Crypto markets rebound on Tuesday amid global equity market recovery | News on Markets
www.google.com

Crypto Market Today: The oldest cryptocurrency, Bitcoin, which registered a fall of over 12 per cent yesterday, has jumped over 9 per cent in the …

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Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High
www.newsbtc.com

Crypto analyst Rekt Capital has provided some form of optimism for Bitcoin investors, suggesting that the massive sell pressure on the flagship crypto is almost over. This comes amid a significant surge in Bitcoin’s dominance. Bitcoin Seller Exhaustion Is At Its Peak In an X (formerly Twitter) post, Rekt Capital mentioned that “the sell-side volume […]

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Metaplanet Announces $70 Million Stock Rights Offering to Further Boost Bitcoin Investments
news.bitcoin.com

Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this strategic move is part of Metaplanet’s broader plan to expand its cryptocurrency holdings and hedge against currency depreciation. The company, which currently holds around 246 […]

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Congressman Ro Khanna Wants To Host Meeting With Crypto Leaders and Kamala Harris Campaign Members: Report
dailyhodl.com

Democratic Congressman Ro Khanna reportedly wants to host a meeting to help Vice President Kamala Harris’ campaign mend fences with the crypto industry. Khanna, one of the Democratic caucus’s most vocally pro-crypto members, attempted to schedule a Monday Zoom meeting between Harris’ team and industry stakeholders, though that meeting was delayed until later in the […]

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Millennial Voters Fed Up With Traditional Financial System While Eyeing Bitcoin (BTC): Michael Saylor
dailyhodl.com

MicroStrategy founder and executive chairman Michael Saylor says that younger voters are growing tired of traditional finance and finding Bitcoin (BTC) more attractive. In a new interview on CNBC, the BTC firebrand says that millennials, people born from 1981 to 1996, are starting to feel that Bitcoin offers many more benefits than traditional finance, including […]

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DJT Token Crashes 90% After $2 Million Dump! ‘Pharma Bro’ Shkreli Blames Barron Trump
crypto-economy.com

TL;DR The DJT token, thematically linked to Donald Trump and his son Barron, plunged 90% on August 6, 2024, due to a massive $2 million sell-off executed by a single wallet. The wallet controlling 20% of the supply conducted a large transaction that led to the token’s collapse. The funds were redistributed to four different […]

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Justin Sun's $35 Million Ethereum Move Stuns Crypto Community
u.today

Ethereum eyes rebound as Justin Sun makes bullish move

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Standard Chartered Subsidiary Bank Launches Bitcoin ETFs Trading
bitcoinmagazine.com

Mox, a virtual bank subsidiary of Standard Chartered, has introduced Bitcoin and crypto exchange-traded fund (ETF) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and crypto-related investment products. JUST IN: 🇭🇰 Standard Chartered’s subsidiary bank Mox starts offering #Bitcoin ETFs on its platform. pic.twitter.com/OCzGh75FKc — […]

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Canadian crypto exchanges face deadline for CIRO membership
cointelegraph.com

Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry’s self-regulatory organization.

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AFP: Phishing Scam Compromises Thousands of Australian Crypto Wallets
cryptonews.com.au

As part of the multi-national anti-scam effort, Operation Spincaster, the AFP has identified over 2,000 compromised Australian crypto wallets at risk of losing assets after falling victim to ‘approval phishing’ scams. Operation Spincaster was launched earlier this year by blockchain analytics firm, Chainalysis, and is a collaborative effort to combat crypto scams involving law enforcement […]

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BITCOIN PRICE ANALYSIS & PREDICTION (August 5) – BTC Dumps To $49k Amid Crypto Bloodbath, Recovers Slightly But Still Looks Weak
nulltx.com

Losing 25% of its value in a week, Bitcoin recorded its biggest fall since it started correcting in March and dipped under the controversial $50k level today. Due to this, several altcoins have rolled back their bottoms. For the first time in six months, Bitcoin tested a low of $49k earlier today following a week […]

