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Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up
12.8.2024
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth
Chance of Bitcoin price drop to $52K rises as derivatives show traders losing hope
12.8.2024
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify
Possible Bitcoin price drop to $52K rises as BTC derivatives data shows traders losing hope
12.8.2024
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify
Ether ICO Whale Moves 5K ETH to Exchanges, Bringing Monthly Total to $154M
12.8.2024
The whale has deposited 48,500 ETH, worth over $154 million, to OKX at an average price of $3,176 in the past 35 days
Kamala Harris Pulls Well Ahead of Trump on Polymarket
12.8.2024
Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
12.8.2024
On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing...
Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels
12.8.2024
Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging...
First Mover Americas: BTC Slides Ahead of Busy Data Week
12.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 12 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
XRP Bullish Options' Popularity Jump May Be Due to ETF Speculation, Observers Say
12.8.2024
Traders have locked in over $2 million in XRP's $1.10 call option listed on Deribit, the highest across all available maturities
Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
12.8.2024
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
12.8.2024
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
12.8.2024
Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power
47 Companies Apply to Operate in Turkey Under New Crypto Regulations
12.8.2024
Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with...
Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade
11.8.2024
Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options. The upgrade also includes live game scoring...
Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT
11.8.2024
Bitcoin bulls are trying to flip $60,000 to support, and if that happens, ETH, SUI, TAO and NOT could move higher
Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands
11.8.2024
CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left thousands of Venezuelans without access to their savings...
Crypto.com Opposes Proposed US Ban on Prediction Markets and Event Contracts
11.8.2024
Crypto.com Senior Vice President Steve Humenik has joined Coinbase by voicing opposition to a proposed rule change by the Commodity Futures Trading Commission (CFTC) that could lead to the prohibition of prediction markets in the United States. In a letter to the CFTC, Humenik expressed concerns...
Gemini urges CFTC to withdraw proposed rule on event contracts
10.8.2024
Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match
Robinhood Reports 161% Surge in Q2 Crypto Revenue
10.8.2024
Robinhood Markets announced a record-breaking $682 million in revenue for the second quarter, highlighting a 161% rise in cryptocurrency revenue. Robinhood’s assets under custody also saw a 57% increase, driven by key acquisitions and the rising value of both equities and cryptocurrencies....
Grayscale Report: Liquidated Long Perpetual Positions Fueled ETH’s Black Monday Flash Crash
10.8.2024
Ethereum’s Aug. 4 decline could have been fueled by the liquidation of a portion of long positions in perpetual futures, the Grayscale report concluded. The crypto asset’s decline was epitomized by its over 7% drop in just three minutes on Aug. 4. Jump Crypto’s rumored...