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Binance to Convert Delisted Tokens, Including Bitcoin Gold and Monero, to USDC
Binance announced on Monday that it will convert several delisted tokens, including Bitcoin Gold and Monero, to USDC on Sept. 2.
📊 Cryptocurrency price check 📊
🔹 BTC: $58,317 - 4.60%
🔹 ETH: $2,546 - 4.37%
🔹 BNB: $504 - 5.17%
🔹 XRP: $0.56 - 4.69%
🔹 ADA: $0.33 - 5.93%
Venezuela Restricts Binance Access Amidst Post-Election Conflict
Venezuela recently blocked access to Binance and other online platforms amid nationwide protests over disputed election results.
📈 Crypto Startups Attract $2.7 Billion in Q2 Despite Decline in Deal Volume
In the second quarter of 2024, crypto startups managed to attract $2.7 billion in funding across 503 deals
🧾 IRS Updates Crypto Tax Form, Excludes Wallet Address to Ease Privacy Concerns
The IRS has unveiled an updated draft of the 1099-DA tax form, which crypto brokers and investors will use to report certain transactions.
Coinbase Launches “Coffee Days” To Bring $1 USDC Stablecoin Payments To Coffee Shops
The popular cryptocurrency exchange Coinbase partners with local coffee shops to accept USDC payments through August.
📍Chain Signatures Go Live on NEAR Protocol, Expand Cross-Chain Possibilities
NEAR Protocol launched chain signatures, a new technology that allows users to interact with multiple blockchains using a single NEAR account.
🇹🇭 Thailand SEC Launches Digital Asset Sandbox for Testing
The SEC Thailand has launched its Digital Asset Regulatory Sandbox for applications, allowing participants to test digital asset services.
🇺🇸 Trump’s Big Plans for Bitcoin Might Never Happen
Donald Trump has positioned himself as a crypto supporter with big plans for Bitcoin. However, experts say his ambitions might clash with crypto values and will require new legislation and community consensus.
🇪🇺 IOTA Brings Digital Product Passport for Electronics, Combating E-Waste
The IOTA Foundation unveils its Digital Product Passport (DPP) for electronics. This system tracks a device's lifecycle, improving sustainability and traceability.
🚀 Bonn Oberkassel (BONN/WETH) Daily Analysis - August 9th 2024:
👉 Overview:
🔸 Bonn Oberkassel (BONN/WETH) has experienced a significant decline in price recently.
👉 Key Metrics:
🔸 Market Capitalization: $30.29K, which is quite low, indicating a micro-cap status with high volatility and risk.
🔸 Liquidity: $18.24K, suggesting relatively low liquidity, which could lead to difficulties in trading large volumes without impacting the price significantly.
🔸 Circulating Supply: 416.95 billion tokens, representing a large supply relative to the market cap.
🔸 24-Hour Trading Volume: $1.73M, a surprisingly high volume for such a small market cap, indicating intense trading activity.
🔸 Current Price: $0.077264, reflecting a substantial decrease in value, with a price change of -90.92% over the last 24 hours.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
2. FUKU (FUKU/WETH) 🚀
🔹 24h Price Change: +92,302%
🔹 Current Price: $0.053063
🔹 Impressive Increase: FUKU has also seen an astounding 92,302% rise in value.
🔹 Market Buzz: The significant price change suggests heightened interest and trading activity, potentially influenced by recent announcements or community movements.
🔹 Strategic Moves: Keep an eye on news surrounding FUKU and consider the risk of volatility in your trading strategy.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
📜 Hong Kong Lawmaker Calls for Easing Banking Restrictions for Crypto Firms
Johnny Ng has called on government and banking sector to ease restrictions that are hampering crypto firms from accessing banking services.
Vitalik Buterin Transfers 3,000 ETH to Multi-Sig Wallet, Speculated to be Possible Donation
Vitalik Buterin transferred $8 million worth Ethereum to a multi-signature wallet, on Friday, which is believed to be a donation.
