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The US Treasury is considering adding digital identity checks to DeFi smart contracts. This move is part of consultations on the GENIUS Act aimed at strengthening crypto compliance tools.
➡️Details: https://followin.io/en/feed/19389718
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Bitcoin set a new record this week, driving focus to altcoins. Cardano (ADA) rose nearly 20%, eyeing $1 if support at $0.92 holds. Arbitrum (ARB) slid after failing $0.55; a token unlock may add pressure, but holding $0.51 could spark recovery. Avalanche (AVAX) trades near $25; a Golden Cross could fuel gains, though losing $24.39 risks further drop.
➡️Details: https://followin.io/en/feed/19369078
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TRENDING TOPIC:
Firefly Report:
USELESS market cap hit $340M, leading the ecosystem. On-chain activity is strong, short-term volatility is higher, and sentiment stays hot.
Behind The Scenes:
After perpetuals launch, capital rotated, FOMO surged, focus on token rose, and big investors drive the market pace.
Trading Guide:
USELESS buy at 0.3203, SL 0.3059 hit; no re-entry, momentum weak—wait and watch. Aggressive short-term traders only; conservative avoid volatility. BONK sentiment very short, KOLs shorting; light shorts with SL advised. No strong catalysts; BONK failed key resistance, may test 99smma support; no long signal—wait.
#Followinvietnam #crypto
➡️More Details:
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Comments from AI:
Firefly Report: SOL has exceeded $210, with increasing volume and market FOMO, as Placeholder targets $420. On-chain activity and capital inflows are on the rise.
Behind The Scenes: Major investors are driving the market rhythm, with sentiment strong. Mainstream funds are moving towards SOL, while public opinion and high token valuations fuel volatility.
Trading Guide: It's optimal to trade rising waves now. Take incremental profits above $210 and consider buying if prices fall to $200-205. Withdraw timely during price increases and avoid going all-in at high levels.
#Followinvietnam #crypto
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Bitcoin dominance (BTC.D) hit a 7-month low at 59.3%, sparking altcoin season talks. Ray Youssef, CEO of NoOnes, claims altcoin season peaked, challenging current market analyses. Ethereum liquidity rise may signal an 'Ethereum Season,' not a broad altcoin rally, argues Cas Abbé. Analysts see potential in Solana and XRP. Institutional investments in major coins like Bitcoin and Ethereum may extend altcoin growth and keep speculative coins like DOGE and SHIB in the game.
➡️Details: https://followin.io/en/feed/19316348
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Bitcoin (BTC) struggles to break historical highs, trading near 120k USD, hinting at possible consolidation. Ethereum (ETH) shows resilience, attracting a record 1.01B USD in ETF inflows. BNB, LINK, and UNI exhibit mixed performances, with investors closely examining support and resistance levels. Caution is advised as market dynamics fluctuate, signaling potential shifts in trends. All trades carry risks and require careful analysis.
➡️Details: https://followin.io/en/feed/19292315
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People who held and bought more Ethereum at $1,300.
ssstwitter.com_1755052567937.mp43.37 MB
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Hot news
1. Ethereum Beats Mastercard: The Next Big Price Target Revealed
2. Ethereum Developer Reportedly Detained in Turkey — All We Know So Far
3. Bo Hines to Leave White House Crypto Post, Eyes Turn to Successor
4. Beeple’s NFT Stunt Fuels 25% Surge for Nakamigos — Troll or Market Play?
5. Vitalik Buterin’s Ethereum Holdings Top $1 Billion as Whales Fight For Limited ETH Supply
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Since August 2020, Strategy invested $46 billion to buy 628,791 Bitcoin, becoming the largest corporate holder. Their stock rose from under $15 to over $395, a 2,595% increase. The initial purchase of 21,454 BTC for $250 million marked a key capital strategy shift. Founder Michael Saylor's move transformed company fortunes, drawing market trust and inspiring others in the crypto sphere.
➡️Details: https://followin.io/en/feed/19270733
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$BMNR jumps 12%; $SBET up 8%; $Circle, $Robinhood, $Strategy rise 2%. $ZORA hits record at $0.12 amid Coinbase hype. LayerZero eyes $110M Stargate acquisition, phasing out $STG for $ZRO. Bitcoin dominance drops to 60.5% as altcoins gain. CME sees 88.4% chance of Fed rate cut. Crypto kidnapping concerns grow. Whale losses mount. JD enters Web3. Macro data and Bitcoin resistances signal market shift. Bulls and bears conflicted, cautious optimism prevails.
