Linhly1993@

@linhly1993

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Former Celsius CEO Alex Mashinsky is seeking testimony from six witnesses in his criminal trial as he faces a potential 115-year prison sentence. Mashinsky, arrested last year for allegedly defrauding customers and misleading them about Celsius' profitability, has requested a New York district court to allow testimony from former employees, including the company's CFO and CRO. His lawyers argue that Mashinsky relied on his team and did not intend to harm anyone. The government's current position suggests a sentence of 115 years based on the Sentencing Guidelines. Celsius filed for bankruptcy in 2022, and in July 2023, the SEC sued the firm and Mashinsky for fraudulent activities and manipulating the price of its native token, CEL. Among the witnesses is former CRO Roni Cohen-Pavon, who has pleaded guilty to criminal charges and is said to have ignored Mashinsky's instructions regarding CEL transactions.

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Wu learned that UniSat announced that in order to enhance the overall platform experience, the official UniSat website will block the display of all BRC-20 token names containing 'unisat' or 'lorenzo' (in any combination of uppercase or lowercase letters). It is stated that this is a platform policy rather than a protocol rule. This means that although these token names are legitimate BRC-20 tokens on Fractal, the platform chooses not to display them in any products.

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Tron (TRX) has seen significant growth this year, with its market capitalization increasing and the number of long-term holders surging. Despite recent downtrends, TRX remains in a bullish trend, supported by a three-month uptrend and a Relative Strength Index (RSI) above the neutral line. The number of long-term holders has grown by 237% compared to last year, indicating strong investor confidence. Additionally, over 95% of TRX holders are currently holding at a profit, further reinforcing the positive sentiment around TRX's future price action.

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The English High Court has ruled that Tether's USDT stablecoin is legally recognized as property. This decision allows USDT to be subject to tracing and to be considered as trust property, similar to other forms of property.

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Wu learned that Uniswap's founder and CEO, Hayden Adams, responded on Twitter to rumors about Uniswap charging high protocol deployment fees. Previously, user @wagmiAlexander tweeted, implying that certain projects were asked to pay 20 million USD for an 'invalid Uniswap deployment.' In his response, Adams stated, 'I rarely respond to fork projects trying to attract attention, but it is necessary to clarify that this is completely false information. Uniswap Labs and the Uniswap Foundation have never charged for protocol deployment.'

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According to Foresight News, Standard Chartered Bank has officially launched digital asset custody services in the United Arab Emirates, as reported by FinanceFeeds. Initially supporting custody for Bitcoin and Ethereum, the service will expand its business scope in the coming months. This service has obtained approval from the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC). Brevan Howard Digital, the crypto and digital asset division of the UK hedge fund Brevan Howard, has become Standard Chartered Bank's first client in the region.

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SEC chief accountant Paul Munter stated that the agency's stance on a rule preventing banks from offering crypto custody services remains unchanged. This rule has been a point of contention, but the SEC's position is firm.

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Foresight News reports that the Bitfinex Alpha report shows Bitcoin dropped by 10.7% in the first week of September, continuing its downward trend since the end of August, falling below the key low of $56,711 on May 1. This sell-off has led to a reduction in leveraged positions, indicating that the market may be approaching a local bottom. The performance of the US stock market, especially the S&P 500 index, which recorded its worst weekly performance since March 2023 last week, is crucial for the short-term trend of Bitcoin. The correlation between Bitcoin prices and the traditional financial markets continues to exist. In the past week, significant outflows were seen in Bitcoin ETFs, with net outflows reaching $706.10 million since August 27. In contrast, small-cap markets have shown resilience.

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Pepe [PEPE] has resumed its downtrend after a brief bullish break, correlating closely with Bitcoin's [BTC] recent fall below $56k support. Network activity for PEPE has also declined significantly, with daily active addresses and new addresses down by 12.47% and 30.88% respectively. This trend is part of a longer-term decline in network health since May. Despite this, there is a potential buying opportunity if PEPE revisits its liquidity pool in the $0.00000588-$0.00000619 zone, which could lead to a trend reversal. However, the overall bearish sentiment driven by Bitcoin's performance may continue to influence PEPE's market dynamics.

