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🇺🇸 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.
📊 Cryptocurrency price check 📊
🔹 BTC: $60,906 + 6.94%
🔹 ETH: $2,677 + 10.46%
🔹 BNB: $511 + 5.02%
🔹 XRP: $0.60 + 0.65%
🔹 ADA: $0.34 + 4.01%
UK's HMRC is Sending Out 'Nudge Letters' to Crypto Tax Slackers
The UK’s HM Revenue & Customs (HMRC) is reminding investors to disclose and pay tax on any crypto gains they may have overlooked.
UK's HMRC is Sending Out 'Nudge Letters' to Crypto Tax Slackers
The UK’s HM Revenue & Customs (HMRC) is reminding investors to disclose and pay tax on any crypto gains they may have overlooked.
CFTC Awards Over $1 Million to Whistleblower in Digital Asset Case
The CFTC has awarded over $1 million to a whistleblower who provided crucial information leading to an enforcement action.
Illuvium and Samsung Partner for Immersive Gaming Experience
Illuvium has partnered with Samsung to showcase its blockchain-based games on Samsung's Web3 TVs at Gamescom 2024, offering players immersive experiences and the chance to win exclusive NFTs.
🚨Russian President Putin Signs Law Legalizing Cryptocurrency Mining
Putin has officially signed a law that legalizes cryptocurrency mining within the country.
US Policy Group Proposes Bitcoin Tax-free Digital Economic Zone
A newly formed policy group in the U.S. has proposed a groundbreaking policy to create a Bitcoin tax-free digital economic zone (DEZ). The USABTC group, composed of financial policy experts and blockchain advocates, is championing this initiative to transform the nation’s approach to digital asset regulation and adoption.
Alameda, FTX Ordered To Pay $12.7 Billion To Creditors
Sam Bankman-Fried's FTX and its sister company Alameda Research have been ordered to pay $12.7 Billion to FTX creditors. Here's what to know.
🚫 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.
Tether to Onboard 200 Senior Staff by Mid-2025 to Focus on Compliance
Stablecoin issuer Tether is seeking to expand its compliance and financial reach by doubling-up its workforce by mid-2025.
UK's HMRC is Sending Out 'Nudge Letters' to Crypto Tax Slackers
The UK’s HM Revenue & Customs (HMRC) is reminding investors to disclose and pay tax on any crypto gains they may have overlooked.
Crypto Execs Butt Heads with Democrats in Fiery Zoom Meeting
A virtual meeting aimed at mending ties between the crypto industry and the Democratic Party reportedly went sour on Thursday morning.
Mango Markets Exploiter Moves For Acquittal, New Trial
Mango Markets exploiter Avraham Eisenberg has requested that his April 2024 conviction related to the crypto scheme be dissolved and that he is given a new trial, a new court filing this weeks shows.
Montenegrin Supreme Court Delays Do Kwon's Extradition to South Korea
The Supreme Court has delayed the extradition of Do Kwon to South Korea following a request by the Supreme State Prosecutor's Office.
💰Solana DePIN Project Raises $18M To Build Decentralized Internet
Wireless internet provider Andrena has secured $18 million in funding to develop DAWN, a decentralized internet protocol built on the Solana blockchain.
🚨 New podcast with William Quigley, Co-founder of Tether & WAX
In this conversation, Matt and William discuss:
- Overall market moves and SEC approvals
- Maturation of the crypto market
- Unique value of where we are in the crypto adoption era
🔊 https://loom.ly/ZRee-no
🇩🇪 Are Businesses Metaverse-Ready? A Third of German Companies Think So: Bitkom Survey
A recent survey by Bitkom found that over a third of German companies see the metaverse as important for their future. However, most haven't made specific plans for it yet.