Grayscale Bitcoin trust discount narrowing, SEC pushed out ETF deadline

Key Takeaways Crypto volatility has picked up in the last two weeks A positive court ruling regarding the conversion of Grayscale’s Bitcoin trust into an ETF propelled markets last week Gains have since been given up as SEC pushed out assessment date for ETF filings After a long period of calm, the crypto markets have […] The post Grayscale Bitcoin trust discount narrowing, SEC pushed out ETF deadline appeared first on CoinJournal. дальше »

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Solana YTD inflows suggest it’s the ‘most loved altcoin’ — CoinShares

Solana has seen steady inflows over the last nine weeks, even as other crypto investment products have faced outflows over a similar period. дальше »

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Polygon (MATIC) Drops Below Crucial Level – Will Sellers Exit?

Polygon (MATIC), one of the prominent players in the cryptocurrency market, has faced a turbulent period as it lost its grip on the $0. 60 mark, leaving investors and traders on edge.   As of the latest data available, MATIC was trading at $0. дальше »

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The ApeCoin Quandary: Why Additional Losses Could Persist

ApeCoin (APE) finds itself grappling with a tumultuous period as on-chain metrics present a mixed picture while price charts continue to reflect the dominance of bearish sentiment. In recent weeks, ApeCoin has encountered a series of conflicting signals from its on-chain metrics. дальше »

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Base is a silver lining in a struggling NFT market: Here's why

The NFT market showed renewed activity after a period of decline. Yuga Labs' Blue-Chip NFTs stood out, while BAYC and MAYC's collections also showed strong performances. Over the past severaThe post Base is a silver lining in a struggling NFT market: Here's why appeared first on AMBCrypto. дальше »

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Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss

Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite its increasing mining revenue and computing power. Per the unaudited financial report, the miner generated a total revenue of $73. дальше »

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Robinhood Revealed to Be Third-Largest Bitcoin Holder With $3B in BTC

Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period дальше »

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Bitcoin Is Likely to Chop Around $25,000 This Quarter, Says Arthur Hayes

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Ripple’s XRP Whales Are Soaring Fast As Accumulation Accelerates — Is A Monster Bull Move Nigh?

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Economic Reset Alert: Bloomberg Analyst Predicts Bitcoin Crash Below $10,000

Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a period of stability around the $26,000 mark following the recent speech by Federal Reserve Chair Jerome Powell.   Powell reiterated the central bank’s commitment to maintaining a 2% inflation target in his speech. дальше »

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Sweeping U.S. Tax Proposal Met With Boos From Crypto World

An immediate burst of criticism from the crypto industry shows the U.S. Treasury Department’s new proposal on how to handle digital assets taxes will face a long road as it enters a months-long period of public comments and hearings. дальше »

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Top Recent Crypto News To Watch Out For This Month

The cryptocurrency market is constantly evolving, and it can be difficult to keep up with the latest news and developments. However, there are a few key pieces of news that traders and investors should be aware of particularly this period, as they could have a notable impact on the market. The SEC Charges Two Alleged […] дальше »

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Cryptocurrencies face more slump, but Shiba Memu shines on presale

Shiba Memu presale has raised over $2. 2 million Increasing risk-off sentiment is hurting the rest of the sector Shiba Memu could return by up to 1,000% The past week has been a bloody period for cryptocurrencies. дальше »

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Sam Bankman-Fried Granted 6.5-Hour Temporary Leave From Jail

Former FTX CEO Sam Bankman-Fried has been granted permission by a US judge to meet his lawyers for a school day-length period and access the internet during the meeting. The post Sam Bankman-Fried Granted 6. дальше »

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Glassnode Co-Founder’s Prediction: DXY Set To Peak, Fueling Potential Bitcoin Rally To $37,000

The largest cryptocurrency by market cap, Bitcoin (BTC), dropped after a prolonged period of consolidation around the $29,000 mark. The failure to sustain this level has resulted in a decline to $26,000. дальше »

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Bitcoin Volatility Returns With 15% Drop

After a prolonged period of muted volatility, the bitcoin price had a violent swing to the downside, clearing more open interest than the FTX collapse. дальше »

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Meme Coin News: Sonik Coin Hits $250k, $PEPE Price Consolidates, Wall Street Memes Presale Enters Final Stage

It’s been an eventful period in the meme coin sector, with several presales reaching significant milestones while established coins hit price roadblocks. The Sonik Coin presale now raised over $250,000 as momentum builds ahead of the token’s launch, while $PEPE’s price has stabilized following a surprise increase. дальше »

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The $200 Million BNB Bridge Exploiter Just Got Liquidated On Venus

According to Coinglass, the crypto market witnessed more than $1. 04 billion in liquidations during this period. Of this, a BNB position on the Venus lending protocol belonging to the perpetrator of the BSC bridge $560M hack was liquidated. дальше »

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Bitcoin’s drop to $26.6K sees over $160M in realized losses

