What Happened in the Crypto Market in the Last 12 Hours?
Price Movements 📊
- $BTC price is trading at $63,712, almost unchanged in the last 24 hours.
- $ETH is trading around $2,730, with very little movement in the 24 hours.
- $FET and $TAO are among the top gainers among altcoins, with 12% and 6% 24-hour gains, respectively.
- $SUNDOG and $PEPECOIN led the rise in memecoins, with 45% and 19% 24-hour gains, respectively.
Regulatory and Legal Updates 🧑⚖️
- Telegram has slammed allegations of abuse of the platform, saying it is "absurd" to hold the platform or its owner responsible for abuse.
- The Central Bank of Russia is reviewing changes to the law to create a new category for crypto trading under the name "specially qualified investors".
General News 🗞️
- Vitalik Buterin criticized the gambling label on Polymarket, expressing concerns about public prediction markets.
- TRON community raises energy limit to 120 billion amid#memecoincraze.
- Stablecoin market cap reaches all-time high of $168 billion.
Important Note: Friends, Binance has launched a reward event worth 50,000$ . You can now benefit from the reward by clicking on the Artificial Intelligence AI account and scoring from the "Vote" option.
The event ends on August 29. You can benefit from the rewards worth 50,000$ by voting every day until August 29.
