Interesting fact: A quarter of the total available bitcoins were bought between 73,000 and 58,000 price levels. That's around $300 billion 💰

South Korea's National Pension Service disclosed that it bought 245,000 (worth $34 million) shares of MicroStrategy in the second quarter of this year 🇰🇷

For the first time, BlackRock surpassed Grayscale in terms of assets under management (AUM) for publicly-listed crypto products 🔼

The Bank of Ghana proposed fresh regulatory measures for digital assets following an extensive internal review of different cryptocurrencies 🇬🇭

🔹 Last 24 hours top 3 gainers:

Fantom - $0.399 (↑7.59%)
THORChain - $3.86 (↑6.88%)
Injective - $19.2 (↑5.87%)

#GM

🐳 12 Tools to be Better than 99% of Traders

Whether you're new to crypto or a seasoned veteran, you still need some tools in this rapidly evolving market.

Doing your due diligence and staying informed will give you a big advantage. Here are the best platforms to discover new projects and coins, check fundraising, stats, trends, and monitor events 👇

🔹 CryptoRank — crypto market data aggregation, analytics, and investment performance monitoring platform.

🔹 Chain Broker — analytics, data on market trends, listings, and token sales.

🔹 Crypto-fundraising, ICO Drops — recent and planned crypto fundraisings, investments statistics, fund information.

🔹 VestLab, TokenUnlocks — here you can check token unlock dates, vesting schedule, and other similar stats.

🔹 CoinCarp — data analysis, information on fundraising, investors and fund portfolios.

🔹 CoinMarketCal, Coindar — crypto calendars.

🔹 Messari — crypto market analytics, data, statistics, and ready-to-use research.

🔹 TwitterScore — helps track important followers of specific crypto projects' media profiles.

📌 Save this list for later and share it with a friend

Based on previous cycles, we should be doing some slow grind up here until the end of September and then we can start the "up only" season 🚀

At least that's what happened 3 other times after the Bitcoin halving 🤷‍♀️

The stock market is approaching its all-time high again, while the crypto market is struggling to survive. Such a decorrelation could be reversed in the next few months, but we are on our own for now 😭

🥇 Bitcoin - $59,286 (↑2.0%)
✨ Ethereum - $2,601 (↑0.7%)

💰 One simple rule to become profitable

👉 Stop trading when you're out of shape or not ready.

But knowing that no one can tell for sure if they're "ready" or "out of shape," you need to remember this list of popular signs. Let's call them "red flags 👇

🚩 You don't have a strategy.

🚩 You don't have trading discipline.

🚩 You do not have basic technical analysis skills to interpret the market.

🚩 You are too emotional and can't control your psychological state.

🚩 You don't know how to accept losses.

🚩 You are impatient.

🚩 You can't make your own decisions and seek someone else's approval for your trades.

🚩 You feel the need to constantly monitor your positions or prices, you are always stressed and worried about losing money.

Ask yourself if any of these red flags apply to you. If yes - you should not trade until you get rid of them if you want to be a profitable trader.

🙅‍♂️ While trading you should never lie to yourself. Lying to yourself about being a good trader is fatal because you have no one else to manage risk and make decisions besides yourself.

📌 Save this post for later and share it with a friend

#trading_tips

The current pattern of rising unemployment in the U.S. is exactly like that which usually precedes or comes with economic recessions 📊

Literally, every time unemployment has risen so sharply, there has been a recession.

Should we be worried? 😱

✅ It was not a good week for the bulls, while the stock market is pumping, Bitcoin is trading in the range between $61k and $57k, and it looks like this will continue for the rest of the summer 🙄

Weekly news digest:

💎 Crypto

🔸 Team behind the DOGS token rescheduled listing for August 23

🔸 South Korea's National Pension Service disclosed that it bought shares of MicroStrategy worth $34 million

🔸 Vitalik Buterin revealed that he donated $532k worth of the animal-themed meme coins

🔸 Liquidators of Three Arrows Capital are seeking $1.3 billion from TerraForm Labs 💸

🔸 DRW Venture Capital discloses $150 million Ethereum ETF holdings

🔸 Marathon Digital Holdings has announced a $250 million offering of convertibles senior notes to buy more BTC

🏦 Crypto exchanges

🔸 The Canadian crypto trading platform ezBtc and its founder defrauded customers by using their funds for gambling
 
🔸 Crypto.com secured an exclusive multi-year partnership with the UEFA Champions League
 
