**Current Rates:

BTC: $26,041
?**-$363.30 (1.37%) today

Market cap: $1.05T
?-1.61% decrease over the last day

Dominance: BTC: 48.3% ETH: 18.9%

Fear & Greed index: 35 (Fear) ?

Bitcoin made an attempt yesterday for another upward spurt. The bulls started showing activity last night. After a long consolidation below the $26,280 level, the price of the first cryptocurrency has finally broken through it. But today we see a rollback below this level. To continue rising, Bitcoin needs a strong upward momentum. The end of the week is filled with uncertainty in the market.
At the American session, the US statistics came out, which changed the appetite for risk. Business activity indicators, indicating negative trends, raised concerns about the policy of the Federal Reserve System and put pressure on the US currency.
In August, the index of business activity in the US manufacturing sector fell to 47.0, which is below the forecast of 49.3, while the indicator in the services sector also fell to 51.0 against the forecast of 52.2.
Also, the Bitstamp crypto exchange will suspend staking in the US due to regulation. It will close trading in cryptocurrencies, designated securities by the SEC, from August 29.
Positive points?:
✅ Pantera Capital predicted the growth of bitcoin to $148 thousand after the halving. XRP Court Decision and BlackRock's Approval of Bitcoin Spot ETF Application, In Addition to Halving, Provides Strong Basis for Bitcoin Market Growth, Analysts Say
✅ AI crypto project tokens rose in price after NVIDIA reports. SingularityNET service token (AGIX), Fetch.ai coin (FET), OCEAN token simultaneously reacted with growth to the publication of record financial results of the company
✅ Nodal Power has raised $13 million for landfill mining. By burning methane in a generator, the company reduces carbon emissions, ensuring efficient use of resources
✅ Donald Trump's NFTs went up sharply after his interview with Tucker Carlson. During the day, the trading volume his NFT collection increased by almost 1000%

**Current Rates:

BTC: $26,505
?**+$505.90 (1.94%) today

Market cap: $1.07T
?+2.49% increase over the last day

Dominance: BTC: 48.3% ETH: 18.9%

Fear & Greed index: 34 (Fear) ?

Gradually, the volatility of Bitcoin is growing. There are important movements on the 4 hour timeframe. The price still continued to stand sideways under the key mirror level of $26,280. However, yesterday there was an important indicator of growth. It is a bullish pin bar candlestick pattern. It was formed tonight on high volume. Gradually, the chances of an upward movement begin to grow, because the price of Bitcoin has already crossed the mirror level. We continue to monitor whether the bulls will be able to go into a new fight or not.
Positive points?:
✅ The complexity of bitcoin mining has again updated its historical maximum. The average hashrate in the network of the first cryptocurrency was 397.74 EH/s
✅ €150 million poured into European crypto funds after BlackRock's Bitcoin ETF bid. In June 2023, these companies received a net inflow compared to a May outflow of €100m
✅ UK Quantum Blockchain Technologies has filed por a patent on AI algorithms to supercharge efficiency and profitability in Bitcoin mining

Top Crypto gainers in last 24 hrs?

1. THORChain (ERC20)
   RUNE $1.619

? +187.01%

What Is THORChain (RUNE)?

THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.
With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker).
The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million 300k RUNE to participate in its rotating consensus process.

?Secure Web3.0 Crypto Exchange:
https://mysecure.world/exchange

P.S. Not financial advice

**Current Rates:

BTC: $25,835
?**-$287.10 (1.14%) today

Market cap: $1.04T
?-1.32% decrease over the last day

Dominance: BTC: 48.6% ETH: 18.9%

Fear & Greed index: 34 (Fear) ?

On the Bitcoin chart, the price still continues to consolidate under the important mirror level of $26,280. At the same time, the trend line acts as support at the moment. It is possible that the trend line is being squeezed to the specified key level. In this case, there are good chances to see growth. Bulls can take the initiative in their own hands.
From Thursday to Saturday, the annual symposium will be held in Jackson Hole with the participation of the leaders of the world's central banks. At these meetings, important decisions that affect the financial markets are often voiced. Most attention will be attracted by the speech of the head of the Fed, Jerome Powell, scheduled for Friday. Many Fed members see the risks of accelerating inflation, which may require a rate hike. Also on Friday, the head of the ECB Christine Lagarde will speak, which is worth paying attention to. Markets estimate the probability of a rate hike in September at 15.5%, in November - at 43%.
Positive points?:
✅ Coinbase will buy a stake in Circle and launch USDC on six new blockchains. Circle will have full control over the issuance and management of the USDC stablecoin, which will be launched on six new blockchains
✅ Unchained Sees 170% Rise in Bitcoin Loan Activity. The company also experienced an 88% increase in institutional and corporate accounts, along with a 260% rise in customers for inheritance services.
✅ A mysterious wallet has been buying Bitcoin for over 3 Billion USD
✅ Genesis Digital Assets unveils its new Bitcoin mining center in northern Sweden, tapping into green energy from the Porjus Hydroelectric Station
✅ Nodal Power raises $13M to harness the power of landfill methane for Bitcoin mining & renewable energy

**Current Rates:

BTC: $26,019
?**-$170.10 (0.65%) today

Market cap: $1.05T
?-1.05% decrease over the last day

Dominance: BTC: 48.3% ETH: 19.0%

Fear & Greed index: 38 (Fear) ?

The price of Bitcoin has been consolidating all weekend. Now the BTC price consolidation continues under the mirror level of $26,280. Over the weekend, the price has repeatedly tried to overcome this resistance, but no success has been achieved. The nearest local support levels may be $25,900 and $25,840. The market has slowed down. Bitcoin has gone sideways again, now at $26,000. The market was negatively impacted by the news that GSR, which is a market maker, has left several executives, including the CFO. The fall then reinforced the SEC v. Ripple court ruling, risk aversion in other markets, and the ongoing bearish phase of the cyclical analysis due to end in early September. Historically, the upcoming September was not the most active month for bitcoin, let's see what happens this time.
Centralized exchanges continue to tighten KYC control. Now the Bitget exchange, following OKX and Kucoin, is also tightening user verification requirements. For KYC-free trading, you can use our decentralized P2P platform MySecure:

https://mysecure.world

or our built-in Web3.0 decentralized exchange:

https://mysecure.world/exchange

Positive points?:
✅ Three bitcoin futures ETFs branded Ark and 21Shares will be launched in the US. Ark 21Shares Active Bitcoin Futures Fund will invest in bitcoin futures, it will be the underlying to two other bitcoin ETFs
✅ A solo miner has mined a Bitcoin block and earned $160K. The chance of a single miner with a power of 1 PH/s to mine a block is approximately 1 time in eight years
✅ Bitmain launched a mechanism for its customers against market volatility. Within 3 months after the purchase of the S19j XP installation, the company undertakes to pay compensation $1.89 for each Th of capacity if BTC quotes fall by more than 20%. The program also applies to previously purchased units of the same model.

Top Crypto gainers in last 24 hrs?

1. Machine Xchange Coin MXC $0.008671

? +25.62%

What is Machine Xchange Coin?

MXC is a utility token used for device transactions conducted through the MXC Supernode network. MXC adds value by giving the MXC community a chance to share in Supernode profits through staking. The project is building a global data network that allows the devices of tomorrow to connect, commit and communicate more efficiently than ever before. Cities, companies, and individuals benefit by building the network or using it to transmit and manage their data.

?Secure Web3.0 Crypto Exchange:
https://mysecure.world/exchange

P.S. Not financial advice