Oh, Binance! How YOU Conquered Crypto While Bitcoin Partied Like It’s 1999 🎉

Let’s rewind to July 13 and 14, when bitcoin flirted with its all-time high like it was auditioning for a rom-com. Suddenly, spot trading went full-on Black Friday chaos. Binance’s bitcoin spot volume skyrocketed from $3.1 billion to $8.4 billion—nearly tripling overnight. Meanwhile, other exchanges were busy patting themselves on the back for their measly 2.6x growth. Kudos to Julio Moreno, head of research at cryptoquant.com, for crunching these numbers so I didn’t have to.

Why Nokia Stock Is Sinking Today

Nokia, the well-known telecommunications corporation previously dominating the mobile phone market, revealed today that they have adjusted their financial expectations before releasing their upcoming earnings report.

Why AST SpaceMobile Stock Is Sinking Today

Today’s trading started off with a noticeable downward trend across the broader market, particularly affecting tech companies. However, as the day has unfolded, the decline seems to be easing. The reason for this overall dip can be attributed to the valuation challenges faced by technology stocks that heavily rely on growth, and additional factors affecting AST stock specifically. These factors include the disappointing earnings report from Lockheed Martin and negative analyst sentiment surrounding BlackSky Technology, another player in the space industry.

Why Cleveland-Cliffs Rallied Today

Today, a U.S. steel producer announced their second-quarter profits, revealing that although revenue and profit declined compared to the same period last year, they surpassed predictions. Additionally, CEO Lourenco Goncalves expressed confidence that the latest rise in steel tariffs would eventually bring positive results for the company.

Tron vs Ethereum: The Fee Frenzy & TRX Burn Bonanza 😂💸

But what sorcery fuels this ascent? Ah, the answer lies within the mystic scrolls of on-chain data, courtesy of CryptoQuant. Behold: fees on the Tron network have surged past Ethereum’s, aligning themselves with none other than Bitcoin itself! A modest $1.29 per month in transaction fees may seem humble, yet it whispers sweet nothings of increased user activity and slightly pricier transactions. Oh, how the mighty Ethereum must feel, watching its fee-based revenue crown snatched away by this upstart contender. Truly, the gods of blockchain drama are having a field day. 🎭✨