TL;DR

• Tangem unveils a crypto wallet that comes with Visa integration.

• The Wintermute founder predicts market recovery in August and September.

• ZkSync refutes claims of "internal casting" of NFTs, noting some minters participated in related activities.

• German lawmakers are calling on the government to halt Bitcoin sales.

• Biden’s chances of being re-elected have fallen to an all-time low of 9%.

• Web3 user numbers reached a new peak of 10 million in Q2.

• South Korea’s FSS has introduced a new exchange monitoring system to enhance market stability.

• CryptoQuant reports that the primary selling pressure during the recent decline came from early-year buyers.

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

Tangem's New Crypto Wallet: Swipe Right for Visa Integration

Tangem has just dropped a game-changer: a crypto wallet that’s best buds with Visa. That’s right, you can now flex your digital assets while swiping that sleek Visa card at your favorite coffee shop. Forget fumbling through multiple apps; Tangem’s wallet brings the convenience of a credit card to your crypto stash. It’s like having a Swiss Army knife in your pocket, but for your finances. Ready to spend your Bitcoin on avocado toast? Tangem’s got you covered.

Wintermute's Crystal Ball: Market Recovery in August and September

Wintermute founder is channeling their inner Nostradamus, predicting a market recovery this August and September. It’s like they’re saying, "Hold onto your hats, folks, the crypto roller coaster is about to get smoother!" With the market behaving like a moody teenager lately, this forecast is a beacon of hope. So, grab your popcorn and hodl tight—this summer might just be the blockbuster comeback we’ve all been waiting for.

ZkSync Says "Nope" to NFT Internal Casting Claims

ZkSync is shutting down rumors faster than you can say "blockchain." They’re denying any “internal casting” of NFTs, although they admit some minters were involved in related activities. It’s like the drama of a high school prom: rumors fly, but the truth is always somewhere in between. ZkSync’s transparency is refreshing, though, and they’re determined to keep their reputation as squeaky clean as a freshly minted token.

Newsletter Bitcoin

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

German Lawmakers to Bitcoin: "Nein!"

In a twist that’s more dramatic than a telenovela, German lawmakers are telling the government to stop selling Bitcoin. It’s like they’ve collectively shouted, “Hands off our digital gold!” This move could signal a shift in how governments perceive and handle crypto assets. Whether this will trigger a domino effect across Europe remains to be seen, but it’s clear that Bitcoin’s political dance is far from over.

Short-Term Bitcoin Holders: HODLing for Stability

The transfer volume among short-term Bitcoin holders has plummeted, hinting at a newfound sense of market stability. It’s like everyone collectively decided to take a chill pill and hodl. This decrease in movement suggests that the panic sellers have exited stage left, leaving behind the cool cucumbers. With fewer coins changing hands, the market might just be catching its breath, preparing for the next big move.

Biden’s Re-election Odds: Dropping Like It's Hot

Biden’s re-election chances have dipped to a record low of 9%, and it’s making headlines faster than a meme stock surge. It’s as if the political stock market just issued a “sell” order on the current administration. Whether this dip will rally back or sink further is anyone’s guess, but one thing’s for sure: the political arena is just as unpredictable as the crypto market. Buckle up, 2024 is going to be a wild ride.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

Web3 Users: 10 Million and Counting

Web3 users have hit a record high of 10 million in Q2, proving that the decentralized web is the new black. It’s like everyone suddenly realized that owning their data and participating in a fairer internet is actually pretty cool. The Web3 revolution is gathering steam, and with this milestone, it’s clear that decentralized applications are more than just a fad—they’re here to stay.

South Korea’s FSS: The New Sheriff in Crypto Town

South Korea’s FSS has rolled out a new exchange monitoring system, aiming to bring some much-needed stability to the wild west of crypto. It’s like they’ve just installed surveillance cameras in a bank that’s been robbed one too many times. By keeping a closer eye on exchanges, the FSS hopes to curb market shenanigans and make the crypto space safer for everyone. Yeehaw, law and order in the crypto frontier!

CryptoQuant: Early-Year Buyers Causing Market Dips

CryptoQuant has pinpointed the primary culprits behind the recent market decline: those early-year buyers. It’s like finding out the party crashers were the ones who showed up first. These early adopters, now taking profits, have been putting downward pressure on prices. But fear not, market stability might be on the horizon as these sellers taper off. It’s all part of the crypto ecosystem’s natural ebb and flow.

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform