Best Twitter threads of the day – August 7th

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  TL;DR Breakdown The Polkadot price analysis reflects a slow but positive trend. Resistance for DOT/USD is present at $5.47. Support for DOT is present at $5.11. Today’s Polkadot price analysis favors a bullish perspective as buyers endeavor to elevate the price level. On May 17, DOT rallied toward $5.43, reflecting a noteworthy bullish performance after a prolonged interval of downward movement throughout May 2023. However, the price promptly corrected downward the next day with an equally strong correction that erased 80% of the previously gained ground. Nevertheless, bulls are currently striving to make a comeback, resulting in a slow-paced upward oscillation in the price. DOT/USD 1-day price chart: Buyers must provide additional support for DOT The one-day Polkadot price chart reveals a small green candlestick, indicating a potential recovery in coin value. Recent days have shown low volatility and sluggish price oscillations. At the time of writing, the crypto pair is trading at $5.35, down 1.43 percent in the last 24 hours. However, it has gained 2.71 percent over the past week. Trading volume has declined by over four percent…

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• Binance NFT ends Sandbox staking and drops Polygon network support

  TL;DR Breakdown Binance NFT announces a halt to The Sandbox NFT Staking Program, effective September 26, 2023. Staking of LAND NFTs on the Polygon Network will be suspended, with an automatic unstaking process set to begin on September 27, 2023. Binance NFT is ending its support for the Polygon Network, requiring users to complete all withdrawals by December 31, 2023. Description Binance NFT has announced changes that will reshape its platform’s offerings. Effective September 26, 2023, at 06:00 (UTC), the platform will terminate The Sandbox NFT Staking Program. This decision is part of a broader strategy to refine the Binance NFT Marketplace’s product offerings. The staking of LAND NFTs, currently hosted on the Polygon Network, will … Read more Binance NFT has announced changes that will reshape its platform’s offerings. Effective September 26, 2023, at 06:00 (UTC), the platform will terminate The Sandbox NFT Staking Program. This decision is part of a broader strategy to refine the Binance NFT Marketplace’s product offerings. The staking of LAND NFTs, currently hosted on the Polygon Network, will be suspended from the aforementioned date….

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• China’s AIIB gets major World Bank partnership

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• Crypto asset interest in Latvia slows amid market concerns: Latvia’s central bank report

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• Elon Musk’s legal team undergoes changes amid market manipulation lawsuit

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