From: rubikkav.nft

The possibility that major #institutional #investors have completed their #BTC #accumulation #Bitcoin

$15.7K, the low created after institutions mass-bought, seems to be the lowest point in this cycle, and if 'Token Transferred' and 'Velocity speed' increase along with price...

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#Cardano, one of the largest altcoins in the crypto ecosystem and an alternative to #Ethereum, has entered the accumulation phase. Large wallet investors holding #ADA have continued scooping up the altcoin, despite its consistent price decline over the past four months.

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Hedera Hashgraph’s #HBAR token took the lead among major #cryptocurrencies on Monday with a gain of 15% over the last 24 hours, after the #US #FederalReserve ’s #FedNow added a Hedera Hashgraph-based micropayments platform, Dropp, as a service provider.

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The price of #Sandbox (#SAND), the #token of the metaverse and gaming platform of the same name, has maintained a downward trend in the last month, as it has done since the beginning of the year.

Its price fell 14.78% in the last 30 days. It went from $0.45 to $0.39 at press time. This depreciation was pushed by the approach of the unlock of SAND tokens that took place this morning.

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#BTC #correlation with #US equities and investment grade bonds prices (as proxied by iShares Core U.S. Aggregate Bond #ETF - AGG) has risen to 40% and 33% respectively in August.

The trend suggests that BTC is increasingly moving in tandem with traditional assets after being mostly uncorrelated to both equities and bonds this year.

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#DYDX swept relatively equal lows in early August and began a run toward July's highs.

The price is testing possible support near $2.2024, where last Friday saw accumulation and bulls rejected bears during the week of July 17th. This level also saw consolidation before the start of late July's move that ran stops.

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#ICX has drifted downward to sweep bulls' stops under the $0.2070 swing low since mid-July.

The price began consolidating after it swept this low. This action could have created support between $0.2069, where bulls rejected bears after the swing low's sweep, and $0.2098, at August 7th's daily candle's open when accumulation began.

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The short-term correlation between #Nasdaq tech #stocks and #Bitcoin has turned positive, indicating the two are moving more in step.

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From: rubikkav.nft

#Ethereum continues to be the preferred ecosystem for major #DeFi operators while the emerging ecosystems are more prone to active user #volatility as emerging ecosystems tend to be more opportunistic or narrative-driven.

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#YFII, #SNM and #SRM #tokens have losses that exceed 50% in less than 24 hours, according to #criptonoticias.

The crypto assets #DFIMoney (YFII), #Serum (SRM) and #SONM BEP-20 (SNM) are among those that depreciated the most today. In the last 24 hours they have had a fall of 16%, 25% and 51% respectively.

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The price of the #cryptocurrency #Filecoin (#FIL) has fallen almost 10% in the last week after a lawsuit was filed in court against Shenzhen Shikongyun Technology, a company that allegedly developed a pyramid scheme with the cryptoactive.

The digital currency went from being priced at USD 4.18 a week ago to USD 3.74, at the time of writing this article.

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Over short time frames (#correlation score in the table) #Bitcoin is running its own playbook. #news #report

#Stocks, #gold, #US$ #strength, #bonds, none of these affect the day-to-day moves of BTC.

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#EUR / #USD dropped below the 1.0900 figure, extending its losses below the 1.0880 area, a level last seen on August 14, slightly below the S1 pivot, which acted as support, as the EUR/USD sits at around the 1.0880s area. #news #forex

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The short-term detector cost base was once again tested with #Bitcoin price around $29.1k. Third time in 2023.

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Dont worry! Big capital are coming to the #cryptomarket #cryptomeme #meme #crypto

Follow more news here https://social.wubits.io/wubits/user/3c147bd3-8f06-4732-91d0-51faa30ab534

📈 Market Overview by #cryptorank

#Bitcoin price dropped below $29K support. The top-10 cryptos are traded in red zone:

#Dogecoin -4.03%
#Bitcoin-1.95%
#XRP -1.87%

Market capitalization: $1.25T (-1.56%)
The BTC dominance: 44.55% (-0.29%)
Fear & Greed Index: 50 (Neutral)

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August 18 Options Data

- 22k #BTC options are about to expire with a Put Call Ratio of 0.55, a max pain point of $29,500 and a notional value of $580 million.

- 144k ETH options are about to expire with a Put Call Ratio of 0.51, a max pain of $1,800 and a notional va...

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#InjectiveProtocol #INJ, #blockchain built for finance that claims to be the fastest among layer 1s, announced a new “2.0” tokenomics upgrade. The plan will “dramatically increase the amount of INJ burned weekly,” according to a blog post. #crypto #news

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#Largecaps (stocks with a market cap of roughly more than $10 billion, represented in the chart by the #SP500 Index) continue to outperform mid caps (stocks with a market cap roughly between $2 billion and $10 billion, represented in the chart by the S&P 400 MidCap Index) and...

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#Crypto #volatility has continued to slide in August as markets stagnate, according to #kaiko.

Even the news in mid-June that BlackRock was applying for a spot BTC ETF, the potential acceptance of which is seen as a massive catalyst unlocking new demand, did little to increa...

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