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A whale who profited $13.6M on Hyperliquid is back with a massive 40x Bitcoin short worth $118.8M.Whale Returns With Massive BTC ShortEarly Gains: $1.1M Unrealized ProfitWhat It Means for the Market
More than 1,400 altcoins have gone inactive, signaling a cleanup in the crypto market and paving the way for stronger projects.Altcoin Cleanup: Over 1,400 Coins Are Now InactiveWhy So Many Altcoins FailedA Stronger Market May Be Ahead
Altcoin accumulation continues as markets stay calm. Summer chop offers ideal entry points before the next move.Liquidation Dips Present Prime Entry PointsAccumulation Phase Could Be Key Before Next Surge
SOL price is hovering near $148 just as its transaction count flips above price for the first time since 2020. With net outflows steady, SOPR under 1, and MACD signaling a reversal, the setup hints at a potential breakout from the falling wedge.
Capriole Funds founder Charles Edwards has declared that “Bitcoin is now made in America,” after new data revealed the U.S. now accounts for over 75% of global Bitcoin mining.
The Smarter Web Company PLC has deepened its commitment to Bitcoin with the acquisition of an additional 226.42 BTC, reinforcing its long-term strategy to position the asset at the core of its treasury model.
Ukraine has announced a sweeping new sanctions package aimed squarely at disrupting Russia’s use of cryptocurrencies to fund its ongoing war, President Volodymyr Zelenskyy confirmed on Sunday, intensifying Kyiv’s efforts to block digital channels allegedly fueling Moscow’s military.
Ethereum may soon introduce a cap on the amount of gas a single transaction can consume, under a new proposal co-authored by Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter.
- 15:54The total market capitalization of stablecoins has increased by 2.63% over the past 7 days, surpassing $283.4 billions.ChainCatcher News, according to DefiLlama data, the current total market capitalization of stablecoins across the entire network is reported at $283.493 billions, representing a 2.63% increase over the past 7 days, with USDT accounting for 59.12% of the market share.
- 15:13Bitget has launched the USDT-margined MITO perpetual contractForesight News reports that Bitget has launched the USDT-margined MITO perpetual contract, with leverage ranging from 1 to 50 times. Contract trading BOT will be opened simultaneously.
- 15:12Current mainstream CEX and DEX funding rates show continued market divergence, with bearish and neutral sentiments coexisting.BlockBeats News, August 30, according to Coinglass data, the current funding rates on major CEX and DEX platforms show continued market divergence, with both bearish and neutral sentiments coexisting. The specific funding rates for major cryptocurrencies are shown in the attached chart. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, usually applied to perpetual contracts. It is a capital exchange mechanism between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or profit of holding contracts, so that the contract price remains close to the price of the underlying asset. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.