Newsletter by Tokenize Xchange (Vol.302 | August 2024)
What’s up? Welcome to Tokenize Weekly Roundup
Tokenize Xchange will meet you right here with the week’s most important crypto news. Crypto moves fast, but we’ll help you stay on top of the latest trends and explain why they matter. Also, don’t miss any updates regarding our latest features, events, and community activities.
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🚀Crypto Leaderboard
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🗞 Crypto News Recap: The Top 3 Stories
- On Monday, the cryptocurrency market experienced a significant plunge amid a sell-off, as Bitcoin tumbled below the crucial $50,000 mark, while Ethereum dipped below $2,200.
Crypto Market Plunges Amid Sell-Off
2. Bitcoin Jumps Above $56K, Crypto Markets Bounce Back After Monday’s Rout.
Tokenize Xchange data shows that Bitcoin (BTC) added 12%, from the lowest 50,000 USD, triggering a wider market recovery. Ether (ETH) crossed 2,500 USD, adding 14% from yesterday’s lowest point. Prices began to rebound, in the past 24 hours, DOT is up by 7.34%, LINK surged as much as 10%, and XRP rose about 8%.
3. Grayscale Investments, a leading digital currency asset manager, has announced the launch of four new trusts focused on promising cryptocurrencies: NEAR, STX, TAO, and SUI. These new investment vehicles provide investors with increased exposure to a diversified range of digital assets.
Grayscale Expands Crypto Offerings with New Trusts
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📚 Crypto Academy: New Knowledge Every Week
In the realm of blockchain and cryptocurrency, the concepts of public and private keys are fundamental. They form the backbone of blockchain security, enabling secure transactions and ensuring the integrity of digital assets. This comprehensive guide delves into the differences between public and private keys, their roles in blockchain technology, and their importance in maintaining the security of your crypto assets.
Understanding Public Key vs. Private Key: The Essentials of Blockchain Security
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💎Build your Crypto Portfolio
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🤘🏻 Sharing Is Caring
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Disclaimer
Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.