🗞 Summary of cryptocurrencies news for August 26, 2024

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1. Over $7,000,000,000 in BTC shorts will be liquidated at a price of $70,500❗️

2. The probability that the Federal Reserve will cut interest rates by 25 basis points in September is 63.5% 🔽

3. Former Heartland Tri-State Bank CEO sentenced to more than 24 years in prison for alleged $47 million cryptocurrency fraud☄️

4. Telegram responds to CEO arrest: Telegram abides by EU laws, audits comply with industry standards and continues to improve

5. Stimulated by meme transactions, Tron’s DEX transaction volume increased by 457% in the past week🔴

6. Justin Sun's team address has exchanged BTC worth $188 million for WBTC💰

7. Possibly affected by related events, TON ecosystem meme coin Resistance Dog (REDO) rose by more than 130% in 24 hours🪙

8. Telegram Founder Parvel Durov's recent arrest in France has sparked widespread global support, all united in their protection of free speech and digital rights.✈️

9. Meme token Simon's Cat (CAT) market value exceeds US$250 million, up more than 46.5% in 24 hours

10. The market is bullish, but Bitcoin is still expected to fluctuate between $62,000 and $67,000 💊

11. 🔥The trading volume of DOGS exceeded $530 million within two hours of its launch, the market value was temporarily at $618 million

$BTC #DYOR