Ethereum Holders Shift Back to Bitcoin
Bitcoin pioneer @Excellion predicts Ethereum investors will rotate back to $BTC as $ETH approaches new highs, creating new bagholders amid a 21% weekly gain for Ether. #Update #Crypto $ETH
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Bitcoin pioneer @Excellion predicts Ethereum investors will rotate back to $BTC as $ETH approaches new highs, creating new bagholders amid a 21% weekly gain for Ether. #Update #Crypto $ETH
Alena Vranova, founder of SatoshiLabs, warns of rising wrench attacks on crypto holders, with kidnappings occurring weekly; over 80M identities leaked online heighten risks. #Update #Crypto $BTC
A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious transaction without verifying the contract address, underscoring the risks of digital asset scams. #Update #Crypto $USDT
Bitcoin ($BTC) nears $119,000 as traders anticipate a potential short squeeze, with predictions of reaching $120,000. A CME gap at $116,500 is also noted as a possible local low. #Update #Crypto $BTC
$ETH surges 24% this week to $4,330, breaking key resistance levels; analysts predict potential targets of $6,000 and even $20,000 within the year. #Update #Crypto $ETH
@Aave surpassed $60 billion in net deposits, but a phishing campaign targeting its users emerged via Google Ads, risking funds linked to compromised wallets. #Update #Crypto $AAVE
Bitcoin ($BTC) approaches $119,000, marking new August highs; traders anticipate a potential short squeeze that could liquidate $18B with a 10% price gain. CME gap at $116,500 noted as possible support. #Update #Crypto $BTC
@Unicoin’s CEO Alex Konanykhin claims US banks are continuing to debank crypto firms, citing “Operation ChokePoint 3.0,” despite political pressure for change. Trump plans an executive order to address this issue. #Update #Crypto $USDC
@Hyperliquid achieved a record $319 billion in trading volume for July, capturing 35% of blockchain revenue despite a brief outage. DeFi perpetual exchanges hit $487 billion collectively. #Update #DeFi $SOL
Michael Saylor remains focused on $BTC, noting its dominance at 60.18% and a rise in corporate holders from 60 to 160. $ETH trades at $4,224 amid growing institutional interest. #Update #Crypto $BTC $ETH
Vitalik Buterin is now an onchain billionaire with a portfolio valued at $1.04 billion after $ETH surpassed $4,000, trading at $4,244; traders predict a potential all-time high of $4,878 soon. #Update #Crypto $ETH
Traditional financial institutions are increasingly influencing the crypto sector, with billions flowing into Bitcoin ETFs, as banks prepare to launch stablecoins once regulatory clarity is achieved. #Update #Crypto $BTC
Traditional financial institutions are increasingly influencing the crypto sector, with billions flowing into Bitcoin ETFs and banks expected to launch stablecoins soon, raising concerns for small startups. #Update #Crypto $BTC
Bo Hines, Executive Director of the White House Crypto Council, resigns to return to the private sector while continuing to support the industry; successor likely Patrick Witt. #Update #Crypto