Crypto Waves
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🌊 Crypto Waves - a channel about the volatile crypto market.

πŸ“ˆ Find out the most important news in one channel.
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The drop from $72,000 to $59,000 triggered the largest cascade of long-term liquidations since the beginning of the year. This year, short-term position holders have sent a record volume of coins to exchanges at a loss.
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Bitcoin's $BTC four-year cycle remains intact
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The native token of the Arthur Hayes–founded crypto exchange BitMEX plunged after the company announced it will cease operations following September 23.
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Spot demand for bitcoin is weakening. Futures demand remains positive on a net basis." β€” Ki Young Ju, CEO of CryptoQuant
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Sentiment: πŸ‡ΊπŸ‡Έ The WLFI price hit a 10-week high after a sharp 19% surge (a typical "pump and dump" scenario). πŸ“ˆ This move coincided with the largest wave of "whale" transactions since April 11, totaling over $100,000. 🐳

πŸ’΅ The obvious catalyst for this price movement in $WLFI was demand for #USD1. Binance extended a promotion for USD1 holders, where eligible users receive rewards in WLFI tokens; meanwhile, WLFI's official documentation positions USD1 and governance mechanisms as key elements of the ecosystem. 🏦
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Storj Developer Files for Bankruptcy πŸ“‰

Storj Labs, the company behind the decentralized cloud storage network Storj, has voluntarily filed for Chapter 11 bankruptcy under the US Bankruptcy Code. πŸ›

The company stated that this move will allow them to resolve old debts while the service continues to operate normally. πŸ”„ They promised to present a plan where management, STORJ token holders, and investors will jointly own the restructured company. 🀝

The STORJ token plummeted by 20% following the company's announcement. πŸ’Έ

Storj Labs raised about $30 million during the STORJ token ICO in 2017, followed by another $5 million in venture capital and grants. πŸ’°
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Presenting to you the leading cryptocurrency projects in the field of "yield-farming" by development rates. Arrows indicate the rise or fall of each project's rating compared to the previous month.
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Exactly 11 years ago, the genesis block of the Ethereum mainnet was mined.
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As of August 2026, more than 20.07 million BTC have been mined. Only 4.4% of the total supply remains to be mined.

CZ estimates that 10–20% of all existing BTC have been permanently lost for various reasons.

(The amount of permanently lost BTC continues to grow and will keep increasing while the total supply remains limited.)
β€œBTC is a deflationary asset,” CZ says.
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The bulk of BTC’s explosive move was driven by a massive wave of short liquidations in Binance futures. It was the strongest short squeeze since November 2024. The odds of a pullback have now increased β€” CryptoQuant analysts.
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StandX has announced its shutdown just over a year after launch. The exchange attracted more than 237,000 users and reached a peak TVL of over $200 million.

All positions will be forcibly closed on January 15, and users will be able to withdraw their funds until January 31, 2027.
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