π½π FOX: The SEC and CFTC have issued a joint staff statement under Project Crypto-Crypto Sprint, outlining coordination efforts to enable trading of certain spot crypto asset products and provide regulatory clarity for exchanges. sec.gov
πΊπΈπΉ The SEC and CFTC have issued a joint statement that registered companies can engage in spot trading of cryptocurrencies and should contact them with questions about the details. coindesk #regulation
π€ Citi: cryptocurrencies are expected to capture a tenth of the post-trade market by 2030. cointelegraph
π€ #AI Anthropic's valuation triples to $183 billion as Claude AI gains traction in cryptocurrency. cointelegraph
π½ Figure Technologies seeks >$4 billion valuation in Nasdaq IPO. coindesk
π€ Bridgewater CEO Ray Dalio: cryptocurrency is now an alternative currency whose supply is limited, so all other things being equal, if the supply of dollars increases and/or demand drops, that would probably make cryptocurrency an attractive alternative currency.
I think most fiat currencies, especially those that involve a lot of debt, will find it difficult to be an effective store of wealth and will fall in value relative to hard currencies. This is exactly what happened between 1930 and 1940 and 1970 and 1980.
I think most fiat currencies, especially those that involve a lot of debt, will find it difficult to be an effective store of wealth and will fall in value relative to hard currencies. This is exactly what happened between 1930 and 1940 and 1970 and 1980.
π₯ Cryptocom CEO says digital assets will rise in Q4, primarily due to the US Central Bank cutting interest rates. cointelegraph
π Search volume for the query "memecoin" on Google rose to 57 after months of low activity, indicating a marked increase in interest from retail buyers. theblock
π€ #ETH Co-founder of Sharplink Gaming: companies that buy and hold Ethereum in an attempt to maximize the value of their assets will be at significant risk in the event of a market downturn. cointelegraph
ππ³ Whale Transactions:
1. Whale withdrew 5100 #ETH ($22.02M) from OKX. In the last 5 days, he has withdrawn 42,681 ETH ($185 million) from OKX via 3 wallets.
2. 0xd8ef contributed 3.25 million #USDC on Hyperliquid and opened an ETH short with 25x leverage. Position: 3000 ETH ($12.98 million) Liquidation Price: $5291.9
3. 0xC50a contributed 1 million USDC on #yperliquid and opened a long on #SOL with 20x leverage. Position: 48,000 SOL ($10.13 million). Liquidation price: $195.19;
4. 5oMWCZ contributed 15,555 SOL ($3.24M) to Hyperliquid by selling it and buying #HYPE. He now owns 352,913 HYPE ($15.77 million) with an unrealized gain of $1.5 million.
1. Whale withdrew 5100 #ETH ($22.02M) from OKX. In the last 5 days, he has withdrawn 42,681 ETH ($185 million) from OKX via 3 wallets.
2. 0xd8ef contributed 3.25 million #USDC on Hyperliquid and opened an ETH short with 25x leverage. Position: 3000 ETH ($12.98 million) Liquidation Price: $5291.9
3. 0xC50a contributed 1 million USDC on #yperliquid and opened a long on #SOL with 20x leverage. Position: 48,000 SOL ($10.13 million). Liquidation price: $195.19;
4. 5oMWCZ contributed 15,555 SOL ($3.24M) to Hyperliquid by selling it and buying #HYPE. He now owns 352,913 HYPE ($15.77 million) with an unrealized gain of $1.5 million.
β€1
π Monthly spot trading volume on cryptocurrency exchanges reached $1.86 trillion in August, the highest since January. theblock
π΅ Major #USDT whale moves spotted:
- 400M USDT transferred from Ceffu to unknown wallet;
- 387.4M USDT moved from unknown wallet to Binance;
- 300M USDT transferred from HTX to Aave.
- 400M USDT transferred from Ceffu to unknown wallet;
- 387.4M USDT moved from unknown wallet to Binance;
- 300M USDT transferred from HTX to Aave.