LensLinks: Issue 221

90% of Altcoin Holders in Unprecedented Losses, brought to you by Regiment LLC

Author

Len Pacek
August 25, 2023

Today in LensLinks:

  • Ethereum (ETH) is Most Actively Traded Crypto, New Study Suggests

  • DBS plants flag in metaverse through new adventure game

  • IntoTheBlock Data Shows 90% of Altcoin Holders in Unprecedented Losses While DeFi Tokens Hold Up Better

  • Bitcoin 'overconfidence reigns' but bulls must reclaim $27.8K

  • Ahsoka Tano skin is coming to Fortnite Chapter 4 Season 4, leaks all but confirm

  • 5 emerging digital entertainment trends to watch in the second half 2023

  • FTX files motion for Galaxy Digital to manage recovered crypto holdings

  • SEC, DOJ file charges against creator of little-known Blazar Token

  • 101: What Is Slippage in Crypto Trading How to Avoid It?

  • Singularity: AI is so hot even KFC and Williams-Sonoma execs are talking about it

  • And Much, Much, More…

#regimentco #ftx #ethereum $ahsoka

QUOTABLE

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“There’s a lot of exuberance, a lot of excitement with regard to the role AI will play in the economy going forward. Everybody wants to be in the space or they talk about being in the space.”

- StoneX chief market strategist Kathryn Rooney Vera

NOTABLE

Ethereum (ETH) is Most Actively Traded Crypto, New Study Suggests

A report suggests the large percentage of Ethereum held by active wallets shows the asset has lower liquidity risk than Bitcoin (BTC).

beincrypto.com/ethereum-lowest-liquidity-risk-chainalysis

Metaverse & Gaming

DBS plants flag in metaverse through new adventure game

The first iteration of BetterWorld will allow users here to earn in-game rewards that can be redeemed via QR codes. Read more at straitstimes.com.

www.straitstimes.com/business/dbs-plants-flag-in-the-metaverse-through-new-adventure-game

Blockchain, Tokens & DeFi

IntoTheBlock Data Shows 90% of Altcoin Holders in Unprecedented Losses While DeFi Tokens Hold Up Better

Data shows principal DeFi tokens have held up better than altcoins in the bear market, with MKR seeing the most significant price growth. The reputable crypto market intelligence firm IntoTheBlock recently weighed in on the state of the digital asset market. Its comment comes amid the ravaging bear trend in the past week.

thecryptobasic.com/2023/08/24/intotheblock-data-shows-90-of-altcoin-holders-in-unprecedented-losses-while-defi-tokens-hold-up-better

Crypto Trading

Bitcoin 'overconfidence reigns' but bulls must reclaim $27.8K — Trader

Bitcoin trader says bulls are "over-confident" as BTC price stays below key support.

cointelegraph.com/news/bitcoin-overconfidence-bulls-reclaim-27-8-k-trader

Metaverse & Gaming - a little more…

Ahsoka Tano skin is coming to Fortnite Chapter 4 Season 4, leaks all but confirm

According to the latest Fortnite Chapter 4 Season 4 leaks, Ahsoka Tano will be the next Star Wars character joining the metaverse.

www.sportskeeda.com/fortnite/rumor-ahsoka-tano-skin-coming-fortnite-chapter-4-season-4-leaks-confirm

5 emerging digital entertainment trends to watch in the second half 2023 | Luxury Lifestyle Magazine

From virtual travel to the Metaverse, we take a closer look at five emerging digital entertainment trends to watch in 2023 and beyond.

www.luxurylifestylemag.co.uk/gadgets/5-emerging-digital-entertainment-trends-to-watch-in-2023

Blockchain, Tokens & DeFi - a little more…

Google Bard Predicts Massive Rally for Meme Coins Dogecoin, Shiba Inu, and Pomerdoge

Google Bard Predicts Massive Rally for Meme Coins Dogecoin, Shiba Inu, and Pomerdoge - Fagen Wasanni Technologies

fagenwasanni.com/news/google-bard-predicts-massive-rally-for-meme-coins-dogecoin-shiba-inu-and-pomerdoge/241730

FTX files motion for Galaxy Digital to manage recovered crypto holdings

Bankrupt cryptocurrency exchange FTX has filed a motion to appoint Galaxy Digital to manage the potential sale and staking of recovered cryptocurrency holdings.

cointelegraph.com/news/ftx-files-for-galaxy-digital-to-manage-recovered-crypto-holdings

SEC, DOJ file charges against creator of little-known Blazar Token

The U.S. Securities and Exchange Commission (SEC) has filed charges against John DeSalvo, the creator of a minor cryptocurrency called Blazar Token.

cryptoslate.com/sec-sues-creator-of-little-known-blazar-token-doj-files-parallel-charges

Crypto Trading - a little more…

Binance's Latest Moves Prompt Another Sell-Off in the Crypto Market

In a twist of events that has taken the crypto world by storm, Binance, the colossal crypto exchange, announced that it is revising its much-vaunted

coinpedia.org/news/binances-latest-moves-prompt-another-sell-off-in-the-crypto-market

What Is Slippage in Crypto Trading How to Avoid It? - Bitcoinsensus

Discover how to tackle slippage in crypto trading. Learn causes, prevention strategies, and precision techniques for DEXs and CEXs.

www.bitcoinsensus.com/what-is-slippage-in-crypto-trading-how-to-avoid-it

Binance's zero-fee Bitcoin update could echo March downturn

The prominent Binance cryptocurrency exchange announced plans to alter its zero-fee Bitcoin trading approach, which could evoke a market downturn akin to the March scenario. The update, disclosed on August 24, will affect BTC/TUSD spot and margin trading.

cointelegraph.com/news/binance-s-zero-fee-bitcoin-update-could-echo-march-downturn

The Singularity:
AI, Quantum Computing, Robotics, Bio-engineering & Other Stuff on the way

AI is so hot even KFC and Williams-Sonoma execs are talking about it

America’s public companies are embracing artificial intelligence fever.

More than 1,000 companies mentioned the technology in their quarterly reports this summer, up from just 36 a decade ago, according to a Washington Post analysis.

http://www.washingtonpost.com/technology/2023/08/24/ai-corporate-hype

Amazon brings new AI-driven features to Thursday Night Football | TechCrunch

As Amazon’s Prime Video gears up for its second year as the exclusive rights holder to NFL’s Thursday Night Football (TNF), the streaming service hopes to Prime Video hopes to give TNF fans a more enhanced viewing experience with a slew of new AI-driven features.

techcrunch.com/2023/08/24/amazon-prime-video-ai-features-thursday-night-football

ESG (Environmental, Social & Governance)

BlackRock changes stance on ESG policies as decision on bitcoin ETF nears - CryptoSaurus

The world's leading money manager BlackRock has eased its support for shareholder resolutions that emphasize environmental, social and governance (ESG) factors.

cryptosaurus.tech/blackrock-changes-stance-on-esg-policies-as-decision-on-bitcoin-etf-nears

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.