#Curve 's Funding Request Sparks Controversy 🤔 #CRV founder Michael Egorov is facing heat from the community over a proposal to fund Swiss Stake AG, the company behind Curve, with a hefty 21 million $CRV . That's $6.37 million! 👀 While Egorov claims the funds are needed to support a team of over 25 developers and researchers, many are questioning the steep price tag. 👋 With an average annual salary of $300k per employee, 🤯 as calculated by some community members, the proposal is raising eyebrows. 🙊 The community is demanding more transparency. A detailed breakdown of expenses and a clear roadmap (as $AAVE does👍) for the funds are essential to gain trust. 🥀 This situation highlights the challenges faced by decentralized projects when seeking centralized funding. It's a delicate balance between community governance and the need for resources to drive development. 🍺🍕 What do you think? Is the funding request justified, or is the community's skepticism warranted? DYOR! #Altcoins

Could bitcoin’s value slip under $50,000 in the coming months? Ethereum's ETFs have gained some traction recently, though they haven't matched the explosive growth seen with Bitcoin ETFs. The market's muted response to Ethereum ETFs has sparked curiosity, with many, including Roundtable anchor Rob Nelson and David Mass, co-founder of Hydrogen Labs, wondering why the boom expected by many did not materialize. Their discussion raises questions about the broader crypto market's trajectory, especially as bitcoin continues to dominate headlines. Nelson began by pointing out the differing receptions of Ethereum and Bitcoin ETFs. He noted that Bitcoin ETFs took off like a rocket before entering a lull, hinting at the possibility that big players might still be adjusting their positions. However, when it comes to Ethereum, the market's reaction has been less dramatic, a surprise to many observers. Mass responded by highlighting the volatility of the crypto market. He observed that Ethereum had experienced a significant downturn from its peak and suggested that the recent resurgence might be a "dead cat bounce." Mass believes the net inflows into Ethereum mark a potential upward trend, but he also warned of continued volatility in the coming months, driven by factors like the upcoming election cycle and potential rate cuts. Mass expressed skepticism that Bitcoin could reach lofty price levels some bulls are calling for in the $90,000-plus range, pointing to the high correlation between Bitcoin and the broader capital markets. He suggested that downward pressure on major indices like the NASDAQ could negatively impact crypto prices, potentially driving Bitcoin down to the $40,000 range Nelson, taken aback by Mass's bearish outlook, acknowledged that such a view is not widely held but also not impossible. However, Mass remained firm in his belief that if the NASDAQ begins falling again, Bitcoin could follow suit, driven by the macroeconomic environment and rising unemployment rates.

In the AI and gaming industries, CARV is transforming data exchange and usage. The CARV Protocol, which is part of the CARV data layer, makes value distribution and data interchange easy. People now have the ability to own, manage, validate, and profit from their data. Lead the way toward a future where data creates value for everyone by guaranteeing privacy, ownership, and control. #CARVingTheFutureOfData CARV's mission is to create a fair and transparent data ecosystem that benefits both business partners and the gaming community. "We believes in a world where data is a powerful asset, providing value and opportunities for growth, innovation, and collaboration."

Claim Your $INJ Red 🎁 Your support Vote for @CryptoFamilyRky And write 'Rocky' to get rewards 1️⃣ Go to my profile 👆 2️⃣ Click on the vote button (yellow) 3️⃣ Comment Rocky Below this post ✅ 4️⃣ Check you're wallet 😎 • Thanks everyone for the support • BTC / ETH / SOL Everyday New Updates • Vote Everyday Get Red Packet 🎁 $BTC $BNB $ETH

$ZBCN is looking bullish today. After confirming the support at 0.00085$, it is moving ahead towards our next target of 0.0017$. Hope Bitcoin also remains bullish during this period. We've tracked 460% gains in the previous rally.

"🚀 US Bitcoin ETFs Approach 1 Million BTC Milestone!🚀[Voteme🗳️](https://app.binance.com/uni-qr/cpro/raiaftab6869?l=en&r=938254818&uc=app_square_share_link&us=copylink) Bitcoin exchange-traded funds (ETFs) are on the verge of a historic achievement: they now collectively hold over 1 million BTC! 🌟 This represents nearly 5% of Bitcoin's total supply, highlighting the growing institutional interest in cryptocurrency investments. 📈 Leading the charge are the Grayscale Bitcoin Trust and BlackRock's iShares Bitcoin Trust, each holding roughly half of the BTC. 🏦💼 Other significant players include the Fidelity Wise Origin Bitcoin Trust, the Ark 21Shares Bitcoin ETF, and the Bitwise Bitcoin ETF. 🌐 This milestone underscores the increasing influence of ETFs in shaping the crypto market landscape. 🌎 As they continue to accumulate BTC, keep an eye on how this institutional involvement impacts Bitcoin's trajectory! 💡".#LowestCPI2021 #CryptoMarketMoves #Write2Earn! #VOTEme

Bitcoin Update: Breakout 1 ✅ Breakout 2 ⚙️ Confirmation 🙅‍♂️ Yes! Finally, some positive price action. Bitcoin closed yesterday with an important candle, propelling the price above 60k. As a result, Bitcoin broke out of its bearish chart pattern on the lower timeframe. Super important! But that's only half the battle. Bitcoin must break above the middle band of its long-term bull flag to ignite some solid bullish momentum. Currently this resistance sits at ~61k. Moreover, Bitcoin must confirm the break out on a higher timeframe. Until this happens, we have to stay cautious🚨 We have seen many fake-outs to the bottom, and this can happen at the top, too. $BTC #Bitcoin❗

Ripple CTO to Tackle XRPL Debate at Permissionless • Ripple CTO dismisses ‘permissioned’ label for XRPL. • Strategic partnership with SBI Digital Community to boost NFT adoption. • $250 million Creator Fund fuels XRPL development. Ripple CTO David Schwartz is set to speak at the Permissionless Conference, sparking debate on the XRP Ledger’s classification as “permissioned” or “permissionless.” Schwartz, a key architect of the XRP Ledger, dismissed these arguments as “nonsense,” emphasizing that the specifics of how a blockchain solves the double-spend problem are largely irrelevant. The XRPL has been in the news from a series of announcements. Ripple had partnered with SBI Digital Community, a subsidiary of SBI Holdings, to increase XRPL’s use in the Web3 community. Specifically, SBI Digital Community’s Web3 platform Bto3 will expand XRPL’s use, particularly by supporting the issuance of NFTs on the blockchain. Additionally, Ripple has played a major role in the widespread adoption of the XRP Ledger. Beyond sponsoring XRPL’s development, Ripple has also launched significant projects on the blockchain, like its stablecoin. Moreover, Ripple’s $250 million Creator Fund is attracting more creators to XRPL. The fund provides financial and technical support for creators looking to launch innovative projects on XRPL. Schwartz’s upcoming appearance at the Permissionless Conference has definitely generated excitement. His dismissal of the ‘permissioned’ vs. ‘permissionless’ debate for XRPL highlights his confidence in the ledger’s unique architecture.  Along with these discussions, Ripple’s partnerships and its Creator Fund clearly underscores the company’s dedication to growing the XRPL ecosystem and encouraging wider adoption. As the blockchain industry continues to develop, the spotlight on Ripple and XRP only gets brighter.

🚨Watching a Rumor Turn into "News" It's wild to see how a rumor can snowball in the media landscape, especially when the crypto world is on edge. 👉 A Senator’s speculative tweet about concerns that Kamala Harris *might* appoint Gary Gensler as Treasury Secretary suddenly morphed into a full-blown **“Scoop: Harris likely to nominate Gensler”** headline. 📰 Let’s not forget to **check our sources** and question the narratives we see circulating. Rumors can spread fast, but that doesn’t make them facts. Stay sharp, stay informed, and don’t let speculation drive the conversation. 🕵️‍♂️ #FactCheck #MediaLiteracy #CryptoNews #GaryGensler #KamalaHarris #TreasurySecretary #BTC #JournalismMatters #CryptoCommunity #bitcoin #Trendingnews {spot}(BTCUSDT) {spot}(BNBUSDT) {spot}(XRPUSDT)

Analysts optimistic as liquidity ticks and Bitcoin ‘forced selling’ is over

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$QTUM is making heights and near to the moon. Now it is making a very clear bullish cup pattern. My followers are in good profits. If you also want to make profits [Follow & Vote me](https://app.binance.com/uni-qr/cpro/Iftikhar977?l=en&r=114549282&uc=app_square_share_link&us=copylink) Let's see the reason of this potential pump Qtum is a blockchain platform that aims to combine the best features of Bitcoin and Ethereum. It utilizes Bitcoin's proven security model based on the Unspent Transaction Output (UTXO) system while incorporating Ethereum's smart contract functionality.   Potential Reasons for QTUM's Pump Overall Market Sentiment: • A positive trend in the broader cryptocurrency market can often lead to increased interest and investment in altcoins like QTUM. • A bullish sentiment among investors might drive up the demand for QTUM, pushing its price higher. • Project Developments and News: Any significant developments or positive news related to QTUM, such as partnerships, product launches, or technological advancements, can generate excitement and attract investors. • Positive media coverage or social media buzz can also contribute to price increases. #PowellAtJacksonHole #LowestCPI2021 #SahmRule #MarketDownturn

