Top crypto tweets of the day – August 9th
Cryptopolitan (RSS)
Fantom’s DEX SpiritSwap is running low on funds and might close shop
The Fantom ecosystem DEX SpiritSwap announced that due to the Multichain incident, the project had run out of funds and could no longer support daily operations. SpiritSwap is currently looking for a new team to take over the project. If there is no team to take over, SpiritSwap…
— Wu Blockchain (@WuBlockchain) August 9, 2023
Neuralink, Elon Musk’s brain implant startup, raises $280 million
Neuralink, Elon Musk’s brain implant startup, raises $280 million from Peter Thiel’s VC fund, at a valuation of $5 billion. Its mission is to create universal brain-computer interfaces that will restore autonomy to those with unmet medical needs and unlock human potential in the…
— Wu Blockchain (@WuBlockchain) August 9, 2023
Over the weekend, USDT again lost its dollar peg on centralized exchanges
Over the weekend, #USDT again lost its dollar peg on centralized exchanges.
It is unclear who is behind the large selling pressure, considering there has not been a bearish catalyst. pic.twitter.com/b19MinUI7Q
— Kaiko (@KaikoData) August 8, 2023
Dogecoin ready for a breakout?
In hindsight, $DOGE might be one of the easiest plays based on everything going on with @X and @elonmusk
SOME exposure is necessary at this point… pic.twitter.com/25YCH7L60D
— Castillo Trading (@CastilloTrading) August 8, 2023
Total TVL declines
Will TVL for any major L1/L2’s not named BASE grow in August or is BASE gonna take all the oxygen out of the room?
Here’s the starting point. Where does BASE end the month? pic.twitter.com/cFT70drZ1Y
— Ryan Selkis 🪳 (@twobitidiot) August 9, 2023
Threads vs. Twitter (X)
One month ago, Jim Cramer said Mark Zuckerberg killed Twitter.
Inverse Cramer never fails. pic.twitter.com/JKmYntLSpV
— Chairman (@WSBChairman) August 9, 2023
Cumulative Bitcoin transaction volume (change-adjusted) just went above $40 trillion
Cumulative #Bitcoin transaction volume (change-adjusted) just went above $40 TRILLION…
$40 TRILLION without a central bank.
$40 TRILLION without a government.
$40 TRILLION without a CEO.
$40 TRILLION without asking for permission. pic.twitter.com/Lzflm6jkCb
— Walker⚡️ (@WalkerAmerica) August 9, 2023
Crypto is now trading in a continuation bullish pattern
CYRPTO IS NOW TRADING IN A
CONTINUATION BULLISH PATTERN
SINCE THE BEGINNING OF 2023
ARE WE SET TO ANOTHER BREAK
OUT TOWARDS THE UPSIDE SOON? pic.twitter.com/SIzaBq4n43
— Ash Crypto (@Ashcryptoreal) August 8, 2023
Many altcoins are showing signs of life
📈 With #Bitcoin's push back above $30k instilling confidence in #crypto markets, many #altcoins are showing signs of life. Keep an eye on #FOMO levels if prices continue pushing forward for the day, with $SOL, $TON, & $HBAR among the surging assets creating #bullish narratives. pic.twitter.com/n0YpmXvQP4
— Santiment (@santimentfeed) August 8, 2023
Paypal stablecoins PYUSD’s first transaction tested a value of $69.42069
Paypal stablecoins $PYUSD first transaction tested value of $69.42069 pic.twitter.com/49qrLEATYe
— Whale (@WhaleChart) August 7, 2023
BlackRock insiders say spot Bitcoin ETF approval is expected within six months
JUST IN:
BlackRock insiders say spot Bitcoin ETF approval expected in within six months.
— Whale (@WhaleChart) August 9, 2023
BREAKING‼️ BlackRock insiders say spot #Bitcoin ETF approval expected in "four to six months" – Mike Novogratz pic.twitter.com/gXI8bE5GV9
— Bitcoin Archive (@BTC_Archive) August 8, 2023
Ethereum just surpassed 100 Million non-zero addresses
#Ethereum just surpassed 100 Million non-zero addresses. 📈 pic.twitter.com/GZZUHEzNR2
— Altcoin Daily (@AltcoinDailyio) August 8, 2023
X/Twitter fined $350,000
BREAKING: X/Twitter fined $350,000 after Elon Musk refuses to give U.S. Government access to President Trump's account
— CryptoSavingExpert ® (@CryptoSavingExp) August 9, 2023
Cryptopolitan (RSS)
Fantom’s DEX SpiritSwap is running low on funds and might close shop
The Fantom ecosystem DEX SpiritSwap announced that due to the Multichain incident, the project had run out of funds and could no longer support daily operations. SpiritSwap is currently looking for a new team to take over the project. If there is no team to take over, SpiritSwap…
— Wu Blockchain (@WuBlockchain) August 9, 2023
Neuralink, Elon Musk’s brain implant startup, raises $280 million
Neuralink, Elon Musk’s brain implant startup, raises $280 million from Peter Thiel’s VC fund, at a valuation of $5 billion. Its mission is to create universal brain-computer interfaces that will restore autonomy to those with unmet medical needs and unlock human potential in the…
— Wu Blockchain (@WuBlockchain) August 9, 2023
Over the weekend, USDT again lost its dollar peg on centralized exchanges
Over the weekend, #USDT again lost its dollar peg on centralized exchanges.
