🔮👀 Bitwise CIO: #BTC could hit $100K-$200K or even higher – there's too much demand and not enough supply.

🔝 Top memecoins by number of holders across different blockchains

🤔 #ETH is trading at a 1,200x Price-to-Sales (PS) ratio

To put that in context, traditional markets typically see Price-to-Earnings (PE) ratios around 30x, which is similar to PS

But the question is should L1s be valued by this metric

📊 #ETH’s rally this week quickly pushed the percentage of addresses 'in the money' from 59% to 69%. Even more impressive, over 80% of ETH volume is now in profit, reflecting solid buying support at key levels.

😊🤝 #GRA GraFun partnered with DWF. x.com

🗽👀 #ETH #ETF President of The ETF Store: The BlackRock Ethereum ETF has surpassed $1 billion in total net asset value just two months after launch.
This amount puts BlackRock's fund in the top 20% of the more than 3,700 ETFs available in the US market.

🔓📝 Upcoming major releases next week:
#OP 2.5% ($58.9M) - September 30
#DYDX 1.32% ($8.8M) - October 1
#MAV 9.56% ($8.98M) - October 1
#SUI 2.4% ($104.6M) - October 1
#ZETA 13.43% ($40.97M) - October 1
#ENA 2.82% ($18.89M) - October 2
#DG 2.38% ($113.5M) - October 3
#IMX 2.02% ($57.8M) - October 4

📈👀 #BTC Historically, when Bitcoin closes September in the green, the final three months of the year have seen even bigger gains

📊👀 #BTC #ETF The launch of the US spot Bitcoin ETF was the most successful ETF launch in history.

📊 Santiment: If you're expecting a new #BTC all-time high, you may have to wait until the crowd slows down their own expectations. Currently, for every 1 bearish post, there are 1.8 bullish posts regarding BTC.
Historically markets are always moving in the opposite direction to the crowd's expectations.

🕵️‍♂️GSR deposited 310,000 #ZRO ($1.5 million) on Binance

📊 #BTC IntoTheBlock: 1% of Bitcoin’s supply is now locked in #DeFi, driven by growing demand for Bitcoin yield and Coinbase’s new Bitcoin-pegged token, #cbBTC

🕵️ DWF deposited 10 million #USDT in OpenEden

📈 #ETH hit $45M in weekly fees, the highest since June 10, 2024. While #BTC's 'digital gold' narrative captures more attention in traditional finance, Ether's growing network activity and price performance continue to impress.

🥳👀 #FTT FTX will set aside up to $230 million for shareholders, not creditors, from proceeds of seizure of public funds theblock.com

🍿⚖ #FTT Cointelegraph: Rumors that FTX will begin distributing refunds to creditors and customers on September 30, 2024 are false because the restitution plan has not yet been approved by the court. According to updated Chapter 11 filings, next court hearing to approve restructuring plan will take place on October 7, 2024. 

If the plan is approved, claimants with small claims under $50,000 could begin receiving payments by the end of 2024. Claimants with larger claims may not see payments until the first or second quarter of 2025.

🔎 Key TGE predictions in Q4/2024

🐳 #XRP Ripple whales have bought over 470 million XRP in the past 10 days

🥳👀 #TIA October Preview: Celestia Set to Unlock $1 Billion in Tokens with These Projects theblock.com

🎢 99% of #BTC will be mined by January 2, 2035. We’re currently at 94% with about 1.2 million supply left to be mined.