Gm.ai Launches Incubation Program for Solana Native AI Solutions

**Bitcoin's Future Brightens Amid Shifting Global Liquidity** Analysts predict Bitcoin may approach its all-time high following the U.S. election and a shift to a "pro-liquidity environment." Matthew Sigel from VanEck notes Bitcoin's typical struggle post-halving, but sees potential recovery ahead. In July, Germany sold 49,858 BTC for $2.6 billion, and 70% of Mt. Gox creditors have been repaid, many retaining their Bitcoin. Global liquidity is on the rise, with BitVaulty CEO Francesco Madonna and crypto trader Kook forecasting a potential bull run by 2025. Bitcoin currently trades at $60,431. Investment strategist Lyn Alden isn't surprised by Bitcoin's current stagnation, attributing it to flat global liquidity. She anticipates a significant price surge in a more favorable liquidity environment by 2025. Sigel emphasizes the upcoming U.S. presidential election as a key moment for Bitcoin, expecting continued macroeconomic conditions regardless of the outcome. He believes Bitcoin will thrive, stating, "we're buyers here, we really think it can recover."

Solana Meme Coins Face Market Headwinds • BOME is down 1% in 24 hours and 25.56% in the past 30 days.  • BONK is down 2.10% in 24 hours and 36.25% in the past month. • WIF is down 1.76% in 24 hours and 43.58% in the past month. The meme coin sector suffered significant downturn in the recent market crashes and meme coins on leading blockchain network, Solana, continue to bleed as investors remain hesitant from opening positions during these uncertain times. The crypto crash was initiated with leading cryptocurrency Bitcoin (BTC) failing to break above the $60,000 price level, resulting in the crash of meme coins as well.  The top three most-popular meme coins on the Solana blockchain, dogwifhat (WIF), Bonk (BONK), and BOOK OF MEME (BOME) saw significant losses while the total market cap of the meme coin sector fell 2% to $38.4 billion, and the trading volume of these tokens reached $3 billion. The top-performing meme coin was Sundog (SUNDOG), with a price increase of 77% in the past 24 hours, according to CoinGecko data. On the other hand, the prices of WIF, BONK, and BOME, all part of the top 10 meme coins by market capitalization, have plunged massively in the past 24 hours, wiping out millions from the digital asset space amid a broader crypto market crash. However, these meme coins are currently testing their support levels and investors can expect a breakout if Bitcoin holds above $58,000 and investors take advantage of the price drop and aim higher.  As per CoinMarketCap data, in the past 24 hours, WIF is down 1.76% and is trading at $1.37. The meme coin is down 19.47% in the past week and a whopping 43.58% in the past 30 days. However, WIF is also up 718.09% since August 2023. On the other hand, BONK dropped 2.10% and is trading at $0.00001748 with a 10.49% price crash in the past week and 36.25% decline in price in the past 30 days.  Further, BOME is priced at $0.006686, down almost 1% in the past 24 hours, showing resilience to the selling pressure prevailing in the market. Moreover, the meme coin is up 633.96%. {spot}(SOLUSDT)

Solana Meme Coins Face Market Headwinds

Pepe Coin (PEPE) Traders Shorting the Token Could Trigger 178% Gains

Metaplanet Buys 57 More Bitcoins At ¥500M, Total Holdings Now Valued At 360.368 BTC

General Motors in Major Lay-off Slashing 1,000 Jobs As It Explores AI

$BTC $ETH $SOL ما هو التحوط؟ Hedging ما هو التحوط في التداول "Hedging" التحوط أو الهيدج هو ممارسة فتح مراكز متعددة في نفس الوقت لحماية تداولك أو محفظتك الاستثمارية من التقلبات أو حالات عدم اليقين داخل الأسواق المالية. هذا ينطوي على تعويض الخسائر في مركز واحد مع مكاسب من الأخرى. هذا يعني أنه في حالة انخفاض قيمة إحدى الأصول المالية، فمن المرجح أن تزداد قيمة الأصل المالي الأخر، مما قد يساعد في تعويض أي مخاطر من المركز المتراجع بربح. لا ينبغي التسرع في قرارات الاستثمار هذه وتتطلب الكثير من التفكير والتحليل مسبقاً. عادةً ما يكون التحوط استراتيجية إدارة مخاطر يستخدمها المتداولون والمستثمرون على المدى القصير والمتوسط للحماية من تحركات السوق غير المواتية. لا يستخدم العديد من المستثمرين على المدى الطويل التحوط أبداً لأنهم يميلون إلى تجاهل التقلبات القصيرة الأجل تماماً، ولكن لا يزال من المهم معرفة المزيد عن استراتيجية الهيدج لأنه يمكن أن يكون لها مجموعة من التطبيقات المختلفة

