Crypto News - August 5, 2024

🔥 Highlights 🔥

🔹 BTC, ETH, and the entire market have dropped significantly. Weak employment data and fears of an economic recession have caused a decline in the stock market, affecting the crypto market sentiment.

🔹 Neiro transferred 17.1 billion NEIRO (4% of the total supply) to Vitalik's address and used this address to promote Vitalik as the largest holder. Subsequently, Vitalik sold 17.1 billion NEIRO for 44.4 ETH.

🔹 USDB, a stablecoin on Blast, has depegged by more than 5% to $0.9421.

🔹 Jump Trading recently swapped 120,000 wstETH, worth $410 million, for ETH and then moved it to CEXs like Binance and OKX.

📊 On-chain Analytics: Tokens Accumulated by Smart Money

1.$MKR 2. $LINK 3.$AAVE 4.CRV 5. PAAL

See more at: vinablockchain.com/