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Following the Crypto Downturn, Market Observers Predict a 2020-Style Comeback

5.8.2024
Over the past 24 hours, as market values have declined significantly, many observers have begun discussing the current crypto market cycle and the potential for digital currency prices to recover. Data indicates that hundreds of billions of dollars have exited the crypto economy, but some believe...

Biden Adviser Sperling Moves to Kamala Harris Campaign Amid Crypto Focus

5.8.2024
President Joe Biden’s economic advisor, Gene Sperling, will leave the White House today. This change occurs at a time when…

Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account

5.8.2024
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means we are allowed to offer our banking services...

Final 24 Hours of 99Bitcoins Token’s Presale Underway as Crypto Education Giant Raises $2.6M

5.8.2024
99Bitcoins is making its move into tokens – but time is running out. They’ve already pulled in over $2.6 million through the presale for their new 99Bitcoins Token (99BTC). And with a Learn-to-Earn model set to debut, things could be about to get even better. 99Bitcoins Token’s...

‘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...

Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren's Headwinds

5.8.2024
A deluge of crypto-industry money may have helped achieve a very narrow Arizona congressional primary win this week for Yassamin Ansari, a crypto-cheering Phoenix City Council member who faced a candidate backed by Sen. Elizabeth Warren (D-Mass.)

Bitcoin ETF trading volume tops $1B amid crypto crash — Galaxy

5.8.2024
Galaxy’s head of research expects the funds to see inflows as investors buy the dip

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...

Unleash the Ultimate Crypto Gaming Experience at Gamdom Casino: Win Big and Play Safe

5.8.2024
Enter the world of Gamdom Casino, where exceptional gaming meets cutting-edge cryptocurrency transactions. As a renowned online gaming platform, Gamdom offers an unparalleled experience, combining a vast game selection with innovative payment options. Unmatched Gaming Experience With an extensive...

Australia Flags Over 2,000 Compromised Crypto Wallets

5.8.2024
More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The Australian Federal Police is reportedly investigating Australian losses identified in “Operation Spincaster” and gathering...

Ethereum tanks 21% amid Jump Crypto Sell-Offs

5.8.2024
The global stock markets had a huge impact on the crypto industry, with Ethereum suffering the brunt of…

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...