Last Night’s Crypto Highlights — Catch up fast

This article is machine translated
Show original
🚨 Last Night’s Crypto Highlights — Catch up fast:👇

1⃣ $BTC & $ETH — Spiked then pulled back; alts dumped hard. Big long/short divergence, low alt liquidity. Stay safe!

2⃣ $PUMP comeback — Boosted by meme coin rallies: $CLIPPY (+$27M) & $SPARK (+$62M). Regained 70% launchpad market share.

3⃣ $UNI +8% intraday — Driven by the new “DUNA framework,” a DAO legal entity paving the way for protocol fees.

4⃣ $IP, $BONK treasury news — Token-stock linkage hits “peak hype,” but prices show reduced sensitivity to good news.

5⃣ Aave deposits near ¥100B milestone — Could surpass Deutsche Bank. $AAVE, $ENA, $PENDLE seen as coordinated in market strategy.

6⃣ Altcoin “good news risk” — $LISTA soared then crashed after proposal to burn 20% of supply in one go.

7⃣ BNC goes big on $BNB — Announces $160M purchase of 200K $BNB, becoming largest enterprise holder. Funded by 10X Capital & YZi Labs.

8⃣ Do Kwon update — Terraform Labs founder may plead guilty over $LUNA collapse. US court hearing set for Aug 12.

9⃣ IPO alert — Peter Thiel-backed Bullish to list Wednesday; target valuation raised to $4.82B.

🔟 Fear & Greed Index: 68 (yesterday 70, last week avg 60) — greed persists.

🔟1⃣ AI market brief:

— $BTC holding above $119K key support; risk of overextended rally & pullback as bulls/bears battle.

— $ETH remains strong with institutional buying; active inflows but short-term sentiment split.

— Market focus on ETH ecosystem & broad altcoin strength; macro supported by US stock gains & Sept rate cut expectations.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
4
Add to Favorites
1
Comments