It is unclear who is behind the large selling pressure, considering there has not been a bearish catalyst. pic.twitter.com/b19MinUI7Q
— Kaiko (@KaikoData) August 8, 2023
Dogecoin ready for a breakout?
In hindsight, $DOGE might be one of the easiest plays based on everything going on with @X and @elonmusk
SOME exposure is necessary at this point… pic.twitter.com/25YCH7L60D
— Castillo Trading (@CastilloTrading) August 8, 2023
Total TVL declines
Will TVL for any major L1/L2’s not named BASE grow in August or is BASE gonna take all the oxygen out of the room?
Here’s the starting point. Where does BASE end the month? pic.twitter.com/cFT70drZ1Y
— Ryan Selkis 🪳 (@twobitidiot) August 9, 2023
Threads vs. Twitter (X)
One month ago, Jim Cramer said Mark Zuckerberg killed Twitter.
Inverse Cramer never fails. pic.twitter.com/JKmYntLSpV
— Chairman (@WSBChairman) August 9, 2023
Cumulative Bitcoin transaction volume (change-adjusted) just went above $40 trillion
Cumulative #Bitcoin transaction volume (change-adjusted) just went above $40 TRILLION…
$40 TRILLION without a central bank.
$40 TRILLION without a government.
$40 TRILLION without a CEO.
$40 TRILLION without asking for permission. pic.twitter.com/Lzflm6jkCb
— Walker⚡️ (@WalkerAmerica) August 9, 2023
Crypto is now trading in a continuation bullish pattern
CYRPTO IS NOW TRADING IN A
CONTINUATION BULLISH PATTERN
SINCE THE BEGINNING OF 2023
ARE WE SET TO ANOTHER BREAK
OUT TOWARDS THE UPSIDE SOON? pic.twitter.com/SIzaBq4n43
— Ash Crypto (@Ashcryptoreal) August 8, 2023
Many altcoins are showing signs of life
📈 With #Bitcoin's push back above $30k instilling confidence in #crypto markets, many #altcoins are showing signs of life. Keep an eye on #FOMO levels if prices continue pushing forward for the day, with $SOL, $TON, & $HBAR among the surging assets creating #bullish narratives. pic.twitter.com/n0YpmXvQP4
— Santiment (@santimentfeed) August 8, 2023
Paypal stablecoins PYUSD’s first transaction tested a value of $69.42069
Paypal stablecoins $PYUSD first transaction tested value of $69.42069 pic.twitter.com/49qrLEATYe
— Whale (@WhaleChart) August 7, 2023
BlackRock insiders say spot Bitcoin ETF approval is expected within six months
JUST IN:
BlackRock insiders say spot Bitcoin ETF approval expected in within six months.
— Whale (@WhaleChart) August 9, 2023
BREAKING‼️ BlackRock insiders say spot #Bitcoin ETF approval expected in "four to six months" – Mike Novogratz pic.twitter.com/gXI8bE5GV9
— Bitcoin Archive (@BTC_Archive) August 8, 2023
Ethereum just surpassed 100 Million non-zero addresses
#Ethereum just surpassed 100 Million non-zero addresses. 📈 pic.twitter.com/GZZUHEzNR2
— Altcoin Daily (@AltcoinDailyio) August 8, 2023
X/Twitter fined $350,000
BREAKING: X/Twitter fined $350,000 after Elon Musk refuses to give U.S. Government access to President Trump's account
— CryptoSavingExpert ® (@CryptoSavingExp) August 9, 2023
Twitter
The Fantom ecosystem DEX SpiritSwap announced that due to the Multichain incident, the project had run out of funds and could no longer support daily operations. SpiritSwap is currently looking for a new team to take over the project. If there is no team…
Bitcoin Price Prediction As Spot Trading Volume Plunges To 6-Year Low, Bullish Or Bearish?
