🆕24h Crypto Market Overview

⏰Thursday, August 08, 2024

♨️Overview:

Bitcoin and Altcoins, after an explosive trading session, have slightly corrected and sideways at the 56K range in the context of not having much major news this week. It is worth noting in the recent dump that US ETFs have not broken the ETF product framework. Grayscale is still selling hard and BlackRock, Fidelity and even Grayscale's Mini ETF are actively buying.

Ripple's landmark legal victory against the SEC has raised many hopes for the Ripple industry, which has struggled to fend off SEC attacks. The end of the lawsuit that has lasted for many years has pushed XRP's price to the brightest today.

♨️ETF Updating (07/08/24):

💰Bitcoin ETF Spot: 🔴$17.9M 

🔹Etherium ETF Spot: 🔴$28.4M

🎯Weekly Highlights:

▪️Non-farm: This period 114K I Expect 176K I Last period 179K

▪️Unemployment rate: This period 4.3% I Expect 4.1% I Last period 4.1%

▪️BlackRock files for ETF options.

▪️Michael Sailor says he personally holds over $1B in Bitcoin.

▪️Ripple vs SEC update: Court orders Ripple fine over $125M.

❇️Top Gainers/Decliners:

🟢$XRP  21%          🔴$NOT     13%

🟢$WIF    13%      🔴$LDO     10%

🟢$XLM   10%      🔴$TIA     9%

🆕Hot News:

- Binance Labs invests in Solayer, a Solana restaking platform👉Binance Labs

- FUD related to Token Plus wallet active after 3 years with over 789K ETH allegedly sold since 2021 on Huobi exchange👉EmberCN

- Grayscale launches new crypto investment trust for SUI and TAO👉TheBlock ========================== #Write2Earns