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1. El Salvador continues to accumulate Bitcoin: The Central American country has been purchasing one Bitcoin daily since March 2024, increasing its cryptocurrency treasury to nearly 6,000 BTC, valued at approximately $377 million. This strategy has generated an unrealized gain of $93.45 million for the Salvadoran government. President Nayib Bukele remains committed to his vision of making Bitcoin a pillar of the country’s economy.
2. Binance Labs invests in four BNB Chain projects: In the seventh season of the Most Valuable Builder (MVB) program, Binance Labs has invested in four prominent projects that are building innovative solutions in DeFi, infrastructure, and Web3 gaming. These projects are Aggregata, Opinion Labs, SideKick, and Vooi. The investment underscores Binance’s commitment to the mass adoption of Web3.

The world of cryptocurrencies continues to evolve rapidly, and news emerges every day that impacts the market and investors. Here are the 5 most important news stories of the day:
1. Bitcoin Approaches New All-Time High
Bitcoin has been on an uptrend and is less than 13% away from its previous all-time high of $73,800. With the current price hovering around $64,700, the cryptocurrency is primed for a potential rally that could break its previous record. This momentum is being supported by growing institutional interest and increased global adoption.

In the volatile world of cryptocurrencies, identifying projects with high growth potential before they explode in value is crucial. Below are three cryptocurrencies with a current price below one dollar, which show an upward trend for the upcoming month of September 2024.
1. Stellar (XLM)
Stellar is a payments network that facilitates the transfer of money and assets between users. Its focus on financial inclusion and strategic partnerships with businesses and governments around the world have driven its adoption. XLM, Stellar’s ​​native token, remains below a dollar, but its recent trend shows a possible breakout at its key resistance. With the growing adoption of its network and the focus on improving interoperability, Stellar could see a significant increase in its value during September.

There have been several important news stories in the cryptocurrency world today, Saturday, August 24, 2024. Here is a summary of the latest developments:

- Bitcoin hits new all-time high: The world's largest cryptocurrency has surpassed its previous record, reaching a new all-time high. This surge has generated great enthusiasm among investors and has boosted the growth of the cryptocurrency market in general.

- Ethereum successfully completes Layer 2 upgrade: The Ethereum blockchain platform has successfully completed its Layer 2 upgrade, which will enable greater scalability and efficiency on the network.