CoinGape (RSS)
The directionless trading environment is causing a lot of impatience across the market, with traders forced to jump on FOMO pumps in little-known altcoins like LOOM, CREAM, and SXP. Meanwhile, Bitcoin (BTC) and Ethereum (ETH) continue to face the lowest spot trading liquidity in many years. 🗣️🤑 #Bitcoin's ratio of discussions compared to #altcoins has
The post Bitcoin Price Prediction As Spot Trading Volume Plunges To 6-Year Low, Bullish Or Bearish? appeared first on CoinGape.
CoinGape (RSS)
The directionless trading environment is causing a lot of impatience across the market, with traders forced to jump on FOMO pumps in little-known altcoins like LOOM, CREAM, and SXP. Meanwhile, Bitcoin (BTC) and Ethereum (ETH) continue to face the lowest spot trading liquidity in many years. 🗣️🤑 #Bitcoin's ratio of discussions compared to #altcoins has
The post Bitcoin Price Prediction As Spot Trading Volume Plunges To 6-Year Low, Bullish Or Bearish? appeared first on CoinGape.
Dogecoin Price Prediction: Will DOGE Rally As Addresses With A Balance Surpass 5M
CoinGape (RSS)
Dogecoin price prediction: Altcoins have over the last couple of months de-correlated from Bitcoin based on fundamental data from research firm Kaiko. While XRP and Binance (BNB) posted the largest drop in the correlation index, Dogecoin (DOGE) and Cardano (ADA) remained mostly correlated.
#Bitcoin has de-correlated with #Altcoins in the last 60 days!$XRP and #BNB have registered the largest drop in correlation.
While $DOGE and ...
View original post
CoinGape (RSS)
Dogecoin price prediction: Altcoins have over the last couple of months de-correlated from Bitcoin based on fundamental data from research firm Kaiko. While XRP and Binance (BNB) posted the largest drop in the correlation index, Dogecoin (DOGE) and Cardano (ADA) remained mostly correlated.
#Bitcoin has de-correlated with #Altcoins in the last 60 days!$XRP and #BNB have registered the largest drop in correlation.
While $DOGE and ...
View original post
Bitcoin ETF Commentary Prompts Alert on Cryptocurrency Leverage Risks
CoinGape (RSS)
As Bitcoin and the broader crypto market witnessed a sell-off Wednesday, MN Trading founder Michaël van de Poppe advised against taking excessive risks with leverage and recommended maintaining low-limit bids.
Highest liquidation in 2 years
In a post on X, Van de Poppe said, “Massive liquidations today, the largest for #Altcoins in the past two years. Unlikely it will happen again tomorrow or the day after,”
While Van de Poppe is not expecting a repeat of this scenario, the Bitcoin spot market has shown a slow recovery. Simeon Hyman, global investment strategist at ProShares, highlighted spot market issues during a recent Bloomberg TV interview.
He pointed out the price discrepancies of Bitcoin across various exchanges and the inherent risks of these platforms. The strategist raised concerns about the daily settlement processe...
View original post
CoinGape (RSS)
As Bitcoin and the broader crypto market witnessed a sell-off Wednesday, MN Trading founder Michaël van de Poppe advised against taking excessive risks with leverage and recommended maintaining low-limit bids.
Highest liquidation in 2 years
In a post on X, Van de Poppe said, “Massive liquidations today, the largest for #Altcoins in the past two years. Unlikely it will happen again tomorrow or the day after,”
While Van de Poppe is not expecting a repeat of this scenario, the Bitcoin spot market has shown a slow recovery. Simeon Hyman, global investment strategist at ProShares, highlighted spot market issues during a recent Bloomberg TV interview.
He pointed out the price discrepancies of Bitcoin across various exchanges and the inherent risks of these platforms. The strategist raised concerns about the daily settlement processe...
View original post
Bitcoin Price Zooms Past $41k On Friday, Can BTC Rally To $43k This Weekend?
CoinGape (RSS)
Cryptocurrency prices ticked up on Friday, especially during the European session, creating a lively buzz across the market as investors felt a significant relief in the wake of a gruesome two weeks. Bitcoin price blasted off from below $40,000 to trade above $41,000 while major altcoins like Ethereum and Solana eased into brief trend reversals to $2,244 and $90, respectively. Avalanche (AVAX) was among the biggest gainers, up 5.7%.
Other altcoins like Polkadot are ready to bounce based on a technical insight shared by the CEO and founder of MN Trading Consultancy.
