BREAKING: Total Value Locked on the Binance Launchpool to farm $DOGS exceeded $6B.

Pepe Coin Price Amid Soaring Daily Profit Ratio.. Pepe Coin price has surged over the last seven days, and the asset is approaching the end of a potential breakout pattern. The direction of the breakout will depend on several market factors, but currently, it looks like whales are taking the sidelines and traders are preparing to drive the market up. The price of PEPE is up 2% in the last 24 hours to trade at $0.00000813. PEPE Traders Locked on 18% Gains Pepe Coin price is in a symmetrical triangle pattern, commonly known as a consolidation or continuation pattern, following a sharp downtrend. This type of pattern indicates indecision in the market, with buyers and sellers reaching equilibrium. The formation suggests that a breakout is imminent, with the price coiling tighter towards the apex of the triangle. Since traders are currently neutral to bullish, PEPE price has a slightly higher chance of breaking to the upside, where it may encounter resistance around 0.00000959. A breakout above this level would be a bullish signal, and further resistance can be expected at around 0.00001000, and beyond that, it is 0.00001200. The Chaikin Money Flow (CMF) indicates a slight inflow of capital into the market, while the Coppock Curve shows a buy signal after a significant downtrend. This supports a potential bullish breakout. If the daily candle closes above 0.00001000 with increased trading volume, it may confirm the breakout for a longer-term bullish trend with targets around 0.00001200 and beyond, considering the bullish indicators. If bears prevail, Pepe Coin price may find immediate support at the lower boundary of the triangle pattern around 0.00000807. A breakdown below this level could signal a bearish move to 0.00000700, invalidating the bullish thesis. Follow Us Like Share Comment

Weekly Binance Bytes (23 August)

El Salvador Has Hit 160 Days of Daily Bitcoin Purchases

SEC Battles Hex Founder Richard Heart in Legal Dispute, Opposes His Attempt for Lawsuit Dismissal

AVAX Continues 2-Week Surge Momentum As Price Gains Another 12% in 24 Hours

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Spot Bitcoin ETFs See $65 Million in Net Inflows, Extending Streak of Positive Flows to Six Days

MakerDAO Plans to Optionally Redenominate 1 MKR Into 24,000 NGT Tokens As Part of Endgame

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Binance Launches Mobile Money Feature for Crypto Transactions in Africa

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Australian Court Rules Against Kraken’s Local Operator in ASIC Case

$1,000,000: TechDev Compares Bitcoin’s Path to Nikkei Pattern and Predicts Record High by 2027  The well-known crypto analyst TechDev has highlighted parallels between Bitcoin’s price development and the Japanese stock index Nikkei 225 in a recent analysis. Despite recent market declines, he remains optimistic and sees the potential for a significant upward movement that could propel Bitcoin to one million US dollars by 2027. Parallels Between Bitcoin and the Nikkei 225 The crypto analyst TechDev has made a remarkable discovery: Bitcoin’s price development shows striking similarities to the patterns of the Nikkei 225, the Japanese stock index that tracks the largest companies on the Tokyo Stock Exchange. TechDev recently shared these insights with his many followers on X, pointing out that Bitcoin’s growth cycles parallel those of other assets from different eras. This suggests that such patterns might not be limited to cryptocurrencies alone. One Million US Dollars by 2027 One of the charts presented by TechDev outlines a possible scenario where Bitcoin's price could rise to one million US dollars by 2027 before undergoing a significant correction. This prediction is based on logarithmic growth cycles, which TechDev notes have been observed in other assets in the past. At the time of writing this article, Bitcoin is trading just below 61,000 US dollars. Optimism Despite Market Declines Despite recent declines in the cryptocurrency market, TechDev remains optimistic. He dismisses the recent downturn as temporary hype and reminds us that strong market fears in the past have often been followed by substantial recoveries. In his view, the broader economic environment continues to support Bitcoin’s potential for further price gains. He emphasizes that while Bitcoin has shown more volatility recently, the long-term upward trend remains intact. TechDev’s analysis suggests that Bitcoin, despite short-term fluctuations, still holds tremendous growth potential. Whether the prediction of one million US dollars by 2027 will come true remains to be seen