➡️Details: https://followin.io/en/feed/19268407
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ETH surges past $4,300, dragging the ecosystem up with it. Vitalik Buterin’s on-chain assets exceed $1B. Base tokens and LDO show strong gains; USDe market cap hits $10B. LINK rises 26% in a week, Altcoin market cap boosts over 11.94%, signaling the start of Altcoin season. Arthur Hayes sells significant crypto holdings, maintaining long ETH positions. Markets note a powerful ETH lead and strategic long-short defenses amid cautious sentiment.
➡️Details: https://followin.io/en/feed/19254559
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The SEC and Ripple Labs have ended their legal dispute, dropping appeals in the case concerning XRP sales. Announced Thursday, each will cover their own legal fees. Ripple had agreed to a $125 million penalty in June, with funds held in escrow to be transferred to the U.S. Treasury. The 2020 SEC lawsuit alleged Ripple illegally sold XRP as unregistered securities, but recent rulings favored Ripple, impacting future cryptocurrency regulation.
➡️Details: https://followin.io/en/feed/19211172
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Hot news
1. Bitcoin Regains Perch Above $115,000 as Crypto Markets Rebound
2. US DOJ could still pursue money laundering, sanctions charges against Roman Storm
3. Ethereum Transactions Near All-Time High Amid Surging Stablecoin, Uniswap Activity
4. Trollface Creator Says Crypto ‘Diminishes’ Art, Rules Out Legal Action on $200M Meme Coin
5. Coinbase to charge 0.1% fee for USDC to US dollar swaps over $5M
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Changpeng 'CZ' Zhao, ex-CEO of Binance, urged a Delaware bankruptcy court to dismiss FTX's lawsuit seeking $1.76 billion, claiming lack of US jurisdiction. FTX alleges improper fund transfers by FTX's Sam Bankman-Fried to Binance. Zhao argues his UAE residency and the transactions outside the US make Delaware unsuitable for the case. The outcome remains uncertain as both Cz and former Binance execs demand removal from the lawsuit.
➡️Details: https://followin.io/en/feed/19163568
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The Base network has resumed normal block production following a brief interruption. Data from blockchain explorers Base and OKLink confirmed the successful restoration on August 5, after block height halted at 33,792,704 for 27 minutes. Previously, a March 2024 incident caused transaction issues due to a Geth update error, which was swiftly resolved. Base's operations are now stable post this technical glitch.
➡️Details: https://followin.io/en/feed/19145725
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Ethereum ETFs saw a massive $465M outflow on Monday, led by BlackRock's ETHA dropping $375M. Fidelity's FETH lost $55.1M. Despite this, ETH rose 4% in 24 hours, showing bullish faith is unmoved. Bitcoin ETFs also faced challenges, with a $333M outflow, following a larger $812.25M loss last Friday. In July, Ethereum ETFs attracted $5.4B inflow. Despite recent downturns, total inflows reach $9.02B.
➡️Details: https://followin.io/en/feed/19143858
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Hot news
1. Revealing USDe: The Synthetic Dollar Stablecoin Taking Over DeFi
2. Tron network founder Justin Sun returns from space
3. The “Gap” in US Employment Data Triggers a Decline. Is Bitcoin Poised for Recovery?
4. Bitcoin Prints Cup and Handle Formation, Analysts Eye $123K Upside
5. Base’s Jesse Pollak Rallies Support to Back On-Chain Creator Coin Index
6. XRP Leads Market Gains, Bitcoin Nears $115K as Trump Tariffs Sour Bullish Crypto Mood
7. Ripple’s $15 Billion Valuation Fuels Bullish Case As XRP Nears Support Zone
8. Solana’s Anatoly Yakovenko Sparks Backlash with Anti-Community Remark
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Justin Sun, founder of Tron blockchain, has safely returned from a Blue Origin space mission. Accompanied by J.D. Russell, Gökhan Erdem, Arvi Bahal, Deborah Martorell, and Lionel Pitchford, the journey was part of the NS-34 mission. Sun previously bid $28 million for this spot in 2021. He expressed awe at Earth’s view from space, highlighting the Overview Effect and urging action to protect our planet.
➡️Details: https://followin.io/en/feed/19119142
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The Asia-Pacific Morning Summary reports challenges in the crypto market. Bitcoin fell nearly 4%, and some altcoins dropped over 15% after Fed Chair Powell's indecisive interest rate comments and disappointing U.S. job data. Ethereum also struggled, declining by 7.2%. Influencer Arthur Hayes predicted further crypto declines, citing slow global credit expansion. U.S. stock market reactions remain key to future crypto trends.
➡️Details: https://followin.io/en/feed/19118851
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