Shayan Chowdhury

CryptoQuant has revealed that Bitcoin $BTC MVRV ratio is standing within the 1.8-1.9 range, highlighting double value in comparison with the realized value.

The trial of Binance executive Tigran Gambaryan continued in Abuja on September 2, with Nigerian prosecutors arguing against his request for bail and minimizing his health issues. Lawyers for Nigeria's EFCC argued that Gambaryan was not in poor health, even though the government regulator's counsel submitted health records to the court showing he needed surgery.

The legal battle between Ripple and the SEC, ongoing for over three and a half years, is now approaching its final chapter. The Ripple v. SEC legal battle might be close to resolution as the court ordered Ripple to pay a $125 million fine, considerably less than the regulator initially demanded. Analysts believe that Ripple might soon repay this penalty in the coming days. However, the XRP community is unclear if the top regulator will appeal the August 7 partial victory as they have until October 6 to challenge the ruling.

Ripple investors are turning to crypto ETFSwap (ETFS), selling at $0.01831 for maximum gains after the recent 1 billion XRP unlock added more sell pressure on the Ripple token.

Ethereum Founation has transferred 1,000 $ETH worth $2.38M. It has made multiple transfers and conversions to $DAI in the past few days.

Ahead of the U.S. jobs report, Bitcoin (BTC) and the cryptocurrency market experienced a solid decline. Bitcoin's price fell to approximately $55,200 in the last 24 hours, marking a month low. Yet, following the release of positive job data, Bitcoin regained its momentum, now aiming for a potential bullish weekend. The addition of 142K jobs in the U.S. has brought hopes for a rate cut, triggering a surge in the crypto market cap.

Toncoin (TON) price moves downward while Polygon (MATIC) holders shift funds to DTX Exchange’s $2.4M presale after the POL 2.0 token migration failed to lift prices.

A Bitcoin whale transferred 1,000 BTC to Binance, incurring a $6.94M loss after previously withdrawing 2,322 BTC at higher prices.

Metalpha, a major player in the sector, withdrew 5,994 $ETH (approximately $14.07 million) from Lido, according to Lookonchain.

Cryptocurrency is transforming charity by enabling global, fee-free donations and appealing to younger donors through platforms like The Giving Block.