Aug 5 Crypto News:
1. According to Coinglass data, the cryptocurrency market has seen a total of $181 million in bursts over the past 24 hours, including $44.5185 million in long positions and $137 million in short positions.
2. Verb Technology Raises $558 Million in Private Placement Financing, Transforms into TON Reserve Strategy Company.
3. Strategy added 21,021 BTC to its holdings last week, spending $2.46 billion.
4. According to DeFiLlama, the total market capitalization of stablecoins in the crypto market currently stands at $267.405 billion, an increase of $1.78 billion from last week, or 0.67% year-over-year, with USDT accounting for 61.61% of the market capitalization.
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