$BTC Analyse Updates 23rd August From the 4-hour chart(pic1), BTC is still moving in the middle of the downward opening wedge. Now it has just emerged from the triangle formed by the buying and selling pressure. Let's take a look at the 4-hour chart(pic 2). It is on the way up, and the resistance price of around 62750 has become a temporary challenge at this time. If BTC can break through this resistance value, then BTC will continue to climb in the short term, but the movement range is still in this channel. Next, let's look at the 15-minute chart(pic 3). This is the third time that BTC has broken through the triangle resistance value of around 61100. It has successfully backtested and is now slowly and carefully breaking away from the "shackles" of the triangle. 💰In the next near-term period, BTC has two possibilities for movement: A, get rid of the shackles and start climbing, but please be careful of the resistance value of around 627500. B, insufficient momentum, return to the triangle or coil around the triangle. Give it some time, and it will show its final choice. Remember to follow and like, and don't miss the daily trading analysis of the TOP5 tokens and the very potential altcoins. #CryptoMarketMoves #BTC☀ #BinanceBlockchainWeek #Write2Earn! #bitcoin

Cardano (ADA) Reclaims Top 10 Spot From Tron (TRX). The powerplay between Cardano and Tron has taken a new twist, with the former overtaking the latter in the rankings. The past few weeks saw both cryptocurrencies topple each other as the 10th largest digital currency. While laying claims on this milestone depends on individual altcoin performance, ADA is currently winning. ADA and TRX outlook. At the time of writing, Cardano was tra ding for $0.3829, up 4.76% in 24 hours. In contrast, Tron sold for $0.1548, with the price surge slightly below ADA's. While ADA now boasts a market cap of $13.75 billion, TRX has just $13.43 billion to lose from the top 10. To general market observers, Cardano is the more established digital currency based on market valuation. However, 10th place is very competitive with different assets, including Shiba Inu (SHIB) once making a play for it. Despite the instability associated with this 10th place, thus far this year, Cardano has maintained the longest ranking. Momentarily, the ecosystem hype of key rivals like Tron is often high, thus aggressively boosting demand for native assets. This was the case for TRX over the past few weeks, with the SunPump platform driving intense liquidity through meme coins. The hype has returned in Cardano's favor, with ADA skyrocketing by 14.5% in the trailing seven-day period. Is Dogecoin next? With Cardano outshining Tron, it is expected to continue beyond this newfound growth momentum by outranking DOGE. There are reasonable ecosystem advancements to power this next growth push. The Cardano Chang hard fork upgrade is still expected this month, according to updates from Charles Hoskinson, the protocol's founder. The market dynamics are poised to change significantly over the next few weeks. While Cardano appears to be hot, there is no guarantee it will not eventually fall from its present level.

$EWT is proving its strength even as $BTC struggles, securely positioned at 1.4$. Its next target upon upward movement is 3.1$. If momentum is lost, 1.16$ will provide support. Let's cross our fingers for Bitcoin bullish trend. In the past, we've recorded 80% gain.

Bybit Releases New Report Highlighting TON And Telegram’s Progress In Onboarding Users To Web3

Token 2049 Singapore

Cryptocurrency Used to Launder $25M in Drug Money: Rhode Island Courier Pleads Guilty

StaFi LSaaS Stack supports @babylonlabs_io BTC LST! With the successful launch of the #Babylon on the mainnet, developers and #LST project teams can seamlessly deploy Babylon $BTC LST on LSaaS with minimal additional development effort. Details: https://stafi-protocol.medium.com/stafi-lsaas-stack-now-supports-babylon-btc-lst-fefea96d8fab

$ETH - I’m Waiting for that candle to close above resistance 🤝 [Click Here & VOTE](https://app.binance.com/uni-qr/cpro/Hamid) #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #hamidarmy #BinanceHODLerBANANA

It's incredible to witness integrators like http://Starscream.ai pushing the boundaries of AI timestamping #prompts. Keep up the great work! ✊

X, Telegram & YouTube are Crypto's Top Social Platforms... 📱💬🎥 84% of crypto users spend most of their time on X, Telegram, and YouTube. 41.7% of the community primarily uses X, making it the leading platform. 🐦 21.5% spend most of their time on Telegram, while 20.8% favor YouTube. 🎥 ...and Also the Main Sources of News 📰 73.8% get their crypto news from X, Telegram, and YouTube. 34.4% turn to X for crypto news, 23.4% to YouTube, and 16% to Telegram. 💬 6.8% use Discord, and 4.5% prefer Reddit, though these are less popular for news. 🗨️ These findings from a @CoinGecko survey highlight how integral these platforms are to the crypto community, not just for social interaction but also as key information sources. https://www.coingecko.com/research/publications/crypto-community-media-usage #CryptoNews🚀🔥 #Market_Update #Telegram #Twitter #YouTube

