Daily Crypto NewsEDITION #1025, 06 August

Calm Down 2.0

Today, in 1997, Microsoft announced its intention to invest in Apple Computer Inc.

And now, Apple is a giant... 100% one of the web3 projects that venture investments are flowing into will also become the new Apple.

And now, briefly about the important stuff. Because we value your time, and time is Moni.

What's up?

It's turning green. In the last 24 hours, BTC is up 9.1%, Ethereum 12.6%, Solana 23.4%, and TON 10.8%.

Now let's all calm down and understand what's going on:

Why the panic?

– The S&P 500 crash and macroeconomics in general, troubles in Japan

– Fear of an impending recession

– War in the Middle East

And it seems like everything's falling apart. But in such situations, we advise you to take ten steps back and look at the big picture:

– One of the world's largest investment companies, BlackRock, launched two ETFs, and there might be a third one coming

– A potential future president of the USA is promoting crypto

– Crypto is gaining more and more recognition and adoption

So if we're going uphill, small bumps are a necessary part of the journey.

Globally, we're still bullish on the crypto narrative. And you? :)