Crypto News
Every Monday I wonder what each new week is going to bring.
Always something big is happening with crypto. As my recent disappointment with "Strategy". Another good example why trust should not be put with companies/corporations. We ride along or in the opposite direction but interest, not trust.
DYOR and have a good week with the latest crypto news.
Strategy Announces Nine-Digit Bitcoin Sale
https://u.today/strategy-announces-nine-digit-bitcoin-sale
Strategy just sold another 1,690 Bitcoin for $108.6 million.
Binance Traders Overtake Hyperliquid Investors by 4,750%
https://u.today/binance-traders-overtake-hyperliquid-investors-by-4750
Spot flows on the biggest exchange on the market are certainly dwarfing new-school's Hyperliquid.
Shiba Inu Nears 10 Trillion SHIB Threshold as Futures Activity Sees Sudden Reversal
https://u.today/shiba-inu-nears-10-trillion-shib-threshold-as-futures-activity-sees-sudden-reversal
Shiba Inu's futures market is moving closer to reaching a 10 trillion level as futures traders turn bullish again after multiple days of prolonged volatility.
Cardano Holds $0.2 Line Despite ETF Rejection: What's Next for ADA?
https://u.today/cardano-holds-02-line-despite-etf-rejection-whats-next-for-ada
The recent development represents a setback for Cardano's ETF narrative, but ADA's price reaction has been relatively contained.
Bitcoin (BTC) Is Back in 2018-2019
https://u.today/bitcoin-btc-is-back-in-2018-2019
Bitcoin's active addresses have made a return to a stage that many considered a norm back in 2018.
Crypto Whale Opens $14.3M XMR Long on Hyperliquid
https://u.today/crypto-whale-opens-143m-xmr-long-on-hyperliquid
A crypto whale has placed a $14.3 million leveraged bet that Monero (XMR) will rally toward $516, underscoring renewed bullish sentiment around the privacy-focused cryptocurrency despite its continued association with illicit fund flows.
Ripple Mints $10 Million RLUSD While XRP Whales Start Moving Funds
https://u.today/ripple-mints-10-million-rlusd-while-xrp-whales-start-moving-funds
While Tether pumps $1 billion into Tron retail channels, Ripple's strategic $10 million RLUSD injection signals a deeper corporate shift.
Shiba Inu (SHIB) Spikes Up: Price Looks to Get Above $0.000005
https://u.today/shiba-inu-shib-spikes-up-price-looks-to-get-above-0000005
Shiba Inu isn't giving up as price successfully bounces off of the local resistance level.
Veteran Trader Brandt Leans Bearish on Bitcoin's Next Move
https://u.today/veteran-trader-brandt-leans-bearish-on-bitcoins-next-move
Veteran trader Peter Brandt is leaning bearish on Bitcoin’s next move, pointing to a head-and-shoulders pattern.
Shiba Inu (SHIB), Solana (SOL), Hyperliquid (HYPE) and Binance Coin (BNB) Price Analysis for August 10: Can Bulls Establish Control?
https://u.today/shiba-inu-shib-solana-sol-hyperliquid-hype-and-binance-coin-bnb-price-analysis-for-august-10-can
The market is certainly far from being ready for a proper retrace, even though some assets show a bullish dynamic.
Top Economist: Bitcoin Not Safe Haven
https://u.today/top-economist-bitcoin-not-safe-haven
Robin Brooks has renewed his criticism of Bitcoin’s safe-haven credentials, arguing that its underperformance against precious metals during the so-called “debasement trade” shows it has failed to establish itself as a digital equivalent of gold.
Satoshi's Bitcoin Fortune Now Worth $71 Billion Amid Recent Selloff
https://u.today/satoshis-bitcoin-fortune-now-worth-71-billion-amid-recent-selloff
Bitcoin pseudonymous creator Satoshi Nakamoto's BTC Stash takes a hit as Bitcoin records a 48% drop from its peak.
Ripple's Ex Chief Engineer Slams New XRP Ledger Expansion Plan as 'Really Bad Idea'
https://u.today/ripples-ex-chief-engineer-slams-new-xrp-ledger-expansion-plan-as-really-bad-idea
The new XRP Ledger expansion amendment could destroy decentralization by forcing nodes to store heavy media files forever, warns Matt Hamilton.
XRPL Amendment Retirement: Ripple Engineer Says Users Will Not Be Affected
https://u.today/xrpl-amendment-retirement-ripple-engineer-says-users-will-not-be-affected
RippleX software engineer explains logic behind retiring XRP Ledger amendments.
Strategy Ready to Buy Bitcoin? Saylor Drops Fresh 'Doing Business' Teaser
https://u.today/strategy-ready-to-buy-bitcoin-saylor-drops-fresh-doing-business-teaser
Saylor triggers Bitcoin buying speculation with a fresh 'Doing Business' chart as Strategy balances a $4 billion cash hoard against a $9 billion paper loss.
XRP Already Meets Clarity Act Rules, Lawyer Says
https://u.today/xrp-already-meets-clarity-act-rules-lawyer-says
XRP may already meet the requirements to be classified as a digital commodity under the proposed CLARITY Act.
Zcash (ZEC) Breaks 9-Year Trend vs. Bitcoin (BTC): Why the Old Rules of Crypto Market Are 'Dead'
https://u.today/zcash-zec-breaks-9-year-trend-vs-bitcoin-btc-why-the-old-rules-of-crypto-market-are-dead
ZEC/BTC breakout past its 200-period SMA officially ends a 9-year capitulation trend and rewrites the crypto market playbook.
XRP Ledger Loses 90% of Volume, But This Drop Is Not Critical
https://u.today/xrp-ledger-loses-90-of-volume-but-this-drop-is-not-critical
XRP saw a substantial drop on the market, but the reality is that it might recovery way sooner than you think.
11-Year-Old Ethereum ICO Whale Makes First Move in 7 Years
https://u.today/11-year-old-ethereum-ico-whale-makes-first-move-in-7-years
An Ethereum ICO-era whale has resurfaced after seven years of inactivity, moving 3,510 MKR worth roughly $4.41 million to a new address.
Whales Pile Into XRP: 380 Million Coins Defend $1 Psychological Floor
https://u.today/whales-pile-into-xrp-380-million-coins-defend-1-psychological-floor
Whales absorb 380 million XRP to secure the $1 floor as a rare monthly signal with a 973% rally track record triggers a supply shift pending.
Image by Mohamed Hassan from Pixabay
Here are some of our favorite quotes to motivate you to not give up and keep up the good work!
"Success isn't always about greatness. It's about consistency. Consistent hard work leads to success. Greatness will come."
By Dwayne Johnson
"Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don't quit."
By Conrad Hilton
"Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, vision cleared, ambition inspired and success achieved."
By Helen Keller
"I've come to believe that each of us has a personal calling that's as unique as a fingerprint and that the best way to succeed is to discover what you love and then find a way to offer it to others in the form of service, working hard and also allowing the energy of the universe to lead you."
By Oprah Winfrey
"Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all."
By Dale Carnegie
Our journey here continues and we hope to find lots of new friends and interesting content and accounts on Steemit!
If you got up to this point, please receive some positive vibes and thoughts from us. Have a great day!
Copyright LifeTrail 2023
Divider by Rebecca Read from Pixabay
Upvoted! Thank you for supporting witness @jswit.