TL;DR
A trader made a significant profit by buying and selling a new Telegram-related meme coin called DOGS.
Earlier this month, though, another trader lost nearly $900,000 on a Trump-themed meme coin, highlighting the high-risk nature of the sector.

The Substantial Profit
The ever-evolving meme coin sector has been one of the highlights of the crypto industry in the past several months, spewing new tokens quite frequently.
One of the latest is Dogs (DOGS), an asset associated with the Telegram community, which saw the light of day approximately a week ago. Initially, the meme coin was available for trading on certain decentralized exchanges, while leading platforms like Binance, ByBit, and OKX added it shortly after. 
The enhanced volatility of meme coins (especially

TL;DR
Shibarium has processed over 418 million transactions and implemented key upgrades, including some hard forks to enhance network performance.
The network introduced a burn portal to reduce SHIB supply, with BONE tokens playing an essential role in the process.

Happy Birthday, Shibarium
Shibarium is a layer-2 blockchain solution built on the Ethereum network, specifically designed to foster the development of the Shiba Inu ecosystem. Its main purposes include lowering transaction costs, improving speed, and enhancing scalability.
The protocol officially saw the light of day exactly a year ago, blasting through numerous major milestones since then. It has processed more than 418 million total transactions, crossing the 400 million mark in March 2024. It is worth

TL;DR
TRX surged to over $0.16 earlier this week, becoming the 11th largest cryptocurrency, likely boosted by activity from the SunPump protocol.
The token’s price is gradually approaching its all-time high, with further growth dependent on market conditions and potential partnerships.

TRX’s Impressive Rally
TRX – the native token of Tron – has been among the top-performing cryptocurrencies lately. Earlier this week, its price exceeded $0.16 for the first time since April 2021, while the market capitalization neared $14 billion. The substantial uptick positioned TRX as the 11th biggest cryptocurrency, flipping Cardano (ADA), which trails behind on the 12th spot. 
The token’s resurgence coincides with some important developments within the Tron ecosystem. In mid-August,

TL;DR
Pi Network is advancing towards the deployment of the mainnet, with millions of users migrating, but the exact launch date is still unclear.
Users must complete KYC by September 30, 2024, with further details expected in an upcoming talk show.

What’s New?
Pi Network is a crypto project that aims to enable users to mine and earn digital assets on their mobile devices. It was introduced in 2019 and aims to be energy-efficient by using a consensus algorithm called Stellar Consensus Protocol (SCP). The Stellar Development Foundation developed it, and it is an alternative to Proof-of-Work (PoW), which is associated with high electricity consumption.
However, Pi Network remains one of the most controversial projects in the crypto space since there is no clear indication

TL;DR
Cardano’s ADA has risen by 33% since the August 5 crash, with potential for further growth depending on broader market trends and other factors.
An upcoming Cardano hard fork focused on decentralization and community-driven governance could also boost ADA’s price.

Is There a Chance?
Cardano’s ADA has experienced a substantial resurgence lately, with its price rising by around 10% on a two-week scale. Currently, it trades at around $0.36 (per CoinGecko’s data), representing a 33% rise from the local bottom registered during the crypto market crash on August 5.
We decided to ask ChatGPT whether ADA’s uptrend can continue in the near future and whether its price can hit the psychological level of $0.50 before the end of the month.
The AI-powered chatbot estimated that

TL;DR
Binance announced the addition of two new trading pairs available later this month.
The company also revealed the delisting of several trading pairs, such as BLZ/FDUSD and BICO/BTC, with no significant impact on the prices of the involved cryptocurrencies.

The Latest Listings
Binance continues to update its services to respond to recent market trends and improve overall user experience. It said it will add two new trading pairs on Binance Spot: BONK/BRL and NOT/EUR. In adition, the company will allow trading bots services for the aforementioned. The trading pairs will become available to users on August 16.
Over the past several months, Binance has shown support toward the popular meme coin Bonk Inu (BONK) numerous times. It officially listed the token in

TL;DR
Shiba Inu investors are being targeted by scammers on Telegram offering fake airdrops and impersonating legitimate entities.
Community members are cautioned to avoid scams related to the TREAT token, as it hasn’t seen the light of day yet.

