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πŸš€ CryptoAttack is the fastest 24/7 crypto news aggregator. This is the English version, at the moment we work with auto-translator, so there might be some errors.

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πŸ“ŠπŸ₯³ Intotheblock: Last week there was a colossal net outflow of #BTC from exchanges in the amount of $1.7 billion, which was the largest amount in more than a year.

This indicates the accumulation of large whales during the recent economic downturn.
πŸ³πŸ‘€ #ETH Lookonchain: 30 minutes ago whale bought again 1,800 ETH ($4.7M)! Since May 24, this whale has amassed 37,800 ETH ($99M) at an average purchase price of $2,420 and currently has unrealized profits of $7.5M.
πŸŽπŸ‘€ #SUI SuiNS (Sui name service) released tokenomics #NS.
10% of the total supply of tokens will be allocated for airdrop.
πŸ‡ΊπŸ‡ΈπŸ•Ή The SEC has issued subpoenas to at least three cryptocurrency venture capital firms this year, according to a source familiar with the SEC investigation.
πŸ“ŠπŸ—£ #BTC Grayscale survey: Bitcoin's relevance is growing thanks to macroeconomic dynamics and its own maturity, and nearly half of voters (47%) now expect part of their investment portfolio to include the cryptocurrency (up from 40% at the end of last year).
πŸ—£πŸ‘€ CEO of GSR: #BTC will remain highly correlated with US equities until the end of the US elections.
πŸ₯³πŸ‘€ #XRP #ETH Ripple : We are pleased to announce that Ripple USD (#RLUSD) is now in private beta testing on the XRP Ledger and Ethereum mainnet. RLUSD has not yet received regulatory approval and is therefore not available for purchase or trading - please be careful with scammers. Twitter
πŸ™‹β€β™‚ #IOTX State of IoTeX in the second quarter of 2024

https://messari.io/report/state-of-iotex-q2-2024

#research
πŸ“Š Top 10 TVL lending protocols
πŸ—£πŸ‘€ #BTC Cardano CEO Charles Hoskinson: While Bitcoin's strategic reserve may be useful for price action, the US Treasury's control of 19% of BTC's supply raises unprecedented concerns about centralization.
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πŸ₯³πŸ‘€ IRS Updates Draft Cryptocurrency Reporting Form for US Taxpayers cointelegraph.com
πŸ₯³πŸ‘€ AI is a bad joke and investors aren't laughing cointelegraph.com
πŸ“Š Volatility that began on August 5th led to a massive influx of funds into CEX. Inflows may be related to transfers from external wallets, fiat deposits and trading activities.
CEO Binance called the positive flow amid market stress a sign of β€œstrong investor confidence.” cointelegraph
πŸ“Š #BTC #ETH #ETF QCP: There has been a fundamental shift in the liquidity profile of ETH relative to BTC. While BTC is increasingly integrated into mainstream macro capital markets, ETH is increasingly falling into the background. This development may have arisen due to the apparent lack of interest in spot ETH-ETFs relative to spot BTC-ETFs.
The bullish sentiment in BTC is significant and structured. There was consistent demand throughout the week for BTC call options expiring in 2025, with strikes closer to $100k.
πŸ“Š Pantera Capital transferred 12.95 million #1INCH ($3.52 million) to Coinbase Prime 7 hours ago.
On July 24th they started transferring 1INCH to Coinbase. They have so far listed 34.91 million #1INCH ($11.8 million) on the CEX at ~$0.338 over the last 17 days.
Pantera Capital still owns 69.69 million #1INCH ($19 million).