...and all your proposals become breakthroughs!😺

Update !!!!!!!!!!!!!!!!!!!!! Today we'll talk about the Metaverse. It's not something new and has been in development for quite some time. However, since Facebook's CEO, Mark Zuckerberg, announced that they would be changing the company's name from Facebook to Meta, everyone has been curious to know what exactly the Metaverse is. While there isn't a proper definition of the Metaverse yet, the term was first introduced by writer Neal Stephenson in his book "Snow Crash." According to this book, the Metaverse referred to an imaginary world that doesn't exist in reality but can be conceptualized in one's mind. The Metaverse has also made a significant impact in the crypto world, with major companies investing in it. If you're interested in earning from the Metaverse in the future, it's a good idea to start planning your investments now. If you'd like me to share the top 5 Metaverse coins, type "Yes" in the comments. #MetaverseLife #MtGoxRepayments #SahmRule #PowellAtJacksonHole #BinanceLaunchpoolDOGS

Ethereum’s Struggle and Potential Breakout 🔮 Ethereum has been playing catch-up with Bitcoin, managing only a modest 2% gain this week. Despite this sluggish performance, the market is buzzing with speculation about a potential breakout. Analysts are closely watching the charts, suggesting that ETH could soon make a significant move, especially if macroeconomic conditions shift in its favor. With the upcoming U.S. presidential election, the landscape is set for potential volatility, which could work in Ethereum's favor. Historically, major political events have influenced market trends, and this time might be no different. If ETH can capitalize on these conditions, we might see it closing the gap with BTC, potentially leading to a more balanced crypto market. The coming weeks could be crucial for Ethereum’s trajectory. Will it seize the moment and rise to the occasion? #Ethereum #ETH #Crypto #Binance

#Educational Post: What is trading volume? Crypto trading volume measures how many times a coin changes hands over a given time frame. Volume is an extremely important indicator for traders to determine the future profitability of cryptocurrencies. Volume can show the direction and movement of the cryptocurrency as well as a prediction of future price and its demand. A greater volume of cryptocurrency transactions leads to fair cryptocurrency prices and removes the chance of distorted pricing. A low cryptocurrency exchange volume signals inefficient or low trades, as the asking prices of sellers fail to meet the bids of potential buyers. Higher volume tends to translate to higher price stability and less volatility. Of course, times of extreme fear or greed might bring surges in volume and large price movements. But, in general, coins or assets that consistently have higher volume tend to have less volatility. #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole

🚀 $VIDT /USDT On Fire! 🔥 $VIDT has skyrocketed with an incredible +52.66% gain in the last 24 hours, hitting a high of $0.03850! This surge has everyone talking as it pushes past resistance and keeps traders on the edge of their seats. The bulls are charging hard, but can VIDT maintain this momentum? 🔍 Key Levels to Watch: Current Price: $0.03641 24h High: $0.03850 24h Low: $0.02248 The market is buzzing with excitement as VIDT sees massive volume and impressive gains across multiple timeframes—up **130.28%** in just 7 days! This is a coin you don’t want to miss out on. 💡 What’s Next? Will VIDT continue its explosive growth and break new highs? Or will we see a pullback giving another entry opportunity? Keep an eye on that $0.03500 support—this might be where the bulls take another leap! 🔥 Stay Tuned and ride the wave with VIDT! Opportunities like this don’t come around every day! #Binance #CryptoTrading #Write2Earn! #BullRunAhead {spot}(VIDTUSDT)

