Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
5.8.2024
Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq...
Bitcoin Reacts to Global Market Crash, BTC Blips Under $50k
5.8.2024
The end of last week brought some unfavorable circumstances. Now, Bitcoin is down, crypto markets are down, and…
Analysts warn of further Bitcoin downside - could BTC revisit $42k?
5.8.2024
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark
Bitcoin Miner Argo Blockchain Reports Steady Performance in July 2024
5.8.2024
Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per day, consistent with June 2024. The company generated $3 million in mining revenue, with a mining margin in the mid-20% range, slightly lower than...
Bitcoin on edge as economy falters: 10x report
5.8.2024
Findings from a 10x Research report reveal potential Bitcoin value drop below $50,000 amid US economic uncertainty, impacting the broader crypto market
Justin Sun Denies Liquidation Rumors, Announces $1 Billion Fund to Combat FUD
5.8.2024
In his latest social media posts, Tron Founder Justin Sun addressed rumors about the liquidation of their positions, firmly denying any truth to these claims. Sun emphasized that they rarely engage in leveraged trading strategies, as they do not see significant benefits for the industry. Instead...
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
5.8.2024
The founder of decentralized finance protocol Aave said the platform generated $6 million worth of revenue during Monday's crypto market sell-off
Crypto Stocks Slump as Bitcoin, Ether Tumble
5.8.2024
Coinbase, MicroStrategy and miners fell as equity markets declined worldwide
Daily Crypto Update: Bitcoin, Ethereum, and top assets fall significantly
5.8.2024
The crypto market has entered a correction phase, with the leading cryptos experiencing a loss of over 10%…
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind
5.8.2024
Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin
Was Warren Buffett right? 5 Things to know in Bitcoin this week
5.8.2024
Bitcoin sees a giant $30,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway's Apple sale takes on new meaning as stocks dive worldwide
Crypto hackers buy Ethereum dip using stolen funds
5.8.2024
Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount