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2022-08-02 08:48:34 BTC UPDATE:- After rejecting from the resistance of $24.5k level it is continuously dropping. Now reaching at the strong support of $23k level. BTC must hold and bounce from this $22.5k-$23k level else we see more drop in the market.

Next important supports are for BTC is $21.5k and $20k levels.

Let's see how the price will react in next few hours and hold this support or not.

Stay tuned and pin our channel at the top.

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2022-08-01 22:41:42 CryptoPunk daily trade volume is up 2,200% since yesterday’s news of a token-gated Tiffany and Co. diamond necklace release.

The floor price for the popular non-fungible token (NFT) collection CryptoPunks is up 10% in the last 24 hours, according to data from CoinGecko.

The spike in interest is likely due to the recent partnership between high-end jewelry brand Tiffany and Co. and blockchain startup Chain, which will give Punk owners a chance to purchase up to three diamond-encrusted necklaces for 30 ETH (around $50,000) each on Aug. 5.

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2022-08-01 22:40:16 Gas prices for Ethereum are at multi year lows, now back to May 2020 levels.

As a result, ETH burned by EIP1559 is at an all time low, with just 11% of minted issuance being burned.

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2022-08-01 16:32:27 Crypto.com and FTX Bet Big on Stadium Naming Rights Before the Crypto Crash.

As the latest cryptocurrency hype-cycle peaked in 2021, two exchanges that had grown rapidly in just a few years decided to put their names on pro sports stadiums. FTX secured naming rights to the Miami Heat basketball team’s stadium in March 2021 in a reported $135 million, 19-year deal. Crypto.com took an even bigger swing. Naming deals are “really not that much different than any sponsorship deal, which is really just an amalgamation of contracts,” said Feldman, who specializes in endorsement deals.

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2022-08-01 14:35:52 Binance lost 90% of customers after implementing KYC.

Employees said that because of the implementation of the verification procedure, the exchange lost billions of dollars.

However, the data shows that its trading volume is still huge, even more than other cryptocurrency exchanges combined.

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2022-07-31 23:46:11 Tiffany & Co. announces NFT-backed, limited edition CryptoPunk pendants.

Luxury jewellery firm Tiffany & Co. is set to sell non-fungible tokens (NFT), which give CryptoPunk holders the right to turn their NFT into a custom pendant, containing gemstones and diamonds.

The 250 tokens are part of a limited edition campaign, the company announced on Sunday.

Each NFTiff will cost 30 ETH, which includes the cost of the NFT, the custom pendant, the chain and shipping and handling.

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2022-07-31 14:15:12 Ethereum Founder Vitalik Buterin says he does not think current "corporate attempts to intentionally create the metaverse are going anywhere."

He knows crypto, not the metaverse. Stop giving successful people in ONE area supernatural abilities like seeing the future.

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2022-07-31 13:12:50 #BTC is about to close July Bar as a nice green monthly. This result is similar to what happened in previous years.

August is about to open with complicated history to follow. As the observation, if July closed as a green month, August will tend to follow July, exceptionally 2018.

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2022-07-31 12:02:00 Dixon takes over Katie Haun’s board seat at OpenSea.

a16z's Chris Dixon has joined the board of non-fungible token trading platform OpenSea, according to a blog post published Saturday.

"I’m excited to formally welcome Chris Dixon to the OpenSea Board of Directors," co-founder Devin Finzer wrote in a blog. "Chris has been extremely influential in shaping my views on web3."

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2022-07-31 10:47:26 FTX US plans to launch options to complement stock trading offering.

FTX US — the crypto exchange affiliated with Sam Bankman-Fried's FTX — is plotting a move into equity options trading following the rollout of stock trading across all 50 American states.

As per an interview with Bloomberg News, FTX US president Brett Harrison said that the company will add options without providing a specific timeline.

Harrison said that expanding the product during a slowdown in trading across assets could allow the firm during a future bull cycle to "capitalize that opportunity."

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