NEWS: Celsius has now distributed more than $2.53 billion in cryptocurrencies and cash to its creditors, approximately 93% of the eligible value — according to its bankruptcy plan administrator.#CryptoMarketMoves

NEWS: Coinbase layer-2 network Base has topped 1 million daily active addresses amid a massive surge in the number of new “basenames” registered on the blockchain.#coinbase? $BTC

NEWS: 🇷🇺 Russia to start using crypto for international transactions next week.#CryptoNewss $BTC $ETH $BTC
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NEW: PayPal USD ($PYUSD), a stablecoin pegged to the U.S. dollar, has surpassed $1 billion in market cap, according to CoinMarketCap.

Bitcoin was rejected from the $65,000 resistance level, and the price dropped to the sub $62,000 area. We may see some sideways movement. The support and resistance levels remain the same$BTC

On August 26, Bitcoin spot ETFs had a total net inflow of $202.5 million.

$BTC
#BTC☀

NEWS: Telegram CEO Pavel Durov has been charged with 12 criminal counts.

#TelegramCEO

NEW: Ethereum whales have accumulated over 200,000 ETH in the last 96 hours, adding approximately $540 million to their holdings.

BB analysis:

The price is currently trading within a downtrend channel and has been rejected from the local resistance area. We might see another test of the resistance area in the coming days. You can consider opening a small long position at the support area with a tight stop loss.

Support Area: $0.30-$0.31

Resistance Area: $0.375-$0.40

$DOGS
#DOGSONBINANCE #CryptoMarketMoves

$DOGS trading volume hits 1B just within 4 hours of its launch; Currently at 723M FDV.

Are you satisfied with your $DOGS airdrop?

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No 😥
#DOGSONBINANCE #dogs

NEWS: The Bitcoin price increased 8% amid BTC investment products seeing $543 million in inflows last week.

Cryptocurrency investors have been increasingly purchasing Bitcoin-related exchange-traded products (ETP) amid concerns over potentially looming interest rate cuts in September.

$BTC

NEWS: 🇺🇸 Public Company Semler Scientific buys another 83 Bitcoin worth $5 million.

$BTC

NEW: Q4 is historically bullish for Bitcoin.

$BTC

MATIC analysis:

The price has reclaimed a key level and is now retesting it. If you missed out on buying MATIC when it dipped, you could consider opening a small long position here with a tight stop loss. We might see a bounce from this point towards the next resistance area.

Support Area: $0.50-$0.53

Resistance Area: $0.747-$0.787
$MATIC

NEWS: The developers of prominent Telegram-based crypto games like Hamster Kombat and Notcoin have put out messages and in-game content protesting the arrest of Pavel Durov.

#MtGoxRepayments #CryptoMarketMoves

$BTC
Bitcoin is trading sideways near the resistance area, with the price not breaking above $65,000. If it breaks above $65,000, it will likely move towards the $69,000-$70,000 resistance area. However, if there is a rejection from this level, the price could drop back to below $62,000

Bitcoin spot ETFs had a net inflow of $506 million last week (August 19 to August 23).

$BTC

#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within a descending broadening wedge pattern with strong volume. It has recently broken through the Ichimoku Cloud resistance barrier and the 100-day moving average, both of which are now acting as support below the current price action.

A successful retest of these levels above the 100MA and Ichimoku Cloud would reinforce the bullish sentiment for BTC. Moreover, a solid breakout from the pattern could trigger another bullish rally in the crypto market$BTC

NEWS: French authorities are scheduled to issue a statement on the detention of Telegram CEO Pavel Durov on Monday, Aug. 26.

It remains unclear if Durov has been officially arrested or charged.

#TelegramCEO #MtGoxRepayments #CryptoMarketMoves