The latest US retail sales numbers show people are spending more. This is boosting the markets. What does this mean for #crypto?
Source: https://www.census.gov/retail/sales.html
⭐️Strong Sales Growth: July saw a 1.0% increase in retail sales.
⭐️Better Than Expected: This growth is much higher than the 0.4% forecast.
⭐️Improved from Last Month: The previous month had no growth, so this is a positive change.
⭐️Consumer Spending is Up: People are spending more, which supports the economy.
⭐️Possible Impact on Crypto: Strong consumer spending could influence the #cryptocurrency market.
Source: https://www.census.gov/retail/sales.html
⭐️Strong Sales Growth: July saw a 1.0% increase in retail sales.
⭐️Better Than Expected: This growth is much higher than the 0.4% forecast.
⭐️Improved from Last Month: The previous month had no growth, so this is a positive change.
⭐️Consumer Spending is Up: People are spending more, which supports the economy.
⭐️Possible Impact on Crypto: Strong consumer spending could influence the #cryptocurrency market.
Top #CryptoNews of This Week
1️⃣ In July, U.S. #CPI rose 0.2%, jobless claims dropped, retail sales increased 1%.boosting rate cut expectations
2️⃣ #Ethereum network gas fees hit a five-year low on Aug10., dropping below 2 gwei
3️⃣ 🇯🇵 BOJ's Sakurai stated no more rate hikes expected for this year
4️⃣ Goldman Sachs and Morgan Stanley acquired $600M+ in Bitcoin ETFs in Q2
5️⃣ 🇳🇴 Norway’s sovereign wealth fund increased BTC holdings to 2,446 BTC
6️⃣ SEC sent letters to VCs about Uniswap Labs’ unregistered exchange status
7️⃣ 🇺🇸 Marathon Digital started marking Bitcoin blocks as “Made in USA”
8️⃣#MetaMask partnered with Mastercard to launch a blockchain-based debit card
9️⃣Venezuelan government blocked access to #Binance,Twitter, and other services
🔟#VitalikButerin donated all “animal coins” received last year to charity
1️⃣1️⃣Binance resumed operations in India as a registered crypto exchange after a 7-month ban
1️⃣2️⃣Dubai court acknowledged #cryptocurrency as a valid form of salary payment
1️⃣ In July, U.S. #CPI rose 0.2%, jobless claims dropped, retail sales increased 1%.boosting rate cut expectations
2️⃣ #Ethereum network gas fees hit a five-year low on Aug10., dropping below 2 gwei
3️⃣ 🇯🇵 BOJ's Sakurai stated no more rate hikes expected for this year
4️⃣ Goldman Sachs and Morgan Stanley acquired $600M+ in Bitcoin ETFs in Q2
5️⃣ 🇳🇴 Norway’s sovereign wealth fund increased BTC holdings to 2,446 BTC
6️⃣ SEC sent letters to VCs about Uniswap Labs’ unregistered exchange status
7️⃣ 🇺🇸 Marathon Digital started marking Bitcoin blocks as “Made in USA”
8️⃣#MetaMask partnered with Mastercard to launch a blockchain-based debit card
9️⃣Venezuelan government blocked access to #Binance,Twitter, and other services
🔟#VitalikButerin donated all “animal coins” received last year to charity
1️⃣1️⃣Binance resumed operations in India as a registered crypto exchange after a 7-month ban
1️⃣2️⃣Dubai court acknowledged #cryptocurrency as a valid form of salary payment
🚀 Passionate About #Blockchain and #CryptoNews? 🚀
Join our Medium publication for the hottest trends in #blockchain, #cryptocurrency, #DeFi, #NFTs, crypto gaming, #Web3, and smart contracts! 🔥
👉 Get the latest on crypto news, analysis, price predictions, and research reports. Click below👇👇
https://medium.com/coinpediasfintechnews
Join our Medium publication for the hottest trends in #blockchain, #cryptocurrency, #DeFi, #NFTs, crypto gaming, #Web3, and smart contracts! 🔥
👉 Get the latest on crypto news, analysis, price predictions, and research reports. Click below👇👇
https://medium.com/coinpediasfintechnews
Medium
Coinpedia – Medium
Crypto news at your fingertips: fresh insights, breaking updates, and expert analysis on price trends and predictions. Your go-to source for the latest blockchain innovations!
Launchpads are platforms where users can invest in new #cryptocurrency tokens before they are listed on broader markets, often through Initial DEX Offerings (#IDOs).
Ranking these launchpads by average Return on Investment (ROI) assesses the profitability of #investments made through them. We rank the launchpads based on the average ROI of tokens.
#Crypto #CryptoNews
Source: https://cryptorank.io/ico-analytics
Ranking these launchpads by average Return on Investment (ROI) assesses the profitability of #investments made through them. We rank the launchpads based on the average ROI of tokens.