Worldcoin faces scrutiny from Colombian authorities for alleged privacy violations Quick Take • Colombia’s regulatory agency accused Worldcoin of violating the personal data protection regime.  • Worldcoin has been investigated in several other jurisdictions for alleged privacy breaches. Colombia’s top consumer protection watchdog has accused the biometric cryptocurrency project Worldcoin   WLD +4.47%  and its company Tools for Humanity of allegedly violating the country’s personal data protection regime. “The purpose of the proceedings is to determine whether the parties under investigation have infringed the Colombian personal data protection regime in the collection of sensitive personal data,” Colombia’s Superintendence of Industry and Commerce (SIC) said in a Wednesday statement. If found guilty, the SIC may impose penalties including fines or sanctions that would suspend Worldcoin’s operations for six months, or even an “immediate and definitive closure” of operations that involve sensitive data. The project, co-founded by OpenAI CEO Sam Altman, assigns “World IDs” to individuals who scan their irises on an Orb device as proof-of-personhood. Those who sign up are given cryptocurrency in the form of WLD tokens. Worldcoin has onboarded over 6.5 million people worldwide, according to its website. Worldcoin launched in Colombia in June this year and currently operates its Orb devices in 25 locations across seven cities in Colombia, including its capital, Bogota.  The Block reached out to Worldcoin for comment. Such collection of human iris data has been scrutinized by regulatory agencies in multiple jurisdictions worldwide. While Worldcoin enabled users to have control over their iris data in March, Hong Kong proceeded to ban its operations in the region.

Man Faces 20-Year Prison Sentence in Crypto Money Laundering Case

Institutional FOMO on Bitcoin ETFs 📈 Institutional investors are jumping on the Bitcoin ETF bandwagon, and the numbers are staggering. With net inflows surpassing $17.5 billion, we’re seeing record-breaking investments pouring into Bitcoin ETFs. This massive influx of capital signifies a growing confidence among institutional players in Bitcoin's long-term potential as a solid investment vehicle. But what does this mean for the future of Bitcoin? As more institutional money flows in, it not only stabilizes Bitcoin's market but also paves the way for greater adoption and acceptance. The increased demand could drive up prices, making Bitcoin even more attractive to a broader range of investors. Additionally, with institutional backing, Bitcoin is likely to gain more credibility as a mainstream asset, potentially leading to further regulatory acceptance and integration into traditional financial systems. The domino effect of this institutional FOMO could be monumental, setting Bitcoin on a path toward becoming a cornerstone of global finance. #BitcoinETF #InstitutionalInvestors #Binance

🚨 Blum Airdrop: Unlocking Opportunities on August 31st! 🚨

#JOE MARKET SENTIMENT Our JOE trading setup has moved exactly to the last leg that we've anticipated for its bat harmonic pattern. As we've identified this pattern, we were able to take into account the overall bullish market sentiment that made this price action possible. We've also used the Fibonacci tool to identify the key levels that would most likely be the retracement level for JOE. As we've setup our stop loss below the 38.20% retracement key level which is the 0.3003 price for JOE, we were able to identify that this key level will least likely be hit before the pattern will be fully realized. This was proven to be correct as the retracement levels of above 50% and below 78.60% has been fully retraced. Right now, we're patiently waiting whether the last leg's highlight key level will be the reversal point of JOE's price or not. {future}(JOEUSDT) {future}(BNBUSDT) {future}(ETHUSDT)

Harris Dips a Toe in the Crypto Waters — Is It Enough?

KuCoin Launches Upgraded “Learn and Earn” Program Featuring TNA Protocol

3 Altcoins Leading the Charge in the NFT Space; Flow, Theta, Binance Smart Chain

The Aftermath of Crypto Hacks: Nearly 80% of Tokens Fail to Recover Post-Exploit

Solana Memecoin Explosion: Why WIF Price Is Skyrocketing Now!

Binance Introduces Mobile Money Crypto Transactions Across Four African Countries

🚀 Bitcoin's Journey to $62K 🚀 Bitcoin has been on a wild ride this week, reclaiming ground after dipping to $56,300. Now, it's flirting with the $62,000 mark. The market's optimism is partly fueled by expectations of the Federal Reserve cutting interest rates soon. All eyes are on Fed Chair Powell's upcoming speech—could it push BTC past the critical $63K resistance? Stay tuned! #Bitcoin #Crypto #Trading #Binance

$ATA is gaining strength, moving ahead after taking support at the 0.06$ mark. Upon its upward movement, the next target will be 0.142$. If it loses momentum, 0.049$ will act as the next support. The previous rally had a 320% increase according to our data.

