Crypto market today

▪️BTC - 21400 -1.06%

Slight volatility will be present throughout today. The reason is the speech of the head of the US Federal Reserve.

 

▪️Growth leaders among altcoins are LUNC, BIT, DCR.

▪️The leaders of the fall are LDO, AR, HNT.

▪️BTC dominance is 40.58%.

▪️Alt season index 94.

 

Kingship Launches NFT Print Box In Partnership With M&Ms Parent Firm

 

M&M's releases Bored Ape Yacht Club candy.

Mars has released a limited edition of signature M&M's chocolates featuring bored monkeys and Kingship iconography. In total, Mars will sell around 4000 packages of candies in gift boxes and gift tins.

These boxes have the NFT’s of Kingship and includes all 6 colors of M&M’s candies. Out of the released products, the limited edition gift boxes were sold out within 2 hours of launch. 

 

Why Tether Is Not Blacklisting Tornado Cash Accounts Despite U.S. Sanctions?

Tether has published a fresh USDT stablecoin reserve report, according to which all tokens are 100% backed by highly liquid securities or fiat money

 

US Treasury bills in the amount of $28.9 billion are the priority part of the reserves, the share of cash and bank deposits is only $5.4 billion

 

Tether also intends to change the way USDT reserve reports are released and publish them on a monthly rather than quarterly basis.

 

STEPN will release an NFT collection together with the Atlético Madrid team.

 

STEPN fitness app and Spanish La Liga football club Atlético Madrid have announced the launch of a collection of non-fungible tokens (NFTs).

NFT owners will receive signed club jerseys, as well as WhaleFin rewards and a chance to win a trip to an Atlético game.

The release of the NFT collection is scheduled for August 26th. It will include 850 common, 140 uncommon and 11 rare tokens.

 

Tron consumes 99.9% less energy than Bitcoin and Ethereum.

 

▪The low power requirements of the Tron network make it one of the greenest blockchains, the Crypto Carbon Ratings Institute (CCRI) said Wednesday in a report. CCRI is a research group focused on reducing carbon emissions for crypto projects.

 

A previous CCRI report looked at blockchain networks:

▪️Polkadot as having the smallest carbon footprint;

▪️Cardano uses the lowest energy per node per year;

▪️Solana - the lowest electricity per transaction.

 

Eminem and Snoop Dogg to Perform BAYC-Themed Show on MTV

The NFT scene is hitting MTV.

Hip-hop megastars Eminem and Snoop Dogg are slated to perform a live Otherside-themed show this Sunday at MTV’s Video Music Awards. 

The performance, which the press release called “one-of-a-kind,” is being developed in partnership with Yuga Labs. The stage is expected to be transformed to reflect the design studio’s metaverse aesthetic and NFTs. According to the announcement, this will mark the first time an award show hosts a metaverse-inspired performance.

 

StepN's new partnership with Asics.

 

▪️In recent weeks, Asics has released a limited edition NFT running shoes with StepN running app on Binance NFT Marketplace.

 

▪️The new collection turned out to be more successful than expected on the eve of the launch. The StepN x Asics Mystery Box collection has over 195,000 members. The total trading volume exceeded $10 million, while the floor price remained at over $3,000.