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This Is Where the United States Ranks in Terms of Global Crypto Adoption, According to Chainalysis

Blockchain analysis firm Chainalysis is unveiling the 2023 Global Crypto Adoption Index in a new report.

According to Chainlysis, the United States ranks fourth globally with regard to crypto adoption, behind India, Nigeria and Vietnam.

The United States and Canada are the only countries from North America in the top 20. Canada is ranked 19th in the 2023 Global Crypto Adoption Index.
One Bitcoin Indicator Strongly Suggesting BTC Not Going Back To Significantly Lower Prices: Jason Pizzino

A popular crypto analyst thinks one metric indicates Bitcoin (BTC) is likely to continue upward rather than reversing course.

In a new YouTube video, Jason Pizzino tells his 291,000 YouTube subscribers to pay attention to the market-value-to-realized-value (MVRV) Z-score, which pulls out the extremes in the data between market value and realized value to attempt to identify long-term trend reversals.
Trillion-Dollar Asset Manager Franklin Templeton: There’s Obviously Demand for Bitcoin

The CEO of Franklin Templeton, a $1.33 trillion asset manager, says there’s “obviously” a demand for bitcoin, noting that a spot bitcoin exchange-traded fund (ETF) is “a better way” to access the cryptocurrency. The executive added: “It’s going to unlock nontraditional, noncorrelated types of asset classes that are going to be interesting for our clients.”

Franklin Templeton Sees Demand for BitcoinFranklin Templeton Investments CEO Jenny Johnson shared her perspective on bitcoin and bitcoin exchange-traded funds (ETFs) in an interview with Fortune last week. The firm reported $1.33 trillion in assets under management as of Oct. 31.

EOS Price Analysis: Bulls Face Key Hurdle at $0.78

EOS price is struggling below $0.800 against the US Dollar, unlike Bitcoin. The price might attempt to recover if there is a clear move above $0.780.

EOS Price AnalysisIn the past few days, EOS price saw a fresh decline from the $0.888 resistance against the US Dollar. The price traded below the $0.820 and $0.800 levels to move into a bearish zone.

The pair even traded below the $0.750 support. A low has formed near $0.6684, and the price is now consolidating losses. There was a minor increase above the $0.720 resistance zone. It recovered above the 23.6% Fib retracement level of the downward move from the $0.8955 swing high to the $0.6684 low.
Bitcoin Flips Visa And Elon Musk’s Tesla As BTC Price Finally Clutches $50,000

Spot Bitcoin exchange-traded fund (ETF) inflows helped aid the oldest crypto’s surge above the $49,000 mark. Bitcoin’s move higher makes its market capitalization bigger than that of Wall Street stalwarts, including Elon Musk’s electric carmaker Tesla and American payment provider Visa.
Heco Bridge Exploiters Funnel $145,700,000 Worth of Ethereum Into the Crypto Mixer Tornado Cash: PeckShield

The hackers who struck Heco Bridge, a project linked to Tron (TRX) founder Justin Sun, have been funneling their stolen Ethereum (ETH) into the sanctioned crypto mixer Tornado Cash (TORN).

The blockchain security firm PeckShield notes the exploiters sent 40,391.8 ETH worth approximately $145.7 million to Tornado Cash in the past eight days.
Quickex Expands Crypto Options with Over 200 Coins Available On Its Exchange Platform

Quickex, a state-of-the-art cryptocurrency exchange platform, proudly announces that it has successfully supported more than 200 coins on its platform. This groundbreaking development will transform how users trade and enhance their overall trading experiences. This forward-thinking move demonstrates Quickex’s commitment to meeting its users’ evolving demands and maintaining its position in the competitive crypto exchange industry.
Ripple CEO Brad Garlinghouse Says This Is What the Crypto Industry Needs To Focus on To Drive Mass Adoption

The CEO of Ripple Labs says that in order for the crypto industry to drive mass adoption it needs to focus on one key aspect.

In a new interview at the XRP Ledger Apex 2024 event, Ripple Labs head Brad Garlinghouse says that for the crypto industry to grow exponentially real use cases need to be developed.

“Customers don’t care which technology you’re using. They want their problem solved…
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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 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.
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
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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.
New Ripple’s XRP All-Time High Price Beckons Amid 35% Upsurge In A Week and Bullish Historic Alignment

Six years after clinching its all-time high of $3.40, experts say XRP is inching its way to setting a new trading record following a streak of bullish narratives over the last week.

According to a Santiment report on X (formerly Twitter), XRP is basking in the highs of several positives that have sent the asset to double-digit highs over the last week. Among the top large-cap cryptocurrencies, XRP gained the most value over the last week, climbing by 35% to $0.60%.
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.
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.
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.
India’s CBDC Program Has Now Surpassed 5 Million Users

India’s CBDC program has onboarded at least 5 million users and witnesses participation from 16 banks, revealed Shantikanta Das, the Governor of the Reserve Bank of India, the country’s central bank. In his talk on Monday in the Indian city of Bengaluru, Das mentioned the magnitude the program has grown to, but made the RBI’s stance on taking it slow clear.

“It is important to emphasise that there should not be in any rush to roll out system-wide CBDC before one acquires a comprehensive understanding of its impact on users, on monetary policy, on the financial system and on the economy,” Das mentioned. “Actual introduction of CBDC can be phased in gradually.”
TeleportDAO Offers a Decentralized Solution for WBTC to BTC Swapping

Location, August 27, 2024 — In response to growing concerns over the centralized control of Wrapped Bitcoin (WBTC), TeleportDAO is enabling users to swap WBTC for native Bitcoin (BTC) using its decentralized TeleSwap protocol. This service addresses security and transparency issues by providing a trustless alternative for converting WBTC to BTC across multiple blockchain networks.

Wrapped Bitcoin (WBTC) has long been a popular solution for bringing Bitcoin liquidity into Ethereum and other blockchain ecosystems. However, recent developments have cast a shadow over WBTC due to its centralized custodianship. Notably, MakerDAO recently passed a proposal on August 15 to reduce its exposure to WBTC, citing concerns over the asset’s custody being transferred to a joint venture involving BitGo and BiT Global. This also includes a partnership with the controversial figure Justin Sun, the founder of the Tron Blockchain. This has raised alarms within the DeFi community, with other platforms like Aave also considering distancing themselves from WBTC.