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💦💦This Altcoin, Which Binance Signaled for Listing, First Pumped Greatly, Then Got Dumped! Here’s Everything We Know…💦💦
Sudden rises and falls are frequently experienced in the cryptocurrency market. While these rapid increases bring smiles to investors, sudden price declines can lead to significant losses. Recently, one of these movements occurred with the altcoin named MYX Finance (MYX), a non-custodial trading platform. MYX Finance showed an extraordinary value increase of 477% in just one day, rising its price to $2.09 and breaking a new record.
One of the most important factors in this sharp rise was MYX’s listing on major cryptocurrency exchanges like “Binance Alpha.” The listings facilitated the purchase of MYX and the increasing demand caused the price to rise rapidly.
Experts state that another reason for the price increase is a short squeeze. Despite many investors taking positions predicting that MYX would lose value, this assumption was proven wrong with the sudden rise.
However, this rapid climb didn’t last long. As the price increased, many investors started selling to realize their profits, which led to a significant correction in MYX.
Additionally, MYX’s Relative Strength Index (RSI) reached a very high level of 97.45, indicating an overbought region and intense speculation.
All these factors triggered a sudden drop in MYX's price, and the token fell below $1. Afterward, MYX recovered and is currently trading at around $1.8.
Dear friends, do not hesitate to provide your free support. I am trying to bring such news to you instantly. My only request is that if there are still those who do not follow me, I would be happy if you do. Don’t forget to like my articles and posts. Thank you.
Sudden rises and falls are frequently experienced in the cryptocurrency market. While these rapid increases bring smiles to investors, sudden price declines can lead to significant losses. Recently, one of these movements occurred with the altcoin named MYX Finance (MYX), a non-custodial trading platform. MYX Finance showed an extraordinary value increase of 477% in just one day, rising its price to $2.09 and breaking a new record.
One of the most important factors in this sharp rise was MYX’s listing on major cryptocurrency exchanges like “Binance Alpha.” The listings facilitated the purchase of MYX and the increasing demand caused the price to rise rapidly.
Experts state that another reason for the price increase is a short squeeze. Despite many investors taking positions predicting that MYX would lose value, this assumption was proven wrong with the sudden rise.
However, this rapid climb didn’t last long. As the price increased, many investors started selling to realize their profits, which led to a significant correction in MYX.
Additionally, MYX’s Relative Strength Index (RSI) reached a very high level of 97.45, indicating an overbought region and intense speculation.
All these factors triggered a sudden drop in MYX's price, and the token fell below $1. Afterward, MYX recovered and is currently trading at around $1.8.
Dear friends, do not hesitate to provide your free support. I am trying to bring such news to you instantly. My only request is that if there are still those who do not follow me, I would be happy if you do. Don’t forget to like my articles and posts. Thank you.
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👉👉Currently, Public Companies Are Increasing Their Investments in Solana (SOL), But There Is No Certainty Regarding Staking Returns👈👈
Three publicly traded companies aim to benefit from staking rewards by increasing their Solana (SOL) assets; this development shows a growing interest in this field among institutional firms.
Bit Mining aims to generate returns through staking by purchasing 27,191 SOL worth approximately 4.5 million dollars.
Upexi, on the other hand, increased its SOL balance from 735,692 to over 2 million tokens in July.
DeFi Development Corp also reached over 1.2 million Solana assets by adding another 110,466 SOL to its portfolio.
Institutional Firms' Approach to Solana
Public companies prefer to generate passive income by evaluating Solana assets through staking. This reflects a significant increase in institutional interest in blockchain and digital assets.
For example, Bit Mining and Upexi generate regular income by staking SOL tokens. According to Upexi's statement, they earn approximately 65,000 dollars daily with a return rate of around 8%.
Dear friends, do not hold back your free support. I am trying to bring such news to you instantly. My only request is that if there are any of you who still do not follow me, I would be happy if you could follow. Please do not forget to like my articles and posts. Thank you.
Three publicly traded companies aim to benefit from staking rewards by increasing their Solana (SOL) assets; this development shows a growing interest in this field among institutional firms.
Bit Mining aims to generate returns through staking by purchasing 27,191 SOL worth approximately 4.5 million dollars.
Upexi, on the other hand, increased its SOL balance from 735,692 to over 2 million tokens in July.
