DOGE Builds Higher Lows Amid Resistance
$DOGE maintained a tight trading range, with support at $0.213–$0.214 and resistance at $0.220–$0.221, as momentum faded late in the session. #Update #Crypto $DOGE
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Crypto Haven Emerges as Belarus Welcomes Investment
Belarus President Aleksandr Lukashenko calls for finalizing crypto regulations to enhance oversight and protect investors, citing violations in transaction records by local platforms. #Update #Crypto $BTC
Congress Returns to Tackle Crypto Regulations
Congress is focusing on market structure legislation, with the Senate Banking Committee aiming for a Sept. 30 deadline amid other priorities; SEC and CFTC are coordinating crypto regulations. #Update #Crypto $BTC $ETH
Bitcoin Hits Record 14.3M Illiquid Supply
Bitcoin’s illiquid supply reached a record 14.3M BTC, constituting 72% of circulation, indicating strong accumulation by long-term holders despite recent price fluctuations. #Update #Crypto $BTC
SEC Meeting Sparks Chainlink Tokenization Future
Chainlink CEO @SergeyNazarov met SEC Chairman Paul Atkins, discussing on-chain asset compliance with securities laws. Nazarov anticipates significant growth in digital asset tokenization by mid-2024. #Update #Crypto $LINK
Stripe’s Tempo Blockchain Challenges Libra Legacy
@ChristianCatalini warns that @Stripe’s Tempo and @Circle’s Arc may prioritize commercial success over crypto’s decentralization ideals, potentially replicating traditional finance structures. #Update #Crypto $USDC
Stablecoin Transfers Surge to $5.8B in August
Stablecoin retail transfers hit a record $5.84B in August, with users favoring $BSC over $TRX for low fees. Ethereum’s mainnet transactions surged 81% as costs dropped. #Update #Crypto $USDT
Tokenization Boosts Liquidity Amid Major Challenges
Tokenization could transform asset management by enhancing liquidity and transparency, but faces regulatory hurdles and custody risks, according to @BankofAmerica. #Update #Crypto $BTC
Blockchain Empowers 1.7 Billion Unbanked Users
@FranklinTempleton’s first tokenized money market fund cuts transaction costs from $1 to less than a penny, showcasing blockchain’s potential for efficiency and financial inclusion. #Update #Crypto $BTC
StablecoinX Secures $530M for Ethena Treasury
Stablecoin X Assets Inc. and TLGY Acquisition Corp. secured $530M in PIPE financing, totaling $890M for their Nasdaq listing as StablecoinX under ticker “USDE.” Funds will support Ethena’s ENA treasury strategy. #Update #Crypto $ENA
Bitcoin and Stablecoins Lead 2025 Crypto Adoption
India and the U.S. lead in cryptocurrency adoption per Chainalysis’ report, with $4.6 trillion inflows into Bitcoin; stablecoins like $USDT and $USDC see significant growth. #Update #Crypto $BTC
Bitcoin and Ethereum Lead This Week’s Top Coins
Crypto analytics platform @santimentfeed reported that $BTC, $ETH, $DOGE, $USDT, and $EGLD were top trending assets this week, with notable discussions on BTC’s role as “digital gold” and Tether’s gold investments. #Update #Crypto $BTC
Bitcoin Stays Below $112K After Jobs Report
Bitcoin remains below $112K after a disappointing U.S. jobs report, with only 22,000 job additions in August, raising concerns of further sell-offs ahead. #Update #Crypto $BTC
Ethereum ETFs Lose $952M Amid Recession Fears
Spot ether ETFs saw $952M in outflows over five days, with $446.71M withdrawn on Friday, while spot bitcoin ETFs gained $246.4M. ETH trades near $4,300 amid recession fears. #Update #Crypto $ETH