Scam Alert
Shiba Inu is among the most popular meme coins, boasting one of the biggest communities across all cryptocurrencies. As such, it is no wonder that SHIB investors often become targets of hackers who attempt to con them using various techniques.
Shibarmy Scam Alerts – the X account focused on treats surrounding the ecosystem – recently warned about fake groups on Telegram offering malicious airdrops. The team instructed the Shibarmy (a term referring to all investors, supporters, and enthusiasts of the meme coin) to

TL;DR
XRP surpassed another milestone in terms of total tokens held in accounts.
After a legal victory, XRP’s price briefly surged before stabilizing, with analysts predicting potential future gains.

XRP’s Achievement
Ripple’s XRP continues to make the headlines, recently reaching an important adoption milestone. According to XRPL Services, the total amount of XRP tokens held in accounts exceeded 60 billion (equaling over $34 billion calculated at current rates).
Data shows there are almost 5.3 million XRP accounts, while only 2,450 currently have a zero balance. Recall that the 5 million mark was surpassed at the start of 2024.
The over 60 billion tokens held in accounts include all coins currently stored in wallets, whether in circulation or not. The figure is also

TL;DR
Binance will delist six altcoins, leading to significant price drops for these assets.
Such efforts have historically triggered sharp price crashes due to various reasons such as reduced liquidity and market panic.

The Latest Update
The world’s largest cryptocurrency exchange periodically reviews each digital asset listed on its platform to ensure that it “continues to meet a high level of standard and industry requirements.” 
“When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” it explained.
The company takes various factors into

TL;DR
Tron (TRX) leads with 87% of investors currently in profit.
Cardano (ADA) is on the opposite side, with most of its holders underwater.

Bitcoin (BTC) is Among the Leaders
The enhanced volatility of the cryptocurrency market has significantly affected investors in different digital assets. At the start of the week, prices were plummeting, resulting in substantial paper losses for HODLers, while the subsequent comeback partially fixed the situation for those who endured the turbulence without selling their stash.
In the following lines, we will check the percentage of profitable investors in some of the leading digital currencies (more specifically, those with a market cap of over $10 billion).
The ones invested in Tron (TRX) are leading the pack. According to

TL;DR
Santiment ranked Internet Computer (ICP) as the top digital asset for development activity, followed by Hedera (HBAR) and Cardano (ADA).
The top 10 list also features Ethereum (ETH), Chainlink (LINK), Polkadot (DOT), and Cosmos (ATOM), with Ethereum gaining attention due to new spot ETH ETFs in the United States.

The Top 10 List
The cryptocurrency market intelligence platform recently revealed the top 10 digital assets in terms of notable development activity for the last 30 days.
The leading one is Internet Computer (ICP), collecting an overall score of 570.1. The token is the second-largest in the Artificial Intelligence (AI) realm, with a market capitalization of almost $3.5 billion. Its price experienced a bull run in March this year, jumping to nearly $20

TL;DR
Ripple is partnering with the Dubai International Financial Center (DIFC) to enhance blockchain and crypto innovation in the UAE, focusing on early-stage companies and scale-ups.
This collaboration is seen as a significant milestone for the DIFC, enhancing its role as a global hub for talent and tech.

Ripple and Dubai
Ripple plans to strengthen its global presence by partnering with the Dubai International Financial Center (DIFC). The DIFC is a special economic zone in the city established as a financial hub for businesses operating throughout the Middle East, Africa, and South Asia. It is regulated by the Dubai Financial Services Authority and offers clients a 50-year guarantee of zero taxes on corporate income and profits.
The upcoming collaboration aims to

TL;DR
An investor spent $916,000 on a Trump-related meme coin (RTR) driven by FOMO, only to lose almost everything when the coin’s value crashed shortly after.
While some traders incur losses due to FOMO, others who enter the market at the right time can make substantial gains. However, the meme coin market remains highly dangerous and investors should be extra cautious when diving in.