DeFi Development Corp also reached over 1.2 million Solana assets by adding another 110,466 SOL to its portfolio.
Institutional Firms' Approach to Solana
Public companies prefer to generate passive income by evaluating Solana assets through staking. This reflects a significant increase in institutional interest in blockchain and digital assets.
For example, Bit Mining and Upexi generate regular income by staking SOL tokens. According to Upexi's statement, they earn approximately 65,000 dollars daily with a return rate of around 8%.
Dear friends, do not hold back your free support. I am trying to bring such news to you instantly. My only request is that if there are any of you who still do not follow me, I would be happy if you could follow. Please do not forget to like my articles and posts. Thank you.
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💥💥Tension Continues Below $115.7K Resistance in Bitcoin: Correction in Altcoins and Potential Volatility Likelihood💥💥
The cryptocurrency market is at a critical threshold. Bitcoin continues to trade below the resistance level of $115,700, while altcoins are experiencing a pullback following a strong rally of around 60%. This situation indicates that market volatility may increase in the coming period.
The total market capitalization of altcoins has declined from a peak of $1.6 trillion to $1.44 trillion, signaling signs of fatigue.
If Bitcoin cannot break through the critical resistance of $119,000, it may face a sharp decline towards below $100,000.
Both Bitcoin and altcoins are fluctuating around significant technical levels; this increases the likelihood of sudden and strong price movements.
Activity in Altcoins
Altcoins attracted intense interest from retail investors, gaining around 60% in value between April and July. The recent decline is considered a healthy correction in the market. As prices pull back from the peak levels in mid-July, analysts point out that maintaining critical support points could create new buying opportunities.
Dear friends, please do not hold back your free support. I am trying to bring such news to you instantly. My only request is that if there are those who still do not follow me, I would be happy if they do. Do not hold back your likes on my articles and posts. Thank you.
The cryptocurrency market is at a critical threshold. Bitcoin continues to trade below the resistance level of $115,700, while altcoins are experiencing a pullback following a strong rally of around 60%. This situation indicates that market volatility may increase in the coming period.
The total market capitalization of altcoins has declined from a peak of $1.6 trillion to $1.44 trillion, signaling signs of fatigue.
If Bitcoin cannot break through the critical resistance of $119,000, it may face a sharp decline towards below $100,000.
Both Bitcoin and altcoins are fluctuating around significant technical levels; this increases the likelihood of sudden and strong price movements.
Activity in Altcoins
Altcoins attracted intense interest from retail investors, gaining around 60% in value between April and July. The recent decline is considered a healthy correction in the market. As prices pull back from the peak levels in mid-July, analysts point out that maintaining critical support points could create new buying opportunities.
Dear friends, please do not hold back your free support. I am trying to bring such news to you instantly. My only request is that if there are those who still do not follow me, I would be happy if they do. Do not hold back your likes on my articles and posts. Thank you.
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Stellar (XLM) Price Recovers from 2-Week Decline, Inflows Increase
Stellar (XLM) Recovers from Decline, Approaching Critical Resistance Level
Stellar (XLM) is showing signs of recovery after a two-week downtrend. Increasing investor interest is reflected in the rising Chaikin Money Flow (CMF) indicator. XLM is currently trying to break the resistance level at $0.424. If this resistance is broken, the price could move towards $0.445 and then $0.470.
However, if the $0.424 support cannot be maintained, the decline may continue. In such a case, it is likely that XLM will find support at $0.393 and $0.359.
Stellar (XLM) is showing signs of recovery after a two-week downtrend. Increasing investor interest is reflected in the rising Chaikin Money Flow (CMF) indicator. XLM is currently trying to break the resistance level at $0.424. If this resistance is broken, the price could move towards $0.445 and then $0.470.
However, if the $0.424 support cannot be maintained, the decline may continue. In such a case, it is likely that XLM will find support at $0.393 and $0.359.
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Ki Young Ju: Cryptocurrency Bear Markets Cancelled
Ki Young Ju: The Bear Market Disappeared Because Saylor Didn't Sell
Bitcoin is currently trading at around $113,800. However, the outlook for altcoins was not bright today. Global uncertainties, increasing risks, and Trump's political fluctuations are dampening investors' risk appetite. In the last 24 hours, BTC dropped to as low as $112,650.
