📢Macro
⚫️The NASDAQ index dropped by 1%, and gold prices are also down by 1%.
⚫️Stocks have had their worst week since April due to what's called a 'summer cooling' off period.
⚫️The VIX, which measures market volatility, usually goes up during the summer.
⚫️The CrowdStrike outage led to an increase in businesses using cash.
⚫️The oxygen levels in Earth’s water are dropping quickly.
💰 Crypto
⚫️Bitcoin's price has increased by 4% to $66.5k. Ethereum is up 2% at $3,485. Solana also rose by 4% to $169.
⚫️The cryptocurrencies with the most gains are SEI, ORDI, POPCAT, AR, BONK, and TIA.
⚫️Bitcoin funds received $384 million more.
⚫️Cryptocurrencies are doing well despite a general market downturn.
⚫️Solana's active users have reached 1.2 million.
⚫️Ethereum will have new investment funds starting Tuesday.
⚫️Ethereum developers are disagreeing on a major system update.
⚫️Analysts believe Ethereum's price could return to its pre-merge levels.
⚫️Binance has been approved to invest in government securities.
⚫️WazirX is offering rewards to help recover lost funds.
⚫️South Korea has started enforcing stricter laws on cryptocurrency exchanges.
⚫️BitForex is reopening for withdrawals.
⚫️Wintermute, a crypto company, is planning to raise funds at a $2 billion valuation.
⚫️The MATIC to POL system upgrade is scheduled for September 4th.
⚫️The CEO of Messari resigned after making controversial statements.
🌟 Web3 & NFT
⚫️Trending cryptocurrencies in niche markets include MIGGLES, POPCAT, MEW, MICHI, and MAGAA.
⚫️NFT collections that are gaining a lot of attention are Aeons, Frogana, and alignDRAW.
⚫️PEPE has re-entered the top 20 cryptocurrencies.
⚫️POPCAT has reached a new all-time high and is close to being valued at $1 billion.
⚫️Aeons NFTs are trading three times higher than their initial minting price.
⚫️alignDRAW NFTs saw a surge in volume following purchases tied to seed phrases.