Cardano Slips from Top 10: ADA Price Under Pressure • Cardano (ADA) drops out of the top 10 cryptocurrencies as its price falls to $0.3309. • Despite a 16.57% surge in trading volume, ADA struggles to recover its lost value. • Cardano faces bearish sentiment, with technical indicators pointing to further declines. Cardano (ADA) slipped from the top 10 cryptocurrencies by market cap and the price dropped to $0.3309. At the same time, bearish technical indicators and increased trading volume clearly signals market uncertainty. This decline is worrying for investors and traders who are keeping a close eye on the coin’s performance. At press time, ADA was trading at $0.3309, marking a 2.29% drop in the last 24 hours. Even though trading volume increased by 16.57%, the price has struggled to stay steady. This market activity suggests there is interest, but it has not led to positive price movement. ADA’s recent price action has been bearish. The daily chart shows ADA trading below its 200-day moving average. This technical indicator often signals a bearish trend, possibly explaining the lack of upward momentum in ADA’s price. Also, the Relative Strength Index (RSI) sits at 40.22. An RSI below 50 often indicates that sellers are in control, adding to the bearish outlook. In addition to these indicators, the MACD (Moving Average Convergence Divergence) also reflects a bearish sentiment. The MACD line has crossed below the signal line, which is usually seen as a sign of further downside. These technical factors combined suggest that ADA might continue to face challenges in the near term. Cardano’s market cap is currently around $11.89 billion, placing it just outside the top 10 cryptocurrencies. The circulating supply of ADA is approximately 35.94 billion coins. Despite the increased trading volume, the price has not seen a corresponding increase. This disconnect suggests that while there is active trading, it is not enough to boost the price, possibly due to prevailing market sentiment.

$OXT is all set to take another upside move after confirming the support at 0.06$. The way it is moving, reaching 0.15$ is not a difficult task for it. $ARB and $ETH will also move along with it. Hope Bitcoin stays positive. We've identified 270% gains in the last rally.

$CHZ /USDT **Understanding Support and Resistance in Trading** Support and resistance are foundational concepts in technical analysis, essential for traders to understand market trends and make informed decisions. **Support** refers to a price level where a stock or asset tends to find buying interest, preventing it from falling further. It's like a floor that supports the price from dropping too much. Traders often look for support levels to identify potential buying opportunities, anticipating that the price might rebound from this level. On the other hand, **resistance** is a price level where selling interest emerges, capping the price from rising further. It acts like a ceiling that prevents the price from going higher. When the price approaches a resistance level, traders often consider it a potential point to sell or short the asset, expecting a reversal or pullback. Both support and resistance levels are identified through historical price data and are often marked by previous highs and lows. These levels are not exact and can be seen as zones where the price action tends to change direction. Understanding and identifying these key levels can significantly enhance a trader's ability to predict market movements and manage risk effectively.#PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 #MarketDownturn #SahmRule {spot}(CHZUSDT)

Spot Solana ETF Delayed Amid SEC Security Classification Concerns The SEC has halted filings for spot Solana ETFs due to concerns that Solana (SOL) may be classified as a security. This delay casts doubt on the approval of proposed Solana ETFs from VanEck and 21Shares. The SEC's decision to pull the 19b-4 filings from the Cboe BZX website has sparked speculation about the future of these ETFs. The absence of necessary filings has delayed the approval process. The regulatory landscape for cryptocurrencies like Solana remains uncertain, following the SEC's lawsuit against Ripple. The SEC's classification of SOL as a security could impact the future of spot Solana ETFs. Key Points: - SEC delays spot Solana ETF filings due to security classification concerns - Regulatory hurdles cast doubt on approval of proposed Solana ETFs - Uncertainty surrounds the classification of SOL as a security - Delayed approval process for spot Solana ETFs {spot}(SOLUSDT) #ETFEthereum #CryptoMarketMoves #PowellAtJacksonHole #Saminakhan #Write2Earn!

Solana ETF 19b-4s were removed last week after the SEC raised concerns to the issuers that SOL is a security: #Solana_Blockchain #SOLANAETF #PowellAtJacksonHole

• Forensic Report Clears WazirX, Users Demand Refunds, and Transparency • Mandiant confirms no compromise of WazirX laptops in a $230M hack. • Users demand accountability and the return of their funds. • Calls grow for WazirX to increase transparency and security measures. WazirX’s laptops were not compromised in the $230 million hack, a Mandiant forensic report confirms. However, questions remain about the security breach, and users demand answers. The report, a critical part of the ongoing investigation, offers some relief to WazirX, but hasn’t fully quelled the concerns of stakeholders. Mandiant’s forensic analysis examined WazirX’s security protocols and devices used during the cyberattack. According to the report, no evidence was found indicating laptops of WazirX personnel were breached or compromised. These findings have been shared with law enforcement agencies and other relevant bodies to facilitate the recovery of the stolen assets. Even with these assurances, the community remains on edge. The cyberattack, which exploited a multi-signature wallet system requiring at least four signatures to authorize transactions, has raised questions. Specifically, users are concerned about how such a sophisticated security setup could have been circumvented. The report has not entirely absolved WazirX in the eyes of its users. Many feel that, regardless of the involvement of third-party service providers like Liminal, WazirX has the ultimate responsibility for safeguarding their funds. Users have taken to social media, particularly X, to express dissatisfaction. Aditya Singh, co-founder of CryptooIndia, questioned the robustness of WazirX’s internal controls. “If the laptops were not compromised, does that mean the three signatures from WazirX were due to carelessness? Ajay Kashyap echoed these concerns, demanding that WazirX take immediate responsibility and return funds to Indian users. Ziaul Haque also questioned the security measures: “This platform is handling millions of dollars of assets with such minimal security?”

