Global

Recently, Turkey’s regulatory authorities updated the list of firms applying for crypto business licenses, increasing the count from 47 to 76. This expansion sees heavyweight additions such as Coinbase, KuCoin, and Gate.io joining already approved major exchanges like Binance, Bitfinex, and OKX.

The Pepe (PEPE) meme coin has been struggling to break past the $0.0000085 resistance zone, a level that previously acted as support in July. Recent whale activity has failed to ignite a bullish trend, and PEPE is now approaching its nearest support zone with significant downward pressure.

In a groundbreaking decision, the Dubai Court of First Instance has validated the use of cryptocurrency for salary payments under employment contracts. This ruling marks a significant departure from previous judicial attitudes, signaling a growing acceptance of digital currencies within the UAE’s legal and economic landscape.

Hong Kong is making significant strides in the regulation of stablecoins, with the Hong Kong Monetary Authority (HKMA) recently announcing the first participants in its stablecoin issuer sandbox.

The DOGS meme coin, inspired by Spotty—the beloved mascot of VK, the Russian social media giant created by Pavel Durov—has generated significant buzz in the cryptocurrency community.

Chainlink (LINK) has been trading around the $10 mark for several days, reflecting a notable 25.91% drop over the past month. This persistent decline has left investors and traders alike watching closely for signs of recovery or further decline.

U.S. Senator Ted Cruz has notably increased his investment in Bitcoin, as revealed in his recent official financial disclosure dated August 13, 2024. Cruz's Bitcoin holdings have surged to as much as $100,000, demonstrating a significant escalation from his initial investment made on January 25, 2022.

Poodlana, the rapidly growing meme coin on Solana, is set for an exciting debut on Raydium this Friday. Following a highly successful token sale that has raised over $7.9 million, Poodlana is poised to make a significant impact in the cryptocurrency space.

​Ethereum (ETH) has recently been trading 25% above its eight-month low of $2,112, which was reached on August 5, 2024. Despite this rebound, notable analysts are suggesting that the altcoin may face significant downward risks in the near future.

On August 16, 2024, the Bank of Ghana (BoG) unveiled a set of draft guidelines aimed at regulating digital assets, including prominent cryptocurrencies like Bitcoin (BTC) and Tether (USDT). This move follows a comprehensive internal review and reflects the central bank's response to the growing interest and risks associated with the crypto market in Ghana.

On August 15, 2024, the term "Web3 Integration" ignited widespread interest among cryptocurrency enthusiasts and casual internet users, largely due to its appearance in the Hamster Kombat Daily Combo code.

Cryptocurrency exchange Bybit has recently achieved a significant milestone by registering as a Virtual Asset Service Provider (VASP) and card operator with Argentina’s Financial Information Unit (FIU).