- Spicy Block
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- 🌶️ We are sooooo back!
Bitcoin is back to $59,000! And it feels good 🥳 This is a quick recovery when Bitcoin touched $49,700 on August 5th.
But let’s see what other drama happened today in the never-sleeping crypto world. It includes:
$RTR token's rollercoaster ride sparked rumors it’s Trump’s new coin, luring in even more shitcoin traders
Solana climbs one spot up among the leading coins
XRP moves after the trial has finished
and more…
📰 Crypto & Finance News
The first Solana ETF has been approved in Brazil. It will be managed by Vortx.
JP Morgan has increased the odds of the US going into recession to 35%. Quite scary, innit?
Solana flips BNB and now it’s 4th largest cryptocurrency. CZ will have something to do after he’s released from prison.
XRP moves up by around 20% after the end of the SEC and Ripple case. The numbers change fast so it might be a different number after you get this newsletter.
Trump says we are near the crash such as in 1929.
🪂 Airdrops
Dmail Q3 airdrop is live and users can now claim Season 3 rewards.
🤡 Degen Section
$RTR token madness. It went up more than 23,000% today before crashing down a lot. People guessed it could be Trump's token, as seen in the tweet from August 6th by Eric Trump when he mentioned his love for crypto. However, Eric Trump made another tweet denying the claims.
Kamala Harris has tied up with Donald Trump on Polymarket. More than half a billion dollars ($549,136,610) have already been put into the bets.
🔒 Security
The Nomad Bridge hacker has transferred 14,500 $ETH ($35.2 million) to Tornado Cash.
Nexer has burned 32.5 million tokens after the hack. Just to remind you, it happened yesterday, Aug 7th.
🦁 Alpha, Opportunities & Insights
Pencil Protocol presents Pencil Soul Drops NFT that could reward its holders in the future with airdrops, exclusive benefits, and more. Only the gas needs to be paid on the Scroll network.
Bitcoin demand grows in the US.
📈 Other Metrics & Numbers
Ethereum ETF outflows on August 7th are almost $24 million.
250 million USDC (on Solana) minted at USDC Treasury. This is the second time this week.
Microstrategy and BlackRock hold 570,000 BTC which is worth around $32 billion at the moment.
😶🌫️ To Cheer You Up
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Disclaimer: The content of this newsletter is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and can involve significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. The opinions and information provided here are not a guarantee of future performance and should be considered carefully in the context of your personal financial situation.