📮 The weekly highlight of the crypto market (August 14-21)

Also, we'll cover the connection between Trump and Ethereum and the Bitcoin "party."

Hey, crypto crusaders! It's Monday. Ready to conquer the virtual Web3 frontier once again with us, your buidlbee team? It's time to rock those charts and tame those wild tokens. So grab your favorite energy drink, don your lucky hodl socks 🧦, and let's dive into another day of blockchain brilliance. With that said, here is what we have prepared for you today:

  • Donald Trump and Ethereum;

  • List of major crypto events for August 14-21;

  • Tokens launch and unlock;

  • Cryptocurrency and NFT airdrops and freebies.

Here's the big news:

  • Coca-Cola released an NFT collection on the Base blockchain.

  • Bloomberg: The SEC will delay a decision on all spot Bitcoin ETF applications.

  • Annual CRV emissions were reduced by 15.9%.

  • Over the weekend, Barry Silbert and Digital Currency Group (DCG) moved to dismiss Gemini's lawsuit against them, describing themselves as unrelated to Gemini Earn's dealings with Genesis.

  • Elon Musk vs. Mark Zuckerberg: looks like it's not over yet.

  • Amazon CFO Warren Jenson has joined Ripple’s Board of Directors. Amazon could release its first crypto product this year. Ripple and $XRP are now featured on Amazon's official website as AWS partners. Also, Ripple is in talks with the Reserve Bank of New Zealand to develop a central bank digital currency based on the XRP Ledger.

  • Huobi founder Li Lin has bought one of Hong Kong's most expensive mansions, MONT VERRA, for $128M.

Trump is holding Ethereum

Republican presidential candidate and former US President Donald Trump holds between $250,000 and $500,000 in Ethereum. According to the information, Trump earned $298,000 in license fees from the sale of NFT, and he still holds it in ETH rather than converting it to fiat.

The amount is small compared to Trump's $2.5B fortune. Nevertheless, he is the first high-profile US politician to own ETH or any other cryptocurrency, as far as the public knows.

Trump showing his coins to public

Earlier, it was reported that after the arrest of the former US president, sales of NFTs from his collection soared by 450%, and after his indictment, the figure rose even higher — by 500%. Therefore, NFT from Trump's personal series (Trump Digital Trading Cards) is a rare example of a truly successful collection.

Bitcoin ‘party’ is about to start

The popular cryptocurrency analyst, as well as rock star trader, shared with his 662,000 ex-Twitter followers his opinion on the imminent rise in the value of BTC.

Crypto trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin (BTC) as the flagship crypto asset hovers below a key resistance level. In reference to a potential upside move, Van de Poppe tells his ex-Twitter followers that Bitcoin is “close to a party”:

“Bitcoin party starts when we break $29,700.

Until then it’s just consolidation.”

He clarifies his attitude towards ETFs further:

“The ETF’s are just around the corner.

It’s way bigger than you think it is, as it will move markets.

Buy the dip, as much as you can for Bitcoin and Ethereum.”

The expert also expresses great doubts about some alarmists who predict a sharp and deep fall of Bitcoin instead of growth:

“In 2023, the largest asset manager applied for Bitcoin ETF.

In 2023, the largest fintech company launches a stablecoin.

Yet, you think Bitcoin will go to $12,000.

Think again.”

So, Michaël van de Poppe is sure that the real party in the crypto market will begin after crossing the magic level of BTC at $29,700. And this event is just around the corner!

Convenient tools for crypto trading

The German-based decentralized crypto exchange (DEX) CrowdSwap is devoid of both poor functionality and an uncomfortable user interface and has features that set it apart from competitors:

  • With user-friendly functionalities and access to on-chain data insights, the platform’s portfolio manager simplifies asset management and provides valuable information to navigate the dynamic crypto space effectively.

  • CrowdSwap's search algorithms ensure that users always get the best trade terms. By analyzing liquidity pools and constructing a model of their interconnections, CrowdSwap identifies the shortest, fastest, and most cost-effective routes for swapping assets.

  • With the any-to-any cross-chain swap feature, seamlessly execute swaps without the need for in-depth knowledge of underlying processes.

  • Put funds into staking/yielding with any (one) asset of the user's choice, e.g., BNB → Crowd/ARB pool.

  • The Fiat On-Ramp feature allows the purchase of tokens with fiat currency directly on the platform without intermediaries or centralized exchanges (with bank cards or bank accounts). This is possible without KYC for certain sums of acquisition.

To see all of the above benefits, click here.

Major crypto events (August 14-21)

August 14

  • Offshift ($XFT) v.2.0 CLI testnet release.

August 15

  • Binance will list two launchpool tokens: CyberConnect ($CYBER) and Sei ($SEI).

  • LooksRare ($LOOKS) will make a database upgrade.

  • BullBear AI ($AIBB) listing on New Exchange.

  • Biconomy and ZeroOne launch beta integration for Avalanche.

August 18

  • PodFast ($FAST) mobile app for Android launch.

August 20

  • Football World Community ($FWC) token burn, part 2.

Tokens unlock

August 14

  • The Sandbox ($SAND) - 332M tokens to be unlocked, which is 16.16% of the circulating supply.

August 17

  • ApeCoin ($APE) - 15.6M coins to be unlocked, or 4.23% of the circulating supply.

August 18

  • Oasis Network ($ROSE) - 171M or 3.40% tokens to be unlocked.

August 21

  • Injective ($INJ) - 2.86M tokens will be unlocked, or 3.41% of the circulating supply.

Token launchpads

August 14

  • Virtual Versions ($VV) is a social media platform to use 3D biometrically-backed AI avatars. The project’s coins are available on the DAO Maker Launchpad.

August 15

  • Antmons Entertainment ($AMS) is a meta NFT and P2E battle platform. Its tokens will be launched on Gate.io Startup.

August 17

  • Solidus ($AITECH) provides solutions for public sector applications, encompassing smart contracts, asset management solutions, and identity management solutions. Tokens will be available via ChainGPT Pad.

  • Bloxies Coin ($BXC) is a memecoin that fuels the Bloxies ecosystem. It will be launched on FinLaunch.

August 18

Crypto and NFT freebies

August 14

August 17

August 21

And as we log out, stay crypto-curious, stay crypto-savvy, and never forget – even in the darkest bear market, there's always a glimmer of a moonlit bull run ahead. 💡 Until the next blockchain rendezvous, stay decentralized and keep those wallets frosty! Catch you on the flip side!

Reply

or to participate.