Crypto soothsayer
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Current news from the world of cryptocurrencies and market analysis. Read us and have up-to-date information! We are open for cooperation: https://t.me/kryptoadv
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$75 million has been transferred from the wallet of the bankrupt exchange Mt. Gox to an address at Bitstamp.

The wallet still holds 34,000 bitcoins worth $2 billion. The exchange's administrators have not yet made any statements regarding the movement of these coins. 🧐
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β™Ύ Today, Bitcoiners around the world are celebrating Bitcoin Infinity Day.

August 21 (or 8/21) is transformed into the symbol of "infinite demand divided by 21 million coins," which, in turn, signifies potentially infinite growth in BTC price.πŸ“ˆπŸš€
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πŸ‡¦πŸ‡ͺ Tether will launch a stablecoin pegged to the UAE dirham

Reportedly, each token will be fully backed by liquid reserves. Tether aims to obtain a license from the UAE Central Bank.

πŸ’²The stablecoin is being touted as an effective tool for transactions in dirhamsβ€”cross-border payments, trading, or simply diversifying digital assets.

🀝 The new asset will be launched in partnership with the technology conglomerate Phoenix Group and supported by Green Acorn Investments.
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The CEO of CryptoQuant expects a BTC rally in Q4 of this year!

In the last #Bitcoin halving cycle, the bull rally began in Q4. Whales won't let Q4 be boring with a flat YoY performance.
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According to the BTC cycle theory, the real bull market has not yet occurred, and the price peak is expected in the fall of 2025. πŸš€

However, in 2021, it was smart to sell Bitcoin at $60,000 as early as April rather than waiting for $66,000 in November. πŸ€”
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Vitalik Buterin wrote a "bullish" post about Ethereum πŸƒ

β€œI have been told that I need to "do less philosophizing and do more ethereum bullposting,”


Buterin wrote on X, accompanying the post with an AI-generated image of a bull with a sign saying β€œEthereum is good.” πŸ‘

He added that within 3 minutes of publishing, the post had garnered more reach than a technical article of 11,700 words on the Ethereum developers' blog.

πŸ‘€ Since the start of trading for the first U.S. Ethereum-based exchange-traded funds (ETFs) at the end of July, the price of ETH has dropped by about 27%, and the decrease in network transaction fees has accelerated the inflation of "Ether."

πŸ“‰The dominance index of ETH in the crypto market has fallen to a four-year low of 15%, a level not seen since early 2021.

Could a "bullish" post help turn things around? πŸ˜‚
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A free Bitcoin faucet has launched at Eden Mall in CuraΓ§ao, providing a QR code every hour from 10:00 AM to 7:00 PM.

This code allows users to claim Bitcoin worth $5 (10,000 satoshis) directly to their balance. β˜•οΈ
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πŸ” The decentralized exchange SUN on the TRON blockchain is now in 6th place by Total Value Locked (TVL) with $731 million.

The leader, still far ahead of all others, is Uniswap with $4.67 billion. πŸ†
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πŸ”¨ 94% of the total supply of BTC has already been mined, leaving 1.26 million BTC to be mined over the next 110 years or so.

Additionally, institutional investors and companies have accumulated approximately 5% of the total supply of Bitcoin. 🧐
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Indian auto rickshaws are making bigger strides in crypto than your local supermarket! πŸ˜πŸš€
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In the Bitcoin network, there was a dramatic surge in transaction fees, rising from 0.5 BTC to 60 BTC per hour! πŸ™€

β›° This spike was due to transactions involving sending BTC to staking on the new Babylon protocol.

The staking capacity was capped at 1,000 BTC, which led to a temporary frenzy. Each staking transaction cost users approximately 0.05 BTC. πŸ’°

Once the staking limit was reached, both fees and transaction volume started to normalize.
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πŸ“Š According to a CoinGecko survey, the majority of the crypto community gets their news from social media rather than news websites.

73.8% of respondents used 𝕏 (Twitter), YouTube, or Telegram as their primary sources of information, while only 6.5% received news from news websites.

And where do you, friends, mainly get your crypto news from (aside from this channel 😏):

β–ͺ️From other Telegram channels -πŸ‘
β–ͺ️Twitter - πŸ”₯
β–ͺ️YouTube - ❀️
β–ͺ️News websites - πŸ₯±
β–ͺ️Other - 🧐
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β˜•οΈ Clicking the coffee cup icon on the map at onbase.dev reveals a global map of coffee shops that accept USDC on Base.

There are currently just 10 locations (including the Town Mouse cafΓ© in Berlin, Europe), but this number is expected to grow.

Each entry includes a link to its Google Maps page for easy navigation if you’re interested. 🧐
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Changpeng Zhao (CZ) Still in Custody, Not Free Yet 🀷

Despite Crypto Community excitement, Binance founder Changpeng Zhao (CZ) is not freeβ€”he’s currently in a halfway house, not fully released.

πŸ‘€ After serving time in a minimum-security prison in Southern California, Zhao has been transferred to RRM Long Beach, a residential program for inmates nearing the end of their sentences. He’s set to be released on September 29.

Zhao remains under U.S. custody and is not free to move as he pleases. He’s been in the U.S. since November due to a conviction for violating anti-money laundering laws, with a three-year ban from managing Binance as part of his settlement.

πŸ’° Zhao, the richest person in crypto with a $47.7 billion net worth, plans to focus on education and passive investing during his ban.
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What to say to friends who claim Bitcoin is worthless 😁
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Sony has announced the upcoming launch of its L2 solution, named Soneium. πŸš€

The blockchain will enter its testnet phase in the next few days.

Soneium is built on the OP Stack.

In its first year, the focus will be on attracting the Web3 community, with plans to integrate various Sony products like Sony Bank, Sony Music, and Sony Pictures thereafter.
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Paolo Ardoino has stated that Tether will not be launching its own blockchain. πŸš«πŸš€

πŸ‘€ According to him, as long as the necessary level of security and efficiency is provided, it doesn’t matter which blockchain the USDT stablecoin operates on.

Currently, USDT has a market capitalization of $117.6 billion, with the majority of tokens issued on the Tron blockchain ($61.8 billion), Ethereum ($54 billion), Solana ($1.9 billion), Avalanche ($1.5 billion), and TON ($730 million). πŸ’°
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Crypto soothsayer
Vitalik Buterin wrote a "bullish" post about Ethereum πŸƒ β€œI have been told that I need to "do less philosophizing and do more ethereum bullposting,” Buterin wrote on X, accompanying the post with an AI-generated image of a bull with a sign saying β€œEthereum…
🀭 Vitalik Buterin's Response from the HTX Exchange

"What is going to the Sun?"


Of course, we're not talking about the center of the solar system, but about Justin Sun's token β€” $SUN.

And with SUN, everything is simple, it's growing: up 26% in the last 24 hours and up 170% over the week. ETH hasn’t seen those kinds of gains lately πŸ˜‚
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Urinals for real traders. πŸ“‰

Now you’ve seen it all. πŸ˜‚
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