Bitcoin’s price plummeted to $26,298 on Aug. 17, marking a significant 9% decline within a 24-hour span.   Ethereum wasn’t spared either, as its price tumbled to $1,620, reflecting a 10% drop during the same period. дальше »

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SpaceX saw valuation of Bitcoin holdings fall by $373M over two years: WSJ

SpaceX’s Bitcoin (BTC) holdings have declined over a two-year period, according to a report from the Wall Street Journal on Aug. 17. According to WSJ, SpaceX wrote down its Bitcoin holdings by $373 million over the course of 2022 and 2021, including by selling the asset. дальше »

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Could Ethereum be on the edge of a potential rebound to $2,000

ETH could recover if the open interest continues to decrease. However, the potential rebound to $2,000 depends on the average market behavior. After enduring a period of low volatility and pThe post Could Ethereum be on the edge of a potential rebound to $2,000 appeared first on AMBCrypto. дальше »

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ApeCoin, Luna Classic, and Pepe Coin Prices Crashing, While Sonik Meme Coin Hits $26k

Major coins like ApeCoin, Luna Classic, and Pepe have seen their prices crash dramatically in recent days as negative momentum in the crypto sphere intensifies. This bearish momentum comes hot on the heels of a bullish period for many altcoins, yet $APE, $LUNC, and $PEPE seem unable to escape the current volatility. дальше »

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Russian turmoil fuels unprecedented USDT/RUB trade volume surge

Quick Take The USDT/RUB trading pair has seen a significant surge in volume, according to data from The Block. This uptick reflects the heightened market activity surrounding a turbulent period in Russia. дальше »

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BlockFi’s bankruptcy moves forward with creditor vote

BlockFi announces the start of its Chapter 11 solicitation period, allowing creditors to vote on the bankruptcy plan. Blockfi has announced via Twitter that the solicitation period for creditors under Chapter 11 has begun. During this time, the creditors can… дальше »

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LYOTRADE Staking: Earn passive income with ease

Crypto staking has emerged as a popular way to earn passively by holding digital assets in a dedicated wallet for a specific period of time. This process supports the functioning of blockchain networkThe post LYOTRADE Staking: Earn passive income with ease appeared first on AMBCrypto. дальше »

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Long-term Bitcoin holders cash in with profits nearing $100M

Quick Take A notable trend of profit-taking has been observed among long-term Bitcoin holders, particularly those who have retained their Bitcoins for a period exceeding 155 days. These individuals have recently taken profits nearing the $100 million mark, a significant volume not observed since the peak earlier this year in April. дальше »

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Ethereum (ETH) and Aave (AAVE) May Experience Downturns, Is DigiToads (TOADS) Geared Up for a Skyward Surge?

In the ever-fluctuating realm of cryptocurrencies, Ethereum (ETH) and Aave (AAVE) appear to be navigating through a period of downturns, marked by recent declines that have stirred speculation about their future performances. дальше »

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Miners cash out - Here's what that says about Bitcoin

Bitcoin's lackluster performance in recent months prompted miners to HODL Miner liquidations occur on a regular basis and should not be seen as an anomaly After a prolonged HODLing period, BThe post Miners cash out - Here's what that says about Bitcoin appeared first on AMBCrypto. дальше »

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Ark 21Shares Bitcoin ETF Application Decision Delayed by SEC

The U. S. Securities and Exchange Commission (SEC) has extended its review period for the Ark 21Shares Bitcoin ETF application. This move is in line with the SEC’s ongoing evaluation of applications from major financial institutions, including BlackRock and Fidelity. дальше »

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Ethereum: DeGods surges as season 3 is unveiled

DeGods announced the launch of season 3 of its collection. Volume and sales spike by 8,000% and 9,000%, respectively. During a period marked by gradual growth and sluggish sales for NFTs, thThe post Ethereum: DeGods surges as season 3 is unveiled appeared first on AMBCrypto. дальше »

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Age-old SHIB holders are no longer underwater

421,850 SHIB addresses are now in profit—a notable hike from the long drawdown period. SHIB may be undervalued, considering the NVT signal and MVRV ratio. Shiba Inu’s [SHIB] surge ensureThe post Age-old SHIB holders are no longer underwater appeared first on AMBCrypto. дальше »

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‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC appeal

Lawyer Oscar Franklin Tan believes that if the appeal is allowed, whoever wins will build momentum in the main case.

