#Bitcoin hodlers are not discouraged

#GalaxyDigital's #report also shows the importance of short-term bitcoin holders and how they did not stop believing in the digital currency, despite its recent drop from $28,900 to $26,500.

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#SUI raises price after subsidy announcement

The cryptocurrency is among those that had the most gains in the last seven days.

The SUI #token went from trading USD 0.47 to USD 0.61 during the last week, showing an increase of almost 30%. And, although it later fell to USD 0.59, it continues to stand out for its increase on a weekly basis.

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Market depth is a widely used measure of liquidity, commonly calculated across the order books of cryptocurrency pairs on centralized exchanges (#CEXes), according to #Kaiko.

It provides the amount of bids and asks at varying distances from the mid-price, encompassing a range from -0.1% to 10%.

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#Base is the fastest L2 to grow to 100,000 users. This milestone was reached just 56 days after launch.

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👋 Just 5.8% of #Bitcoin is currently sitting on exchanges, which is officially the lowest level #crypto's top market cap asset has seen since December 17, 2017.

We are also continuing to see reasonable amounts of $BTC whale transactions (57.4K per week).

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🐳 #Ethereum network has increased activity from large addresses during this dip below $1,650 and its highly volatile price conditions.

The amount of wallets with between $10 and $10,000 ETH rose again to 355,000, and transactions of more than $100,000 increased.

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STOCK MARKET RECAP

The #FOMC's meeting minutes showed that future interest rate hikes remain on the table, signaling continued uncertainty for the #US economy, according to #fidelity #news #marketstock.

Meanwhile, news from overseas indicated that China's economy continues...

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#Bitcoin fell 6.6% on the week, as described in detail above.

It has been a tough period for bitcoin, one that might have been predicted by the calendar alone.

But it hasn’t just been bitcoin that has had a tough time. Equities, despite their positive performance on the w...

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💧Current state of the market in our weekly overview

💰 Bitcoin Halving 2024:

The next #Bitcoin #halving is expected to take place in April 2024.

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On-chain analysts at Santiment used a model to evaluate the #MVRV (Market Value to Realized Value) ratio for altcoins, and identified three tokens in the opportunity zone. On-chain intelligence tracker, Santiment, defines the opportunity zone as “buy points” for investors.

#Bounce (#AUCTION), #Linear (#LINA) and #Serum (#SRM) are the three assets that pose an opportunity for traders, according to Santiment’s model, seen in the chart below.

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As per Messari's findings, #Binance Labs has taken the lead as the primary investor in 14 out of 17 cryptocurrency transactions during the past six months.

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Weekly Star Summary Of The Most Important Scientific Data For The Cryptocurrency Market Compilation - #Bitcoin #Cryptocurrency #Market #LiquidityRising #Shib #GiantUndefeated

Bitcoin Back On Blue Way; Growing Activity; Liquidity Rising; #Shib Showing Strong Signals; Giants Keep Racking Up; All Or Nothing For Halving; Giant Undefeated

Read the complete post here; https://www.publish0x.com/rubikkav/weekly-star-summary-of-the-most-important-scientific-data-fo-xgvykdm

Base is the fastest growing layer 2, having gained 1 million unique addresses in 11 days from its official mainnet launch, according to Coingecko.

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Bitcoin Volume and Volatility Have Trended Down According To NYDIG

Declining USD spot volume has been a trend we have noticed all year, and August is a continuation of that trend.

While the month isn’t over yet, August is on track for the weakest month yet of declining spot volume. And this is amidst a resurgence in price this year – bitcoin is still up nearly 57% year to date, even if it may be off the yearly highs.

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The aggregated open interest for Ether futures across exchanges dipped to $4.43 billion on August 27th, the lowest it has been since December 2022, according to theblock.co.

One of the main reasons for the drop-off is the bout of liquidations that hit the crypto futures mar...

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Cryptocurrencies To Watch This Week Ahead Of The Monthly Market Close

💹Bitcoin and Ethereum continue without any relative movement. Little liquidity, volume and bearish sentiment promise an upcoming price correction.

👀Digital assets such as Litecoin, Binance Coin, Optimism Network and among others, seek the average weekly price ratio in order to remain in definitive support.

Read the complete article here: https://www.publish0x.com/rubikkav/cryptocurrencies-to-watch-this-week-ahead-of-the-monthly-mar-xjdekry

Growing accumulation by #long-term #Bitcoin #holders and a record 40% of dormant supply for over three years, per #BitfinexAlpha, point to market optimism.

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Daily active addresses on Ripple rose by 8%, while activity on Bitcoin and Ethereum slipped by 6% and 3% respectively.

Meanwhile, Balancer experienced a 62% surge in activity as the DeFi protocol was exploited for 900k, while active addresses of Lido Staked ETH gained 162% ...

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Bitcoin appreciates approximately 5% after the decision of the supreme court of the United States to plead in favor of GrayScale and against the Securities and Exchange Commission (SEC).

According to court filings on Aug. 29 and as reported by CoinTelegraph, US Circuit Court of Appeals Judge Neomi Rao ordered Grayscale's petition for review to be granted and the SEC's order to be struck down. to deny GBTC's listing request.

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Summary Of The Most Surprising News That Happened During The Day In The Cryptocurrency Market

Market reacts to the Grayscale news and some cryptocurrencies see significant appreciation amid the positive euphoria.

x.com is aiming towards the implementation of cryptocurrency payments within the platform.

Scientific data and the latest stories keep Bitcoin a strong digital asset.

Read More Here: https://www.publish0x.com/rubikkav/summary-of-the-most-surprising-news-that-happened-during-the-xevyqwr