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Tom Lee of Fundstrat predicts increased market confidence in a Trump election win could boost $BTC and crypto stocks. Trump’s support for Bitcoin may lead to favorable regulatory changes, with recent Bitcoin ETF approvals already enhancing crypto stock prices.
$MKR and $DAI tokens upgraded by MakerDAO. NewStable and NewGovToken launched for better utility and community engagement. NewStable focuses on mass adoption while DAI remains for crypto use. NewGovToken has a 1 MKR to 24,000 NGT exchange rate.
$PYUSD holders can earn interest rewards through a new @PayPal and Anchorage Digital partnership. This initiative aims to enhance PYUSD’s market presence, with interest derived from U.S. Treasury-backed assets. The program targets institutional investors and operates via a Cayman Islands entity.
Anthony Scaramucci predicts $BTC could hit $100k despite market volatility. SEC’s approval of spot Bitcoin ETFs boosts its legitimacy. Bitcoin is increasingly seen as a store of value with rising global adoption and use cases.
Bitcoin ($BTC) surges past $61K amid bullish market dynamics. U.S. Fed minutes hint at potential rate cuts, sparking optimism. Rising BTC futures and ETF inflows reflect growing institutional interest and market confidence, reinforcing the upward trend.
$POPCAT and $SUN tokens rally after @Binance Futures announces USD-Margined perpetual contracts with up to 75x leverage, launching on August 22, 2024. Multi-Assets Mode allows various cryptocurrencies as margins, enhancing trading flexibility and reducing requirements.
Cardano’s ($ADA) price surges as the Chang Hard Fork introduces Plutus V3 and on-chain governance on August 27. Significant derivatives trader activity and breaking a 6-month trendline push trading volumes, aiming for $0.45.
India’s DEA to release a key consultation paper on crypto regulation in Sep-Oct 2024, seeking public feedback to align with G20 efforts. Finance Minister stresses need for global cooperation and local tailoring.
Kamala Harris faces backlash over support for Biden’s 44.6% capital gains tax and 25% tax on unrealized gains, with crypto leaders questioning her pro-crypto stance. Critics argue the policies harm U.S. businesses and innovation. #Economy #Crypto
Kamala Harris endorses pro-crypto policies, sparking contrast with Biden’s tougher stance. As DNC faces backlash for omitting crypto, Harris aims to foster industry growth and innovation, potentially making the U.S. a more attractive destination for crypto investments.
Mercado Pago, a subsidiary of @MercadoLibre, launches MELI Dollar, a US Dollar stablecoin, for Brazilian users. The stablecoin can be bought and sold with no fees via the Mercado Pago app, offering financial stability amid economic volatility.
McDonald’s Instagram was hacked to promote $SOL-based meme coin GRIMACE, causing a temporary price spike. The hacker allegedly profited $700,000 before accounts were restored. McDonald’s Marketing Director’s X account also appeared compromised.
Bitcoin ETFs dominate with $17.5B inflows since Jan 2024, surpassing previous records by $QQQ. Institutional adoption triples, highlighting Bitcoin’s growing acceptance in diversified portfolios and potential for future gains. #Bitcoin #ETF #Investing
AAVE surges 9% after V3 launch on ZKsync Era Mainnet, boosting DeFi scalability, privacy, and security. Chainlink’s integration ensures reliable price feeds. Weekly gains surpass 29%, with trading volumes up 17%. #DeFi $AAVE $LINK @AaveAave @chainlink
