Ethereum Falls Below $2,500: Analysts Eye Potential Rebound At These Levels
www.newsbtc.com

Amid Ethereum’s continuous free fall in price, renowned crypto analyst Michael Van De Poppe highlighted the asset’s current weakness in a post on X earlier today and when there could be a potential rebound. Van De Poppe’s outlook comes at a time when Ethereum, the second-largest cryptocurrency by market capitalization, has continued to experience significant downward pressure, […]

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Oasys partners with financial giant to boost Web3 gaming in Japan
cointelegraph.com

The partnership strengthens SBI’s position in the Web3 gaming sector while enhancing Oasys’ token liquidity.

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Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions
news.bitcoin.com

The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong’s tokenization market. Testing Tokenized […]

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200 Million XRP out into Unknown as Bulls Defend XRP Price
u.today

XRP price shows ultimate strength amid crypto bloodbath, thanks to bulls

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Ancient Bitcoin Address Awakens After Lying Low Since 2011, Moves $4,142,580 in BTC at 6,426,507% Profit
dailyhodl.com

An ancient Bitcoin address moved 64.59 BTC over the weekend after sitting on it for more than 13.5 years. The unknown wallet first received the Bitcoin in February 2011, when the top crypto asset was priced at $0.998 per BTC – meaning the entire trove was worth only $64.46 at the time. The crypto tracker […]

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Polymarket Bettors Lose $270K as Telegram CEO’s Quick Release Shocks Everyone
crypto-economy.com

TL;DR Pavel Durov early release: The Telegram CEO was released on bail on August 28, earlier than expected by punters. Significant loss for stakers: The early release resulted in a loss of $270,000 for stakers on Polymarket. Bet on release: A $100,621 bet shows a 100% probability for release before October, but with a 40% […]

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$1M Gone in an Hour! Trader Falls Victim to Fake Mbappé Token After X Account Hack
crypto-economy.com

TL;DR Kylian Mbappé’s Twitter account was hacked on August 29 to promote a fraudulent cryptocurrency token called MBAPPE. The value of the MBAPPE token soared to $460 million before plummeting to less than $100,000, causing huge losses to investors. One trader lost over $1 million in a single transaction by purchasing the fraudulent token, while […]

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Miles Deutscher Discusses Retail Investor Absence and Altcoins with 10-20X Potential
cryptonews.com.au

Miles Deutscher forecasts potential 10-20X returns on select altcoins, stressing the significance of Bitcoin reaching new highs to rejuvenate widespread crypto interest. Deutscher highlights the challenge of restoring fundamental belief in crypto, attributing past investment enthusiasm to pandemic circumstances and recent scandals. He notes a shift among retail investors toward memecoins, despite genuine developments in […]

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1 Top <b>Cryptocurrency</b> to Buy Before It Soars 16000%, According to Robert Kiyosaki
www.google.com

Bitcoin could be worth $10 million each one day. But be careful what you wish for.

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Jack Dorsey-Backed Nostr Emerges as Bitcoin's Social Layer at Riga Conference
bitcoinmagazine.com

The third edition of NostrWorld’s unconference series took place last week in the picturesque city of Riga, Latvia, bringing together advocates and developers of the Nostr protocol. Spearheaded by Block CEO and Twitter co-founder Jack Dorsey, NostrWorld’s free gatherings are a platform for open-source enthusiasts to exchange ideas, foster collaboration, and ignite initiatives aimed at […]

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The Entire Crypto Bull Run Hinges On These Factors: Analyst
www.newsbtc.com

In a thread shared with his 538,000 followers on X, crypto analyst Miles Deutscher highlights the vital importance of retail investors to the sustainability of the crypto bull market. To understand the possible return of the crypto bull run, Deutscher believes it is essential to understand what has happened in recent years. Deutscher recalls the […]

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NFTs can be securities but SEC Wells notice to OpenSea ‘not productive’ — Lawyer
cointelegraph.com

Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.”