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Bitcoin Startup Lab Launches Largest Bitcoin Hackathon in History
cryptopotato.com

[PRESS RELEASE – Austin, USA, August 6th, 2024] Bitcoin Startup Lab has initiated the Bitcoin Olympics along with other Bitcoin industry leaders, the largest online Bitcoin hackathon to date. Running from August 1st to 27th, the event will culminate in an award ceremony at BTCON on September 4th, celebrating the achievements of participants and the […]

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<b>Cryptocurrency</b> Decline Mirrors Global Market Drop, Binance New Zealand | Scoop News
www.google.com

Despite the recent sharp decline in global financial markets and its impact on the cryptocurrency sector, the fundamental value and potential of …

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Experts Believe The Dogecoin Hype Is Over And Mpeppe (MPEPE) Will Take Over.
www.newsbtc.com

Dogecoin (DOGE) has long been the poster child for memecoins, riding waves of social media hype and celebrity endorsements to impressive heights. However, the fervor that once surrounded Dogecoin (DOGE) appears to be waning. Analysts and experts in the cryptocurrency market are noting a shift in investor sentiment as the coin’s momentum starts to decline. […]

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US Secret Service To Bust More Crypto Crimes if New Proposed Bill Goes Through
dailyhodl.com

Senators Catherine Cortez Masto (D-Nevada), Chuck Grassley (R-Iowa) and Amy Klobuchar (D-Minnesota) have introduced bipartisan legislation seeking to strengthen the US Secret Service’s authority in investigating crypto-related criminal activities. According to a joint press release, the Combating Money Laundering in Cyber Crime Act aims to update the existing laws with a view of authorizing the […]

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Wazirx Announces FIR Filing Following Major Cyberattack
news.bitcoin.com

Indian crypto exchange Wazirx has updated users about the recent cyberattack, confirming the filing of a First Information Report (FIR) to address the hack. Cofounder Nischal Shetty emphasized that a police complaint was made the day after the attack. The FIR, filed nearly 20 days later, is part of an ongoing investigation by the Delhi […]

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Bitcoin Core Embraces Full-RBF After 11 Years. Here’s What It Means
u.today

Full-RBF has finally become the default in Bitcoin Core

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Metaplanet To Raise $70 Million To Buy More Bitcoin
bitcoinmagazine.com

Metaplanet, a publicly listed Japanese company, has announced plans to raise up to ¥10.08 billion ($70 million) through a gratis allotment of stock acquisition rights to existing shareholders. The majority of funds raised will be used to purchase additional Bitcoin. JUST IN: 🇯🇵 Metaplanet announces to raise ¥10.08 billion to buy more #Bitcoin pic.twitter.com/HXBf7RNeMx — […]

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US private investors predict surge in crypto investments in 2024 — Report
cointelegraph.com

A survey by law firm Barnes & Thornburg found that 59% of US private investors are more likely to invest in crypto funds over the next 12 months.

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Starknet CEO Abruptly Resigns After Less Than 2 Years – What is Going On?
crypto-economy.com

TL;DR Diego Oliva, the first CEO of the Starknet Foundation, is stepping down after a year and a half in the role. James Strudwick, who joined the Foundation in January 2024, will assume the role of Executive Director. Under Oliva’s leadership, the Foundation made significant progress, including the implementation of several key projects and the […]

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Kiln Introduces DeFi Service for Enhanced Crypto Staking Rewards via Crypto.com
crypto-economy.com

TL;DR Kiln has launched a new service to simplify access to stablecoin staking, making it easier for users to earn additional yields from their digital assets. Crypto.com DeFi Wallet is the first integrator, allowing users to stake assets through DeFi protocols such as Aave, Morpho, and Compound directly from its interface. Stablecoins have a market […]

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Bitcoin’s Correlation With TradFi Markets is Increasing, What Does This Mean?
cryptopotato.com

