Bitcoin Sheds $320 Billion as Crypto Market Faces Steepest Decline since 2023
www.financemagnates.com

The cryptocurrency market is experiencing one of its strongest sell-offs in months today (Monday), testing levels not seen since the beginning of 2024. Bitcoin (BTC) has shed 25% of its total value in just 4 days, shrinking by $320 billion. The rest of the cryptocurrency market lost practically the same amount. Bitcoin and Cryptocurrencies Face […]

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Bitcoin price: Why di <b>cryptocurrency</b> drop below 50k inside 24 hours? – BBC News Pidgin
www.google.com

Cryptocurrency follow share markets around di world tumble on Monday sake of fear say United States fit enta recession. Dis na di lowest wey …

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Bitcoin Price Plunge Deepens: What Could Prevent a Recovery?
www.newsbtc.com

Bitcoin price declined further below the $55,000 support zone. BTC is down over 15% and might even slide toward the $50,000 zone. Bitcoin gained bearish momentum below the $56,500 and $55,000 support levels. The price is trading below $55,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with […]

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To Lose $17,000 in a Week: Bitcoin Plunges to 5-Month Lows at $53,000
cryptopotato.com

Bitcoin’s price troubles seem to have no ending as the asset kept plunging on Monday morning and fell to its lowest price position since late February of $53,000. This means that BTC has lost about $17,000 since last Monday, making it one of the worst weekly performances in its 15-year history. CryptoPotato has repeatedly reported […]

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$500B plunge: Largest 3-day wipeout for crypto in a year
cointelegraph.com

The crypto market has just witnessed its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession.

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Analyst Willy Woo Says About Half of US Government’s Over $12,000,000,000 Stash Will Be Returned to Bitfinex
dailyhodl.com

A popular on-chain analyst thinks the US government will eventually return nearly 100,000 seized Bitcoin (BTC) to their rightful owners. Late last month, former President Donald Trump said in the Bitcoin2024 Conference that his administration will keep “100% of all the Bitcoin the US government currently holds or acquires into the future.” But analyst Willy […]

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BitMEX Founder Arthur Hayes on JPY, BTC Moves: 'Time to Go Shopping'
u.today

Arthur Hayes, founder of once-largest crypto exchange BitMEX, is enthusiastic despite collapse of BTC

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ARBITRUM PRICE ANALYSIS & PREDICTION (August 4) – ARB Pauses Selling At $0.6 After A Steady Weekly Drop, Can It Hold?
nulltx.com

Arbitrum’s price has reached a critical trading level again in the latest dip. But it appeared to have found a temporal support and now trades calmly. A major move at this support will determine the next direction. After a three-week break from a low of $0.56 in July, Arbitrum retraced briefly above $0.8 but lost […]

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South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise
news.bitcoin.com

The South African decentralized cross-asset marketplace Mesh.trade has facilitated a $1.64 million (ZAR30 million) capital raise for a reverse mortgage provider. The capital raise allows the provider to offer homeowners the potential for lucrative returns while they remain in their homes. Regulated Alternative Capital Raising Platform The decentralized cross-asset marketplace, Mesh.trade, recently launched a $1.64 […]

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AFP restrains more than $500000 in <b>cryptocurrency</b> following money laundering investigation
www.google.com

The assets included $514,000 in cryptocurrency, alongside properties worth around $12.96 million, $118,000 in various bank accounts, and $1.95 million …

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Ethereum Price Crashes Over 20%: Market Reacts to Major Sell-Off
www.newsbtc.com

Ethereum price nosedived after it settled below $3,000. ETH is down over 20% and it is now attempting to recover from the $2,000 zone. Ethereum started a major decline below the $2,800 and $2,650 levels. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

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Investor Chris Burniske Doubles Down on Massive Solana (SOL) Forecast – Here’s His Outlook
dailyhodl.com

Crypto veteran Chris Burniske is reasserting his confidence in Ethereum (ETH) rival Solana (SOL), confirming a future price prediction despite the downward market. Late last month, Burniske, a partner at crypto venture firm Placeholder, said that a price target of $1,000 per SOL may end up looking “conservative” in the future. Since his prediction, Solana […]

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The Reason Behind Bitcoin’s Price Crash: Arthur Hayes Speculates
cryptopotato.com

Bitcoin’s price crashed toward $53,000, losing more than $17,000 since last Monday. This has been one of the cryptocurrency’s worst weekly performances in its entire history. In the past 24 hours alone, a whopping $840 million worth of leverage positions were liquidated due to the market crash. Source: Coinglass Earlier in the week, CryptoPotato outlined […]

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Bitcoin crashes below $53K wiping out $600M in leveraged longs
cointelegraph.com

A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and other cryptocurrencies tumbled sharply.

