Shiba Inu Confirms Death Cross Amid Major Sell-Off; What's Next for Price
u.today

Shiba Inu’s price has been under selling pressure, falling for seven days in row

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Trump and the Future of Bitcoin
bitcoinmagazine.com

If you weren’t there in person, it would be hard to accurately describe how long and winding the line was to see Donald Trump speak at the Bitcoin conference. The wait to even pass through security and find a seat in the auditorium was hours long and thousands of folks were scrambling to find seats […]

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Analyst Benjamin Cowen Issues Warning, Says It’s Time for Altcoins To Collapse Against Bitcoin
dailyhodl.com

A closely followed crypto strategist thinks altcoins are about to witness a market meltdown against Bitcoin (BTC). Analyst Benjamin Cowen tells his 839,200 followers on the social media platform X that altcoin holders are about to experience pain as he believes the crypto market is closely following in the footsteps of the 2019 cycle. In […]

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Xapo Brings Bitcoin Banking to The UK, Offering Crypto-Fiat Product
www.financemagnates.com

Xapo Bank, a Gibraltar-licensed digital banking for crypto, has expanded its operations into the United Kingdom. It has become the first licensed bank in the country to offer a combined interest-bearing USD and Bitcoin (BTC) account. This move comes as the UK positions itself as a potential leader in crypto and blockchain technology, with recent […]

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Salvo Castagna Launches Fintex, Revolutionizing Crypto Transactions with the IBAN Crypto Ramp
www.google.com

… cryptocurrency exchanges. The IBAN Crypto Ramp is designed to integrate seamlessly with existing banking platforms, making cryptocurrency …

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BTC vs MPEPE: Top Analysts Compare Profit Potential Between Bitcoin (BTC) & New Cryptocurrency
www.newsbtc.com

Bitcoin (BTC) has long been the cornerstone of the cryptocurrency market, celebrated for its pioneering role in the digital asset space. As the first cryptocurrency, Bitcoin (BTC) has established itself as a store of value and a hedge against economic uncertainty. Historically, BTC has demonstrated significant volatility, with notable price surges and dips that have […]

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Crypto Investment Products Saw Outflows of $528M Weekly as US Recession Fears Grow: CoinShares
cryptopotato.com

Ethereum investment products experienced net outflows of $146 million globally last week, largely due to $169.4 million in outflows from US spot Ethereum ETFs. This figure masks $430 million in net inflows into new Ethereum ETFs, overshadowed by $603 million in outflows from Grayscale’s ETHE fund. Additionally, there were minor outflows observed in European ETPs, […]

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Arizona primary involving crypto Super PAC’s $1.3M is a squeaker
cointelegraph.com

The primary between two Democrats in Arizona’s 3rd Congressional District will likely go to a recount, with money from crypto interests involved in the race.

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PEPE PRICE ANALYSIS & PREDICTION (August 4) – Pepe Rolls Back To Key Support Zone Due To High Supply, Big Potential Break
nulltx.com

In the current dip, meme coins are charting the most losses weekly along with Pepe, which has registered a 24% loss so far. It is trading back at a multi-month support zone, where a fresh breakdown could occur. Following a major retracement to the $0.0000076 low in July, Pepe saw a sudden rejection with a […]

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Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account
news.bitcoin.com

Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means we are allowed to offer our banking services directly to the UK market,” said the CEO of […]

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$83 Billion in Bitcoin in 24 Hours, Shiba Inu Confirms Death Cross, Ripple Unlocks Massive 500 Million XRP: Crypto News Digest by U.Today
u.today

What crypto news has the weekend brought? Read U.Today’s news digest to find out!

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Europe's Fourth Largest Investment Manager Discloses $500M in Spot Bitcoin ETFs Amid Market Volatility
bitcoinmagazine.com

Capula Management, Europe’s fourth-largest investment manager, has disclosed holdings of nearly $500 million in spot Bitcoin ETFs, as per an SEC filing today.  JUST IN: Capula Management, Europe's fourth largest investment manager, discloses it owns $500 million in spot #Bitcoin ETFs 🇪🇺 pic.twitter.com/AarPOFjrbt — Bitcoin Magazine (@BitcoinMagazine) August 5, 2024 The firm reported owning $211 […]

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$768,850,000 in Bitcoin and Crypto Liquidated in 12 Hours As Global Asset Dump Intensifies
dailyhodl.com

Japan’s stock market is plunging to start the week, fueling a global asset sell-off. The Bank of Japan’s decision to tighten monetary policy, an increasingly bleak economic outlook in the US and rising tensions in the Middle East have triggered a worldwide market reversal, sending Bitcoin and the crypto markets in a free fall. After […]

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Crypto Market Turmoil: Heavy Losses Across the Board, Analysts Weigh In
cryptonews.com.au

Most crypto assets are in the red, suffering heavy losses, with a few assets leading the downturn. Ethereum faces a significant sell-off as Jump Crypto unstakes and moves over US$300 million to exchanges. Global economic fears worsen, pulling down traditional and crypto markets alike, raising concerns about further declines. The crypto market is in uproar […]

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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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