My dear friends, I never asked anyone to vote for me. I thank both those who voted and those who didn't. I helped my friends, but I never did so for personal gain. What matters to me is love, respect, and humanity. Even though I haven't written anywhere asking for votes, some ignorant people have been talking about me, and I invite them to be human. I never talk about those two or three people who do, and I don't even engage with them. To avoid seeing them, I don't participate in any other activities other than sharing on the Gate Post. To those two or three who talk badly, all I have to say i

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#TopContentChallenge#  The crypto market opened the day sluggishly.

The cryptocurrency market opened the day with small losses. Bitcoin traded limited at $114,000, while the total cryptocurrency market value was $3.80 trillion.

Notable developments in cryptocurrencies of the last 24 hours

Continuing uncertainty about economic growth in the US has limited the risk appetite of crypto investors. As investors avoided risk-based assets, the crypto market also started the day with a slight decline. The total cryptocurrency market value fell 0.5 percent in the last 24 hours to $3.80 trillion.

Ripple (XRP)
Ripple failed to sustain the upward momentum it displayed at the beginning of the week, falling from $3.10 to $2.90. It is currently trading sideways at $2.96. Technical indicators are approaching neutral territory. The RSI is at 50, indicating the potential for an upward breakout. In terms of on-chain activity, there has been no significant increase in large transfers on the network, suggesting that large investors are maintaining a wait-and-see stance. The $3.00 psychological resistance level remains strong. If it closes above this level, the first target is $3.25, followed by $

Ethereum (ETH)
Ethereum recovered from the post-Fed pullback, reaching $3,735 but subsequently corrected to $3,545. It is currently trading around $3,650. Technically, the ascending channel remains intact, but buyers appear to be weakening in the short term. On-chain data shows a slight increase in staking rates, suggesting investors are not inclined to sell in the short term. The stable outlook in the ETH/BTC pair also suggests that Ethereum remains strong relative to the market. Resistance levels at $3,700 and $3,780 are being monitored, while support levels at $3,550 and $3,460 are key. If

#Crypto IPO Surge#  Bitcoin (BTC)
Bitcoin rose to $115,225 yesterday, but failed to hold, falling to $112,660. Since then, it has recovered, rising to $114,400 again and returning to the $113,900-$114,250 range. On-chain data shows selling pressure from short-term investors, particularly increased outflows from wallets with a one-week holding period. Long-term investors (LTH) are holding their positions, and there has been no significant increase in transfer volume. Technically, the $115,500-$116,000 level acts as a strong resistance area, while the $112,500 and $110,800 levels below should be

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Dear Gate Admins, I can't upload images to my posts. It keeps giving me an error. Is there a problem with uploading images or is there a block?
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#TopContentChallenge#  Daily Crypto Bulletin for August 5th.
The crypto market continues its cautious rise.
The crypto market continues its upward trend with small gains. Bitcoin is trading at $114,000, and the total crypto market capitalization is $3.82.
The crypto market has been trading within a limited range in the last 24 hours, following weakening interest rate cut prices, tariff-related charges, and expected weak non-farm payroll data. The ongoing weakness in investor risk appetite is limiting market gains.
Amidst the limited gains, the crypto market capitalization has increased by 0.7%

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#White House Crypto Report# . SEC Takes Step to Modernize Crypto Regulations
The U.S. Securities and Exchange Commission (SEC) has taken steps to modernize crypto regulations. U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins announced the "Project Crypto" initiative, which aims to modernize regulations for crypto-based transactions.
Speaking at an event, Atkins explained that the initiative aims to modernize securities rules and regulations to enable the transition of American financial markets to an on-chain structure.
Atkins noted that U.S. President Donald Trump's Digital