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📊On August 30, spot Bitcoin ETFs experienced an outflow of $175 million, while spot Ethereum ETFs saw neither inflows nor outflows.

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Will RWA coin ONDO rise? Ondo (ONDO), which has become prominent in the real world assets (RWA) space, is about to return to its uptrend. Coinpedia, stating that ONDO is at a significant turning point, stated that it could increase by nearly 30 percent. It was stated in the analysis that the graphic formation indicates a trend reversal. ONDO, which is the RWA partner of asset manager BlackRock, has entered the radar of investors. There is a bullish expectation for the altcoin, which has made a significant decline. Chart analysis showed that supply pressure has decreased and the bulls have started to take control of the trend.

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🚀 Exciting News! Mogul Productions is thrilled to announce our partnership with HeLa Labs, a cutting-edge Layer 1 blockchain powered by a fiat-backed stablecoin! Learn more: http://helalabs.com

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The turn signal has arrived: Bitcoin scarcity has begun! The amount of Bitcoin (BTC) on crypto exchanges has fallen to its lowest level of the year, analysts said "bullishness is beginning". Despite the decline in BTC prices, the appetite for buying by large wallets has not diminished. The demand for “accumulation” in BTC, which is traded between $58,000 and $60,000, continued. According to on-chain data analysis platform CryptoQuant, the amount of BTC on exchanges has decreased by approximately 12.9 percent since January 1. Analysts who evaluated the BTC shortage in question predicted that a supply shock could occur in the near future. “Bitcoin reserves reaching their lowest levels of the year on exchanges indicate that selling pressure is decreasing and if demand continues to increase, the bull market can be supported.” CryptoQuant, reporting that there are a total of 2.62 million BTC left on exchanges, reported that asset owners are turning to cold wallets. Whales are withdrawing their assets from exchanges and moving them to their personal wallets in order to wait for the next market rise. “When there is less Bitcoin on exchanges, there is less liquidity for immediate sale,” said Gaah, indicating that a more resilient market environment will emerge. Crypto analyst MartyParty touched on the scarcity of BTC in his post published on August 27. Analyst followers who said, “Something is happening” An analyst using the pseudonym Bitcoin for Freedom stated that 56 thousand BTC has been withdrawn from exchanges since August 22. Expressing bullish expectations, Bitcoin for Freedom said, “The supply shock will come soon.”

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Elon Musk wins Dogecoin lawsuit: What happens now? Elon Musk and electric car company Tesla have won a lawsuit over claims they manipulated the price of Dogecoin. Elon Musk and his electric car company Tesla have won a lawsuit alleging they manipulated the price of Dogecoin. The lawsuit was dismissed in the U.S. District Court for the Southern District of New York on Aug. 29 by U.S. District Judge Alvin Hellerstein. Judge Hellerstein said the defendants misrepresented their tweets about Dogecoin. The defendants also believe Musk will be the official CEO of Dogecoin and could use the real Dogecoin in a SpaceX. A group of DOGE investors filed a lawsuit against Musk and Tesla in June 2022, seeking $258 billion in damages. The investors accused #Musk of driving the price of DOGE “more than 36,000 percent higher in two years, followed by a sharp decline.” They also claimed that Musk “used his position as the richest man in the world to operate and manipulate the Dogecoin Pyramid Scheme.” Musk requested the lawsuit be dismissed on March 31, and his lawyers described the allegations and $258 billion in damages as a fabrication in Manhattan federal court. The price of Dogecoin remained stable after the news of the layoffs, gaining 0.1 percent in the last 24 hours. As of writing, #DOGE is changing hands at $0.10 and has fallen 20 percent in the last month, according to CoinGecko data. The developments have not yet clearly affected the price of DOGE. However, in the future, #ElonMusk integrating DOGE into #Tesla or X could lead to major price changes in the pair. #DOGE investors should pay attention to moves that may come, especially from Musk. $DOGE

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Legfrissebb hírek

FairPool Launches on Fractal Testnet to Enhance Network Connectivity

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PowerPod and Mamotor Launch DePIN NFT on IoTeX Chain

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U.S. Core PCE Price Index Holds Steady at 2.6% in July, Matching June Figures

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QCP Capital: Weaker Non-Farm Payrolls Could Trigger U.S. Rate Cuts in September

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Fed Rate Cut Expectations Rise: 70% Probability of 25 Basis Point Reduction in September

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