📢Macro
⚫️The #NASDAQ has dropped by 4% to 17.3k, and gold prices are down by 2% at 2375.
⚫️Stocks had their worst day in two years, losing $1.1 trillion in value.
⚫️Tesla's stock dropped by 12%, making it one of the biggest losers among tech companies.
⚫️Elon Musk debunked a story claiming he donated $45 million.
💰 Crypto
⚫️Bitcoin's price has dropped by 3% to $64.2k, Ethereum has fallen by 8% to $3175, and Solana is down by 5% at $169.
⚫️The cryptocurrencies that gained the most recently are #TRX and FTN.
⚫️Bitcoin funds gained $44 million, while Ethereum funds lost $133 million.
⚫️There have been $250 million in market liquidations recently.
⚫️Ethereum's open interest on the CME has reached an all-time high.
⚫️Bitcoin whales have purchased $23 billion worth of Bitcoin in July.
⚫️Solana's active addresses have hit an all-time high.
⚫️Bitstamp is distributing Bitcoin from Mt. Gox today.
⚫️Russia is set to legalize crypto mining and payments.
⚫️Vice #President Harris will not attend the Bitcoin event in Nashville.
⚫️VanEck predicts Bitcoin's price could reach $52 million by 2050.
⚫️Hashdex has applied to start a mixed Bitcoin and Ethereum ETF.
⚫️Coinbase is creating a fund that will use tokenized government securities.
⚫️Polymarket is collaborating with #Moonpay to simplify buying cryptocurrencies.
⚫️Ferrari has started accepting cryptocurrencies for payments in Europe.
⚫️Riot Blockchain has purchased another mining company for $93 million.
🌟 Web3 & NFT
⚫️Trending cryptocurrencies in niche markets include SCF, SELFIE, CLOWN, and MUMU.
⚫️The most popular NFT collections right now are Bando Kids and Kanpai Pandas.
⚫️Despite a general downturn, top meme coins are still performing relatively well.
⚫️MUMU's value broke through $100 million after a large purchase by a single investor.
⚫️Celebrity-themed meme coins have lost 94% of their value on average.
⚫️The top user of #Blur has left the Blast project.