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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Cryptorank: Top 15 projects by growth in total value locked (TVL) in Q3 2024
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BTC is currently on an upward green curve labeled "2025." Historically, similar green curves have prevented BTC's price from falling and from moving sideways for too long. Movement to the left on the chart is impossible. Therefore, out of necessity, BTC has ultimately "mooned." Based on history, many experts believe that we are now on the verge of a major rally.
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DropsTab: DeFi projects in the BTC ecosystem ranked by total funds raised.
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Yesterday, the net inflow into U.S. Ethereum ETFs amounted to $48.03 million, with $23.7 million going to BlackRock's ETHA.
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The percentage of the #Bitcoin supply held by addresses that made purchases in the last 12 months has reached a two-year high.

This trend has intensified recently, as data from IntoTheBlock shows that ETFs have received an inflow of $2.1 billion over the last five days.
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Matrixport Chart of the Day: Bitcoin's dominance has risen to 58%, signaling a delay in the Altcoin season.
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πŸ§‘β€πŸ’» Here are the 10 best AI and big data projects in cryptocurrency by development. The directional indicators represent the ranking position of each project from last month.
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CryptoQuant notes a very strong BTC accumulation by whales this year (excluding exchange and miner wallets). Whales currently hold around 670,000 BTC, the highest amount in history.
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Forwarded from Coin Corner
Emory University acquired a Bitcoin ETF worth $15,000,000 β€” Form 13F.

Emory University is a private research university in the United States, located in Atlanta, Georgia. It was founded as Emory College in 1836 in Oxford, Georgia, by a small group of Methodists and was named after John Emory, a prominent Methodist Church bishop.
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Forwarded from Investor Insights
BlackRock's Bitcoin reserves have reached 403,725 BTC, totaling nearly $27 billion.

According to Lookonchain, the world's largest asset manager acquired 34,085 BTC (approximately $2.3 billion) over the past two weeks.
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