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    Bitcoin Forecast in August and Binance Launch: 5 News That Rocked Cryptocurrencies This Week

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    Crypto world analysts commented on the price outlook for the bitcoin In August. (Image: Pexels/Rodnae)

    See some of the happenings in the world of cryptocurrencies that gained greater prominence among users and enthusiasts of this market.

    Check out the five most read news stories below. Crypto Times between the 30th of July and the 5th of August:

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    5th place – Metaverse will happen, but Meta will fail, says Ethereum founder; understand

    the founder of Ethereum – Vitalik Buterin – discussed how the metaverse it could be, but pointed out that corporate projects for virtual worlds do not seem to be promising.

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    In a string of tweets, Buterin was especially critical of Goal (GOAL) – Big Tech founded and run by Mark Zuckerberg – referring to the company by its old name, Facebook.

    Understand why Buterin said Meta’s metaverse will fail.

    4th place – Binance will launch its first Soulbound Token (SBT) built on BNB Chain

    THE Binance, crypto exchangewill launch Binance Account Bound (BAB), the first Soulbound Token (SBT) built on the BNB Smart Chain, as announced this Monday (1).

    Binance Account Bound (BAB) will be displayed on wallets to indicate that the wallet owner has passed KYC on Binance.

    Check out more details about Binance’s Soulbound Token.

    🏆 3rd place – Bitcoin: What are the cryptocurrency prospects for August, according to analysts

    Largest cryptocurrency in the world, bitcoin (BTC) registered an increase of 8% only on July 27, after the decision of the Federal Reserve (Fed, the Central Bank of United States) to increase the interest rate by 0.75 percentage point (pp) to the range between 2.25% and 2.50%.

    Since then, the cryptocurrency It is up 5% over the past week to $22,952 on the afternoon of Aug. 1, according to data from CoinMarketCap.

    See what analysts say about the outlook for bitcoin this month.

    🏆 2nd place – Partnership turns classic games into ‘play to earn’ – and the reward is in bitcoin

    Players who love the classics Sudoku and Patience Now you can enjoy these games with an extra twist: earn rewards in bitcoin.

    According to Decrypt, the novelty became possible, due to the partnership between the game company Zebedee and the game studio on mobile devices Viker.

    Understand how to earn bitcoin rewards in these games.

    🏆 1st place – Events that could shake the price of cryptocurrencies next week

    the price of cryptocurrencies continued to rally into late July as macroeconomic conditions continued to deteriorate.

    In the early afternoon of July 31, bitcoin was trading at $23,745, down 2.7% over the past 24 hours, according to data from CoinMarketCap. Ethereumin turn, was trading at US$ 1,707, with a negative variation of 0.7% in the same period.

    Check out what events could shake cryptocurrencies last week.

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    Disclaimer

    O Money Times publishes informative articles of a journalistic nature. This publication does not constitute an investment recommendation.

    Source: Moneytimes

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