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📉 Bitcoin Miner Reserves Reach Two-Year High — Price Decline Looms
Bitcoin reserves held by miners have surged to their highest level in over two years, raising concerns about a decline in Bitcoin's price.
🚨 CluCoin Founder Pleads Guilty to Wire Fraud in $1.1 Million Scam
💔 Austin Michael Taylor, founder of CluCoin, has pleaded guilty to wire fraud in a $1.1 million scam, misusing investor funds to fuel his gambling addiction. 🎲💸
Grayscale Introduces Avalanche Trust to Expand Crypto Investment Offerings
Grayscale Investments has launched the Avalanche Trust, offering accredited investors exposure to the AVAX token, expanding crypto products.
Donald Trump Throws Support Behind 'The Defiant Ones' Crypto Project Led By Sons Don Jr. And Eric
Donald Trump is plugging his sons' crypto project, The Defiant Ones, in a new Truth Social post. But what do we know about it so far?
Babylon Pioneers Bitcoin Staking Mainnet Unlocking New Utility
Protocol suite Babylon has launched the first phase of its self-custodial Bitcoin staking Mainnet, introducing new utility for Bitcoin.
Creditors Rally Behind FTX's Reorganization Plan with 95% Approval Rate
FTX @FTX_Official announces strong creditor support for their reorganization plan, a key step in their bankruptcy process.
👾 Shocking: Coin Value Drops 50% to 100% Even Six Months After a Hack
The market impact of a hack not only continues but increases over time, lasting for at least six months after the incident, according to Immunefi.
🚨 New podcast with Gabriele Giancola, CEO of Qiibee
In this conversation, Matt and Gabriele discuss:
- The next iteration of loyalty programs
- Consumer brands and sports clubs are now adopting blockchain
- The future of rewards programs
🔊 https://loom.ly/ojg_BDw
🚀 Mona Coin (MONA/WETH) Daily Analysis - August 22nd 2024:
👉 Overview:
🔸 Mona Coin (MONA) is another micro-cap cryptocurrency that has recently gained some attention, as indicated by its price surge.
👉 Key Metrics:
🔸 Market Capitalization: $67.96K, classifying MONA as a micro-cap token. This level of market cap indicates that the token is still in its early stages and could be subject to high volatility.
🔸 Liquidity: $19.30K, which is on the lower side, suggesting that large trades might have a significant impact on the token’s price.
🔸 Circulating Supply: 420.69B tokens, indicating a large supply.
🔸 Holders: 206, suggesting a relatively small but potentially growing community.
🔸 24-Hour Trading Volume: $240.48K, which is a healthy volume relative to its market cap, indicating active trading and interest in the token.
🔸 Current Price: $0.061615, reflecting a substantial recent increase in value.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
🚨 Vitalik Buterin Calls for End of Anonymous Society in Crypto
Vitalik Buterin stirs up controversy as he calls for an end to the "anonymous society" in crypto, saying it leads to centralization.
He proposes a new identity model to boost DAO stability while protecting privacy.
2. Ethereumdog (ETHDOG/WETH) 🚀
🔹 24h Price Change: +5,673%
🔹 Current Price: $0.0001549
🔹 Consistent Growth: Ethereumdog has seen a 5,673% increase, reflecting growing interest in this meme coin.
🔹 Market Buzz: The substantial price jump may be influenced by its niche appeal within the meme coin community or recent promotional efforts.
🔹 Strategic Insight: Monitoring social media trends or community engagement could provide insight into the factors driving this growth.
🔹 Trade Wisely: While the price point is low, the significant percentage increase warrants careful consideration of potential risks and rewards.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📉 Spot Ether ETFs Record Longest Outflow Streak Since Inception
Spot Ether ETFs in the United States have experienced their longest streak of outflows since their inception on July 23.
❌ WazirX Cancels Open Orders to Resolve Indian Rupee and Crypto Balance Issues
WazirX has canceled all outstanding open orders on its platform to address issues regarding Indian rupee and cryptocurrency balances.
⚡️ Crypto Industry's Election Spending Reaches Record $119M for 2024
Crypto companies have contributed nearly half of all direct corporate spending in the current federal election cycle.
📈 Tron's SunPump Meme Coin Launchpad Outperforms Solana's Pump.fun
Tron’s SunPump has captured the attention of degen traders, overshadowing the once-dominant Solana-based platform, Pump.fun.
