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πŸ₯³ #SOL #SKY Sky: The plan is to introduce Sky on the Solana network and distribute 2 million SKY every week as part of the incentive plan.
πŸ•΅οΈβ€β™‚οΈ Ethereum Foundation sold 300 #ETH (~$760,000) at an average price of $2,543.
🎁StarryNift launched #SNIFT brand.
πŸ’° #BTC MicroStrategy completes $1.01 billion offering of 0.625% convertible senior notes due 2028. source
πŸ’° Octra completed $4 million pre-seed funding round
πŸ“ŠπŸ‘€ #BTC has been in a drawdown for half a year. This is becoming a long stretch.

Most Bitcoin drawdowns last about 200 days or are much longer than a year.
πŸ“‰πŸ‘€ #ETH is trading at its lowest level against BTC in over 40 months

While #ETF flows for #BTC have been largely positive, ETH has experienced mostly outflows. This trend suggests institutional investors are favoring Bitcoin’s relative stability over ETH's higher risk, high-reward profile.
πŸ” Today's leaders #FIO #DEGEN  #QORPO
πŸ’°πŸ³ #BTC MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per Bitcoin. As of 9/19/2024, they hodl 252,220 BTC acquired for ~$9.9 billion at ~$39,266 per Bitcoin.
πŸ“ˆ #USDT supply on Arbitrum One has doubled since the beginning of the year
πŸ”ŽπŸŒ #RWA The latest CoinGecko study revealed that the US was most interested in RWA in 2024, accounting for 14.8% of global interest in the narrative. source

Indonesia and TΓΌrkiye followed, representing 10.1% and 8.0% of global interest, respectively.
πŸ•΅οΈ Arkham: Cumberland received 97 million #USDT from Tether in the last 20 minutes and began transferring them to CEX.
πŸ“ŠπŸ“ˆ #BTC-#ETF inflows have started increasing again, indicating a rekindled interest from institutional investors in accumulating Bitcoin.
πŸ” Top 10 Projects by 7D TVL Growth
πŸ“ˆπŸ‘€ #BTC The MVRV Momentum is a useful tool for gauging Bitcoin's trend direction. In late April, it signaled a shift to negative momentum.

Now, the indicator suggests a potential return to bullish territory β€” if the MVRV can close above its 90-day moving average.
πŸ”₯🀝 #APT Aptos Foundation partnered with the Ignition AI Accelerator backed by NVIDIA, Tribe and DISG to β€œstimulate AI startups in APAC and beyond.”
πŸ΄β€β˜ οΈπŸ‘€ BingX: Most user assets are securely stored in cold wallets, with $10 million already frozen. The BingX technical team is updating the wallet structure and addressing any residual risks associated with the incident. We have sufficient reserves to cover all possible losses.
πŸ€” #FTT #FTX Remember, FTX will re-distribute $16,000,000,000 to their creditors in Q4 2024. Thats in 2 weeks time.

Most of that liquidity will come back into crypto
πŸ” ~$180 million worth of #TRX transferred from an unknown wallet to JustLendDAO
🎒 Global M2 Liquidity breaks All Time High $96 trillion

#BTC will follow like a liquidity sponge
2024/10/01 17:39:58
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