Crypto Market Cap Recaptures $2 Trillion Crown As Bitcoin Price Blasts Past $59,000
Bitcoin surged past $59,000 early Wednesday morning, adding over 4% over the last 24 hours as upbeat market sentiment and massive inflows into spot Bitcoin exchange-traded funds (ETFs) propelled BTC’s price higher.
Bitcoin’s impressive resurgence has electrified the broader cryptocurrency market, including ether (ETH) and other digital assets, which has now reclaimed the $2 trillion milestone for the first time since April 2022.
Bitcoin surged past $59,000 early Wednesday morning, adding over 4% over the last 24 hours as upbeat market sentiment and massive inflows into spot Bitcoin exchange-traded funds (ETFs) propelled BTC’s price higher.
Bitcoin’s impressive resurgence has electrified the broader cryptocurrency market, including ether (ETH) and other digital assets, which has now reclaimed the $2 trillion milestone for the first time since April 2022.
Analyst Highlights Encouraging Metric for Solana Bulls Amid Calls For New SOL All-Time High Price
Following a strong quarter, Solana (SOL) has been the subject of intense scrutiny and analysis by traders and analysts alike, even as the cryptocurrency tries to recapture its November 2021 all-time highs.
This week, Solana’s price has pulled back slightly after hitting a high of $210, prompting questions about its future trajectory. Meanwhile, analysts have been quick to chime in on the situation, with popular chartist Decentrader highlighting a potentially encouraging metric for Solana bulls.
Following a strong quarter, Solana (SOL) has been the subject of intense scrutiny and analysis by traders and analysts alike, even as the cryptocurrency tries to recapture its November 2021 all-time highs.
This week, Solana’s price has pulled back slightly after hitting a high of $210, prompting questions about its future trajectory. Meanwhile, analysts have been quick to chime in on the situation, with popular chartist Decentrader highlighting a potentially encouraging metric for Solana bulls.
SNUKE Presale Skyrockets, Almost 500 SOL Raised In Days, Poised To Become The Next Solana Meme Coin Sensation
The anticipation for the Bitcoin bull season is building, and the excitement is palpable throughout the cryptocurrency community. As enthusiasts prepare for the upcoming surge, Solana meme coins have become particularly popular, with tokens like BOME seeing returns as high as 1000X.
Amidst this excitement, SNUKE, a meme coin infused with the audacious humor of “South Park” is carving out its space on the Solana blockchain. With a presale that’s quickly gaining momentum.
The anticipation for the Bitcoin bull season is building, and the excitement is palpable throughout the cryptocurrency community. As enthusiasts prepare for the upcoming surge, Solana meme coins have become particularly popular, with tokens like BOME seeing returns as high as 1000X.
Amidst this excitement, SNUKE, a meme coin infused with the audacious humor of “South Park” is carving out its space on the Solana blockchain. With a presale that’s quickly gaining momentum.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
A Stronger Web 3.0 Means (Strategically) Working With Centralized Entities
The crypto industry is unlike any other space for many reasons. But perhaps the primary difference between crypto – and Web 3.0 in general – and mainstream tech or the auto industry, for example, is removing dependency on centralized, trusted authorities.
From DAOs and DEXs to DApps, DeFi (decentralized finance) is an irreplaceable tenet of crypto and blockchain – and therefore Web 3.0.
Now that traditional financial institutions – the polar opposite of decentralized organizations – seek exposure to crypto and DeFi, the industry is at a fork in the road.
The crypto industry is unlike any other space for many reasons. But perhaps the primary difference between crypto – and Web 3.0 in general – and mainstream tech or the auto industry, for example, is removing dependency on centralized, trusted authorities.
From DAOs and DEXs to DApps, DeFi (decentralized finance) is an irreplaceable tenet of crypto and blockchain – and therefore Web 3.0.
Now that traditional financial institutions – the polar opposite of decentralized organizations – seek exposure to crypto and DeFi, the industry is at a fork in the road.
