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Stellar price remains inside a bullish setup after its recent breakout, but record exchange balances and fading momentum hint that gains could take longer to arrive.
A $300 million crypto scam has left 1,200+ investors in Mexico and the US without funds, as authorities pursue suspects in a cross-border probe.
Quick Take A wallet linked to Ethereum Foundation has sold roughly 2,795 ETH, worth about $12.7 million, late Tuesday night, according to Lookonchain. Ethereum surged more than 7% in the past 24 hours to trade above $4,500 on Tuesday.
Chainlink jumped 10.5% to $24.2 following a strategic partnership with Intercontinental Exchange and hitting $93 billion in Total Value Secured. The rally positions LINK to potentially break five-month resistance at $25.
Ethereum rallied 6.31% to $4,515 following BitMine’s announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum’s total supply.
Grayscale debuts DeepBook and Walrus trusts, granting accredited investors direct exposure to foundational Sui blockchain tokens DEEP and WAL as both tokens post gains.
- 08:49During the Market Downturn, a Swing Whale Spends $83.96 Million Accumulating BTC and ETHAccording to a report by Jinse Finance, Lookonchain monitoring shows that during the market downturn, a swing trading whale spent 83.96 million USDC to purchase 10,000 ETH (approximately $43.43 million) and 350 BTC (approximately $40.53 million).
- 08:42Glassnode: Ethereum Faces Resistance at $4,700, Market May Be OverheatedAccording to a report by Jinse Finance, Glassnode data shows that the price of Ethereum has once again stalled at the $4,700 level (+1σ effective realized price), with the last breakout at this resistance level occurring in March 2024. This price point has repeatedly acted as resistance throughout historical cycles, indicating that the current market may be overheated and facing significant selling pressure.
- 08:27South Korea’s Financial Regulator to Submit Stablecoin Regulation Bill in OctoberAccording to ChainCatcher, citing Jinshi News, South Korea's financial regulatory authorities will submit a regulatory bill on stablecoins in October.