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Event ends: August 9, 16:00 UTC
More details: https://www
The most important cryptocurrency news of the day are as follows:
* Bitcoin (BTC): The Bitcoin price is hovering around $103,000. While long-term investors are taking profits, analysts say the peak is not here yet. It is said that the real struggle of Bitcoin bulls is not to reach $100,000, but to reach a market value of $2 trillion.
* Ethereum (ETH): Ethereum is performing better than Bitcoin and has reached a 10% market share. Some analysts predict that if certain factors occur, the Ethereum price could rise to $5,000 before the end of 2025. A blockchain technology company plans to buy Ethereum instead of Bitcoin with an investment of $57.8 million.
* XRP (Ripple): Expectations for a settlement have increased in the lawsuit between the SEC and Ripple. It is stated that the parties have suspended the appeal for 60 days. It is observed that the risk appetite of XRP and Dogecoin investors has increased.
* Dogecoin (DOGE): There was a 10-fold increase in Dogecoin active addresses.
* Altcoin Season: With Bitcoin dominance falling, there is debate about whether a mini altcoin season is on the horizon.
* Other Developments:
* Ukraine is preparing Europe's first national Bitcoin reserve law.
* Telegram pulled the plug on its $27 billion darknet market.
* Despite market weakness, there was a $319 million inflow into Bitcoin ETFs.
* eToro, which went public on Nasdaq, gained 30% in a short time.
* JPMorgan made its first tokenized asset transaction.
* Sui's total locked value reached a new high of $2 billion.
#Stablecoin Legislation#
#PPI Data Release#
#NXPC Launchpool#