π¨ Bullish news for #XRP
Asset managers Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree filed amended S-1s for spot XRP ETFs, adjusting structures to allow XRP or cash creations and cash or in-kind redemptions. Bloomberg ETF analyst James Seyffart said the updates were βalmost certainly due to SEC feedback,β calling it a good but expected sign.
Asset managers Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree filed amended S-1s for spot XRP ETFs, adjusting structures to allow XRP or cash creations and cash or in-kind redemptions. Bloomberg ETF analyst James Seyffart said the updates were βalmost certainly due to SEC feedback,β calling it a good but expected sign.
π333π―273β€223π₯157
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FYI: π A $1,000 BITCOIN INVESTMENT IN 2010 WOULD BE WORTH $2 BILLION TODAY π€―
π―632π357β€252π₯235
β οΈπ ALERT: Phishing ads in Google Search now using Google Sites to host fake #DeFi interfaces.
Just checked: Aave, PancakeSwap, Pendle searches are ALL flooded with scam ads. One wrong click = game over! Always double check when you click on any website or Google search results. Stay safe
Just checked: Aave, PancakeSwap, Pendle searches are ALL flooded with scam ads. One wrong click = game over! Always double check when you click on any website or Google search results. Stay safe
1π―385π367π₯250β€237π2
Multiple wallets linked to #Matrixport deposited 95,873 $ETH($452M) into #Binance and #OKX over the past 4 hours.
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Technical CRYPTO Analyst
Photo
Looks like #Matrixport is selling $ETH for $BTC.
In the past 2 hours, they've withdrawn 2,354.6 $BTC($272M) from #Binance and #OKX.
They are stoping to reach your #ETH bag new ath. Now suddenly your chart will not looks bullish after this. Lol π€£π
In the past 2 hours, they've withdrawn 2,354.6 $BTC($272M) from #Binance and #OKX.
They are stoping to reach your #ETH bag new ath. Now suddenly your chart will not looks bullish after this. Lol π€£π
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β‘ MUST READ UPDATE: This week, the $BTC ETFs saw $1.2B in net outflows.
A shift in Bitcoin ETF flow cycles from positive to negative could happen at any time, especially after several days of strong positive inflows. Last time this occurred, ETF outflows stayed strong for weeks, and Bitcoin saw a dump at $75k.
Taking profits and cutting losses now could be a wise move. Opportunities will come again, so stay safe and play it smart. Swim with the whales. πΎ
A shift in Bitcoin ETF flow cycles from positive to negative could happen at any time, especially after several days of strong positive inflows. Last time this occurred, ETF outflows stayed strong for weeks, and Bitcoin saw a dump at $75k.
Taking profits and cutting losses now could be a wise move. Opportunities will come again, so stay safe and play it smart. Swim with the whales. πΎ
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π INSIGHT: Andrew Tate lost $700K shorting Kanye Westβs YZY token on Hyperliquid.
Moral of the story > βGrudges dont pay backβ
Moral of the story > βGrudges dont pay backβ
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Technical CRYPTO Analyst
#BTC.D This week Bitcoin Dominance Index is producing the highest bearish volume session since February 2021. More than 4.5 years. This week we have the strongest bearish action since June 2022. We can say that the altcoins market bull market is not onlyβ¦
#BTC.D As expected, Bitcoin Dominance continued its downward trend after a pullback and is reaching the EMA 200 and it remains to be seen how it will react after reaching it. Will it be supported or will the decline continue?
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Whale 0x3c9E always panic-sells $ETH on dips and then buys back at higher prices.
Jul 29 β Aug 3: sold 38,582 $ETH($136.9M) at $3,548 avg.
Aug 8 β Aug 15: bought back 16,800 $ETH($74.3M) at $4,424 avg.
Aug 16 β Aug 20: sold 10,900 $ETH($47.6M) at $4,369 avg.
Last 20h: bought back 7,500 $ETH($35.6M) at $4,747 avg.
So volatility traps many, you're not the only one who's been thrown off by market swings. Sometimes, the best move is to staying calm, just buy and hold, and let it play out.
Jul 29 β Aug 3: sold 38,582 $ETH($136.9M) at $3,548 avg.
Aug 8 β Aug 15: bought back 16,800 $ETH($74.3M) at $4,424 avg.