How to Make Bitcoin Spendable Again With Tectum Founder and Lead Architect Alex Guseff

:U.S. Elections and Crypto’s Future 🗳️ The race for the White House is taking an intriguing turn for the crypto world. As the 2024 U.S. presidential election heats up, both leading candidates are making waves with more supportive stances toward digital assets. This marks a notable shift from the current administration's cautious approach. With potential regulatory changes on the horizon, could this be the moment that reshapes the future of crypto in the U.S.? 📈 Stay tuned as we watch how the election results could influence the crypto regulatory landscape and what it means for investors and innovators alike. #CryptoRegulation #USPolitics #Binance #CryptoFuture

Russia Plans To Launch Crypto Exchanges & BRICS Stablecoin Russia is now planning to launch two crypto exchanges, one in Moscow and the other in St. Petersburg. This move underscores the need to boost foreign economic activity (FEA),it aims to build an RMB-linked BRICS stablecoin. The crypto exchange initiative is designed to provide a new platform for digital transactions.experts have expressed concerns over the potential limitations and risks associated with the project, particularly in light of international sanctions. Russia’s Plans On Developing The Crypto Sector One of the crypto exchanges will likely leverage the infrastructure of the St. Petersburg Currency Exchange (SPCE) to facilitate foreign economic activity, according to a report by Kommersant. Whilst,the other platform is expected to be based in Moscow. However, it remains unclear whether it will be developed on the foundation of the existing Moscow Exchange or as a separate entity within an experimental legal framework. The primary focus of these exchanges will be the creation and use of stablecoins. stablecoins are a type of crypto that is typically pegged to a reserve of assets, such as a national currency or a basket of currencies. the Russian government is reportedly considering the development of stablecoins linked to the Chinese Renminbi (RMB) Yuan and the BRICS currency basket. This move is aimed at boosting economic cooperation among the BRICS nations (Brazil, Russia, India, China, and South Africa).BRICS is eyeing dedollarization via crypto and blockchain. However, the development and deployment of a BRICS stablecoin via newly-launched crypto exchanges present a number of challenges. Oleg Ogienko, CEO of BitRiver, pointed out the technological difficulties in integrating stablecoins into Russia’s blockchain infrastructure. He noted that “stablecoins, due to their legal nature, are more like cryptocurrency.” This could complicate their convertibility, liquidity, and security. The complexity of these issues could hinder the seamless adoption of stablecoins in Russia. Follow

Dogecoin Flipped by Another Meme Coin? 🤔🚀

Bitcoin (BTC) Surges Past $61K Ahead of Powell's Speech at Jackson Hole

AVAX is also bullish on the BTC pair. It’s sitting at the bottom of support, with a falling wedge spotted. A breakout is expected, with potential targets of at least 100% to 200%. #Avax🔥🔥 #AVAX✅ #AvalancheAVAX #AVAX✈️ #AVAX $AVAX

What’s next for the $BTC price rally? Will it hit $70,000 in September? - CoinPedia Analytics The markets have followed a pattern lately. It first soars high, followed by a pullback, and later forms a lower high and lower low. Until this trend is broken, forming a new ATH may be a tedious job for the BTC price rally. However, the bullish probability hovers over the BTC price rally, as the token would make another attempt and enter the resistance zone between $61,432 and $61,617 anytime from now.  The short-term price action suggests the bulls are poised to push the token within the interim resistance zone, while the bullish StochRSI validates the claim. On the other hand, the MACD displays a drop in the buying pressure, which may lead to a minor pullback. Therefore, Bitcoin price is believed to have entered the zone but yet again fails to break above the zone as the bulls do not carry the required strength. Hence, the price may drop back to the ascending support and if the bulls fail to defend, an extended pullback could drag the levels close to $58,000.   Besides, the Mega Whales, who are currently holding over 10,000 BTC, are signalling a very big move to the upside. They have been constantly accumulating BTC since June and hence this may initiate a strong price action. However, the correlation between the whale accumulation and the BTC price action has not been on a positive note during the accumulation phase, but once they reduce the pace, the bull run could begin.

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Analyst: ETH’s “Hate Rally” Could Spark a Rebound

OmegaPro Co-Founder Arrested in Turkey Over Alleged $4 Billion Crypto Fraud

they almost got me

🚨#TON URGENT UPDATE ‼️ On Shorter Time Frame ! TON is trading around $6.58$ Right Now The key support levels to watch are at $5.61 and $6.42. If the price drops below these levels, it can down even more then ! On the upside, TON faces resistance at $6.76 and A break above these levels could push the price towards $7.00, which is a significant resistance level. Bullish Scenario If TON manages to break above the $6.76 resistance, the next bullish target would be around $7.08. Bearish Scenario On the bearish side, a failure to hold above the $6.42$ support could lead to a retest of the $6.25$ level, and potentially even lower towards $6. - DYOR

