We provide real-time cryptocurrency investment updates around the clock from 10:00 p.m. UTC on Sunday through 3:00 p.m. UTC on Saturday. Between 3:00 p.m. UTC on Saturday and 10:00 p.m. UTC on Sunday, investment updates are limited to major market-moving developments. Note: Overseas economic breaking news remains available continuously on the CoinNess Live app and CoinNess web service. Source: Coinness

Tom Lee, chairman of Ethereum accumulation firm DAT Bitmine (BMNR), said the crypto market looks "really bullish" over the next 12 months, CoinDesk reported. Lee said much of the excessive leverage was flushed out in October last year and added that the crypto market’s four-year cycle is also expected to bottom next month. Source: Coinness

Crypto trader Killa said Bitcoin’s recent short-term rangebound trading and volatility reflect a pattern in which the market repeatedly liquidates long positions below prior lows. Killa said the purpose of the move is to reduce market leverage and gradually weaken long-position investors’ conviction in further upside. In that context, Killa outlined a scenario in which the market repeatedly breaks below lows, prompting investors to expect further declines each time, before the final low forms a local bottom and the price climbs back toward previous highs. Killa described the process as…

Bitcoin open interest fell by 13,600 BTC over the past 24 hours while price volatility remained limited during the same period, on-chain analyst Axel Adler Jr. said. Adler said the drop in OI without a decline in price indicates active leverage reduction in the market, and added that such deleveraging lowers the risk of cascading liquidations. Source: Coinness

Yi Lihua, founder of Chinese venture capital firm LD Capital, outlined three investment opportunities to watch over the next three years in a post on X. - BTC and ETH spot: Yi said the assets offer the potential for roughly fourfold returns, while active swing trading alongside spot holdings could target returns of up to 10 times. - Trading infrastructure: Yi said opportunities at the 100-fold level still remain, adding that trading is ultimately the core source of demand for blockchain. - On-chain IPOs: Referring to the IPO concept defined…

Institutional decentralized lending protocol Clearpool has unveiled a governance proposal to migrate its credit infrastructure to the XRP Ledger, Crypto Briefing reported. If approved, the plan would involve a large-scale migration of the full protocol from its existing infrastructure. Under the proposal, existing CPOOL tokens would be exchanged for new CLEAR tokens on a one-to-one basis. CLEAR would have an initial total supply of 1.125 billion tokens, with the long-term supply set to expand to as many as 1.428 billion tokens. Existing CPOOL holders would be allocated 70% of the…

The number of holders of tokenized stock assets has risen 619.1% over the past 90 days to more than 3.6 million, according to Token Terminal data. By chain, BNB Chain had the largest holder base at 1.5 million, followed by Robinhood Chain at 1.2 million and Solana at 647,500. A CoinNess analysis said the rapid growth of the tokenized stock market is making access to channels that can secure real users a key competitive battleground. Source: Coinness

Alameda Research and FTX wallets unstaked 202,710 SOL worth about $20.62 million and transferred the tokens to a bankruptcy estate wallet, according to Onchain Lens. Source: Coinness

Robinhood Chain’s network revenue has been declining since reaching $5.54 million on Sept. 4, and daily revenue fell to $841,178 as of Sept. 11, staying below $1 million for a third straight day, according to DeFiLlama data. That marks an 85% drop from the peak. Despite weaker profitability, 24-hour DEX trading volume held at about $2.498 billion. Source: Coinness

Bitcoin market sentiment had entered its strongest bullish phase in two years since March 2024, according to a CoinNess analysis of CryptoQuant data. A composite sentiment index based on major fear-and-greed indicators at one point reached 89, putting the market in a state of extreme greed. The index moves between -100 and +100, and past cases show such extreme readings have acted as signals of major market pivot points. After passing through a euphoric phase, Bitcoin is now battling to hold current price levels as sentiment indicators ease back toward…

Fintech firm Revolut is suspected of disclosing some users’ personally identifiable information after being deceived by a forged government data request, according to on-chain investigator ZachXBT. ZachXBT said the attacker impersonated an official government email domain to request customer information, and Revolut provided the data after trusting the email authentication details. The exposed data is said to have included names, addresses, copies of identification documents, Bitcoin transaction records, and account statements, while facial biometric data was excluded. ZachXBT analyzed the incident as mainly targeting high-net-worth cryptocurrency holders. Revolut sent affected…