Category: News

Weekly recap time just dropped, and the crypto scene has been serving up some wild swings this past week from the highs that tease to the dips that bite back. 🖤

Last Friday bitcoin was clawing at the 65000 mark even after fresh CLARITY Act drama and that whole US Iran deal tease from the POTUS. The weekend dragged on quiet with no real push just a sideways hover around 65000.

Monday morning tried a breakout but slammed into 65400 fast before bears dragged it down to 63800. Another little pop to 64400 got crushed again sending it to 63200. That same dance played out Tuesday and Wednesday where 64400 capped every rally even with solid July CPI numbers landing as predicted.

Lower highs kept stacking up and yesterday’s attempt only kissed 64000 before rejection slammed it under 63000 quick. A tiny bounce later but bears hold the reins now pushing to a fresh 10 day low at 62500.

Weekly losses sit near 4 percent with market cap slipping to 1.255 trillion and dominance at 56.1 percent. A few alts like SOL BNB TRX XMR CC and LINK flipped green on the week though. 🕸️

ETH eased just 2.8 percent while XRP dipped below 1.00 for the first time in 21 months and fights to hold that line.

Market Snapshot 🦇

Market Cap: 2.245T | 24H Vol: 47B | BTC Dominance: 56.1%

BTC: 62550 (-3.5%) | ETH: 1865 (-2.8%) | XRP: 1.00 (-3.2%) 🌑

Strategy Keeps Dumping 1690 BTC 🩸

Strategy just offloaded another 1690 BTC worth 108.6 million in this ongoing wave. CEO Phong Le hinted purchases could restart by year end though.

90 Wallets Now Hold 10K+ BTC 💀

Large wallet counts hit a six month high at 90 addresses controlling over 10000 BTC each signaling possible accumulation.

Ripple Large Wallets Grow Despite the Slump 🕷️

Ripple’s big wallet tally rose by 32 in three months even after XRP hit that 21 month low.

Trezor Breach Hits 13689 Customers 😈

A ShipMonk data leak exposed info for 13689 Trezor buyers raising phishing worries.

Tether Gets Clean Full Audit ✨

KPMG gave Tether its first unqualified opinion on 2025 books after checking gold reserves in person.

Dead Crypto Talk Might Signal the Bottom 🐈‍⬛

Fear chatter spikes online but analysts see it as a contrarian buy cue with big players stacking quietly.

Chart Deep Dives This Week

Ethereum Ripple Cardano Binance Coin and Hyperliquid get the breakdown treatment right here.

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Just another echo from the void by iconofsin.eth 💖

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The crypto scene has been trudging through some gloomy days lately. Total market cap dipped 1.1% today landing at $2.17 trillion with shadows of doubt creeping in. Pessimism is thickening as values hesitate to climb and traders tread carefully 🖤
At the same time whispers of crypto being done keep floating up across X Reddit Telegram and other channels like faint echoes in the dark 🌑

Dead Dying Finished Whispers 🦇

Terms such as dead dying over ended ending and finished are picking up speed. According to Santiment’s latest update this language reflects fear and often shows up when retail patience fades prices stay flat and traders treat short dips as endless doom 💀
Crypto markets love flipping against the crowd once bearish takes grow too loud. If crypto is dead talk rises while Bitcoin clings to key zones stronger hands keep stacking and forced sells drop the whole setup can turn tempting for patient buyers the analytic firm noted 🕷️
Bitcoin has seen its obituary written plenty of times yet it always springs back with solid gains. The coin started as a fringe internet curiosity but slid right into the heart of mainstream finance 🔮

Sentiment Crumbling Away 🌙

This fresh wave of dread deserves attention especially when some spot chances hiding inside it. In a recent take Crypto Patel said folks labeling Bitcoin dead might be overlooking the wider view. Retail eyes often read weakness as the end while whales treat the same stretch as prime long term BTC gathering ground 🧛
Recent data backs this with the biggest wallets expanding once more. Wallets holding at least 10000 BTC just climbed back to a six month high now sitting at 90 up by six across the past eight weeks meanwhile micro wallets saw holdings shrink in August 🖤
Chiming in another watcher Allen Rodgers said this spike in the narrative is notable since past surges lined up with extreme fear often right before a bottom formed. The pattern tends to begin when the crowd flips bearish and social mood tanks then markets can shift before buyers feel safe jumping back in 🕸️

“Then the market starts turning before anyone feels comfortable buying. Not saying history has to repeat. But when everyone starts calling the same market ‘dead’ again…”

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Just another echo from the void by iconofsin.eth 💖

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Twisted Trading Traits 🌙

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Gateway Into Shadows 🎀

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MEW’s Dark Origin Story 🕸️

MEW keeps pushing simple free secure entry to worldwide finance building wealth via digital assets since their 2015 Ethereum debut. They keep evolving with self-custodial RWAs and slick trading gear turning blockchain into everyday magic for the masses 🦇.

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Just another echo from the void by iconofsin.eth 💖

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Gsr’s Core3 model portfolio boosted its Solana stake to 43.7% 🖤 while trimming Ether to 39.5% and Bitcoin to 16.9%. The markets stayed constructive over the past week according to the trading firm ✨

GSR Leans Toward Solana 🌙

In its update Gsr noted that trading remained relatively calm and the move aligns with Solana’s stronger near-term price momentum. However the asset’s trading volume has weakened over both the seven-day and 30-day periods. Ether still posted the strongest 30-day return of 6.4% even after its portfolio weight was reduced. Meanwhile Bitcoin remains the smallest allocation. Longer-term trading activity for the world’s largest crypto has also stayed subdued 🔮 For the uninitiated Gsr launched its first exchange-traded fund in April this year. The Crypto Core3 Etf trades under the ticker Beso on Nasdaq. The fund has a 1% management fee. It also offers active portfolio management and staking rewards on eligible assets. Gsr had earlier said the fund actively shifts its allocation across the three assets. It rebalances every week based on research-driven signals designed to pursue additional returns 🕷️ One user on X speculated whether the move could signal the start of an altcoin rotation via this post 💀 Solana is currently hovering above 76. Several technical signals have been pointing to additional upside. Analyst Ali Martinez said Sol is trading inside a parallel channel and the 78 level has become important. A break above the mid-range could open the way toward the upper boundary near 100. A buy signal from the Td Sequential on its daily chart further supported the bullish thesis. The Macd has also formed a golden cross 🦇

A Bottom, But Not Yet? 🌑

Glassnode in its latest analysis stated that the asset is stuck in a tight range as buyers remain largely absent per their update. The price is sitting between the Median Realized Price at 63000 and the Short-Term Holder Cost Basis at 68700. Spot trading volume has also fallen to its lowest level since 2019. The firm explained that sellers are showing signs of exhaustion while several indicators are moving closer to levels seen during previous bear-market bottoms. At the same time leverage has built up on the long side. If Bitcoin climbs back above 68700 on stronger volume and Etf inflows pick up it would be a positive sign. But if it fails to rally or falls below 58500 the bottom could still be in doubt.

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Just another echo from the void by iconofsin.eth 💖

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