In the fast-paced world of altcoin projects, staying informed is crucial. Today we bring you a comprehensive summary of the most important events shaping the crypto asset world. From market fluctuations to Blockchain innovations, join us as we examine the latest developments driving the cryptocurrency world forward. Whether you’re an experienced investor or someone new to the world of crypto, this daily briefing will keep you informed on the latest events that matter in the exciting world of digital finance. Here are the details…
Today, this is critical for altcoin projects
- EOS will end suspended transactions today.
- Token 2049 Asia event will end today.
- StakeCube lists BlackCoin (BLK).
- BitMart lists CHAVO (CHA).
- BitMart lists CRE with USDT pair.
- SDF event ends today.
- Stratos (STOS) will release the Genesis file today.
- The FIL development summit will hold its last day today.
- LBR launches V2 Mining phase 2.
- METIS will make an announcement about the redistribution plan.
- Gnosis is fulfilling its community call today.
- DGEN will hold the Degen Huddle event.
- SSV will launch its mainnet today.
- BAKE will hold a question and answer event with Binance.
- CAKE and CYBER will hold a joint question and answer event.
- GNO will hold a question and answer session about RWAs today.
- StealthEX will hold a question and answer event with REI.
- CTSI will have a discussion with the developers.
- BAND and XOR will hold a joint question and answer event.
- LUNC will hold a question and answer event about Terra and TFL.
- Blockchain Rio Festival will hold its last day today.
- RBW will hold the Twilight Tactics Q&A event.
- Everscale (EVER) made a statement for its 109th proposal.
- SOMM will launch Turbo GHO.
- DigiFinex is listing HXA today.
- DIA continues voting on CAR #073.
- PAAL launches Gate.io web3 initiative today.
What is the latest situation in the market?
While Bitcoin’s price has been a bit more volatile over the past few days, it has remained above $26,000 even after the higher-than-expected US CPI figures released yesterday. Altcoins are also in the green a bit, with ETH regaining $1,600 and XRP approaching $0.5 once again. Bitcoin remained inactive at the end of last week and for several days over the weekend, as expected, failing to break the $26,000 mark. Things took a turn for the worse on Monday evening, when the primary cryptocurrency hit a two-month low of just under $25,000.
However, the bulls quickly halted the move and pushed the asset north. Within minutes, BTC recouped all its losses and traded close to $26,000 once again. All eyes turned to the United States on Wednesday. The world’s strongest economy displayed its August CPI figures, which came slightly above general expectations. In previous cases, this had led to greater volatility for BTC, but that was not the case yesterday. Bitcoin remained relatively stagnant and even added a few hundred dollars. As of now, it is trading above $26,000, its market cap is well over $510 billion, and its dominance over altcoins is just over 49%.
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