📊👀 #ETH CQ: Binance sees $1.65B stablecoin surge as Ethereum withdrawals near $1B.
This marks the second time this month that stablecoin deposits have surpassed the $1.5B threshold, underscoring a renewed wave of capital entering the spot market.
This marks the second time this month that stablecoin deposits have surpassed the $1.5B threshold, underscoring a renewed wave of capital entering the spot market.
🗣 #BTC Peter Schiff warned Bitcoin’s drop below $109K could extend to $75K, urging investors to sell now and buy back lower.
🇺🇸 As of Sept. 3, the five-member CFTC will shrink to one member. The only commissioner will be acting chair Caroline Pham, a cryptocurrency advocate who was appointed by Trump. coindesk
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📊 #FTM CQ: the number of daily transactions on the Fantom blockchain has fallen to its lowest level since April 2021.
At the same time, the number of daily active addresses has stabilized at 20-40 thousand, indicating a decline in user influx.
Meanwhile, the FTM price is hovering >90% below its all-time high and there is no demand.
These indicators suggest that Fantom may need fundamental catalysts (e.g., upgrades or partnerships) to regain strength.
At the same time, the number of daily active addresses has stabilized at 20-40 thousand, indicating a decline in user influx.
Meanwhile, the FTM price is hovering >90% below its all-time high and there is no demand.
These indicators suggest that Fantom may need fundamental catalysts (e.g., upgrades or partnerships) to regain strength.
👍 Google Cloud announced the launch of its L1 blockchain GCUL, which simplifies cross-border payments and asset settlement using a distributed ledger.
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🔍🐳 Whale Transactions:
1. BTC OG closed a long of 96,452 #ETH ($433 million) for a profit of $2.6 million; he also sold 3,968 #BTC ($437 million) and bought spot 96,531 ETH ($443 million). In total, he bought 641,508 ETH ($2.94 billion) in the last week;
2. 8 new wallets received 35,948 ETH ($164 million) from FalconX and Galaxy Digital;
3. 6 new wallets (possibly Bitmine-related) received 95,789 ETH ($427 million) from BitGo;
4. 3 kit wallets opened a huge long on #XPL, which led to a rise to $1.8, liquidation of shorts, and a profit of almost $38 million in less than an hour.
1. BTC OG closed a long of 96,452 #ETH ($433 million) for a profit of $2.6 million; he also sold 3,968 #BTC ($437 million) and bought spot 96,531 ETH ($443 million). In total, he bought 641,508 ETH ($2.94 billion) in the last week;
2. 8 new wallets received 35,948 ETH ($164 million) from FalconX and Galaxy Digital;
3. 6 new wallets (possibly Bitmine-related) received 95,789 ETH ($427 million) from BitGo;
4. 3 kit wallets opened a huge long on #XPL, which led to a rise to $1.8, liquidation of shorts, and a profit of almost $38 million in less than an hour.
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🔮 #ETH Fundstrat co-founder and BitMine chairman Tom Lee said ETH will reach $5500 in the next couple weeks and $10,000-12,000 by the end of the year.
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📊 #BTC CQ: the 30-day moving average of the bitcoin buy/sell ratio has reached its lowest value since May 2018. If this trend continues, we should expect a major price correction or even a prolonged downtrend.
🏦🧐 #CBDC Global central banks are stepping up work on their own digital currencies (CBDC) in a bid to offer a sovereign alternative to cash as its use declines and the tokenization of traditional assets grows. - annual survey BIS
85 CBs surveyed (91%) are exploring either retail or wholesale CBDCs, or both.
85 CBs surveyed (91%) are exploring either retail or wholesale CBDCs, or both.
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🇭🇰🫂 #BTC The world's largest Bitcoin conference BTC Asia Conference 2025 kicks off tomorrow in Hong Kong. The conference will be hosted by Trump's son Eric Trump.
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💳🤝 #USDC #EURC Mastercard expands partnership with Circle to transform digital settlement for merchants and acquirers in region. mastercard.com
🕵️♂️ Bitcoin OG sold 750 #BTC ($83.11M) in the last 2 hours.
He got 5,000 BTC (then $1.66M) 12 years ago and only started selling after the price of BTC exceeded $90,000 in December 2024.
In total, he sold 1,750 BTC ($189.3 million) at an average price of $108,160, leaving 3,250 BTC ($360.75 million). The total profit was $550 million, which is x331.
He got 5,000 BTC (then $1.66M) 12 years ago and only started selling after the price of BTC exceeded $90,000 in December 2024.
In total, he sold 1,750 BTC ($189.3 million) at an average price of $108,160, leaving 3,250 BTC ($360.75 million). The total profit was $550 million, which is x331.
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