Kovman

MicroStrategy CEO Michael Saylor thinks that fair regulations, transparent accounting practices, and allowing big banks to store Bitcoin could increase the price of Bitcoin by 100x.

According to Arkham data, the US Government owns approximately 55 billion Shiba Inu (SHIB) tokens. This equates to a value of approximately $740,000 at current prices. However, the government did not purchase these tokens. They were seized in various operations.

According to Arkham’s investigation, a large amount of cryptocurrency was detected at an address linked to the US government. The address contained 203,200 Bitcoins (BTC) worth approximately $12 billion, 50,200 Ethereum (ETH) worth $130 million, and various other tokens. In total, the value of crypto assets at the address exceeds $12.4 billion.

🇩🇪 According to CryptoSlate, the German Federal Office for Information Security (BSI) recommends cryptocurrency users to use hardware wallets to protect their digital assets. The BSI states that hardware wallets are the most secure way to store digital assets.

According to Wu Blockchain:

* On August 16, there was a total net outflow of $15,005 million from Ethereum spot ETFs.

* Grayscale ETF (ETHE) experienced an outflow of $27,743 million.

* BlackRock ETF (ETHA) received an inflow of $10.3302 million.

* Fidelity ETF (FETH) received an inflow of $7.2122 million.

* The current total net asset value of Ethereum spot ETFs is $7.352 billion.

In summary: On August 16, there was an outflow of money from Ethereum spot ETFs in general. While there was a significant outflow from Grayscale ETF, inflows to BlackRock and Fidelity ETFs are notable. Despite this, the total asset value of Ethereum spot ETFs is still at $7.352 billion.

According to Wu Blockchain:

* On August 16, there was a total net inflow of $36,015 million into Bitcoin spot ETFs.

* Grayscale ETF (GBTC) experienced an outflow of $72.9033 million.

* Fidelity ETF (FBTC) received an inflow of $61.3469 million.

* BlackRock ETF (IBIT) received an inflow of $20.3854 million.

In summary: Although there was a general inflow into Bitcoin spot ETFs on August 16, a large outflow from Grayscale ETF stands out. There were significant inflows into Fidelity and BlackRock ETFs.

🇺🇸 Texas US Senator Ted Cruz announced that he purchased $100,000 worth of Bitcoin through financial services firm River Financial.

The effort of all ecosystems to come together with the $TON ecosystem indicates that Toncoin may be in an uptrend in the bull market.

"Bitcoin is the check and balance of hyperinflation. Buying it is a vote against inflation," Coinbase CEO Brian Armstrong said in response to Elon Musk on the X platform.

🇲🇾 The Worldcoin Foundation has partnered with Malaysia’s technology development arm, MIMOS Berhad, to integrate Worldcoin’s technology into the country’s digital system. With this new agreement, Malaysian citizens will be able to verify their identities using the iris recognition system developed by Worldcoin. This system will be used to verify that individuals are human.

A Bitcoin wallet that had not been used for 10 years and 6 months was unexpectedly activated. The 174 Bitcoins in the wallet were worth approximately $142,600 in 2014. With the rapid rise in the cryptocurrency market, the current value of these Bitcoins has reached approximately $10,162,306.

Gold prices reached a record level today. Rising to $2488 per ounce, gold gained significant value during the day. This shows that investors' interest in gold has increased.

🇺🇲 Elon Musk argued in his post on X that the main reason for high inflation in the US is excessive money printing. Stating that spending that exceeds the country's income deepens the inflation problem, Musk suggested that the government should fight inflation by reducing unnecessary spending.

Facebook’s parent company Meta has denied claims that more than half of cryptocurrency ads on its platform are scams. These claims were made by the Australian Competition and Consumer Commission (ACCC) as part of its 2022 case. The ACCC recently filed documents with the Federal Court alleging that 58% of cryptocurrency ads reviewed on Facebook were scams.

The NASDAQ exchange has reversed its decision to offer options contracts on Bitcoin ETFs.

Uniswap Labs, Uniswap Foundation, and Cantina have launched a security challenge with a prize pool of $2.35 million. The goal of this challenge is to maximize the security of Uniswap V4.

Tron has launched a $10 million meme coin ecosystem incentive program. This program is collaborating with platforms such as SUN.io and SunPump. Aiming to ensure a fair launch of meme coins in the Tron ecosystem, SunPump launched its beta version on August 13. SunPump achieved great success on its first day and took its place among the most popular applications in the Dapp section of the world-famous Web3 wallet TokenPocket.

Vitalik Buterin announced that he donated all the meme coins he received last year (worth around $530,000) to charity. Buterin, who stated that he prefers to send these coins directly to charities, thinks that a more complex public funding system should be created in 2024.

🇬🇧 FLOKI has signed an official sponsorship agreement with English football club Nottingham Forest.