Altseason won’t start until more crypto ETFs launch: Bitfinex

Recent on-chain data indicates that all Bitcoin investor cohorts are now selling, signaling a shift in market sentiment. The Accumulation Trend Score has turned negative for all holders, suggesting a trend towards distribution.

Editor’s Note: This shift in Bitcoin's market behavior is significant as it reflects changing investor confidence and could impact future price movements. Understanding these trends helps investors make informed decisions.

Bitcoin experienced a swift reaction following President Trump's decision to remove Federal Reserve Governor Lisa D. Cook. Trump cited alleged false statements on mortgage applications as the reason for her dismissal. Cook has rejected this move and plans to fight it legally.

Editor’s Note: This situation is significant as it highlights tensions between the White House and the Federal Reserve, which could impact economic policies and market stability. Bitcoin's reaction may reflect investor sentiment regarding these developments.

Following the Federal Reserve Chair's speech at Jackson Hole, crypto liquidations have exceeded $900 million, indicating significant market volatility.

Editor’s Note: This surge in liquidations highlights the impact of central bank policies on the cryptocurrency market, reflecting investor reactions to economic signals and potential regulatory changes.

Gemini suggests that current crypto presales could lead to a significant bull run in 2025. Despite recent market cooling, this phase may indicate a buildup for future gains.

Editor’s Note: Understanding market cycles is crucial for investors. The current consolidation phase might be a sign of upcoming opportunities, making it an exciting time for those looking to invest in crypto.

Sharps Technology is launching a $400 million private offering aimed at acquiring the largest treasury of Solana, a prominent blockchain platform. This move is expected to significantly enhance their market position.

Editor’s Note: This investment is crucial as it highlights the growing interest in blockchain technologies and could lead to increased innovation and competition in the crypto space. It also reflects confidence in Solana's potential.