So, what is the latest assessment of the famous on-chain analyst Ki Young Ju regarding these developments?
In the past, Ki Young Ju argued that the bear market had begun based on many indicators, but later he backtracked on this view and issued an apology last month. Why? Because new market dynamics, especially ETF approvals and institutional crypto treasury initiatives, have weakened the validity of conventional metrics. This means that while large whales are selling, bull runs can also occur in the markets.
Bitcoin is currently trading at around $113,800. However, the outlook for altcoins was not bright today. Global uncertainties, increasing risks, and Trump's political fluctuations are dampening investors' risk appetite. In the last 24 hours, BTC dropped to as low as $112,650.
So, what is the latest assessment of the famous on-chain analyst Ki Young Ju regarding these developments?
In the past, Ki Young Ju argued that the bear market had begun based on many indicators, but later he backtracked on this view and issued an apology last month. Why? Because new market dynamics, especially ETF approvals and institutional crypto treasury initiatives, have weakened the validity of conventional metrics. This means that while large whales are selling, bull runs can also occur in the markets.
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ZORA Price Is Rising But Downward Signals May Be a Trap for Late Buyers
ZORA Price Increased by 4%: But Technical Signals Require Caution
ZORA has gained 4% in the last 24 hours, accompanying the overall recovery in the cryptocurrency market. However, technical analysis and on-chain data do not provide clear signals regarding the sustainability of the rise.
Momentum Weakens: MACD Indicates Selling Pressure
In the daily chart of the ZORA/USD pair, the negative crossover in the MACD indicator is noteworthy. This structure, formed by the blue MACD line dropping below the orange signal line, is evaluated as a classic weakening momentum and a possible bearish signal.
ZORA has gained 4% in the last 24 hours, accompanying the overall recovery in the cryptocurrency market. However, technical analysis and on-chain data do not provide clear signals regarding the sustainability of the rise.
Momentum Weakens: MACD Indicates Selling Pressure
In the daily chart of the ZORA/USD pair, the negative crossover in the MACD indicator is noteworthy. This structure, formed by the blue MACD line dropping below the orange signal line, is evaluated as a classic weakening momentum and a possible bearish signal.
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Bitcoin at a Crossroads: RSI Indicates Pullback to $95,000 or Rise to $119,000
Bitcoin Price at Critical Thresholds: RSI Indicates Two Possible Scenarios
Bitcoin (BTC) is trading at around $113,500, while technical indicators suggest that the market is entering a critical period. In particular, signals from the RSI (Relative Strength Index) indicate that the price is caught between the possibility of a pullback to $95,000 or a rise to $119,000.
RSI Warns: Is a Correction Coming?
According to technical analyses, when the weekly RSI falls below the 14-period simple moving average (SMA), it has historically heralded 20-30% corrections in Bitcoin. A similar risk is on the agenda this time.
Bitcoin (BTC) is trading at around $113,500, while technical indicators suggest that the market is entering a critical period. In particular, signals from the RSI (Relative Strength Index) indicate that the price is caught between the possibility of a pullback to $95,000 or a rise to $119,000.
RSI Warns: Is a Correction Coming?
According to technical analyses, when the weekly RSI falls below the 14-period simple moving average (SMA), it has historically heralded 20-30% corrections in Bitcoin. A similar risk is on the agenda this time.
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Coinbase and Robinhood Expand Their Services with 8 New Altcoin Listings
New Altcoin Listings from Coinbase and Robinhood: Mixed Market Reaction
Leading cryptocurrency platforms Coinbase and Robinhood are expanding their product offerings with new altcoin listings. However, these steps have not had the expected positive impact on prices due to the general downward trend in the market.
Coinbase Offers Trading Support for 4 New Tokens
Coinbase announced that it has added Mamo (MAMO), Euler (EUL), Succinct (PROVE), and Towns Protocol (TOWNS) tokens to its platform.
Leading cryptocurrency platforms Coinbase and Robinhood are expanding their product offerings with new altcoin listings. However, these steps have not had the expected positive impact on prices due to the general downward trend in the market.
Coinbase Offers Trading Support for 4 New Tokens
Coinbase announced that it has added Mamo (MAMO), Euler (EUL), Succinct (PROVE), and Towns Protocol (TOWNS) tokens to its platform.