#Altcoins getting ready for a bounce, in which...
View original post
CoinGape (RSS)
Cryptocurrency prices ticked up on Friday, especially during the European session, creating a lively buzz across the market as investors felt a significant relief in the wake of a gruesome two weeks. Bitcoin price blasted off from below $40,000 to trade above $41,000 while major altcoins like Ethereum and Solana eased into brief trend reversals to $2,244 and $90, respectively. Avalanche (AVAX) was among the biggest gainers, up 5.7%.
Other altcoins like Polkadot are ready to bounce based on a technical insight shared by the CEO and founder of MN Trading Consultancy.
#Altcoins getting ready for a bounce, in which...
View original post
Shiba Inu Coin Price Prediction As SHIB Claws Back Alongside Leading Altcoins
CoinGape (RSS)
The altcoin market is strengthening against Bitcoin dominance which according to CoinMarketCap holds at 51.3% of the total $1.66 trillion cap. Most altcoins, including Shiba Inu Coin (SHIB), dumped significantly following the approval of the first spot BTC ETF in the US. The event turned out to be a buy the rumor sell the news affair, leaving investors withdrawn with some counting losses.
Crypto trader @ChiefraFba points investors to watch out for a breakout above resistance at $745 billion (altcoin market cap). This hurdle has been tested severally in the last week, with a potential breakout from a 3-week trendline resistance in the offing.
#Altcoins / Tot...
View original post
CoinGape (RSS)
The altcoin market is strengthening against Bitcoin dominance which according to CoinMarketCap holds at 51.3% of the total $1.66 trillion cap. Most altcoins, including Shiba Inu Coin (SHIB), dumped significantly following the approval of the first spot BTC ETF in the US. The event turned out to be a buy the rumor sell the news affair, leaving investors withdrawn with some counting losses.
Crypto trader @ChiefraFba points investors to watch out for a breakout above resistance at $745 billion (altcoin market cap). This hurdle has been tested severally in the last week, with a potential breakout from a 3-week trendline resistance in the offing.
#Altcoins / Tot...
View original post
Altcoin holders reap massive unrealized gains amid market surge
Cryptopolitan (RSS)
In a recent social media post on X (formerly known as Twitter), Santiment, a prominent blockchain analytics firm, underscored the substantial unrealized gains accruing to altcoin holders amidst weeks of explosive price action across various cryptocurrencies.
🧮 Based on average trading returns, many assets have seen understandably high profits since markets began booming all the way back in mid-October, 2023. Outside of a few lagging #altcoins, the vast majority of #crypto projects have generated profits for the average
(Cont) 👇 pic.twitter.com/ziKhzmcz1v
— Santiment (@santimentfeed) ...
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Cryptopolitan (RSS)
In a recent social media post on X (formerly known as Twitter), Santiment, a prominent blockchain analytics firm, underscored the substantial unrealized gains accruing to altcoin holders amidst weeks of explosive price action across various cryptocurrencies.
🧮 Based on average trading returns, many assets have seen understandably high profits since markets began booming all the way back in mid-October, 2023. Outside of a few lagging #altcoins, the vast majority of #crypto projects have generated profits for the average
(Cont) 👇 pic.twitter.com/ziKhzmcz1v
— Santiment (@santimentfeed) ...
View original post
🚨 Phemex restricts trading for 82 tokens over liquidity concerns
Phemex exchange has placed 82 unique USDT spot pairs under Special Treatment as of Aug 31. Users are now required to pass a mandatory Risk Cognizance Test before they can trade these specific assets.
The list includes several high-profile tokens such as ETC, XTZ, SNX, YFI, NEXO, AXS, USDe, and TUSD. Popular assets like POPCAT, HMSTR, and DOGS are also affected by the new restrictions.
Phemex cited three main reasons for the move: persistently low trading volume and liquidity, failure of project teams to provide operational updates, or missed whitepaper milestones without explanation.
#Phemex #CryptoNews #Trading #Altcoins
Phemex exchange has placed 82 unique USDT spot pairs under Special Treatment as of Aug 31. Users are now required to pass a mandatory Risk Cognizance Test before they can trade these specific assets.
The list includes several high-profile tokens such as ETC, XTZ, SNX, YFI, NEXO, AXS, USDe, and TUSD. Popular assets like POPCAT, HMSTR, and DOGS are also affected by the new restrictions.
Phemex cited three main reasons for the move: persistently low trading volume and liquidity, failure of project teams to provide operational updates, or missed whitepaper milestones without explanation.
#Phemex #CryptoNews #Trading #Altcoins