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Over half a TRILLION dollars have been erased in market cap today by the Magnificent 7.
The last time we saw stocks erase this much, the total crypto market cap saw a ~30% correction between Jul 22 - Aug 5.
Do you think history will repeat itself? 👀
On-chain data from Glassnode reveals that the number of addresses holding 1 $BTC or more is nearing its all-time high again, currently sitting at 1,013,606.
The previous peak was on January 1, 2024, with 1,024,468 addresses. 📊
👀 Bitcoin nears $60K but traders expect a bearish September, with historical trends suggesting continued pressure on both Bitcoin and gold.
Despite recent gains, analysts predict a potential rebound in October.
🔗 JUST IN: Ripple to integrate smart contracts into XRP Ledger, enhancing its capabilities with EVM compatibility and aiming to attract developers and expand use cases.
Читать полностью…
🎙️ Robert F. Kennedy Jr. on Why Bitcoin is America’s Economic Future!
“Could Bitcoin be the key to preserving the U.S. dollar’s global dominance?”
50% of Telegram tap-to-earn gamers are crypto noobs: Blum CEO
Telegram tapper games have “finally” brought the mass adoption to crypto the industry has waited for, says Blum founder and CEO Gleb Kostarev.
👉 Read More
🗞 Catch up on the news over the last 24 hours!
🏙 Vitalik Buterin proposes radical plan to pseudo-decentralize cities
🎥 Windows previews AI tool for video and audio transcription
🐋 Bitcoin whales surge: Wallets with 100+ BTC at 17-month high
🔗 Cardano’s Chang hard fork shifts network to decentralized governance
📉 Top 10 memecoins down 63.73% from all-time highs, per Lookonchain
🇯🇵 Japanese investor Metaplanet partners with Ripple's SBI
📉 Solana hits record: $SOL down for 9 straight days
⚖️ SEC takes aim at the NFT market
🏦 Qatar launches digital asset regulations
📊 Crypto outflows soar as US data strengthens; Bitcoin leads with $319M
🛑 Brazil Supreme Court upholds shutdown of social media giant X
💸 TikTok ‘infinite money’ glitch leaves users in debt
🇧🇷 JUST IN: A five-member panel of Brazil's Supreme Court voted unanimously to uphold Justice Alexandre de Moraes' ruling to shut down social media giant X.
Читать полностью…
🇶🇦 JUST IN: Qatar introduces new regulatory framework for digital assets, aiming to boost its financial sector.
Читать полностью…
$SOL has been down for 9 days straight, a record for Solana
After 8 red days, it previously bounced back with +10.75% and +14.22%.
Will $SOL break the resistance ahead?
🔥 - Yes, hopefully
⚡️ - No
📉 Over the past year, the top 10 memecoins have taken a hit, with an average price drop of 63.73% from their all-time highs, according to Lookonchain analysts.
Do you still have memecoins?
⚡️ - Yes, I do
🔥 - Sold them all.
🐳 - Never bought any.
Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.
👉 Read More
Vitalik Buterin has radical scheme for the pseudo-decentralization of entire cities
The Ethereum creator’s utopia seems a lot like a decentralized autonomous organization, but with taxes.
https://ct.com/d189
Crypto losses to hacks exceed $313M in August
Cryptocurrency hackers stole $313.86 million in digital assets in more than 10 cyberattacks in August, raising doubts about the broader acceptance of the asset class.
👉 Read more
Anthropic CEO says future of AI is a hive-mind with a corporate structure
Even artificial workers can’t escape the bureaucracy.
https://ct.com/d14r
🗞 Catch up on the news over the last 24 hours!
🔍 Bitcoin at a Crossroads: Breakout or Breakdown?
🎮 50% of Telegram Gamers Are New to Crypto: Blum CEO
💰 WazirX Hacker Transfers $6.5M to Tornado Cash
🇺🇸 Robert F. Kennedy Jr.: Bitcoin as America’s Economic Future
⚖️ Binance CEO Criticizes Executive's ‘Inhuman’ Treatment
🖥 Ripple Integrates Smart Contracts, Enhancing XRP Ledger
🪓 Thieves Use Machete and Toblerone to Steal 23.5 BTC
📉 Bitcoin Nears $60K, but Traders Fear Bearish September
📊 Addresses Holding 1 BTC Near All-Time High Again
Anybody else know the feeling?
🐳 - So me
⚡️ - No, I'm lucky
🎙️ Did you miss the latest crypto buzz?
We’re exploring the dramatic drop in NFT sales, a home invasion in which thieves used a machete and Toblerone to snatch 23.5 $BTC, and Bitcoin’s current standstill as we await the next big market shake-up.
Tune in now! 🎧
👀 JUST IN: Binance CEO condemns ‘inhuman’ treatment of executive Tigran Gambaryan, with new video showing his worsening health in Nigerian prison as his bail hearing approaches on Sept. 4.
Читать полностью…
🥷 The hacker behind the $235 million WazirX hack has transferred $6.5 million worth of ill-gotten $ETH to Tornado Cash.
Читать полностью…
Bitcoin headed for breakout or breakdown? Analysts weigh in
Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.
👉 Read More
🌚 Chase Bank ATMs glitch has TikTokers racking up huge debts
Social media users exploited the so-called "infinite money" glitch, withdrawing large sums before their deposits cleared, only to find their accounts frozen or in the red.
📊 MARKET UPDATE: Amid stronger US economic data, crypto products faced major outflows last week, with Bitcoin leading the trend at $319M.
Читать полностью…
🎙️ Rise’n’Crypto: The SEC vs. NFT Market
The SEC’s crackdown on OpenSea for unregistered securities has sparked outrage and uncertainty in the crypto world.
🎧 Listen now to see how this impacts you!
🇯🇵 NEW: Metaplanet, a leading Japanese Bitcoin investor, has partnered with Ripple’s associate SBI VC Trade to enhance its Bitcoin trading, storage, and financial strategy.
Читать полностью…
Cardano’s Chang hard fork successful as it shifts to decentralized governance
The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process.
👉 Read More
Windows previews ‘Intelligent Media Search’ that transcribes videos and audio
The feature could be very useful, but privacy analysts have raised concerns over its reach.
https://ct.com/d18l
Area 51 for AI? US gov secures early access to cutting edge models
It’s unclear whether the government would be required to inform the general public in the event an AI model becomes sentient.
https://ct.com/d17o
Telegram financial statement shows it holds $400 million in crypto
Telegram posted an operating loss of $108 million during the year ended Dec. 31, 2023, while generating $342.5 million in revenue. According to a Financial Times report, about 40% of Telegram’s revenues came from digital asset-related activities under the categories “integrated wallet” and “sale of collectibles.”
👉 Read more
Physics for fintech: How quantum AI can make humans better crypto traders
Scientists are using quantum algorithms to uncover new insights into how our brains learn and apply information.
https://ct.com/d14f
