AltSignals Blog

World Liberty Financial defends freezing hundreds of wallets including Tron’s Justin Sun, in an effort to shield users from phishing attacks. The move blacklisted 272 wallets, with around 215 linked to a phishing breach and 150 compromised via support channels. Despite speculations, onchain data show Sun’s transfers didn’t cause WLFI’s token decline, pointing instead to shorting and dumping of WLFI across various exchanges.

This article discusses the underrated importance of embracing and learning from mistakes in the world of web3 startups. Rather than focusing on cases of extreme success or failure, it emphasizes on the value of resilience, leadership, and transparency in navigating failures and leveraging them for sustainable growth. The piece also challenges traditional investment perspectives, suggesting a shift towards assessing founders’ ability to handle and rebound from setbacks in the constantly evolving blockchain environment.

Federal Reserve Chair Jerome Powell’s potential hint at rate cuts in his recent speech sparks a surge in the crypto market. Traders are anticipated to benefit as bitcoin and proxy stocks such as Strategy and Coinbase surge due to the revival of investors’ appetite for risk. Additionally, with Polymarket bettors now predicting higher odds of a quarter percentage rate cut in September, the crypto market is poised for growth.

Spot Bitcoin ETFs see a resurgence with a daily net flow of $332.7 million, signaling renewed institutional interest. Despite recent price volatility, investors are buying the dip with Bitcoin spot ETFs controlling a total capital of $109 billion. The market is influenced by macroeconomic factors such as potential Federal Reserve rate cuts. Explore how these dynamics could shape the future of Bitcoin ETFs.

Spot Bitcoin ETFs surpassed Ethereum ETFs in investment flows with a net inflow of $332.7 million led by Fidelity’s FBTC and BlackRock’s IBIT, according to SoSoValue data. In contrast, Ethereum ETFs saw an outflow of $135.3 million. This shift suggests investors may be capitalizing on Bitcoin’s perceived stability amid macroeconomic uncertainties. Ethereum, however, may sustain its outperformance into year-end due to its strong yield prospects and Digital Asset Treasuries growth.

The article examines the increasing search volume for ‘memecoin’ on Google and the implications of this trend in the crypto market. It assesses the change in retail interest, comparing it to January’s peak and current revived state. The article also explores the contrast in responses between search activity and Crypto Twitter, pointing to a healthier, more sustainable growth in the memecoin space. The article finally suggests that despite past failures, a more durable memecoin infrastructure now offers various strategies and opportunities to market participants.

Bitcoin traders were selling in anticipation of Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium, expecting a hawkish stance from the Fed Chair. The price discrepancy between top exchanges signaled strong US spot selling. The long-term bullish run of Bitcoin may not be over yet according to some analysts, despite a 10% fall from its all-time high. Future crypto prices may affect stock markets as well.

Uniswap’s UNI token hits a month low while its network’s volume reaches an all-time high and whales continue to accumulate tokens. Despite a price drop, Uniswap solidifies its position in the decentralized exchange industry with over $724 billion handled this year. The article provides a detailed analysis of the UNI price trends and predicts a potential price rebound.

Fourteen men, including 11 police officers and a former legislative assembly member, have been sentenced to life imprisonment in India for a 2018 crypto-related kidnapping case. The kidnappers extorted Bitcoin and cash from the victim through threats, with an anti-corruption court convicting them under the Indian Penal Code for their actions.