Crypto Intel 🎯
@cryptointel
#Bitcoin, #Ethereum, and #Altcoins news, data and charts 🤖 ✏️ 💆 I never send anyone DM ⚠️
@bankofengland.bsky.social holds rates at 3.75% as prior tightening does the heavy lifting.
#Nasdaq is shifting the landscape for institutional crypto derivatives today, but the most profound structural change is happening quietly: autonomous AI agents are beginning to co-opt decentralised infrastructure for task execution. 🗞️ fintoolbox.app/briefings/20...
Ethereum's recent price surge to over $4,300 has reinstated @vitalik.ca as a billionaire, with his wallets holding approximately 240,042 ETH valued at around $1.04 billion, amid significant institutional demand driven by ETF inflows.
1️⃣ Bitcoin's price has dropped to a critical support level, trading just below $114,000, down 3.5% over the week. This decline follows weak U.S. jobs data, with only 73,000 jobs added in July, far below expectations. Tariffs announced by #Trump further rattled markets.
Economic growth below expectations, job growth too (the worst since Covid), inflation above expectations. Trump is still playing with tariffs, tourism slumped by 40% from the EU and 70% from Canada. Product boycott incl. Altseason is questionable, yes.
2️⃣ Ethereum led the charge with $2.12 billion in weekly inflows, nearly doubling its previous record. Meanwhile, Bitcoin attracted $2.2 billion. The US dominated inflows, contributing $4.36 billion, while altcoins like Solana and XRP also saw notable interest.
1️⃣ Grok has declined to assist crypto influencer Crypto Rover, citing past research by @zachxbt1.bsky.social that links him to risky tokens and rug pulls. Grok prioritises avoiding support for potentially fraudulent activities, highlighting the importance of user safety in crypto.
1️⃣ Jarett Dunn, a former developer at Pump.fun, is now in a London prison after breaching bail conditions related to a $2M crypto theft from the Solana meme coin platform. He initially pleaded guilty but sought to withdraw it, complicating his legal situation. bitcoinist.com/pump-fun-ex%...
Binance Japan has achieved ISO/IEC 27001 and 27701 certifications from the British Standards Institution, enhancing its cybersecurity and privacy framework. General Manager Takeshi Chino highlighted the firm's commitment to transparency and safety as it aims to be a trusted digital asset exchange.
Crypto markets faced significant turmoil as Bitcoin dropped below $104K, leading to over $600 million in liquidations, primarily from bullish futures positions. The largest liquidation was $12.25 million. Renewed trade tensions, particularly U.S. tariffs on China, contributed to market declines.
1️⃣ XRP Crash: Why Price Is Falling Today? The recent decline in XRP's price, which fell by 6.49%, alongside notable drops in Bitcoin (3.89%) and Ethereum (4.20%). Key points include ⬇️🧵
1️⃣ FCA Bans Crypto Purchases on Credit for UK Retail Investors 💳 The UK's Financial Conduct Authority (FCA) has proposed banning retail investors from using borrowed funds like credit cards and loans to buy cryptocurrencies. #Crypto #Regulation #FCA
📉 Bitcoin mood check: Fear's back at 34—down from last week's greed. Market cap climbing, BTC dominance at 61%. Seems caution is the word of the week. Hold tight or buying dips? #Bitcoin #CryptoMarket #FearAndGreedIndex
Market opening. BTC is holding relatively steady for this stock sell-off.
4️⃣ Other whales also face losses on recent $TRUMP trades. One investor sold TRUMP for a $207,000 loss after buying with $5 million in #USDC following Trump's social media post.
3️⃣ Earlier, the whale made $11.82 million on the first $TRUMP trade but lost $24.35 million on the second and $201,000 on the third, totaling $15.7 million in losses. Source: @lookonchain.bsky.social
1️⃣ Crypto Whale's Losses on TRUMP Scam Memecoin Surge to $15.7M 💸🐳 A crypto whale has incurred nearly $16 million in losses from TRUMP memecoin trades this month, according to blockchain tracker Lookonchain. #Crypto #TRUMP #Scam #Cryptoscam
📉 Crypto market sentiment has sharply shifted to "Fear" at 27, down from "Extreme Greed" (82) last week. Trading volume dropped 6.46% over 24h, despite market cap rising slightly by 1.20%. Bitcoin dominance stable at 58.4%. #CryptoMarket #Bitcoin #MarketSentiment
Today will be interesting, though not for the market, as it is not pricing in any rate cuts. The first one in 2025 is expected to occur in June...