🐻📊 A positive sign that the crypto market is recovering is the fact that traders are increasingly referring to the current market conditions as "bearmarket". Historically, when traders show FUD, the likelihood of prices going up increases significantly.

🐳 4 whales have accumulated 56.1K #ETH ($94M) in the last 7 days:

- 0x3CEE accumulated 18K ETH($30M);
- 0x3478 accumulated 2K ETH($3.4M);
- 0x5bA3 accumulated 17.9K ETH($30M);
- smartestmoney.eth accumulated 18.2K ETH ($30.6M). the same

💰 SBI-owned B2C2 plans European expansion through the acquisition of rival trading firm Woorton.
coindesk.com

⚡️ #FTT FTX hires Galaxy Digital Capital Management to sell cryptocurrencies and stake some tokens.

📊 #MKR #DAIMakerDAO added RWA assets of $50M and RWA's current total assets is $2.537B #RWA

💸 Address dropped all $APEs with a loss of ~$1.5 million
Bought 93,700 APE for 749 ETH ($2 million at the time) for $21 on May 1, 2022.

Then dropped all APEs at $1.51

🖼👀 The second NFT series from EigenLayer, EigenWorlds, is open for minting until August 30th. #NFT twitter

👀 #PENDLE DeFi Pendle yield protocol will use sDAI and fUSDC stablecoins to develop #RWA products. coindesk

📊 After 14 days, Social-Fi friend .tech exceeded 2 million total transactions from 157.9K unique sellers and buyers (45.6K sellers and 112.3K buyers).

🐳 Whale spent ~5 million USDT to buy:

- Bought 557 #ETH ($933k) for $1676;
- Bought 593,139 #LDOs ($1 million) for $1.69;
- Bought 413,727 #UNI ($2 million) for $4.83;
- Bought 17,203 #AAVE ($1 million) for $58.

🥳💳 #BNB Binance will suspend debit card services in Latin America and the Middle East from August 25th.

🔁 4.0k #BTC translated from the Bitfinex exchange to an unknown wallet. Total cost: $106.03 million.

🐶🥳 #SHIB Shibarium is in private mode, functioning smoothly during two days of testing, and is on the verge of becoming available to the public.
#BONE giveaway in progress

🇺🇸 USA
-Initial Jobless Claims-  230 thousand (prog 240k / pre 240k)
- Chicago Fed National Activity Index (July) = +0.12  (prev: -0.33)
- Durable Goods Orders (July) = -5.2% m/m (previously +4.4%)

📊 Top 15 dApps by total fees generated in the last 30 days

#LDO #UNI #AAVE #CVX #GMX #COMP #DYDX #SNX #XVS #CAKE #ENS #CRV

🙋‍♂#CAKE PancakeSwap has launched on the main Linea network. theblock.com

🤝 #API3 integrated managed dAPIs in Polygon ZkEVM

💰 #AI A16z-powered AI generator - Ireverent Labs completes new funding round led by Samsung Next techcrunch.com

💰 Web3 Raleon Marketing Company Completes $3.8M Seed Funding Round

🙋‍♂📊 Glassnode launches Cointime Economics, a #BTC economic analysis framework. twitter.com

🙋‍♂️ #1INCH 1inch Network deployed protocol on Base