NammaCrypto ₿ நம்மகிரிப்டோ
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Tamilnadu Crypto News
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By @tamil_btc
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​​DAILY CRYPTOMARKET REVIEW

Total Market Capitalization: $1.23T (+2.04%)
BTC Price: $29,789 (+2.18%)
BTC Dominance: 47.1% (+0.10%)
Fear & Greed Index: 50 (Neutral)
Total Value Locked: $68.9B (+1.47%)
📣Bitstamp is set to suspend trading for several tokens, including SOL, MATIC, and SAND, impacting US users.
Token supply analysis of the PJTs with Market Cap from $50M to $60M and finite Max Supply

The infographic provides information about the distribution of tokens out of the maximum token supply of the selected PJTs.
Top-11 PJTs with Market Cap from $150M to $200M by Undervaluation Index (UI*)

*UI is a Market Cap to 24H Trading Volume ratio applied to PJTs with a similar Market Cap. The lower the UI, the more the PJT is undervalued.
Top 5 Optimism Ecosystems Coins by Alt Rank: August 9th
Alt Rank is a unique measurement by LunarCRUSH.com, that combines actual altcoin price performance relative to Bitcoin and social activity indicators.
BTC Analysis by Marco Polo 👑

As mentioned yesterday, a potential scenario before a significant downward movement could involve revisiting the highs🔼🔼🔼

📌However, it's still premature to conclude. Yesterday's minor upward shift appears to be a rebound from the resistance zone. Despite indications pointing towards a $31,800 price update📈
API3 analysis:

Price is trading in a long falling wedge pattern. API3 was rejected from the resistance trendline and the price is now moving toward the support of the $0.85-$0.87 area. This is the zone for new entries. A break and daily candle close above the $1.45-$1.50 resistance area is bullish and break the falling wedge pattern.
📊 According to the REKT Database, in July, 47 exploits resulted in the loss of a total of $363 million, marking the highest loss due to such incidents this year.
Are you interested in new tokens? By holding MX, you can participate in our Kickstarter and Launchpad events immediately. Let's explore a diverse range of options together!

Not only can MEXCers engage in spot and futures maker trading with zero trading fees, but they can also enjoy futures taker fee rates as low as 0.01% and apply leverages up to 200x to pursue higher returns.

Additionally, you can upgrade your rebate ratio by holding MX and inviting new users!

tamilbtc.com/mexc
𝐂𝐫𝐲𝐩𝐭𝐨 𝐓𝐫𝐚𝐝𝐞𝐫𝐬 "𝐁𝐞 𝐂𝐚𝐫𝐞𝐟𝐮𝐥" 🚨🚨

The #Crypto market will be volatile today as US CPI data is coming at 8:30 am ET.

#CPI Expectations - 3.3%

If CPI < 3.3% - Bullish 📈
If CPI > 3.3% - Bearish 📉
RBI POLICY UPDATE

Key Highlights :

RBI kept repo rate unchanged at 6.50%.

5 out of 6 members voted in favour of policy stance.

MPC to remain focused on withdrawal of accommodation.

Marginal Standing Facility stands at 6.75%.

Vegetable price shock may reverse quickly.

Committed to align inflation to 4.00% target.
​​The Base network, backed by Coinbase, is now live for public

To mark the launch, an event named “Onchain Summer” has been initiated. Users have the option to mint a unique “Base, Day One” NFT in celebration of the launch.

👉 twitter.com/BuildOnBase/status/1689321221715017728
Breaking news:

#Binance didn't provide the required financial documents to the SEC on time for the ongoing lawsuit.

They've asked for more time to meet the deadline.
X/Twitter faces a $350,000 fine for denying the United States Department of Justice access to the account data of former President Trump. The case highlights the legal intricacies surrounding data access and privacy rights.
NEW: San Francisco's SoFi Bank, with 6.2 million customers, revealed
$82mn Bitcoin holdings in Q2 earnings report
📊 According to the REKT Database, in July, 47 exploits resulted in the loss of a total of $363 million, marking the highest loss due to such incidents this year.
[MEXC Kickstarter] Win Free 821,950 ZKID & 20,000 USDT Airdrops by Voting Now!

Dear MEXC Affiliates,

📣[Initial Listing] MEXC Kickstarter - Vote zkSync id (ZKID) to Win 821,950 ZKID & 20,000 USDT Airdrops!

Voting Period: 2023-08-10 12:00 to 2023-08-11 11:50 (UTC)

👇🏻Registration Eligibility:
Hold at least 1,000 MX or more for 15 consecutive days before 2023-08-09 16:00 (UTC)

tamilbtc.com/mexc