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XRP Price: Hourly Death Cross Emerges as XRP Sells Off
u.today

Eyes on XRP’s price action for potential reversal amid bearish chart indication

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XRP Price Falls Below $0.50: Key Takeaways for the Market
www.newsbtc.com

XRP price is down over 15% and trading below $0.50. The price is showing bearish signs and might struggle to recover above the $0.520 resistance. XRP price traded below the $0.500 and $0.4850 support levels. The price is now trading below $0.4880 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

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6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
news.bitcoin.com

At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $2.4 trillion to $2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of an impending U.S. recession, with a soft landing seemingly off the table. Below are six distinct indicators […]

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Australia signs up to global campaign to fight <b>cryptocurrency</b> scams – Cyber Daily
www.google.com

The Australian Federal Police has shared details of a global operation to combat cryptocurrency scams. The AFP-led Joint Policing Cybercrime …

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Whales Preparing for Altcoin Rally by Placing ‘Strong Buy Walls,’ According to CryptoQuant CEO
dailyhodl.com

Crypto whales are positioning themselves for the next market expansion in altcoins, according to the CEO of CryptoQuant. Ki Young Ju tells his 358,000 followers on the social media platform X that whales are now setting up limit orders for altcoins on centralized exchanges (CEXes). Ju explains whales, institutions, and other large entities prefer using […]

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Coinbase Adds Support for Pantera-Backed Low-Cap Altcoin Project
dailyhodl.com

Crypto exchange Coinbase has added trading support for Stader (SD), a noncustodial, multi-chain liquid staking platform. In an announcement, Coinbase says that SD is now available on Coinbase.com and the Coinbase iOS and Android apps. Coinbase placed SD on its listing “roadmap” last month, which signals the possibility of future listings for digital assets – […]

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9 Spot Ethereum ETFs Are Trading Following SEC Approval, Here’s Where To Buy Them
nulltx.com

The Spot Ethereum ETFs finally launched on July 23 following a green light from the US Securities and Exchange Commission (SEC). This marked a significant moment for crypto and ETFSwap (ETFS) specifically, considering how it is set to become the leading platform for investing in these Spot Ethereum ETFs. Nine Spot Ethereum ETFs Begin Trading […]

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Jump Crypto unstakes $315M of ETH, now headed to exchanges
cointelegraph.com

Jump still holds at least $125 million of staked-Ether, blockchain data from Arkham shows.

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Ethereum Prices Dump 23% in Massive Market Plunge, Where to Next For ETH?
cryptopotato.com

The world’s second-largest crypto asset has tanked a whopping 23% in less than 24 hours, despite the launch of America’s first spot Ethereum exchange-traded funds last month. Ethereum prices plummeted from around $2,900 in late trading on Sunday to bottom out at $2,240 during the Monday morning Asian trading session. It is the lowest price […]

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Ethereum (ETH) Collapses 15% in Five Minutes
u.today

The second-largest cryptocurrency is getting absolutely annihilated

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Dogecoin Price (DOGE) Slips Alongside Bitcoin and Ethereum: Market Analysis
www.newsbtc.com

Dogecoin started a major decline below the $0.1150 zone against the US Dollar. DOGE is now trading below $0.100 and showing many bearish signs. DOGE price is down over 15% from well above the $0.1200 pivot zone. The price is trading below the $0.100 level and the 100-hourly simple moving average. There is a key […]

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Circle CEO Jeremy Allaire Unveils ‘Extraordinary’ Long-Term Crypto Prediction – Here’s His Outlook
dailyhodl.com

The chief executive of USDC issuer Circle is revealing his “extraordinary” long-term outlook on the digital assets industry. In a new interview with investor Anthony Pompliano, Circle CEO Jeremy Allaire says that over the years, stablecoins will slowly encroach on the dominance of electronic money held by banks. Allaire compares stablecoins to online videos and […]

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Presidential Candidate Kamala Harris Adds Ex-Binance Adviser to Campaign Team: Report
dailyhodl.com

Democratic presidential candidate Kamala Harris is reportedly adding an ex-Binance adviser to her campaign team. According to a new report by Politico, the Harris campaign has hired David Plouffe – an ex-political advisor to former President Barack Obama who once served on Binance’s Global Advisory Board. An anonymous source familiar with the matter tells Politico […]

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Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
news.bitcoin.com

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining Companies […]

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Paraguay's Power Chief: No <b>Cryptocurrency</b> Mining Company Has Left Yet
www.google.com

Felix Sosa, president of ANDE, has disregarded reports indicating a mass cryptocurrency mining company exodus could be brewing in Paraguay.

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Pro-crypto RFK Jr. once dumped a dead bear in New York’s Central Park
cointelegraph.com

Robert F. Kennedy Jr. left the dead bear with an old bicycle, at a time when there was a rise of cyclist-related accidents across New York.

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DOGWIFHAT PRICE ANALYSIS & PREDICTION (August 2) – WIF Loses $2 In Another Dip, Can It Bounce Off This Support?
nulltx.com

Most meme coins have experienced significant reductions in the past few days with Dogwifhat which is now back in a downward range after a short retracement. It is currently one of the top losers with an 8% drop.  Following a little suspense in the bearish correction, which came after locating support at $1.47 in July, […]

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Stacks (STX) Drops 23%, But Recent Devs Might Slow The Trend
www.newsbtc.com

With the hostile market environment, Stacks (STX) has continued its downward spiral as bears mount the pressure. According to CoinGecko, the token is down nearly 23% since last week, worsened by the current correction phase the market has entered. The latest market data shows that major cryptocurrencies like Bitcoin and Ethereum have shown a drop […]

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