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CoinMarketCap Announcements

ETH's Price Recovery Faces Potential Downside Risks, According to Analysts
https://coinmarketcap.com/academy/article/eths-price-recovery-faces-potential-downside-risks-according-to-analysts

Ethereum (ETH), the second-largest cryptocurrency, has seen a 3.2% drop over the past week and is currently trading at $2,590.

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What Happened in Crypto Today: Meme Coin FOMO Is Hitting the Market Again? Market Analysis
https://coinmarketcap.com/academy/article/what-happened-in-crypto-today-meme-coin-fomo-is-hitting-the-market-again-market-analysis

From the US moving $600M in Bitcoin to TON going parabolic, here is a 4-minute breakdown of everything important that happened in crypto today.

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CoinMarketCap Announcements

Toncoin Surges Following Listing on Binance Launchpool
https://coinmarketcap.com/academy/article/toncoin-surges-following-listing-on-binance-launchpool

Toncoin (TON) has seen a significant price surge over the past week, gaining 19.2% and reaching its highest levels in nearly a month.

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Morgan Stanley Reveals $188M Holding in BlackRock's Bitcoin ETF
https://coinmarketcap.com/academy/article/morgan-stanley-reveals-dollar188m-holding-in-blackrocks-bitcoin-etf

Morgan Stanley, a major U.S. investment bank, disclosed holding approximately $188 million in shares of BlackRock’s iShares Bitcoin Trust ETF as of June 30.

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3AC Liquidators Seek $1.3B from Terraform Labs After Terra Collapse
https://coinmarketcap.com/academy/article/3ac-liquidators-seek-dollar13b-from-terraform-labs-after-terra-collapse

Liquidators of the failed crypto hedge fund Three Arrows Capital (3AC) filed a claim in Delaware federal court on August 9, and are seeking $1.3 billion in damages from Terraform Labs.

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CoinMarketCap Announcements

Bitcoin Miners Sells BTC Struggle Amid Price Drop and Rising Difficulty
https://coinmarketcap.com/academy/article/bitcoin-miners-sells-btc-struggle-amid-price-drop-and-rising-difficulty

Bitcoin miners are facing challenges as Bitcoin's price drops and mining difficulty increases.

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CoinMarketCap Announcements

Bitcoin Reclaims Key $60,000 Level Ahead of CPI Data Release
https://coinmarketcap.com/academy/article/bitcoin-reclaims-key-dollar60000-level-ahead-of-cpi-data-release

Bitcoin (BTC) traded back above the $60,000 mark, gaining 2.9% over the past 24 hours to reach $61,100 at the time of writing.

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CoinMarketCap Announcements

Grayscale Predicts Growth in Crypto ETFs with New Asset Types
https://coinmarketcap.com/academy/article/grayscale-predicts-growth-in-crypto-etfs-with-new-asset-types

According to Dave Lavalle, Grayscale Investments' global head of ETFs, the cryptocurrency exchange-traded fund (ETF) market is set to expand.

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CoinMarketCap Announcements

Ethereum ICO Whale Offloads $154M in ETH to Exchange
https://coinmarketcap.com/academy/article/ethereum-ico-whale-offloads-dollar154m-in-eth-to-exchange

An Ethereum (ETH) whale has been dumping significant amounts of Ether, with a recent $13.2 million deposit to the OKX exchange.

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CoinMarketCap Announcements

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.

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CoinMarketCap Announcements

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.

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CoinMarketCap Announcements

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.

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CoinMarketCap Announcements

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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CoinMarketCap Announcements

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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CoinMarketCap Announcements

Bitcoin Struggles to Gain Bullish Momentum Amid Market Uncertainty
https://coinmarketcap.com/academy/article/bitcoin-struggles-to-gain-bullish-momentum-amid-market-uncertainty

Bitcoin (BTC) has been unable to break through the $62,000 mark while maintaining support at $58,000.

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CoinMarketCap Announcements

Solana Meme Coin GIGA Surges After Endorsements from Gigachad Meme Figure
https://coinmarketcap.com/academy/article/solana-meme-coin-giga-surges-after-endorsements-from-gigachad-meme-figure

Solana-based meme coin Gigachad (GIGA) saw a 15% spike after the meme's iconic figure, Ernest Khalimov, endorsed it on Instagram.

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CoinMarketCap Announcements

Coinbase Announces New Wrapped Bitcoin cbBTC on Base Network
https://coinmarketcap.com/academy/article/coinbase-announces-new-wrapped-bitcoin-cbbtc-on-base-network

Coinbase has announced plans to launch cbBTC, a wrapped version of Bitcoin, on its Base network

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CoinMarketCap Announcements

U.S. Moves $600M in Seized Silk Road Bitcoin to Coinbase Wallet
https://coinmarketcap.com/academy/article/us-moves-dollar600m-in-seized-silk-road-bitcoin-to-coinbase-wallet

The U.S. government recently transferred nearly $600 million worth of Bitcoin (BTC), seized from the Silk Road dark web marketplace, to a wallet associated with Coinbase Prime.

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CoinMarketCap Announcements

Grayscale Launches Investment Fund for MakerDAO's MKR Token
https://coinmarketcap.com/academy/article/grayscale-launches-investment-fund-for-makerdaos-mkr-token

Grayscale Investments has introduced a new investment fund focused on MakerDAO's governance token, MKR.

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CoinMarketCap Announcements

Glassnode: Bitcoin Accumulation Rises Amid Market Uncertainty
https://coinmarketcap.com/academy/article/glassnode-bitcoin-accumulation-rises-amid-market-uncertainty

Signs of renewed accumulation are emerging among Bitcoin (BTC) holders, according to Glassnode.

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CoinMarketCap Announcements

Marathon Digital's $250M Funding Plan Raises Industry Concern
https://coinmarketcap.com/academy/article/marathon-digitals-dollar250m-funding-plan-raises-industry-concern

Marathon Digital Holdings, one of the leading Bitcoin mining companies, has announced a $250 million private offering of convertible senior notes, sparking industry debate.

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CoinMarketCap Announcements

Bernstein: Kamala Harris Campaign May Impact Bitcoin Prices
https://coinmarketcap.com/academy/article/bernstein-kamala-harris-campaign-may-impact-bitcoin-prices

According to a Bernstein report, the rising odds of Kamala Harris winning the US presidential elections is potentially affecting Bitcoin's recent price dip.

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CoinMarketCap Announcements

Bitcoin Bounces Back from $58,000 Amid Pause in Institutional Buying
https://coinmarketcap.com/academy/article/bitcoin-bounces-back-from-dollar58000-amid-pause-in-institutional-buying

Bitcoin (BTC)'s price fell below $58,000 on Monday morning as institutional investors seemed to pause their buying spree.

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CoinMarketCap Announcements

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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CoinMarketCap Announcements

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.

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CoinMarketCap Announcements

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.

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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.

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CoinMarketCap Announcements

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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