The global crypto market cap is $2.01T 2.51%▲ with a 24-hour market volume of $116.79B 11.08%▲. Bitcoin's dominance is currently 43.49% 0.56%▼. CURRENT PRICES BY MARKET CAP # | Name | Price | 24h % | 1 | Bitcoin BTC | $46,598.78 | 1.36% ▲ | 2 | Ethereum ETH | $3,231.30 | 2.06% ▲ | 3 | Binance Coin BNB | $427.17 | 5.73% ▲ | 4 | Cardano ADA | $2.14 | 1.41%▲ | 5 | XRP XRP | $1.24 | 2.79% ▼ | *Prices as of 2:30 p.m. ET. | |
Crypto exchange Gemini reported that investor support for ETH in Singapore surpassed BTC. Nearly 80% of the surveyed crypto holders held ETH, while only around 69% held BTC. More: - Cardano (ADA) ranked third in the survey, with 40% of Singapore-based investors holding it.
- The report further found that 80% of all participants were males under the age of 34.
- 58% of the participants said they trade crypto for profit, while 43% use crypto deposits for staking interests.
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Solana (SOL) reached an ATH of $68 and gained 80% over the last seven days. The massive jump came as NFT sales within the Solana ecosystem exploded. More: - SOL is the first of the top 10 cryptocurrencies to reach an ATH after the crash in May.
- Degenerate Ape Academy NFTs played a large role in the SOL spike, with all 10,000 NFTs selling out in under 10 minutes.
- The cheapest Ape on NFT marketplace Solanart is currency 13 SOL (~$1,000).
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▲ TOP GAINERS # | Name | Price | 24h % | 1 | Terra LUNA | $23.49 | 28.43% ▲ | 2 | Solana SOL | $66.20 | 28.49% ▲ | 3 | Fantom FTM | $0.4169 | 22.22% ▲ | 4 | Avalanche AVAX | $20.71 | 17.10% ▲ | 5 | Kusama KSM | $307.95 | 16.34% ▲ | ▼ TOP LOSERS # | Name | Price | 24h % | 1 | XRP XRP | $1.24 | 2.79%▼ | 2 | Ethereum Classic ETC | $72.26 | 2.38%▼ | 3 | Waves WAVES | $24.17 | 2.24%▼ | 4 | Voyager Token VGX | $4.06 | 1.65%▼ | 5 | Bitcoin Gold BTG | $68.97 | 1.09%▼ | *Limited to cryptocurrencies in the Top 100. Prices as of 2:30 p.m. ET. | |
🍋Fresh Funding🍋 Figment, Staking Services: $50M ⮕ The Series B funding round was led by Senator Investment Group and Liberty City Ventures, with participation from Galaxy Digital, Anchorage, Bonfire Ventures, and others. More: - Figment offers support for PoS blockchains, including Solana (SOL), Polkadot (DOT), Avalanche (AVA), and others.
- The startup will use the fresh funding to increase its team and support more PoS tokens.
- Figment has received a total of $55M to date and has reached a post-round valuation of around $500M.
Parami Protocol, Web3/Advertising: $3M ⮕ The funding round was participated in by NGC Ventures, CMS Holdings, Genesis Block Ventures, Digital Finance Group, Spark Digital Capital, and others. More: - Parami is a Web3 advertising protocol aimed at providing increased privacy on blockchains and Web3 applications.
- The fresh funding will be used to enhance data and identity controls for users and increase user acquisition.
- The Parami network is partly built on a Substrate parachain, offering the same democratized privacy features to the Polkadot (DOT) and Kusama (KSM) parachains.
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Robo-advisor Wealthfort announced that it will offer BTC exposure through Grayscale’s GBTC. Wealthfront is the first automated investment firm to provide clients with BTC exposure. More: - Wealthfront investors will be able to allocate up to 10% of their portfolio to GBTC.
- Units of Gracsale’s GBTC will be equally accessible to clients as any other ETF offered by Wealthfront.
- Grayscale’s offering has become an increasingly popular method for digital-asset exposure. Ark Invest recently purchased $10M in GBTC shares.
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- Poly Network announced a $500,000 bug-bounty program following its $600M hack last week.
- XRP reached a $60B market cap for the first time since June, hitting a local high of $1.34.
- Walmart is looking to hire a senior director role for a “Digital Currency and Cryptocurrency Product Lead.”
- hi, a digital asset wallet with social messaging app connectivity, reached 1 million members after only 100 days.
- HBO’s “Last Week Tonight” took aim at Monero (XMR) and its potential for ransomware attack payments.
- New tech on the block: Bestow uses AI, ML, and data to make term life insurance easier and more accessible.*
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Upcoming Events - August 17 to 19 – Ai4 2021: Explore the top use cases of artificial intelligence for enterprise (Register Here)*
- August 18 – AMA with Lolita Taub, GP at The Community Fund (Register Here)
- August 18 – Twitter Spaces conversation with Jess Sloss of SeedClub (Set A Reminder)
- August 24 – Growth Marketing Jam Session with Jenny Bryan and Craig Zingerline (Register Here)
- August 26 – DAOs: Disrupting with Code (Register Here)
- September 15 – Psychedelic Medicine: Fad or Phenom? (Register Here)
- October 26-27 – Meet our Fund Fall ’21 Cohort (Register Here)
Want to see all of our upcoming events? Visit us at https://events.inside.com DID YOU KNOW WE'RE HIRING? *This is a sponsored post | |
| | Griffin McShane is a J.D. candidate currently living in Portland, Maine. He is a graduate of Providence College, where he studied both computer science and business. Griffin aspires one day to go to the moon and bring some of his altcoins along for the ride. | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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