📊 #BTC CQ: MVRV is showing a dead cross on BTC, signaling weakening momentum.
MVRV also declined at the 2021 peak, indicating weakening capital inflows. That doesn't necessarily mean the same outcome awaits us. But the MVRV signals are noteworthy.
MVRV also declined at the 2021 peak, indicating weakening capital inflows. That doesn't necessarily mean the same outcome awaits us. But the MVRV signals are noteworthy.
🔮 CEO of Global Macro Investor and Real Vision: by 2030, the total number of cryptocurrency users could reach the 4 billion mark.
✅ #S Sonic Labs Community is accepting an offer to enter the US capital markets. theblock
🆕 #LINEA Binance Futures Will Launch USDⓈ-Margined LINEAUSDT Perpetual Contract Pre-Market Trading (2025-09-01). binance
📊 #ETH CQ: Despite the ongoing correction in Ethereum's exchange rate after the recent breakout of an all-time high, demand for ETH is not abating.
While #BTC reserves on Binance remain relatively stable, ETH reserves are showing a steady downward trend. This divergence indicates a higher demand for ETH compared to BTC.
While #BTC reserves on Binance remain relatively stable, ETH reserves are showing a steady downward trend. This divergence indicates a higher demand for ETH compared to BTC.
🤔 #WLFI According to CoinMarketCap, World Liberty Financial will unlock 27 billion WLFI at launch. cointelegraph
🔜 #WLFI launches on Binance, OKX, KuCoin, and more today at ~1:00 PM UTC. Priced at ~$0.33 with a $33B FDV, this Trump-backed DeFi token bridges TradFi and Web3.
🇸🇻🫂 #BTC El Salvador set to host the first-ever government-led Bitcoin conference.
🕵️♂️ WLFI transferred 485 million #WLFI (0.485% of total supply) to 2 addresses associated with Jump Crypto for market-making. That's 16.2% of the 3 billion tokens in the liquidity pools on CEX and DEX.
📊 #BTC CQ: Despite the pullback in BTC, on-chain data continues to show signs of accumulation by long-term holders, while BTC reserves on exchanges continue to decline.
MVRV has not reached critical values of ~3.6, which historically coincide with cycle peaks and all-time highs. The lack of market euphoria suggests that BTC has not yet entered the overheating phase.
Miner reserves are stable, with miners often selling aggressively during past market peaks.
The aSOPR (Adjusted Spent Output Profit Ratio) is also a valuable benchmark for identifying overvaluation phases: when the ratio remains above 1 for an extended period of time, it suggests that most coins in circulation are profitable.
Overall, these metrics indicate that while BTC is in a correction, there is still potential for growth if demand remains strong.
MVRV has not reached critical values of ~3.6, which historically coincide with cycle peaks and all-time highs. The lack of market euphoria suggests that BTC has not yet entered the overheating phase.
Miner reserves are stable, with miners often selling aggressively during past market peaks.
The aSOPR (Adjusted Spent Output Profit Ratio) is also a valuable benchmark for identifying overvaluation phases: when the ratio remains above 1 for an extended period of time, it suggests that most coins in circulation are profitable.
Overall, these metrics indicate that while BTC is in a correction, there is still potential for growth if demand remains strong.
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🥷💸 Top 10 hacks and exploits by funds lost this summer
Over $280M lost in the top 10 crypto hacks this summer. From #DeFi exploits to exchange breaches, security risks remain high.
Over $280M lost in the top 10 crypto hacks this summer. From #DeFi exploits to exchange breaches, security risks remain high.
🤑 #WLFI Trader made $263,866 in the first 10 minutes after WLFI launched.
Also WLFI soared to $1.1 with over $10M in trading volume on Gate.
Also WLFI soared to $1.1 with over $10M in trading volume on Gate.
🔄 BRC20 updated to "BRC2.0", integrating Ethereum Virtual Machine (EVM) compatibility.