Bitcoin Remains Above $40,000
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Bitcoin has started the day in a positive mood. At press time, the largest cryptocurrency by market cap is trading at $40,040.65 (+1.08%), according to CoinMarketCap.

Chart of the USD/BTC trading pair from EXANTE

For its part, Ether has risen to $2,300.01 (+1.33%), while Tether has increased by 0.04% and is now trading at $1.

iHodl has recently reported 1inch Foundation will distribute 10 million 1INCH tokens as compensation for fees payments. The refunds for the gas, which is used on the Ethereum network to pay transaction fees, will start on September 1.

In the meantime, Binance plans to launch a service intended to help pay crypto-related taxes. With the help of this new tool, users will be able to generate reports on changes in capital on the trading floor, as well as check local tax obligations and obtain a transaction history for more than one tax year.

According to CoinMarketCap’s ranking, 9 currencies on the top 10 are in green.

As for the market cap of all currencies listed in CoinMarketCap, it stays at $1,554,788,578,791.

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