BTC: COULD CONTINUE TO FALL
Bitcoin corrects on Monday, dropping almost 1% as it trades back below the $60,000 level.
Cryptocurrency Fear and Greed Index shows 'fear' as Bitcoin erases recent gains.
Bitcoin traders continue to take profits, with nearly $720 million in profits realized in the past six days.
Bitcoin (BTC) is extending the correction and erasing Friday’s gains after failing to hold above the psychologically important $60,000 level over the weekend. Since Saturday’s open, BTC has erased nearly 3% of its value and is trading near $58,500 at the time of writing on Monday.

CRYPTO ALLIANCE KEY:
Ripple, Hedera and Aptos Labs, founding members of the DLT Science Foundation, made a key announcement on Monday.
The three firms launched the MiCA Crypto Alliance to improve compliance with cryptoasset regulation in EU markets.
XRP is holding around $0.5600 on Monday.
Ripple (XRP) made a key announcement alongside other founding members of a crypto alliance. The DLT Science Foundation is behind the effort, Ripple partnered with Hedera and Aptos Labs.

#PEPE Falls as whales lose interest and traders turn to profit-taking.
Large volume transfers of PEPE have fallen to the lowest level in almost thirty days, signaling a loss of interest among whales.
Profit taking at PEPE is on the rise, with nearly $30 million in profits realized in the past six days.
PEPE erased almost 1% of its value on Monday, sliding to $0.00000731, extending losses from the weekend.

Binance founder Changpeng Zhao, commonly known as CZ, will be released from prison on September 29.
Zhao, 47, was sentenced to four months in prison for violating U.S. anti-money laundering and sanctions laws. He is currently being held in a low-security federal prison in San Pedro, California.
According to the US Federal Bureau of Prisons website, Zhao is set to be released on September 29.
Zhao's legal troubles began in November 2023, when he and Binance pleaded guilty to several charges related to the company's operations. These included facilitating transactions to countries under US sanctions, including Iran and Cuba. The charges were primarily related to money laundering.

Article of interest:
Bitcoin, once the undisputed king of mining, appears to be at a crucial crossroads. While the network is showing record returns, a new trend is emerging: miners, faced with declining profitability, are turning to artificial intelligence (AI) to diversify their sources of income.
Bitcoin: Record power, but profits on the decline
In recent months, the Bitcoin network has seen its hash rate reach an all-time high, marking the collective power of the machines dedicated to mining. This peak is a testament to the continued enthusiasm for the network's security, despite the economic challenges that overshadow the day-to-day lives of miners.

#TON in a week and re-enters the TOP 10 of cryptocurrencies
Toncoin has recently experienced significant fluctuations in its market cap, going from $17 billion to $11.5 billion in just a few weeks. However, thanks to a rapid price recovery, its market cap has now surpassed $14.5 billion again, allowing TON to re-enter the top 10 cryptocurrencies by market cap.
Toncoin re-enters the top 10 cryptocurrencies after a stunning fall

World ID comes to Solana for enhanced security.
Worldcoin, an organization dedicated to creating a global digital identity, recently announced the integration of World ID into the Solana blockchain. This initiative aims to enable Solana developers to build applications that focus on the authenticity of crypto users, ensuring that interactions are between real humans.
A significant advance for security
The integration of World ID into Solana is facilitated by Wormhole, an interoperability protocol that enables communication between different blockchains. Thanks to this collaboration, Solana developers can now integrate World ID into their crypto applications, thus offering an additional layer of security and identity verification.

BitTensor price today is $263.12 USD with a 24-hour trading volume of $41.40 Million USD. BitTensor (TAO) is down -6.11% in the past 24 hours.
Currently, TAO is in a descending triangle pattern, forming a bearish trend. After being rejected by the 100-day EMA and the resistance trend line, TAO has dropped by almost 28% and is currently holding the support at $260.
If TAO fails to hold the main support, it is expected to find support at $212, followed by a possible bounce.

He fell for a cryptocurrency scam and stole $47 million from his clients. Now he's going to jail.
Shan Hanes needed money to get higher cryptocurrency "rewards"
He stole money from all kinds of accounts, such as pension funds and investment accounts.
Until recently, Shan Hanes seemed to lead a normal life. The American in his early 50s was a respected figure in the Kansas banking world. He headed Heartland Tri-State Bank and had once been a member of the American Bankers Association. But at some point his life went into decline.

$DOGS has seen a massive distribution, with 37 billion tokens released in just 35 hours. The price saw a 9.1% increase, reaching $0.0011211, bringing the market cap to $563 million. Trading volume has also increased by 23%.
This airdrop, which reached 3 million users, follows an earlier distribution of 3.11 billion $DOGS to Notcoin holders. However, some users reported delays in claiming their tokens, particularly those using $TON wallets rather than centralized exchanges.

