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Jump Trading’s Ether dump: Smart move or sign of trouble?

5.8.2024
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit

‘Yen Carry Trade’ Blamed for Global Market Rout, Jump Crypto’s ETH Sale Worsens Ether Plunge

5.8.2024
The narrowing Japanese “yen carry trade” has been blamed for the Aug. 5 global market downturn that sent stock markets and top cryptocurrencies like bitcoin and ethereum plunging by double-digit figures. Some experts cite the disappointing U.S. jobs data and Mt Gox-related selling...

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…

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...

Justin Sun Reportedly Buys 16,236 ETH Amidst Market Dip

5.8.2024
Tron founder Justin Sun has once again caught the attention of market watchers with a major Ethereum purchase.…

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...

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

Market makers sold over $300M Ether as ETH price crashed below $2,200

5.8.2024
Ether's price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers

CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline

5.8.2024
The CoinDesk 20 experienced a major downturn over the weekend with NEAR and LINK among the hardest hit

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...

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 market crash triggered by 'aggressive' selling by Jump Trading - report

5.8.2024
Jump Trading significantly contributed to the crypto market sell-off and it could be looking to sell another $104 million worth of wstETH

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...