Aug 16 β Aug 20: sold 10,900 $ETH($47.6M) at $4,369 avg.
Last 20h: bought back 7,500 $ETH($35.6M) at $4,747 avg.
So volatility traps many, you're not the only one who's been thrown off by market swings. Sometimes, the best move is to staying calm, just buy and hold, and let it play out.
1π―492π355β€180π₯130π1
π°π· DATA ~ Over 10,000 investors on Koreaβs top 5 exchanges hold more than KRW 1B ($710K) in crypto, averaging KRW 2.23B ($1.59M)β200x regular users. Most are in their 50s, but 20s have the highest per-capita (~$1.92M). 76% of big holders are on Upbit.
The wealthy don't just earn β they prepare for the future, building today what will carry them through tomorrow.
The wealthy don't just earn β they prepare for the future, building today what will carry them through tomorrow.
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Ether ETFs Hit Record $7 Billion Trading Day While Bitcoin Outflows Persist π€
Spot Ether ETFs surged to a record-breaking $7 billion in trading volume, with $729 million in net inflowsβmarking their second-largest daily inflow to date. BlackRockβs ETHA led the charge with $500.9 million, followed by Fidelityβs FETH at $154.7 million.
Analysts link the strong inflows to growing institutional interest and recent upgrades to the Ethereum network.
With momentum building, Ethereum is expected to push toward new price milestones
Spot Ether ETFs surged to a record-breaking $7 billion in trading volume, with $729 million in net inflowsβmarking their second-largest daily inflow to date. BlackRockβs ETHA led the charge with $500.9 million, followed by Fidelityβs FETH at $154.7 million.
Analysts link the strong inflows to growing institutional interest and recent upgrades to the Ethereum network.
With momentum building, Ethereum is expected to push toward new price milestones
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JUST IN: π°πΊπΈ Senator Cynthia Lummis says Bitcoin and crypto market structure bill should pass by Christmas.
Get ready with your popcorn πΏ This Christmas will give you something special. Keep building and holding is the key.
Get ready with your popcorn πΏ This Christmas will give you something special. Keep building and holding is the key.
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π¨News β Three Major "Bankruptcy" Contract Whales Current Positions Overview, AguilaTrade 40x Long on BitcoinβΌοΈ
π₯Thesis
You see we all have done this in our life, especially in the early stages of our journey. Itβs easy to lose your calm after a few losses β and thatβs when many fall into the trap of revenge trading, desperately trying to recover everything in a single trade
But that's not how the market works
Most people think trading is all about charts, strategies, and indicators. But the real edge?
Itβs in your mindset.
β 80% of trading is psychology
πThe remaining 20% is about strategies, technicals, and tools.
This isnβt a get-rich-quick scheme. Patience and emotional control are your greatest assets.βοΈ
π₯Thesis
You see we all have done this in our life, especially in the early stages of our journey. Itβs easy to lose your calm after a few losses β and thatβs when many fall into the trap of revenge trading, desperately trying to recover everything in a single trade
But that's not how the market works
Most people think trading is all about charts, strategies, and indicators. But the real edge?
Itβs in your mindset.
β 80% of trading is psychology
πThe remaining 20% is about strategies, technicals, and tools.
This isnβt a get-rich-quick scheme. Patience and emotional control are your greatest assets.βοΈ
π―492β€320π302π₯254
π¨ BIG: Over 30 celebrity tokens launched on $SOL in June 2024 are down at least 73%.
Donβt fall for celebrity or meme coins. They are designed to lose your money.
Keep your portfolio focused on major altcoins that will survive for the long term, like the top 10 or 20.
When regulation hits the market, 90% of those meme/scam coins will disappear, as theyβve committed scams in one way or another way and are always dumping on the market. You will see this pattern in the next six months. Many meme coins will be delisted from major exchanges after regulation hits.
Donβt fall for celebrity or meme coins. They are designed to lose your money.
Keep your portfolio focused on major altcoins that will survive for the long term, like the top 10 or 20.
When regulation hits the market, 90% of those meme/scam coins will disappear, as theyβve committed scams in one way or another way and are always dumping on the market. You will see this pattern in the next six months. Many meme coins will be delisted from major exchanges after regulation hits.
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