Critical for 32 Altcoins Today: Here’s the To-Do List!

On August 16, 2023, today, there will be significant developments for many altcoin projects. Here is a list of what will happen...
 Critical for 32 Altcoins Today: Here’s the To-Do List!
READING NOW Critical for 32 Altcoins Today: Here’s the To-Do List!

Welcome to a new day in the dynamic crypto money world where innovation and excitement continue to increase day by day. In today’s crypto recap, we are here to bring you a comprehensive list of the latest developments and events shaping the cryptocurrency landscape. From groundbreaking blockchain projects to regulatory updates, token launches and market movements, we have a selection of the most notable events. Today, there will be significant developments for many altcoin projects. Here is a list of what will happen…

This is important today for altcoin projects

  • Paribu listed Radiant Capital (RDNT).
  • Binance Futures will launch USDⓈ-M BTC and ETH 1229 Delivery Contracts with up to 25x leverage.
  • Binance has added BNT, FRONT, OXT and RPL as new borrowed assets on Cross Margin, as well as a new margin pair on Isolated Margin.
  • Binance, BETA/BNB, BTTC/BUSD, CELR/BNB, CHZ/GBP, CTK/BUSD, DENT/BUSD, ENJ/BRL, GAL/EUR, JST/BUSD, MANA/BRL, NEO/RUB, NKN/BUSD, It announced today that it will delist RUNE/GBP, SAND/BRL, SNT/BUSD, SUN/BUSD, VET/GBP pairs tomorrow.
  • The telecommunications world is talking about Helium Mobile, one of the first of its kind. It is witnessing a radical change with the launch of its $5 unlimited mobile plan in Miami.
  • Altcoin Sei has climbed to the top of South Korea-based Upbit by trading volume.
  • Binance US listed Cudos.
  • Seedify.fund (SFUND) performs Simba Exchange IDO.
  • Reserve Rights (RSR) is holding a question and answer event today.
  • Altcoin Alchemy Pay (ACH) is holding a Q&A event today.
  • Litentry (LIT) ends its Referendum 5 voting today.
  • WhiteBIT Coin (WBT) will hold a question and answer event today.
  • The SBS Earth conference will take place today.
  • Magic (MAGIC) will hold a question and answer event on Twitter Spaces.
  • EnjinStarter (EJS) performs Simba Exchange IDO.
  • Decimal (DEL) is holding a weekly question and answer event.

What is the latest situation in the market?

Meanwhile, as we reported on Cryptokoin.com, Bitcoin surged above $1,500 a week ago. It rallied above $30,000, hitting the highest level of the past few weeks. However, it failed to sustain its momentum and dropped nearly a thousand dollars the next day. Strangely, unlike previous similar situations, the US CPI figures remained stagnant after the release. The rest of the week was pretty much the same. Because BTC could not get out of the narrow gap between $ 29,200 and $ 29,500. Also, as expected, the weekend did not increase volatility for BTC and altcoin projects.

It started Monday with a minor dip towards $29,100. Also, the price jumped to $29,700 on Thursday. However, the bears have stepped up and pushed BTC back to $29,200 as of now. This came despite news of the first spot Bitcoin ETF released in Europe. Its market value fell below $570 billion. However, its dominance over altcoin projects increased by almost 0.5% in one day to over 49%.

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