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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...
Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
5.8.2024
Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy; Fed will cut rates fast and hard in September, say bettors
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...
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
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...
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 Stocks Slump as Bitcoin, Ether Tumble
5.8.2024
Coinbase, MicroStrategy and miners fell as equity markets declined worldwide
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
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 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
Ether Slides 20% as Trading Firm Moves $46M in ETH
5.8.2024
A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain
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%
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...
Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?
4.8.2024
Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE
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...
Bitcoin Plunges Under $60K; Crypto Bulls Lose $200M as Dogecoin, Solana Tokens Drop 10%
4.8.2024
Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend
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...
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...