Base Name Service To Transition To Basenames For Unified Identity Experience

Top Democratic Donor Ron Conway Cuts Ties with Crypto PAC Fairshake Over GOP Support

The price has just touched the Hash Rate PoW value, often seen as the lower limit defined by estimated production costs. #MantaRWA #mememcoinseason2024 #memecycle #BTC☀ #BitcoinUpdate

Court Sentences Man For Leading Cryptocurrency Mining Scam

PEXX Announces Strategic Acquisition of Chain Debrief

PEXX Announces Strategic Acquisition of Chain Debrief

BNB Price Targets $600 Amid Surging Market Sentiment and User Activity

Last week, digital asset investment products saw modest inflows totaling US$30 million, as recent macroeconomic data suggested the FED might not cut interest rates by 50 basis points in September. Ethereum attracted only US$4.2 million in inflows, although this figure conceals significant activity among different providers. On the other hand, Solana experienced outflows of US$39 million, the largest ever recorded, as it struggled with a sharp decline in trading volumes of memecoins, a key driver of its market activity. #DigitalAssetInvestment #etherreum #MantaRWA #mememcoinseason2024 #Write2Earn!

Tether Launches USDT Stablecoin on Aptos Blockchain Tether is launching its USDT stablecoin on the Aptos blockchain, offering lower-cost transactions. Aptos, co-founded by former Meta engineers, aims to support scalable decentralized applications. #Tetherwallet #USDTScamAlert #MantaRWA #mememcoinseason2024 #memecycle

Bitcoin Dominance Nears Critical Level; What’s Next for Altcoins? • Bitcoin holds steady at $59,000, offering potential buying opportunities as the market awaits its next move. • Near Protocol, R Weave, and Phantom show bullish patterns, presenting promising opportunities before a Bitcoin rally. • Monitoring RSI levels and Bitcoin’s dominance is crucial for identifying profitable entry points in this market. Bitcoin’s Stochastic RSI signals potential buying opportunity amidst market uncertainty, according to an analyst. In a YouTube video, Crypto Banter, points out that Bitcoin is currently trading at $58,462.34, a 2.60% drop in the last 24 hours. He explains that the cryptocurrency market is currently in a tight 3-4% range, leaving investors anxiously awaiting a clear direction, either bullish or bearish. The analyst noted that the Stochastic RSI, a momentum indicator, is now entering investment zones. signaling a crucial opportunity for investors to consider adding BTC to their portfolios. He emphasized the importance of monitoring Bitcoin’s dominance and the performance of altcoins relative to Bitcoin. Bitcoin’s dominance in the market could signal major shifts for altcoins, depending on whether it continues to rise or falls.  Additionally, fear and greed levels are highlighted as crucial indicators for spotting potential market bottoms and profitable entry points. The market’s current conditions suggest now may be a prime time for investors to get in, especially with Bitcoin hovering near key support and resistance levels at $56,000 and $62,000, respectively. The analyst identified the possibility of a hidden bullish divergence in the market. This technical pattern could indicate an upcoming price increase, providing a potential opportunity for investors to capitalize on the next market upswing He encouraged market participants to remain active in the market especially when the RSI dips below 20%, as this may be an ideal time to buy altcoins. He shared his own experiences of accumulating altcoins during similar market condition.

Malaysian Officials Detain Seven Individuals for Power Theft Associated with Bitcoin Mining !! Malaysian authorities arrested seven people—three locals and four foreigners—last week for allegedly stealing electricity to power bitcoin mining operations. The police seized 52 mining rigs and other devices valued at approximately $57,000. #Malaysia #CryptoUpdate🚀🔥 #Market_Update #BitcoinMiningNews #MantaRWA

US Bitcoin ETFs are nearing a major milestone, potentially controlling 1 million BTC soon. This marks a significant shift in institutional influence over Bitcoin, as ETFs continue to shape the crypto market landscape.

