*☕*Coffee and Crypto Session: August 6, 2024**
Good morning, crypto enthusiasts! Here’s a quick roundup of today’s top crypto news:
1. **Bitcoin and Ethereum**: Both BTC and ETH are seeing a slight uptick today. Bitcoin is up by 1.2%, trading at $29,400, while Ethereum has risen by 1.5%, now at $1,850. Analysts suggest this might be due to increased institutional interest.
2. **Binance Developments**: Binance is expanding its footprint in Europe with a new office in Paris, aimed at strengthening its compliance operations amid ongoing regulatory scrutiny.3. **Shiba Inu (SHIB)**: Shiba Inu has launched its much-anticipated Shibarium, a Layer 2 solution to enhance transaction speeds and reduce costs. The SHIB community is optimistic, with the token experiencing a 5% surge.4. **Russia’s Crypto Move**: Russia is accelerating its crypto initiatives, with the central bank announcing a pilot for a digital ruble expected to go live by the end of 2024.5. **Malaysia and BRICS**: Malaysia’s formal bid to join BRICS is progressing, potentially opening new avenues for crypto adoption and economic collaboration within the bloc.6. **Regulatory News**: India’s Supreme Court is set to hear a landmark case on cryptocurrency legality next month, which could have significant implications for the crypto market in the region.Stay tuned for more updates and enjoy your coffee!