Bitcoin needs $59.1K weekly close amid doubt over BTC price all-time high
Bitcoin bulls have their work cut out, and the weekly close is the first hurdle — the BTC price rebound must flip $59,000 to support.
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$0 Flows: BlackRock Unshaken Despite Recent Bitcoin Market Crash, Data Shows
Bitcoin and the broader crypto market faced a notable price plunge on Monday, with the global crypto market cap losing $100 billion in valuation and total liquidations surpassing $1 billion. Interestingly, despite this so-called ‘Red…
Cumberland buys the dip? Trading firm deposits $95M to exchanges
Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023.
Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K
According to a blockchain data tracking service, Jump Trading has moved large amounts of ether to an address previously used to deposit coins to centralized exchanges.
Metaplanet Announces $70 Million Stock Rights Offering to Further Boost Bitcoin Investments
Metaplanet, a Japanese firm, has announced a $70 million stock rights offering aimed at significantly boosting its Bitcoin investments. With $58.76 million of the raised funds earmarked for bitcoin, this strategic move is part of Metaplanet’s…
Coinbase’s Paul Grewal Says Crypto Should Remain Non-Partisan
Technology should transcend the political divide, Coinbase’s Chief Legal Officer says.
CoinShares Netted $513.1M Profit in Q2
CoinShares' total assets under management almost doubled from $2.7billion to $5.3 billion.
Standard Chartered Subsidiary Bank Launches Bitcoin ETFs Trading
Mox, a virtual bank subsidiary of Standard Chartered, has introduced Bitcoin and crypto exchange-traded fund (ETF) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and crypto-related investment…
Vitalik Buterin Sees ‘Light at the End of the Tunnel’ for Ethereum Block-Building Research
Ethereum co-founder Vitalik Buterin recently shared an update on social media, summarizing the latest research on Ethereum block-building as of August 7, 2024. Buterin highlighted a consensus among researchers that having multiple actors contribute…
Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%
Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.5 million being stolen, according to blockchain security firm Cyvers.
DeFi protocol Nexera hacked for $1.5M via smart contract exploit
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token.
Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish
Solana (SOL) is leading the crypto market recovery following the massive Monday crash. SOL registered some of the largest gains after reclaiming the $140 support zone on Tuesday morning. Its strength was highlighted by several market watchers, who…
Stripe Partners With Bitstamp to Make Crypto Buying Easier for European Users
The widget won't be available to customers in the U.K.
California county to regulate Bitcoin ATMs backed by state laws
Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency.
SEC Challenges Coinbase’s Extensive Discovery Requests
Solana-Based Memecoins Surge as SOL Jumps 38% From Monday's Lows
Network-based memecoins rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.
Unizen hacker transfers $2.1M stolen funds to Tornado Cash
The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns.
Bitcoin ‘ghost month’ started with a 20% BTC price flash crash — What’s next?
Bitcoin prices have seen flash crashes during each ghost month since 2017, and 2024 appears to be no different.
KIP Protocol’s $10m DAO Proposal Approved to Transform Education for 250 Million Students Globally
PRESS RELEASE. Singapore, 7 August 2024 – KIP Protocol, the Web3 base layer for AI, announces the unanimous approval of its OCP-12 DAO proposal. This landmark decision allocates $10 million to KIP Protocol to reshape education through AI and…
Analyst Predicts Bitcoin Could Plunge Back To $51,000 On Wedge Pattern Breakdown
Bitcoin may be experiencing a price recovery towards the $57,000 level after a sharp 20% drop on Monday that sent the largest cryptocurrency on the market to a low of $49,000 not seen since February. Still, BTC is not out of the woods yet, as a…
Web3 ecosystem thrives as AI DApps capture 28% market share
AI-based DApps have not only overtaken gaming but also set the stage for future innovations in the decentralized application space.
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national currencies without changing economic management practices. People often lose confidence in a…
Is Bitcoin In A Bear Market Now? Here’s What On-Chain Data Suggests
Bitcoin has gone through a major crash recently, but has the asset yet breached the historical bear market boundary? Here’s what on-chain data says. Bitcoin Is Currently Under Realized Price Of New Whales In a new post on X, CryptoQuant…
Bitcoin needs ‘low $40,000s’ for best bull market entry — 10x Research
A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point.
Hong Kong virtual bank Mox Bank launches crypto ETF trading
The Standard Chartered subsidiary says it's the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers.
Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.
Surge in Bitcoin Scams Hits Lubbock, Police Warn
Lubbock police in Texas have reported a notable increase in bitcoin-related scams, with victims losing significant amounts of money. Over the last few months, 20 to 30 individuals have come forward to report scams involving gift cards and bitcoin…
Solana Price (SOL) Gains Traction: Poised for Further Increase?
Solana started a decent upward move from the $110 zone. SOL price is rising and might increase further above the $155 resistance zone. SOL price started a recovery wave above the $135 and $140 levels against the US Dollar. The price is now trading…
Is Bitcoin Really Safe? New Insights from ‘Black Swan’ Author on Recent Crash
Bitcoin has led a global crypto market downturn in the past few days, with the asset down to as low as $49,751 on August 5. This significant plunge from Bitcoin has been attributed by many to the downturn in the Japanese markets. The Trigger in…