🗞 Summary of cryptocurrencies news for August 26, 2024
1. Over $7,000,000,000 in BTC shorts will be liquidated at a price of $70,500❗️
2. The probability that the Federal Reserve will cut interest rates by 25 basis points in September is 63.5% 🔽
3. Former Heartland Tri-State Bank CEO sentenced to more than 24 years in prison for alleged $47 million cryptocurrency fraud☄️
4. Telegram responds to CEO arrest: Telegram abides by EU laws, audits comply with industry standards and continues to improve
5. Stimulated by meme transactions, Tron’s DEX transaction volume increased by 457% in the past week🔴
6. Justin Sun's team address has exchanged BTC worth $188 million for WBTC💰
7. Possibly affected by related events, TON ecosystem meme coin Resistance Dog (REDO) rose by more than 130% in 24 hours🪙
8. Telegram Founder Parvel Durov's recent arrest in France has sparked widespread global support, all united in their protection of free speech and digital rights.✈️
9. Meme token Simon's Cat (CAT) market value exceeds US$250 million, up more than 46.5% in 24 hours
10. The market is bullish, but Bitcoin is still expected to fluctuate between $62,000 and $67,000 💊
11. 🔥The trading volume of DOGS exceeded $530 million within two hours of its launch, the market value was temporarily at $618 million