#Crypto #CryptoNews
Source: https://cryptorank.io/ico-analytics
Is the US Falling Behind in Global #Crypto Dominance?😱
Democratic Rule Hurting America’s #Cryptocurrency Industry☹️
Don't Miss This Interesting Information 👇
https://coinpedian.substack.com/p/is-the-us-losing-its-edge-in-the
Democratic Rule Hurting America’s #Cryptocurrency Industry☹️
Don't Miss This Interesting Information 👇
https://coinpedian.substack.com/p/is-the-us-losing-its-edge-in-the
Substack
Is the US Losing Its Edge in the Crypto Startup Race?
What’s Behind Decline in US Crypto Startups?
Top #CryptoNews of This Week
1️⃣ Telegram’s #PavelDurov was detained in France for drug trafficking and fraud.
2️⃣ Inner Mongolia police detained Feixiaohao’s key team members for fraudulent exchanges.
3️⃣ China’s Supreme Court listed virtual currency cases as a key research topic for 2024.
4️⃣ Donald Trump promoted his #DeFi project, World Liberty, to make America a crypto hub.
5️⃣ CICC forecasted the Fed might cut rates 4–5 times based on economic conditions.
6️⃣ Japan PM Kishida highlighted #Web3 and #blockchain as solutions to societal issues at WebX.
7️⃣ Russia began a #cryptocurrency payment and trading pilot with the National Payment Card System.
8️⃣ The SEC issued a Wells notice to #OpenSea, possibly classifying NFTs as securities.
9️⃣ Maker Protocol rebranded as Sky, introducing new tokens USDS and SKY.
🔟 Founder of Yearn Finance Andre Cronje argued that #DeFi is essential for a decentralized society and traditional industry integration.
1️⃣ Telegram’s #PavelDurov was detained in France for drug trafficking and fraud.
2️⃣ Inner Mongolia police detained Feixiaohao’s key team members for fraudulent exchanges.
3️⃣ China’s Supreme Court listed virtual currency cases as a key research topic for 2024.
4️⃣ Donald Trump promoted his #DeFi project, World Liberty, to make America a crypto hub.
5️⃣ CICC forecasted the Fed might cut rates 4–5 times based on economic conditions.
6️⃣ Japan PM Kishida highlighted #Web3 and #blockchain as solutions to societal issues at WebX.
7️⃣ Russia began a #cryptocurrency payment and trading pilot with the National Payment Card System.
8️⃣ The SEC issued a Wells notice to #OpenSea, possibly classifying NFTs as securities.
9️⃣ Maker Protocol rebranded as Sky, introducing new tokens USDS and SKY.
🔟 Founder of Yearn Finance Andre Cronje argued that #DeFi is essential for a decentralized society and traditional industry integration.
The #Crypto Pioneers.
Six Oldest Cryptos Still Holding Strong in the Top 20!
#Bitcoin, #Ethereum, and other early #cryptocurrencies launched between 2009 and 2015 are still among the top 20, showing their resilience in a rapidly changing market.
#CoinPedia #Crypto #Blockchain #cryptocurrency
Six Oldest Cryptos Still Holding Strong in the Top 20!
#Bitcoin, #Ethereum, and other early #cryptocurrencies launched between 2009 and 2015 are still among the top 20, showing their resilience in a rapidly changing market.
#CoinPedia #Crypto #Blockchain #cryptocurrency
Last Week’s #Crypto Breakdown.
Major Developments and the Market Trends You Need to Know.
#CoinPedia #CryptoCommunity #cryptocurrency
Major Developments and the Market Trends You Need to Know.
#CoinPedia #CryptoCommunity #cryptocurrency
🌟Key Events to Watch in September Month
1️⃣ 06 Sep - US payrolls/Unemployment data.
2️⃣ 10 Sep - Presidential Debate in the U.S. (#Trump vs #Kamala)
3️⃣ 11 Sep - #CPI Data Update.
4️⃣ 12 Sep - #PPI Data Update.
5️⃣ 17-18 Sep - #FOMC Meeting.
6️⃣ 29 Sep - #CZ’s release from prison.
#Crypto #cryptocurrency #CryptoNews
1️⃣ 06 Sep - US payrolls/Unemployment data.
2️⃣ 10 Sep - Presidential Debate in the U.S. (#Trump vs #Kamala)
3️⃣ 11 Sep - #CPI Data Update.
4️⃣ 12 Sep - #PPI Data Update.
5️⃣ 17-18 Sep - #FOMC Meeting.
6️⃣ 29 Sep - #CZ’s release from prison.
#Crypto #cryptocurrency #CryptoNews
NFT sales hit rock bottom.
August 2024 Records $374M Drop!
In August 2024, #NFT market volume dropped below $400M for the first time this year, plummeting 76.6% from the $1.6B peak in March to $374.4M.
What does the future hold for NFTs?
#CoinPedia #CryptoCommunity #cryptocurrency #Crypto
August 2024 Records $374M Drop!
In August 2024, #NFT market volume dropped below $400M for the first time this year, plummeting 76.6% from the $1.6B peak in March to $374.4M.
What does the future hold for NFTs?
#CoinPedia #CryptoCommunity #cryptocurrency #Crypto