Tuesday August 20, 2024

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Your Weekly Update On All Things Crypto

TL;DR

MACRO NEWS

New Cryptocurrency Project Announced By Eric Trump...

The Trump Organization is reportedly launching a new cryptocurrency project. Eric Trump, the executive Vice President of the organization, recently shared details about the initiative, which involves digital real estate and allows users to lend or borrow funds on the platform. 


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BTC Floats Around $60K As Market Sentiment Shows Extreme Fear...



The price of Bitcoin (BTC) recently has been steadily recovering and approaching a key resistance level, despite recent drops. Currently, it is hovering around $59,000 after nearly hitting $60,000 once again.


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Cronos zkEVM Finally Makes Long Awaited Debut On Alpha Mainnet...



Cronos Labs, a leading Web3 accelerator, has announced a collaboration with Matter Labs to launch Cronos zkEVM on the Ethereum mainnet.


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Circle Will Add Tap And Go Payment Functionality For iPhones...



Circle, the firm behind the USDC stablecoin, is set to introduce tap-and-go payments on iPhones now that Apple has opened access to secure payment technologies for third-party developers.


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Sahara AI Receives $43 Million Investment By Binance Labs...



Binance Labs has led a $43 million investment in Sahara AI, a promising decentralized AI startup, showcasing the merging of AI and blockchain technologies.


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Tether Fights Back Against Seemingly Unfair Celsius Lawsuit...


Tether has officially rejected the lawsuit put forth by Celsius Network Limited concerning a $2.4 billion Bitcoin (BTC) liquidation, calling it unfounded and blaming Celsius for poor financial management.


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FUNDRAISING ANNOUNCEMENTS

Crypto Fundraising August 6 - 12...



It has been an incredible week for companies around the globe in terms of securing funding to fuel their growth and innovation. Here are some of the latest investment highlights between August 6 - 12.

  

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CONTENT OF THE WEEK

Crypto News: Bitcoin, ETH FUD, Price Predictions, SUI, HNT & MORE!

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What the Crypto Town Hall Told Us About the Democrat Pivot

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Sen. Chuck Schumer supports passage of crypto rules in pro-Harris town hall: CNBC Crypto World

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We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.