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Latest Crypto Price Updates: Bitcoin and SUI Lose Momentum, BlockDAG Charges Ahead to $1
nulltx.com

As Bitcoin dips beneath the $59K mark and SUI grapples with reaching $1, tensions ripple through the crypto sphere. Investors watch anxiously as Bitcoin’s stability wanes and SUI’s vigor diminishes. Amid these fluctuations, BlockDAG emerges as a beacon of potential, amassing an impressive $68.5 million with aspirations of reaching $1 per BDAG coin. The atmosphere […]

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Bitcoin Price Analysis: A Plunge to $56K Is Possible if BTC Fails to Overcome This Resistance
cryptopotato.com

Bitcoin’s price has yet to recover from the recent drop, consolidating without a clear indication of its future direction. However, there are some signs that it could drop further if it’s unable to overcome $60,000 soon. Recall that the largest digital asset slumped hard on Tuesday, dropping from over $63,000 to $58,000, before recovering slightly […]

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Navigating the Web3 Gaming Frontier: Insights From Ilya Abugov of Sanctor Capital
news.bitcoin.com

Sanctor Capital is a sanctuary where bright minds can find the support they need to maximize their impact on the industry. They have a long successful track record of guiding early-stage projects to Web3 market success. Ilya Abugov is a Partner at Sanctor Capital, a blockchain investment firm. He recently joined the Bitcoin.com News Podcast […]

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262,000 BTC Snapped up by Major Bitcoin Holders in Accumulation Drive
u.today

This surge in accumulation has brought their total holdings to impressive 14.82 million Bitcoin

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SEC Charges Brothers for Fake Crypto Trading Bot That Led to Misappropriation of About $54,000,000
dailyhodl.com

The U.S. Securities and Exchange Commission (SEC) charged two brothers with allegedly operating a $61.5 million Ponzi scheme that relied on promoting a fake crypto trading bot. The SEC accuses Jonathan Adam and his brother Tanner Adam of luring in more than 80 investors across the country by promising 13.5% monthly returns via a crypto […]

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Ava Labs President John Wu ‘Very Positive’ on Ethereum ETFs – Here’s Why
dailyhodl.com

The president of Ava Labs, the team behind layer-1 blockchain Avalanche (AVAX), says that he’s optimistic about Ethereum (ETH)-based exchange-traded funds (ETFs). In a new interview with Bloomberg Television, Ava Labs president John Wu says that over time, Ethereum ETFs will find success due to the competitive nature of the decentralized finance (DeFi) sector. “I […]

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Merkle Trade Launches Token Generation Event: Promises Huge Rewards with MKL and Genesis Staking
crypto-economy.com

TL;DR Merkle Trade launches its Token Generation Event (TGE) with dual rewards through Genesis Staking and Liquidity Bootstrapping Auction (LBA). Genesis Staking, with over 3 million preMKL tokens committed, offers rewards in USDC and access to a special reward pool. The 7-day Liquidity Bootstrapping Auction (LBA) allows users to set the price of the MKL […]

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More Than $100 Million BTC Long Positions Liquidated, Analysts Reveal What’s Next
cryptonews.com.au

Almost 70K traders were liquidated recently, losing a total of US$166 million due to a significant drop in major cryptocurrencies. Market sentiment has shifted to mostly bearish for Ethereum, Dogecoin, and major stablecoins, with Bitcoin maintaining a mostly neutral stance. Analyst Michaël van de Poppe predicts further short-term declines for Bitcoin, potentially influenced by external […]

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1 Top <b>Cryptocurrency</b> to Buy Before It Soars 16,000%, According to Robert Kiyosaki
www.google.com

Another factor is the fact that Bitcoin is a completely decentralized cryptocurrency, meaning that no sovereign government or central bank controls it …

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Proton Wallet Review: A Bitcoin Software Wallet That Simplifies Transactions
bitcoinmagazine.com

