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MARKET MOVEMENT🚨
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JUST IN: $820 Billion global bank Standard Chartered boosts Bitcoin price target to $120,000 by the end of 2024!
MARKET MOVEMENT🚨
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State Securities Regulators Support SEC in Lawsuit Against Crypto Exchange Coinbase
A group uniting regional securities regulators in North America has backed the U.S. Securities and Exchange Commission (SEC) in its Coinbase lawsuit. The move goes against arguments in favor of adopting dedicated rules for crypto assets in the United States as opposed to implementing existing regulations.
MARKET MOVEMENT🚨
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Tesla still owns 10,725 #Bitcoin worth $296,000,000 in total!
MARKET MOVEMENT🚨
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Bitwise joins growing list of Ethereum ETF managers
The two funds will be called the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP).
MARKET MOVEMENT🚨
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Bitboy’s Ben Armstrong had gun ‘on the back seat’ while arrested ranting on livestream
BitBoy Crypto founder's livestream meltdown leads to arrest amid allegations of theft and threats.
MARKET MOVEMENT🚨
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FTX Restores Full Access to Claims Portal After Cybersecurity Breach
The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced.
MARKET MOVEMENT🚨
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$700K in crypto and NFTs lost in phishing attack through Vitalik Buterin’s hacked X account
According to ZachXBT, Vitalik Buterin is a "big enough target" that an X employee could have been paid off to perpetrate the hack.
MARKET MOVEMENT🚨
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New Russian malware, dubbed ‘Infamous Chisel,’ identified targeting Binance, Coinbase, and Trust wallets
The U.K.'s National Cyber Security Centre (NCSC) announced the thread on September 1st, linking the threat to the Russian state-sanctioned hacker group, 'Sandworm,'
MARKET MOVEMENT🚨
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Daily Sentiment Analysis
MARKET MOVEMENT🚨
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The short-term correlation between Nasdaq tech stocks and Bitcoin has turned positive, indicating the two are moving more in step
MARKET MOVEMENT🚨
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DID YOU KNOW: In 2022, the equivalent of $8.2 trillion was transferred through the Bitcoin network. This is the equivalent of 260 thousand dollars per second. $btc #Bitcoin
MARKET MOVEMENT🚨
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Proposed U.S. national defense bill could subject stablecoins issuers to non-compliable-with KYC and AML requirements, per Berenberg analyst Mark Palmer.
According to Palmer, this could also create difficulties for #Bitcoin ETF custodian Coinbase
MARKET MOVEMENT🚨
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US Government has dropped political campaign finance criminal charges against Sam Bankman-Fried.
MARKET MOVEMENT🚨
From June 16th to July 16th, BTC ETPs saw monthly net inflows of 25,202 BTC - the second largest monthly net inflow in BTC ETPs, only surpassed by October 2021 (the launch of BITO and other futures-based ETFs in the U.S.)
MARKET UPDATE VIP
Spot volumes rise for first time in 3 months, yet remain at historically low level.
MARKET MOVEMENT🚨
Binance (4H)
1) Open Interest
2) Top Trader Long/Short Ratio (Accounts)
MARKET MOVEMENT🚨
Bitcoin Long-Term Holders are remarkably calm, displaying no discernible reaction to the news related to the hostile US regulatory environment. Their exchange inflow volume this week was just 0.004% of their total holdings, with 66% of all trading days seeing larger relative inflows
MARKET MOVEMENT🚨
In May, spot trading volume on centralised exchanges fell 21.8% to $495bn, recording the lowest monthly spot trading volume since March 2019.
MARKET MOVEMENT🚨
BTC and ETH descending to historically low levels at 0.016 and 0.019 respectively
MARKET MOVEMENT🚨
$SUI unlocks 61M tokens ($62M) on June 3, increasing supply by 13%.
