Search
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…
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
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 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
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 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
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...
$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
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...
ZKX Shutdown: Amber Group Slams the Protocol’s Lack of Transparency
4.8.2024
Amber Group has criticized ZKX protocol’s abrupt decision to cease operations, stating that it sets a concerning precedent. Hashkey Capital, another market participant, has also expressed dissatisfaction with ZKX’s lack of transparency and accountability. ZKX founder Eduard Jubany Tur identified...
Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes
4.8.2024
The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5% against the U.S. dollar, and it has dropped 13% over the week. Bitcoin Slides Below $59K At 1:24 p.m. EDT on Sunday, bitcoin...
Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move
4.8.2024
In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month...
Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review
4.8.2024
The U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking concerns about a potential recession. Meanwhile, Coinbase reported $1.4 billion in Q2 revenue, highlighting growth and regulatory progress in the crypto...
Amber Group calls for transparency after ZKX shutdown
4.8.2024
The ZKX team’s shutdown serves as a reminder of the critical role that transparency and accountability play in the success and stability of cryptocurrency projects
Robert Kiyosaki Declares Market Crash Has Arrived — ‘Losses Are Substantial’
4.8.2024
Rich Dad Poor Dad author Robert Kiyosaki has declared that the stock market crash has arrived and “losses are substantial.” He stressed that the crash presents a lucrative opportunity for investors to buy assets at lower prices. Kiyosaki advised people to consider this downturn as...
Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days
3.8.2024
On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $54.27 million in outflows, a stark contrast to Thursday’s net inflow of $26.7 million, as indicated by recent data. Meanwhile, Grayscale’s Ethereum Trust (ETHE) has seen a reduction of over $2 billion in ethereum since...
QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes
3.8.2024
QCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This shift comes amid an influx of bitcoin supply and worsening macroeconomic conditions. QCP Analysts Highlight Market Correction Driven by Bitcoin Supply Surge and Bearish...
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...
Sen Lummis bill gains swift support with 2,200 letters sent
3.8.2024
A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking
Grayscale ETHE outflows continue as Ethereum ETF shows mixed trends
3.8.2024
Factors such as market performance, management strategies, and broader economic conditions could influence the significant outflows from Grayscale’s ETHE