Day: September 13, 2023

Bitcoin Sentiment Now Close To Extreme Fear: Why This Matters

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Data shows the Bitcoin market sentiment has worsened recently and is approaching extreme fear territory. Bitcoin Fear & Greed Index Has Plunged Inside The Fear Region Recently The โ€œfear and greed indexโ€ is a Bitcoin indicator that tells us about the general sentiment among the investors in the Bitcoin and broader cryptocurrency market. This metric uses a numeric scale from zero to a hundred to represent this sentiment. When the index has a value greater than 54, the investors share greed. On the other hand, values under 46 imply the…

$2b of crypto assets wash traded on decentralized exchanges, report shows

Solidus Labs research finds $2 billion in deceptive wash trading activities across Ethereum-based decentralized exchanges.ย  Newly released data from Solidus Labs, a crypto trade surveillance and risk monitoring platform, indicates that a staggering $2 billion worth of crypto assets has been wash-traded on Ethereum-based decentralized exchanges (DEXs) since 2020. The report casts a spotlight on the pervasive but preventable issue of market manipulation in the world of decentralized finance (defi). ๐Ÿ“ข Major Update! Unveiling Part Two of our Crypto Market Manipulation Report! ๐Ÿšจ Our data shows a shocking $2 billion…

Institutional Investors Flee Ethereum Amid Plunge Toward $1,500

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Institution crypto investors have been pulling out of the market for the better part of this year, especially as the bear market has taken hold. However, Ethereum has suffered way more than other assets in this regard with outflows dragging total assets under management (AuM) down. This comes as Ethereum has struggled after falling below the $1,600 support. Institutional Investors Pull Out Of Ethereum In the latest iteration of its Digital Asset Fund Flows Weekly Report, alternative asset manager CoinShares has revealed a growing aversion from institutional investors toward Ethereum.…

Sam Bankman-Fried Remains Stuck in Jail

Originally, this newsletter was an analysis on whether or not Sam Bankman-Fried would be released from jail ahead of trial. A short while ago, Judge Lewis Kaplan, of the U.S. District Court for the Southern District of New York, ruled he wouldnโ€™t be. So this is now just that article, with some added stuff, basically. Source