Bitcoin miner revenues dwindle as halving erodes mining volumes: Bitbo
cointelegraph.com

Mining revenues hit 12-month lows in August, according to Bitbo.

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‘Tends To Happen on Wall Street’ – Morgan Creek’s Mark Yusko Explains How Bitcoin ETFs Contribute to BTC Chop
dailyhodl.com

Hedge fund veteran Mark Yusko believes that the launch of Bitcoin exchange-traded funds (ETFs) has given Wall Street some control over the price action of BTC. In a new interview with crypto podcaster Scott Melker, Morgan Creek’s Yusko says that he’s not seeing signs of intense selling pressure in both the spot and ETF markets. […]

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ADA Price in Red Despite Successful Chang Fork Launch
u.today

The successful launch of the Chang hard fork has failed to push the ADA price higher

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Important Binance Update Affecting Various Meme Coins: Details
cryptopotato.com

TL;DR Binance will raise the collateral ratios for several cryptocurrencies, including Floki Inu (FLOKI) and Dogs (DOGS). The company introduced new trading pairs for DOGS, possibly contributing to the meme coin’s solid performance last week. The Latest Update The world’s largest crypto exchange will amend the collateral ratio for several altcoins, such as some trending […]

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Binance Transfers South African Derivatives Operations to Bahrain Unit
www.financemagnates.com

Binance plans to transfer its South African derivatives operations to its Bahrain subsidiary. The crypto exchange mentioned in a statement today that this move will require users to adapt to new procedures and ensure compliance with South African and Bahraini regulations. Regulatory Shift Prompts Account Migration Binance Bahrain will now serve as the official entity […]

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LITECOIN PRICE ANALYSIS & PREDICTION (August 31) – LTC Foots A Bullish Move Amid Market Falls, Will It Reclaim $70?
nulltx.com

Amid recent price falls, Litecoin regained strength after locating support this week. This puts the asset in a 4% gain with a traded volume of $331 million in the last 24 hours. Still, it remains bearish on the mid-term. Two weeks ago, Litecoin rejected the $70 level after recovering nicely from the monthly crash. This […]

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15 <b>Cryptocurrency</b> Forecasts For 2025 – InvestingHaven
www.google.com

15 Cryptocurrency Forecasts For 2025 · 1. Bitcoin (BTC) · 2. Ethereum (ETH) · 3. Solana (SOL) · 4. Ripple (XRP) · 5. Binance Coin (BNB) · 6. Cardano (ADA).

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Here’s Why The XRP Price Plunged To $0.55
www.newsbtc.com

The XRP price has dropped to $0.55 as the crypto token continues to struggle to break above the $0.60 resistance level. This recent drop is due to several factors, including Ripple’s recent token unlocks.  Ripple’s Unlocks Causes Price To Drop According to the on-chain analytics platform Whale Alert, Ripple unlocked 1 billion XRP tokens ($559 […]

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Australian Spot Bitcoin ETFs See Steady Inflow, While US Funds Struggle
cryptonews.com.au

Monochrome’s IBTC ETF, Australia’s first ETF to directly hold Bitcoin, has continued to grow despite significant outflows from the US-based ETFs last week — IBTC now holds 125 BTC. Most of the US-based ETFs saw daily net outflows last week: BlackRock’s IBIT fund saw only its second daily net outflows, losing over US$13 million on […]

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Google Trends Data Reveals Cooling Interest in Bitcoin Amid Market Uncertainty 
news.bitcoin.com

As bitcoin prices slipped under $60,000 in early September, the once-electric excitement around bitcoin seems to have dimmed, as reflected in Google Trends data. Back on Jan. 1, 2024, the search term “bitcoin” was coasting along with a score of 57 out of 100, but fast forward to now, and it’s plunged to 32. When […]

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Over 40% of Telegram’s 2023 Revenue Stems From Crypto Ventures: Report
dailyhodl.com

A huge chunk of the revenue generated by the messaging app Telegram reportedly came from crypto assets. A new report from The Financial Times shows that in 2023, over 40% of the revenue generated by the company was derived from its integrated wallet and sales of collectibles.  Telegram sells collectibles and provides integrated wallet services […]

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Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report
dailyhodl.com

Two US-based gold dealers are reportedly pleading guilty over their roles in a nationwide scam that involves cryptocurrencies. According to a new report by The State, Kenneth Brown Jr. and Nicholas Shepard – the operators of the gold and precious metals exchange Golden Eagle – have agreed to plead guilty to a federal charge of […]

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Looser Fed policy, global macro trends point to bullish outlook for Bitcoin — Analysts
cointelegraph.com

Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar’s performance and signs of easing monetary policy, according to ETC Group. 