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A New Era in Ethereum Transaction Fees: EIP-7999 Proposal Detailed
A New Era in Transaction Fees on Ethereum: EIP-7999 Proposal on the Agenda
Ethereum developers have opened discussions on a new proposal named EIP-7999 to make transaction fees simpler and more user-friendly. This proposal, presented by Ethereum's founder Vitalik Buterin and developer Anders Elowsson, aims to transform the multi-layered structure of transaction fees on the network into a single fee model.
Single Fee, Fewer Errors
In the current system, users need to calculate separate fees for different resources (computation, storage, data transfer). With EIP-7999, users will only need to set a single 'maximum fee'. This simplified structure aims to speed up the process and reduce errors made during transactions.
Ethereum developers have opened discussions on a new proposal named EIP-7999 to make transaction fees simpler and more user-friendly. This proposal, presented by Ethereum's founder Vitalik Buterin and developer Anders Elowsson, aims to transform the multi-layered structure of transaction fees on the network into a single fee model.
Single Fee, Fewer Errors
In the current system, users need to calculate separate fees for different resources (computation, storage, data transfer). With EIP-7999, users will only need to set a single 'maximum fee'. This simplified structure aims to speed up the process and reduce errors made during transactions.
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The Eyes of the Cryptocurrency World Are on This $1.76 Billion Case: Binance Founder Zhao Takes Action
Changpeng Zhao Filed a Motion to Dismiss FTX's $1.76 Billion Lawsuit
Changpeng Zhao (CZ), the founder and former CEO of Binance, has filed a request with the court to dismiss the $1.76 billion compensation lawsuit initiated by the FTX bankruptcy board. In Zhao's defense, it was emphasized that his residency in the United Arab Emirates was not sufficient for the Delaware court to establish jurisdiction over him.
The Case is Based on the Share Buyback Agreement from 2021
Changpeng Zhao (CZ), the founder and former CEO of Binance, has filed a request with the court to dismiss the $1.76 billion compensation lawsuit initiated by the FTX bankruptcy board. In Zhao's defense, it was emphasized that his residency in the United Arab Emirates was not sufficient for the Delaware court to establish jurisdiction over him.
The Case is Based on the Share Buyback Agreement from 2021
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Did the altcoin season end before it started: The crypto market turned red
Altcoin Season Debates Continue: Why Are Solana, XRP, and Dogecoin Declining?
Although signs of an altcoin season are seen, recent price movements in some major projects have made investors cautious. Solana (SOL), XRP, and Dogecoin (DOGE) have experienced significant declines in the past week, raising questions about whether the market is really entering an altcoin season.
Bitcoin's Decline Changed the Pulse of the Market
Bitcoin (BTC) fell after hitting an all-time high of $123,100 on July 14. The leading cryptocurrency, which briefly fell to $112,044 on August 4, is trading at $113,839 at the time of publication.
Although signs of an altcoin season are seen, recent price movements in some major projects have made investors cautious. Solana (SOL), XRP, and Dogecoin (DOGE) have experienced significant declines in the past week, raising questions about whether the market is really entering an altcoin season.
Bitcoin's Decline Changed the Pulse of the Market
Bitcoin (BTC) fell after hitting an all-time high of $123,100 on July 14. The leading cryptocurrency, which briefly fell to $112,044 on August 4, is trading at $113,839 at the time of publication.
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2 billion dollar Ether treasury: SharpLink continues aggressive purchases
SharpLink’s ETH Holdings Approached 2 Billion Dollars: All Ethereums Are Staked
Digital asset investment company SharpLink continues its Ethereum accumulation strategy without slowing down. With the recent purchases, the company's total ETH holdings have reached 521,939, representing a value of approximately 1.91 billion dollars at current prices.
SharpLink purchased 83,562 ETH at an average price of 3,634 dollars between July 28 and August 3. This purchase, valued at 264.5 million dollars, significantly increased the amount of ETH on the company's balance sheet.
Digital asset investment company SharpLink continues its Ethereum accumulation strategy without slowing down. With the recent purchases, the company's total ETH holdings have reached 521,939, representing a value of approximately 1.91 billion dollars at current prices.
SharpLink purchased 83,562 ETH at an average price of 3,634 dollars between July 28 and August 3. This purchase, valued at 264.5 million dollars, significantly increased the amount of ETH on the company's balance sheet.
