Your daily dose of Crypto

The total market cap stood at $1.96 trillion as the short term momentum pauses.
BTC and ETH are testing support levels at $44k and $2.9k as the market consolidates.
SOL is up by 67% in the last 7 days and has set a new ATH of $79.57 amidst rising NFTs and DeFi applications on the blockchain.
AVAX is up by over 38% in the past 24 hours, amidst the announcement of Avalanche Rush, a $180 million liquidity mining incentive program, which will start with the launch of Aave and Curve protocols on the Avalanche network.
Emerging economies such as Vietnam, India and Pakistan have led crypto adoption and the rate of adoption has grown by 880% across the world over the past year, according to Chainalysis’ Global Crypto Adoption Index.
The Dutch central bank has warned Binance for providing crypto services in the Netherlands without the required legal registration.
Japanese crypto exchange Liquid’s hot wallets have been compromised for at least $90 million.
More than 60% of Robinhood users traded crypto in Q2 and it accounted for about $233 million (62% comes from Dogecoin alone) in revenue compared to $5 million in Q2 2020, according to its quarterly earnings report.
Facebook’s stablecoin Diem(formerly Libra) co-creator has announced that Novi(formerly Calibra), its crypto wallet is ready for the market.