Best crypto memes of the day – August 9th

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• US-based institutions actively accumulating bitcoin following BlackRock’s ETF bid, on-chain analyst says

  TL;DR Breakdown US-based institutions are actively accumulating Bitcoin following BlackRock’s ETF bid, according to on-chain analyst William Clemente. Heightened activity during US trading sessions, marginally higher Bitcoin prices on Coinbase, and surging CME futures open interest indicate increased US investor interest. Institutional adoption of Bitcoin continues to grow, with the potential approval of a Bitcoin ETF offering regulated exposure to the cryptocurrency market. Description In the wake of BlackRock’s application for a spot-based Bitcoin exchange-traded fund (ETF), US investors have been flocking to Bitcoin (BTC), according to on-chain analyst William Clemente. In an interview with BTC advocate Anthony Pompliano, Clemente presented three key pieces of evidence suggesting that US-based institutions have been actively accumulating the leading cryptocurrency. Heightened activity … Read more In the wake of BlackRock’s application for a spot-based Bitcoin exchange-traded fund (ETF), US investors have been flocking to Bitcoin (BTC), according to on-chain analyst William Clemente. In an interview with BTC advocate Anthony Pompliano, Clemente presented three key pieces of evidence suggesting that US-based institutions have been actively accumulating the leading cryptocurrency. Heightened activity points to US…

  Article 2023年7月11日

• FTX-listed altcoins surge due to Twitter and Elon Musk

  TL;DR Breakdown A new NCRI study reveals Elon Musk’s tweets significantly influenced FTX-listed altcoins, causing price spikes. Inauthentic Twitter activity, including bots, was used to manipulate FTX-listed token prices before the exchange’s collapse. The findings expose significant market manipulation and call for stricter regulations and transparency in the crypto market. Description The cryptocurrency market has never been short of drama, but the recent link between one of the world’s largest social media platform, now known as X Corp, and FTX’s altcoins goes beyond anything we’ve seen before. It’s a tale of tweets, bots, and influence, where a single online gesture from a billionaire entrepreneur can cause … Read more The cryptocurrency market has never been short of drama, but the recent link between one of the world’s largest social media platform, now known as X Corp, and FTX’s altcoins goes beyond anything we’ve seen before. It’s a tale of tweets, bots, and influence, where a single online gesture from a billionaire entrepreneur can cause a surge in the cryptocurrency market. Hold on to your digital hats; this one’s a rollercoaster….

  Article 2023年8月3日

• Swaprum rug pull: $3 million lost as investors reel from shocking DeFi scam

  TL;DR Breakdown Swaprum has suffered a rug pull, resulting in an approximately $3 million loss. The scammers behind the rug pull swiftly deleted all social media accounts and groups associated with the project. The scammers successfully bridged funds from Arbitrum to the Ethereum mainnet and laundered them through Tornado Cash. In a shocking turn of events, the decentralized exchange (DEX) platform Swaprum has become the latest victim of a ruthless rug pull, resulting in a staggering loss of approximately $3 million worth of funds. The project’s native token, SAPR, has plummeted by an alarming 100%, leaving investors in despair. The scam unfolding on the Arbitrum network has left Swaprum’s community in disarray. Adding to the turmoil, the perpetrators swiftly deleted all social media accounts and groups associated with the project, leaving investors with limited avenues for recourse or information. #PeckShieldAler #rugpull @Swaprum on #Arbitrum rugged ~$3M, $SAPR has dropped -100%. @Swaprum already deleted its social accounts/groups. The scammers have bridged ~1,628 $ETH to #Ethereum and laundered 1,620 $ETH to Tornado Cashhttps://t.co/tUNgbwGQCd pic.twitter.com/UH8V9RyFHy — PeckShieldAlert (@PeckShieldAlert) May 19, 2023 According to…

  Article 2023年5月20日

• Hashflow price analysis: Following a reemergence of bullish momentum, the price climbs to $0.459

  TL;DR Breakdown The price has returned to $0.459 level. Hashflow price analysis predicts bullish comeback. Support is still steady at $0.440. The most recent Hashflow price analysis indicates a notable bullish recovery with today’s further elevation. Following the significant correction on May 31, 2023, which triggered a strong downtrend, the price has exhibited a consistent recovery since yesterday. The bulls have efficiently maintained control, leading to regained momentum, resulting in the current price of $0.459. HFT/USD 1-day price chart: The price’s proximity to $0.460 suggests a renewed possibility of improvement The one-day analysis of Hashflow’s price suggests a rise in price, as indicated by the return of a bullish candlestick on the price chart. Two days ago, the cryptocurrency experienced significant bearish resistance, resulting in a substantial decline in price. However, today, the bulls are attempting to recover from the bearish shock. As a result, the price has climbed to $0.459, slightly surpassing the moving average (MA) level of $0.455. HFT/USD 1-day price chart. Source: Tradingview The diminishing volatility suggests a possibility of fewer price oscillations in the coming days. As…

  Article 2023年6月7日

• Simultaneous approval of all Ethereum ETFs on the horizon

  TL;DR Breakdown The U.S. Securities and Exchange Commission (SEC) is leaning towards approving multiple Ethereum ETF applications simultaneously. Unlike last year, the SEC hasn’t asked firms to withdraw their applications, hinting at a possible change in stance. Currently, 16 applications for Ethereum or combined Bitcoin-Ether futures ETFs await the SEC’s decision. Description The Ethereum ETF scene is on the brink of a revolution. The U.S. Securities and Exchange Commission (SEC), historically cautious and skeptical about the crypto world, seems to be shifting its stance. The wave of change hints that the agency might give the green light to a barrage of Ether futures exchange-traded fund (ETF) applications. … Read more The Ethereum ETF scene is on the brink of a revolution. The U.S. Securities and Exchange Commission (SEC), historically cautious and skeptical about the crypto world, seems to be shifting its stance. The wave of change hints that the agency might give the green light to a barrage of Ether futures exchange-traded fund (ETF) applications. The Flood of Applications: What Changed? Over the past several months, a barrage of applications…

  Article 2023年8月20日