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Pendle Coin Technical Outlook and Commentary 06.08.2025
Strong Rise in PENDLE Price: Critical Resistances and Levels to Watch
PENDLE, which is among Ethereum-based projects, is attracting investors' attention with its impressive performance in recent times. Maintaining its upward trend since the lows, PENDLE stands out among the coins that have gained momentum again, especially with the end of the correction on the Ethereum (ETH) front.
Technically evaluated, PENDLE is progressing without breaking its structure. The token has successfully maintained its critical support at the $3.72 level and gained upward momentum again after realizing only limited liquidity purchases in this area.
PENDLE, which is among Ethereum-based projects, is attracting investors' attention with its impressive performance in recent times. Maintaining its upward trend since the lows, PENDLE stands out among the coins that have gained momentum again, especially with the end of the correction on the Ethereum (ETH) front.
Technically evaluated, PENDLE is progressing without breaking its structure. The token has successfully maintained its critical support at the $3.72 level and gained upward momentum again after realizing only limited liquidity purchases in this area.
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Delisting Decision from Binance Futures: Two Altcoins are Exiting Trades!
Binance Futures is Delisting DEFIUSDT and MEMEFIUSDT Futures.
Leading crypto derivatives platform Binance Futures has announced that it will remove (delist) the permanent futures contracts for DEFIUSDT and MEMEFIUSDT from the platform on August 11, 2025.
📅 Important Dates and Information:
According to Binance's official announcement:
New position opening processes will be halted on August 11, 2025, at 11:30 AM.
All open positions will be automatically closed and settled on August 11, 2025, at 12:00 PM.
Leading crypto derivatives platform Binance Futures has announced that it will remove (delist) the permanent futures contracts for DEFIUSDT and MEMEFIUSDT from the platform on August 11, 2025.
📅 Important Dates and Information:
According to Binance's official announcement:
New position opening processes will be halted on August 11, 2025, at 11:30 AM.
All open positions will be automatically closed and settled on August 11, 2025, at 12:00 PM.
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Ethereum has risen but there is no confidence: Why can't the ETH price surpass $3,800?
There is a bullish trend in Ethereum, but investors are cautious.
The price of Ethereum (ETH) has recovered by 9% from $3,355. However, especially due to ETF outflows, weak on-chain activity, and a lack of institutional demand, investors' confidence in bullish expectations remains limited.
What Do Derivative Data Say?
In ETH futures and the options market, the neutral to bearish trend still seems dominant. Spot ETF outflows are weakening investors' optimistic expectations that ETH will surpass the $3,800 level. Even if the price returns to $3,800 according to fundamental data, these dynamics hinder the sustainability of momentum.
The price of Ethereum (ETH) has recovered by 9% from $3,355. However, especially due to ETF outflows, weak on-chain activity, and a lack of institutional demand, investors' confidence in bullish expectations remains limited.
What Do Derivative Data Say?
In ETH futures and the options market, the neutral to bearish trend still seems dominant. Spot ETF outflows are weakening investors' optimistic expectations that ETH will surpass the $3,800 level. Even if the price returns to $3,800 according to fundamental data, these dynamics hinder the sustainability of momentum.
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Earthquake of 0.7 in Bitcoin: Whales Rush to Exchanges
Bitcoin whales transferred large amounts of BTC to exchanges for profit realization or position adjustment. The Exchange Whale Ratio indicator of the CryptoQuant platform rose to 0.7. However, the fact that long-term investors continue to hold approximately 67% of the total supply indicates that confidence in the market is being maintained.
Recently, large Bitcoin investors, that is, whales, transferred a significant portion of their BTC holdings to exchanges. This movement led to the Exchange Whale Ratio value of CryptoQuant reaching 0.7. This ratio indicates that whales are transferring large amounts of Bitcoin from their wallets to exchanges for profit taking or repositioning. On the other hand, the continued control of the majority of Bitcoin supply by long-term investors suggests that the market is undergoing a controlled rebalancing process away from a panic atmosphere.
Recently, large Bitcoin investors, that is, whales, transferred a significant portion of their BTC holdings to exchanges. This movement led to the Exchange Whale Ratio value of CryptoQuant reaching 0.7. This ratio indicates that whales are transferring large amounts of Bitcoin from their wallets to exchanges for profit taking or repositioning. On the other hand, the continued control of the majority of Bitcoin supply by long-term investors suggests that the market is undergoing a controlled rebalancing process away from a panic atmosphere.