US Government Holds Billions of Shiba Inu: The United States government holds a substantial amount of Shiba Inu (SHIB). Shiba Inu (SHIB) has continued to gain widespread popularity, attracting the interest of retail and institutional clients. According to data from Arkham Intelligence, the U.S. government holds 54,897,000,000 (54.89 billion) SHIB tokens. Notably, the blockchain wallet affiliated with the U.S. government holds more than 100 digital assets worth $12.43 billion at the time of writing. Out of the total crypto holdings in the wallet, only Shiba Inu has amassed a quantity in the billions. With a unit of SHIB currently trading at $0.00001329, the 54.89 billion SHIB held by the U.S. government are valued at $729,581. This positions Shiba Inu as the 19th-biggest token by dollar value in the wallet. Meanwhile, Bitcoin is the most valuable asset in the wallet, currently worth $12.04 billion. While Shiba Inu’s current value may appear modest compared to Bitcoin, some enthusiasts speculate that the U.S. government might be waiting for a potential price increase before deciding to sell. Based on its holding of over 54 billion Shiba Inu tokens, the United States government is considered a whale whose actions might significantly impact SHIB’s price action. Should the government decide to offload its SHIB holding, it could trigger a bearish impact on the asset. In the meantime, the U.S. government has not announced plans to sell. Nonetheless, a similar scenario occurred recently when Germany’s government embarked on a selling spree, dumping over $2 billion worth of BTC. This led to a devastating collapse in the price of Bitcoin, as the asset plunged to $57,000. At press time, Shiba Inu is trading at $0.00001329 per token, down 1.54% over the past 24 hours. The dog-themed token has also witnessed a dip of 5.58% in the weekly charts. #MarketDownturn #BinanceTurns7 # #shiba⚡ #Shibalnu #BTC☀ Like an share @CRYPTO_CATY Vote me guys {spot}(TONUSDT) {spot}(XRPUSDT) {spot}(SHIBUSDT)

On-Chain Analysis Reveals Suspicious $238M Bitcoin Transfer • Suspicious 4,064 BTC transfer worth $238M raises hack concerns within the crypto community. • Funds quickly dispersed across platforms linked to money laundering and asset concealment. • On-chain detective ZachXBT flags this suspicious $238M Bitcoin transfer, raising hack concerns. A suspicious 4,064 BTC transfer, worth roughly $238 million, has raised suspicions of a potential hack. On-chain investigator ZachXBT flagged the transaction, which saw funds rapidly dispersed across platforms like ThorChain and ChangeNow. The unusual nature of the transaction and the use of platforms often associated with money laundering is what has heightened concerns within the community The funds were quickly dispersed across various platforms, including ThorChain, eXch, Kucoin, ChangeNow, Railgun, and Avalanche Bridge. These platforms have been linked to efforts to launder digital assets or obscure the origins of funds, raising further suspicions. ZachXBT, known for his vigilant on-chain investigations, highlighted this transaction on X. He also provided the transaction hash, allowing others to verify and track the movement of the funds. The exact details of this transfer remain murky. The identity of the victim has not been revealed, and it is still unknown if the wallet owner was aware of the transaction. The rapid distribution of funds across multiple platforms suggests an effort to hide the trail, which is typical in cases of money laundering or hacks. As the crypto community watches this situation closely, the incident serves as a reminder of the risks in the digital asset space. Users are urged to be cautious, especially when large amounts of cryptocurrency are involved. The transaction is under investigation, and many are waiting for more information. The community remains vigilant, hoping for updates that might shed light on what happened.

Monochrome 's Australian Bitcoin ETF IBTC Increases Its BTC Holdings to 115 Bitcoin $BTC

ASIC Shuts Down Over 600 Crypto Scam Websites in Year-Long Crackdown !! Australia's financial regulator, ASIC, removed 615 cryptocurrency scams in the past year, contributing to over 7,300 scam websites taken down since July 2023, with $1.3 billion lost to investment scams. #ASIC #CryptoSafetyMatters #PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021

Bitcoin And Ethereum Contract Open Interest Sees Increase

💵 74% of Bitcoins Have Entered the "HODLing" Category 😉 Despite Bitcoin's 21% correction from its ATH, 74% of coins haven't been sold or moved in the last six months, according to Glassnode. 📈 According to the HODL Waves chart, on August 11, the share of Bitcoins held by long-term investors increased to 45%. ❗️ Analysts have previously noted that the growing dominance of "aged" coins indicates that investors are holding out for higher prices and are unwilling to close positions at current levels. This holding trend leads to a reduction in available supply, which, with increasing demand, could result in a rise in the asset's price. 👀 Experts also pointed out that 80% of the coins held by speculators are currently "in the red." 🗣 "This is similar to situations in 2018, 2019, and mid-2021. Back then, many short-term investors panicked and triggered a bear trend," they commented. $BTC {spot}(BTCUSDT) #MarketDownturn #BinanceTurns7 #Write2Earn! #BTC☀ #CryptoMarketMoves $BNB {spot}(BNBUSDT) $ETH {spot}(ETHUSDT)

RAKBANK Teams Up with Bitpanda to Make Crypto accessible for UAE Residents

China’s Supreme Court has classified “virtual asset” transactions as money laundering. In the first half of 2024, 1,391 people were prosecuted, a 28.4% increase year-on-year.

🚀 Seize the $64M Reward Opportunity with Binance Launchpool & SuperEarn! 🎉

Toncoin set for $10? Volume surge fuels breakout hype!