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Promontory Technologies Launched its Alpha Fund, a multi-strategy approach to trade liquid-listed digital assets
Promontory Technologies is thrilled to introduce the Promontory Alpha Fund, a cutting-edge investment vehicle that employs a quantitative, systematic, multi-strategy approach to trading liquid-listed digital assets. The fund is structured to be market-neutral and minimize significant losses, providing a BVI vehicle for non-US investors and a Delaware LP for US investors.
Promontory Technologies is thrilled to introduce the Promontory Alpha Fund, a cutting-edge investment vehicle that employs a quantitative, systematic, multi-strategy approach to trading liquid-listed digital assets. The fund is structured to be market-neutral and minimize significant losses, providing a BVI vehicle for non-US investors and a Delaware LP for US investors.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Kamala Harris Needs to Come Up with a Crypto Strategy, as Trump Goes Pro-Bitcoin
Vice President Kamala Harris faces increasing pressure to clarify her stance on cryptocurrency as the 2024 election approaches or risk losing the crypto industry’s support to former President Donald Trump. A new report from the Official Monetary and Financial Institutions Forum (OMFIF) underscores the urgency for Harris to engage with the crypto community more effectively.
Democrats Urge Party to Embrace Crypto and BlockchainTrump has gained favor within the crypto community by promising supportive regulations and advocating for a U.S. Bitcoin reserve. He has received significant support online partly because the crypto community has long felt neglected by current policies. This was particularly evident during the National Bitcoin Conference in Nashville where Trump gave a speech, cementing his position as a crypto-friendly figure.
However, some critics have accused Harris’s campaign of lacking sufficient confidence about their digital assets. Ro Khanna and Wiley Nickel are Democratic Representatives who advocated for a fair approach to regulating blockchain technologies at the National Bitcoin Conference held in Nashville. While Kamala Harris skipped the event, her administration seemed to be more favorable to the cryptocurrency than President Biden.
Vice President Kamala Harris faces increasing pressure to clarify her stance on cryptocurrency as the 2024 election approaches or risk losing the crypto industry’s support to former President Donald Trump. A new report from the Official Monetary and Financial Institutions Forum (OMFIF) underscores the urgency for Harris to engage with the crypto community more effectively.
Democrats Urge Party to Embrace Crypto and BlockchainTrump has gained favor within the crypto community by promising supportive regulations and advocating for a U.S. Bitcoin reserve. He has received significant support online partly because the crypto community has long felt neglected by current policies. This was particularly evident during the National Bitcoin Conference in Nashville where Trump gave a speech, cementing his position as a crypto-friendly figure.
However, some critics have accused Harris’s campaign of lacking sufficient confidence about their digital assets. Ro Khanna and Wiley Nickel are Democratic Representatives who advocated for a fair approach to regulating blockchain technologies at the National Bitcoin Conference held in Nashville. While Kamala Harris skipped the event, her administration seemed to be more favorable to the cryptocurrency than President Biden.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Could Be Satoshi? Decade-Old Bitcoin Wallet Mysteriously Springs Back To Life With $8 Million In BTC
In a notable development for the crypto community, a dormant Bitcoin (BTC) wallet that had been untouched for over a decade has suddenly sprung back to life, transferring a staggering $8 million worth of the cryptocurrency to an external wallet.
According to a Monday tweet by popular crypto tracking platform Whale Alert, the address in question had been dormant for an astounding 10.8 years, holding 146 BTC.
In a notable development for the crypto community, a dormant Bitcoin (BTC) wallet that had been untouched for over a decade has suddenly sprung back to life, transferring a staggering $8 million worth of the cryptocurrency to an external wallet.
According to a Monday tweet by popular crypto tracking platform Whale Alert, the address in question had been dormant for an astounding 10.8 years, holding 146 BTC.
The new big memcoin on SunPump is gaining momentum
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
ADDICT is a token that impressed the users of SunPump with its narrative and conceptual art and broke into the top Ranking. It is enough just to look at the website, Telegram or Twitter of this project and it becomes clear that we are facing a very unorthodox player in the world of one-type pictures with dogs.
