What Happened in Crypto Today: Bitcoin's Already Hit the Local Bottom? Market Analysis
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-bitcoins-already-hit-the-local-bottom-market-analysis
From Ripple launching a new stablecoin to Sahm rule hitting the 0.5% increase, here is a 4-minute breakdown of everything important that happened in crypto today.
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Former BOJ Board Member: BOJ Likely To Hold Off on Rate Hikes This Year
https://coinmarketcap.com/academy/article/former-boj-board-member-boj-likely-to-hold-off-on-rate-hikes-this-year
The Bank of Japan (BOJ) will refrain from raising its benchmark interest rate again this year, following the economic disruption caused by its recent unexpected hike.
Celsius Sues Tether for $3.5B Over Dispute During Celsius’ Bankruptcy Proceedings
https://coinmarketcap.com/academy/article/celsius-sues-tether-for-dollar35b-over-dispute-during-celsius-bankruptcy-proceedings
Bankrupt crypto platform Celsius has filed a lawsuit against Tether.
Vultisig Selected as New Incubatee of CMC Labs, CoinMarketCap's Web3 Accelerator Program
https://coinmarketcap.com/academy/article/vultisig-selected-as-new-incubatee-of-cmc-labs-coinmarketcaps-web3-accelerator-program
CMC Labs has selected 'Vultisig' in its CMC Labs Accelerator Program as an Incubatee. This partnership will accelerate Vultisig's access to strategic resources and an experienced Crypto Community to get feedback while further enhancing a new wallet standard every day, which Vultisig is aiming for. This collaboration marks a significant step in fostering innovation and growth within the cryptocurrency ecosystem.
Hamster Kombat Reveals Details of Massive Crypto Airdrop
https://coinmarketcap.com/academy/article/hamster-kombat-reveals-details-of-massive-crypto-airdrop
Hamster Kombat, the popular Telegram-based mobile clicker game, has unveiled new information about its highly anticipated cryptocurrency airdrop.
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Crypto, Equities Markets Surge Following Positive Unemployment Data
https://coinmarketcap.com/academy/article/crypto-equities-markets-surge-following-positive-unemployment-data
Cryptocurrency markets have experienced a rally, reflecting the gain in U.S. stocks, following encouraging data about the American economy's strength.
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Bitcoin Rebounds to $62,000 After Monday’s Drastic Selloff
https://coinmarketcap.com/academy/article/bitcoin-rebounds-to-dollar62000-after-mondays-drastic-selloff
Bitcoin (BTC) has surged back to $62,000, just days after the sharp selloff on Monday, August 5, which saw BTC drop from $64,000 to a low of $49,500
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Aave Surges to $2.1 Million Daily Revenue Amid Market Turmoil
https://coinmarketcap.com/academy/article/aave-surges-to-dollar21-million-daily-revenue-amid-market-turmoil
MediaAave (AAVE), a leading decentralized finance (DeFi) lending platform, recorded a remarkable $2.1 million in daily revenue following a wave of loan liquidations.
Ethena Labs Brings Synthetic Stablecoin USDe to Solana
https://coinmarketcap.com/academy/article/ethena-labs-brings-synthetic-stablecoin-usde-to-solana
Ethena Labs has announced the launch of its stablecoin, USDe, on the Solana network as of August 7.
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Solana Reaches New High Against Ethereum, SOLETH Eyes Potential Breakout
https://coinmarketcap.com/academy/article/solana-reaches-new-high-against-ethereum-soleth-eyes-potential-breakout
Solana (SOL) has reached an all-time high against Ethereum (ETH) as of August 7, with traders anticipating a potential surge to $200, a level last reached on March 18.
Trust Wallet Launches Quest Platform and Points System to Reward and Educate Users
https://coinmarketcap.com/academy/article/trust-wallet-launches-quest-platform-and-points-system-to-reward-and-educate-users
MediaTrust Wallet has launched Trust Wallet Quests, a task-oriented Quest platform within the Trust Wallet mobile app that encourages users to earn points while learning about Web3.
Michael Saylor Compares Potential U.S. Strategic Bitcoin Reserve to the “Louisiana Purchase”
https://coinmarketcap.com/academy/article/michael-saylor-compares-potential-us-strategic-bitcoin-reserve-to-the-louisiana-purchase
MediaMichael Saylor, co-founder of MicroStrategy, recently compared the idea of the United States acquiring a "strategic reserve" of Bitcoin to the historic Louisiana Purchase.
SOL/ETH Ratio Hits Record High Amid Market Volatility
https://coinmarketcap.com/academy/article/soleth-ratio-hits-record-high-amid-market-volatility
The SOL/ETH ratio, which measures the value of Solana compared to Ether, has reached a new peak following a turbulent week in the cryptocurrency market.
What Happened in Crypto Today
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-is-crypto-finally-making-a-comeback
From economist pushing the Fed to cut rates to analysts going bullish on Bitcoin price this year, here is a 2-minute breakdown of everything important that happened in crypto today.
