Global

Ethereum (ETH) experienced a notable rebound this week, bouncing back from a low of $2,100 to gain 25% since August 2024 lows. While bullish sentiment persists with expectations of surpassing $2,800 and potentially hitting the psychological $3,000 mark, upcoming market events could introduce volatility.

Navigating the volatile cryptocurrency market can be daunting, especially for newcomers. For investors looking to gain exposure to the crypto market without the stress of managing individual assets, Crypto Index Funds offer a promising alternative.

In a recent statement on August 9 via the X platform, Xu, a key spokesperson for OKX, underscored the exchange's firm stance on compliance with global sanctions regulations. The announcement highlighted OKX's rigorous approach to handling deposits and withdrawals involving sanctioned entities, such as Garantex and Tornado Cash.

Solana (SOL) has emerged as one of the standout performers in the current cryptocurrency cycle, demonstrating a remarkable 20x increase from its bear market lows.

On August 9, Thailand’s financial regulators unveiled a new "regulatory sandbox" designed to test and refine cryptocurrency services. This initiative, spearheaded by the country’s Securities and Exchange Commission (SEC), is a strategic step to address the rapid adoption of digital assets and the need for effective regulation.

Cardano is on the cusp of a major update with the upcoming Chang hard fork, which promises to enhance the network’s decentralization and improve node coordination. This development represents a crucial step forward for Cardano, aimed at bolstering the blockchain's decentralized nature while reducing central oversight.