BTC: 55.3k (+2%), ETH: 2320 (+1%), SOL: 130 (0%). Top Gainers: FTM, TAO, BTT, AAVE, TON, ATOM. Crypto mini-bounce continues, BTC reclaims $55k. BTC RSI hits lowest level since July 2021. Bitfinex longs continue to grow aggressively. BTC hashrate hits another ATH. BTC could hit $90k on Trump election: Bernstein. BlackRock settles intraday BTC trades off-chain. Spot BTC ETFs have been a failure: Bianco. Power giant Tepco explores Bitcoin mining. ETH Foundation & Vitalik continue to sell ETH. Farcaster DAU’s down 95%….
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BTC ETFs: +$29m, ETH ETFs: -$5m. BTC rallies, ETF has first inflow in 9 trading days. BTC may have put in first higher low in 6 months. Saylor predicts $13m price for BTC. Wealth advisors quickly adopting BTC: BitWise CEO. Binance among few firms to get Indonesia license. Spot trading on CEXs up 30% in August. SEC made $4.68bn from crypto firms in 2023. $5.6bn lost to scams in 2023. XRP security status may be unchallenged in appeal. EtherFi announces credit card on Scroll. Base has more DEX users than other L2s combined. Tether & Tron create taskforce against crime. TIA still only making $585 in daily fees. WLD investigated by Singapore police….
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Crypto funds saw their biggest weekly outflows since March last week, CoinShares reported, with Bitcoin ETFs leading the bleeding….
Continue reading on https://decrypt.co/248548/bitcoin-etf-buzz-cools-investors-pull-726-million-crypto-funds
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Crypto weak after continued ETF outflows. Durov breaks silence, TON bounces 3%. Telegram will start moderating private chats. Hayes & Brandt flip bearish on BTC. Coinbase shares hit 7 month lows. 90% of crypto firm applications rejected in UK. Japan’s 3 largest banks to trial stablecoins. Trump promises again to embrace crypto. INJ launches BlackRock BUIDL index. DWF to launch synthetic stablecoin. Vitalik to donate all L2 tokens to charity. Most VCs in crypto ‘will disappear’….
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While spot Ethereum ETFs have so far seen significant outflows, JP Morgan analysts highlight why a Bitcoin comparison is “apples to oranges.”…
Continue reading on https://decrypt.co/248274/ethereum-etf-demand-might-look-week-bitcoin-comparison-jpmorgan
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The firm will liquidate its futures investment product two months after launching its spot Ethereum ETF….
Continue reading on https://decrypt.co/248279/vaneck-liquidate-ethereum-futures-etf
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Bitcoin and Ethereum ETFs shed a total of $360 million in a single day, as the price of BTC slipped to lows of just over $55,000….
Continue reading on https://decrypt.co/248179/bitcoin-price-flirts-with-55000-as-etfs-see-seventh-day-of-outflows
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Crypto falls on macro wobble, Yen fears. OI wiped in BTC drop to $56k, funding negative. Altcoins down 13% YTD, stablecoin supply up 30%. BTC mining profitability at record low: JP Morgan. FBI says North Korea targeting BTC ETF issuers. Trump family to launch DeFi project on ETH. Trump project linked to AVAX’s Dough Finance. Trump family members hacked during launch. AI coins underperform after Nvidia investigation. MATIC upgrade to POL begins. TON falls as Telegram faces issues in many countries. VC funding & BTC correlation breaks down. We have entered crypto’s ‘corporate phase’. Gensler will leave regardless of election: Ripple CEO. Harris campaign has asked Coinbase for advice. Penpie DeFi project hacked for $27m. Galois Capital settles with SEC over FTX custody….
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Bitcoin exchange-traded funds saw a fifth day of outflows Tuesday, ahead of the crypto market’s Wednesday morning slump….
Continue reading on https://decrypt.co/247809/bitcoin-etfs-shed-288-million-in-fifth-day-of-negative-flows
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Amid surging interest in decentralized finance, other players in the wrapped-BTC space have attracted controversy….
Continue reading on https://decrypt.co/247770/why-etf-issuer-21shares-is-launching-a-new-wrapped-bitcoin-on-ethereum
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