๐ Sentiment: Target activity #BTC reached its highest level in 3.5 months in August. This increase in utility, combined with large losing trades and negative sentiment, is a strong indication that a short-term (at least) BTC price bounce is more likely.
๐โโ #WLD is integrated into Synthetix Perps. blog.synthetix.io
๐ X is looking for a financial data company to create an in-app trading hub - Semafor.
๐ง #WLD CertiK: A previously discovered security vulnerability in Worldcoin has been fixed. twitter.com
๐๐ CoinDesk: Traders are giving up #USDT on Curve, Uniswap, which leads to an imbalance in key exchange pools. Similar imbalances occurred when Terra exploded in May 2022.
The data shows that USDT balance rose to 62% in the Curve 3 pool, which consists of USDT, USDC and DAI stablecoins, while #USDC and #DAI accounted for approximately 19-19% of all assets in the pool.
The data shows that USDT balance rose to 62% in the Curve 3 pool, which consists of USDT, USDC and DAI stablecoins, while #USDC and #DAI accounted for approximately 19-19% of all assets in the pool.
CoinDesk
Traders Ditch USDT on Curve, Uniswap, Pushing Key Exchange Pools Into Imbalance
Similar imbalances happened when Terra imploded in May 2022 and after the Silicon Valley Bank crisis hit USDC issuer Circle in March.
๐ค CryptoAttack ๐ฌ๐ง
๐ฅณ๐ #COIN Coinbase Q2 revenue was $708M (expected $638M)
๐ #COIN Coinbase shares are up 9% post-market