✏️ Grayscale Research published a new report: stated that #BTC performed worse than #ETH and other cryptocurrencies. They stated that the nature of returns allows Q3 to be considered an alt season.

🔮 Citi raises stebliccoin market capitalization forecast to $4 trillion by 2030. cointelegraph

⛏️ Miner TeraWulf plans to raise ~$3 billion to support the construction of its data centers. bloomberg #mining

🔍🐳 Whale Transactions:

1. In the last 2 days, 16 wallets received 431,018 #ETH ($1.73 billion) from Kraken, Galaxy Digital, BitGo, FalconX and OKX;
2. 0xFB3B withdrew another 6.34 million #ASTER ($12.95 million) from Gate;
3. new wallet 0xd80D deposited 30 million #USDC on Hyperliquid and bought 12.91 million #XPL ($17.4 million).

🤑😱 #BTC The fear and greed index is 33 - fear.

🗽👀 #CRO Crypto.сom received approval from the CFTC to launch margin derivatives in the US.

🎩🇸🇻 #BTC El Salvador has increased its holdings by 8 BTC in the last 7 days.

📊🤔 #BTC CQ: Taker Sell pressure peaked. Net Taker Volume just flashing a bullish signal.

📉 The total market capitalization of cryptocurrencies declined by $260 billion in a week.

📊👀 #ETH liquidity heatmap is showing decent long liquidations around the $3,700-$3,800 level.

This level could be revisited again before Ethereum shows any recovery.

🕵 #ASTER After being liquidated on ASTER, James Wynn is back and has opened a 3x leverage long position on ASTER.

📊👀 #ASTER DefiLlama: DEX Aster's cumulative perpetual commission revenue has surpassed $100M. In addition, Aster's commission revenue totaled $56.3M in the last seven days, 2.5 times that of Hyperliquid ($21.75M), and overtook Circle ($54M) for second place in the protocol revenue rankings, behind only Tether.

🤔 #HYPE Mercury published a proposal to blacklist Arthur Hayes' wallet because of his HYPE sales, describing him as "a famous trendline breaker, the epitome of peak market signals, an amateur philosopher," and stating that he needs to be stopped before he starts buying up HYPE tokens again.

Previously:
- Arthur Hayes sold 96.6k HYPE tokens worth $5.1 million dollars
- Hayes predicts HYPE will grow 126x by 2028

🏴‍☠️🍿 #HYPE Hypervault deleted their Twitter account

🏴‍☠️ #HYPE #HYPED Hyperdrive: Two wallets using thBILL Theo in the Hyperdrive Treasury Market as collateral appear to have been attacked. Hyperdrive has suspended all financial markets as a precautionary measure.

📉 #BTC futures open interest dropped from $44.8B → $42.7B. Leverage has been flushed, setting the stage for the next leg higher.

📊👀 #ETH Strategicethreserve: With the fall in the price of ETH, the mNAV of three Ethereum treasuries (SharpLink, The Ether Machine, and ETHZilla) has fallen below 1 (Bitmine is still above 1). This indicates that the market value of the companies has become less than the value of their ETH holdings, making issuing new shares to buy ETH unprofitable and reducing the incentive to build up crypto reserves. This could increase pressure on the price of ETH, as companies may start selling their ETH to buy back their own shares.

🕵️‍♂️ #ETH Meanwhile Bitmine, according to Arkham data, acquired 252,441 ETH in the last 3 days.

📊 #SOL Strategic SOL Reserve: Currently, the 18 public companies that created the Solana Treasury collectively hold 20.921 million SOLs worth $4.21 billion, representing 3.64% of the current total SOL supply. Of these, approximately 12.468 million SOLs are stacked.

📊 #XRP consolidates near $2.75 as liquidity tightens and bearish pressure builds. Onchain data suggests a possible pullback before bulls step in.

👀 #ASTER CZ tweeted that ASTER was designed by former binance employees.