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QCP Market Update- 28th August
QCP Market Update- 28th August

QCP Capital·2024/08/28 14:57
Can Bitcoin get a green monthly close above $64.3K?
Can Bitcoin get a green monthly close above $64.3K?

Bitcoin’s summer illiquidity could carry on into September, but lower interest rates could kickstart the real bull market in early 2025, according to analysts.

Cointelegraph·2024/08/28 14:20
Bitcoin's price trend before and after previous U.S. elections consistent: analysts
Bitcoin's price trend before and after previous U.S. elections consistent: analysts

Around two or three months before the last three U.S. presidential elections, bitcoin’s price has posted a significant drop.However, historical patterns also show that the digital asset consistently rallied in the months after the elections.

The Block·2024/08/28 12:12
Opinion: Ethereum VC’s obsession with infrastructure is dragging down the entire industry
Opinion: Ethereum VC’s obsession with infrastructure is dragging down the entire industry

For founders, the bigger the fund, the less you should listen to them.

BlockBeats·2024/08/28 10:26
Flash
  • 05:55
    A smart money investor who opened a position in PEPE a week ago sold 1 trillion PEPE, earning approximately $3.53 million
    PANews, May 10th: According to on-chain analyst @ai_9684xtpa, the "smart money" that had positioned itself in PEPE a week ago and previously profited $14.26 million from buying low and selling high with WBTC, has once again made a profit of $3.53 million. In the past 14 hours, this smart money is suspected to have sold 1 trillion PEPE tokens (worth approximately $12.48 million), while the remaining 1 trillion tokens are still showing an unrealized gain of $3.52 million, with an average entry price of $0.00000895.
  • 05:54
    TRUMP Official: 3.5 Million TRUMP Deposited into CEX to Enhance Liquidity, Recently Unlocked Tokens Fully Locked
    PANews reported on May 10 that in response to the previous transfer of 3.5 million TRUMP tokens by an address associated with the TRUMP team to a CEX, the official TRUMP response stated that the transfer to the CEX was intended to enhance liquidity, helping to ensure that both parties in a transaction can obtain TRUMP. This liquidity is provided by the liquidity wallet from the initial issuance. The TRUMP team emphasized that all recently unlocked TRUMP tokens have been relocked, and there will be no transfers within the next 90 days. Previously, it was reported that an address associated with the $TRUMP team transferred 3.5 million TRUMP tokens to a CEX in the past half hour.    
  • 05:54
    A certain whale address withdrew 1139 BTC from CEX in the past hour
    According to a report by Jinse Finance, monitored by The Data Nerd, a whale address starting with bc1q57 has withdrawn a total of 1,139 BTC (approximately $117.43 million) from CEX in the past hour. Currently, this address holds 2,616 BTC (approximately $269.5 million).
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