#Top_cryptocurrency_news on August 24

⚡️ At $2 million per BTC in 2040, the Bitcoin network will consume 894 TWh. Data - Arcane Research.

📊 Nike has earned the most from the sale of NFTs - $185 million.

📈 On the eve of the merger, miners accumulated a record 254,846 ETH in the last three years.

❌ A former OpenSea manager stated that NFTs are not classified as securities, which means he cannot be prosecuted for insider trading.

💸 SudoRare developers committed a big oll rugpull, stealing 519 ETH ($815,000).

🚧 An Argentinian presidential candidate is accused of promoting a cryptopyramid scheme.

✅ Credit NFT platform BendDAO adopted a solution to combat the liquidity crisis.

🔒 A hacker unsuccessfully tried to attack the Rainbow bridge and lost 5 ETH.

💪 Binance will make zero fees in the ETH/BUSD pair from August 26 to September 26.

Just In: It’s Official, Ethereum Confirms Mainnet Schedule For PoS Merge

The Foundation said the Bellatrix upgrade is scheduled for on September 6, as announced earlier. Whereas the terminal total difficulty value triggering the Merge at 58750000000000000000000 is expected between Sept 10-20.

3 weeks to the MERGE

ETH is too strong with heavy negative funding.

Binance has postponed delisting of #BLZ and the price is pumped as a result lol. Wild wild wild

https://www.binance.com/en/support/announcement/ebe08acbf4384a6fa7439e1014d6c566

Binance has a new feature, namely locked staking & locked savings notifications, so if suddenly the quota is available, the Binance application will automatically notify you.

This is not a Shitcoin or meme stock . It’s electricity prices in Europe lol

Binance - Notice Regarding the Upcoming Ethereum Merge

https://www.binance.com/vi/support/announcement/205de0801a4741c98270fdea6cb06697

Gate.io has opened their airdrop promotion for $SquidGrow

Squidgrow is expected to gain another 10,000+ holders upon the listing on Gate.io. Incredible interest in the meme coin created by a Crypto Billionaire. Is this the next Shib?

I think we are in for some incredible marketing soon too

Project Links
📊Chart | 💬Telegram | 🐦Twitter | 🌐Website

as expected the Binance listing of Stargate resulted in an incredible pump up. These listings are often worth the risk

US FED Chairman Powell will be speaking today at around 2:00 PM UTC.

This speech will give us idea about what to expect in upcoming September rate hikes.
So expect some volatility and chop in the market.

USA / China Regulatory Cooperation?

US SEC has just released statement detailing the agreement governing inspections and investigations of audit firms based in China and Hong Kong, which marks the first time they received such detailed and specific commitments from China that they would allow PCAOB inspections and investigations.

How will this effect the larger market? I am unsure , but it seems regulation and international cooperation in regards to blockchain are happening faster than we expect.

from the article;
"Further, if foreign issuers want access to our public capital markets, they must be on a level playing field with U.S. firms."

» https://www.sec.gov/news/statement/gensler-audit-firms-china-hong-kong-20220826

Historically , September has always been a bloodbath. Can we expect a rebound like we have seen in previous years?

🌈 Gate.io Startup Free Offering: Dogechain (DC)

💰 Subscribe to Claim $51,000 DC Airdrop for Free

📍WHEN? 08:00 AM, August 27 —August 28 (UTC)

📍WHO? All Gate.io users with (KYC2)

📍Trade Starts: 11:00 AM, August 28 (UTC)

🌟 Participate in #DC Startup 🌟
— https://www.gate.io/startup/581

📗 Read About: [ Startup Guidance ]

💎 Don't Have an Account?
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📢 Subscribe For More Updates:
➠ [ Gateio News || Startup Twitter ]

📒 Full Announcement:
➠ https://www.gate.io/article/27697

Looks like Pinksale has gone the way of the dog, supporting dogechain and Wdoge Presale, fair launch, dutch auction, and special "Subscription"

DEXs: #DogeSwap and @Yodeswap.

Announcement by Pinksale:
https://twitter.com/pinkecosystem/status/1563548938070020098

R.I.P

Hal Finney

May 4, 1956 - August 28, 2014

the encryption legend who tested the first ever #bitcoin transaction.

Some have even theorized that he is the most likely candidate to be, or at least know Satoshi .

I guess the world will never know for sure.

Instagram and Facebook is now introducing support for NFTs and digital wallets. An expected update from Meta and Zuckerburg

Top trending memes right now

I see a very familiar #4

Squidgrow is definitely the most impressive memecoin of the quarter , let's see how the momentum for the rest of the year is

📊Chart | 💬Telegram | 🐦Twitter | 🌐Website

ETH MERGE NEWS:

Updated Estimated Merge Date:

>> Tue Sep 13 23:08:01 UTC 2022 <<

US Aug Unemployment Rate 3.7%; Consensus 3.5%

Generally there is an inverse relationship between unemployment and inflation. Quite interesting to see how the market responds to this release.