๐ #AAVE CEO promises Aave V4 update coming soon with potential changes - single liquidity hub, support for Spoke modules, risk-based interest rates, improved liquidation system, preparation for cross-chain liquidity pooling (CCLL).
๐๐ค #BTC vs #ETH Anomaly:
For the first time in this 3-year cycle, a rare setup is unfolding: ETH has its own strength
๐น ETH Strength โ Positive (attracting flows)
๐น BTC Strength โ Neutral (rangebound)
๐ป Risk-Off: Major BTC wallets taking profit & rotating into ETH
For ETH to lead, BTC must hold the line โ capital rotation is tilting ETH into cycle leadership. source
For the first time in this 3-year cycle, a rare setup is unfolding: ETH has its own strength
๐น ETH Strength โ Positive (attracting flows)
๐น BTC Strength โ Neutral (rangebound)
๐ป Risk-Off: Major BTC wallets taking profit & rotating into ETH
For ETH to lead, BTC must hold the line โ capital rotation is tilting ETH into cycle leadership. source
๐บ๐ธ๐ฟ Trump fired Fed Board of Governors member Lisa Cook.
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๐บ๐ธ๐ฟ Fed Board of Governors member Lisa Cook said Trump doesn't have the authority to fire her, so she will continue in her role.
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๐ฝ Canary Capital has filed with the SEC to launch the Canary American-Made Crypto ETF (#MRCA) - the fund will track an index of US-linked cryptocurrencies. cointelegraph
๐ #BTC #ETF Santiment: BTC-ETFs have seen the longest outflows (6 market days) since duty fears peaked in early April. Increasingly, there are arguments that these inflows and outflows are driven by retail clients, not just institutional clients.
Many retail traders can make emotional decisions when they believe markets have peaked. This can temporarily trigger market declines, but often signals an imminent bottom (as we saw in April).
Many retail traders can make emotional decisions when they believe markets have peaked. This can temporarily trigger market declines, but often signals an imminent bottom (as we saw in April).
๐ฐ #BTC Semiconductor company Sequans raises $200 million to buy BTC. cointelegraph
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๐ #HYPE Hyperliquiquid's spot and perpetual trading volume in July was $330.8 billion, while Robinhood's volume was $237.8 billion. cryptoslate
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๐ #SOL Shares of Sharps Technology surged 96% yesterday after the company announced a $400 million allocation to Solana Treasury. cointelegraph
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๐๐ณ Whale Transactions:
1. Despite the correction, Machi Big Brother is still buying, opening longs on #ETH, #BTC, #HYPE, #YZY and #PUMP;
2. bc1qgf bought 455 #BTC ($50.75 million). Since July 18, he bought 2419 BTC ($280.87M) at an average price of $116,104 - a loss of >$16M;
3. 0xa523 sold 886,287 #HYPE ($39.66M) and 1.63M #Fartcoin ($1.27M) for a loss of $1.14M. He opened a 15x leveraged ETH long at $51,691 $ETH ($226.7M), which is now down over $13M, with liquidation at $4075.7;
4. 0x4097 withdrew 6334 ETH ($28.08 million) from Kraken after 4 years of inactivity.
1. Despite the correction, Machi Big Brother is still buying, opening longs on #ETH, #BTC, #HYPE, #YZY and #PUMP;
2. bc1qgf bought 455 #BTC ($50.75 million). Since July 18, he bought 2419 BTC ($280.87M) at an average price of $116,104 - a loss of >$16M;
3. 0xa523 sold 886,287 #HYPE ($39.66M) and 1.63M #Fartcoin ($1.27M) for a loss of $1.14M. He opened a 15x leveraged ETH long at $51,691 $ETH ($226.7M), which is now down over $13M, with liquidation at $4075.7;
4. 0x4097 withdrew 6334 ETH ($28.08 million) from Kraken after 4 years of inactivity.
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๐ค #ETH Eclipse Labs announced the appointment of a new CEO and the layoff of 65% of their employees. The restructuring is aimed at developing a new direction focused on in-house development of apps that can engage users. theblock
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๐ธ #BTC Over the last 24 hours, ~$942 million worth of contracts have been liquidated, of which longs have liquidated ~$832 million and shorts ~$110 million.
๐ฎ Polymarket users show skepticism about Trump's ability to send Powell into retirement in 2025, only 10% chance. coindesk
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โโ๏ธ Bitpanda rules out London IPO due to liquidity issues. cointelegraph.com
๐๐ Avalanche ( #AVAX) has overtaken Solana ( #SOL) in 24-hour stablecoin inflows, signaling a shift in liquidity trends. #stablecoin
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