ETF Launches with Virtual Assets as Underlying Assets: KB Securities Sees Positive Trend

Bitcoin Funding Rates: What They Mean for Traders Today (August 20, 2024) Bitcoin’s funding rates play a crucial role in shaping market sentiment. These rates, updated every 8 hours, reflect the ongoing battle between bullish and bearish positions in the market. Here’s the latest update: Binance: The funding rate is -0.0036%. This means that long position holders are paying short position holders, signaling a bearish bias. OKX: The rate here is -0.0076%, following the same trend, with short positions being favored.dYdX: Interestingly, dYdX shows a positive rate of 0.0109%, meaning short position holders are paying long position holders, indicating a more bullish sentiment. Why does this matter? Traders use these rates to gauge the market's direction, adjusting their positions accordingly. A negative rate suggests selling pressure, while a positive rate points to buying momentum. Stay informed and adjust your strategies to stay ahead in this volatile market. ✅ Like ❤️ | 🗯️ Comment 💬 | ♻️ Retweet 🔁 @khannamirr #Write2Earn! #BinanceSquareFamily #PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021

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Buterin’s ETH Moves: Railgun, Donations, and Market Impact • Vitalik Buterin moves 400 ETH, sparking speculation about Railgun involvement. • In 2024, Buterin transferred 662 ETH to Railgun, showing strong privacy support. • Buterin donates $532K in ETH to Animal Welfare Fund, highlighting his charity work. Ethereum co-founder Vitalik Buterin transferred 400 ETH (around $1.05 million) to an address possibly linked to Railgun, a privacy protocol. This move adds to speculation that Buterin is continuing his support for privacy-enhancing technologies in the crypto sector. Buterin has been a frequent Railgun user over the past 10 months, sending a total of 662 ETH (around $1.91 million) their way in 2024 alone. This latest transaction further solidifies his support for privacy tools in the crypto world, coming hot on the heels of another $500K ETH transfer to an unknown address earlier last week. This transfer follows a pattern observed earlier in August, where Vitalik Buterin had made headlines with a substantial transfer to a multi-signature wallet. This was part of a flurry of activity involving large amounts of ETH being moved around Ethereum’s network.  On August 5th, Buterin’s “vitalik.eth” wallet received a hefty 3,000 ETH, as reported by Lookonchain. This highlights Buterin’s continued engagement with the Ethereum network and his preference for multi-signature wallets to keep his funds safe. Buterin’s not just moving money around – he’s also giving back. He recently donated $532,000 worth of ETH to the Effective Altruism Fund’s Animal Welfare Fund. This donation came from selling various animal-themed meme coins that had been sent to him throughout the year. These coins, popular within the Ethereum community, had piled up in Buterin’s wallet. As of the press time, Ethereum (ETH) was priced at $2,635.93, with a trading volume of $9.94 billion over the last day. Ethereum has recorded an increase of 1.25% over the previous 24 hours, remaining the second-largest cryptocurrency by market cap.

Momentum has increased for $APU, setting it up for another rise. If the bullish trend continues, it might eliminate one zero from its price. Joining it in the race are $SLERF and $TOSHI memecoins this time. Before, we've monitored a 13x profit rise on it. #MemeWatch2024

As the market experiences a downturn, it is crucial to implement risk management tactics to minimize losses. We have been emphasizing the importance of futures transactions to balance risk, and unfortunately, our spot positions in $PEPE $WIF and $BONK continue to decline. However, by reducing risk with short positions, we can recover some losses. For those solely in spot positions, it is essential to wait and observe the market. If the decline continues, we will switch to an alternative tactic, transferring spot assets to futures transactions to quickly recover the portfolio. For those unfamiliar with futures transactions, we recommend activating futures trading on Binance, which currently offers a $20 bonus for first-time users. This will enable you to transfer assets from your spot wallet to your futures wallet and implement the strategies mentioned above. Remember, futures trading should be used for risk reduction and portfolio recovery, not for speculative purpose #MarketDownturn #Write2Earn! #BlackRockETHOptions #BinanceHODLerBANANA #BinanceTurns7

BREAKING NEWS !! Japanese public company Metaplanet buys another ¥500 million worth of Bitcoin !! #PowellAtJacksonHole #Write2Earn! #BinanceSquareFamily #CryptoMarketMoves #Market_Update

📊#BTC bullish head and shoulders structure, cautiously bearish⚠️ 🧠 From a structural perspective, we have discovered a bullish head and shoulders structure. If we continue the bull trend with this structure as support, we could at least see a move above 64k. ➡️But we are currently in the resistance zone and are also blocked by the downward trend line. The price/performance ratio of chasing the increase is the worst, so if you want to go long, you must at least wait for a period of correction before considering it. ➡️If you want to go short in the resistance zone, my suggestion is to be cautious and set a stop loss. The current resistance that can be seen is around 61,000. Let’s see 👀 🤜If you like my analysis, please like 💖 and share 💬 💕 Follow me so you don't miss out on any signals and analyze 💯 #Wolf_king88 $BTC {future}(BTCUSDT)

Hong Kong lawmaker Johnny Ng suggested that HK government should explore creating a legal framework to regulate decentralized autonomous organizations to enhance Hong Kong's stability in the Web3 investment landscape, thereby attracting significant overseas talent and capital.

