$DOGS hourly also I have posted mid term on dogs do check t | 3rdeyeofcrypto på Binance Square

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$DOGS hourly 
also I have posted mid term on dogs do check that out ! 


Also, drop your altcoin , and I’ll drop mid-term analysis on them.

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for $SOL I feel we are good until there is no sweep below the last one ! and also buy if price taps on the line ! Also, drop your altcoin , and I’ll drop mid-term analysis on them.

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$STRK next possible move !

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I think $BTC might range between $58,000 and $63,000 before September 18th. Also, drop your altcoin , and I’ll drop mid-term analysis on them.

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Sky to Remove WBTC as Collateral Due to Concerns Over Justin Sun Sky, formerly Maker, is planning to remove Wrapped Bitcoin ($WBTC) as collateral from its platform due to concerns about Justin Sun’s potential influence over its restructuring. A proposal from BA Labs, shared on Sky’s governance forum, suggests that Sun or his affiliates might have hidden control over BitGlobal, one of the entities involved in the restructuring of $WBTC. This restructuring would see BitGo, the issuer of $WBTC, transfer control to a joint venture with BitGlobal, which is linked to Sun’s Tron ecosystem. Currently, $WBTC represents $73 million in collateral on Sky’s platform, supporting $127 million in DAI, and contributes $15 million in annual revenue. To minimize disruption, Sky will gradually increase liquidation thresholds until $WBTC is fully offboarded by October 8, 2024. During this transition, Sky is considering alternatives such as Coinbase’s $cbBTC and Threshold’s $tBTC to replace $WBTC, aiming for more secure and diversified options for its collateral requirements.

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MicroStrategy Expands Bitcoin Holdings with $1.1 Billion Purchase MicroStrategy has significantly increased its Bitcoin portfolio by acquiring an additional 18,300 BTC for approximately $1.1 billion, pushing its total holdings to 244,800 BTC, valued at around $14 billion. The latest purchase was made at an average price of $60,408 per Bitcoin, bringing the firm's total cost basis to $9.45 billion, or $38,585 per BTC. Funded by the sale of 8 million shares, this acquisition underscores MicroStrategy’s ongoing commitment to Bitcoin as a central element of its corporate strategy. Despite market fluctuations, the company's investment has been profitable, with a current yield of 4.4% in Q3 and 17% year-to-date. Led by Michael Saylor, MicroStrategy continues to use its stock offerings to finance further Bitcoin purchases, solidifying its position as the largest corporate holder of the cryptocurrency.

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