Price analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADAThe S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.Aug 12, 2024Rakesh Upadhyay
Hamster Kombat turns down venture capital offersHamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development.Aug 12, 2024Vince Quill
Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp upThe Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth.Aug 12, 2024Alex O’Donnell
DEF buys patent to stop lawsuits against MakerDAO and CompoundThe patent for “oracle-like” data storage contained technology that was already in existence, DEF said.Aug 12, 2024Derek Andersen
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law DecodedRipple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.Aug 12, 2024Josh O'Sullivan
Super PAC focuses on unseating Sen. Warren, spends $850K on John DeatonThe Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate.Aug 12, 2024Turner Wright
Chance of Bitcoin price drop to $52K rises as derivatives show traders losing hopeWorsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.Aug 12, 2024Marcel Pechman
SEC charges Novatech, company founders, promoters with fraud Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets.Aug 12, 2024Vince Quill
Why is Bitcoin price volatile today?Bitcoin price opens the week with whipsaw price action ahead of a busy macroeconomic data week, and investors hope that the] US Federal Reserve will cut rates.Aug 12, 2024Nancy Lubale
US Democrats are ‘increasingly gravitating towards crypto’ — PollA poll of 804 self-identified Democrats suggested a majority favored some of the core values surrounding digital assets, as well as the US leading the world on innovation.Aug 12, 2024Turner Wright
Bitcoin price dip may retest $55K before next leg up Based on the upcoming Aug. 14 CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover.Aug 12, 2024Zoltan Vardai
Bitcoin miner Argo repays $35M Galaxy bailout loan The loan saved Argo from bankruptcy during the crypto winter of 2022.Aug 12, 2024Alex O’Donnell
Tigran Gambaryan’s health worsens, surgery now requiredGambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time.Aug 12, 2024Vince Quill
Euler announces 29 audit reports after $4M spent to shore up securitySome vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity.Aug 12, 2024Allen Scott
Lido community votes to bring stETH to BNB ChainLido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.Aug 12, 2024Vince Quill
Ripple vs. SEC: ‘Victory,’ or another chapter in the legal battle?Some lawyers question whether the latest court decision in the Ripple case should be regarded as a victory over the SEC.Aug 12, 2024Helen Partz
Whale continues $154M dumping spree with 5K ETH deposit to OKX Lookonchain wrote that the whale bought 1 million tokens during the Ethereum initial coin offering.Aug 12, 2024Ezra Reguerra
World’s largest Bitcoin miner announces $250M raise to buy more BitcoinThe new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company.Aug 12, 2024Zoltan Vardai
Whale buys nearly $13M of Ether, but price needs to reclaim $2.7K for next leg upThe last time this whale address bought the dip was just before Ether rose from $2,100 to $3,100.Aug 12, 2024Zoltan Vardai
Why Bitcoin is still poised to break $74K before end of yearBitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.Aug 12, 2024Yashu Gola
Tech giants losing momentum as AI progress disappoints investorsThe current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.Aug 12, 2024Zoltan Vardai
Bitcoin miners record lowest daily revenue of 2024Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.Aug 12, 2024Arijit Sarkar
More ‘extreme fear’ than FTX crash — 5 things to know in Bitcoin this weekBitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway.Aug 12, 2024William Suberg
Bitcoin price drops below $59K as institutions stop buying stablecoinsThe Bitcoin price last saw its local bottom before Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%.Aug 12, 2024Zoltan Vardai
Why Web3 gaming needs a Steam-like platform for growthOKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3 technology.Aug 12, 2024Ezra Reguerra
Canto chain targets fix amid 33-hour outage caused by consensus issueThe Canto blockchain has been down for over a day, and the team has scheduled an upgrade to fix the issue for Aug. 12.Aug 12, 2024Stephen Katte
Crypto startup funding grows to $2.7B in Q2 despite fall in total dealsCrypto infrastructure projects led the way in attracting venture capital, with major infrastructure projects raising a combined $685 million in new capital in Q2.Aug 12, 2024Tom Mitchelhill
Ether ETF weekly flows turn positive for first time since launchThe newly launched nine spot Ether ETFs had a positive overall net inflow of $105 million for the week beginning Aug. 5.Aug 12, 2024Martin Young
Ethereum median gas price hits 5-year lowThe median price to send an Ethereum transaction hit 1.9 gwei over the weekend, with low-priority transactions priced even lower.Aug 12, 2024Jesse Coghlan
Zcash founder joins Shielded Labs, pushes for hybrid PoS upgradeZooko 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.Aug 12, 2024Martin Young