The FOMO Effect
Meme coins have been among the highlights in the crypto space in the past several months, with many witnessing explosive price increases in a short period of time. However, their volatile nature makes them quite unpredictable, meaning traders can be caught off guard and lose significant sums. 
Such was the case with one investor who recently spent 5,800 SOL (approximately

TL;DR
The layer-2 solution, Shibarium, is launching a hard fork on August 9, launching a burn mechanism.
Shibarium continues to advance with upgrades aimed at improving transaction speed, scalability, and lowering costs, fostering the development of the Shiba Inu ecosystem.

The Upcoming Development
Shibarium – Shiba Inu’s layer-2 scaling solution – continues to make the headlines due to its rapid progress in terms of processed transactions or overall advancements.
Most recently, the team revealed the launch of a hard fork with the new Bor version. The upgrade is scheduled for today (August 9), following which a burning mechanism will be introduced to enhance the ecosystem.
The Bor layer is a key component of Shibarium, which plays a crucial role in validating and

TL;DR
Cardano (ADA) reached a nine-month low price, leaving many investors in losses (as of the moment).
Input Output introduced a partner chains toolkit to enhance security, though ADA’s price remained unaffected. The RSI indicates it might be oversold, hinting at a potential rebound.

Almost Every ADA Investor Goes Underwater
The cryptocurrency market has significantly declined in the past few days, with things escalating in the past 24 hours. The sector witnessed a severe crash where Bitcoin (BTC) briefly collapsed below $50,000 (for the first time in six months), while Ethereum (ETH) slipped to as low as $2,170 (per CoinGecko’s data).
Other large-cap altcoins are also deep in the red. Cardano (ADA), for instance, has tumbled by 17% daily, plummeting at one point to a

TL;DR
Adopting BTC as a legal tender in the US would enhance its legitimacy and attract substantial investment, potentially boosting the price.
This move could lead to market volatility with sharp movements due to speculative buying and unpredictable investor reactions.

What if the US Embrace BTC?
The United States will soon have a new President, with the elections scheduled for November this year. Those going to the ballot boxes will have to pick from the Democratic nominee – Kamala Harris, the Republican – Donald Trump, the Independent – Robert Kennedy, and others.
The battle promises to be quite contested, with the candidates centering their campaigns on popular topics such as financial stability, emigration, abortion rights, and others. Interestingly, Trump and

TL;DR
Input Output launched the alpha v1 release of the partner chains toolkit for Cardano to enhance network security by leveraging stake pool operators (SPOs).
Despite the disclosure, Cardano’s native token ADA remained around $0.38, with no significant price change.

The Alpha V1 Release
Input Output – a technology company responsible for the research and development of the Cardano blockchain – launched the alpha v1 release of the partner chains toolkit. The move aims to strengthen the network’s security by enabling developers to leverage Cardano’s extensive network of stake pool operators (SPOs). 
“By leveraging SPOs, both new and existing networks can quickly increase their number of validators for a more robust and efficient security paradigm,” the announcement

TL;DR
OpenEden is launching tokenized US Treasury Bills on the XRP Ledger. Users will be able to mint such products via stablecoins such as Ripple USD (when it sees the light of day later this year).
XRP’s price is down 6% for the day, but a potential resolution in the Ripple v SEC lawsuit could positively affect its value.

Tokenized US T-Bills on the XRPL
OpenEden – a fintech company focused on bridging traditional finance and DeFi – will introduce tokenized US Treasury bills (T-bills) to the XRP Ledger (XRPL) and its users for the first time.
For its part, Ripple will create a fund to allocate $10 million to the aforementioned products. Markus Infanger, Senior Vice President at RippleX, claimed that OpenEden’s T-bills represent an “exciting example of how all types of

TL;DR
BTC, XRP, and SOL are some of the top-trending digital currencies recently due to important factors that have sparked heated discussions.
Other widely-discussed tokens as of late include Ethereum (ETH), Chainlink (LINK), and others.

