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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...
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
Bitcoin Price Crash to $50K Dashes Carry Traders' Hopes
5.8.2024
Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets
Bitcoin dips below $50K: Crypto market crashes 17%
5.8.2024
BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion
Bitcoin Continues to Bleed, Falls Below $50K
5.8.2024
Ether prices also fell to $2.2K
Crypto Futures Record $1B in Liquidations as Bitcoin Nosedives, Ether Records Biggest Fall Since 2021
5.8.2024
A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom
Bitcoin dominance hits 58% amid altcoin, stock market bloodbath
5.8.2024
Bitcoin dominance has notched a new yearly high amid a brutal Ethereum-led sell-off
Pan-African Tech Firm Cassava Technologies Launches AI Unit
5.8.2024
Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and renewable energy services. Helping Clients Adopt...
Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
5.8.2024
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects...
6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
5.8.2024
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...
Bitcoin crashes below $53K wiping out $600M in leveraged longs
5.8.2024
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply
South African Crypto Asset Marketplace Initiates $1.64 Million Capital Raise
5.8.2024
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...
Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets
5.8.2024
Japan's Nikkei fell more than another 6% early Monday, bringing that index's three-day decline to about 15%
$300B plunge: Largest 3-day wipeout for crypto in a year
5.8.2024
The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble in the equities market
New Senate Bill Empowers US Secret Service to Combat Digital Asset Cybercrimes
5.8.2024
U.S. senators have introduced legislation to empower the Secret Service to combat cybercrimes involving digital assets. This legislation addresses the growing use of cryptocurrencies for illicit activities and mandates the Government Accountability Office to evaluate law enforcement’s...
Peter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’
5.8.2024
Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He believes that bitcoin has been in a major bear...
An Analysis of Solana’s Celebrity Memecoin Invasion
5.8.2024
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Ollie of Blocmates delves into the rise of Solana celebrity memecoins. With memecoins being...