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Could TRON Reach an All-Time High by the End of 2025?
TRON is performing strongly. This week, it stood out as the only coin among the top 20 cryptocurrencies that remained in the green. Large whale purchases and increasing on-chain activity are supporting the price. The TRX/BTC charts show a positive fractal structure reflecting previous upward movements. Long/short position ratios and momentum indicators also indicate that buyers are taking control.
Justin Sun's recent space journey has added extra excitement to TRON. If the main resistance levels are broken, TRON could see a new all-time high by Christmas 2024.
Justin Sun's recent space journey has added extra excitement to TRON. If the main resistance levels are broken, TRON could see a new all-time high by Christmas 2024.
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The Crypto Market is Talking About Litecoin: Technical and Fundamental Developments Drive the Price Up
The popular altcoin Litecoin (LTC) has gained over 11% in value in the last 24 hours, surpassing the $123 level, and is currently trading around $117.10. This rise is influenced by investors turning to major altcoins and expectations for spot ETF approval. Litecoin stands out as one of the coins with the highest weekly gains among the top 100 cryptocurrencies.
Hopes for a spot ETF approval for Litecoin are increasingly rising. The U.S. Securities and Exchange Commission (SEC) has postponed Grayscale's ETF application to October. Bloomberg analysts assess the likelihood of ETF approval at 90%. The probability of approval is strengthened due to the legal advantages provided by the classification of Litecoin as a commodity.
Hopes for a spot ETF approval for Litecoin are increasingly rising. The U.S. Securities and Exchange Commission (SEC) has postponed Grayscale's ETF application to October. Bloomberg analysts assess the likelihood of ETF approval at 90%. The probability of approval is strengthened due to the legal advantages provided by the classification of Litecoin as a commodity.
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1 Became 1100: Lucky Investor Becomes Dollar Millionaire Thanks to Little-Known Altcoin
Approximately three and a half months ago, an anonymous investor who invested 23 thousand dollars in the TROLL coin, developed on the Solana (SOL) network, achieved a massive gain of 110 times. This memecoin, designed for entertainment and community interaction inspired by internet troll culture, currently has a market value of over 100 million dollars.
According to Lookonchain data, the investor purchased 27.86 million TROLL coins. Despite making a small sale to cover costs during the initial rise, he still holds 26.5 million TROLL coins. Since the beginning of July, the coin's price has increased by 570%, bringing the value of the investor's portfolio to about 2.5 million dollars. The initial investment of 23 thousand dollars has thus gained 110 times in value.
According to Lookonchain data, the investor purchased 27.86 million TROLL coins. Despite making a small sale to cover costs during the initial rise, he still holds 26.5 million TROLL coins. Since the beginning of July, the coin's price has increased by 570%, bringing the value of the investor's portfolio to about 2.5 million dollars. The initial investment of 23 thousand dollars has thus gained 110 times in value.
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4-Month High BTC Sales Reduced Market Pressure, What’s Next for Bitcoin Price?
The price of Bitcoin continues to be under downward pressure at the $114,337 level. Broad market uncertainty and the tariff wars initiated by Trump are affecting this situation.
The supply of profitable assets has decreased to 92.5%, indicating a reduction in selling pressure on the market. This situation can be interpreted as a signal that a more neutral trend may begin in the market.
The price of Bitcoin may consolidate around $110,000 in the upcoming period. If it can break the resistance at $115,000, an increase towards the $117,261 level may occur.
The supply of profitable assets has decreased to 92.5%, indicating a reduction in selling pressure on the market. This situation can be interpreted as a signal that a more neutral trend may begin in the market.
The price of Bitcoin may consolidate around $110,000 in the upcoming period. If it can break the resistance at $115,000, an increase towards the $117,261 level may occur.
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Google has clarified its Play Store policy after facing backlash from cryptocurrency developers. The initial policy banned crypto wallets in the US and EU without federal licenses without any distinction between custodial and non-custodial wallets. The incident highlights the growing pains of integrating decentralized technologies into mainstream app ecosystems. The company's responsiveness to developer feedback demonstrates how Web2 platforms are adapting to accommodate the unique aspects of blockchain technology while balancing innovation.
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