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newsbtc.com Brace For Crypto Market Waves: FTX And Celsius Are Sending MATIC, ETH, And WBTC To Binance

The crypto market might be about to experience a further downturn as a recent development suggests an imminent selloff is on the horizon. This comes following the recent market moves by Grayscale, which is believed to be responsible for the recent decline in Bitcoin’s price.  Celsius And FTX Crypto Funds On The Move On-chain data shows that defunct crypto lender Celsius Network recently transferred 34.08 million MATIC to the crypto exchange Binance. Meanwhile, a wallet address linked to Alameda Research, the sister company of defunct crypto exchange FTX, also recently sent 135 WBTC to Binance, 207 WBTC, and 1150 ETH to Wintermute. These transactions are more significant, considering that Celsius and FTX are in a bankruptcy liquidation process as they look to repay their customers. As such, transferring these funds to trading platforms like Binance suggests that these tokens could be dumped on the market soon enough.  Celsius, in particular, is known to have been making major moves in the market as of late. NewsBTC had recently reported how Celsisus had transferred $125 million worth of ETH last week to various crypto exchanges, something which could have possibly contributed to recent bloodbaths in the crypto market.  On the other hand, selloffs by Alameda could form part of FTX’s repayment plan, which it filed back in December 2023. This is a huge possibility, considering the defunct trading firm was used as a tool by Sam Bankman-Fried (SBF) to defraud FTX customers.  Total market cap chart from $1.58 trillion | Source: Crypto Total Market Cap on Tradingview.com Another Whale Contributing To Recent Market Downturn Grayscale is also believed to have contributed greatly to the recent downturn in the crypto market. The asset manager has had to offload some of its BTC holdings in a bid to fulfill redemptions from GBTC investors. These investors have been taking profits ever since GBTC was converted into a Spot Bitcoin ETF, with an outflow of over $2 billion from the fund since then.  Crypto analytics platform Arkham Intelligence recently revealed that Grayscale had sent out another 12,870 BTC from their wallets. That figure brought the total number of BTC that the asset manager has deposited into Coinbase to 47,900 BTC, which is said to be worth around $1.97 billion based on current prices. As noted by Arkham, these transactions likely represent redemptions of BTC shares. Interstingly, JP Morgan predicts that Grayscale’s GBTC could experience an outflow of up to $3 billion. If so, then the market could be in for more pain as the asset manager would have to offload more BTC to fulfill these redemptions.  Featured image from Toptal, chart from Tradingview.com

cryptobriefing.com Wolves host Blackburn, West Ham visits Burnley in Championship openers as crypto-sport ties deepen

The deepening crypto-sport ties in the Championship highlight evolving sponsorship strategies, yet broader adoption remains limited beyond top clubs. The post Wolves host Blackburn, West Ham visits Burnley in Championship openers as crypto-sport ties deepen appeared first on Crypto Briefing.

btcmanager.com SushiSwap integrates Orbs-powered dSLTP for decentralized stop-loss and take-profit orders

SushiSwap dSLTP integration adds decentralized stop-loss and take-profit orders powered by Orbs across four blockchain networks. SushiSwap has integrated dSLTP, an Orbs-powered protocol that enables decentralized stop-loss and take-profit orders within its trading interface. The launch gives users on Ethereum,…

cryptobriefing.com World Cup 2026 is driving a crypto fan-token frenzy, and today’s Japan vs Sweden match is the latest catalyst

The 2026 World Cup's crypto integration could redefine fan engagement and financial dynamics in sports, influencing future global events. The post World Cup 2026 is driving a crypto fan-token frenzy, and today’s Japan vs Sweden match is the latest catalyst appeared first on Crypto Briefing.

blockonomi.com Bitcoin Bear Market Bottom Could Hit $42,000–$44,000 by Late 2026, Miner Predicts

TLDR: Jiang Zhuoer forecasts a Bitcoin bear market bottom of $42,000–$44,000 in late 2026.  Strategy’s mNAV has fallen to 0.72, near its May 2022 low of 0.7 seen last cycle.  A six-month lag between mNAV and BTC bottoms supports a Q4 2026 price floor call.  Jiang’s mathematical model targets October 31, 2026, as the most [...] The post Bitcoin Bear Market Bottom Could Hit $42,000–$44,000 by Late 2026, Miner Predicts appeared first on Blockonomi.

cryptobriefing.com World Cup 2026 becomes crypto’s biggest stage as FIFA partner Kraken activates during Ecuador vs Germany clash

Crypto's integration into global sports via FIFA's partnership with Kraken could redefine mainstream acceptance and investment dynamics. The post World Cup 2026 becomes crypto’s biggest stage as FIFA partner Kraken activates during Ecuador vs Germany clash appeared first on Crypto Briefing.

cryptobriefing.com White House shields Zuckerberg and Pichai from Senate child safety hearing as crypto-linked sextortion scrutiny grows

The White House's intervention highlights the growing complexity of regulating tech giants amid increasing scrutiny of crypto-linked child exploitation. The post White House shields Zuckerberg and Pichai from Senate child safety hearing as crypto-linked sextortion scrutiny grows appeared first on Crypto Briefing.

cryptobriefing.com JPMorgan warns retail investors are pulling back on leveraged bets in tech, and crypto could feel it too

Retail investors' caution in leveraged tech bets may signal reduced speculative capital in crypto, impacting liquidity and volatility. The post JPMorgan warns retail investors are pulling back on leveraged bets in tech, and crypto could feel it too appeared first on Crypto Briefing.

blockonomi.com Alibaba Allegedly Deployed 25,000 Fake Accounts in Massive AI Theft Campaign Against Anthropic’s Claude

Anthropic reveals Alibaba allegedly executed the biggest AI distillation attack ever, using 25,000 fake accounts to steal Claude model's advanced capabilities. The post Alibaba Allegedly Deployed 25,000 Fake Accounts in Massive AI Theft Campaign Against Anthropic’s Claude appeared first on Blockonomi.

btcmanager.com Indonesia mandates certification for crypto influencers under new financial rules

Indonesia has introduced mandatory certification requirements for social media influencers who recommend cryptocurrencies and other digital financial assets, adding new compliance rules for online financial promotions. Indonesia’s Financial Services Authority has issued Financial Services Authority Regulation No. 6 of 2026,…

news.bitcoin.com Atlas Plans USAFi Launch With Nasdaq ETF Backing and VARA Approval

Atlas plans to launch USAFi, a regulated permissionless digital security backed by a Nasdaq-listed ETF, under Dubai’s VARA framework in Q3 2026. The project marks economist Nouriel Roubini’s first move into digital assets after years as one of crypto’s most prominent critics. Nouriel Roubini Backs USAFi Token Launch After Years of Crypto Criticism Nouriel Roubini, […]