The Bitcoin bottom is not in — BTC traders set price targets in low $40K rangeCrypto traders appear to agree that today’s market rout is far from over.Aug 5, 2024Nancy Lubale
Swan Bitcoin cancels conference amid staff reduction, mining shutdownAccording to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July.Aug 5, 2024Turner Wright
US government transfers 300 ETH — Arkham Intelligence The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.Aug 5, 2024Vince Quill
Crypto market’s ‘perfect storm’ can lead to further massive capitulationA rapid decline in the traditional markets has spread to cryptocurrencies, obliterating them with a significant drop in all major assets. What are the possible factors for this perfect storm?Aug 5, 2024Daniel Ramirez-Escudero
Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.Aug 5, 2024Alex O’Donnell
Ethereum price recovery from 8-month low could take longer than expected — Analysts Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.Aug 5, 2024Nancy Lubale
Arizona primary involving crypto Super PAC’s $1.3M is a squeakerThe primary between two Democrats in Arizona’s 3rd Congressional District will likely go to a recount, with money from crypto interests involved in the race.Aug 5, 2024Turner Wright
Elon Musk renews lawsuit against OpenAI, Sam Altman — Filing Musk claims he was misled about the ChatGPT creator’s true purpose.Aug 5, 2024Alex O’Donnell
Key takeaways from the Golden Boys’ attack on Compound DAOA group of Compound DAO members called the “Golden Boys” won a narrow vote to manage 5 percent of the DAO treasury on members’ behalf. Here’s what we can learn.Aug 5, 2024Agnes Gambill
Justin Sun denies liquidation rumors amid market turmoil Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.Aug 5, 2024Vince Quill
Price analysis 8/5: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADAGlobal equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.Aug 5, 2024Rakesh Upadhyay
Bitcoin bulls were obliterated, but is it time to catch the falling knife? Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.Aug 5, 2024Marcel Pechman
Jump Trading’s Ether dump: Smart move or sign of trouble?Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.Aug 5, 2024Yohan Yun
Ex-Ripple board member, Biden adviser joins Harris campaign: ReportEconomics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama.Aug 5, 2024Turner Wright
Bitcoin analyst sees seller ‘exhaustion’ as BTC price rebounds 10%Bitcoin sellers run out of steam and BTC price strength returns at the Wall Street open as US stocks initially avoid copying the fate of their Asian counterparts.Aug 5, 2024William Suberg
Bitcoin ETF trading volume tops $1B amid crypto crash — Galaxy Galaxy’s head of research expects the funds to see inflows as investors buy the dip.Aug 5, 2024Alex O’Donnell
Robinhood says its 24-hour trading ‘currently operating’Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule.Aug 5, 2024Helen Partz
Market makers sold over $300M Ether as ETH price crashed below $2,200 Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.Aug 5, 2024Zoltan Vardai
Bitcoin price downside may last 2 months — AnalysisBitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.Aug 5, 2024Zoltan Vardai
Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UKXapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts.Aug 5, 2024Savannah Fortis
Crypto market crash triggered by ‘aggressive’ selling by Jump Trading: ReportJump Trading significantly contributed to the crypto market sell-off, and it could be looking to sell another $104 million worth of crypto.Aug 5, 2024Zoltan Vardai
Crypto products shed $528M amid recession fears — CoinSharesAs Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.Aug 5, 2024Helen Partz
Over $1B wiped out in crypto liquidations as global markets sufferCrypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations.Aug 5, 2024Arijit Sarkar
Whales prepare for next altcoin rally, DeFi is ‘waking up’ — Finance RedefinedCrypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs.Aug 5, 2024Zoltan Vardai
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.Aug 5, 2024Zoltan Vardai
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.Aug 5, 2024Josh O'Sullivan
Was Warren Buffett right? 5 things to know in Bitcoin this weekBitcoin 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.Aug 5, 2024William Suberg
Crypto hackers buy Ethereum dip using stolen fundsHackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount.Aug 5, 2024Arijit Sarkar
Bitcoin dips below $50K: Crypto market crashes 17%BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, plunging to a market cap of $1.76 trillion.Aug 5, 2024Josh O'Sullivan
Memecoin dumps, then pumps after Vitalik Buterin sells unwanted airdropThe memecoin took a massive hit after Buterin sold his entire 17 billion Neiro airdrop, but in a weird turn of events, it pumped soon after.Aug 5, 2024Martin Young