Solana ($SOL) rebounds 50% this month, nearing its highest since May 21. Despite ecosystem growth, most Polymarket users doubt an all-time high in 2024. Key strengths: thriving DEX volume, strong DePIN projects, and potential SEC ETF approval. #Update
FLOKI’s ecosystem, including Valhalla and FlokiFi, drives its 688% annual growth. PEPE gains 690% with strong community support and Pepe Academy plans. Memecoins show potential for long-term growth. $FLOKI $PEPE #Update #CryptoNews
Investors rush to Rollblock ($RBLK) as it aims to disrupt the $450B online gambling market with a decentralized casino model. Key features: Ethereum-based fairness, 20+ crypto support, no KYC, AI-powered games. Current price: $0.017. #Update
Indian crypto exchange @WazirX halted deposits/withdrawals after a $235M hack on July 22, 2024. The pause follows scammers impersonating WazirX via fraudulent emails. No timeline for resumption yet. #CryptoSecurity
Donald Trump, now the presumptive Republican nominee, embraces #crypto, speaking at a Bitcoin conference and picking pro-Bitcoin Ohio Senator J.D. Vance as VP. Bitcoin rises on the news, but concerns over Jamie Dimon as Treasury Secretary linger. #Update
Crypto liquidations surged 150% in 24 hours, hitting $174M, as Biden exits and Harris enters the race. $BTC led with $49.5M liquidated, followed by $ETH at $36.6M. Binance saw the largest liquidation of $10.95M. #CryptoNews
Iowa AG Brenna Bird, backed by six states, challenges SEC over crypto regulation, claiming it stifles innovation and oversteps state laws. The coalition demands clear congressional authorization for such vast oversight. #Cryptocurrency #Update
.@HIVEDigital plans to build a 100MW Bitcoin mining center in Paraguay, aiming to double revenue and add 6.5 EH/s to operations. This will generate over $100M for Paraguay’s government utility. #CryptoNews
Developers have rug pulled the ETHTrustFund on Base network, causing $2M in losses. Funds moved to a new wallet were flagged by Octoshi. PeckShield confirmed the use of Tornado Cash to obscure trails. #CryptoScam #Update
Helium’s price surged 11% to $4.96 amidst a market rally, up over 40% this week. Helium ($HNT) now ranks 88th globally with a market cap of $797M. The rise is linked to Bitcoin’s 7% increase. #CryptoUpdate
President Biden won’t seek re-election in 2024. Focus shifts to VP Kamala Harris, who remains silent on crypto. Ryan Montoya, her aide, supports blockchain. Gov. @GavinNewsom backs blockchain; Gov. @JoshShapiroPA’s stance is unclear. #Update #CryptoNews
AVAX surged 13% in 24 hours, trading at $32.2 with volume tripling to $829M, following @ChronosWorlds’ announcement of using @Avalanche for its RPG game. This highlights growing blockchain use in gaming. #Update #AVAX $AVAX #CryptoNews
Metaplanet’s shares jumped 20% on the Tokyo Stock Exchange after acquiring an additional 20.38 BTC for ¥200 million ($1.2M), boosting their Bitcoin reserves to 245.992 BTC, valued at over $16.6M. #Bitcoin #Update
Dogwifhat ($WIF), Helium ($HNT), Core ($CORE), and Pepe ($PEPE) soared over 40% last week, led by $WIF’s 50% surge to $2.56. Bitcoin’s 12% rise to $67,180 has boosted market sentiment from Fear to Greed. #Update
