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CRYPTO NEWS UPDATES | 1 SEP 2023 🔥 1. Gitcoin Passport has announced the launch of Onchain Stamps, allowing Passport holders to transfer their Passports on-chain and seamlessly integrate with the Ethereum ecosystem. Onchain Stamps is built on the Ethereum Attestation Service (EAS) and will initially be available on the OP mainnet. Plans are in place to expand Gitcoin Passport to other EVM-compatible chains. Through interoperable attestations, projects can choose relevant attestations to resist witch attacks and authorization. 2. Mike Kondoudis, a licensed trademark attorney with the United States Patent and Trademark Office (USPTO), has revealed that JP Morgan Chase has submitted a new trademark application for 'Chase Travel'. The bank plans to use the trademark for virtual currency financial transactions and travel intermediary services. This follows the USPTO's approval of the trademark registration for JP Morgan's virtual payment wallet, 'JP Morgan Wallet', in November last year. 3. recent data from CryptoSlam reveals a substantial decline in Bitcoin NFT sales in August, amounting to approximately $11.85 million. This represents an 81.7% decrease from July's $64.9 million and marks the lowest level since March 2023. Additionally, there were around 53,000 Bitcoin NFT sales transactions in August, with 14,888 unique buyers and 11,614 unique sellers. 4. the KBW Builder House: Soul in Seoul event will take place in Seoul, South Korea, from September 4th to 6th. The event is organized by HashKey, Undefined Labs, and Embrace Asia, and co-sponsored by Kontos, Relation, Shardeum, GoPlus, Kana Labs, and KEKKAI. Four panel discussions will be held, covering topics such as mass adoption, Web3 investment, gaming, and infrastructure. Speakers will include blockchain and cryptocurrency experts from China, Japan, and South Korea. 5. data from Dune Analytics reveals that there were 41,153 new Ethereum Name Service (ENS) domain registrations in August, a 32.6% increase compared to July's 31,029 registrations. #NEWS

CRYPTO NEWS UPDATES | 1 SEP 2023 🔥

1. Gitcoin Passport has announced the launch of Onchain Stamps, allowing Passport holders to transfer their Passports on-chain and seamlessly integrate with the Ethereum ecosystem. Onchain Stamps is built on the Ethereum Attestation Service (EAS) and will initially be available on the OP mainnet. Plans are in place to expand Gitcoin Passport to other EVM-compatible chains. Through interoperable attestations, projects can choose relevant attestations to resist witch attacks and authorization.

2. Mike Kondoudis, a licensed trademark attorney with the United States Patent and Trademark Office (USPTO), has revealed that JP Morgan Chase has submitted a new trademark application for 'Chase Travel'. The bank plans to use the trademark for virtual currency financial transactions and travel intermediary services. This follows the USPTO's approval of the trademark registration for JP Morgan's virtual payment wallet, 'JP Morgan Wallet', in November last year.

3. recent data from CryptoSlam reveals a substantial decline in Bitcoin NFT sales in August, amounting to approximately $11.85 million. This represents an 81.7% decrease from July's $64.9 million and marks the lowest level since March 2023. Additionally, there were around 53,000 Bitcoin NFT sales transactions in August, with 14,888 unique buyers and 11,614 unique sellers.

4. the KBW Builder House: Soul in Seoul event will take place in Seoul, South Korea, from September 4th to 6th. The event is organized by HashKey, Undefined Labs, and Embrace Asia, and co-sponsored by Kontos, Relation, Shardeum, GoPlus, Kana Labs, and KEKKAI. Four panel discussions will be held, covering topics such as mass adoption, Web3 investment, gaming, and infrastructure. Speakers will include blockchain and cryptocurrency experts from China, Japan, and South Korea.

5. data from Dune Analytics reveals that there were 41,153 new Ethereum Name Service (ENS) domain registrations in August, a 32.6% increase compared to July's 31,029 registrations.

#NEWS

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🔴 BTCUSD All bloggers promise growth, but let's try to look at it from a different angle. Right now we are seeing a “rebound.” Each time an important level is hit, either up (resistance) or down (support), the market reacts with a move to the opposite side, in this case a "price jump" or "bounce." ➖ How we do know if this is just a bounce instead of the start of a new bullish wave? The trading volume gives it away... There is no volume. And of course, the market movers (whales/exchanges) will definitely liquidate the SHORTs before producing a new low. You see, Crypto is deposited into the exchange. You use this Crypto to buy stuff. When this Crypto sits around on the exchange wallet, they take this money and loan it out and you get something... Sometimes, if you are in the earn program if not, they make money on your money and that's ok but the problem is that now the market turns. ➖ If you are trading spot, the value of your Cryptos can rise or fall —nothing happens; just wait. ➖ If you are using margin or leverage, your entire account can be gone. That's why there is a move up before going lower, because the whales want money... And many people use too much leverage; now, that's their fault. We are not going to single out whales and exchanges, everybody is working to make money, that's the final goal. The reason why these people get liquidated is not because billionaires are evil, but because their leverage is too high, we are talking about 15X, 20X, 25X etc. In truth, 1-2X first and then we use a little more. Anything higher without years of planning can be called gambling, but i don't know. I am not a gambler so I can't really say, I only read the charts. I've been around "leveraged trading" and if you are not a professional, it is very likely that you are fooling yourself and wasting money as you go. $BTC #bitcoin #BTC #btcusdt #BitcoinPriceUpdate
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