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According to SoSoValue, as of September 6th (Eastern Time), Bitcoin spot ETFs experienced a total net outflow of $169.97M. Yesterday, Grayscale's ETF GBTC had a net outflow of $52.87M, bringing GBTC's total historical net outflow to $20.01B. Grayscale Bitcoin Mini Trust ETF BTC had a net outflow of $ 5.50M，bringing Grayscale Bitcoin Mini Trust ETF BTC's total historical net inflow to $333.97M. As of this writing, the total net asset value of Bitcoin spot ETFs stands at $48.24B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.62%. The historical cumulative net inflow has reached $16.89B.

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OneFootball Club

@onefootballclub

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Odaily Planet Daily News: According to Williams from the Federal Reserve, given the progress in reducing inflation and cooling the job market, it is appropriate for the Fed to cut interest rates now. The Fed has made "significant progress" in achieving the dual goals of maintaining price stability and full employment, and the risks of achieving these two goals are now in a "balanced" state. Williams expressed more confidence that inflation is steadily moving towards the central bank's 2% target, adding that the labor market is unlikely to be a source of future price pressures. Although Williams did not disclose the magnitude of the Fed's first rate cut, he stated that officials could shift policy towards neutrality. Over time, this depends on the evolution of data, prospects, and the risks of achieving our goals. (Jinshi)

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Ripple [XRP] is nearing a critical support level at $0.52 as it experiences a downturn in line with Bitcoin's recent market volatility, which has seen a 2% drop to $0.5494. Despite potential bearish trends, an analyst suggests Ripple could reach a $1 ceiling. The article discusses the influence of Bitcoin's volatility on Ripple, noting a decrease in XRP held on exchanges and a lack of significant price impact from this change. Additionally, despite rising open interest (OI) indicating potential bullish sentiment, Ripple's price has not shown corresponding increases, suggesting that broader market conditions and Bitcoin's performance continue to dominate XRP's price movements.

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Solana has experienced significant growth in its network activity, primarily driven by a surge in NFT trades on platforms like Magic Eden and Tensor. The blockchain's daily unique active wallets have increased by 111% to 2.49 million, and DApp volumes have risen by 87%, reaching $83 million in the last 24 hours. Despite this, the SOL token is facing challenges in its market performance, with indicators like the Chaikin Money Flow and MACD showing weak buying pressure and bearish trends. The token has been testing the support level at $129, with potential resistance at $142.

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According to HODL15 Capital's post on X platform, the Bitcoin network's hash rate has reached 717 EH/s, with the latest data hitting 760 EH/s, potentially setting a new all-time high.

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Kết bạn với nhau nhé

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Notcoin has seen a significant drop of 70% in its value since January, currently trading at $0.008488. Despite this decline, technical analysis indicates a potential short-term rebound, with key levels to watch at $0.00975 to $0.01018 and $0.0123 to $0.0129. However, fundamentals such as a decrease in Open Interest volume and reduced whale transactions suggest a lack of confidence among traders and investors, potentially limiting the rebound's strength.

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Bridge, a company founded by alumni from Square and Coinbase, has successfully raised $40 million in a funding round led by Sequoia and Ribbit. This recent fundraising brings the total amount raised for the stablecoin-based payments network to $58 million, according to a report.

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Stacks (STX) has seen a significant 17.88% increase in its price over the last week, currently trading at $1.74. This rise comes amid the broader crypto market's volatility, with Bitcoin dropping below $60k. The upcoming Nakamoto upgrade on August 28, which promises enhanced transaction speeds and reduced fees, is a key driver of STX's current performance. Market analysts, including Decilizer, predict a potential new all-time high for STX, targeting $2.78 if the market conditions remain favorable. Positive market sentiment is further supported by a bullish outlook from AMBCrypto and positive funding rates indicating strong demand for long positions.

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