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ICO Drops - ICO News & Alerts

Arthur Hayes has introduced a new article "Spirited Away"

Key points:
▫️“Two opposing forces influence my crypto positioning.
Liquidity Positive Force:
After a quarter of net restrictive policy, the US Treasury will net inject dollar liquidity because it will issue Treasury bills and possibly deplete the Treasury General Account.
Liquidity Negative Force:
This is the strengthening of the yen.“

▫️Hayes will closely monitor bitcoin's correlation with the dollar/yen exchange rate to determine future trading strategy.

▫️He advises to be extremely cautious when using leverage in the current situation in the markets.

https://cryptohayes.substack.com/p/spirited-away

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ICO Drops - ICO News & Alerts

BlackRock, Nasdaq make the push for options on spot Ethereum ETF

Final SEC decision on this from SEC likely to be around April 9th, 2025.

https://www.theblock.co/post/309850/blackrock-nasdaq-make-the-push-for-options-on-spot-ethereum-etf
https://x.com/jseyff/status/1820916415227908108

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ICO Drops - ICO News & Alerts

Diego Oliva, who has served as the first CEO of the Starknet Foundation (SNF) since March 2023, will be stepping down.

James Strudwick, who has been with the Foundation since January 2024 will be assuming the role of Executive Director to continue growing the Starknet ecosystem and its adoption.

https://www.starknet.io/blog/leadership-transition-at-starknet-foundation/

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ICO Drops - ICO News & Alerts

The Enso Token Launch is postponed.

Any committed capital will be refunded for the current auction.

The Enso Token Launch will return to CoinList at a later date.

Completed purchasers will be eligible to receive a 20% token bonus in the upcoming Enso Token Launch if their bid in the future auction is equal to or greater than the clearing price.

/channel/coinlistofficialchannel/450

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ICO Drops - ICO News & Alerts

💧 Ongoing Testnets with Potential Airdrop

👉 https://dropstab.com/tab/ongoing-testnets-4xrwshdfs1

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ICO Drops - ICO News & Alerts

💧 Top 5 Upcoming TGE and Listings in August

👉 https://dropstab.com/tab/august-tge-2chdsylrtb

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ICO Drops - ICO News & Alerts

Spot ETF Flow on 5.08: BTC-ETF -$168M, ETH-ETF +$49M

https://sosovalue.com/assets/etf/us-btc-spot

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ICO Drops - ICO News & Alerts

Top 300 gainers in 24h: NEIRO +91%, TAO +37%, MEW +34%, BRETT +25%, ARKM +24%, AAVE +23%, MNT +18%

https://dropstab.com/insights/top-performance

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ICO Drops - ICO News & Alerts

The team at Renzo Protocol has been focused on fundamentals all summer.

ezETH is leading the pack when it comes to peg, oracle and liquidity stability.

- Withdrawals have been enabled since early June
- Oracles have been update to reduce the risk of cascading liquidation
- Liquidity has been significantly improving

https://x.com/lucaskozinski/status/1820495551538029015

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ICO Drops - ICO News & Alerts

Circle is discontinuing support for USDC on the Flow (Cadence) blockchain effective September 3, 2024 at 7:00 UTC, due to the upcoming network upgrade.

Minting on USDC on Flow will continue through August 27, 2024 at 16:00 UTC.

https://www.circle.com/blog/circle-is-discontinuing-support-for-usdc-on-flow-cadence-due-to-the-chains-upcoming-network-upgrade

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ICO Drops - ICO News & Alerts

A meeting between White House advisers and the crypto industry has been rescheduled for later this week.

The exact date will be announced later.

https://x.com/EleanorTerrett/status/1819472970688975051

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ICO Drops - ICO News & Alerts

Intel CEO, Pat Gelsinger has posted a prayer hedge against further market declines

https://x.com/PGelsinger/status/1820129317122080977

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ICO Drops - ICO News & Alerts

Robinhood halts 24 hour trading

https://x.com/WatcherGuru/status/1820353606752592221

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ICO Drops - ICO News & Alerts

💧 The Biggest Upcoming Unlocks

👉 https://dropstab.com/insights/vesting

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ICO Drops - ICO News & Alerts

🔥 Market Performance Over the Last 24 Hours

👉 https://dropstab.com/insights/top-performance

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ICO Drops - ICO News & Alerts

The Symbiotic website is currently down due to a temporary problem with the domain registrar.

