📈 #MarketNews — New ATH

BTC has just hit a new all-time high — $118,347.

ETH is trading above $3,000.

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📉 #MarketNews — BTC Dominance Declines

According to CoinMarketCap:

▸ Alt season Index — 56
▸ BTC Dominance — 60%
▸ Fear & Greed Index — 70

Amid this, CZ hinted at the start of FOMO Season.

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📩 #Linea — Tokenomics Breakdown

Linea just dropped its tokenomics: 85% of the tokens go to the ecosystem, while 15% are allocated to ConsenSys — and those will be locked for 5 years.

10% of the total supply is set aside for “Early Adopters,” which usually means "airdrop".

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📈 #MarketNews — ETH price increase

This morning, the price of ETH reached $4,200.

In 4 hours, $125 million worth of ETH shorts were liquidated.

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📈 #Telegram — New Gifts

Last night, Telegram dropped a new batch of gifts — and users snapped them all up in just 2 minutes.

The next set might be released around September 1.

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📈 #Ethereum — New ATH

A few hours ago $ETH reached $4 886, which is $30 above previous ATH that was hit in November 2021.

Currently $ETH is trading at ~$4 750.

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📈 #Linea — Airdrop Checker

Linea has published an official $LINEA airdrop checker: https://linea.build/hub/airdrop.

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📈 #Linea — TGE and listing

Token claiming is already open, you can collect them here: https://linea.build/hub/airdrop

Token price on Bybit: $0.032.

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📈 #MarketNews — The U.S. Fed cuts key interest rate

Fed rate: 4.25% (est: 4.25% / prev: 4.5%).

Historically, interest rate cuts and long-term economic stabilization have had a positive impact on $BTC.

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📈 #MarketNews — Strategy bought 8,178 $BTC.

The BTC were purchased at an average price of ~$102,171.

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📉 #MarketNews — US Macro

Nonfarm Payrolls: 119,000 (previous: 52,000);
Unemployment rate: 4.4% (previous: 4.3%)

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📈 #MarketNews — Texas Cryptoreserve

Texas has launched its cryptoreserve and already bought $5M of BlackRoct BTC ETF.

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📈 #MarketNews — BTC rises above $90,000

The main cryptocurrency gained $2,500 in an hour.

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📩 #zkSync — shutting down Lite

zkSync has officially announced it’s discontinuing the zkSync Lite network. From here on out, the team is shifting its focus to improving and developing zkSync Era.

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📈 #MarketNews — The U.S. Fed cuts key interest rate

Fed rate: 3,75% (est: 3,75% / prev: 4%).

Historically, interest rate cuts and long-term economic stabilization have had a positive impact on $BTC.

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📈 #MarketNews — US Macro Data

The US unemployment rate for November came in at 4.6%, which is 0.1% above forecasts and 0.2% higher than the previous report.

Because of this, the probability of a rate cut in January has edged up slightly. Still, the market believes the rate will remain unchanged at the next meeting.

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📈 #MarketNews — US Macro Data

The consumer price index rose 0.2% in November, or 2.7% on an annualized basis. Economists had expected a 3% increase on an annualized basis.

This decline may cause the Fed to refrain from making any decisions on interest rates.

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📩 #TrustWallet — Exploit in the browser version of the wallet

An update to version 2.68 of the extension was released overnight, in which an exploit was discovered.

Users had $7 million worth of cryptocurrency stolen.

Trust Wallet will compensate for the damage in full.

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📈 #MarketNews — Trump cancels tariffs against the EU

According to the US president, the basis for a future agreement on Greenland has been established.

In this regard, the tariffs that were supposed to come into effect on February 1 are being canceled.

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📉 #MarketNews — BTC below $86,000

Over the past hour, the price of BTC has fallen by $3,000.

Over the hour, $320 million in long positions have been liquidated.

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