Bitcoin Spot ETFs See $194M Inflows, Bitcoin Price Rebounds
Bitcoin spot exchange-traded funds (ETFs) saw $194.6 million in inflows on Thursday, according to data shared by Fireside Investors.
California's Santa Monica Opens Bitcoin Office to Promote Usage
California’s Santa Monica is taking a step forward in crypto education by establishing a dedicated “Bitcoin Office.”
📉 ETH Burn Rate Hits Yearly Low on Ethereum Network
The Ethereum network has witnessed a significant drop in its ETH burn rate, reaching the lowest levels recorded this year.
🤖🧠 IBM's 'Lightweight Engine' Could Be the Next Big Thing in Fintech Innovation
IBM has unveiled its new “Lightweight Engine” for the WatsonX.ai platform, marking a major step in the evolution of AI deployment.
🗳️ Harris-Walz Campaign Faces Pressure to Clarify Stance on Crypto Policy
Supporters of Democratic nominee Kamala Harris are urging her campaign to clarify its position on cryptocurrency.
💲Ripple Begins Beta Testing Stablecoin RLUSD on XRP Ledger and Ethereum Mainnet
Ripple has started beta testing for Ripple USD (RLUSD) on the XRP Ledger and Ethereum mainnet, with future plans for expansion.
Kamala Harris And Donald Trump Tied Presidency Odds In Polymarket Bet
Donald Trump and Kamala Harris are tied in a Polymarket bet over who will win in November. Here's why it matters.
📽 It's time for another weekly crypto roundup!
Matt Zahab and Rachel Wolfson bring you the fourth episode packed with the latest crypto headlines.
Tune in now and get up to speed!
⚖️ Coinbase Pushes Back On CFTC Event Contracts Ban
Coinbase CLO Paul Grewal is pushing back on the CFTC's proposed event contracts ban. Here's what it would mean for prediction markets.
🚫 OKX Announces Termination of Accounts Linked to Tornado Cash to Uphold Compliance
OKX takes a stand against crypto crime! CEO Star Xu just announced a zero-tolerance policy for accounts linked to Tornado Cash.
📈 47 Crypto Firms Apply for Licenses Under New Regulations in Turkey
Turkey is witnessing a remarkable uptick in interest from cryptocurrency companies eager to establish operations within its borders.
3. Hachi-Kun (HACHI/WETH) 🚀
🔹 24h Price Change: +1,985%
🔹 Current Price: $0.00007746
🔹 Steady Climb: Hachi-Kun is up by 1,985%, marking it as a noteworthy performer, albeit with a smaller price base.
🔹 Market Dynamics: This increase may reflect growing interest or community support, but the relatively lower percentage compared to the others suggests a more measured rise.
🔹 Trading Tips: Monitor Hachi-Kun's market trajectory and consider it for short-term trades, keeping an eye on liquidity and trading volumes.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
TOP TRENDING COINS! 📈
Here's the latest on today's market dynamics:
1. Xi Token (XI/WETH) 🚀
🔹 24h Price Change: +98,896%
🔹 Current Price: $2.3512
🔹 Massive Growth: Xi Token is experiencing a meteoric rise, nearly doubling in value with a 98,896% increase.
🔹 Market Insight: This sharp surge may indicate significant market interest, possibly driven by news, technological advancements, or strategic partnerships.
🔹 Trade Considerations: Given the extreme volatility, proceed with caution and stay updated on Xi Token's market developments.
*Disclaimer: For informational purposes only. Conduct due diligence and trade responsibly.*
⛏️ AI-Powered Software and Immersion Cooling Gains Traction With Bitcoin Miners
Bitcoin miners are using new technologies like AI software and immersion cooling to help ensure energy-efficient operations.
CBOE Resubmits Application for Bitcoin ETF Options as Approval Looms
CBOE has withdrawn its original application for options on spot Bitcoin ETFs, only to resubmit a more comprehensive version.
📈 Rise in New Bitcoin Addresses Suggests Renewed Interest from Retail
Retail investors may be making a comeback in the cryptocurrency market, as evidenced by a recent uptick in the number of new Bitcoin addresses being created daily.