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.

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 […]

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 […]

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

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 […]

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 […]

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 […]

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 […]

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

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 […]

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 […]

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.

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 […]

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

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 […]

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 […]

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

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 […]

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 […]

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 […]

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

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

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 […]

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 […]

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

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 […]

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 – […]

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 […]

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

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 […]

The second-largest cryptocurrency is getting absolutely annihilated

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 […]