Curve founder Michael Egorov has published a proposal seeking funding for Swiss Stake AG, the company building Curve. Swiss Stake AG is seeking a grant of 21 million CRV (worth approximately $6.37 million). Currently, Swiss Stake AG directly or indirectly employs more than 25 individuals/entities to participate in Curve-related development and research.

Greekslive: Block trading, which has been dormant for days, is back on fire, with significant growth in block trades traded today, with a notional value of over $500 million. From the distribution of options, the main focus is on selling call options and buying put options. The current data that BTC's medium-term IV has fallen below 50%.

Bitcoin's 4-Hour Analysis: What Newcomers Should Know! Immediate Support & Resistance Levels: Bitcoin (BTC) is currently hovering around the $58,000 USDT mark as an immediate support level, with resistance close to $60,000 USDT. These levels are crucial for traders as they determine potential price movements. RSI & Market Sentiment: The Relative Strength Index (RSI) is sitting near 50, indicating a neutral market sentiment. This balance suggests that neither buying nor selling pressure is dominating. However, if the RSI climbs above 60, it could signal a bullish trend, sparking more interest in the market. MACD & Momentum Insights: The MACD line has crossed the signal line from below, a mild bullish sign. However, the MACD histogram shows weak momentum, meaning the market lacks strong driving force. Keep an eye out for any shifts here! Low Volume & Market Activity: Current trading volume is low, which doesn’t support significant price movements. For any substantial shift, an increase in volume is essential. Latest News Impact: Recent CPI reports and ongoing economic uncertainty are influencing BTC's market dynamics. While inflation numbers could impact BTC, the market hasn't shown any major breakout or breakdown yet. Stay informed and vigilant—BTC's next move could be critical! 👉 Like ❤️ | Comment 💬 | Retweet 🔁 | Follow @khannamirr for more updates! #PowellAtJacksonHole #CryptoMarketMoves #LowestCPI2021 #BinanceTurns7 #Write2Earn!

WazirX Exchange Is Breaking Spines of Indian Middle-Class Amid Withdrawal Delays

Dogecoin’s Dominance Fades as Other Meme Coins Surge • Dogecoin is the ninth-largest cryptocurrency in the market and the largest meme coin. • DOGE is up 58% in the past year while nearest competitor SHIB is up 55.76%.  • Meme coins PEPE, BONK, and WIF have outperformed DOGE and SHIB in the recent rally. Dogecoin (DOGE), the world’s biggest meme coin followed by Shiba Inu (SHIB), is facing a downturn.  Despite support from Elon Musk, its price is down 21% in the past 30 days, raising concerns about its future dominance in the meme coin market.  As per the data from CoinMarketCap, the market capitalization of Dogecoin stands at $14.58 billion, a far cry from its $73 billion peak. Further, the price of DOGE at the time of writing stands at $0.1001, down 86.43% from the all-time high of $0.7376 witnessed in May 2021. Notably, the meme coin is up 17825.21% from its initial debut price.  Over the past 24 hours, DOGE has seen a rollercoaster ride, swinging from a low of $0.1024 to a high of $0.1043 before settling back down. Notably, the ninth-largest cryptocurrency is down 2.30% for the day and 1.29% for the week. However, Dogecoin is up 58% since August 2023. On the other hand, its nearest competitor Shiba Inu, currently the thirteenth-largest cryptocurrency by market cap, is up 55.76% in the same period. However, other meme coins like Pepe (PEPE), dogwifhat (WIF), and Bonk (BONK) have outperformed DOGE and SHIB during the recent market rally, as investors wonder if Dogecoin and Shiba Inu have the potential for another rally. PEPE is up 569.58% in the past year, while WIF and BONK are up 713.92% and 6418.80% in the same duration, as per CoinMarketCap data. On the other hand, the Dogecoin technicals are showing that the meme coin will continue a sluggish path until renewed interest from enthusiasts. Despite support from Tesla founder and billionaire Elon Musk, DOGE has shown underwhelming performance. The Accumulation/Distribution line shows that the accumulation of DOGE has gone down and currently, the investors in the token continue to hold.

AMD Ramps Up AI Infrastructure With a $4.9bn ZT Systems Acquisition

$AI is becoming unstoppable. It has established its primary support at around 0.35$. Now, it's ready to cross our next target of 0.71$ if Bitcoin remains bullish during this period. Before, it has brought us a 90% gain.