Ether whale buys nearly $13M ETH, but ETH still needs to reclaim $2.7K for the next leg up
The last time this whale address bought the dip, was just before Ether rose from $2,100 to $3,100.
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Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating
American Binance executive Tigran Gambaryan, who is detained in Nigeria, is being "denied adequate access to his legal team and his health is deteriorating rapidly," his family said in an emailed statement.
Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot…
Why Bitcoin is still poised to break $74K before end of year
Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.
Legendary Fibonacci Extension Reveals When Bitcoin Will Reach $109,000
Crypto analyst CryptoCon has highlighted a technical indicator that has always accurately predicted each local high for Bitcoin in this bull run. Once again, this indicator has revealed the next local high for Bitcoin and when it will happen. When…
Tech giants losing momentum as AI progress disappoints investors
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.
Bitcoin miners record lowest daily revenue of 2024
Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.
XRP Bullish Options' Popularity Jump May Be Due to ETF Speculation, Observers Say
Traders have locked in over $2 million in XRP's $1.10 call option listed on Deribit, the highest across all available maturities.
Solana Rockets Up 23% As Developments Spark Investor Interest
Although the market dipped today, Solana has found its way to spark investor interest despite falling a few points in the past 24 hours. However, the token is still up nearly 22% in the past month, going against the market’s general bearishness…
More ‘extreme fear’ than FTX crash — 5 things to know in Bitcoin this week
Bitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway.
Bitcoin price drops below $59K as institutions stop buying stablecoins
The Bitcoin price last saw its local bottom before Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%.
Tether to Fight Celsius' $3.3 Billion 'Shakedown' Litigation
Tether, the company behind USDT, the world's largest stablecoin by market cap, said it will defend itself from "shakedown" litigation brought by bankrupt crypto lender Celsius on Friday.
Why Web3 gaming needs a Steam-like platform for growth
OKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3 technology.
SUI Leads Crypto Market With 78% Weekly Uptick: Here’s Why
Over the past seven days, Sui (SUI) has emerged as the standout performer in the crypto market, recording an massive 78% increase in its price. This surge positions SUI as the leader among the top 100 cryptocurrencies by market capitalization…
Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue
Layer-1 blockchain Canto has been offline since Saturday following a "consensus issue." The CANTO token initially dropped by 21% before recovering over the course of the weekend.
Fantom (FTM) Poised For Massive Bull Run, Analyst’s 234% Rally Prediction Raises Eyebrows
Canto chain targets fix amid 33-hour outage caused by consensus issue
The Canto blockchain has been down for over a day, and the team has scheduled an upgrade to fix the issue for Aug. 12.
Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.
Crypto startup funding grows to $2.7B in Q2 despite fall in total deals
Crypto infrastructure projects led the way in attracting venture capital with major infra projects raising a combined $685 million in new capital in Q2.
Ether ETF weekly flows turn positive for first time since launch
The newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5.
Ethereum median gas price hits 5-year low
The median price to send an Ethereum transaction hit 1.9 gwei over the weekend, with low-priority transactions priced even lower.
Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit
Solana Price (SOL) Slips to $140: Will This Level Support a Rebound?
Solana started a downside correction from the $162 resistance zone. SOL price is back to $140 and might attempt a fresh increase above $150. SOL price started a downside correction below the $155 and $150 levels the US Dollar. The price is now…
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
XRP Price Reaches Support: Will It Trigger a Turnaround?
XRP price started a downside correction from the $0.6480 resistance. The price is now testing the $0.550 support and might eye a fresh increase. XRP price started a downside correction below the $0.620 and $0.600 levels. The price is now trading…
Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules
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.
Ethereum Price Weakens: Can It Defend the $2,500 Level?
Ethereum price started a downside correction from the $2,700 zone. ETH is now consolidating and struggling to stay above the $2,500 support. Ethereum started a downside correction below the $2,650 and $2,620 levels. The price is trading below…
Zcash founder joins Shielded Labs, pushes for hybrid PoS upgrade
Zooko Wilcox is now the new head of product at Shielded Labs and wants to speed up the protocol's upgrade to a hybrid PoS consensus mechanism.
BitGo CEO argues WBTC security is unchanged amid concerns
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some.
Bitcoin Price Trims Gains: Is the Rally Losing Steam?
Bitcoin price started a downside correction from the $62,700 resistance zone. BTC is now consolidating near $58,500 and struggling to recover. Bitcoin started a decent downward move below the $61,500 and $60,000 levels. The price is trading below…