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Three altcoins — ENA, BIO, and API3 — posted strong accumulation in mid-August. Each rally was fueled by unique catalysts like buybacks, staking, and exchange listings.
Billionaire Peter Thiel's investment firms have generated substantial paper gains from ether's recent surge, betting on Ethereum becoming Wall Street's preferred blockchain platform for financial services.
TON has garnered significant institutional support with a $780 million treasury boost, including Verb Technology’s $713 million stake in Toncoin. Alongside this, the integration of TON staking into Ledger Live offers millions of users easy access to staking, fueling growing optimism for TON’s future as it positions itself for the next major crypto rally.
Bitcoin’s price struggles to hold above support levels as miners offload reserves and institutional ETF outflows rise. Continued selling pressure could push BTC to $107,000 unless new demand re-emerges.
- 11:08U.S. stock index futures have all turned lower, with the S&P 500, Nasdaq, and Dow Jones each down 0.1%.Jinse Finance reported that US stock index futures have all turned lower, with S&P 500 index futures down 0.1%, Nasdaq 100 index futures down 0.1%, and Dow Jones index futures down 0.1%.
- 11:02Peter Schiff: The opportunity to sell bitcoin at prices above $100,000 won't last longChainCatcher news, Peter Schiff posted on X stating that bitcoin is not being sold at a discount, but is actually overpriced. If you sell bitcoin now, you can buy all the physical assets that are currently being sold at a discount. As a long-term gold supporter and bitcoin critic, Peter Schiff has always maintained a negative attitude towards cryptocurrencies.
- 10:55Opinion: If Bitcoin falls below the "bull-bear dividing line" 50-week moving average, it may face a 60% declineChainCatcher News, according to analyst @ali_charts, if bitcoin falls below the "bull-bear dividing line" 50-week moving average, it signals the arrival of a bear market. This pattern has been confirmed by the price movements in 2011, 2014, 2018, and 2020. If the previous trend repeats, bitcoin will face a 60% drop, which means it could bottom out around $40,000.