Crypto Arena
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Justin Sun has announced the launch of an NFT platform called NFT Pump
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Dubai has introduced stricter rules for advertising crypto investments.

πŸ”ΈThe Virtual Assets Regulatory Authority (VARA) in Dubai has updated the requirements for digital asset marketing materials. Starting October 1st, crypto companies must include a prominently visible disclaimer in their promotional materials, explaining the risks associated with investing in cryptocurrencies and other virtual assets.

πŸ”ΈThe disclaimer must warn that "virtual assets may lose all or part of their value and are subject to excessive volatility."

πŸ”ΈAccording to the regulator, this measure is intended to ensure that companies "provide services responsibly, thereby promoting greater trust and transparency in the market."
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The ALT token is currently in an accumulation phase, according to data from DropsTab.
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Santiment has noted a sharp spike in activity (relative to most altcoins) on the SHIB network.
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Liquidity continues to flow actively into the markets β€” since the beginning of the year, the money supply in the global system has increased by $7.3 trillion, according to BBG/Crescat data.
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According to recently revised bankruptcy documents provided by FTX creditor Sunil Kavuri, FTX creditors will only receive back 10–25% of their funds in crypto, and the distribution could extend until Q2 2025.

Rumors that FTX will start distributing funds on September 30 are incorrect.
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CoinShares: weekly inflows into crypto products = +$1.2 billion (compared to +$321 million the previous week).
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The average breakeven level for short-term BTC holders over the past 155 days is $63,000 β€” this level could become significant β€” CryptoQuant.
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