📊🤔 #BTC In the current cycle, we have only had 4 other periods (painted in green) where the average rate of the last 7 days of on-chain transactions on Bitcoin was below $1 dollar.

🔒 Almost 30% of #ETH is now staked

Out of the 121 million ETH supply, almost 36 million ETH is now taken off the market. And this is without the Ethereum Staking #ETF, which is expected to be approved soon.

📊👀 Deribit: On August 29, ~$14.5 billion in #BTC and #ETH options will expire.

👍 #XLM #ALGO #RWA VersaBank is testing tokenized deposits in Algorand, Ethereum and Stellar as part of a pilot project in the US. coindesk

📈 #AI Nvidia reported second quarter revenue of $46.7 billion, up 6% from the previous quarter and net income of >$26.4 billion, up 56% year-on-year. cointelegraph

📈 #BTC #ETH #ETF Yesterday, total net inflows of spot BTC-ETFs totaled ~$81.4 million.

Total net inflows of spot ETH-ETFs amounted to ~$307.2 mln.

🙋‍♂️ #SOL Motion Solana SIMD-0326 (Alpenglow) entered into the community voting phase.

📊 #SOL Santiment: Solana broke through the resistance level reached in February, rising above $211.70. For every bearish retail trader comment on SOL, there are 5.8 positive ones, which is at an 11-week high.

🇨🇳 Former Chinese Central Bank governor Zhou Xiaochuan warns against the use of stablecoins, citing potential threats to financial stability.

👀 #TREE #BTC [Trading] New Trading Support for Treehouse (TREE) (KRW, BTC, USDT Markets) upbit BTCUSDT: 112937,9 #Upbit #Listing

😒 #FTT Fenwick denies claims that she was a key figure in the collapse of FTX. cointelegraph

⛏️ #BTC Bitcoin Archive: 99% of all BTC will be mined by 2035.

🤔 #BTC Polymarket users estimate a 60% chance that BTC will be below $100,000 by 2026. theblock.co

🔍🐳 Whale Transactions:

1. James Wynn is back again, putting the last few thousand dollars on a #DOGE long with 10x leverage. Entry: $0.21298. Liquidation price: $0.20989;
2. SharpLink transferred another 23.46 million #USDT Galaxy Digital to buy more #ETH;
3. 4 new wallets (possibly related to
BitMine) received 42,867 ETH ($198 million) from FalconX in the last 12 hours.

✏️ Arthur Hayes published a new article predicting that by 2028 #ENA, #ETHFI and #HYPE will do 51x, 34x and 126x respectively.

🇵🇭 A Philippine senator says he intends to propose a bill to put the country's national budget on a blockchain platform. theblock

🇺🇸 Trump lists 11 people as nominees for Fed chairman, 3 of them are positive on cryptocurrency. cointelegraph #macro

👍 Soneium introduces a points system to track and incentivize user activity on its blockchain. theblock.co

📊🤔 #BTC Bitwise: In order for bitcoin's MVRV ratio to reach a value of 7 - which has signalled excessive valuations in the past - bitcoin's price would need to increase by a factor of 3.04 x times.

This bull market is far from over.

🤔 #YZY According to Bubblemaps, of the 70,200 traders who invested in YZY, over 51,800 suffered losses, with three traders losing >$1 million. However, 11 wallets made >$1 million. cointelegraph

🔝 Top 15 best-performing tokens of the summer. #USELESS #MYX #LIF3