What happened in Crypto in the last 12h:

- $BTC RSI Lowest Level

- Arthur Hayes Expects Liquidity Growth

- Fractal Mainnet & Tokenomics

- Tether Acquires Agricultural Giant Adecoagro

- $USDC Treasury Mints $50M

- $AMB Liquid Staking Product

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• According to @AxelAdlerJr, $BTC RSI has dropped to its lowest level since July, and was similarly low in September of last year. Since September last year, BTC was at 26k, but 6 months later it reached 73k

• Arthur Hayes opened a short position on $BTC, noting that $BTC could correct below $50,000 over the weekend, but quickly closed it. Hayes argued that more U.S. dollar liquidity is entering the market this week and that the price of bitcoin “might go up.”

• $FB - Fractal Bitcoin Launches Mainnet. 80% of all tokens are allocated to the community, with just 20% for the team and contributors. The 80% includes Proof of Work Mining, which is 50% of the total supply.

• Tether has acquired a 9.8% stake in Latin American agricultural giant Adecoagro.

• $USDC - USDC Treasury has minted an additional 50M $USDC.

• $AMB - AirDao has announced the imminent launch of its liquid staking product, HARBOR. The liquid staking product will be launched in September, and 3 tokens - $AST $HRB $HBR - will undergo TGE in October.