The ongoing turmoil in the Japanese and United States stock markets has triggered heightened volatility in the crypto space. This highlights the interconnectedness of global markets and Bitcoin’s growing correlation with traditional finance (TradFi) markets. Analysts at the crypto exchange Bitfinex explained in the latest Alpha report that Bitcoin’s rising correlation with TradFi markets could […]

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zondacrypto Steps Up as Atalanta’s Sleeve Partner for Three Seasons
www.financemagnates.com

Atalanta BC has announced a new partnership with zondacrypto, a cryptocurrency exchange marketplace. As part of the agreement, zondacrypto will become the club’s Sleeve Partner. This means the zondacrypto logo will appear on the sleeve of the first team shirt. Three-Year Partnership Begins “Atalanta is a team and organisation that continues to amaze both domestically […]

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Binance CEO Says Crypto Not Entering ‘Long-Term Negative Trend’ Despite Sharp Market Correction
dailyhodl.com

The chief executive officer of the world’s largest crypto exchange says that crypto’s latest crash is likely to be short-lived. According to Binance CEO Richard Teng, outside forces are currently shaping the digital asset markets. “Recent sharp drops in crypto & equity prices are influenced by macroeconomic factors. We do NOT believe it’s indicative of […]

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Memecoins In Freefall, Analysts Reveal Best Way to Position Yourself in Volatile Times
cryptonews.com.au

Memecoins experienced significant losses, with POPCAT and WIF dropping over 41% and BOME 36%, while DOGE and SHIB saw smaller declines. Analysts advise against going all-in on memecoins, recommending close monitoring of coins showing strong post-crash recoveries. Predictions suggest no immediate US market meltdown; a moderate rate cut is expected in September despite ongoing market […]

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JupiterExchange To Burn 30% Of $JUP Team Tokens Following Overwhelming Vote
nulltx.com

JupiterExchange recently announced a major decision to burn 30% of its $JUP team tokens, following a successful proposal that saw 95% of votes in favor and a record high turnout of 274 million $JUP staked. BREAKING: @JupiterExchange's proposal to burn 30% of the $JUP team tokens has passed with 95% of votes in favor. (3 […]

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Ethereum (ETH) Price Plunges 60% amid $279M Whale Sell-Off – The Crypto Basic
www.google.com

On Monday, Aug 5, 2024, the cryptocurrency markets experienced a historic downturn attributed to several bearish catalysts. The downtrend first …

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Aave Protocol Unfazed By Market Jitters, Surges 21%
www.newsbtc.com

Crypto lending protocol Aave restarts its bullishness as the market resets. AAVE, the namesake token of the platform, surged to nearly 20% in the past 24 hours, capturing the momentum of the broader market which is still up by over 5% since yesterday.  Aave’s recent developments also contributed to this rally. However, the broader crypto-finance […]

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Crypto Gaming Showdown: Why Lovely Legends is Set to Outshine Hamster Kombat
news.bitcoin.com

PRESS RELEASE. The cryptocurrency gaming sector is witnessing an intense rivalry between two notable titles: Hamster Kombat and Lovely Legends. As the competitive landscape evolves, industry experts are increasingly recognising Lovely Legends as the more promising and innovative contender for both gaming enthusiasts and cryptocurrency investors. Unprecedented Airdrop Initiative In an unparalleled move, Lovely Legends […]

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Nasdaq asks to list options on spot Ethereum ETFs — Filing
cointelegraph.com

Exchanges are still waiting on permission to list options on spot Bitcoin ETFs, too.

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BTC, ETH and XRP Prediction for August 5
u.today

Can traders expect local growth of Bitcoin (BTC), Ethereum (ETH) and XRP soon?

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Opportunities For Bitcoin Remittance in West Africa
bitcoinmagazine.com

Africa stands at the cusp of a financial revolution as Ecowas region financial ministers and central bank governors advanced plans to launch the single currency initiative, known as the ECO. The Economic Community of West African States (ECOWAS) promises to reshape the economic landscape of 15 nations with the introduction of ECO. Amidst the buzz […]

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