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Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week
Unlocks increase the total available supply of a certain token but don’t necessarily hit the open market immediately.
Bitcoin Retail Inflows Hold Steady as Whales Pile In at Start of Historically Bullish October
Data from crypto exchanges OKX and Binance, popular with retail traders, show subdued activity relative to the bull markets of 2021 and 2022 and less even than the 2019-2020 bear market.
Bitcoin’s Bearish September May Be Its Best Since 2013 Ahead of Bullish October
BTC is close to ending September up 9%, its best since 2013, ahead of a seasonally bullish October.
Bitcoin Metrics Signal Weak Demand as BTC ETF Hype Slows: CryptoQuant
Apparent demand has slowed considerably since early April and even dipped into negative territory this month, the firm noted.
Ethereum ETFs Scored $49M Inflows as ETH Plunged
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals.
Solana Sees Arrival of Nomura, Brevan Howard-Affiliated Tokenization Firm Libre
Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.
XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined
Some traders consider the current price lull to be stemming from market participants remaining “on the sidelines” amid sales pressure from defunct exchange Mt. Gox and the German state of Saxony.
Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader
Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out.
Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges
On Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses.
Bitcoin Climbs Over $57K, With Some Saying Mt. Gox Sales Already ‘Priced In’
Markets have priced in Mt. Gox’s ongoing repayments and U.S. policies could now start influencing the market, one trading desk said.
