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8.19 All In Morning Report: The entire @virtuals_io ecosystem focuses on small pools, with numerous funds churning inside, and projects with 10000% gains in a few days are starting to appear in large numbers, so identify them yourself; yesterday, the new Genesis Launch rules were also modified; 1. $BTC went round and round, ultimately being pulled down by ETH in the morning, with rebounds also following ETH; 2. $ETH is truly the leader of this wave, driving the entire market, even BTC couldn't stay out of it; 3. $SOL's on-chain activity has become bland, with the platform war reaching this stage, directly pausing the wealth effect; 4. Solana meme coin platform war reversed again, with Pump taking the first place as LetsBonk collapsed; @pumpdotfun market share once again exceeded 90%; 5. After Trump signed the GENIUS stablecoin bill into law, the US Treasury issued a public consultation on illegal activities; 6. Hackers used fake CAPTCHA to spread Lumma Stealer to steal crypto wallets; 7. CICC: The Federal Reserve will remain cautious on interest rate cuts and will not make significant reductions; 8. Bitdeer's second-quarter mining revenue grew 43%, with Bitcoin holdings increasing to $175 million; 9. Saylor relaxed financing restrictions, with Strategy Inc. allowed to issue common stocks below the premium threshold; Is ATM also starting? 10. ZachXBT: BlockDAG Network is a scam project; 11. BONK .fun platform added "Points" tag, seemingly about to launch a points system; Hope the big shots know that wealth effect is the key, not some points system; 12. The US Securities and Exchange Commission (SEC) postponed decisions on Bitcoin and Ethereum ETFs for Truth Social, as well as XRP and Litecoin funds; ---------- Exchanges' tactics, especially for altcoins, can only chase highs; your buy the dips strategy isn't great, especially for making up for rises, a lifetime of making up for rises. #Bitcoin #Ethereum #Solana #Crypto

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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