🔸 Crypto exchange Binance registered as a reporting entity with India's FIU after settling a $2.25 million fine with the agency earlier this year

💵 Finances and Economy

🔸 701 new funds were reporting spot-Bitcoin ETF holdings in Q2

🔸 U.S. CPI numbers came out slightly better than expected at 2.9% versus 3% expected and 3% in June 📊

🔸 The Bank of Ghana (BoG) proposed fresh regulatory measures for digital assets

🔸 Multinational financial services company Goldman Sachs has disclosed it holds $418.65 million worth of spot BTC ETFs

🔸 El Salvador gets $1.62 billion closer to construction of its visionary "Bitcoin City"
 
⚖️ Law and Order

🔸 SEC charges NovaTech and its principals and promoters with $650 million crypto MLM scheme fraud

🔸 Iran is handing out upward of $20 to anyone who alerts authorities to illegal crypto mining operations 🤣

🔸 Crypto influencers boosting their social media clout with fake followers, views and likes will face fines from the United States Consumer Protection Agency

🔸 FBI didn't want to either confirm or deny the existence of Satoshi Nakamoto's records

 🗣 Personalities

🔸 Elon Musk tells Donald Trump that he wants to lead a commission on government spending efficiency

🔸 A former Bank of Japan official said the central bank would delay further rate hikes until next year
 
🔸 User paid $92k in gas fees for a single Ethereum transaction

🚀 Best performers of the week:

Helium - $7.50 (↑32.1%)
THORChain - $3.95 (↑26.3%)
Fantom - $0.396 (↑22.4%)

Global liquidity is rising, a trend mirrored by gold, which just reached an all-time high. Following gold, the NASDAQ and Bitcoin typically see gains as liquidity stabilizes. This recurring pattern suggests a potential bull run this or during the start of the next year 📊

Google made Imagen 3, its brand-new text-to-image model open for testing to everyone in the US, this will be the company's direct competitor of MidJourney, Flux, and Dall-E 3 🖼

Ethereum's gas fees plummeted to a five-year low, every time ETH gas fees drop to rock bottom has often signaled a price bottom in the mid-term 🤑

Goldman Sachs has cut its probability of a recession in the United States within the next year to 20% from, 25% citing recent retail sales and unemployment data 🇺🇸

Nigerian SEC has issued the first provisional operating license to the Quidax crypto exchange 🇳🇬

🔹 Last 24 hours top 3 gainers:

Toncoin - $6.9 (↑5.73%)
dYdX - $1.14 (↑5.73%)
GALA - $0.017 (↑4.66%)

#GM

Are we on the verge of the biggest bull run ever? 😮

As you can see, the entire history of Bitcoin is divided into three huge cycles, and we are in the middle of the fourth. The next stage is parabolic growth 🚀

Not a bad start to the week for the bulls, Bitcoin rose above $61k overnight and is now trading near the upper boundary of the two-week price range 🔎

Jupiter DEX discovered a malicious "Bull Checker" Chrome extension that could maliciously transfer a user's tokens to another address ⚠️

If Kamala Harris is elected President of the United States, she will consider appointing Gary Gensler as Treasury Secretary. Perfect anti-advertising 😃

The U.S. SEC has had discussions with potential issuers of Solana ETFs about its concerns regarding Solana's potential status as a security 🤑

🔹 Last 24 hours top 3 gainers:

Brett - $0.092 (↑22.94%)
Aave - $127 (↑15.73%)
dogwifhat - $1.57 (↑15.07%)

#GM

Democratic U.S. presidential candidate Kamala Harris has endorsed Biden's 2025 capital gains tax proposal, which would raise long-term capital gains tax rates to 44.6% 😐

This would be the highest long-term capital gains tax rate since 1922. The plan also proposes a 25% tax on unrealized capital gains for wealthy individuals.

🤨 A rhetorical question: And if an investor has an unrealized loss, will the government compensate it in the same way it wants to take unrealized gains? 

