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ICO Drops - ICO News & Alerts

In the past 24 hours, long positions worth ~$720 million were liquidated.

https://www.coinglass.com/LiquidationData

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ICO Drops - ICO News & Alerts

The volume of Bitcoin moved by whales from exchanges has reached a 9-year high, with 84,000 BTC added by these large holders in July alone.

https://x.com/Cointelegraph/status/1819658600975151449

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ICO Drops - ICO News & Alerts

The crypto market is down
BTC Dominance - 55.10%

Market Cap - $2.18T
BTC - $60,764 (-1.43%)
ETH - $2,919.03 (-1.64%)
BNB - $529.3 (-2.28%)
STRK - $0.406 (-1.91%)
W - $0.2106 (-6.42%)
ZK - $0.1146 (-6.77%)
ZRO - $3.62 (-1.06%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

Spot ETF Flow on 2.08: BTC-ETF -$237M, ETH-ETF -$54.3M

https://farside.co.uk/?p=997

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ICO Drops - ICO News & Alerts

The crypto market is down
BTC Dominance - 55%

Market Cap - $2.22T
BTC - $61,971 (-4.03%)
ETH - $2,982.69 (-5.85%)
BNB - $542.6 (-5.12%)
STRK - $0.412 (-9.33%)
W - $0.2249 (-6.25%)
ZK - $0.1222 (-12.17%)
ZRO - $3.66 (-7.57%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

💧Current state of the market in our weekly overview

dropstab | icodrops | twitter | telegram

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ICO Drops - ICO News & Alerts

DeBank announced Rabby added support for multi-signature wallets

https://debank.com/stream/2588580

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ICO Drops - ICO News & Alerts

The crypto exchange Bybit will no longer offer its products or services in France.

Starting Aug. 2 at 8:00 UTC, French users will not be able to purchase any type of produce, open new positions or add new ones. All Bybit products, such as Bybit Earn and all spot products, are included in the restriction, according to a company release.

French users will have any remaining unclosed open positions liquidated after Aug. 13 at 8:00 UTC. Afterward, only asset and fund withdrawals will be allowed.

https://www.theblock.co/post/308993/bybit-will-end-services-and-stop-offering-products-in-france

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ICO Drops - ICO News & Alerts

MicroStrategy reported a second quarter net loss of $102.6 million or $5.74 per share versus income of $22.2 million or $1.52 per share one year earlier.

The loss came as the company took an impairment charge on its bitcoin holdings of $180.1 million versus $24.1 million in the second quarter a year ago.

https://www.coindesk.com/business/2024/08/01/microstrategy-posts-gainloss-on-impairment-charge-in-q2-report/

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ICO Drops - ICO News & Alerts

Fantom has rebranded to Sonic Labs

https://x.com/0xSonicLabs/status/1819057799722414538

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ICO Drops - ICO News & Alerts

In the past 24 hours, long positions worth ~$218 million were liquidated.

https://www.coinglass.com/LiquidationData

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ICO Drops - ICO News & Alerts

The crypto market is neutral
BTC Dominance - 54.78%

Market Cap - $2.32T
BTC - $64,620.58 (+0.93%)
ETH - $3,167.81 (-0.63%)
BNB - $572 (+0.14%)
ZRO - $3.99 (-7.25%)
ZK - $0.139 (-4.65%)
STRK - $0.455 (-3.29%)
W - $0.2405 (-3.83%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

Binance Labs Invests in Particle Network

Particle Network is a modular Layer 1 blockchain that provides Chain Abstraction infrastructure to address liquidity and user fragmentation in a multi-chain world.

The amount of the investment was not disclosed.

https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-particle-network-to--address-user-and-liquidity-fragmentation-in-web3-2579347885390894943

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ICO Drops - ICO News & Alerts

🚀 Monad Ecosystem Overview

👉 https://dropstab.com/tab/monad-ecosystem-ikmo6wz2hq

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ICO Drops - ICO News & Alerts

U.S. Senator Cynthia Lummis officially introduced the Boosting Innovation, Technology and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act in the U.S. Senate.

Specifically, the legislation would:

Establish a decentralized network of secure Bitcoin vaults operated by the United States Department of Treasury with statutory requirements ensuring the highest level of physical and cybersecurity for the nation’s Bitcoin holdings.

Implement a 1-million-unit Bitcoin purchase program over a set period of time to acquire a total stake of approximately 5% of total Bitcoin supply, mirroring the size and scope of gold reserves held by the United States.

Be paid for by diversifying existing funds within the Federal Reserve System and Treasury Department. 

