8.19 All In Morning Report:
The entire @virtuals_io ecosystem focuses on small pools, with numerous funds churning inside, and projects with 10000% gains in a few days are starting to appear in large numbers, so identify them yourself; yesterday, the new Genesis Launch rules were also modified;
1. $BTC went round and round, ultimately being pulled down by ETH in the morning, with rebounds also following ETH;
2. $ETH is truly the leader of this wave, driving the entire market, even BTC couldn't stay out of it;
3. $SOL's on-chain activity has become bland, with the platform war reaching this stage, directly pausing the wealth effect;
4. Solana meme coin platform war reversed again, with Pump taking the first place as LetsBonk collapsed;
@pumpdotfun market share once again exceeded 90%;
5. After Trump signed the GENIUS stablecoin bill into law, the US Treasury issued a public consultation on illegal activities;
6. Hackers used fake CAPTCHA to spread Lumma Stealer to steal crypto wallets;
7. CICC: The Federal Reserve will remain cautious on interest rate cuts and will not make significant reductions;
8. Bitdeer's second-quarter mining revenue grew 43%, with Bitcoin holdings increasing to $175 million;
9. Saylor relaxed financing restrictions, with Strategy Inc. allowed to issue common stocks below the premium threshold;
Is ATM also starting?
10. ZachXBT: BlockDAG Network is a scam project;
11. BONK .fun platform added "Points" tag, seemingly about to launch a points system;
Hope the big shots know that wealth effect is the key, not some points system;
12. The US Securities and Exchange Commission (SEC) postponed decisions on Bitcoin and Ethereum ETFs for Truth Social, as well as XRP and Litecoin funds;
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Exchanges' tactics, especially for altcoins, can only chase highs; your buy the dips strategy isn't great, especially for making up for rises, a lifetime of making up for rises.
#Bitcoin #Ethereum #Solana #Crypto