👂 Republican nominee Donald Trump's campaign against Harris is beginning to resemble the anti-communist tactics of the Cold War

Binance announced the upcoming listing of the DOGS token on August 26, after its launch on Binance Launchpool. Is the first post-Notcoin telegram project going to bring us any profit? 🤑

USDT issuer Tether said that it plans to provide a new stablecoin pegged to the United Arab Emirates dirham currency 🇦🇪

A crypto holder who signed an unverified transaction lost $55 million in crypto to malicious actors who employed a phishing attack to steal the whale’s stablecoins 😱

Brazil’s securities regulator approved a second Solana exchange-traded fund marking the second such move in August 🔳

🔹 Last 24 hours top 3 gainers:

BitTorrent - $0...0510 (↑29.86%)
TRON - $0.164 (↑10.04%)
eCash - $0.0000345 (↑8.76%)

#GM

Top 3 AI altcoins set for massive growth 🤖

Imagine buying Nvidia stock before it pumped but in crypto. The AI revolution is in full swing, and there are few legit AI crypto projects, investing in them early could bring you massive gains 📈

In today's video, we talk about a few such altcoins. Don't miss it, hurry up and watch the video 🍄

https://www.youtube.com/watch?v=LAit0Akl0rI

Each separate colored line represents a different Bitcoin price forecast from market experts 🤣

The current chart of Bitcoin looks like the price is about to break out of the boring range for the first time since we recovered after the August 5th dump 📈

Think-tank Public Citizen found that crypto companies have contributed $119 million to election donations, which is about 48% of all corporate election spending in 2024 🇺🇸

One of Kamala Harris's top campaign officials said that the Democratic presidential candidate will support policy efforts to encourage the growth of the crypto industry 🤔

FTX chief restructuring officer and CEO said the plan promises 100% return plus interest for non-governmental creditors, says creditors supported the reorganization plan with a 95% vote 🎎

🔹 Last 24 hours top 3 gainers:

FLOKI - $0.000143 (↑18.49%)
FET - $1.026 (↑15.31%)
Fantom - $0.452 (↑12.82%)

#GM

Global liquidity has begun to rise 😟

Think of it as the amount of money available in the global financial system

This pattern has been repeated over the past decade and more, with gold often being a leading indicator of changes in liquidity. Recently, gold reached a new ATH 🌉

Simple rule: When there is more money available, it leads to increased investment in stocks, bonds, and other assets.

🔍 What we are about to see as this index rises:

• Lower interest rates. The Fed could start lowering rates this September.

• Lower DXY (U.S. Dollar Index)

• Higher prices for gold, crypto, stocks and other ways to escape debasing fiat currencies.

The second Neuralink patient plays computer games using only his brain. The video you are seeing is him playing Counter-Strike 2 🔫

Neuralink, the American brain-computer interface company, has developed an implant that allows disabled patients to control computers using only the power of thought. 

No mouse, no keyboard, no gamepad, just a guy looking at the screen and moving his in-game character by thinking 🧠

The future is now...

✅ The stock market has fallen significantly today and this has prevented Bitcoin from getting out of the price range, which we have been in for a month already 🕯

Daily Digest:

🔸 Feds will use NFTs to reach out to victims impacted by fraudulent activity from the founder of crypto project CluCoin

🔸 Crypto companies have contributed $119 million to election donations

🔸 News that Kamala Harris will support policy efforts to encourage the growth of the crypto industry turned out to be a manipulation 😕

🔸 FTX chief restructuring officer and CEO said the plan promises 100% return plus interest for non-governmental creditors

🔸 $13 billion in loans used in the purchase of Twitter are stuck on banks’ balance sheets 🕊

🔸 Binance founder CZ is not free from prison yet, but was moved to the halfway house in LA

🔹 Prices:

🥇 Bitcoin - $60,476 (↓1.2%)
✨ Ethereum - $2,624 (↓0.2%)
🧪 S&P 500 - 5,570 (↓0.89%)
🕗 DXY - 101.52 (↑0.47%)
🌉 Gold - 2,485 (↑0.01%)

When you've been in crypto for five years and you're used to pain 😅

Multinational conglomerate Sony Group Corp unveiled its Ethereum Layer-2 blockchain, Soneium, as part of a sustained bid to enter into the realm of Web3 technology. Bullish for ETH 🎮

The USDD stablecoin, issued by the TRON DAO Reserve, has lost its Bitcoin backing with the removal of 12,000 BTC from its formerly listed collateral address, now it's only backed by TRX 🫤

Tether, the issuer of the world’s largest stablecoin, USDT, has calculated to forgo its own blockchain launch, citing market saturation and strategic concerns 🤑

NFT platform Magic Eden announced the launch of its token 🖼

🔹 Last 24 hours top 3 gainers:

Core - $1.17 (↑11.94%)
Sei - $0.32 (↑11.25%)
GALA - $0.02 (↑11.48%)

#GM