Worldcoin in Trouble Again, This Time for Data Privacy Issues in Colombia
Worldcoin faces scrutiny in Colombia for alleged breaches of the personal data protection laws, following similar accusations elsewhere.
⚖️ Partner of Former FTX Executive Charged with Campaign Finance Violations in 2022 Congressional Run
💼 Michelle Bond, partner of ex-FTX executive Ryan Salame, faces charges for campaign finance violations in her 2022 congressional run, allegedly using FTX funds to fuel her campaign. 💸🚨
⚖️ Partner of Former FTX Executive Charged with Campaign Finance Violations in 2022 Congressional Run
💼 Michelle Bond, partner of ex-FTX executive Ryan Salame, faces charges for campaign finance violations in her 2022 congressional run, allegedly using FTX funds to fuel her campaign. 💸🚨
🚫 Botting Scandal Forces FLOKI INU to Scrap Second Simon’s Cat Presale
🐱 The highly anticipated Floki Inu's Simon Cat presale has been canceled due to aggressive botting attempts. 😡 Affected users to be compensated with $CAT token airdrops! 🎉💰
🪙 Magic Eden Adopts $ME as Official Token for Cross-Chain Trading
Magic Eden will integrate the $ME token in its wallet to support cross-chain transactions, expanding its blockchain ecosystem.
🇪🇺Coinbase to Offer MiCA-Compliant EURC Conversions Starting Aug. 28
By offering EURC conversions, Coinbase aims to provide a more convenient and cost-effective way for European users to access the benefits of stablecoins.
🗣️ OpenAI vs. California: Will SB 1047 Protect the Public or Stifle AI Innovation?
California State Senator Scott Wiener and OpenAI are locked in a heated debate over Senate Bill 1047 (SB 1047). Find out why:
👟 Casio to Release 800 NFT Sneakers with Move-and-Earn App STEPN GO
Casio joined hands with STEPN GO to release four types of limited-edition NFT sneakers as part of the VIRTUAL G-SHOCK project.
🚩 11 Hong Kong Crypto Exchange Applicants Face Uncertainty After Inspections
11 Hong Kong cryptocurrency exchanges, which initially received provisional approvals, are now under increased regulatory scrutiny.
3. Flooring Lab Credit (FLC/WETH) 🚀
🔹 24h Price Change: +3,647%
🔹 Current Price: $0.003786
🔹 Gradual Rise: Flooring Lab Credit has gained 3,647% in the last 24 hours, indicating steady market traction.
🔹 Market Buzz: The increase might be due to growing interest in niche utility tokens or recent developments within its ecosystem.
🔹 Strategic Insight: Investigating recent announcements or partnerships related to Flooring Lab Credit could shed light on this upward trend.
🔹 Trade Wisely: With a solid rise, consider the potential for sustained growth, but remain cautious of any sudden market shifts.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Furry (FURRY/WETH) 🚀
🔹 24h Price Change: +5,734%
🔹 Current Price: $0.0125227
🔹 Significant Surge: Furry has experienced a remarkable 5,734% increase over the last 24 hours, marking it as a standout performer.
🔹 Market Buzz: This rapid rise suggests heightened market interest, possibly due to recent community-driven events or speculative trading.
🔹 Strategic Insight: To understand the reasons behind this surge, consider examining any recent developments, news, or shifts in market sentiment related to Furry.
🔹 Trade Wisely: Given the significant volatility, it's crucial to approach trading with caution, staying alert to potential market corrections.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
💰 DBS Bank to Use Blockchain for Government Grant Payouts in Singapore
DBS Bank has launched a pilot project to use blockchain technology for government grant disbursements in Singapore.
📊 Cryptocurrency price check 📊
🔹 BTC: $60,903 + 2.04%
🔹 ETH: $2,632 + 1.31%
🔹 BNB: $574 + 2.33%
🔹 XRP: $0.60 + 0.61%
🔹 ADA: $0.36 + 2.28%
Bitcoin Metrics Signal Weak Demand Dynamics, Growth Slows: CryptoQuant
Bitcoin demand has slowed since early April and dipped into negative territory this month, according to CryptoQuant.
Binance Set to Recruit 1,000 New Hires, Majority for Compliance Roles
Crypto exchange Binance reportedly plans to hire 1,000 new employees in 2024, focusing primarily on compliance positions.