Spot bitcoin-ETFs showed significant inflows at the beginning of the trading week: $202.5 million. BlackRock's IBIT fund remains the undisputed leader, having attracted more than $224 million.
Ethereum-ETFs are still unable to get out of the red zone: the funds lost $13.2m during the day. The biggest bearish pressure is exerted by Grayscale's ETHE fund: the outflow exceeded $9.5m.
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π Bitcoin below $59k
π During the night, BTC dropped below $59k, and ETH fell below $2.4k. After a brief rebound, the price of Bitcoin is back to where it wasβ$58,400 at the moment.
In the past 24 hours, positions worth $322 million have been liquidated ($287 million in long positions and $35 million in short positions). π§
π§ Crypto Learn Academy |πΈ News |
π Business | Tipsβ >
π During the night, BTC dropped below $59k, and ETH fell below $2.4k. After a brief rebound, the price of Bitcoin is back to where it wasβ$58,400 at the moment.
In the past 24 hours, positions worth $322 million have been liquidated ($287 million in long positions and $35 million in short positions). π§
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π€Polymarket is betting on Durov's escape from France before September 15 - so far only 7% βοΈ
Your opinion:
-Will escape at the first opportunity - π
-Will stay in France until the end of the investigation - π
π§ Crypto Learn Academy |πΈ News |
π Business | Tipsβ >
Your opinion:
-Will escape at the first opportunity - π
-Will stay in France until the end of the investigation - π
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Toncoin's market cap surged to $13.96 billion, reaching 1.1 million daily users, despite facing a sharp 25% drop following Telegram CEO Pavel Durov's arrest in France.
The event has raised concerns about market volatility, though some indicators suggest a potential rebound for $TON.
π§ Crypto Learn Academy |πΈ News |
π Business | Tipsβ >
The event has raised concerns about market volatility, though some indicators suggest a potential rebound for $TON.
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Where do you think the bitcoin price will go?
π - Up
π - Down
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Bybit exchange has announced the listing of the Hamster Kombat token, following the lead of OKX and Bitget.
Spot market trading on Bybit, along with other platforms, is set to begin on September 26.
Currently, on Bybit's pre-market platform, the HMSTR token is trading at $0.094. Since its launch, the pre-market trading volume has already surpassed $2.5 million. π°
π§ Crypto Learn Academy |πΈ News |
π Business | Tipsβ >
Spot market trading on Bybit, along with other platforms, is set to begin on September 26.
Currently, on Bybit's pre-market platform, the HMSTR token is trading at $0.094. Since its launch, the pre-market trading volume has already surpassed $2.5 million. π°
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The Puell Multiple is nearing a buying opportunity for Bitcoin (BTC). A drop below 0.6 could be the best buy signal since 2022.
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Investor Turns $5K into $696K in 2 Days π
A crypto trader used $5,100 to buy 53,000 VISTA tokens and sold them for $696,000 within 48 hours.
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π Business | Tipsβ >
A crypto trader used $5,100 to buy 53,000 VISTA tokens and sold them for $696,000 within 48 hours.
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Top 15 Blockchains by DEX Volumes in August:
- Ethereum - $52.6B
- Solana - $42.1B
- Arbitrum - $22.3B
- BNB Chain - $20.6B
- Base - $16.7B
- Polygon - $3.9B
- Tron - $3.2B
- Avalanche - $2.79B
- Optimism - $2.38B
- Ton - $1.47B
- Aptos - $1.4B
- Sui - $1.36B
- Mantle - $1.14B
- Blast - $1.14B
- Linea - $1.01B
π§ Crypto Learn Academy |πΈ News |
π Business | Tipsβ >
- Ethereum - $52.6B
- Solana - $42.1B
- Arbitrum - $22.3B
- BNB Chain - $20.6B
- Base - $16.7B
- Polygon - $3.9B
- Tron - $3.2B
- Avalanche - $2.79B
- Optimism - $2.38B
- Ton - $1.47B
- Aptos - $1.4B
- Sui - $1.36B
- Mantle - $1.14B
- Blast - $1.14B
- Linea - $1.01B
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Mark Yusko suggests Bitcoin ETFs allow Wall Street to control prices, with institutions like BlackRock using short trades to buy Bitcoin cheaper.
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Bitcoin fell from $57K to $53K after a U.S. jobs report, losing 4% in 24 hours. Other major cryptocurrencies also dropped, with over $100 million in leveraged positions liquidated.
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The UK FCA rejected 90% of crypto company applications last year due to weak AML controls. New advertising rules are in place, and CB Payments was fined Β£3.5 million for AML issues.
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Charles Hoskinson, founder of Cardano, rejected a proposal to burn 1.5 billion ADA (worth $500M), suggesting the funds be used for project development instead.
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Both cryptocurrencies and stocks can be used by investors to build wealth. Yet, investing in stocks is different from investing in crypto.
Unlike stocks, investment in crypto doesnβt come with ownership of a share of a company. Crypto investors also donβt receive dividends in the traditional sense. Instead, one can lend or stake their crypto tokens for passive income.
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Ripple (XRP) rose 6% to $0.57 after Grayscale announced a new investment fund for it, making it the top gainer among major cryptocurrencies today.
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Bitcoin's 'ticking time bomb' could push the price to $150K by 2025! π£
π Technical indicators point to a potential explosive Bitcoin price movement, targeting the $100,000-$150,000 range by early 2025.
βοΈ A "cup and handle" pattern, known for signaling bullish continuation, has been forming since late 2021. The cup's bottom around $15,000 and resistance near $65,000 suggest a breakout could lead to a $110,000-$130,000 price range. π
π Additionally, low volatility signals from Bollinger Bands and oversold conditions on RSI indicators further support the idea of a coming rally. π
Bitcoinβs tightening price action, combined with increased global liquidity, hints at a significant price surge as early as late 2024 or early 2025. π
π Technical indicators point to a potential explosive Bitcoin price movement, targeting the $100,000-$150,000 range by early 2025.
βοΈ A "cup and handle" pattern, known for signaling bullish continuation, has been forming since late 2021. The cup's bottom around $15,000 and resistance near $65,000 suggest a breakout could lead to a $110,000-$130,000 price range. π
π Additionally, low volatility signals from Bollinger Bands and oversold conditions on RSI indicators further support the idea of a coming rally. π
Bitcoinβs tightening price action, combined with increased global liquidity, hints at a significant price surge as early as late 2024 or early 2025. π
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