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The Solana (SOL) network has significantly benefited from meme coin trading, with dogwifhat (WIF) as the largest by market cap and daily trading volume.
The Binance ecosystem has continued to build necessary infrastructures to onboard more web3 users and developers in a regulated environment.
The Fed’s FOMC minutes on Wednesday signaled a high chance of interest rate cut next month, which is considered bullish for Bitcoin and the entire crypto market.
The Base network has registered a significant increase in users due to its reliability and indispensable support from Coinbase and its partners.
Following the strategic partnership between Conflux and China Mobile, a digital collective series dubbed ‘MIGO and His Friend ConFi’ will be unveiled on August 23.
The Tron network has officially welcomed its meme coin season after remaining in stealth mode for the past years.
The top stablecoins issuers have significantly heightened their minting process, thus increasing the overall purchasing power for Bitcoin and other crypto assets.
The Invite team intends to conduct monthly burns until the total supply reduces by 75 percent, thus channeling the benefits to its community.
Institutional investors have continued to accumulate more Bitcoin units through spot BTC ETFs, crypto stocks, and direct acquisition amid the heightened fear of further capitulation.
The increased fear of further crypto capitulation has given some Bitcoin whales, led by Marathon Digital, an opportunity to buy at discounted prices.