🇫🇷 BREAKING NEWS: TELEGRAM CEO PAVEL DUROV TAKEN TO COURT IN PARIS

#Telegram CEO #PavelDurov was transported to a Paris court today, August 28, 2024. Reports indicate that two cars with flashing lights were seen leaving the National Anti-Fraud Bureau in the Paris suburbs, where Durov had been detained. The court appearance follows the end of his initial detention period.

Sources: RIA Novosti, AFP News

#Crypto #CryptoNews

#Dogecoin ($DOGE) has outpaced the entire AI crypto sector in market cap, proving once again the power of community & memes 🐶.

Despite the AI buzz, DOGE’s market cap is bigger than all #AI #cryptos combined! 🤯 It’s not just a coin, it’s a movement.

#DOGEtoTheMoon 🌕🚀 #CryptoNews #Memecoin

🇺🇸 A day packed with action in the U.S. markets Today! Eyes are on the 2nd estimate of Q2 #GDP, but the main event? The latest weekly #joblessclaims data.

Lately, markets have reacted more to bad claims data (higher numbers) than the good ones. Expect potential volatility if claims pop higher—brace for a wild ride!
https://coinpedian.substack.com/p/key-events-to-watch-this-week-in-d54

#USGDP #JoblessClaims #MarketWatch #Crypto #CryptoNews

Judge Dismisses $258 Billion Dogecoin Manipulation Case Against Musk

🔵US District Court dismissed lawsuit alleging #ElonMusk and #Tesla manipulated #Dogecoin's price.

🔵Court found no reasonable investor relied on Musk’s Dogecoin-related tweets.

🔵The lawsuit claimed $258 billion in damages; it was dismissed on August 29.

🔵Judge noted Musk’s tweets included exaggerated and misleading statements about Dogecoin.

#crypto #cryptonews

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

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.

🌟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

🚨 August was the toughest month for #Bitcoin miners in 2024!

Miner revenue hit $827.56M, a 10.5% drop from July’s $927.35M, but up 5% from last year.

This drop follows a surge in mining difficulty and decreased transaction volumes after April’s halving reduced block rewards by 50%. ⛏🔍

#Bitcoinhalving #Crypto #Mining #CryptoNews #Coinpedia

How Much #Bitcoin for an #iPhone?

Imagine buying an iPhone today with Bitcoin—how much would you need? Let’s take a quick look at how this number has changed over the years as Bitcoin’s price skyrocketed.

#Crypto #CryptoNews