After breaking below a historical support level, the price of ADA against Bitcoin could drop another 25% in the coming months.
Cardano (ADA) prices have not reacted positively every time in the last few years after Charles Hoskinson mentioned something negative about Bitcoin
ADA price is down 75% since Hoskinson criticized BTC
In particular, the ADA/BTC trading pair is down 75% almost two years after Hoskinson questioned Bitcoin's survivability.

This price drop has been driven by multiple factors, both internal to the cryptocurrency space and the global financial landscape.
A decisive factor has been the behavior of Bitcoin miners, who have intensified the sale of their coins. Several mining companies have faced financial problems, even going so far as to declare bankruptcy. This increasing supply of BTC has put considerable pressure on its price.
Additionally, Bitcoin holdings on exchanges have remained low since late August. This (while often considered a bullish sign) indicates a decrease in market liquidity, which can cause sharp price fluctuations if there are changes in demand.

WLD price experienced a dramatic drop of 18%.
Elon Musk has resumed legal proceedings against Sam Altman and OpenAI, writes the New York Times. This led to an 18% drop in the price of the Worldcoin (WLD) token.
Saga of Elon Musk and Sam Altman
In June, on the eve of the court's decision to dismiss the lawsuit, the billionaire and Tesla CEO finally withdrew it. However, Elon Musk has decided to take it up again by filing the relevant documents in the federal court in Northern California.

In the early hours of Friday, the most important asset for the financial ecosystem collapsed and broke the $55,000 line.
With a drop of 8.5% in the last week, Bitcoin (BTC) deepens its bearish streak and fails to take off. Thus, the main digital asset is at $54,912.
At the close of the first week of September, Bitcoin is bleeding out and is now below $55,000. Despite having registered a 1% rise in the early hours of Friday the 6th, the asset did not sustain that trend.

Worldcoin price has dropped 87% from its all-time high.
Cryptocurrency is affected by large transactions made by Alameda Research.
The price of WLD has fallen by 87% since its all-time high in March, when it reached $11.8 per unit. Today, the asset is trading at just $1.3, touching a price not seen for a year.
This sharp drop threatens to push it out of the top 100 cryptocurrencies by market capitalization, while it remains in 93rd place.

AAVE is set for a 20% rally if support levels hold.
Aave price is retesting the support area between $117.53 and $112.48, looking for a reversal soon.
On-chain data paints a bullish picture as AAVE’s long-short ratio is above one, and the NPL metric shows negative spikes.
A daily candlestick close below $112.48 would invalidate the bullish thesis.
Aave (AAVE) price is retesting its major support level and bouncing 5.5% higher at the time of writing on Wednesday. On-chain data supports the bullish thesis and suggests a rally is in the offing, as evidenced by AAVE’s long-short ratio above one and the Network Realized Profit/Loss (NPL) indicator showing a negative spike.

The market could collapse 75%
Global financial markets are in turmoil as Bitcoin (BTC) liquidations are increasing significantly, in parallel with a notable drop in the S&P 500 index. This situation has raised concerns about a possible major financial crisis, with some analysts predicting a 75% drop in markets.
Bitcoin liquidations soar as S&P 500 falls
Bitcoin, often considered a safe haven, has not been immune to recent market volatility. In fact, Wall Street experienced a real meltdown on Tuesday with the S&P 500 correcting by over 2%. In response, the BTC price dropped by 4.5%, reaching levels of $56,500, triggering a surge in bitcoin long liquidations. According to one expert, $246.64 million in leverage could be liquidated if BTC falls below $56,840.

After a major security attack on the wallets of unfortunate investor users.
In a dramatic turn, the prices of $NOT, $DOGS, and PEPE plummeted after a major security breach. Hackers exploited the vulnerabilities and moved massive amounts of assets out of users’ wallets.
This surprising turn of events took traders by surprise who were expecting the rally to continue. Within hours, these tokens lost substantial market value as panic spread across the community. Now, development teams are in crisis mode, scrambling to regain investor confidence and minimize losses.

After the news residents;
Toncoin price is retesting its key support zone between $4.83 and $5.19, which, if not broken, could be followed by an upward move.
Supply Distribution data shows that a cohort of whales purchased TON during the recent price drop.
A daily candlestick close below $4.83 would invalidate the bullish thesis.
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Manish Chhetri
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Toncoin Price Is Poised For A Rally If Key Support Holds At Key Level

With more than 230 million unlocked in September.
Worldcoin will see its supply grow by over $230 million in September.
The price of WLD has shown an inverse correlation with its circulating supply.
On-chain data shows that 95% of addresses are holding WLD at a loss.
Worldcoin (WLD) is up 2% on Monday but risks a sharp decline in the coming weeks following more than $230 million worth of unlocks in September. This follows a nearly 90% drop from its all-time high in March.