Grayscale Expands Crypto Offering With AVAX Investment Trust

Poodlana MEXC Listing News: Why Holders Are Now Rushing to Buy BlockDAG Coin

Web3 Token Launch Platform G8keep Secures $1.25 Million Funding

Setting your stop loss and profit targets before entering a trade is crucial for adhering to a disciplined trading strategy. This practice ensures you don’t hang on to losing trades for too long and that you secure profits before they turn back into losses. It's essential to resist the temptation to adjust your stop loss in hopes that the price will recover, especially when it’s nearing the threshold. If you observe a shift in the market structure on lower timeframes after entering a trade, or if you sense that your strategy might not unfold as expected, it’s wiser to exit the trade immediately rather than waiting for the stop loss to trigger. Greed isn’t just about financial management; it's a matter of self-control. The best way to keep greed in check is by strictly following a well-thought-out trading plan. Mastering this will not only help you manage your impulses but also build the confidence necessary to become a successful trader. #Write2Earn! #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021 #voteforBULLISHBANTER

Ethereum ($ETH /USDT) Technical Analysis Current Price: $2,669.85 Resistance: $2,680.00 Support: $2,660.00 Ethereum's price is currently consolidating between the key resistance at $2,680 and support at $2,660. This range-bound movement suggests that the market is at a decision point. [vote for me](https://app.binance.com/uni-qr/cpro/CryptoMystique?l=en&r=146259817&uc=app_square_share_link&us=copylink) Breakout Possibilities: Bullish Breakout: If the price breaks above the $2,680 resistance, it could trigger a bullish move towards the $2,700 level. Traders may consider entering long positions above $2,680 with targets around $2,690 and $2,700, and a stop loss below $2,660. Bearish Breakdown: A break below the $2,660 support could lead to a bearish move towards the $2,640 level. In this scenario, short positions could be initiated below $2,660 with targets at $2,650 and $2,640, and a stop loss above $2,680. This analysis highlights a critical area of interest for traders, with a clear plan for both bullish and bearish scenarios. Monitoring the price action around these levels will be key to capturing potential opportunities. #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021

🚀 DWF Labs just pulled a Houdini with their $CRV stash, dumping 12.5M tokens on Binance at a 17.5% loss! 🤯 Bought at $0.40 OTC, sold at $0.33—ouch! But hey, every cloud has a silver lining, right? 🌥️ Curve DAO’s founder is cooking up a new proposal for 21M $CRV to fund development. The community's buzzing, demanding transparency on how the $6.3M will be spent. Despite the drama, $CRV is up 20% in the last 30 days! What do you think—strategic move or panic sell? Let’s discuss in the comments! #Crypto #Blockchain #CRV Read more: https://t.co/vbpeq1WLaU pic.twitter.com/LbBkxnVY6c

**El Salvador Continues Bitcoin Accumulation** El Salvador, the first country to adopt Bitcoin as legal tender, is ramping up its Bitcoin reserves. Data from Arkham Intelligence reveals that since March 16, the Salvadoran government has been buying one Bitcoin daily, adding 162 BTC to its holdings. This brings the total to 5,851 BTC, valued at around $356.4 million. President Nayib Bukele, a staunch advocate for Bitcoin, initiated this strategy to bolster economic independence. The government has also introduced a mempool space for public auditing of its Bitcoin assets, aiming for transparency. Additionally, El Salvador is leveraging its volcanic geothermal energy for Bitcoin mining, having mined 474 BTC since 2021. Bukele’s bold moves continue to draw both praise and concern globally.

**Institutional OTC Activity Signals Positive Market Outlook** Recent tracking of OTC addresses reveals a significant increase in the number of coins held by institutional entities. Over the past 30 days, approximately 57,000 BTCs have been transferred to these trading wallets, marking a strong accumulation trend reminiscent of 2021. Interestingly, this surge in institutional activity comes during a period of low market volatility, contrasting with historical patterns where high OTC activity typically aligns with choppy markets. While it remains uncertain if these institutions are preparing to sell, their readiness suggests a strategic positioning for potential market shifts. Overall, the increased institutional interest underscores a positive outlook for the crypto market, indicating confidence in its long-term potential.

Sony Group Unveils Soneium Ethereum Layer-2 Blockchain for Mainstream Web3 Adoption

Can Bitcoin Sustain the Ongoing Brief Bullish Momentum?