Bitcoin Plunges Under $59K as Crypto Bulls See $230M Liquidations
Solana’s SOL and dogecoin (DOGE) lead losses among major tokens, with the CoinDesk 20 index down 4.8%.
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Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi…
Solana Eases Gains: Can SOL Bulls Safeguard the $132 Support?
Solana started a fresh decline from the $155 resistance. SOL price is down over 10%, but the bulls are now protecting the $132 support. SOL price started a strong decline from the $155 resistance against the US Dollar. The price is now trading…
Bitcoin Price Crash Is Buy Opportunity As Wallets Holding 10+ BTC Reaches New ATH
Bitcoin continues to be incredibly bearish amid negative market headwinds but that has not stopped investors from taking their positions during this time. These large investors who are holding more than $600,000 worth of Bitcoin have been…
Bitcoin Core devs set up new policy aimed at handling ‘critical bugs’
Bitcoin Core developer Antoine Poinsot said there is a dangerous perception that Bitcoin Core is free of bugs, noting it is “dangerous and, unfortunately, not accurate.”
Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty
A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto…
XRP Price Ready for Bullish Spike: Fading Bearish Momentum and Solid Support
XRP price extended losses and tested the $0.4440 support zone. The price is correcting losses sharply and might soon retest the $0.4720 resistance. XRP price is correcting losses from the $0.4440 support zone. The price is now trading below $0.4650…
Ethereum Set to Eclipse Bitcoin: ETFs Could Catapult ETH to New Heights — K33 Research
As the global financial markets prepare to launch U.S.-based spot Ethereum exchange-traded funds (ETFs), Ethereum is positioned to potentially outperform Bitcoin, according to a new analysis by K33 Research. This comes amid concerns that Bitcoin…
Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business
Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market. According to local sources, the company has already tokenized almost $1 million in commercial notes using…
Ethereum Price Plummets: Potential Recovery Hindered by Bearish Pressure
Ethereum price failed to clear the $3,520 zone and started a fresh decline. ETH dived below the $3,250 support and even tested the $3,150 zone. Ethereum started a fresh decline below the $3,320 and $3,250 levels. The price is trading below $3,250…
Bitcoin falls below $58K on Coinbase, first time in 2 months
The price of Bitcoin briefly dropped to $57,874 amid a wider sell-off in the crypto market, while $54.9 million in Bitcoin long positions have been liquidated in the last 24 hours.
‘Buy the dip’ mentions on social platforms surge as Bitcoin stumbles
Mentions of “buy the dip” on Reddit, X, 4chan and Bitcoin Talk doubled over the last two days as Bitcoin fell to lows unseen for months.
200 Million XRP Tokens On The Move, Where Are They Headed?
On-chain transaction data shows the XRP ecosystem recently witnessed an enormous movement of 200 million XRP tokens worth $94.5 million ahead of the periodic unlock from escrow. This transaction was recorded on-chain on June 30 between two unknown…
Kamala Harris memecoin surges 250% amid calls for Biden to bow out
A Joe Biden-themed memecoin tanked nearly 75% since his debate against Donald Trump on June 27, while his potential replacement’s memecoin has surged.
Bitcoin Price Takes a 5% Hit: Can Bulls Save The Week?
Bitcoin price failed to start a fresh increase above the $62,850 resistance zone. BTC started another decline and tumbled 5% to test $58,000. Bitcoin started a fresh decline and traded below the $60,000 zone. The price is trading below $61,500 and…
CFTC Wins Case Against Crypto Fund Operators
The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court…
When Do Secondary Token Sales Violate Howey?
A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB.
Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?
Bitcoin is down at press time, wiping the weekend’s gains and inching closer to $60,000. If bears press on, increasing their shorts, the odds of the coin sliding below the psychological number and $56,800 remain high. Glassnode: STHs Are In…
DWF Labs launches $20M fund for Web3 projects in China
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.
Dogwifhat on Vegas Sphere team ‘90% confident’ plan will go ahead
One of the organizers behind the crowdfunding initiative says discussions with the Las Vegas Sphere are progressing and is confident the plan will eventually go ahead.
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira…
EU–US Financial Forum Highlights Cooperation on Crypto Regulation
The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the…
Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead
Bitcoin (BTC) has recently struggled to regain bullish momentum, remaining in a consolidation phase just above the crucial $60,000 support. Despite reaching an all-time high three months ago, the largest cryptocurrency witnessed a dip to as low as…
Bitcoin miner Riot Platforms hash rate booms 50% in June
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s.
IMF Advises US to Keep Interest Rates Steady Through Late 2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest…
British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When
British mega bank Standard Chartered has made a bullish prediction for Bitcoin (BTC), the world’s largest cryptocurrency. The multinational bank has projected that Bitcoin will surge as high as $100,000 from its current price of above $60,000…
From Louisiana to New Hampshire, crypto advocates are winning
It might come as a surprise if you only follow Congress, but a raft of state measures have shown legislators moving in the right direction on crypto.
Binance US Confident in Legal Battle Against SEC as Case Moves Forward
Basel Committee finalizes crypto exposure rules for banks
The committee is unveiling the standards later in July, culminating a yearslong process.
Bitcoin trades in ‘enthusiastic’ phase as data hints at upcoming range expansion
Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing.