Overall Crypto Market is Up 0.93%. Factors driving today’s top gainers’ performance offer insights for crypto investor Today,several cryptocurrencies have experienced notable price surges,adding to the overall market cap surging over 0.93%. Each of these top gainers has seen varying degrees of growth and recovery in the market. Let’s take a closer look at their performances and reasons behind their price fluctuations. Top Gainers : Bitcoin Cash(BCH) Bitcoin Cash, holding the fifth position among the top gainers, witnessed a surge of 3.85% today, reaching a price of $283.89. While it had a strong performance in Q3, reaching its highest price of $285, the cryptocurrency faced regulatory uncertainty regarding ETFs during Q4. However, Bitcoin Cash has managed to sustain its uptrend, even amidst challenges. In the past seven days, it saw a surge of 6.77%. Today’s surge can be attributed, in part, to Binance.US’s response to recent FUD over trading Bitcoin Cash (BCH) and their commitment to maintaining the coin’s reserves. BCH 24H Price Chart, Source: TradingView Sui(SUI) Sui,a relatively new player in the cryptocurrency field, has showcased its strength and determination to compete. Although SUI experienced a downtrend last month, hitting an all-time low of $0.558, the coin has displayed persistence, with a modest 1.56% surge over the past month. Today, SUI saw a significant surge of 3.71%, with the price standing at $0.6782. This surge broke the downtrend line, leaving the community curious about its future performance. SUI 24H Price Chart, Source: TradingView 1inch Network(1INCH) 1inch Network claims the top spot in terms of price surge today, with a significant increase of 8.84%. While it experienced a downward trend over the past week, it showed resilience with a 4.33% surge during that period. Notably,1INCH reached an all-time high of $0.2535, and in Q2, its user base doubled by 36%, leaving its strong community wondering if a bull run is on the horizon. 1INCH 24H Price Chart, Source: TradingView Conflux(CFX) Conflux emerges as the winner in the price surge game today, with an impressive surge of 11.23%. The cryptocurrency has demonstrated a strong recovery, with its price increasing by approximately 817.56% from its all-time low earlier this year. Over the past seven days, CFX experienced a surge of 4.88%, primarily driven by today’s substantial increase.Additionally, yesterday’s partnership between Dypius and Conflux Network aimed to deliver an unrivaled metaverse experience, contributing to the impressive surge. CFX 24H Price Chart, Source: TradingView Aave(AAVE) Aave, a decentralized finance (DeFi) coin, impressed with a surge of 4.73% today. However, it falls into the recovery category, considering its performance over the past week.Last Seven day it has seen some downward movement. The current price of AAVE stands at $76.01, fluctuating between a low of $72.35 and a high of $76.50. AAVE 24H Price Chart, Source: TradingView Also with the above gainers, Stacks also had a significant surge of 4.47% and kava had a surge of 4.92%. In summary, Bitcoin Cash, Sui, Aave, 1inch Network, and Conflux have shown significant price surges today, influencing their top gainers performance. While Bitcoin Cash maintains its uptrend amidst regulatory challenges, Sui breaks its downtrend, and Aave exhibits signs of slow recovery. Meanwhile, 1inch Network’s resilient surge raises questions about a potential bull run, and Conflux’s recovery game remains strong, fueled by recent partnerships.It will be interesting to observe how these cryptocurrencies perform in the coming days and whether these surges indicate sustained growth.

The Shiba Inu ecosystem token Bone ShibaSwap (BONE) has seen a staggering 88% price increase within the last 28 days, since Jun 15. Last Saturday, the price rally stopped for the time being at just under $1.50, which means that the Shiba Inu-based token has already experienced an interim price increase of over 120%. Since then, the BONE price has been in a consolidation. A look at the 1-day chart of BONE shows that the price initially shot above the 50% Fibonacci retracement level, but failed to defend the gains on a daily basis and eventually fell below the resistance. Thus, the $1.38 level is the key resistance. The current correction has caused the overheated daily RSI to reset from 81 to 61. Still, further consolidation might be needed to ignite further upside potential. A target for bears could be the 100-day exponential moving average (EMA)and the 38.2% Fibonacci level in the $1.00 to $1.01 range. After a potentially necessary reset of technical indicators and another breakout above $1.38, the 61.8% Fibonacci retracement level at $1.50 and the 78.6% Fibonacci retracement level at $1.80 would then be the next targets before the all-time high of late February 2023 at $2.10 would be within reach. Shiba Inu: Reasons For The BONE Price Rally The main reason for the current rally in the price of Shibaswap Bone (BONE) can be seen in the announcement by Shiba Inu chief developer Shytoshi Kusama about the launch of Shibarium next month. BONE will be the governance token of the upcoming highly anticipated layer 2 network and will also serve as a gas token. As NewsBTC reported, Kusama published a new blog post last week stating that Shibarium will “likely” be unveiled at the Blockchain Futurist Conference. The conference will be held on August 15 and 16 in Toronto, Canada. BONE will then not only be the official governance token for Shibarium, but will also be used for any payment of transaction fees (gas fees) on Shibarium. Thus, BONE will get a great utility that did not exist before. Undoubtedly, this will increase the demand for BONE. Traders might currently try to front-run the news. In classic crypto fashion, the event could become a “buy the rumor, sell the news” event. Investors should therefore be cautious. Worth noting: While BONE is rallying strongly, Shiba Inu has fallen -1.5% in the last seven days. The popular dog-themed cryptocurrency managed to break out of a multi-month downtrend channel, but currently lacks momentum to confirm the breakout. While BONE is benefiting from the Shibarium news, SHIB investors seem to remain skeptical and suffer from the launch delays. The network was originally scheduled for a 2022 release.

LAS VEGAS–(BUSINESS WIRE)–$AGREE #200_million_projected_annual_revenue_2023—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), today provides a business update letter to stockholders. Dear Stockholders, We are pleased to provide you with a business update as we enter the third quarter of 2023. Our commitment to transparency and effective communication drives us to share clear and concise information about our company’s financial status and strategic holdings. As of July 11, 2023, Ault Alliance had approximately 2.1 million shares of common stock outstanding. Based on our balance sheet as of March 31, 2023, the book value of our shares stands at approximately $80 per share. In addition, on March 31, 2023 we reported total assets of $527 million. Looking ahead, we project robust financial growth with an anticipated $200 million in annual revenue for the year 2023. These positive projections are a testament to the strength of our business model and our commitment to create value for our stockholders. We also want to provide an update on our portfolio of holdings. Ault Alliance is a diversified company with numerous subsidiaries and holdings in both public and private companies. Notably, we have strategic investments in innovative biotechnology companies Alzamend Neuro, Inc. and AdTech Pharma, Inc. These are just a few of the significant investments that help position Ault Alliance as a diversified holding company. Our corporate structure is currently as presented in the organization chart. We thank you for your continued support and your interest in Ault Alliance Inc. We look forward to delivering another strong year and will continue to keep our valued stockholders updated on our progress. Ault Alliance notes that revenue estimates and other projections are subject to volatility in Bitcoin market price, the fluctuation in the mining difficulty level and other factors that may impact the results of Bitcoin mining production or operations. Revenues from Ault Alliance trading activities include unrealized gains and losses from market price changes, which can cause significant volatility in the Company’s periodic earnings. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at https://www.ault.com/ or available at https://www.sec.gov/. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.ault.com. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10‑Q and 8-K. All filings are available at https://www.sec.gov/ and on the Company’s website at https://www.ault.com/. Contacts [email protected] or 1-888-753-2235

MacStadium has secured two patents: one for retrofitting current racking designs with KVM devices (aka, helmets) to offer local and remote keyboard, video and mouse access to Mac servers, and one to offer a new rack shelving architecture and design aimed at optimizing server density The helmet design was rapidly prototyped and refined via 3D printing technology and is manufactured via injection molding, dramatically reducing time to market and yielding very low cost per unit economics The new shelf design offers six times the server density of older Mac Pro racks and 50% more server density than existing Mac mini racks. Importantly, this optimized density design also includes the KVM devices ATLANTA–(BUSINESS WIRE)–#Apple—MacStadium, the industry-leading Mac private cloud and software-as-a-service provider enabling macOS workloads, today announced it has secured two patents: one for injection molded “helmets” providing keyboard, video and mouse (KVM) and precise power button control remotely, and one for a new rack shelving design with optimizing server density along with the KVM system. MacStadium’s helmets, which sit atop a Mac mini or Mac Studio, are specifically designed to retrofit the company’s current shelving offering. Leveraging 3D printing technology to rapidly prototype and refine the design, this innovation dramatically reduces time-to-market and yields very low cost per unit. While the helmets remain compatible with former shelving solutions, the new shelf design offers six times the server density of older Mac Pro racks and 50% more server density than existing Mac mini racks. Additionally, each Mac server is provisioned with an Apple-focused KVM device providing significant capabilities and advantages while slashing rack shelving costs by 50% or more. “These patents offer an exciting glimpse into how much we have grown and evolved our technology to better service our customers with scalability on-demand and faster deployment made possible via our enterprise hardware program,” said Paul Benati, MacStadium’s senior vice president and COO. “MacStadium has been and remains at the forefront of Apple enterprise innovation. As the first to market with new Apple servers, we continue to innovate, prioritizing reduced system friction, increased customer ease and satisfaction and decreased costs.” MacStadium’s proprietary helmet – which is currently in production – houses a temperature probe, LED light, OLED display and a servo, which allows for granular remote control of Apple devices’ power button. These KVM devices can remotely control the Apple devices to which they are connected, eliminating the need for customers to request server control and for IT teams to physically go to data centers to correct issues. With these remote control and self-service features, customers unlock new capabilities, including the ability to dynamically define the purpose of the Apple device, access to network storage and the long-awaited ability to run FileVault. The KVM system is securely accessed via SSL, SSO integration and authentication and authorization via lightweight directory access protocol (LDAP). The shelving system, which will soon begin production, is designed to hold 24 Mac minis and 24 Apple-focused KVM devices, increasing the capacity of a standard rack to 144 Mac minis. In addition to increased operational efficiencies and secure server access from anywhere in the world, the shelving design offers tremendous cost savings due to its injection molded manufacturing. Not only is this manufacturing offered globally by a multitude of vendors, but it also allows for reduced shipping costs and more server density per square foot due to the product’s reduced bulk and weight. These innovations provide a clear competitive advantage for customers and are just some of the foundational elements of MacStadium’s offering, aimed at driving Mac compute to customers via self-service. The patents come after MacStadium announced Orka Workspace with Pulse, designed to enable high-definition audio and visual streaming on virtual Mac desktops via any HTML5-supported browser. In addition, the company recently made public its Orka Small Teams edition, a self-service purchase option, giving MacDevOps teams immediate access to the industry’s leading enterprise-grade macOS virtualization and orchestration tool. As tech companies look to streamline operations and maximize their resources, this automation is critical to remain competitive. To learn more about MacStadium’s latest patents, please visit https://www.macstadium.com/datacenters. For more information on Orka and its features, visit https://www.macstadium.com/. About MacStadium Founded in 2011 and headquartered in Atlanta, MacStadium is a private Mac cloud provider delivering scalable and secure enterprise cloud solutions exclusively for macOS. The company’s suite of advanced software-enabled infrastructure, combined with its innovative technology, delivers the security, performance, reliability and flexibility its MacDevOps customers require for successful app development on Apple devices. Powered by MacStadium, Orka® (Orchestration with Kubernetes on Apple) Platform is the only virtualization layer available for Mac build infrastructure based on popular Docker and Kubernetes technology. MacStadium is a Summit Partners portfolio company with multi-site operations in the U.S. and EU. Please follow the company on social @macstadium or visit macstadium.com. Contacts Treble Matt Grant [email protected]

A crypto investor purchased a PEPE of around 613B overall. A set of ETH was spent for the purchase on their wallet. The second week of July 2023 has kept the global crypto market capitalization at a certain percentage high. Comparatively, the whales are ongoingly spotted in recent while with Bitcoin and other altcoins as well. As of now, the huge Ethereum (ETH) was sold in order to purchase Pepe Inu (PEPE) by the crypto investor named OSF on Twitter. The effect of such whale purchases of PEPE has led to a price surge with an increase of 1.65% in the overall market value. Yet, the investor who stacked a lot of PEPE might hold an effective number of approximately 613 billion in count from this purchase. Details of Purchase OSF has purchased 173B PEPE over the last 24 hours as per the reports of Etherscan. This highlights the prolonged purchase by OSF thereby spending 141 ETH on the last transfer. Meanwhile, a transaction worth $265K ETH was spent. Furthermore, a count of 536 ETH worth $1.04 million was spent. Again, a total of 613B PEPE during the time period of June 14 to July 11, 2023. OSF has bought all tokens with a market price of $0.00000169. Currently, the circulation supply of PEPE has reached 391 trillion which is approximately 93.13% of its total supply. And, the trading volume is dropping by 28.99% worth $81M. The market capitalization surges by 1.10%. The demand and supply of this token is getting increased in the meanwhile over this whale. ETH vs PEPE Though PEPE was bought in huge selling ETH on the other hand, while ETH is being traded at $1889.85 and PEPE is at $0.000001534. This is with respect to the price value stated by CoinMarketCap. Comparatively, the graph of ETH points higher than the one that was purchased. ETH vs PEPE Price Chart (Source: CoinMarketCap) Subsequently, the investor might have got other plans with PEPE so that the stacking would prominently be helpful. Highlighting Crypto News Today: ConsenSys Launches Linea Network To Boost Ethereum Scalability

Coinbase, one of the leading cryptocurrency exchanges has experienced a surge in its stock price, despite a large sale of shares by Cathie Wood’s Ark Investment Management LLC. On July 11, Ark Investment Management sold approximately 135,152 Coinbase shares, worth around $12 million. This marked Cathie Wood’s first sale of Coinbase shares since July 26, after nearly 11 months of consistently buying up the stock. Cathie Wood’s Ark Investment Management Sells Significant Stake In Coinbase Cathie Wood’s investment in Coinbase solidified Ark Investment Management as one of the major stakeholders, ranking fourth in terms of Coinbase shares held. However, the recent sale by Ark Investment Management suggests a shift in strategy as the firm decided to put a pause on its buying spree. Notably, Cathie Wood’s Coinbase stock buying frenzy came at a time when the crypto market was in a period of uncertainty, specifically during the regulatory scrutiny from the US Securities and Exchange Commission (SEC), the fallout from the FTX exchange, and an increase in bankruptcy cases which cast a shadow over investor sentiment. Though there are no specific reasons why Cathie Wood has decided to sell a large portion of its Coinbase shares, this move can be attributed to being a reflection of a calculated response to the current market conditions. Over the past month, the US regulator has intensified its scrutiny of the industry and this intensification has impacted even larger players in the industry such as Binance and Coinbase. Both exchanges saw the US SEC file a lawsuit against them over the alleged offering of unregulated securities. COIN Buck The Trend Despite the large sale of Coinbase’s shares by Ark Investment Management, the market reacted unexpectedly as the stock price defied expectations and surged by nearly 10% in just one day. Particularly, over the past 24 hours, Coinbase shares saw an increase of 9.78%, reflecting a positive investor sentiment. The stock has seen an increase from the $46 level which it traded at early in June, to trading at a price of $91.54, at the time of writing. The performance of Coinbase’s stock is noteworthy, considering the context of the crypto market. Since the beginning of the year, Coinbase’s stock has been on an upward trajectory, with its stock surging more than 150%. This increase has outpaced the overall cryptocurrency market, which has gained around 50% in the same period. Coinbase’s performance reflects the confidence of investors in the platform and its ability to navigate the challenges and opportunities within the crypto industry. It is worth noting that while Coinbase’s stock has surged nearly 10% in the past day, the global crypto market has only seen a mere 0.5% increase over the same period. Featured image from iStock, Chart from TradingView

ARKK sold 135,152 Coinbase (COIN) shares valued at over $12 million on July 11. The CBOE mentioned Coinbase as a partner in conducting surveillance. Ark Invest, the investment management business run by Cathie Wood, sold Coinbase (COIN) shares on Tuesday as the price hit a new high for the year. Shares of Coinbase remained rising when several spot Bitcoin ETF applicants picked Coinbase as its surveillance-sharing partner, despite a lawsuit from the US Securities and Exchange Commission (SEC). The leading ARK Innovation ETF (ARKK) managed by Cathie Wood sold 135,152 Coinbase (COIN) shares valued at over $12 million on July 11. According to the transactions database, this is the first time ARK Innovation ETF has sold COIN shares since July 26 of last year. Booking Profits Furthermore, after accumulating shares in Coinbase (COIN) since last year, ARK Fintech Innovation ETF (ARKF) unloaded 160,887 of them in March. Despite the volatile cryptocurrency market, US governmental crackdown, and sector bankruptcy, Ark Invest has been a major investor in Coinbase for the last year and is now the fourth biggest holder. After seeing Coinbase’s stock price rise 10% to an intraday high of $92.15 before closing at $89.15, Cathie Wood’s Ark Invest opted to sell some of its holdings. In agreements covering the refiling of five spot Bitcoin ETFs, the Chicago Board Options Exchange (CBOE) mentioned Coinbase as a partner in conducting surveillance. Moreover, since the price of Coinbase (COIN) has risen 165% so far this year and 76% in the past month, the sale of shares by Cathie Wood suggests that she is likely booking profit. The price of COIN shares has risen further following the close of trading. Highlighted Crypto News Today: Cboe Refilings Added More Pressure on SEC to Approve Bitcoin ETF

The court rules that LBRY, Inc. violated Section 5 of the Securities Act of 1933. Attorneys assess the significance of this judgement in regard to Coinbase and Ripple case. The United States District Court for the District of New Hampshire has released its final judgement in the case of SEC v. LBRY. The court rules that LBRY, Inc. violated Section 5 of the Securities Act of 1933 and penalizes the company accordingly. In light of the continuing legal struggle between the SEC and others like Coinbase and Ripple, attorneys assess the significance of this judgement. Violation of Securities Act The Court approved the SEC’s Motion for Summary Judgement on November 7, 2022, finding LBRY liable for breaching Section 5 of the Securities Act. In light of the Court’s decision (Doc. 86), the Commission moved for the entry of a Final Judgement, which the Court has now granted. As a result of the Final Judgement, LBRY is prohibited from further breaching Section 5 of the Securities Act. In addition, under Section 21(d)(5) of the Exchange Act, LBRY is permanently prohibited from taking part in, or causing or permitting any other person to take part in, any issuance of crypto asset securities that is not registered under the Act. The LBRY decision casts doubt on how the pending dispute between the SEC and Ripple and Coinbase will turn out. The Major Questions Doctrine and secondary sales were not addressed in the LBRY judgement, which instead focused on Section 5 infractions. Similar claims about the selling of XRP as unregistered securities are at the heart of Ripple’s argument. According to Deaton, the SEC used the summary judgement ruling in the LBRY case to support its position in the Coinbase case, arguing that the court erred in failing to distinguish between primary sales from the issuer (LBRY) and secondary sales on exchanges. Highlighted Crypto News Today: Solana (SOL) Enters Top 10, Overtaking Litecoin (LTC)

The MATIC price has increased by over 15% since the beginning of the month. The BNB price is expected to continue its climb toward the $300 intermediate goal. Bitcoin (BTC) has been settling around the $30,500 level for some time after a significant gain in the second half of June 2023. The price has been consolidating around these levels, exhibiting compression, throughout July. Moreover, this indicated a breakout is possible in the near future. On the other hand, Polygon (MATIC) and Binance Coin (BNB) are two altcoins that have shown tremendous growth in popularity recently. Santiment, a famous on-chain platform, reports that as the BTC price continues to drop below $31,000. These tokens are attracting the interest of many traders. Bullish Momentum Ahead Consequently, enormous bullish flags are waving around their values, which may be more potent than the BTC and ETH rises. The price of Polygon (MATIC) has been exhibiting extreme strength for over a month, as it has been consistently making new highs and new lows in its trading range. The MATIC price has increased by over 15% since the beginning of the month, while most other cryptocurrencies (particularly BTC and ETH) have remained stagnant. It is expected that the price will continue to rise strongly over the next several days, reaching the first aim of $0.8 and then attempting to achieve $0.9, which might then overcome the obstacles to achieving $1. More importantly, the Binance Coin (BNB) price has maintained a steady trend inside a predefined threshold. The last few days have seen a massive injection of liquidity into the coin, which has increased the purchasing pressure. Since bullish technical persist, the BNB price is expected to continue its moderate climb toward the $300 intermediate goal. Highlighted Crypto News Today: Breaking News: 20M MATIC Transferred from Polygon Staking to Unknown Wallet

Linea uses zero-knowledge proofs and is EVM-compatible. ConsenSys claims quicker throughput and 15 times cheaper transaction costs. ConsenSys is beginning to onboard partners to their Linea network, which has generated substantial scaling milestones in testing. And this is great news for the Ethereum ecosystem as a whole. Linea is a layer-2 scaling network for Ethereum that facilitates the creation of, and migration to, decentralized applications. It uses zero-knowledge proofs and is EVM-compatible, thus its applications may communicate with the Ethereum blockchain without any further development. Quicker Throughput and Cheaper Transactions During the testnet phase, about 5.5 million individual wallets processed over 46 million transactions. ConsenSys detailed the enhancements made to Linea during testing that enhanced performance, reduced transaction costs, and enhanced the user experience. ConsenSys claims quicker throughput and 15 times cheaper transaction costs than those processed on Ethereum’s mainnet. And the gradual alpha rollout started on July 11 with more than 100 partners. Users of Linea may use the Ethereum browser wallet MetaMask from ConsenSys, allowing them to purchase, sell, and exchange tokens. The proliferation of layer 2 Ethereum scaling protocols and solutions was singled out by Joseph Lubin, founder, and CEO of ConsenSys, as a major factor propelling the development of Web3 apps and features. In light of Linea’s rapid finality, capital-efficient bridge, and the security inherited from Ethereum’s mainnet, a recent announcement was made that highlights decentralized finance (DeFi) apps making the switch. Meanwhile, the network provides low latency, fast throughput, and cheap gas prices, all of which are essential for decentralized apps, games built on the blockchain, and social networks. More than 30 venture capital companies are participating in the Linea Ecosystem Investment Alliance (EIA), which was also created by ConsenSys. Highlighted Crypto News Today: XRP Set to Soar as CertiK’s Comprehensive Security Audit Validates Bullish Outlook

The second spot is secured by Ondo Finance with $132.79M TVL. Justin Sun expressed his delight with stUSDT’s rise in DefiLlama’s RWA TVL Rankings. Through the decentralized platform JustLend, the TRON ecosystem recently welcomed its first Real World Asset (RWA) product: stUSDT. Justin Sun, creator of TRON and member of Huobi’s global advisory board, predicted that stUSDT will become the cryptocurrency equivalent of Alipay’s Yu’e Bao, a money market fund service provided by Alibaba. Sun believes it will act as a conduit for the integration of conventional markets into blockchain ecosystems, giving crypto consumers more freedom of choice. Enticing Investors To further facilitate new users’ introduction to RWAs on TRON. The stUSDT platform will run a welcome campaign from July 10 through August 10, 2023. Increasing the APY to as much as 10% (from the usual 5%). From July 3rd through August 10th, users may also take advantage of reduced stUSDT redemption costs. Since its release, the TRON-based RWA product stUSDT has generated substantial buzz because of its massive worldwide user base and $50 billion stablecoin market worth. Recently, Justin Sun expressed his delight with stUSDT’s rise to the top of DefiLlama’s RWA TVL Rankings. DeFi TVL is aggregated by DefiLlama. stUSDT has a TVL of $163.76M as of this writing. The second spot is secured by Ondo Finance with $132.79M TVL. In order to keep up with other leaders in the cryptocurrency market. The Tron (TRX) team has been quite busy throughout the last several years. Also, throughout the week of July 1–7, Tron achieved a number of important milestones, which were recounted by the @Trondao Twitter account. The fifth season of the Tron Grand hackathon kicked began on July 6, marking one of the most significant events of the last week. Highlighted Crypto News Today: Breaking News: 20M MATIC Transferred from Polygon Staking to Unknown Wallet

The Spot Bitcoin ETF has made headlines in the crypto market over the past few days. Bitcoin ETF filings directly impacted the Coinbase stock price. In the world of the crypto market, the Bitcoin Exchange Traded Fund (ETF) has caught the attention of the crypto community. Recently, the former chairman of the U.S. Securities and Exchange Commission (SEC) stated that the Bitcoin ETF should be approved. While these things are going around, Cboe, the global market, has made a significant move that has added more pressure on the SEC. On June 11, all five Bitcoin ETF applications from the Cboe added a Surveillance Sharing Agreement (SSA) with the leading crypto exchange Coinbase. The Cboe updated the BTC ETF filings with the U.S. SEC from Invesco, VanEck, WisdomTree, Fidelity, and the joint fund by ARK Invest. The updated filings clearly show that it has reached out to Coinbase to enter into the Surveillance Sharing Agreement. In the earlier filings, Cboe mentioned that it was expecting to enter into a surveillance-sharing agreement with Coinbase. However, the agreement was settled on June 21 for each filing. On Tuesday, they showed the updated original filings with the U.S. SEC. Coinbase’s Stock Price Surges After Bitcoin ETF Filings The Surveillance Sharing Agreement, which is referred to as SSA, has become the most important part of Bitcoin ETF applications after the SEC comments. The U.S. SEC has stated that these agreements are necessary to prevent market manipulation. The Spot Bitcoin ETF has made headlines in the crypto market over the past few days. Recently, the SEC rejected the Bitcoin filings, saying that the filings were not sufficiently clear and comprehensive. After the SEC comments, every firm has started refiling the BTC ETF with the SEC. As the whole crypto market is waiting for the SEC’s approval, Cboe filings have added more pressure on the SEC to approve the BTC ETF requests. The updated Bitcoin ETF filings directly impacted the Coinbase stock price, which went up. After the recent Cboe BTC ETF filing, the price rose significantly. The Coinbase share price experienced an impressive surge of over 10% on Tuesday. Moreover, it has reached its highest price since August 16, according to Google Finance.

Solana (SOL) claims a top 10 position by surpassing Litecoin (LTC) in market cap. The Solana market soared 15.5% in just one week, from $7.7B to $8.8B. Solana (SOL), often referred to as the “Ethereum killer,” has made significant strides in the cryptocurrency market, surpassing Litecoin (LTC) to claim the 9th position on CoinMarketCap. SOL’s impressive performance, marked by a 46% surge in price over the past month, has sparked bullish predictions among analysts. Solana’s climb in the ranking resulted from a major rally in its market cap. The heightened activity on its network has propelled the market cap of SOL from $7,700,930,946 to $8,898,065,422, which soared over 15.5% in a week. In comparison, Litecoin (LTC) currently maintains a market cap of $7,109,710,294. Solana (SOL) Shines with Bullish Momentum While the global crypto market grapples with fluctuations, Solana has stood out with its remarkable gains. At the time of writing, Solana (SOL) traded at 22.14 with a 24 hour trading volume of $383 million. SOL has recorded a 2% increase in a day and a substantial 15% gain over the past week. Solana (SOL) Price Chart (Source: Tradingview) Further, Solana has achieved a notable milestone by breaking through both long-term and short-term resistance lines, signifying a crucial turning point for the cryptocurrency. Recently, the Securities and Exchange Commission (SEC) “labelled Solana (SOL) as a security” along with 13 other cryptocurrencies. Following that, the Solana Foundation has responded to the SEC’s decision by expressing its disagreement with the classification of Solana (SOL) and other cryptocurrencies as securities. However, Solana’s rise in both price and market position has captured the attention of the crypto community. Also, its strong performance and increased adoption indicate that Solana may be well-positioned to assert itself as a significant player in the crypto space. Possibly disrupting the dominance of established cryptocurrencies like Litecoin and Ethereum. Recommended for you Solana (SOL) Price Prediction 2023

As the highly anticipated US Consumer Price Index (CPI) data for June is set to be released today at 8:30 am EST, the Bitcoin (BTC) market finds itself at a crucial crossroads. With inflation concerns lingering and the Federal Reserve’s next moves under scrutiny, market participants eagerly await the impact of the CPI figures on BTC’s price trajectory. The expectations are as follows: Headline y/y at 3.1% (last 4.0%) Headline m/m at 0.3% (last 0.1%) Core CPI y/y of 5.0% (last 5.3%) Core CPI m/m of 0.3% (last 0.4%) The Fed’s Battle Against Inflation In recent months, inflationary pressures have been a cause for concern, capturing the attention of investors and economists alike. While headline inflation is cooling off fast and expected to fall further to 3.1% (from 4.0% in May), it is the core CPI, which excludes volatile food and energy prices, that has become increasingly important. In recent public appearances, members of the Federal Reserve (Fed) have maintained a hawkish stance and expressed concerns about a potential resurgence of inflation regarding the elevated core inflation. The underlying concern stems from the fact that inflation has primarily declined due to resolving supply chain problems, while core inflation remains elevated. The rise in wages could contribute to a cycle of increasing sticky core inflation. Although core CPI was at 5.3% in May, experts now anticipate a gradual decline to 5.0% in June. While this is progress, it shows how sticky core inflation currently remains. An unexpectedly sharp drop would therefore be extremely bullish. Any number below expectation could lead to a rally in the Bitcoin and cryptocurrency markets, as Christopher Inks, renowned trader and psychology coach, tweeted: A surprise in core inflation could have a significant impact on the next rate hike decision by the Fed. The next FOMC meeting is on July 26. At the moment, the CME FedWatch tool predicts with 92.4% a 25 bps rate hike which is holding back the markets. This probability is likely to drop massively if the core CPI surprises to the downside. As usual, JP Morgan has drawn up a game plan for the S&P 500 in view of today’s release of the Consumer Price Index. According to the banking giant, a drop in the CPI to 3%-3.2% has the highest probability at 45%. The S&P 500 could then gain between 0.5-0.75%. The second-highest probability is given by JP Morgan to a drop in the headline CPI to 2.8% to 2.9% (25%). In this case, the S&P 500 could rise by 1.5-1.75%. Moreover, the banking giant gives a 10% chance to a fall of the CPI to 2.7% or lower, while a surpassing of the forecasted reading (above 3.3%) is just at 20%. Potential Scenarios For Bitcoin If the CPI figures come in higher than expected, signaling elevated inflationary pressures, BTC could face a temporary retreat. In the case of CPI falling within the predicted range, BTC’s response may be moderate. Investors will closely monitor the data for signs of sustained inflation, potentially resulting in a slight dip in Bitcoin’s price. A lower-than-anticipated CPI figure, suggesting easing inflationary pressures, could ignite a bullish rally in BTC. Investors may perceive this as a positive signal which is signaling a continued rate pause by the Fed. A lower-than-expected core CPI reading has the potential to provide a much-needed boost for Bitcoin. At press time, the Bitcoin price has managed to break above the mid-range resistance, trading at $30,767.

