The tracking online platform Glassnode Alerts reported that the realized cap for Ethereum (ETH) recently reached an 8-month high of $181,606,579,492.76. Currently, the price of ETH is attempting to close the daily candle above $1850, which would enable further growth to $1980 over the next 2 weeks. Confirmation of this bullish momentum would come with a price breakout and daily candle close above the 20-day EMA line at $1854.62.

However, if ETH loses support at the 9-day EMA at $1848.76 within the next 48 hours, it is likely to retrace and test the positive trend line on the chart between $1829.35 and $1840. A breakthrough below this line could put ETH at risk of dropping to $1690.

The team behind The Sandbox (SAND), a decentralized gaming platform, is planning to unlock a significant amount of tokens – 372 million SAND – on August 14th. This accounts for 18.1% of the total token supply. The SAND price may be influenced by this unlock, although it remained stable over the last 24 hours, experiencing a minor decrease of -0.2%. It is expected that the price will fluctuate between $0.39 and $0.41.

Employees of the research company Bernstein Research forecast a 2140% growth in the market capitalization of stablecoins.

According to analysts, the market capitalization of stable cryptocurrencies will reach $2.8 trillion in five years. The value of coins in circulation will significantly increase due to PayPal’s stablecoin PYUSD recently launched by the firm.

From July 12 to August 6, 2023, the stablecoin market lost $1.53 billion. Hence, it becomes evident that the circulating supply of coins will significantly increase, primarily due to PYUSD. According to Bernstein Research employees, this will primarily occur because PayPal USD will be widely utilized as a means of payment.

From January to July 2023, the number of registrations on World ID has grown from one million to two million. As noted by the project, the recent doubling of weekly World ID registrations reflects a steady global demand for the World App as a standalone product.

Following the project’s launch, the number of weekly World ID verifications worldwide has increased by over 100%, indicating a sharp surge in demand, according to the company.

According to the analysis by cryptocurrency analyst CoinsKid, Bitcoin (BTC) could decline to $28,000 and then experience a sharp rise to $40,000 and beyond. He compares Bitcoin’s behavior with the US Dollar Index (DXY) and asserts that a weakening dollar will contribute to BTC’s growth. Despite some skeptical reactions and the neutral state of the fear and greed index, CoinsKid stands by his analysis, relying on patterns from 2020.

The Association of Russian Banks (ARB) has reached out to the Central Bank of Russia with a request for clarification on certain matters related to the digital ruble.

In a letter addressed to the regulator, the bankers posed the following questions: whether the digital ruble constitutes a third form of money or non-cash currency, whether banks will be required to become participants in the platform, and whether credit institutions will be compensated for expenses related to providing customers access to the platform.

The document now includes an expanded definition of foreign currency, which encompasses the national currency of a foreign country issued in digital form by its central bank.

Non-residents have the right to conduct digital currency transactions without any restrictions, according to the newly implemented amendments.

Bitcoin is currently experiencing a period of slight stagnation within the range of $29,000 to $30,000. However, many experts unanimously believe that the asset will soon witness significant price growth.

Despite the high volatility in the market, people continue to invest in promising digital assets. This is driven by the desire to protect their savings from inflation and theft, as well as to find new ways of passive earning.

Popular cryptoanalyst TechDev predicts a massive growth of Bitcoin (BTC) based on global liquidity and historical data. He compares Chinese 10-year bonds (CN10Y) with the U.S. Dollar Index (DXY) and monitors the activities of major central banks. The chart indicates that global liquidity is on an upward trend, and BTC is following it, suggesting rapid price acceleration in the coming months.</span>

По данным сайта bitinfocharts.com, средняя комиссия в сети биткоина упала ниже $ 1 за транзакцию. В понедельник она составляла 0,000026 BTC или $ 0,778 за транзакцию, медианная комиссия равнялась 0,0000085 BTC или $ 0,251 за перевод.

Для сравнения, 27 июля средняя комиссия в сети составляла $ 1,482, таким образом, за четыре дня она снизилась на 47,5%, в то время как медианная комиссия за перевод в блокчейне биткоина уменьшилась на 57,88%.