ETH Rejects $4.2K But ETF Inflows Are Bullish

Key takeaways: If Ether price hits $4,350, over $1 billion in short (bearish) positions face liquidation risk. BitMine Immersion expanded holdings to $10.6 billion, targeting 5% of the total Ether supply. Ether ETFs saw $547 million in inflows, reinforcing institutional demand amid declining onchain activity. Ether (ETH) struggled to hold above $4,200 on Tuesday despite…

SOL Traders Buy The Dip, Again: Can Solana Reclaim $215?

Key takeaways:  SOL retail leveraged longs who entered Monday’s range high were partially flushed out on today’s sell-off to $205.  Despite the brief downturn, institutional investor-sized entities bought the SOL price dip.  The risk of a US government shutdown is the main culprit in the sell-off, but traders remain focused on the Oct. 10 SEC…

SOL Traders Buy The Dip, Again: Can Solana Reclaim $215?

Key takeaways:  SOL retail leveraged longs who entered Monday’s range high were partially flushed out on today’s sell-off to $205.  Despite the brief downturn, institutional investor-sized entities bought the SOL price dip.  The risk of a US government shutdown is the main culprit in the sell-off, but traders remain focused on the Oct. 10 SEC…

Chainlink Integrates with SWIFT to Let Funds Process Transactions Onchain

Blockchain oracle provider Chainlink announced one of the first products from a pilot with UBS Asset Management and Swift, the global financial messaging network, designed to let banks trigger onchain transactions using their existing infrastructure. According to a Tuesday announcement, Chainlink integrated its execution layer, the Chainlink Runtime Environment (CRE), with Swift messaging. The move…

ETH Rejects $4.2K But ETF Inflows Are Bullish

Key takeaways: If Ether price hits $4,350, over $1 billion in short (bearish) positions face liquidation risk. BitMine Immersion expanded holdings to $10.6 billion, targeting 5% of the total Ether supply. Ether ETFs saw $547 million in inflows, reinforcing institutional demand amid declining onchain activity. Ether (ETH) struggled to hold above $4,200 on Tuesday despite…

EU Watchdog Pushes for Stablecoin Ban: Report

A watchdog group established to respond to financial crises in the European Union reportedly pushed for a ban on multi-issuance stablecoins. According to a Tuesday Bloomberg report, the European Systemic Risk Board passed a recommendation last week to ban certain stablecoins issued jointly in the EU and other jurisdictions. The policy, while not legally binding,…

Pro Bitcoin Traders Hold Firm As BTC Bounces Off $112K

Key takeaways: Heightened Bitcoin put option premiums signal cautious trader sentiment. US job openings near five-year lows, increasing recession fears and potential economic slowdown risks. $518 million flowed into Bitcoin ETFs on Monday, while public companies keep accumulating, tightening available supply. Bitcoin (BTC) pro traders remain uneasy about holding downside risks despite recent gains to…

How Smart Traders Use AI to Track Whale Wallet Activity

Key takeaways: AI can process massive onchain data sets instantly, flagging transactions that surpass predefined thresholds. Connecting to a blockchain API allows real-time monitoring of high-value transactions to create a personalized whale feed. Clustering algorithms group wallets by behavioral patterns, highlighting accumulation, distribution or exchange activity. A phased AI strategy, from monitoring to automated execution,…

Is $170K Coming In Q4?

Key takeaways: Bitcoin aims to close September with a 4.5% gain, a setup that historically precedes strong Q4 rallies. Onchain data shows spot demand strengthening, led by US investors. Bitcoin (BTC) is on track to close September in positive territory, up 4.5% to about $113,100 on the final trading day of the month. Historically, a…

SUI Declines 3% as $144M Token Unlock Spurs Selloff

SUI, the native token of the Sui network, fell 3.3% over the past 24 hours, slipping from $3.32 to $3.21 as traders hit the sell button. The token broke through its $3.26 support late in the session, a move that confirmed downward momentum and brought the asset closer to the $3.20 psychological threshold, CoinDesk Research’s…