#Write2Earn $BONK BONK has retraced from daily resistance | maanzimujeeb on Binance Square

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#Write2Earn $BONK 
BONK has retraced from daily resistance and is now testing crucial support at the value area high, with a potential breakdown leading to deeper corrections, while holding this level could spark another upward movement.

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#Write2Earn $TON The TON Foundation revealed the investment on Monday in an announcement on X, and described it as a strong endorsement from one of the most prominent venture investors in the crypto industry. The Foundation said it could not disclose Coinbase Ventures’ position size. Still, it noted that their support spoke volumes, emphasizing the symbolic importance of the firm’s involvement despite the lack of financial details. Coinbase Ventures has added to a list of investors who bet that TON will bridge social media and mass blockchain adoption. The project is widely applicable due to its unique integration with the famous messaging app Telegram, which has more than 1 billion monthly active users globally. Manuel Stotz, president of the TON Foundation and CEO of Kingsway Capital, said that Coinbase Ventures purchased the TON tokens directly from Telegram — the messaging giant behind the network’s core infrastructure. This direct acquisition bypassed secondary markets and intermediaries, underscoring the deal’s strategic nature. Stotz did not reveal the size of the transaction or the date it was finalized, citing confidentiality agreements. However, industry watchers see the move as a deliberate alignment between one of the largest U.S. crypto investors and a blockchain project with one of the biggest built-in audiences in the world.

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#Write2Earn #Bitlayerlabs Bitlayer is a Layer 2 solution for Bitcoin, offering EVM and Ethereum toolchain compatibility, utilizing BTC as the native token. It aims to balance Bitcoin's security with Turing completeness through cryptographic and blockchain protocol innovations. Bitlayer supports trustless asset flow and versatile state transition expressions via EVM, SolanaVM, and more, fostering a Bitcoin-centric ecosystem

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#DeFiGetsGraded Global has assigned the first credit rating to a DeFi protocol, granting Sky a rating of B-, marking an important milestone in the adoption of decentralized finance in organizations. This could pave the way for more traditional financial institutions to engage in DeFi by providing the necessary risk assessment frameworks.

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#wordoftheday $ETH Cryptocurrencies have found a decent rally amid yesterday's strong session, propulsed by the Ether breaking 4,000 for the first time in 2025 and some positive news. Effectively, US President Trump just passed an executive order allowing Cryptocurrency investments to be counted into American 401Ks (retirement accounts) which boosted sentiment around the longer-run cryptocurrency investment mindset. There has been a few hypothesis, which don't sound too unrealistic, of BlackRock preparing for a XRP ETF in the follow-up from creations of ETFs for Ethereum, and the most recent addition, Solana. However, today's session seems to be a bit more mixed as Bitcoin steps into some key levels and some altcoins seem to not have got as much traction as the past month. Ethereum did drag a few of its peers higher yesterday but more bullish momentum would be welcome for some minor coins to come back to the past week highs . Let's take a look at what the daily crypto picture is looking like and a few technical charts including Ethereum, Bitcoin, XRP and ETH/BTC

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#WORDOFTHEDAY U.S. Spot XRP ETFs: Five Possible Reasons Behind BlackRock’s Hesitation to File for One BlackRock’s absence from the crowded spot XRP ETF race could be a reflection of client demand, regulatory caution and a calculated focus on bitcoin and ether What to know: BlackRock confirmed Aug. 8 that it has no immediate plans for a U.S. spot XRP ETF, even after the SEC–Ripple settlement. The asset manager is likely waiting for deeper liquidity and stronger institutional demand before entering. Multiple spot XRP ETF applications from other issuers are already pending. BlackRock has made bold moves into bitcoin and ether ETFs, but on Friday, the asset manager said it had no immediate plans to file for a spot XRP exchange-traded fund (ETF), dashing the community’s hopes that its entry could help extend XRP’s 2025 rally. This statement — made the day after the U.S. Securities and Exchange Commission (SEC) and Ripple Labs jointly asked an appeals court to dismiss their respective appeals, signaling an end to their nearly five-year legal battle — has left investors questioning why BlackRock remains on the sidelines.

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