PawZone burns 1.4 billion $PAW tokens, emphasizing transparency and decentralization. Pawzaar and The Gaming Guild empower Shiba Inu enthusiasts within Shibarium. Shibarium ecosystem is witnessing a surge of activity and anticipation as PawZone, a trusted project, takes center stage with a significant development. In a move that emphasizes their commitment to transparency and decentralization, it has burned 1,400,000,000 $PAW tokens. It was valued at approximately $14,500. This token burn not only showcases PawZone’s dedication to its PawFighters but also sets the foundation for the introduction of its innovative product lineup. Shibarium Eco-System Builds Strong , PawZone a Key Player ? One of the notable offerings from PawZone is Pawzaar, a unique NFT marketplace specifically tailored for the Shiba Inu ecosystem. Through seamless integration with Shibarium, Pawzaar enables users to fully leverage their Shiba Inu and Shibarium assets. The marketplace supports transactions in a range of cryptocurrencies, including $SHIB, $LEASH, $BONE, $PAW, $ETH, $USDC, and the upcoming $SHI. It stands out with its feature that allows users to borrow or lease NFTs. It provides temporary access to the benefits and utilities these assets offer. The native currency of Pawzaar, $PAW, plays a crucial role in lending and borrowing transactions. And Now according to the coinmarketcap , the $PAW sees a surge of 3.72% with the successful burn undergone. And the price stands at $0.00001038. Another exciting facet of PawZone is The Gaming Guild, a platform designed to be the crypto gaming guild for the Shib Army. It allows members to borrow in-game assets while retaining most of their earnings. And also dedicates a portion of transactions to the Shiba Inu Burn address, contributing to the overall sustainability. The guild provides access to blockchain games with high entry barriers. It enables Shibarium enthusiasts to experience the potential of play-to-earn gaming without upfront costs. Summing up ,The recent token burn of 1,400,000,000 $PAW tokens by PawZone demonstrates its commitment to the PawFighters, transparency, and long-term sustainability. This strategic move paves the way for the introduction of Pawzaar, the NFT marketplace with Shibarium integration. And The Gaming Guild, the ultimate platform for Shiba Inu enthusiasts. Finally, With the introduction of the $PAW token, PawZone brings governance and utility to the forefront, ensuring active community participation. These innovative products by PawZone hold the potential to shape a vibrant and prosperous future for the Shibarium ecosystem and Shiba Inu Community.

Solana (SOL) has recently made a significant breakthrough, successfully shattering both long-term and short-term resistance lines and marking a pivotal moment for the cryptocurrency’s future. Resistance lines are an essential concept in technical analysis that represent price levels where selling pressure historically outweighed buying pressure, resulting in a temporary halt or reversal in an asset’s price movement. In the case of SOL, the breakthrough of both long-term and short-term resistance lines signifies a significant shift in the market dynamics. Breakout Signals A Shift In SOL Price Movement Analyzing the weekly time frame reveals an important development for Solana. Last week, SOL managed to break out from a long-term descending resistance line. Remarkably, this resistance line had been in place for a staggering 600 days, originating from the all-time high reached back in November 2021. Breakouts from such extended structures often serve as a significant indication that the preceding trend has concluded and a new one has commenced, but in the opposite direction. Considering SOL’s recent breakout from the long-term descending resistance line, it is highly likely that the cryptocurrency has initiated a new bullish trend reversal. This breakthrough represents a major shift in the market dynamics for SOL, suggesting that the selling pressure that previously impeded its progress has weakened or been overcome by increasing buying pressure. As a result, the stage is set for SOL to potentially experience an upward surge in value and embark on a new bullish trajectory. Meanwhile, over the previous week, Solana has experienced a notable 98.0% surge in trading volume, accompanied by a 0.91% rise in the coin’s circulating supply. Current SOL Price And Recent Performance At present, the SOL price listed on CoinGecko stands at $22.07, highlighting a notable 1.7% rally within the past 24 hours. Over the course of the last seven days, SOL has exhibited an impressive climb of 14.7%. These recent price movements further support the notion of a potential bullish trend reversal, as SOL continues to gather positive momentum. While the current analysis suggests a bullish outlook for Solana, it is essential to acknowledge the possibility of a price correction. If SOL loses its current momentum, there is a chance that it could retrace to the descending resistance line. However, it is worth noting that there are no immediate indications or signals in the short term to suggest such a decline is likely to occur. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from POSITRAN

Ethereum price is consolidating below the $1,900 resistance against the US Dollar. ETH could attempt another increase unless there is a close below $1,825. Ethereum is trading in a range above the $1,850 level. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,890 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears $1,890 and $1,900. Ethereum Price Holds Support Ethereum’s price made another attempt to gain strength above $1,900. However, ETH failed to settle above the $1,900 resistance and remained in a range, similar to Bitcoin. There was a bearish reaction below $1,880. A low is formed near $1,862 and the price is now moving higher. There was a break above the $1,880 level. The price climbed above the 50% Fib retracement level of the recent drop from the $1,905 swing high to the $1,862 low. Ether is now trading above $1,870 and the 100-hourly Simple Moving Average. Immediate resistance is near the $1,890 level. There is also a key bearish trend line forming with resistance near $1,890 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com The trend line is close to the 61.8% Fib retracement level of the recent drop from the $1,905 swing high to the $1,862 low. The first major resistance is near the $1,900 zone. A close above the $1,900 resistance could start a decent increase toward $1,955. The next major resistance is near the $1,975 level. Any more gains could send Ether toward the $2,050 resistance. Another Decline in ETH? If Ethereum fails to clear the $1,900 resistance, it could start another decline. Initial support on the downside is near the $1,870 level or the 100-hourly Simple Moving Average. There is also a connecting bullish trend line at $1,870. The first major support is near the $1,845 level, below which the price might revisit the key support at $1,825. The next major support is near the $1,770 level. Any more losses could send Ether toward the $1,720 support level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,845 Major Resistance Level – $1,900

