CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline
The CoinDesk 20 experienced a major downturn over the weekend with NEAR and LINK among the hardest hit.
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Chainlink: Market Panic Shaves 23% Off LINK Price – Details
Chainlink suffers losses as the token continues to follow the broader market wave of bearish pressure. According to Coingecko, the token is down 23% in the past 24 hours, representing a significant wipe in value after the price stabilized in the…
Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
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…
Solana (SOL) Whales Split Their Current Bag With Mpeppe (MPEPE)
Recently, a noteworthy trend has emerged: whales are diversifying their portfolios by allocating a portion of their assets into Mpeppe (MPEPE). This strategic move highlights the growing excitement around Mpeppe (MPEPE) and its potential to…
Shiba Inu (SHIB) Army Invests Heavily in Mpeppe (MPEPE) Token
In a striking move that has captured the attention of the cryptocurrency community, the Shiba Inu (SHIB) army has recently made significant investments in the Mpeppe (MPEPE) token. This surge of support from one of the most influential communities…
Ethereum ETFs Struggles To Have a Positive Impact On Price, Whilst Investors Purchase Now Crypto at $0.00107
The recent performance of Ethereum (ETH) and the emergence of new tokens like Mpeppe (MPEPE) are capturing the attention of investors. While Ethereum (ETH) ETFs have yet to produce the anticipated boost in price, Mpeppe (MPEPE) is gaining traction…
Solana (SOL) ETF Is Getting Closer and Closer, Mpeppe (MPEPE) Presale Is Closing in on Stage 3
As the financial world buzzes with the imminent arrival of a Solana (SOL) ETF, the cryptocurrency market is also abuzz with another exciting development: the presale of Mpeppe (MPEPE) is rapidly advancing toward Stage 3. This convergence of major…
Mpeppe (MPEPE) Skyrockets After Shiba Inu (SHIB) Community Endorsement
Recently, Mpeppe (MPEPE) has experienced a significant surge in value, largely due to a pivotal endorsement from the Shiba Inu (SHIB) community. This article explores the factors behind Mpeppe (MPEPE)’s dramatic rise, the role of Shiba Inu (SHIB)’s…
Trump and the Future of Bitcoin
If you weren’t there in person, it would be hard to accurately describe how long and winding the line was to see Donald Trump speak at the Bitcoin conference. The wait to even pass through security and find a seat in the auditorium was hours long…
Bitcoin price downside may last 2 months — Analysis
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.
Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
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…
Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts.
First Mover Americas: Bitcoin Crashes to $50K as 'Perfect Storm' Hits Crypto Market
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.
Crypto market crash triggered by ‘aggressive’ selling by Jump Trading: Report
Jump Trading significantly contributed to the crypto market sell-off, and it could be looking to sell another $104 million worth of crypto.
Solana Plummets 17% As SOL Hits $118: Is a Break Below Inevitable?
Solana (SOL) is currently experiencing a significant decline, dropping over 17% and reaching the critical $118 support level. This sharp downturn has put considerable pressure on this key level, raising concerns among traders and investors about…
Crypto products shed $528M amid recession fears — CoinShares
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.
Over $1B wiped out in crypto liquidations as global markets suffer
Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations.
Whales prepare for next altcoin rally, DeFi is ‘waking up’ — Finance Redefined
Crypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs.
Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
Analysts warn of further Bitcoin downside — Could BTC revisit $42K?
Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark.
Bitcoin Miner Argo Blockchain Reports Steady Performance in July 2024
Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per day, consistent with June 2024. The company generated $3 million in mining revenue, with a mining margin…
MATIC: Market Nosedive Leads To 30% Wipe In Value
MATIC bulls fumbled the bag after the market panic that turned the correction phase into a nosedive. The latest market data shows MATIC took a beating with a 33% wipe in value since last week. Hostile market environment and macroeconomic fears…
Bitcoin on edge as economy falters: 10x Research report
Findings from a 10x Research report reveal a potential Bitcoin price drop below $50,000 amid US economic uncertainty, impacting the broader crypto market.
Justin Sun Denies Liquidation Rumors, Announces $1 Billion Fund to Combat FUD
In his latest social media posts, Tron Founder Justin Sun addressed rumors about the liquidation of their positions, firmly denying any truth to these claims. Sun emphasized that they rarely engage in leveraged trading strategies, as they do not…
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges
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
Coinbase, MicroStrategy and miners fell as equity markets declined worldwide.
Bitcoin Price Crashes To $49,000: Key Reasons Explained
Over the past 24 hours, the crypto market has witnessed a severe downturn, with Bitcoin’s price tumbling down 15% to a low of $49,000 on Binance (BTC/USDT), marking a significant departure from its $70,000 high last week—a 26% crash…
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind
Japan raised interest rates by 0.25% last week, leading to a strong Yen and a corresponding drop across risky assets including bitcoin.
Was Warren Buffett right? 5 Things to know in Bitcoin this week
Bitcoin sees a giant $20,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway’s Apple sale takes on new meaning as stocks dive worldwide.