These are the Leaders
The cryptocurrency market has passed through enhanced volatility in the past few days, affecting investor sentiment.
Bitcoin (BTC), for one, reached a price of almost $70,000 on July 29 before plummeting below $66,000 the following day and currently trading around $66,300 (CoinGecko’s data). The correction was followed by the news that the US government had moved $2 billion worth of its BTC holdings to another address (possibly preparing for a sale). 
According to the crypto market intelligence platform Santiment,

TL;DR
Shiba Inu’s price dipped by 3% daily, but the increase of some important indicators part of the ecosystem suggest a potential rally.
Some analysts predict a bullish future for the meme coin based on technical indicators like the RSI, while others foresee a bearish outcome.

The Indicators’ Explosion
The cryptocurrency market plunged substantially in the last 24 hours following the news that the US government moved $2 billion worth of its bitcoin (BTC) holdings to another address (possibly preparing for a sale).
One of the digital assets that was negatively affected in the aftermath was the popular meme coin Shiba Inu, whose price dipped by 3%. Nonetheless, the resurgence of some important metrics signals that the retreat could be replaced by a rally soon.
The Shiba

TL;DR
Ripple will unlock one billion XRP in August, which could impact the price due to increased supply.
Analysts predict a bullish trend for XRP, expecting a significant breakout.

The Upcoming Unlocks
Ripple is set to unlock one billion XRP at the start of August – a practice that happens every month and is part of the company’s strategy to ensure a transparent release of its holdings. The initiative dates back to 2017, when Ripple placed 55 billion XRP tokens into a series of escrows.
“The escrow consists of independent on-ledger escrows that release a total of one billion XRP each month over the next 55 months. This provides an upper limit on the amount of new XRP that can be brought into circulation.
The amount of XRP actually released into circulation will likely be

TL;DR
Dogecoin (DOGE) is up 5% daily with one analyst predicting a significant rally based on historical patterns.
Some important metrics, such as the Relative Strength Index (RSI), also indicate a potential upcoming uptrend.

Not Selling a Single Coin
The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – performed quite well in the last week, witnessing a 7% price increase. In the past few days though, it briefly lost the momentum, with its price slipping to around $0.12 before spiking to $0.13 again (CoinGecko’s data).
DOGE Price, Source: CoinGeckoAccording to the popular X user Ali Martinez, though, those price swings are part of a bullish path that could take DOGE to a new all-time high in the following months. He noted that the meme coin

TL;DR
A trader bought 170.2 billion PEPE coins last October and sold them on July 25 for $1.97 million, making a $1.77 million profit.
Other meme coin traders have also seen massive gains, but investing in these volatile assets can be risky and lead to significant losses.

The Impressive Profit
Meme coins have the ability to experience a substantial price increase in a short period of time, thus benefiting savvy traders who picked the right time to enter the ecosystem. A typical example of such a token is Pepe (PEPE), whose valuation is up almost 800% on a yearly scale. 
The crypto analytics platform Lookonchain revealed the case of one trader who purchased 170.2 billion PEPE coins at the end of October last year.
They kept the stash untouched for the following months

TL;DR
Some NFT-related cryptocurrencies have shown notable development activity in the last month.
Despite strong market performances, sector leaders by market cap like Internet Computer (ICP) and Artificial Superintelligence Alliance (FET) were not included in the top 10 list.

The Top Performers
Non-fungible tokens (NFTs) and cryptocurrencies related to them were one of the main trends during the crypto bull run of 2021. Despite the diminishing interest, many of those coins are still present, while their total market capitalization is over $30 billion (CoinGecko’s data).
The crypto market intelligence platform Santiment recently ranked the top 10 NFT-related cryptocurrencies in terms of “notable development activity” on a monthly scale. Decentraland (MANA) is the leader

TL;DR
The upcoming US presidential elections feature Donald Trump, Kamala Harris, Robert Kennedy and others.
If Kennedy wins, it could boost bitcoin’s (BTC) price due to his pro-crypto policies, although this scenario is highly speculative given his current low polling numbers.