Affirm self-custody rights of private Bitcoin holders and emphasize that the strategic Bitcoin reserve shall not infringe upon individual financial freedoms.

https://www.lummis.senate.gov/press-releases/lummis-introduces-strategic-bitcoin-reserve-legislation/

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ICO Drops - ICO News & Alerts

The crypto market is down
BTC Dominance - 56.04%

Market Cap - $1.92T
BTC - $54,290.52 (-10.61%)
ETH - $2,330.7 (-20.22%)
BNB - $445.19 (-15.28%)
STRK - $0.3473 (-13.67%)
W - $0.1802 (-13.34%)
ZK - $0.089 (-20.96%)
ZRO - $2.88 (-19.79%)
ARB - $0.4802 (-20.58%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

Amber Group, HashKey and ArkStream criticised ZKX for abruptly ceasing operations without notifying their investors and market makers

https://x.com/ambergroup_io/status/1819756271823884715
https://x.com/HashKey_Capital/status/1819225266721579313

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ICO Drops - ICO News & Alerts

The Flow Crescendo Mainnet network upgrade will happen on September 4th, at 12:00 UTC

https://flow.com/post/flow-crescendo-road-to-mainnet-upgrade

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ICO Drops - ICO News & Alerts

The Fear and Greed Index has fallen to 37

https://dropstab.com

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ICO Drops - ICO News & Alerts

Kamala Harris' team and Democratic Party politicians will meet with crypto industry leaders on Monday, Aug. 5

https://x.com/EleanorTerrett/status/1819149516307562827

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ICO Drops - ICO News & Alerts

💧 Recent Lead Investments by the Most Profitable Tier 1 VCs

👉 https://dropstab.com/investors

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ICO Drops - ICO News & Alerts

Starknet Discord is currently compromised.

Please do not interact with the server, click any links, or respond to any messages until further notice.

https://x.com/Starknet/status/1819079824851320990

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ICO Drops - ICO News & Alerts

Coinbase Announces Second Quarter 2024 Financial Results

Total Revenue: $1.4B
Net Income: $36M
Adjusted EBITDA: $596M

https://s27.q4cdn.com/397450999/files/doc_financials/2024/q2/Q2-24-Shareholder-Letter.pdf

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ICO Drops - ICO News & Alerts

Spot ETF Flow on 1.08: BTC-ETF +$24.7M, ETH-ETF -$62.9M

https://farside.co.uk/?p=997

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ICO Drops - ICO News & Alerts

Injective Altaris is live on mainnet

Altaris is the first major upgrade to Injective following Volan which launched in January of 2024.

https://x.com/injective/status/1819109255762399249

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ICO Drops - ICO News & Alerts

Galaxy Announces Second Quarter 2024 Financial Results

Net loss of $177 million for the second quarter

Net income of $245 million for the six months

https://s201.q4cdn.com/407453138/files/doc_financials/2024/q2/Galaxy-Digital-Holdings-LP-Press-Release-6_30_2024.pdf

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ICO Drops - ICO News & Alerts

The market correction continues.

BTC dropped below $63K.

https://dropstab.com/

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ICO Drops - ICO News & Alerts

Andrei Grachev says that DWF Labs is working on CeDeFi synthetic stable coin.

https://x.com/ag_dwf/status/1818965161660576116

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ICO Drops - ICO News & Alerts

ApeCoin will launch an APE-themed hotel in a prime location in central Bangkok, Thailand.

Benefit to Apecoin ecosystem:

1. Revenue Generation: 50% of the revenues from themed rooms will be received by ApeCoin DAO for one year once these rooms are completed. DAO will receive revenue from all themed rooms, including APE, BAYC, Otherside, Apechain, Mocaverse.

2. Real-World Utility: Hotel rooms and bars will accept ApeCoin for payment.

3. Brand Exposure

4. Community Benefits: APE community members can use the rooftop bar for events for free.

5. Community Engagement:
Host events for ApeCoin members every two months.

6. IP Development and Diversity.

Total amount requested from the ApeCoin Ecosystem Fund = 410,000 APE (~$301K)

https://snapshot.org/#/apecoin.eth/proposal/0x6747c1e678671befb802c38277043a9c2aaa285ce13fbc3d45a9583a4495acf8

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ICO Drops - ICO News & Alerts

MtGox made repayments in Bitcoin and Bitcoin Cash to over 17,000 rehabilitation creditors to date

https://www.mtgox.com/img/pdf/20240731_f6e19c0e-85b0-41f6-8102-2e8cafc9c498_announcement_en.pdf

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