📈 Trading volume on the Ethereum network surpassed $320 billion in August, the highest since mid-2021. theblock

XEC analysis:

Price is trading in a downtrend channel and needs to hold above the $0.00001900 level; otherwise, we may see a continuation of the downfall. It’s better to wait for new entries above the $0.00002040 level.

Crypto Fear and Greed Index

Index Value : 44
Sentiment : Fear
BTC Price : $110187

Crypto Market Growth Insight

In the past 365 days, the total crypto market cap has grown by $1.91 Trillion.

This massive surge highlights the strength of investor confidence, institutional inflows, and the ongoing global adoption of digital assets. 🚀

👉 Stay tuned — momentum like this often signals the next big wave in the market.

🚨 NEW DATA ALERT 🗞️

💥 Ledger reports that 2.3M–3.7M $BTC is permanently lost.
That’s nearly 11% of the total Bitcoin supply gone forever! ⛔️

🔥 Scarcity just got real — fewer coins left for the future bull runs. 🟠

🚨 BIG SHIFT IN GLOBAL FINANCE 🚨

For the first time in nearly 30 years, foreign central banks are holding more Gold than US Treasuries.

A clear signal of changing trust in the global monetary system. 🌍

⚡ LATEST: Michael Saylor, co-founder & executive chairman of MicroStrategy, has officially entered Bloomberg’s Top 500 Billionaires Index.

His fortune is largely tied to #Bitcoin, cementing him as one of the wealthiest advocates of BTC worldwide.

BTC Update

Bitcoin is currently bouncing from the STH (Short-Term Holder) cost basis around $109K.

This level is acting as a key support zone to watch closely.

📊 #BTC Market Update

Over the past year, Bitcoin has largely traded within the green AVIV zone — the range between its mean price and the +1sd band.

This zone has served as the dominant trading corridor, with only short-lived breakouts into higher price bands.

🇩🇪 GERMANY FUMBLES $5B IN BITCOIN

After dumping $2.9B BTC in 2024, Arkham reveals Berlin still holds 45,000 BTC ($5B) from the old Movie2K case.
They sold the dip… and left a whale stash untouched.

🚨 Market Update

The U.S. Dollar Index ($DXY) just dropped to its lowest point since July.

This decline could bring increased volatility across global markets and crypto. Stay alert.

Major Token Unlocks Coming Up

📅 Sep 10
▪️ #BB: 6.67% unlock worth $3.57M

📅 Sep 11
▪️ #APT: 0.98% unlock worth $28.96M
▪️ #IO: 5.00% unlock worth $5.17M
▪️ #AGI: 1.78% unlock worth $1.46M

📅 Sep 12
▪️ #PEAQ: 7.28% unlock worth $4.94M

Stay alert, token unlocks can add volatility to the market.

Ethereum Layer 2 Network Kinto Announces Closure on September 30
Ethereum Layer 2 project Kinto announced that it will officially shut down on September 30. In July, the platform suffered a smart contract vulnerability, allowing hackers to forge 110,000 Kinto tokens and cash out approximately 577 ETH, causing the token price to plummet over 95%. Although the team later introduced the “Phoenix” reboot plan, added debts and blocked financing made continued operations unsustainable. Founder Ramón Recuero stated that he would use personal funds to compensate some users and promised to return 76% of principal to Phoenix borrowers, while remaining platform assets will also be used for compensation.

Kinto’s closure underscores the significant challenges that emerging Layer 2 projects face in terms of security and sustainability. A single smart contract exploit not only destroys project credibility but also makes subsequent financing and ecosystem rebuilding nearly impossible. While teams may attempt to salvage projects through reboot plans, once market trust is lost, it is difficult to restore. This incident serves as a reminder that beyond scalability narratives and liquidity incentives, security and risk management are critical to long-term survival