Bitcoin whales dump 115,000 BTC in biggest sell-off since mid-2022🚨
Bitcoin whales have sold a whopping $12.7 billion in Bitcoin over the past month, and continued sales could further pressure its price for the next few weeks, according to analysts.
“The trend of reducing exposure by major Bitcoin network players continues to intensify, reaching the largest coin distribution this year,” observed CryptoQuant analyst “caueconomy” on Friday.
They added that in the last 30 days, whale reserves have fallen by more than 100,000 Bitcoin (BTC), “signaling intense risk aversion among large investors.”
Read full article at https://cointelegraph.com/news/bitcoin-whales-dumped-115000-btc-largest-selloff-since-mid-2022
Bitcoin whales have sold a whopping $12.7 billion in Bitcoin over the past month, and continued sales could further pressure its price for the next few weeks, according to analysts.
“The trend of reducing exposure by major Bitcoin network players continues to intensify, reaching the largest coin distribution this year,” observed CryptoQuant analyst “caueconomy” on Friday.
They added that in the last 30 days, whale reserves have fallen by more than 100,000 Bitcoin (BTC), “signaling intense risk aversion among large investors.”
Read full article at https://cointelegraph.com/news/bitcoin-whales-dumped-115000-btc-largest-selloff-since-mid-2022
Cointelegraph
Bitcoin Whales Dump $12.7B In Largest Selloff Since 2022
Bitcoin whales dumped billions in BTC over the past 30 days in the largest selloff since July 2022, keeping prices suppressed.
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NEAR/USDT 4H TF Possible move update
(Not a Signal)
❗️Trade at your own risk❗️
NEAR forming a possible breakout from falling wedge pattern on 1hour timeframe. A falling wedge is a chart pattern formed by drawing two descending trend lines, one representing highs and one representing lows. It is categorized as a bullish reversal chart pattern. See chart above for analysis.
(Not a Signal)
❗️Trade at your own risk❗️
NEAR forming a possible breakout from falling wedge pattern on 1hour timeframe. A falling wedge is a chart pattern formed by drawing two descending trend lines, one representing highs and one representing lows. It is categorized as a bullish reversal chart pattern. See chart above for analysis.
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Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG🚨
An NYDIG analyst has warned of possible market turbulence as the gap between the share price and asset values of Bitcoin holding companies has narrowed.
The premiums of digital asset treasury firms are falling, and that’s likely to worsen in the near future unless they take action, says New York Digital Investment Group.
Read full article at https://cointelegraph.com/news/crypto-treasuries-bumpy-ride-premium-nav-narrow-nydig
An NYDIG analyst has warned of possible market turbulence as the gap between the share price and asset values of Bitcoin holding companies has narrowed.
The premiums of digital asset treasury firms are falling, and that’s likely to worsen in the near future unless they take action, says New York Digital Investment Group.
Read full article at https://cointelegraph.com/news/crypto-treasuries-bumpy-ride-premium-nav-narrow-nydig
Cointelegraph
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
The premium on the net asset value of crypto treasury companies has narrowed, with an NYDIG analyst warning it could spell for a “bumpy ride” ahead.
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JTO/USDT 1D TF Possible move
(Not a Signal)
❗️Trade at your own risk❗️
JTO forming a possible falling wedge pattern on daily timeframe. A falling wedge is a chart pattern formed by drawing two descending trend lines, one representing highs and one representing lows. It is categorized as a bullish reversal chart pattern. See chart above for analysis.
(Not a Signal)
❗️Trade at your own risk❗️
JTO forming a possible falling wedge pattern on daily timeframe. A falling wedge is a chart pattern formed by drawing two descending trend lines, one representing highs and one representing lows. It is categorized as a bullish reversal chart pattern. See chart above for analysis.
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Michael Saylor’s Strategy buys $217M in Bitcoin as price holds strong🚨
Strategy’s latest 1,955 Bitcoin acquisition brought its total BTC holdings to 638,460 BTC, purchased at an average price of $73,880 per coin.
Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, continued stacking the cryptocurrency as the BTC price edged up slightly last week.
Strategy acquired 1,955 Bitcoin for $217.4 million between Sept. 2 and 7, according to a Tuesday US Securities and Exchange Commission filing.
Read full article at https://cointelegraph.com/news/michael-saylor-strategy-buys-217-million-bitcoin
Strategy’s latest 1,955 Bitcoin acquisition brought its total BTC holdings to 638,460 BTC, purchased at an average price of $73,880 per coin.
Michael Saylor’s Strategy, the world’s largest holder of Bitcoin, continued stacking the cryptocurrency as the BTC price edged up slightly last week.
Strategy acquired 1,955 Bitcoin for $217.4 million between Sept. 2 and 7, according to a Tuesday US Securities and Exchange Commission filing.
Read full article at https://cointelegraph.com/news/michael-saylor-strategy-buys-217-million-bitcoin
Cointelegraph
Michael Saylor’s Strategy Buys $217M Bitcoin As Price Holds Firm
Michael Saylor’s Strategy acquired 1,955 Bitcoin for $217.4 million between Sept. 2 and 7.
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Nasdaq seeks access to Gemini’s crypto services via investment: Report🚨
Gemini has secured Nasdaq as an investor in its $317 million IPO, with Nasdaq purchasing $50 million in shares as part of a strategic partnership.
US stock exchange giant Nasdaq has reportedly formed a strategic partnership with Winklevoss-founded crypto exchange Gemini to gain access to its custody and staking services.
Gemini has secured Nasdaq as a strategic investor as the company moves forward with its initial public offering (IPO) debut on the stock exchange, Reuters reported on Tuesday, citing sources familiar with the matter.
Read full article at https://cointelegraph.com/news/nasdaq-invests-gemini-crypto-custody-staking
Gemini has secured Nasdaq as an investor in its $317 million IPO, with Nasdaq purchasing $50 million in shares as part of a strategic partnership.
US stock exchange giant Nasdaq has reportedly formed a strategic partnership with Winklevoss-founded crypto exchange Gemini to gain access to its custody and staking services.
Gemini has secured Nasdaq as a strategic investor as the company moves forward with its initial public offering (IPO) debut on the stock exchange, Reuters reported on Tuesday, citing sources familiar with the matter.
Read full article at https://cointelegraph.com/news/nasdaq-invests-gemini-crypto-custody-staking
Cointelegraph
Nasdaq seeks access to Gemini’s crypto services via investment: Report
Nasdaq reportedly plans to invest $50 million in Gemini as part of a strategic partnership that includes integrating Gemini’s custody and staking services ahead of the crypto exchange’s IPO debut.
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AU/USDT 4H TF Possible move
(Not a Signal)
❗️Trade at your own risk❗️
AU forming a possible descending channel on 4hour timeframe A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Officially, the space between the trendlines is the descending channel, which falls under the broad category of trend channels. See chart above for analysis.
(Not a Signal)
❗️Trade at your own risk❗️
AU forming a possible descending channel on 4hour timeframe A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Officially, the space between the trendlines is the descending channel, which falls under the broad category of trend channels. See chart above for analysis.
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BBVA taps Ripple for institutional Bitcoin, Ether custody in Europe🚨
Ripple will provide crypto custody services to Spain’s BBVA bank, expanding its existing partnership amid MiCA-driven adoption by European banks.
Ripple, the US blockchain firm behind the XRP cryptocurrency, will provide crypto custody services to Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA).
Read full article at https://cointelegraph.com/news/ripple-bbva-crypto-custody-mica
Ripple will provide crypto custody services to Spain’s BBVA bank, expanding its existing partnership amid MiCA-driven adoption by European banks.
Ripple, the US blockchain firm behind the XRP cryptocurrency, will provide crypto custody services to Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA).