The token page on SunPump: https://sunpump.meme/token/TU25NpvYnW9YKQSD15yWJQEh9ov1NJrTEU
sunpump.meme
Sun Pump | The First Meme Fair Launch Platform on Tron:swap,earn,meme culture,instantly tradable without having to
seed liquidity
seed liquidity
The First Meme Fair Launch Platform on Tron:swap,earn,meme culture,instantly tradable without having to seed liquidity
Shiba Inu, Dogecoin Now Held as Long as Ether As Memecoin Holders’ Confidence Surges
As investors grapple with the cryptocurrency market’s next moves amid recent turbulence driven by geopolitical and economic concerns, attention is shifting away from established top-cap coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) toward the burgeoning appeal of meme coins.
Notably, with speculation about an upcoming altcoin season, many traders are revisiting the allure of meme coins, which have historically demonstrated remarkable price surges during bullish market cycles. Currently, Dogecoin (DOGE) and Shiba Inu (SHIB) are capturing significant investor traction, reflecting a notable change in market sentiment.
As investors grapple with the cryptocurrency market’s next moves amid recent turbulence driven by geopolitical and economic concerns, attention is shifting away from established top-cap coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA) toward the burgeoning appeal of meme coins.
Notably, with speculation about an upcoming altcoin season, many traders are revisiting the allure of meme coins, which have historically demonstrated remarkable price surges during bullish market cycles. Currently, Dogecoin (DOGE) and Shiba Inu (SHIB) are capturing significant investor traction, reflecting a notable change in market sentiment.
Pump.fun Fee Account Moves $200 Million Worth of Solana to Kraken; What’s Going On?
Solana-based meme coin launchpad Pump Fun has drawn the wider community’s attention following recent transfers. According to Lookonchain data, Pump Fun has continued its huge Solana deposits to centralized crypto exchanges. At press time, the figure had exceeded 998,869 SOL, about $200 million, with traders monitoring asset movements.
On July 29, the platform deposited 65,000 SOL worth approximately $15.2 million, raising the total amount deposited on Kraken to 798,869. Out of this number, the platform sold 264,373 worth over $41 million. A series of sales followed this move as the crypto continued to soar.
Solana-based meme coin launchpad Pump Fun has drawn the wider community’s attention following recent transfers. According to Lookonchain data, Pump Fun has continued its huge Solana deposits to centralized crypto exchanges. At press time, the figure had exceeded 998,869 SOL, about $200 million, with traders monitoring asset movements.
On July 29, the platform deposited 65,000 SOL worth approximately $15.2 million, raising the total amount deposited on Kraken to 798,869. Out of this number, the platform sold 264,373 worth over $41 million. A series of sales followed this move as the crypto continued to soar.
SEC Unveils Crypto 2.0 Initiative, Strengthens Digital Asset Regulations
Story Highlights
SEC launches Crypto 2.0 for stricter digital regulations.SEC targets off-chain crypto trades with tighter oversight.Presidential Task Force to unify crypto regulations nationwide.Crypto firms to face stricter compliance under SEC framework.The U.S. Securities and Exchange Commission (SEC) has announced the advancement of its “SEC Crypto 2.0” initiative. It signals a stronger regulatory framework for digital asset securities. As part of this initiative, the agency has also proposed the establishment of a Presidential Task Force on Cryptocurrency. The newly established task force serves to monitor and coordinate federal agency activities.
SEC Proposes Amendments to Securities Exchange Act for Crypto RegulationDigital asset securities purchases through on-blockchain and off-blockchain systems must adhere to identical reporting rules that apply to regular securities. This regulatory change aims to make the digital asset market more transparent. On the other hand, they will be providing better investor protection through a formal regulatory structure.
One crucial part of the program involves intensified monitoring of activities outside chain boundaries. This includes both OTC trades and communications on decentralized platforms. The SEC has recognized these spaces because they represent high-risk areas and lack proper oversight thus the agency established them as essential targets for improved monitoring. The agency established directed reporting standards to minimize economic injuries that stem from fraud or market manipulation across digital asset activities.