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Shiba Inu (SHIB) Bulls Sidestepped as Price Rebound Fails
u.today

Shiba Inu is currently more favorable to sellers with generally bearish metrics

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Bitcoin Mining Revenue Hits New Low as August Sees Decline in Mined BTC
cryptopotato.com

Data from bitcoin (BTC) on-chain analysis platform Bitbo shows that miners of the largest cryptocurrency suffered their worst month in nearly a year in terms of revenue generation. According to figures available on the dashboard, BTC mining activities secured $827 million in August, a more than 10% decrease from July’s $927.35 million. Transaction Fees Fall […]

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GDMining Named One of the Best Cloud Mining Platforms of – GlobeNewswire
www.google.com

London, UK, Sept. 02, 2024 (GLOBE NEWSWIRE) — GDMining, a leading cloud mining platform, has been honored by the UK Cryptocurrency Enthusiasts…

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Bitcoin Price Drifts Lower: Will the Grind Continue?
www.newsbtc.com

Bitcoin price extended losses below the $58,500 support zone. BTC is struggling and could continue to move down toward the $55,000 support zone. Bitcoin is gaining pace below the $60,000 support zone. The price is trading below $59,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance […]

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Crypto Trader Unveils ‘Ultimate’ Target for Bitcoin Price Before Reversal – Here’s His Outlook
dailyhodl.com

An analyst with a fast-growing following says he has one price target for Bitcoin’s (BTC) bottom before a bullish reversal could take place. The pseudonymous trader known as Credible Crypto tells his 415,000 followers on the social media platform X that he’s anticipating BTC to pull off a relief rally before heading down further. Credible […]

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Why Socialism Fails: A Misesian Perspective
news.bitcoin.com

Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on coercive control over the means of production. Ludwig von Mises, in his seminal work “Socialism: An Economic and Sociological Analysis,” provides a comprehensive critique of socialism’s flaws rooted in both economic and […]

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Worldcoin ($WLD) Surges In Optimism Ecosystem But Faces Investor Woes
nulltx.com

Worldcoin ($WLD) has emerged as a dominant force within the Optimism ecosystem, showcasing remarkable growth over the past year. The number of unique addresses holding $WLD skyrocketed from 477,000 in August 2023 to a staggering 4.7 million by August 26, 2024. This rapid expansion highlights a strong surge in community engagement and growing interest in […]

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$6,440,000,000,000 Piled Into Money Market Funds As Bank of America Warns Rate Cuts Won’t Fuel Rotation To Stocks
dailyhodl.com

The amount of capital invested in money market funds has surged to a record level with a potential Fed rate cut coming this month. New figures from the Federal Reserve Economic Data (FRED) show the amount of capital invested in money market funds has soared to over $6.44 trillion as of June of this year. […]

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Dogwifhat, Popcat lead 7-day crypto slump, traders eye Oct breakout
cointelegraph.com

Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism.

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Pump.fun Hits $100 Million Revenue from 1 Million Memecoins
cryptonews.com.au

Crypto and memecoin markets are experiencing a decline, with notable drops in DOGS and BRETT. Pump.fun, a memecoin launchpad on Solana, has generated over US$100 million in cumulative revenue and released 1.1 million tokens since January. In the last 24 hours, Pump.fun launched 5,601 new memecoins, though most lack long-term relevance. SunPump’s activity declines as […]

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First-Ever AI-to-AI Crypto Transaction Happens on Coinbase Platform Base
cryptonews.com.au

Brian Armstrong announced that AI now uses crypto for transactions, a breakthrough in AI financial autonomy. AI systems bypass traditional banking with crypto wallets, facilitating instant, global transactions. This capability allows AIs to perform efficiently, overcoming barriers to accessing necessary services. The AI-to-AI economy, driven by AI and cryptocurrency integration, is potentially reshaping the financial […]

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Ethereum Price Eyes Downside Thrust: Will It Slip Further?
www.newsbtc.com

Ethereum price started another decline below the $2,550 support. ETH could dive toward the $2,250 support zone before the bulls emerge. Ethereum started a fresh decline below the $2,550 level. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,500 on […]

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SEC Might 'Challenge' FTX If Creditors Are Paid in Stablecoins
www.financemagnates.com

The Securities and Exchange Commission (SEC) has taken an interest in the restructuring plan of the now-collapsed FTX and revealed its intentions to challenge the crypto exchange’s payment plan to its creditors if they were paid in stablecoins. “The SEC is not opining on the legality, under the federal securities laws, of the transactions outlined […]

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2,364 BTC Stash Stuns World's Largest Crypto Exchange: Details
u.today

2,364 BTC valued at approximately $140 million moved to major crypto exchange

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Crypto Bill Passage Would Be Long Shot for 2024 – PYMNTS.com
www.google.com

Will this year see a cryptocurrency bill make it through Congress? There's a chance, according to a Sunday (Sep. 1) report by Coindesk, …

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Political-Themed Tokens Surged 780% This Year, Outperforming Meme Coins 
cryptopotato.com

These are the findings of a new research report on “PolitiFi coins” from CoinGecko published on Aug. 27. The report noted that PolitiFi tokens outperformed meme coins, rising 782.4% between January 1 and August 25, 2024, while memes rose around 90% during the same period. The firm described PolitiFi tokens as a subset of the […]

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Raoul Pal Predicts Breakout for One Digital Asset Sector, Says Crypto Consumer Apps To Scale This Cycle
dailyhodl.com

Macro guru and Real Vision CEO Raoul Pal says he’s anticipating a “big breakout” for one crypto subsector. In a new interview on the Empire podcast, the former Goldman Sachs executive says gaming applications are approaching a new phase of adoption that may help trigger growth in the digital asset class. “When we start to […]

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Banking Giant Says Tens of Thousands of Customers Are Spending Millions on Products That Never Arrive: Report
dailyhodl.com

Lloyds Bank says tens of thousands of customers in the UK are falling for fake websites while shopping. The bank says credit and debit card customers have been fooled into buying items that never arrive, pouring a total of $8 million (£6 million) into the hands of scammers in the last year alone, reports Yahoo […]

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Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high 
cointelegraph.com

Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings. 

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