📉 The market is being dumped again
Ethereum dropped below 3k
Bitcoin at 62500
Reason: Wallets associated with Genesis Trading have moved 16.6k #BTC (~$1.1 billion) and 166.3k #ETH (~$521.1 million) to an address related to bankruptcy liquidation procedures in the last hour.
Over $60 million liquidated in the last hour (> $270 million in the last 24 hours)
What are you doing during the dip?
⚡️- Buying
🐳 - Selling everything and leaving the market
👀 - Watching

🐳 Top 10 Crypto Whales: Who Holds the Most Bitcoin?

At the top of the list of the largest Bitcoin holders is none other than the legendary Satoshi Nakamoto—the person (or group of people) who created Bitcoin, whom no one knows and no one has ever seen.

What do you think would happen if Satoshi suddenly decided to return? How would this affect Bitcoin?

🗣Taiwan Accuses China of Using Crypto to Pay Spies

Taiwan’s Ministry of Justice claims that Chinese intelligence used cryptocurrency to pay Taiwanese military personnel involved in a major espionage case. Eight individuals, including current and former military members, were convicted of gathering state secrets for China and sentenced to up to 13 years in prison. Taiwanese authorities stated that the spies received over 2 million TWD ($63,000) in virtual currencies from China.

🗣Germany Seizes 13 Illegal Bitcoin ATMs

German regulators, BaFin, conducted a raid across major cities, seizing 13 unlicensed Bitcoin ATMs. The machines were operating without proper authorization, violating banking laws and raising concerns over money laundering risks. Authorities also confiscated nearly €25 million in cash, and the operators now face up to five years in prison.

Indian auto rickshaws are making bigger strides in crypto than your local supermarket! 😁🚀

🤔 CryptoQuant CEO Believes Bull Run Will Start in Q4:

"In Bitcoin’s last halving cycle, the bull run started in Q4. Whales won't let the last quarter of the year be boring, with flat annual returns"

Vitalik announced a bull run 🌚
So, are we about to moon?

🗣Co-Founder of FutureNet Crypto Scheme Arrested in Montenegro

Montenegrin police have arrested Roman Ziemian, co-founder of the fraudulent crypto scheme FutureNet, which caused losses estimated at $21 million. Ziemian, living under a false identity in Podgorica, is wanted by South Korea and Poland for fraud, theft, and money laundering. He faces life imprisonment in South Korea. The High Court in Podgorica will decide on his extradition. FutureNet, launched in 2018, was marketed as a multi-level marketing business but has since been exposed as a financial pyramid scheme.

🤓Elon Musk is "ready to serve" in D.O.G.E.
Musk published a post on X, ironically writing that he is ready to serve in the "Department Of Government Efficiency" (D.O.G.E.).
This is how he responded to Donald Trump's statement about plans to give him a consulting role in the administration if he wins the US elections.
👀The Dogecoin (DOGE) rate did not respond with growth, as often happened before when Musk mentioned the cryptocurrency.

🗣Trump Vows to Block Digital Dollar
U.S. presidential candidate Donald Trump pledged to block any efforts by the Federal Reserve to introduce a digital dollar, warning that it could increase government control over financial transactions and threaten the banking sector.

🗣Vitalik Buterin Donates 200 ETH to Animal Welfare Fund
Vitalik Buterin, Ethereum’s co-founder, donated 200 ETH (worth $524,320) to the Animal Welfare Fund. The funds came from meme coins themed around animals that Buterin received over the past year. He believes these tokens are better used for charitable causes.

👀 #DOGS are back above $0.003!
Despite the listing delay, the price on the pre-market surged by a whopping 150%. It’s surprising since the news wasn’t exactly positive, but the price is reacting well.
It's still unclear what’s driving this rise. Maybe they're waiting for Binance to get ready, or perhaps they're preparing for a product release. Share your thoughts in the comments 👇
What price will we actually see?
🔥 - Above $0.005
❤️ - Around $0.003, like in the pre-market
👍 - Will drop below $0.001

$Dogs have postponed the listing to the 23rd
- Claim to exchanges and Telegram Wallet will remain open until 6pm UTC on 21st August
- Claim to non-custodial wallets will be available from 8am UTC on 23rd August
- TGE and listing will take place at 12pm UTC on 23rd August

🗣Donald Trump’s crypto wallets hold over $1 million.
Despite once calling digital assets a scam, Trump now owns between $1 million and $5 million in cryptocurrencies, according to his financial report. This shift comes as he campaigns for the U.S. presidency, promising to make America the global crypto capital.

👀 25% of Bitcoin was bought at all-time highs!
Analysts have estimated that a quarter of all Bitcoin (around $300 billion at current prices) was purchased in the $58,000 - $73,000 range 😱
This means that when BTC reaches these levels, many investors may look to cut their losses or break even, potentially creating significant resistance. But once the $73,000 level is broken, we could see a real market surge, including altcoins.
Keep in mind that historically, October-November are the most favorable months for the crypto market. So, don't wait for the "perfect moment" to buy—stick to your strategy and gradually accumulate your portfolio, because after breaking this resistance, prices could rise sharply, and such favorable buying opportunities for altcoins might not come again.

🗣Binance Resumes Operations in India
On August 15, Binance announced it has resumed services in India after a seven-month hiatus. The exchange is now fully compliant with local regulations, following registration with India’s Financial Intelligence Unit. Despite challenges from the Reserve Bank of India and strict tax policies, Binance aims to tap into India’s digital asset market. Recently, the company faced a $86 million tax claim from Indian authorities.

🗣IMF Calls for Higher Electricity Tariffs for Miners
The International Monetary Fund recommends raising electricity tariffs for cryptocurrency miners worldwide. They believe this will help reduce carbon emissions by 100 million tons annually. The IMF also proposes a tax on energy use in AI data centers.

🇺🇸 Kamala Harris' crypto advisers, including billionaire Mark Cuban and Anthony Scaramucci, are calling on her to completely overhaul the Democratic Party's digital asset policy ahead of the November election.
"We can't afford to continue to sit on the sidelines, because that risks crypto going overseas."

🗣ANALYSIS BTC/USDT Bitcoin has recently broken below the horizontal demand zone of a descending triangle pattern, signaling a potential shift in market sentiment. It is currently in the process of retesting the lower boundary of the triangle.
If the retest of the triangle's boundary confirms this bearish bias, we could see a continuation of the decline, potentially leading to a significant drop in price.