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[CMC Live] Iggy Azalea talks $MOTHER live on CMC 🚀
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https://coinmarketcap.com/community/post/338329081
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Pump.fun’s Latest Update Rewards Successful Meme Coin Launches With 0.5 SOL
https://coinmarketcap.com/academy/article/pumpfuns-latest-update-rewards-successful-meme-coin-launches-with-05-sol
Pump.fun, a platform for creating meme coins, has announced a new update that rewards users for launching successful tokens.
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Ripple Begins Private Beta of New Stablecoin RLUSD on Blockchain and Ethereum
https://coinmarketcap.com/academy/article/ripple-begins-private-beta-of-new-stablecoin-rlusd-on-blockchain-and-ethereum
Ripple announced today that it has started the private beta testing of its new stablecoin, Ripple USD (RLUSD), on its own blockchain and Ethereum.
Bitcoin Signals Potential Bottom as Market Indicators Turn Bullish
https://coinmarketcap.com/academy/article/bitcoin-signals-potential-bottom-as-market-indicators-turn-bullish
According to recent analysis on CryptoQuant, Bitcoin (BTC) is showing signs of hitting a "local bottom" in the recent early August sell-off.
What Happened in Crypto Today: ‘Largest Airdrop in the History of Crypto’? Market Analysis
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-largest-airdrop-in-the-history-of-crypto-market-analysis
MediaFrom Bitcoin hitting $62K to Brazil giving Solana ETF the green light, here is a 4-minute breakdown of everything important that happened in crypto today.
Brazil's Securities and Exchange Commission Approves Spot Solana ETF
https://coinmarketcap.com/academy/article/brazils-securities-and-exchange-commission-approves-spot-solana-etf
Brazil's Securities and Exchange Commission (CVM) has given the green light to a spot Solana exchange-traded fund (ETF), marking a significant step in the global crypto market.
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Franklin Templeton Expands Money Market Fund FOBXX to Layer-2 Arbitrum
https://coinmarketcap.com/academy/article/franklin-templeton-expands-money-market-fund-fobxx-to-layer-2-arbitrum
Global asset manager Franklin Templeton, which has $1.53 trillion in assets under management (AUM), has launched its blockchain-based money market fund.
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What Happened in Crypto Today: Solana Did What?
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-solana-did-what
MediaFrom XRP scoring a big W to Aave profiting from the market crash, here is a 3-minute breakdown of everything important that happened in crypto today.
Trump Sons Hints at Major Crypto Announcement Around DeFi
https://coinmarketcap.com/academy/article/trump-sons-hints-at-major-crypto-announcement-around-defi
The crypto world is speculating about possible developments from Donald Trump’s sons after enigmatic posts on X.
XRP Surges 26% as Ripple Nears Settlement in SEC Lawsuit
https://coinmarketcap.com/academy/article/xrp-surges-26percent-as-ripple-nears-settlement-in-sec-lawsuit
XRP skyrocketed by 26% following a pivotal move by a New York federal judge in the ongoing securities lawsuit against Ripple Labs.
What Happened in Crypto Today: Bullish Signals Are Finally Emerging!
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-bullish-signals-are-finally-emerging
MediaFrom Bitcoin bouncing back above 56K to permanent holders quietly scooping up BTCs, here is a 3-minute breakdown of everything important that happened in crypto today.
Ethereum Rebounds After Sharp Decline, Faces Uncertain Path Ahead
https://coinmarketcap.com/academy/article/ethereum-rebounds-after-sharp-decline-faces-uncertain-path-ahead
MediaEthereum recently faced a significant drop, falling 33.9% from $3,203 on August 2 to $2,188 by August 5, marking its lowest point in over seven months.
Bitcoin Faces Volatility but Shows Signs of Recovery
https://coinmarketcap.com/academy/article/bitcoin-faces-volatility-but-shows-signs-of-recovery
Bitcoin has experienced a rocky start to August, dropping over 14% due to various macroeconomic issues, including Japan's interest rate hike, worsening U.S. employment data.
Bitcoin Permanent Holders Accumulate $23 Billion Amid Market Downturn
https://coinmarketcap.com/academy/article/bitcoin-permanent-holders-accumulate-dollar23-billion-amid-market-downturn
Bitcoin "permanent holder addresses" have amassed nearly $23 billion in assets over the past month.
The Wait is Over: CMC Releases 5 New APIs to Complete DEX Suite
https://coinmarketcap.com/academy/article/the-wait-is-over-cmc-releases-5-new-apis-to-complete-dex-suite
Early access to all 8 DEX APIs with enhanced queries and free credits for a comprehensive look at decentralized exchanges...
🎓 Reflexivity Research: July Monthly Round Up 🔬
In collaboration with Reflexivity Research, we are eager to share our first monthly round-up of recently released research content from their team...
Check out the Research 👇
https://coinmarketcap.com/academy/article/reflexivity-research-july-monthly-round-up
For audio-based research content, be sure to check out our latest round-table discussion with the Reflexivity team on the CMC live platform here:
https://coinmarketcap.com/community/live/337852779