- $BTC: 8/13 is the deadline for the SEC to give its opinion on the first filed ARK Invest Bitcoin spot ETF, which can be extended if no decision has been made yet. about to approve or deny
- $OP: Layer 2 BASE using OP Stacks technology will be deployed on August 9. In addition, $OP and other layer 2 also benefit from Ethereum's EIP-4844 upgrade in Q4
- $SHIB, $BONE: Shibarium mainnet is scheduled to launch on August 16 within the framework of the Blockchain Futurist conference. Abandoning the green name Memecoin, becoming a more "official" blockchain
-
$FXS: Upgrade to V3 with RWAs to roll out in the next 3-4 weeks – Leverage yield from traditional financial instruments (RWAs) like Government Bonds, bringing in an extra revenue stream for the protocol
Are there any other notable events? Everyone please help me
Monday, August 7, 2023
The upcoming Crypto has some notable updates:
NDAX Market Report, Key Notes & Crypto Overview
JUL 31 - AUG 6
Market Updates
- The global cryptocurrency market has reached a total market capitalization of CAD $1.55 Trillion.
- Bitcoin continues to lead the market with a dominance of 48.7%, followed by Ethereum at 19.0%.
Crypto News
- Why is Bitcoin price stuck? CoinTelegraph
- Bitcoin's 'hard money' status reinforced by US credit rating downgrade The Block
- What is Metcalfe’s Law, and why does it matter? Cointelegraph
- Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts CoinDesk
- Miami Mayor Francis Suarez to Accept Presidential Campaign Donations in Bitcoin Cointelegraph
- Worldcoin CEO defends token launch after criticism over unfair distribution The Block
Market Moves
- Bitcoin is currently the top trading pair on NDAX, followed Shiba Inu, Ether, XRP, Compound and Dogecoin.
- Over the past 7 days, the value of Bitcoin (BTC) has decreased by 0.12% and is currently being traded at $38,745. Ethereum (ETH) is down 0.94% during the same period and is now being traded at $2,450.
Upcoming Events
- Aug 10 – July CPI reading
- Aug 11 – SEC response date for Ark 21Shares ETF
- Aug 25 – CME expiry
- Sept 1 – 1st SEC Deadline for BlackRock iShares ETF
- TBD – SEC Eth Futures Deadlines
Crypto News Today and New #LearnSEO
The Canadian Police look to combat crypto scams. How stablecoins are losing #Bitcoin buying power. More #LearnSEO courses from #Web3Grandpappa.
#Web3Business News is #ZentaNews 2023/08/07
#LearnSEO from #Web3Grandpappa
Bitcoin’s Perpetual Futures Funding Rate Skyrockets: Decoding Its Implications by: Web3 GrandPappa
Explore the reasons behind Bitcoin’s soaring perpetual futures funding rate this August and its potential consequences for the crypto trading world….
OPNX Eyes Hodlnaut: A Bid to Revitalize the Singaporean Crypto Lender by: Web3 GrandPappa
Dive into OPNX’s ambitious bid to acquire the troubled Singapore-based crypto lender, Hodlnaut, and its potential impact on the crypto-financial landscape…
Discover the three vital ESG changes PoS Layer 1 protocols need to embrace for an unparalleled user experience in the #blockchain realm…
Dive deep into the intriguing relationship between the growing stablecoin supply and its diminishing buying power in the Bitcoin market. Discover the factors influencing this shift….
New Linkedin Page by: Kingfisher’s Media
Distributing new social account created for the company…
A skill is the learned ability to act with determined results and good execution, often within a given amount of time, energy, or both. Skills can often be divided into domain-general and domain-specific s…
Canadian Police Deploy Chainalysis Reactor to Combat Crypto Scams by: Web3 GrandPappa
This in-depth article explores the role of blockchain analytics in law enforcement and its potential impact on the fight against cryptocurrency-related fraud….
