Sony Music and Eminem Invest in NFT Marketplace, MakersPlace – BeInCrypto

MakersPlace NFT marketplace garnered the attention of two high profile music industry personalities in its latest round of funding and raised $30 million. 
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NFTs are here to stay.

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Solana (SOL) Approaches Crucial Resistance Level – BeInCrypto

Solana (SOL) bounced at the $24 support area on July 20 and broke out from a descending resistance line nine days later.
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It’s now approaching a crucial resistance level near $38.50 which could determine the direction of the longer-term trend.

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Tempus Unveils ETH 2.0 Fixed Rate Staking – BeInCrypto

Decentralized finance (DeFi) platform Tempus has announced a new staking method for Ethereum 2.0 which enables users to access a fixed-rate yield.
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In a blog post on Aug 4, Tempus founder David Garai explained that users can optimize their existing exposure to variable ETH 2.

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BTC, ETH, XRP, ZEC, SNX, AAVE, BTT — Technical Analysis Aug 5 – BeInCrypto

Bitcoin (BTC) has created a bullish engulfing candlestick and is making an attempt at reclaiming the $40,550 range high.
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Ethereum (ETH) has broken out from an ascending parallel channel and is attempting to move above the $2,860 resistance area.

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What Changed in Crypto Markets While You Were Sleeping — Aug 5 – BeInCrypto

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.
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Bitcoin update
BTC has been decreasing since reaching a high of $42,599 on Aug 1.

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IRS Seized $1.2B in Crypto in 2021, Up Nearly 10x From 2020 – BeInCrypto

The IRS has already seized $1.2 billion worth of cryptocurrencies in 2021 that have been used for illicit purposes, which is almost ten times as much as last year.
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According to a report by CNBC, the United States Internal Revenue Service (IRS) has seized over $1.

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Bitcoin (BTC) Recovers, Makes Another Attempt At Crossing Range High – BeInCrypto

Bitcoin (BTC) reached a high of $42,599 on Aug 1 but fell below the $40,550 range high shortly after. 
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It regained its footing by creating a bullish engulfing candlestick on Aug 4 and is now making another attempt at reclaiming the level.

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Binance Partners with Alchemy Pay to Build Payment Bridge – BeInCrypto

Binance and crypto payment technology providers Alchemy Pay are teaming up to bring Binance Pay to Shopify, Aldo, and other merchants. 
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On Aug 4 Binance and Alchemy Pay announced a partnership to help integrate several major merchants.

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