NammaCrypto ₿ நம்மகிரிப்டோ
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Tamilnadu Crypto News
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By @tamil_btc
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TODAY: #Sui has partnered with Alibaba Cloud to launch an AI-powered coding assistant for Sui Move developers.

▪️ Supports English, Chinese, and Korean
▪️ Designed to boost productivity and streamline development on Sui.
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🚨 MetaMask Update 🚨

MetaMask now supports one-click login with Google or Apple ID.

Create, restore, or access your wallet instantly
No seed phrase needed during setup
Smoother onboarding for new users

Web3 just got a lot more beginner-friendly.
#BTC #ETH Update

On-chain analyst Willy Woo reports that liquidity flows are shifting from Bitcoin to Ethereum.

Ethereum inflows have now surged to \$0.9B per day (silver), closing in on Bitcoin's daily inflows (orange).

This uptick in ETH demand began shortly after Tom Lee’s ETH treasury firm, BitMine, kicked off their accumulation.

Ethereum is clearly gaining momentum in the market.
Do You Know?

💡 Over 80% of NFTs have lost all value 🎨🔥
Millions jumped into NFTs, but the vast majority are now worthless. Many projects vanished, leaving hollow JPEGs as eerie relics. Still, a few survivors became cultural legends.

🎯 A digital gold rush,or digital graveyard?

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The world’s largest Bitcoin conference starts today in Hong Kong 🇭🇰

🥳
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#FallingWedge 📉➡️📈

• Forms between two falling trendlines
• Considered a bullish chart pattern 🚀
• Entry = breakout confirmation
• Stop Loss = below last swing low
• Target 🎯 = previous resistance zone

This setup shows how downward pressure often flips into a strong breakout.

Do you agree this is one of the strongest bullish patterns
👍 Yes
❤️ No
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@tamil_btc
🚨 BREAKING: Anthropic has confirmed that its AI chatbot Claude is being weaponized in large-scale cyberattacks.

Hackers are reportedly using Claude to plan and execute coordinated attacks, with ransom demands ranging from $75,000 to $500,000, paid in Bitcoin.

This raises serious concerns about AI safety, cybersecurity, and regulation as AI tools become more advanced.
Elon Musk is stacking Bitcoin like no one else.

Tesla and SpaceX combined now hold nearly 20,000 BTC, valued at $2.2 billion — making them the largest Bitcoin holders among tech firms.

For perspective:
▪️ Figma – 845 BTC
▪️ Mercado Libre – 570 BTC
▪️ Rumble – 211 BTC

Musk’s conviction in Bitcoin isn’t slowing down, this level of exposure puts him far ahead of his peers, reinforcing his long-term bet on the future of crypto.
📊 Market Update: Bitcoin Accumulation Rising

Bitcoin wallets are adding coins at the fastest pace since April. This level of accumulation often signals growing confidence and has historically preceded market growth.

⚠️ Note: While this trend supports a bullish outlook, it doesn’t mean an immediate price surge. Periods of sideways movement or corrections often follow heavy accumulation before the next leg up.

\#Bitcoin #BTC #CryptoMarket
JUST IN: Ark Invest, led by Cathie Wood, scooped up 339,113 shares of Tom Lee’s $ETH-focused treasury company BMNR on Aug 27.

This move signals Ark’s continued confidence in Ethereum’s long-term potential and the growing adoption of ETH as a strategic asset in corporate treasuries.
Bitcoin Mining Update

By 2035, 99% of all #BTC will already be mined, leaving less than 1% of the supply to be released in the decades after.

This scarcity combined with growing institutional demand and halving cycles could make every remaining satoshi even more valuable.

Supply is fixed. Demand keeps growing.
🚨 Goldman Sachs tops the list of institutional #Ethereum ETF holders with $721M in exposure.

Jane Street follows with $190M, and Millennium rounds out the top three at $186M, per the latest 13F filings.

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Nearly 30% of all #ETH is now staked.

Out of 121M ETH in supply, over 36M ETH is locked up and that’s before the Ethereum Staking #ETF gets the green light.

Supply keeps shrinking. Demand could get crazy.

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#Bitcoin trades below the $113.6k and $115.6k cost basis of the 1M and 3M cohorts. With short-term holders under water, rallies may face resistance as these investors seek to exit at breakeven.

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#ALTS MARKET CAP ANALYSIS

The ALTS market cap is rebounding from the support trendline of the ascending triangle pattern. The Ichimoku Cloud is acting as strong support, indicating strength. A confirmed breakout of the pattern could trigger a strong bullish rally across the altcoin market.
TLDR: CFTC Steps Up Crypto Game
The US Commodity Futures Trading Commission (CFTC) is adopting Nasdaq's advanced surveillance tech to tighten oversight on digital asset markets, alongside traditional derivatives, with real-time monitoring to catch fraud and ensure integrity.

Nasdaq Tech for Crypto Watch
This move equips the CFTC with cutting-edge tools for cross-market analytics, fraud detection, and 24/7 monitoring, as reported by The Block. It’s a significant upgrade to handle the wild west of crypto trading.

Broader Regulatory Push
The initiative aligns with the CFTC's ongoing efforts to expand jurisdiction over spot crypto markets, collaborating with the SEC to shape clearer US digital asset rules, reflecting a proactive regulatory stance.

Sentiment Analysis
Sentiment around this news leans cautiously positive. Posts on X highlight appreciation for enhanced market integrity, though some express wariness about overreach or stifling innovation. The balance between oversight and freedom remains a hot debate.
Ethereum max pain price $3,800, $3.19 billion notional value, put/call ratio 0.76 |

TLDR
Ethereum's max pain price is $3,800 with $3.19 billion in options expiring. The put/call ratio is 0.76, indicating slightly more call options.

Max Pain Price Analysis
The max pain price of $3,800 for Ethereum options means this is where the most options would expire worthless, causing maximum financial pain for option holders. This price point is significant for market movements around expiry dates.

Options Notional Value and Ratio
A notional value of $3.19 billion shows substantial market interest. The put/call ratio of 0.76 suggests a slightly bullish sentiment, with more calls than puts, potentially influencing price stability or upward movement.

Sentiment Analysis
The sentiment appears cautiously optimistic. The lower put/call ratio indicates confidence in Ethereum's price staying above $3,800, but the large notional value suggests potential for volatility as expiry approaches.