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Binance CEO Richard Teng Urges Crypto Fans to Build Despite Market Decline
5.8.2024
Binance CEO Richard Teng remains hopeful that the cryptocurrency market will turn around following the recent crash. Teng…
MicroStrategy’s Michael Saylor HODL Tweet Amid Bitcoin Crash
5.8.2024
MicroStrategy’s Michael Saylor shared his opinion in a recent tweet as Bitcoin and crypto markets witnessed one of…
Bitcoin analyst sees seller 'exhaustion' as BTC price rebounds 10%
5.8.2024
Bitcoin sellers run out of steam and BTC price strength returns at the Wall Street open as US stocks initially avoid copying the fate of their Asian counterparts
Crypto-Related Stocks Slide Amid Global Market Turmoil
5.8.2024
U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and 4.5%. This market turmoil has extended...
Bitcoin ETF trading volume tops $1B amid crypto crash — Galaxy
5.8.2024
Galaxy’s head of research expects the funds to see inflows as investors buy the dip
Double-Digit Crypto Losses Sweep the Market—Over 60 Coins in Freefall
5.8.2024
Presently, the cryptocurrency market is experiencing a significant downturn, with bitcoin dropping 24% this week and ethereum shedding 30% against the U.S. dollar. While these losses are notable, some digital currencies have fared even worse, with only a handful managing to buck the trend. Dozens...
Unleash the Ultimate Crypto Gaming Experience at Gamdom Casino: Win Big and Play Safe
5.8.2024
Enter the world of Gamdom Casino, where exceptional gaming meets cutting-edge cryptocurrency transactions. As a renowned online gaming platform, Gamdom offers an unparalleled experience, combining a vast game selection with innovative payment options. Unmatched Gaming Experience With an extensive...
Robinhood says its 24-hour trading ‘currently operating’
5.8.2024
Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule
Australia Flags Over 2,000 Compromised Crypto Wallets
5.8.2024
More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The Australian Federal Police is reportedly investigating Australian losses identified in “Operation Spincaster” and gathering...
Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
5.8.2024
As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately $403.82 million came from BTC positions, while $364.98 million resulted from ETH positions being liquidated. Mass...
Bitcoin price downside may last 2 months — Analysis
5.8.2024
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout
Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
5.8.2024
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching...
Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK
5.8.2024
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts
First Mover Americas: Bitcoin Crashes to $50K as 'Perfect Storm' Hits Crypto Market
5.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto products shed $528M amid recession fears — CoinShares
5.8.2024
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000
Over $1B wiped out in crypto liquidations as global markets suffer
5.8.2024
Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations
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...