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As Vice President Kamala Harris embarks on her presidential campaign following President Joe Biden's decision not to seek re-election, her position on cryptocurrency remains ambiguous.

In a surprising turn of events in the cryptocurrency world, the new entrant "Cats In A Dogs World" has outperformed established memecoins such as Dogecoin and Shiba Inu to claim the top spot on the 24-hour gainers chart.

On August 6, 2024, the phrase "How To Spot 100x Altcoin" surged in popularity among cryptocurrency enthusiasts and casual internet users. This sudden spike in interest was linked to its appearance in a Tapswap Daily Combo code—a popular feature of the tap-to-earn game on Telegram.

As of now, Bitcoin and major altcoins exhibit stability, yet the aftermath of the weekend's sharp liquidation has left a significant impact on the market. The recent wave of liquidations, which saw billions in leveraged positions wiped out, has created a technical pressure on prices, even though the market seems stable at press time.

The investment landscape is poised for a notable shift with the recent proposal for options trading on BlackRock’s anticipated spot Ethereum ETF. This development follows the SEC’s approval of Ethereum ETFs from prominent firms like Franklin Templeton and VanEck.

On August 5, the cryptocurrency market experienced a dramatic crash, resulting in a significant spike in activity on major exchanges. Binance, in particular, saw a substantial influx of capital, recording $1.2 billion in net inflows as traders responded to the sharp decline in cryptocurrency prices.