the UK can fly | IamToan on Binance Square

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the UK can fly

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Bullish

🚨LATEST: Supply $ETH on centralized exchanges (CEXs) like Binance .... has dropped to the lowest level in 9 years.

The last time this happened, ETH tripled from the current price -> BULLISH

#MarketPullback #BinanceAlphaAlert #AltcoinSeasonLoading #ETHStakingExitWatch

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Both US Stocks and Crypto Suddenly Tumble The Nasdaq closed down -1.46%, and the S&P500 lost -0.59%. The total crypto market capitalization fell by nearly 4% to below $3.9 trillion. BTC dropped below $113,000, while ETH fell to the $4,100 range. The "Fear & Greed" Index dropped to 44—"Fear"—marking its lowest level since late June. Experts believe investor sentiment is quite cautious ahead of a series of key events this week: 1 AM on August 21: The Fed will release the minutes from its July FOMC meeting. 9 PM on August 22: Fed Chairman Jerome Powell's speech at Jackson Hole. Meanwhile, President Trump continues to criticize and urge Powell to lower interest rates, while his administration has imposed a hefty 50% tariff on over 400 products containing aluminum or steel. #market

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#update -Wednesday Market Briefs - 20/08 BTC continues its drop to $113K, altcoins are falling sharply, and the market sentiment index has descended to 44 - a state of “fear” . President Trump continues to criticize and urge the Fed chairman to cut interest rates ahead of the Jackson Hole symposium . Early tomorrow morning (1 AM), the Fed will release the minutes from its July FOMC meeting. 📝 Spot ETF Session on 19/08 . BTC saw a negative flow of -$523.3M, with Fidelity selling -$246.9M along with 5 other parties. BlackRock held still. ETH had a negative flow of -$422.2M, with Fidelity selling -$156.3M along with 6 other parties, marking the 3rd consecutive negative session. SOL recorded no transactions. SEC Chairman Atkins stated that very few tokens are considered securities . US crypto industry leaders have formed the American Innovation Project (AIP) to lobby and educate policymakers about blockchain, AI, and digital assets . The state of Wyoming has launched FRNT—the first US stablecoin issued by a public entity, deployed on 7 blockchains . Bo Hines, a former White House Crypto Council Executive Director, has joined Tether as a Strategic Advisor for Digital Assets SoFi has become the first US bank to use the Bitcoin and Lightning Network for international transfers, starting in Mexico later this year . Bullish has completed its $1.15B IPO, becoming the first party in the US to settle an IPO entirely with stablecoins . 🏦 Institutional Holdings: Sharplink accumulated 143,593 ETH over the past week, bringing its total holdings to 740,760 $ETH (~$3.2B). Trump-backed company Thumzup will acquire DOGE mining company Dogehash in a $150M all-stock deal.

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