Crypto Bulletpoint #4 – Weekend Edition

All the Crypto and Blockchain news in one place, never stopping neither on Labor Day’s long weekend!


📉Market Movers 📈

  • Bitcoin and Crypto Market in general dropped during first hours of Saturday, seems the Labor day weekend will display more red than green…
  • Bitcoin Fear 😨 and Greed 😤Index on Saturday 30th was at 20 Extreme Fear
  • During the late hours of Saturday Bitcoin also lost the $38k line
  • ApeCon slide almost 40% in few days and more seems to come as sentiment over Otherside is cooling down
  • Multiple huge transactions were recorded in the previous 24 hours on XRP transfers on-chain tracker🔥
  • A High number of ETH whales 🐳 that hold huge positions on SHIB jumped also heavily into APE
  • 11 Month old meme coin BABYDOGE has now burned more than 45% of its total supply 🐾
  • ETH Whales are on fire as in the past 10 days they accumulated $407,415,040 💰
  • TRON accounts just reached 90M and TRX jumped 10% ✈️
  • CRO lost 15% today after Crypto. com announced cuts on their card reward programs

📰Today’s News📰

  • Privacy-focused MobileCoin MOB is now trading on Binance
  • Chinese DeFi platforms Rari Capital and Fei Protocol were reportedly hacked 💀earlier this week draining them for a total of $80M loss🤕
  • Stablecoin DEX Saddle Finance suffered a hacker attack on Saturday that led to a loss of $10M 🤧
  • Judge Analisa Torres has changed a planned timeline in the SEC v. Ripple lawsuit in an attempt to bring the matter to a close before the end of the year
  • BTC and SHIB are the most popular crypto in Europe, at least for a research made by AskGabmblers
  • ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs☄️
  • Solana has suffered seven hours of downtime on Sunday🔥
  • Yuga Labs hint to migrate from Ethereum after problematic mint that was actually the largest NFT mint in history that crashed Etherscan and had many issues 🥶
  • According to a Bitstamp study, the majority of institutional investors actively recommend crypto assets to their clients. 😇
  • The community’s request to ban bitcoin and crypto donations has been granted by the Wikimedia Foundation 🫡

👍Adoption👍🏾

  • With the launch of MSO LAB, McLaren 🏎 🏁Automotive embraces Ethereum and Web3. ⭐️
  • Slovenia 🇸🇮 is ascending the list of crypto-friendly countries, with 72 shops 🛍 and 33 sports venues accepting cryptocurrency payments 🧾

📢Opinions📢

  • Mexican billionaire and Bitcoin bull Ricardo Salinas BTC is better than gold as the price of Bitcoin is not as easily manipulable as that of gold ⭐️
  • Eric Schmidt, former chief executive of Google, sees more potential in Web3 than Crypto
  • 🥵Raoul Pal: “So there is a massive liquidation going on as people struggle with their portfolios because basically whatever position you’ve got, it’s wrong. And that’s the pain everyone’s gonna have to take for a while.”
  • 🤦‍♀️Warren Buffet and Charlie Munger attacked Bitcoin and crypto in general as in their opinion there is no usage, it produce nothing and it’s generally evil and stupid
  • And Warren Buffett added: I wouldn’t buy all Bitcoin in the world for $25, it has no value 🤧
  • 🔮Former BitMEX CEO Arthur Hayes predicts that Bitcoin will hit $1 million by 2030, while the European Union and the United States will sink


🖼NFTs🖼

  • Yuga Labs is expected to make over $3-400M 💸 from the sales of Otherside virtual lands 🏜
  • OpenSea Just announced it started to accepts ApeCoin for NFTs purchases 🐒🦍
  • Opensea Launched Otherside Saturday at 9pm ET and within few hours broke $310M
  • A petition from Minecraft’s developers against NFTs elements into gaming got around 70 signatures in the first week 🫤
  • Within 24hrs Otherside virtual lands sales granted to Yuga Labs $560M 🏞

🗺Metaverse🗺

  • A SerieA Football Match will be broadcasted for the first time in the Metaverse in the MENA region on Sunday

🛠Tools & Links

Another tool that it’s very handy for us to detect trends and see the market’s big picture is Crypto Bubbles, it let you visualize cryptocurrencies in an interactive bubble chart and make it easy to detect trends or get an overview of the cryptocurrency market at any time, also available at app stores

https://cryptobubbles.net

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