Bitcoin Normalized Address Activity Drops To 30%: Selling Pressure Eases

Bitcoin is trading at a critical level after successfully holding above $110,000 as support, but market sentiment remains on edge. The recent defense of this zone has given bulls a temporary cushion, yet selling pressure is mounting as volatility continues to drive uncertainty. Some analysts warn that further declines may follow if buyers fail to regain momentum, putting Bitcoin’s resilience to the test. Related Reading Top analyst Axel Adler highlights a key onchain signal that sheds light on the current market structure. According to Adler, Bitcoin’s Normalized Address Activity (NAA)…

Kanye West’s YZY Coin Triggers $74M Losses for 51K Traders

Key Notes High-profile traders, including Andrew Tate, faced major losses, while insider-linked wallets reportedly made millions with YZY meme coin. Blockchain analysis flagged recurring insider activity, with figures tied to previous scandals profiting from YZY’s launch. Celebrity-endorsed tokens launched over the past year have frequently experienced pump-and-dump schemes. Within a week of Kanye West launching his YZY meme coin on Solana SOL $214.0 24h volatility: 4.8% Market cap: $115.55 B Vol. 24h: $13.99 B blockchain, over 51,000 traders have lost a total of $74 million. This marks another pump-and-dump involving…

Bitcoin Hits $113K as Smarter Web Buys 45 BTC

Key Notes Smarter Web Company purchased 45 BTC at $111,758 each, adding to its 2,440 BTC holdings. The firm has achieved a staggering year-to-date BTC yield of 56,105%. Analysts call this the “most balanced” Bitcoin bull market, with sustainable growth over hype. Bitcoin BTC $112 938 24h volatility: 1.5% Market cap: $2.25 T Vol. 24h: $37.58 B surged past $113,000 on Wednesday after a 2.2% gain in the last 24 hours, continuing its steady climb in what analysts are calling the most sustainable bull market in the cryptocurrency’s history. Meanwhile,…

Litecoin’s Blockchain Maturity Is On The Rise – What This Means For LTC’s Price

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bearish sentiment continues to cloud the broader crypto market, and Litecoin appears to have taken a notable hit, forcing its price to retest key support levels. However, the waning price performance has failed to hinder Litecoin’s blockchain development, which is demonstrating a bullish trend. A Shift In Litecoin’s Blockchain Maturity Even though its price has fallen sharply in the past few days, the Litecoin blockchain is persistently proving its resilience. Joao Wedson, a verified author and Chief…

BitMart Pulls Application for Hong Kong VASP License

Crypto exchange BitMart withdrew its application for a virtual asset service provider license in Hong Kong. According to the list of virtual asset trading platforms maintained by the Hong Kong regulator, the Securities and Futures Commission (SFC), BitMart withdrew its application on Thursday. This followed similar decisions by other crypto trading platforms. Major crypto exchange Bybit applied last year but withdrew its application at the end of May 2024. Similarly, OKX withdrew its application at the end of May, as did Gate. List of applicants whose licence applications have been…

Ethereum ETF inflows surpass Bitcoin for a full week

For an entire week, Ethereum spot ETFs have attracted more money than Bitcoin ETFs, marking a clear shift in how investors are allocating funds.  Summary Ethereum ETFs attracted $1.83 billion from August 21 to 27, significantly surpassing Bitcoin ETFs, which brought in $171 million during the same period. Over the past month, Ethereum ETFs have seen approximately $3.7 billion in net inflows, while Bitcoin ETFs recorded net outflows of about $803.4 million. The recent ETF inflows align with Ethereum’s price gains, as ETH climbed to nearly $4,950 before settling around…

Ripple Expands RLUSD DeFi Utility With Aave Horizon Integration

Key Notes Ripple’s RLUSD has found a crucial role to play in the Aave Horizon Real World Asset (RWA) platform. The stablecoin would ensure that tokenized products are utilized as collateral. RLUSD’s market capitalization is currently pegged at $85.9 million on the XRP Ledger, per data from the XRP market. Ripple’s USD-pegged stablecoin RLUSD has secured a strong position in the Aave Horizon Real World Asset (RWA) platform, which was launched recently by Aave Labs. According to the published statement from the company, RLUSD is joining the project to enable…

Ethereum ETFs See 10x Inflows vs Bitcoin

Key Notes BlackRock’s Ethereum ETF (ETHA) led the inflows with $265.74 million on Wednesday alone, contributing to five consecutive days of inflows. Following yesterday’s inflows, spot Ether ETFs have seen $13.6 billion in inflows since launch. Investment advisers dominate Ether ETF holdings, investing $1.3 billion (539,000 ETH) in Q2, surging 68% from the previous quarter. Inflows into spot Ethereum ETFs have skyrocketed to a total of $1.83 billion during the last five trading sessions. As a result, the Ethereum ETH $4 560 24h volatility: 1.3% Market cap: $552.81 B Vol.…

Bitcoin Game Over!! 80% Crash Can Come If…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚀 Start trading here: 📊 For Free Webinar, Private Telegram Group Access & Free Algo Trading Software! 👉 Fill out this form: ***************************************************************** 🔧 Explore our Algo Software: *************************************************************** #Trading #Bitcoin #CryptoCrash About Pushkar Raj Thakur : Pushkar Raj Thakur is India’s Leading Educator & Business Coach. He is a Guinness World Record Holder for the Largest Financial Investment Lesson and the largest Social Media Marketing Lesson. With Millions of Followers on all major Social Media Platforms, he is known for his…

Can This Time Be Different?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin heads into the final days of August with choppy, two-way trade and a familiar seasonal question hanging over it: will September once again be a drag—or a reset into Q4 strength? As of Wednesday, August…