All funds are secure.

https://x.com/symbioticfi/status/1821013086255624664

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ICO Drops - ICO News & Alerts

Ronin hacker has returned stolen $10m in ETH

https://x.com/Ronin_Network/status/1820846361945792751

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ICO Drops - ICO News & Alerts

The crypto market is neutral
BTC Dominance - 55.34%

Market Cap - $2.02T
BTC - $56,762 (+2.04%)
ETH - $2,500.69 (+0.2%)
BNB - $491.6 (+2.52%)
ZRO - $3.37 (+4.65%)
ZK - $0.1057 (+5.88%)
STRK - $0.379 (+3.14%)
W - $0.1963 (+4.64%)
ARB - $0.5145 (+1.98%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

Binance has been issued a tax showcause notice of nearly $86 million in India.

Binance has challenged the notice, which covers the period June 2017-March 2024, according to a person familiar with the matter.

https://www.coindesk.com/policy/2024/08/06/binance-has-challenged-indias-86m-tax-showcause-notice-source/

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ICO Drops - ICO News & Alerts

The Ronin Network bridge has been paused while it investigates a report from whitehats about a potential MEV exploit.

PeckShieldAlert reports $9.33 million hack.

https://x.com/Psycheout86/status/1820771028420739140
https://x.com/PeckShieldAlert/status/1820769744292872240

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ICO Drops - ICO News & Alerts

The Fear and Greed Index has fallen to 17

https://dropstab.com/

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ICO Drops - ICO News & Alerts

Donald Trump says the US government shouldn't sell its cryptocurrency

https://www.theblock.co/post/309588/donald-trump-says-the-us-government-shouldnt-sell-its-cryptocurrency

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ICO Drops - ICO News & Alerts

Zircuit announced its tokenomics, mainnet launch and airdrop details

Zircuit Token (ZRC) has a Total Supply of 10,000,000,000 tokens.

Allocation:

21.00% Airdrop & Community Rewards:
- 7.00% Season 1 Airdrop
- 14.00% Future Airdrops & Community Rewards
12.61% Community Provisions
17.93% Ecosystem Development
18.70% Foundation
18.74% Team
11.02% Investors

https://docs.zircuit.com/tokenomics/zircuit-token-zrc

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ICO Drops - ICO News & Alerts

London-based hedge fund Capula Investment Management reported owning $464 million worth of shares in spot bitcoin ETFs issued by BlackRock and Fidelity.

https://www.theblock.co/post/309500/hedge-fund-giant-capula-reports-owning-464-million-in-spot-bitcoin-etf-shares

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ICO Drops - ICO News & Alerts

The crypto market is growing
BTC Dominance - 55.31%

Market Cap - $1.99T
BTC - $55,516.01 (+2.34%)
ETH - $2,484.7 (+5.59%)
BNB - $477.2 (+6.9%)
ZRO - $3.2 (+9.25%)
ZK - $0.099 (+9.88%)
STRK - $0.365 (+3.61%)
ARB - $0.5018 (+3.92%)
W - $0.1866 (+2.93%)

https://dropstab.com

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ICO Drops - ICO News & Alerts

💧 Top Funding Rounds in the Last 7 Days

👉 https://dropstab.com/insights/latest-fundraising-rounds

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ICO Drops - ICO News & Alerts

Binance CEO: „Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe it’s indicative of a long-term negative trend.“

https://x.com/_RichardTeng/status/1820399869884027299

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ICO Drops - ICO News & Alerts

🎉Girin Labs receives funding from the XRP Ledger Japan and Korea fund 🎉

📌
Girin Labs has secured the first funding from the XRPL Japan and Korea Fund, which is part of Ripple's 1 Billion XRP commitment to provide financial, technical, and business support for developers and entrepreneurs building on the XRPL.

📌Girin Labs focuses on building user-friendly infrastructure and DeFi systems within the XRP Ledger and the Root Network ecosystem.

📌With this funding, Girin Labs will accelerate the development of the Girin Wallet, an XRPL-focused Web3 wallet supporting social login, and Lotus Protocol, the first lending and liquid staking token (LST) protocol on the Root Network, offering sustainable yield farming for XRP holders.

📌Girin Labs aims to further onboard users and revolutionize the XRP Ledger and Futureverse ecosystems through their innovative solutions.

More details: https://cointelegraph.com/press-releases/girin-labs-secures-funding-from-the-xrp-ledger-japan-and-korea-ecosystem-fund

#sponsored

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ICO Drops - ICO News & Alerts

The Fear and Greed Index has fallen to 26 (fear)

https://dropstab.com/

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ICO Drops - ICO News & Alerts

Justin Sun: “The rumors about our positions being liquidated are false. We rarely engage in leveraged trading strategies because we believe such trades do not significantly benefit the industry. Instead, we prefer to engage in activities that provide greater support to the industry and entrepreneurs, such as staking, running nodes, working on projects, helping project teams provide liquidity, and offering Total Value Locked (TVL) services.”

https://x.com/justinsuntron/status/1820327531532386481

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