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Inqubeta Raises Over $2M in Presale as It Storms Into Stage Three of Presale

The presale period of a token says a lot. One straightforward story it tells is how much it is accepted as a solution to the problem its project aims to tackle. The presale period for InQubeta (QUBE) is ongoing and has already passed the $2. дальше »

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How Q3 marks a period of extraordinary stability for the crypto market

Cryptocurrency markets exhibited unusual stability in Q3. The Stablecoin market was projected to reach $2.8 trillion which could influence market stability and participation. Cryptocurrency The post How Q3 marks a period of extraordinary stability for the crypto market appeared first on AMBCrypto. дальше »

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Bitcoin Retraces Back From $30,000 As Profit Taking Spikes

Bitcoin had surged above $30,000 earlier during the past day but has since observed a retrace as profit-taking from traders has spiked. Bitcoin Profit-Taking Volume Is Currently More Than Twice The Loss-Taking One Bitcoin showed some promising signs of breaking away from its stagnation earlier during the past 24-hour period, as the cryptocurrency’s price managed to make a sharp recovery towards the $30,000 mark. дальше »

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Wrapped KAVA down by 90% despite KAVA’s bull run

Wrapped Kava (WKAVA) plunged by over 90% over the past 24 hours, while the protocol’s native token, Kava (KAVA), registered slight gains in the mentioned period. WKAVA, which is meant to be pegged to KAVA, has witnessed many ups and… дальше »

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Record-Breaking $10 Billion Open Interest Fuels Bullish Speculation For Bitcoin Reversal

The cryptocurrency market has experienced a period of stagnation, with Bitcoin (BTC) trading within a narrow range for the past week.   However, according to market analyst Ali Martinez, there is a glimmer of hope on the horizon as Open Interest, a key indicator of market sentiment, has skyrocketed to a year-to-date high. дальше »

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PayPal USD Debut: Why Its New Stablecoin Is Triggering Apprehension

PayPal has concluded an extended period of careful consideration, advancement, and setbacks to unveil its newly established stablecoin tied to the US dollar. The stablecoin, called PayPal USD (PYUSD), facilitates users in engaging in activities such as “purchasing, vending, retaining, and transferring” the token using the payment processor’s interface. дальше »

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Can Litecoin Bulls Turn The Tide On Recent Declines? A Closer Look

Litecoin (LTC) has recently faced a period of bearish pressure that has taken a toll on its market performance. The months of July and August have witnessed a shift in sentiment, as bearish forces began to dominate the crypto market. дальше »

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Cardano Blockchain Transactions Jumped 49% in Q2 on Network Upgrades, New Users

Blockchain load – a measure of how much data is contained in blocks over a certain period – rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May. дальше »

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Avalanche Blockchain Usage Grew in Second Quarter: Nansen

The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health level – increase significantly in the period. дальше »

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Coinbase Q2 report exceeds analyst expectations despite legal battle with SEC

Coinbase released its financial results for the second quarter of the year, beating the analysts’ expectations. The company reported $663 million in net revenue, which is down by 10% compared to the same period last year. Coinbase also disclosed an… дальше »

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Polygon and Filecoin Continue to Fall, Investors are Turning to Borroe (ROE)

Polygon (MATIC) lost 5. 41% in the last week of July 2023, while Filecoin (FIL) lost 7. 19% within the same period. Analysts say investors are exiting Filecoin (FIL) and Polygon (MATIC) markets for more reliable investments in Q3 2023. дальше »

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Options implied volatility drops but market still expects turbulence

The implied volatility (IV) for Bitcoin options decreased significantly in July. The IV for Bitcoin options on Aug. 3 is as follows: Expiry Period Percentage 1-Month Expiry 32. 73% 3-Month Expiry 37. дальше »

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Ripple (XRP): Profit-Taking Phase is Over, Here’s the Next Price Target

The $XRP coin has been under the spotlight. After a period of consolidation, many believe that the coin is poised for a significant move. The anticipation is palpable, with some members of the community suggesting that a massive event is on the horizon. дальше »

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Whale Invests 460 ETH ($840,000) in Wall Street Memes Presale – Can WSM Outdo PEPE?

A whale plowed in $840,000 to the Wall Street Memes presale this week.   Over a period of just five minutes, the investor gobbled up 460 ETH worth of WSM tokens. The purchase was made from five different wallets as part of a coordinated move. дальше »

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Bitcoin briefly touches $30k amid whale transactions

Bitcoin’s (BTC) brief recovery of the $30,000 mark after a major drop has sparked significant interest among market observers. During this period, key metrics such as whale transactions and weekly price volatility have surged, indicating potential market sentiment and activity… дальше »

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Binance Coin (BNB) Price Gears Up For A 10% Upswing – Here’s How

Binance Coin (BNB) has recently exhibited a period of price consolidation, displaying a lateral movement within the range of $245 to $234 over the past two weeks. This intriguing price action has given rise to a bullish reversal pattern known as the inverted head and shoulders, hinting at potential future price movements. дальше »

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Voyager 30-Day Withdrawal Period Becomes Breeding Ground For Scammers – Report

Fraudulent actors targeted Voyager Digital patrons as they briefly gained the opportunity to withdraw portions of their funds from the insolvent cryptocurrency brokerage. Bloomberg’s report, referencing insights from Darren Azman, the company’s legal representative, disclosed that scammers seized this month-long window. дальше »

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Polygon: The role of zkEVM in Q2's network growth

Daily active addresses rallied on Polygon in Q2 following the launch of Polygon zkEVM. However, during the same period, the network's transactions count trailed downwards. Layer 2 blockchainThe post Polygon: The role of zkEVM in Q2's network growth appeared first on AMBCrypto. дальше »

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