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Ethereum Traders Capitulate As Rally Slows Down: Why This Is Good.

On-chain data shows that Ethereum traders are capitulating following the slowdown of the rally, something that may turn out to be positive. Ethereum Traders Are Selling At A Loss Right Now According to data from the on-chain analytics firm Santiment, ETH investors are getting increasingly frustrated as they are now participating in significant loss-taking. origin »

SEC delays decision on seven spot Bitcoin ETFs, including Blackrock.

The U. S. Securities and Exchange Commission (SEC) postponed decisions regarding proposed rule changes related to spot Bitcoin ETFs on Aug. 31. The SEC’s latest notices push back decisions on proposed rule changes from Fidelity (Wise Origin), VanEck, WisdomTree, and Invesco, all of which intend to offer a spot Bitcoin ETF via Cboe BZX Exchange. origin »

Ethereum reclaims $1700 but struggles to hold on.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ETH’s recent pump waned and eased towardThe post Ethereum reclaims $1700 but struggles to hold on appeared first on AMBCrypto. origin »

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Bitcoin Freefall Alert: On-Chain Metrics Expose Vulnerability, Targets $23,000.

The recent decline in Bitcoin (BTC) has raised concerns among market participants as the largest cryptocurrency struggles to maintain its upward momentum.   With the loss of key moving averages and the $27,000 level, BTC’s sharp decline has been exacerbated by negative market sentiment and delays in the approval of spot Bitcoin Exchange-Traded Funds (ETFs) by the US Securities and Exchange Commission (SEC). origin »

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The Crypto Space Lost $361.7M In 31 Hacks This Summer.

The cryptocurrency industry has been hit by a wave of hacks this summer, with over $361 million lost in 31 hacks. DeFi projects remain the most vulnerable area, accounting for 84% of the hacks. Largest Hack: Multichain The largest hack of the summer was the $126 million theft from Multichain, a cross-chain bridge that allows […] origin »

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