#BTC/USDT ANALYSIS

BTC is retesting above the falling wedge after being rejected from the horizontal resistance and the Ichimoku cloud. MA 21 is acting as support.

A successful retest and a breakout of the horizontal resistance would be the bullish confirmation, while a failed retest would be a sign of correction in the market.

#USDT DOMINANCE ANALYSIS

The USDT.D is moving in a symmetrical triangle on the weekly timeframe. Currently, it is holding above the trendline and rejecting the MA 50.

The Ichimoku cloud is showing indecision. RSI is in the neutral zone. A sustained breakdown of the symmetrical triangle would be the downward trend confirmation, while a bounce may lead to further movement inside the triangle.

$SEI future on BitMEX is now trading at $0.58

If this is the price of $SEI after officially listing, the Market Cap of SeiNetwork
will be $1.04B!

bitmart.tech

Justin Sun: “I'm a advocate of Bitcoin, currently maintaining a substantial holding of 100k+ BTC.”

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One month ago Jim Cramer said Mark Zuckerberg killed Twitter.

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price decreased by 0.2% and added 0.6% in the last 7D
🔹 BakerySwap $BAKE grew by 31.1% and led the NFT Gainers Rank
🔹 Hifi Finance $MFT gained 30.4% and headed the DeFi Gainers Rank

THIS WEEK CRYPTO EVENTS RECAP

Presenting the most interesting and important crypto market events that took place this week.

https://twitter.com/txbit_io/status/1691048165804290048

Get your funds off txbit.

9 asset managers have filed for a spot #Bitcoin ETF

Total AUM: $15 TRILLION 🚀

TODAY’S ALTCOIN NEWS & UPDATES

Presenting the most interesting and important crypto market events that took place today.

TVL distribution among Base Ecosystem

Total Base Ecosystem TVL: $130M
1. BaseSwap TVL: $54.9M
2. Beefy TVL: $12.7M
3. SwapBased TVL: $12.3M

Bitget (BGB) is launching fiat deposits campaign

Promotion period will begin on August 18 and will last till October 30. Users can use one of the four payment options to buy crypto with fiat and share 250,000 BGB reward pool.

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POLYGON ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes in the Polygon Ecosystem occurred:
🔹 Market Cap decreased by $100M down to $12.4B.
🔹 BTU Protocol $BTU gained 33.4% and got 1st place in the Top-5 Weekly Price Gainers.
🔹 OpenOcean $OOE Trade Volume increased by 37.6% and headed the Weekly Trade Volume Gainers.

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