🤔 #ETF Bloomberg ETF analyst James Seyfarth argues that the current market represents an alt season through digital asset treasury firms than traditional token price growth. cryptoslate
📊 Santiment: a significant bullish divergence has been forming for the past two weeks:
- #BTC market value is down 5.9% since Aug. 22;
- the S&P 500 index is up 0.4% since Aug. 22;
- gold is up 5.5% since Aug. 22.
Since the start of 2022, cryptocurrencies have been particularly correlated with stocks as institutional investors increasingly add to their holdings.
In cases like this, BTC (and altcoins) are highly likely to play catch-up if they follow the price trends of the global economy.
- #BTC market value is down 5.9% since Aug. 22;
- the S&P 500 index is up 0.4% since Aug. 22;
- gold is up 5.5% since Aug. 22.
Since the start of 2022, cryptocurrencies have been particularly correlated with stocks as institutional investors increasingly add to their holdings.
In cases like this, BTC (and altcoins) are highly likely to play catch-up if they follow the price trends of the global economy.
✏️ #NFT According to a report by DappRadar, the NFT market completed its two most successful months since February.
NFT trading volumes were up 9%, while the number of sales fell 4%.
According to CoinGecko, NFT trading volumes surged in the last 24 hours, rising more than 25% to a high of $7.9 million. cointelegraph
NFT trading volumes were up 9%, while the number of sales fell 4%.
According to CoinGecko, NFT trading volumes surged in the last 24 hours, rising more than 25% to a high of $7.9 million. cointelegraph
🔍🐳 Whale Transactions:
1. Whale and institutional investors purchased a whopping 218,750 ETH ($942.8 million) in the last two days. Bitmine bought 69,603 ETH ($300 million) from BitGo and Galaxy Digital. Five new wallets have purchased $102,455 $ETH ($441.6 million) from FalconX;
2. 0xb2c7 acquired 14,000 #MKR ($24.25M) from FalconX;
3. 0xc230 received 8,753 #MKR ($15.37M) from FalconX;
4. Machi Big Brother opened a #WLFI long at 10MKR ($1.8M) from FalconX.
1. Whale and institutional investors purchased a whopping 218,750 ETH ($942.8 million) in the last two days. Bitmine bought 69,603 ETH ($300 million) from BitGo and Galaxy Digital. Five new wallets have purchased $102,455 $ETH ($441.6 million) from FalconX;
2. 0xb2c7 acquired 14,000 #MKR ($24.25M) from FalconX;
3. 0xc230 received 8,753 #MKR ($15.37M) from FalconX;
4. Machi Big Brother opened a #WLFI long at 10MKR ($1.8M) from FalconX.
🕵️♂️ Ethereum ICO participant who received 1,000,000 #ETH has transferred funds after 8 years of inactivity.
He transferred 150,000 ETH ($645 million) to a new staking wallet.
He invested $310,000 in an ICO through 3 wallets and received 1,000,000,000 ETH , which is now worth $4.3 billion.
He transferred 150,000 ETH ($645 million) to a new staking wallet.
He invested $310,000 in an ICO through 3 wallets and received 1,000,000,000 ETH , which is now worth $4.3 billion.
💸 #BTC Over the last 24 hours, ~$275M worth of contracts have been liquidated, of which longs have liquidated ~$206M and shorts ~$68M.
⛏️🐶 #DOGE Thumzup enters into agreements to acquire 3,500 Dogecoin miners from DogeHash, predicting annual revenue of up to $103 million if DOGE exchange rate reaches $1. cointelegraph
🤝 #XRP Ripple is partnering with Chipper Cash, VALR and Yellow Card to launch RLUSD in Africa. thefintechtimes
🕵️♂️ Ethena wallet "0x877b" has once again contributed 5 million #ENA ($3.27 million) to Binance.
🇪🇺 #ETH #SOL Crypto exchange Gemini has launched ETH and SOL steaking and perpetual futures contracts for EU customers. coindesk.com
👍 #BTC Sora Ventures launches Asia's first BTC fund and plans to acquire $1 billion worth of BTC within 6 months. bitcoinmagazine
📊🤔 CQ: #BTC VDD Signals Easing Long-Term Holder Pressure
If this selling pressure keeps easing, it will certainly provide relief to the market and may allow for a renewed move higher, provided demand steps in.
If this selling pressure keeps easing, it will certainly provide relief to the market and may allow for a renewed move higher, provided demand steps in.
📊👀 #BTC – The EMA ribbons have been acting as a good buy zone for BTC since price broke out above it and flipped it as support.
So far, price has tested the EMA ribbons 4 times, and each time it has bounced back from the support.
The EMA ribbons are currently around $93,900. If the price takes a deeper pullback, this area might act as a strong support zone.
So far, price has tested the EMA ribbons 4 times, and each time it has bounced back from the support.
The EMA ribbons are currently around $93,900. If the price takes a deeper pullback, this area might act as a strong support zone.
🐳 #BTC CQ: Over the past thirty days, whale stocks have fallen by over 100,000 BTC