Polkadot’s DOT is moving higher from the $5.0 support against the US Dollar. The price could rally if it clears the $5.30 and $5.40 resistance levels. DOT is slowly moving higher above the $5.15 resistance zone against the US Dollar. The price is trading above the $5.20 zone and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $5.10 on the 4-hour chart of the DOT/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above the $5.30 resistance. Polkadot’s DOT Price Aims Higher After a sharp decline, DOT price found support near the $5.0 zone. A low is formed near $4.98 and the price is now attempting a fresh increase, similar to Bitcoin and Ethereum. There was a break above the $5.15 and $5.20 resistance levels. There is also a key bullish trend line forming with support near $5.10 on the 4-hours chart of the DOT/USD pair. The pair is now trading above the $5.20 zone and the 100 simple moving average (4 hours). Immediate resistance is near the $5.30 level. It is near the 50% Fib retracement level of the downward move from the $5.62 swing high to the $4.98 low. Source: DOTUSD on TradingView.com The next major resistance is near $5.40 or the 61.8% Fib retracement level of the downward move from the $5.62 swing high to the $4.98 low. A successful break above $5.40 could start a strong rally. In the stated case, the price could easily rally toward $5.60 in the coming sessions. The next major resistance is seen near the $6.0 zone. Dips Limited? If DOT price fails to continue higher above $5.30 or $5.40, it could start a downside correction. The first key support is near the $5.15 level and the 100 simple moving average (4 hours). The next major support is near the $5.10 level and the trend line, below which the price might decline to $5.00. Any more losses may perhaps open the doors for a move toward the $4.80 support zone in the coming sessions. Technical Indicators 4-Hours MACD – The MACD for DOT/USD is now gaining momentum in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for DOT/USD is now above the 50 level. Major Support Levels – $5.15, $5.10 and $5.00. Major Resistance Levels – $5.30, $5.40, and $5.60.

Bitcoin continues to dominate the market as it struggles to find a continued surge in price. In its latest weekly report, crypto exchange Bitfinex highlighted a key part of Ark Invest’s report to show growing support from strong holders and improved institutional sentiment toward Bitcoin. As of early July, 70% of the existing Bitcoin supply of 19.4 million BTC has remained unmoved for at least 12 months. This means that Bitcoin’s unmoved supply, that is, the amount of BTC that hasn’t been transferred in over a year, just reached an all-time high. Bitcoin Sees Growing Institutional Interest Institutional investors are taking interest in Bitcoin as a hedge against inflation. When major players put serious money into an asset, it signals they believe in its future value. According to the report, several factors have contributed to the increase in long-term confidence of Bitcoin investors. One major influence is the news of major investment companies filing for Bitcoin spot ETFs which seemed to have fueled more interest. Over-the-counter (OTC) trading reached a one-year high in June, surging by 60% in the past quarter alone. These OTC trading deals are now more popular with institutional investors, indicating BTC is becoming a preferred investment option. This surge in Bitcoin’s unmoved supply definitely means positive things for the price of Bitcoin. As more of the supply becomes locked up by long-term holders, the available supply in circulation decreases. According to the law of supply and demand, when supply goes down but demand remains the same or increases, the price goes up. It’s not all bullish for the asset though because, according to Bitfinex’s report, news of the spot ETF filing by BlackRock and other investment companies led to a surge of more than 38% in Bitcoin Open Interest. This suggests that derivatives traders may be dominating the current market momentum, which might negatively affect the price of BTC in the short term. Percent of Supply Last Active 5+ Years Ago Reaches All-Time High Following in the same vein as the Bitfinex report, on-chain data from Glassnode alerts also show that Bitcoin’s supply which has remained unmoved for more than 5 years recently reached an all-time high of 29.070%. Clearly, this shows that more people are holding Bitcoin as a long-term investment rather than trading or spending it. With Bitcoin having a fixed supply, the unmoved supply of the cryptocurrency is expected to continue to rise as long as investment institutions such as MicroStrategy continue to accumulate more of the cryptocurrency.

Bitcoin price is moving higher above the $30,500 level. BTC is showing signs of a fresh move toward the $31,000 resistance zone. Bitcoin is slowly moving higher above the $30,500 support zone. The price is trading above $30,400 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $30,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise further toward the $31,000 resistance and then $31,400. Bitcoin Price Holds Ground Bitcoin price remained stable above the $30,000 support zone. A base was formed and BTC started a decent increase above the $30,200 level. The price was able to spike a couple of times above the 50% Fib retracement level of the downward move from the $31,020 high to the $30,215 low. However, the bears seem to be active near the $30,700 resistance zone. There is also a key bullish trend line forming with support near $30,500 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $30,400 and the 100 hourly Simple moving average. Immediate resistance on the upside is seen near the $30,720 level. It is close to the 61.8% Fib retracement level of the downward move from the $31,020 high to the $30,215 low. Source: BTCUSD on TradingView.com The next resistance is near the $31,000 zone, above which the price could gain bullish momentum. In the stated case, BTC might rise toward the $31,400 resistance. The next major resistance is near the $32,000 level. Any more gains could open the doors for a move toward the $32,500 resistance zone. Another Decline in BTC? If Bitcoin’s price fails to clear the $30,700 resistance, it could start another decline. Immediate support on the downside is near the $30,500 level and the trend line. The next major support is near the $30,300 level and the 100 hourly Simple moving average, below which there could be a drop toward the $30,000 support zone. Any more losses might send the price toward the $29,850 level in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $30,500, followed by $30,300. Major Resistance Levels – $30,700, $31,000, and $31,400.