforming the broader cryptocurrency market, which rose 23.5% over the same period;
- TVL grew 17.7% to 631.8 million SUIs from 536.6 million
- Average daily trading volume on Sui DEX reached a new all-time high of $367.9 million in Q2 (+20.8%), led by Cetus and Bluefin with average daily trading volume on DEX of $170.7 million and $78.5 million respectively;
- SUI's market capitalization increased 31.3% to $9.44 billion, outperforming the broader cryptocurrency market, which rose 23.5% over the same period;
- TVL grew 17.7% to 631.8 million SUIs from 536.6 million
🎰 James Wynn's long position in ETH has been partially liquidated.
The new liquidation price: 4 113,1$
The new liquidation price: 4 113,1$
📊 #BNB Chain's TVL is $13.4B, the level not seen in 3 years. Meanwhile, active addresses have hit 14M for 9 weeks in a row.
The strength is reflected in $BNB price. While most tokens pulled back from recent highs, BNB is just 3% below ATH.
The strength is reflected in $BNB price. While most tokens pulled back from recent highs, BNB is just 3% below ATH.
📈👀 #BTC has seen a significant increase in profit taking over the past week, with increased selling seen from investors taking profits, according to Glassnode
This media is not supported in your browser
VIEW IN TELEGRAM
🗣 #BTC Anthony Scaramucci says institutions are piling in while whales reshuffle. With only 450 BTC mined daily, demand is crushing supply.
He calls $180K–$200K by year end a conservative target.
He calls $180K–$200K by year end a conservative target.
📈 #ETH Corporations have already bought up more than 2% of the total Ethereum supply, according to Coinbase data.
🇺🇸🏦 #BTC Digital bank SoFi Technologies will become the first US bank to utilize the Bitcoin network and Universal Money Address. cointelegraph
👍 Executives from Solana Policy Institute, Blockchain Association, Paradigm, Digital Currency Group, Coinbase and others have formed the American Innovation Project, a new non-profit lobbying organization to protect cryptocurrencies. cointelegraph
📊 Santiment: the past 24 hours have seen the most pessimistic mood on social media since fears of Iran's war with Israel triggered a wave of panic selling on June 22.
Historically, this negative sentiment has benefited patient traders who have been waiting for an opportunity to buy or build up positions.
Historically, this negative sentiment has benefited patient traders who have been waiting for an opportunity to buy or build up positions.
🏴☠️🐡 #PUFFER PeckShieldAlert: Puffer Finance website and X-account hacked.
🤝 #BTC Core is partnering with Hex Trust to offer institutional BTC staking across Asia Pacific, Middle East and North Africa. blockchainreporter
📊 Digital Asset Treasury (DAT) strategies have become a dominant force in cryptocapital allocation this year, with companies raising more than $15 billion by August, according to The Block.
This trend is gaining momentum, as companies announcing DAT strategies often see significant share price appreciation. theblock
This trend is gaining momentum, as companies announcing DAT strategies often see significant share price appreciation. theblock
📉 #BTC Strategy falls to 4-month low as cryptocurrency stocks and digital asset treasuries tumble. coindesk