Read full article at https://cointelegraph.com/news/ripple-bbva-crypto-custody-mica
Cointelegraph
BBVA taps Ripple for institutional Bitcoin, Ether custody in Europe
BBVA is adopting Ripple’s institutional custody service, extending their partnership amid MiCA-driven crypto uptake by EU banks.
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Polygon says blocks still running despite consensus bug disruption🚨
Polygon faced a temporary consensus finality delay on Wednesday caused by a Bor and Erigon bug that impacted RPC services and validator syncing.
Polygon is experiencing a temporary delay in consensus finality because of a bug affecting the Bor and Erigon nodes, according to an official incident report on its status page.
Read full article at https://cointelegraph.com/news/polygon-finality-disruption-node-bug
Polygon faced a temporary consensus finality delay on Wednesday caused by a Bor and Erigon bug that impacted RPC services and validator syncing.
Polygon is experiencing a temporary delay in consensus finality because of a bug affecting the Bor and Erigon nodes, according to an official incident report on its status page.
Read full article at https://cointelegraph.com/news/polygon-finality-disruption-node-bug
Cointelegraph
Polygon Experiences Finality Disruption Due to Bor/Erigon Node Bug
Polygon encountered a finality issue tied to a Bor and Erigon node bug, causing RPC disruptions and forcing some validators to rewind and resync.
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SAND/USDT 4H TF Possible move
(Not a Signal)
‼️Trade at your own risk‼️
SAND forming a possible ascending channel on 4hour timeframe. An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. See chart above for analysis.
(Not a Signal)
‼️Trade at your own risk‼️
SAND forming a possible ascending channel on 4hour timeframe. An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs. See chart above for analysis.
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"Trading involves high risk of losing your money. Any information provided shall be for information purposes only."
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Paxos updates USDH stablecoin bid with PayPal, Venmo integration plans🚨
Paxos updated its bid to issue Hyperliquid’s USDH stablecoin, unveiling a PayPal-backed product with payment integration and a revenue model tied to the DEX’s growth.
Stablecoin issuer Paxos has updated its proposal to issue USDH, the planned stablecoin of decentralized exchange (DEX) Hyperliquid, adding support from PayPal and Venmo.
Read full article at https://cointelegraph.com/news/paxos-partners-with-paypal-and-venmo-in-its-proposal-to-issue-hyperledger-usdh-stablecoin
Paxos updated its bid to issue Hyperliquid’s USDH stablecoin, unveiling a PayPal-backed product with payment integration and a revenue model tied to the DEX’s growth.
Stablecoin issuer Paxos has updated its proposal to issue USDH, the planned stablecoin of decentralized exchange (DEX) Hyperliquid, adding support from PayPal and Venmo.
Read full article at https://cointelegraph.com/news/paxos-partners-with-paypal-and-venmo-in-its-proposal-to-issue-hyperledger-usdh-stablecoin
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DOGE treasury CleanCore is now halfway to its 1B Dogecoin target🚨
CleanCore’s DOGE buy comes as the first DOGE spot ETF was delayed twice and is now expected to launch sometime next week.
CleanCore Solutions, a maker of aqueous ozone cleaning systems, has reached the halfway point of its 1 billion Dogecoin treasury target after buying $130 million in DOGE on Thursday.
Read full article at https://cointelegraph.com/news/doge-treasury-cleancore-halfway-1b-dogecoin-target
CleanCore’s DOGE buy comes as the first DOGE spot ETF was delayed twice and is now expected to launch sometime next week.
CleanCore Solutions, a maker of aqueous ozone cleaning systems, has reached the halfway point of its 1 billion Dogecoin treasury target after buying $130 million in DOGE on Thursday.
Read full article at https://cointelegraph.com/news/doge-treasury-cleancore-halfway-1b-dogecoin-target
Cointelegraph
DOGE treasury CleanCore is now halfway to its 1B Dogecoin target
CleanCore Solutions has achieved nearly half of its 1 billion DOGE treasury target. The company has acquired 500 million DOGE tokens within the span of four days.
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