The Surprising Scenario
The US presidential elections are less than four months away, with tension going up lately. Those going to the ballot boxes will have to choose between the Republican candidate Donald Trump, the Democratic nominee Kamala Harris, the independent Robert Kennedy, and others.
Latest polls suggest that Trump or Harris will most likely emerge victorious, collecting over 40% of the voters’ support each. Kennedy is third with less than 10%.
The potential election of Trump may

TL;DR
Analysts predict a significant bull run for bitcoin, potentially driven by the emergence of a “Golden Cross.”
Some experts anticipate short-term corrections, advising caution to investors.

The Bullish Forecasts
The primary cryptocurrency passed through enhanced volatility in the past week, with its price ranging from $64,000 to over $68,000. Currently, it trades at around $67,300, with many analysts expecting a bull run in the upcoming months.
One example is the X user Titan of Crypto, who assumed that a BTC “Golden Cross” might be on the horizon. The phenomenon happens when the 50-day moving average (MA) crosses above the 200-day MA. Historically, these events have been a precursor of a significant rally for the leading digital asset. 
According to Titan of Crypto,

TL;DR
Litecoin (LTC) leads in non-empty wallets with over 8 million, followed by Dogecoin (DOGE) with 6.69 million.
Ripple (XRP) and Shiba Inu (SHIB) holders have also been on the rise, recently reaching all-time high numbers.

Here is the Ranking
The crypto analytics platform Santiment revealed the six alternative coins that currently have the most holders on their respective networks.
Litecoin (LTC) leads the pack with almost 8.10 million non-empty wallets, while Dogecoin (DOGE) follows next with 6.69 million. Ripple’s XRP, Cardano’s ADA, Shiba Inu (SHIB), and Chainlink (LINK) are the others included in the ranking. 
Despite topping the list, Litecoin has witnessed a step back as non-empty LTC wallets were around 9.4 million several months ago. On the other hand, XRP

TL;DR
Binance will add nine new cross margin and isolated margin trading pairs on July 24.
It will also delist three trading pairs two days later.

The Latest Amendments
The world’s largest cryptocurrency exchange – Binance – will update its services to respond to recent market trends and enhance user experience. It will add nine cross margin and isolated margin trading pairs today (July 24). The pairs in question are 1000SATS/USDC, GALA/USDC, AR/USDC, PEOPLE/USDC, RUNE/USDC, TRB/USDC, STRK/USDC, UNI/USDC, and ZK/USDC. 
Additional support from a crypto behemoth like Binance could positively impact the involved tokens due to increased liquidity and a reputational boost. However, 1000SATS is the only cryptocurrency (from the involved ones) to chart any substantial gains

TL;DR
The presidential elections in the United States could severely affect the cryptocurrency market. Trump’s possible victory might boost BTC due to his pro-crypto stance, while his potential loss could have the opposite effect.
Biden’s withdrawal has Trump and Harris tied at 44% support each, while Robert Kennedy trails behind.

Bitcoin’s Possible Reaction
The US presidential elections, scheduled for November this year, have been a highly intriguing topic recently due to Joe Biden’s withdrawal from the race.
The current political leader of the States claimed his decision was “in the best interest” of the country, backing Vice President Kamala Harris as the Democratic nominee. Shortly after, she received support from the majority of the party delegates, meaning she has

TL;DR
If SEC Chairman Gary Gensler resigns, XRP’s valuation could benefit from a more crypto-friendly successor and an increased likelihood of the regulator settling its case with Ripple.
Regardless of Gensler’s status, the token’s price could reach a new all-time high through strategic partnerships, increased adoption, and technological advancements, the AI chatbot said.

What Are the Chances?
The US Securities and Exchange Commission (SEC), which oversees and regulates the securities markets, has been at war with numerous cryptocurrency companies, including Ripple. 
The agency is led by Chairman Gary Gensler, who has expressed strong reservations about the crypto industry over the years. For instance, he described Bitcoin (BTC) as “a speculative, volatile asset that’s