Crypto pulse weekly

Hello, crypto community!

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👜 73% of cryptocurrency owners will continue to invest in 2025 – Kraken

Cryptocurrency exchange Kraken has published a study of the crypto market. According to it, 73% of cryptocurrency owners plan to continue investing in this type of assets in 2025. The difference in the age of people who have ever bought crypto assets is noteworthy – 69% of middle-aged respondents (45-60 years old), compared to 55% of young respondents (18-29 years old). 46% of middle-aged investors have a clear preference for digital assets over traditional stocks (23%), shattering the notion that cryptocurrencies are primarily for the younger generation.

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💨 Ripple avoided the court

A US court has fined Ripple $125M, but also recognized XRP trading on exchanges as legal. This court decision puts a fat point, this Ripple is not a security at all. It is logical that the price of the token went up and now everyone who has been sitting in Ripple for a few years will write that they are Diamond Hand, and it will be worth at least $10 on the bull market.

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🎈 Coinbase announced the launch of cbBTC

Cryptocurrency exchange Coinbase announced the launch of a new product called cbBTC. The company did not disclose details about the project. However, in the comments under the Coinbase publication there is a message from the official account of the L2 solution Base, which says “Based”. In addition, amid the exchange’s announcement, Base founder Jesse Pollack announced plans to “build a large-scale bitcoin ecosystem on Base.”

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😶‍🌫️A journalist has filed a request with the FBI regarding Satoshi’s identity 

American journalist Dave Troy has submitted a request to the FBI regarding the identity of bitcoin creator Satoshi Nakamoto. The agency responded that they could neither confirm nor deny the existence of records about it.

Troy emphasized that this is how the FBI responds to all inquiries that involve individuals without U.S. citizenship. However, he noted several interesting points from his perspective:

• The FBI is addressing Nakamoto as a person, not an organization;
• The bitcoin creator was likely a third party in no way connected to the FBI. 

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🔑 Key crypto market highlights (August 14-21)

• Aethir has announced the launch of its community bonus rewards Program for checker node operators.
• Sei (SEI)  – 5.03M coins to be unlocked daily (15.08).
• Starknet (STRK) to unlock 64M tokens, which is 3.95% of the circulating supply (15.08).
• SingularityNET is set to participate in the 17th Annual Conference on Artificial General Intelligence in Seattle (13-16.08).
• Arbitrum (ARB) tokens unlock 92.65M coins, or 2.77% of the circulating supply  (16.08).
• ApeCoin (APE) – 15.6M coins or 2.31% of the circulating supply be unlocked  (17.08).
• Oasis Network (ROSE) unlock of 151M coins or 2.24% of the circulating supply is set (18.08).
• Pixels (PIXEL) tokens unlock 54.37M coins or 7.05% of the circulating supply  (19.08).
• Bridged USD Coin (Scroll) is set to launch the Darwin upgrade (21.08).

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💵 Ideas

[1] 🔔Joining the PoPP x Mantle Social Summer campaign

PoP Planet is hosting the Social Summer event and announced that Mantle has joined the event and has allocated $20,000 $MNT to the PoPP x Mantle campaign.

$MNT will be distributed as follows:

• 10000 tokens will be shared during Social Night;
• 8000 $MNT will be distributed among 1000 participants who completed tasks;
• 2000 $MNT will be distributed among all users who mined NFT TBA.

The campaign with Mantle will run until the August 20.

What to do:

• Connect your wallet via the link;
• Mint NFT TBA for 15 MNT (~$9.5) on the Mantle network (this price is only for the first 10,000 users, after that the price will be x2);
• Complete the tasks on the platform and get SD points.

Note that there is a tab with daily tasks, where you need to make 3 transactions on PoPPX and do a daily Daily Daily Check in. NFT TBA holders can additionally earn USDT, NFT, whitelists in other campaigns, and $PoPPSD tokens that can be converted to $PoPP tokens after TGE.

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[2] 🔔ETH’s possible breakout

According to RLinda’s technical analysis, the market is rebounding on the ETH/USDT pair after a major drop caused by fear. Buyers initially couldn’t push the price above $2000, but now they’re aiming to keep it over #2500. The overall market trend is still positive.

If the price returns to the previous range, it could rise to $4000–4800. The market is still bullish overall. The recent drop and quick recovery suggest that weaker traders have been cleared out, and the market is now poised to move higher. The key levels to watch are between $2717 and 2817. If the price breaks through and stays above this range, it could create strong support and set the stage for a rise to over $4000.

• Support Levels: 2518, 2425, 2400
• Resistance Levels: 2717, 2817

*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.

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[3] 🔔KelpDao’s Airdrop Gain is launched

Airdrop Gain gives access to multiple L2 networks, re-stacking platforms and DeFi capabilities in just one click. This makes it easy to participate in airdrop opportunities and DeFi strategies without having to constantly monitor individual positions. Check this article for more details.

How it works:

• Go to the website.
• Deposit your ETH , rsETH from Kelp, ETHx from Stader or stETH from LidoFinance
• For deposits we receive agETH

What we get by using Gain:

• Access to multiple L2 air drops
• Seamless DeFi integration
• Reward-giving token
•  Automated management
• Diverse partnerships