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Money & Crypto News

Solana NFT Sales Surpass $5.77 Billion

According to the latest data from CryptoSlam, the total sales of NFTs on the Solana blockchain have reached $5.77 billion. The platform has recorded approximately 52.81 million NFT transactions, with 4.05 million buyers and 2.24 million sellers.

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Solana Meme Coin Platform Pump•fun Earns $98.3 Million

According to Dune data, Solana's meme coin platform Pump•fun has accumulated total revenue of $98.3 million.

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U.S. Bitcoin ETFs Hold 4.66% of Total BTC Supply

According to Dune data, U.S. Bitcoin ETFs collectively hold around 919,000 BTC, representing 4.66% of the total supply. Since the launch of ETH, net inflows have reached approximately 299.8k BTC, with about 3,660 BTC added in the past week.

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Vice President Kamala Harris Pushes Comprehensive Economic Proposals

Vice President Kamala Harris is advocating for a series of broad economic proposals aimed at offering new tax breaks and reducing the cost of living for Americans. These initiatives are designed to address the financial concerns most important to voters.

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PENDLE briefly breaks through $3.1

PENDLE briefly broke through $3.1 and is now trading at $3.043, with a 24-hour increase of 15.66%. The market fluctuates greatly, so please control your risks.

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FIRE breaks through 0.7 USDT, with a 24-hour increase of 44.95%

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Bloomberg analysts: Hong Kong virtual banks’ comprehensive losses are expected to shrink to HK$2 billion or less in 2024

Bloomberg Industry Research Bank and Fintech Industry Senior Analyst Chen Yongfu said that it is expected that in 2024, due to rapid revenue growth and stable cost base, the comprehensive losses of Hong Kong virtual banks will be reduced to HK$2 billion or less; operating expenses may fall below HK$3.2 billion.

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The Match social platform has been officially deployed on the Base chain and will airdrop more than 1 billion RFG tokens to the community

the Match social platform was officially deployed on the Base chain, and the community meme coin RFG was simultaneously launched on Uniswap. Match announced that it will airdrop more than 1 billion RFG tokens to the community, and users can participate and receive them in a variety of ways.

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Economist Tom Porcelli: Even if interest rates are cut by 100 basis points, the Fed's policy is still tight

Tom Porcelli, chief U.S. economist at PGIM fixed income, said that the current federal funds rate of 5.3% appears relatively high compared with the current consumer price inflation rate of less than 3%. Even if the interest rate is cut by 100 basis points, the Fed's policy is still tight. , policy was calibrated against significantly higher inflation and significantly lower unemployment, but those circumstances have changed.

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Only 0.26% of the world's population can own 1 Bitcoin

According to financial reports, Bitcoin Magazine stated on the X platform that only 0.26% of the world's population can own 1 Bitcoin.

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The tokens of the blockchain game metaverse sector rose sharply, and DAR rose by more than 65% in the past 4 hours

On August 18, according to market information, the tokens of the blockchain game metaverse sector rose generally, including:
DAR (Mines of Dalarnia) is currently quoted at 0.20722 US dollars, and the increase in the past 4 hours is more than 65%
TLM (Alien Worlds) is currently quoted at 0.01456 US dollars, and the increase in the past 4 hours is more than 47%;
ALICE is currently quoted at 1.163 US dollars, and the increase in the past 4 hours is more than 31%;
VOXEL is currently quoted at 0.1322 US dollars, and the increase in the past 4 hours is more than 28%
MBOX is currently quoted at 0.1502 US dollars, and the increase in the past 4 hours is more than 17%.

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VanEck: Bitcoin miners shifting 20% ​​to AI and HPC could generate $13.9 billion in revenue per year

According to a financial report, VanEck pointed out in a report that if Bitcoin miners partially transform to provide energy for artificial intelligence and high-performance computing (HPC) by 2027, there is an opportunity to generate an additional $13.9 billion in revenue per year.

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Money & Crypto News

Nigeria's tax regulator proposes full implementation of cryptocurrencies

On August 18, Cointelegraph reported that Nigeria's tax regulator, the Federal Inland Revenue Service (FIRS), plans to seek support from the National Assembly to enact a comprehensive new law to regulate cryptocurrencies in the country.

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➡️ Initiated a super airdrop
💰 Currency: TRX
💰 Chain Name: trc20
💲 Total amount: 1000
Remaining: 1000/1000
Note: @money

Airdrop added successfully, please click the button to send

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The total market value of stablecoins is now $168.1 billion

According to DefiLlama data, the total market value of stablecoins is now $168.121 billion, up 1.62% from last week. Among them, the total market value of USDT increased by 1.25%, and the total market value of USDC increased by 1.2%.

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TON Network Staking Reaches 644 Million Tokens

According to Tonscan data, the TON Network currently has 644 million TON staked, with an APY of 3.7%. The network also has 386 active validator nodes.

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Powell to Signal Rate Cuts at Jackson Hole

Goldman Sachs expects Fed Chair Powell's Jackson Hole speech to indicate upcoming rate cuts, dependent on future data. The bank forecasts three 25-basis-point cuts starting in September, warning against premature expectations of a larger cut.