Story Highlights
SEC launches Crypto 2.0 for stricter digital regulations.SEC targets off-chain crypto trades with tighter oversight.Presidential Task Force to unify crypto regulations nationwide.Crypto firms to face stricter compliance under SEC framework.The U.S. Securities and Exchange Commission (SEC) has announced the advancement of its “SEC Crypto 2.0” initiative. It signals a stronger regulatory framework for digital asset securities. As part of this initiative, the agency has also proposed the establishment of a Presidential Task Force on Cryptocurrency. The newly established task force serves to monitor and coordinate federal agency activities.
SEC Proposes Amendments to Securities Exchange Act for Crypto RegulationDigital asset securities purchases through on-blockchain and off-blockchain systems must adhere to identical reporting rules that apply to regular securities. This regulatory change aims to make the digital asset market more transparent. On the other hand, they will be providing better investor protection through a formal regulatory structure.
One crucial part of the program involves intensified monitoring of activities outside chain boundaries. This includes both OTC trades and communications on decentralized platforms. The SEC has recognized these spaces because they represent high-risk areas and lack proper oversight thus the agency established them as essential targets for improved monitoring. The agency established directed reporting standards to minimize economic injuries that stem from fraud or market manipulation across digital asset activities.
Empowering Your Everyday Finance: Meet OKX Pay
Key Takeaways:
Practical Self-Custody: Private keys split between you and OKX for easy recovery and iron-clad security.Seamless Stablecoin Payments: Send USDT/USDC globally in a few taps, with zero fees and instant settlement.Hands-Off Yield: “Silent Rewards” auto-stake your balance in low-risk on-chain protocols—no lockups, no extra steps.Built on X Layer: OKX’s ZK-based layer-2 ensures ultra-fast, gas-free transactions.Future-Ready Integrations: Plans to bring Mastercard, Stripe, and other PSPs on board for in-store crypto payments.A Note from OKX LeadershipToday, we’re unveiling OKX Pay—a breakthrough crypto payment solution embedded directly in the OKX app. Designed for more than 100 million users worldwide, OKX Pay marries self-custody, global money movement, and automatic yield in one intuitive interface. OKX’s goal is simple: make crypto as effortless as sending a text message.
Key Takeaways:
Practical Self-Custody: Private keys split between you and OKX for easy recovery and iron-clad security.Seamless Stablecoin Payments: Send USDT/USDC globally in a few taps, with zero fees and instant settlement.Hands-Off Yield: “Silent Rewards” auto-stake your balance in low-risk on-chain protocols—no lockups, no extra steps.Built on X Layer: OKX’s ZK-based layer-2 ensures ultra-fast, gas-free transactions.Future-Ready Integrations: Plans to bring Mastercard, Stripe, and other PSPs on board for in-store crypto payments.A Note from OKX LeadershipToday, we’re unveiling OKX Pay—a breakthrough crypto payment solution embedded directly in the OKX app. Designed for more than 100 million users worldwide, OKX Pay marries self-custody, global money movement, and automatic yield in one intuitive interface. OKX’s goal is simple: make crypto as effortless as sending a text message.
Payments Giant Stripe Says Banks ‘Very Interested’ in Potentially Using Stablecoins: Report
The payment processing firm Stripe reportedly held early talks with banks regarding the potential for the financial firms to begin using stablecoin technology.
Stablecoins are digital tokens designed to maintain a constant value against a fiat currency such as the US dollar.
To date, there are about $243 billion worth of these assets in circulation, and citing a statement from Stripe co-founder and president John Collison, Bloomberg reports that banks are eager to engage with stablecoins.
The payment processing firm Stripe reportedly held early talks with banks regarding the potential for the financial firms to begin using stablecoin technology.
Stablecoins are digital tokens designed to maintain a constant value against a fiat currency such as the US dollar.
To date, there are about $243 billion worth of these assets in circulation, and citing a statement from Stripe co-founder and president John Collison, Bloomberg reports that banks are eager to engage with stablecoins.