#LearnSEO Courses
The importance of Local SEO and marketing by: Web3 GrandPappa
By Submitting your site to high quality local directories is a beneficial strategy to improve your online visibility local S E O, and attract more relevant traffic. Local directories are platforms that l…
Introduction to Google’s Search Quality Rating and SEO #LearnSEO by: Web3 GrandPappa
Dive into the essence of Google’s Search Quality Rating, its significance in the world of #SEO, and the pivotal guidelines steering it….
Discover the importance of trustworthiness in website SEO, how #Google emphasizes it, and the undeniable advantages of being a trusted online entity….
Incorporating 2023’s Top SEO Trends into Your Digital Strategy by: Web3 GrandPappa
Delve into 2023’s most influential SEO trends, shaped by Google’s algorithm updates, and learn how to seamlessly integrate them into your digital strategy…
Decoding Google’s E-E-A-T: The Blueprint for Quality Content by: Web3 GrandPappa
E-E-A-T, representing Expertise, Authoritativeness, and Trustworthiness, has gained significant traction in the world of SEO. Google’s algorithm focuses on these criteria, underlining their importance in c…
Google’s Climate Goals: What Less Crawl Frequency Means for the Digital Sphere #LearnSEO by: Web3 GrandPappa
Explore Google’s potential move to reduce web page crawling frequency as a part of its 2023 carbon-free energy mission….
Image SEO Revitalized: Making Visuals Work for Your Digital Presence #LearnSEO by: Web3 GrandPappa
A magnifying glass hovering over a vibrant image, symbolizing the deep analysis and optimization process of Image SEO….
#Web3Events:
Kingfisher’s Media℠ LLC COMMUNITY ACTIVITY EVENTS CALENDAR
Jul 1 — Oct 1
Other
Our 2023 Q3 Business and Community Calendar
ZentaNews is just one part of Zentaurios. Zentaurios is a community of people who represent what hard work and honesty bring to Web3.
You can join the effort on the Signup Page
You can support the effort by minting the Polygon NFT
You can find all the posts and profiles on Zentaurios.app
Or, you can do all three!
#Zentaurios Zenta News #Web3Media #ZentaPost #ZentaNews
So Many Good News, What Does It Need to Finally Turn the Needle upwards?
In the midst of this protracted bear market, several interesting developments have taken place that should potentially shift market sentiment towards bullishness. Just today, we saw our beloved Reddit Moons being listed on Kraken and PayPal rolling out its very own dollar-pegged stablecoin (PYUSD), two events, which would have caused a frenzy during a bull market. Furthermore, the rumors of an imminent Bitcoin Spot ETF approval with a first deadline this September are all over the place.
1) The listing of Moons on Kraken.com (kudos to you guys) is significant. It shows mainstream exchanges are now acknowledging and integrating community-driven tokens, potentially opening up opportunities for other similar tokens in the future and make Reddit a front runner for social media tokens.
2) PayPal's PYUSD stablecoin could further drive crypto adoption. As a mainstream payment giant, PayPal's move into the stablecoin arena not only boosts the legitimacy of the crypto space, but it could also catalyze the everyday use of crypto, particularly for its 400 million+ user base.
Finally, the anticipated approval of a Bitcoin Spot ETF, which would be the first of its kind in the US, is another exciting prospect. The entry of traditional finance giants such as BlackRock, Wisdomtree or Fidelity into the Bitcoin ETF race speaks volumes about the growing acceptance of crypto assets. An approval here could unlock a massive wave of institutional and retail investors.
Despite the bearish market and short term down driver such as Huobi, these developments could serve as catalysts for a potential market turnaround.
What do you think needs to happen next for the market to turn bullish? Your thoughts and insights are welcomed.
Let's keep our fingers crossed and continue to navigate these choppy crypto waters together!
TL:DR: there are plenty of developments to be bullish on the crypto also in this crab market.
Subscribe to:
Posts (Atom)