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Bitcoin Nears $60,600, Bullish Signals Emerge

Bitcoin is approaching the critical $60,600 level, with multiple technical indicators, including the Ichimoku Cloud and MACD, suggesting a bullish trend. Analyst Rekt Capital notes that breaking this level could mark a return to the post-halving "accumulation range" and potentially lead to a rapid price surge by late September.

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BTC falls below $59,500

BTC fell below US$59,500 and is now trading at US$59,430.41, with a 24-hour drop of 0.11%. The market fluctuates greatly, so please control risks.

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40 Bitcoin ETFs around the world hold a total of 1,070,594 Bitcoins

As of the updated global Bitcoin ETF data on August 16, 2024, 40 funds hold 1,070,594 Bitcoins, worth over US$64 billion. IBIT continues to accumulate Bitcoin

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Polymarket: Trump and Kamala Harris have the same chance of winning the election

the market predicts that Trump and Kamala have the same probability of winning the 2024 US presidential election at 49%.

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Chameleon Travel Club’s floor price is as high as 2 ETH today, with the highest daily increase of 81%.

Chameleon travel has entered the RWA track and has currently linked hundreds of holiday luxury homes, with a total asset size of more than 300 million US dollars. The team is planning to gradually introduce luxury home assets from the world's top resorts, and will provide users with a seamless experience through on-chain leasing and sales.

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Statistics: Wintermute has deposited 4,229 WBTC and 273 million USDT to CEX in the past two days

Wintermute has deposited 4,229 WBTC to Binance since August 17, with a total value of up to 251 million US dollars, and an average deposit price of 59,413 US dollars.

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Arbitrum bridge storage total value exceeds 4 million ETH

Financial report, Dune data shows that the total value of zkSync bridge storage is 3,727,416 ETH, the total value of Starknet bridge storage (TVB) is 923,431 ETH, and the total number of bridge user addresses is 1,226,482; the total value of Arbitrum bridge storage is 4,040,425 ETH, the total value of Optimism bridge storage is 791,918 ETH, and the total value of Base bridge storage is 611,609 ETH.

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A whale who continues to be long bought 124 WBTC again 6 hours ago, worth about 7.37 million US dollars

On August 18, according to Lookonchain monitoring, a whale bought 124 WBTC again 6 hours ago, worth about 7.37 million US dollars.
According to statistics, the address has been buying and long WBTC since July 4. He bought a total of 846.5 WBTC (53.76 million US dollars) from Binance at an average price of 63,513 US dollars and deposited it in Aave. Then borrowed 17.46 million USDT from Aave and deposited it in Binance.

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The total holdings of the US Bitcoin ETF on the chain reached about 926,000 BTC, accounting for 4.69% of the current total supply

Financial reports, according to Dune data, the total holdings of the US Bitcoin ETF on the chain reached about 926,000 BTC, accounting for 4.69% of the current total supply. Since the launch of ETH, the net inflow has reached about 306,300 BTC, and the inflow in the past week was about 3,660 BTC.

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Nubit announced a partnership with Fractal Bitcoin to introduce OP_CAT-based SNARK validators and Nuport to Bitcoin

On August 18, according to official news, the modular blockchain project Nubit announced a partnership with Fractal Bitcoin to introduce OP_CAT-based SNARK validators and Nuport to Bitcoin.
It is reported that Fractal Bitcoin is an expansion solution based on Bitcoin Core that aims to reduce network congestion by enabling infinite layers. With Nubit, Fractal can now provide developers with low-cost and highly secure DA, which is essential for building scalable applications.

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BlackRock ETHA holds more than 322,400 ETH as of August 16

According to financial reports, BlackRock officially updated the spot Ethereum ETF data. As of August 16, the market value of iShares Ethereum Trust ETF (ETHA) reached approximately US$845,495,636.59, and the holdings rose to 322,422.7541 ETH, and the current number of outstanding shares increased to 42,040,000.

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Money & Crypto News

Economic Daily: Be cautious about virtual currency investment

Financial report, Economic Daily published an article saying that in recent times, the "currency circle" has encountered another wave of earthquakes. Bitcoin has fallen continuously, from more than $70,000 at the end of July to around $58,000 on August 16. In particular, on August 5, Bitcoin once fell below $50,000, hitting a new low in nearly a year, with a daily decline of 15%, more than 270,000 people were liquidated, and the total amount of liquidation exceeded $1 billion. my country has always maintained a strict regulatory stance on virtual currencies.

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The number of companies applying for Turkey's crypto licenses has increased to 76

Financial reports that Turkey's cryptocurrency landscape is undergoing a major shift as large companies such as Coinbase and KuCoin join the competition for the country's business licenses. The number of applications has surged after the Turkish Capital Markets Board (CMB) updated its regulations. Initially, 47 crypto companies applied for licenses under the new regulatory framework, which has now expanded to 76, including new companies such as Coinbase, KuCoin and Gate .io.

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