BTC's Accumulation Trend Score approaches zero, indicating increased coin distribution. Whale accumulation declines, network activity drops, and new demand dwindles. Exchange reserves surge, suggesting heightened sell-off activity. Bulls may struggle to gain momentum amid resistance at $63,000.
EdmundData Ownership Protocol secured $162 million in a recent token sale, bolstering its mission for on-chain data transparency. Utilizing zk-SNARK technology, the protocol prioritizes user data privacy. Community engagement was pivotal in refining features. Despite its success, the project faces challenges in the competitive crypto landscape.
Cheng YuanDigital asset investment rebounds strongly with $862M inflows after $931M outflows. Bitcoin leads with $865M inflows, Ethereum sees outflows. Altcoins like Solana, Filecoin, Polkadot, Chainlink witness inflows. Bitcoin ETFs stumble in Q2 2024. Bitcoin price corrects 5% to $66,000 before halving event.
EdmundUsing gold as a benchmark and using the same volatility of 3.7 suggests the potential size of a Bitcoin ETF is around $62 billion (i.e. $230 billion divided by 3.7).
JinseFinanceGolden Finance launches the 2255th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
JinseFinanceChainlink unlocks $162M in LINK tokens, diverging from usual market expectations by using them for network incentives and development.
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Bitcoinist“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated.
Cointelegraph