[Today's Cryptocurrency Fear and Greed Index Drops to 31, Market in Fear State]
According to Alternative.me data, today's Cryptocurrency Fear and Greed Index has dropped to 31, compared to 34 yesterday.
[Trader Buys MARSCOIN, Loses $110,000 in 2 Hours]
According to monitoring by Lookonchain, trader 0xacbf purchased 6.15 million MARSCOIN after CZ burned 4,444 MARSCOIN, spending 133,000 USDT. Shortly afterward, CZ announced the cessation of using the public address, causing the price of MARSCOIN to drop by over 90%. Trader 0xacbf liquidated his holdings for 22,400 USDT, resulting in a loss of $110,700 within 2 hours.
NYSE, CME, and DTCC have confirmed their participation in this week's Bitcoin Clarity Act conference hosted by US President Trump. (The Bitcoin Historian)
According to Onchain Lens monitoring, Garrett Jin deposited 17 million WLFIs worth approximately $1.01 million into Binance. Garrett Jin received 313.31 million WLFIs worth approximately $31.66 million five months ago, and the position is currently experiencing a floating loss of approximately $13 million.
According to The Block, Novig filed a federal lawsuit on August 15th in the Western District Federal District Court of Wisconsin, suing Wisconsin Attorney General Josh Kaul and state gambling administrator John Dillett. Novig expects Wisconsin to take enforcement action to prevent Novig from providing sports related event contracts to Wisconsin residents. Wisconsin sued Kalshi, Polymarket, Robinhood, Crypto.com, and Coinbase in April, alleging that their sports event contracts violated the state's ban on commercial gambling. Novig began providing contracts to Wisconsin clients a week before the lawsuit and requested the court to expedite the preliminary injunction to prevent state enforcement.