Proton, the Swiss company behind ProtonMail and ProtonVPN, has released a beta version of the newest offering in its suite of products that help to preserve online privacy — Proton Wallet. The wallet is great for those looking to send bitcoin on-chain with relative ease, but it leaves some to be desired for more advanced […]

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Crypto Crash: $320 Million Wiped Out As Bitcoin And Ethereum Nosedive
www.newsbtc.com

After touching recent highs of $64,653 for Bitcoin and $2,815 for Ethereum, in a sudden move backward, the cryptocurrency market had sharply backpedaled on Thursday, with Bitcoin shedding more than 6% and Ethereum dropping more than 7%. This sudden fall has left many analysts and investors wondering about the future course of some of the […]

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California lawmakers push through controversial AI bill opposed by OpenAI
cointelegraph.com

California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.

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Crypto Exchange Abra Settles With SEC Over Unregistered Securities Allegations
dailyhodl.com

The crypto exchange Abra has settled with the U.S. Securities and Exchange Commission (SEC) for a yet-to-be-determined amount over charges stemming from alleged unregistered investment offerings. The SEC specifically accused Abra’s parent company, Plutus Lending LLC, of failing to register its retail crypto asset lending product, Abra Earn. Abra settled the SEC’s charges without admitting […]

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$38 Billion in Ethereum (ETH) in 24 Hours, What's Happening?
u.today

Crypto community seeing intense trading activity for Ethereum amid recent crash

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BDAG and BVB Team Up; MATIC Soars, FLOKI Rises
nulltx.com

BlockDAG Signs $10M – 3 Year Deal with Borussia Dortmund; MATIC Eyes Bullish Trend as FLOKI Breaks Resistance The buzz is all about Polygon’s (MATIC) anticipated rally, with signs pointing to growth and a rising market interest. Simultaneously, Floki’s (FLOKI) value ascends steadily, having overcome major resistance levels, suggesting more increases are on the horizon. […]

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Dormant Bitcoin Wallet Reawakens After 11 Years With Unrealized ROI of Over 42,000%
cryptopotato.com

A long-dormant Bitcoin (BTC) address has been reactivated after more than 11 years of inactivity. The wallet, which holds 100 BTC, was brought back to life on August 29, according to blockchain tracking service Whale Alert. Worth a mere $14,202 when the address was last used in 2013, the crypto stash has jumped by more […]

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Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
news.bitcoin.com

On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s Difficulty Jumps as Earnings Dwindle Bitcoin’s difficulty ticked up […]

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MakerDAO Co-Founder Says Stablecoin Rebrand Will Have Freeze Function, But DAI Will Continue As Normal
dailyhodl.com

The co-founder of decentralized finance (DeFi) platform Maker (MKR) says that the rebrand of its stablecoin will have a freeze function but that DAI will continue to operate normally. In a new thread on the social media platform X, MakerDAO creator Rune Christensen says that DAI itself will not feature a freeze function – or […]

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Large Crypto Traders Now Seeking Higher Returns Amid Signs of Capital Rotation to Altcoins, Says Santiment
dailyhodl.com

Large Bitcoin (BTC) traders may be suddenly rotating capital into altcoins in pursuit of greater returns, according to analytics firm Santiment. Santiment says on the social media platform X that Bitcoin is seeing a significant decline in open interest while top altcoins like Ethereum (ETH) and Solana (SOL) are not. Open interest is the total […]

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Bitfarms Takes Control of U.S. Mega-Mining Site: 120 MW Capacity Unlocked
crypto-economy.com

TL;DR Bitfarms expands in the U.S.: Bitfarms Ltd. takes control of a new data center in Sharon, Pennsylvania, marking its first large-scale site in the U.S. with up to 120 MW of power capacity. Strategic benefits: The Sharon site, located in the largest U.S. wholesale electricity market, offers competitively priced power, ideal for Bitcoin mining […]

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