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š° US Market Buzz šŗšø šŖ President Trump: "Gold will not be tariffed" ā
š Analysts say this could boost both physical gold & digital gold ($BTC ) š š” Potential ripple effect on altcoins: $MYRO , $ZORA , #BitlayerBooster
šØ Breaking News š¢ š±š šBye now: XRP, ETH, SOL ... $XRP ā Ripple scores a major victory! SEC lawsuit officially ends with a $125M settlement. Price surges +11ā12% to $3.30ā$3.36, smashing key resistance. Bull-flag pattern hints at a possible $8+ target.
$ETH ā Ethereum climbs ~7% to $3,940ā$3,990, pulling strong capital inflowsāespecially from Solana. Eyes locked on the $4,000 milestone with solid bullish momentum.
$SOL ā Solana gains ~4.8%, breaking above $175 and aiming for $183ā$220. Some whales shifting positions into ETH, but sentiment remains bullish.
š Summary: XRP leads the breakout, ETH powers toward $4K, and SOL stays volatile but strong. šš„
According to Binanceās 33rd Proof of Reserves report, the platformās ETH reserves dropped by nearly 9.84%, equivalent to about 496,984 ETH, between July and August.
The report also indicates that Binance now holds fewer ETH relative to user deposits, reflecting a potential shift in user behavior and withdrawals.
$BNB (Binance Coin)
Binance Charity announced a $1.2 million BNB airdrop to support flood-affected people in southern Taiwan.
This humanitarian initiative aims to provide immediate financial relief using BNB directly to local users.
$XRP
Binance increased its XRP reserves by 59 million tokens, reaching a total of 2.754 billion XRP, while user deposits are at 2.675 billion XRP ā resulting in a reserve ratio of 102.96%.
Market sentiment has turned bullish, with the Crypto Fear & Greed Index climbing to "Greed" (Score: 62). XRP and other major tokens like ETH and BTC saw 2ā3% daily gains.
XRPās price moved between $2.91 and $3.02, closing at around $2.98, boosted by high trading volumes on Korean exchange Upbit.
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š Summary Table:
Token Key Update
ETH Binance's ETH reserves dropped ~10%; user withdrawals increased BNB $1.2M BNB airdropped to Taiwan flood victims by Binance Charity XRP Binance added 59M XRP to reserves; price stable near $3; sentiment bullish
š· $POL (Polygon Ecosystem Token) š° Price: ~$0.23 (+8.8%) š° News: Migration from MATIC to POL completed on Binance, network upgrade successful. š Trend: Bullish ā holding above $0.22 may push higher. ā ļø Concern: Inflation model reintroduced; some users express caution.
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š§ $PENGU (Pudgy Penguins Token) š° Price: ~$0.035 (+6.6%) š° News: Korean whales accumulating; team-linked wallet moved large tokens to Binance earlier, causing a dip. ā ļø Risk: Insider selling fears impacting sentiment. š” Support: ~$0.0313 š Resistance: $0.034ā$0.040
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š $SOL (Solana) š° Price: ~$167.34 (+2.4%) š° News: Galaxy Digital and other whales moved big amounts of SOL to Binance. š ETF: Solana ETF filings amended with SEC, approval still pending. š Trend: Strong on-chain activity. Break above $189 may start a bullish rally.
šØ Breaking News šš¢š Binance Hot Tokens Update: Bye Nowš±
š¹ $PROVE
ā Listed: August 5 š Airdrop: 15M PROVE to BNB holders š Price: ~$1.90 ā $1.18 (ā38%), now recovering š Support: $1.13 | Available in Earn + Futures šÆ Bonus Chance: CreatorPad campaign ā $100K in token rewards
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š¹ $PENGU
ā Listed: December 17, 2024 š„ Airdrop + Compensation: 135M PENGU š Price: ~$0.043 (+16%) ā ļø Key Levels: Resistance at $0.0445 | Support at $0.0392 š Meme coin ā sensitive to whale movements š³
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š¹ $OMNI
ā Launchpool & Wallet Integration live š Price: $2.80 ā $7.82 ā now ~$4.10 š Range: $4.00ā$4.30 | Resistance at $4.29 āļø Catalysts: Omni Warp v2 š DEX š Airdrops š Still correcting, but high volume = big moves possible
š $BTC (Bitcoin) š¼ Price: $115,620 š„ Supply shortage (OTC reserves dropping) š BTC Options now open to all users on Binance š Possible upward momentum
š $ETH (Ethereum) š¼ Price: $3,689 ā ļø Selling pressure (~$419M net sell) š” New fee management proposal (EIP) šÆ Target: $3,941 ā $4,094 ā ļø Risk if support breaks: $3,333
š¦ Binance Update ā BTC Options now available to all users ā August 8: NKN/BTC and STX/BNB pairs will be delisted š¤ Spot Trading Bots for these pairs will be shut do.