Bitcoin Falls 7% From July Highs: Should Holders Prepare For More Losses?

Bitcoin bulls have had a torrid week. Looking at the price action in the daily chart, not only is the coin down roughly 7% after breaching $70,000 early this week, but cracks are beginning to form.  Overall, optimistic traders maintain that the uptrend remains, considering the sharp expansion between July 14 and 21. However, since […] дальше »

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Bitcoin ETFs hold inflows by string, Ethereum’s outflows start again

Spot Bitcoin and Ethereum exchange-traded funds in the United States have recorded poor results this week as bears dominate the market sentiment. According to data provided by Farside Investors, spot Bitcoin (BTC) ETFs recorded a net inflow of roughly $300,000… дальше »

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Bitcoin Finds Major Relief After 10 Years: Is The US Government Now The Biggest Threat?

Bitcoin is shaky at spot rates, looking at the formation in the daily chart. The leg-up to spot rates meant the world’s most valuable coin shot by roughly 30%, rising from the pits of $53,500 to around $70,000 over the weekend. дальше »

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Massive Silk Road Bitcoin Stash Worth $2 Billion Moved By US Government

A crypto wallet labeled as belonging to the U.S. government transferred roughly $2 billion worth of confiscated Bitcoin (BTC) connected to the infamous Silk Road marketplace to a new unlabeled address — sending the price of Bitcoin lower and igniting investor concerns about selling the assets just two days after presidential hopeful Donald Trump’s promise […] дальше »

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Bitcoin dips to $66K as US moves $2 billion in seized BTC to unidentified wallets

Bitcoin experienced a sharp decline to roughly $66,300 on July 29 after the US government transferred $2 billion worth of seized bitcoin (BTC) tied to the Silk Road marketplace. Arkham Intelligence revealed that a US government-owned wallet transferred 29,800 BTC to an unidentified address with no prior transaction history on July 29. дальше »

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Compound Finance faces scrutiny over $24 million treasury allocation

Compound Finance, a prominent DeFi protocol, has faced significant backlash following the approval of a contentious proposal that directs 5% of its treasury—equivalent to 499,000 COMP tokens valued at roughly $24 million—to a lesser-known yield-bearing protocol called goldCOMP Vault. дальше »

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Trump vows to make America the superpower of Bitcoin, fire Gensler on Day 1

President Donald J. Trump vowed to make the US a Bitcoin “superpower” and maintain its lead over competitors like China. Trump said that if elected, he would ensure that the US government never sells the roughly 200,000 Bitcoin it holds, which represents roughly 1% of the total supply. дальше »

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LITECOIN PRICE ANALYSIS & PREDICTION (July 26) – LTC Turns Green Today Following 5% Surge, Are The Bulls Back?

This week saw Litecoin through a small pullback after experiencing a steady increase from a year low recently. However, it is showing signs of strength daily and has posted roughly 5% gains in the last 24 hours. дальше »

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BINANCE COIN PRICE ANALYSIS & PREDICTION (July 24) – BNB Faces Resistance At $600, Has The Recovery Ended?

Amid this week’s drop, BNB halted bullish and slightly took a downturn after facing a key resistance level. The price is now looking weak after shedding roughly a 3% loss since Monday. It still trades in a bullish zone. дальше »

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Spot Ethereum ETFs record $1b trading volume on day one as Poodlana’s presale approaches $2.5m

Key takeaways Spot Ethereum ETFs began trading on Tuesday and recorded a trading volume of $1 billion on the first day. The Poodlana presale is approaching $2. 5 Million roughly a week after it launched. дальше »

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Ether ETFs start trading, preliminary inflow data revealed

Analyst Eric Balchunas says that initial inflows into the Ethereum ETFs accounted for roughly 50% of Bitcoin ETF inflows on day one. дальше »

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Bitforex reopens for withdrawals after police investigation

After roughly five months of silence, the crypto exchange Bitforex claimed that the police in Jiangsu Province had detained its team members in February. дальше »

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Polymarket’s largest bet misses as Trump fails to mention Bitcoin at RNC speech

Bitcoin price remained below $65,000 on Friday as Donald Trump avoided mentioning the coin and crypto in his speech at the Republican National Congress (RNC) event. Bitcoin (BTC) was trading at $64,200 Friday morning, roughly where it traded at 24 hours… дальше »

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Brevan Howard’s crypto fund gains 20%, hitting $2.3b in AUM: report

Brevan Howard Asset Management’s crypto fund has gained 20% in H1 2024 as institutional investors turned to crypto amid rising prices. BH Digital, a crypto hedge fund which manages $2.3 billion, has boosted its assets under management by roughly 20%… дальше »

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Trump fundraiser offers photo ops for roughly the price of one Bitcoin

Trump's embrace of Bitcoin could reshape political fundraising and influence crypto market dynamics, despite mixed reactions from the community. The post Trump fundraiser offers photo ops for roughly the price of one Bitcoin appeared first on Crypto Briefing. дальше »

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OKX Wallet adds support for TON as Solciety’s presale hits $1M a month after launch

TL;DR OKX Wallet has added support for TON as the Toncoin blockchain continues to gain momentum. Solciety’s presale has officially surpassed $1 million roughly a month after launch. OKX Wallet Adds Support for TON Cryptocurrency exchange OKX announced on Wednesday that it has added support for the Toncoin (TON) network associated with the Telegram messaging […] The post OKX Wallet adds support for TON as Solciety’s presale hits $1M a month after launch appeared first on CoinJournal. дальше »

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Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M

Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels. дальше »

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UAE And Vietnam Lead In Global Crypto Adoption: Which Countries Are Lagging Behind?

Cryptocurrency adoption has witnessed a significant surge globally, with the United Arab Emirates (UAE) and Vietnam emerging as frontrunners in embracing digital assets. Recent data from Triple-A has particularly shown that roughly 30. дальше »

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Jim Cramer just loaded up on Nextracker stock: should you too?

Famed investor Jim Cramer is tapping on an over 20% hit to Nextracker Inc (NASDAQ: NXT) in recent weeks to build a position.   Shares of the solar energy solutions company are roughly flat for the year. дальше »

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Carvana stock has tripled in 2024: but is it done rallying yet?

Carvana Co (NYSE: CVNA) has roughly tripled this year but a JPMorgan analyst remains convinced it’s not out of room to run just yet.   We come away from CVNA’s Rocklin, CA, IRC tour with higher conviction in our above consensus EBITDA. дальше »

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US government moves nearly 4,000 BTC worth $240 million to exchange

The US government moved 3,940 Bitcoin to an exchange on June 26, leading to speculation of a sell-off, according to Arkham Intelligence data. The Bitcoins in question were seized from drug trafficker Banmeet Singh and are worth roughly $240 million as of press time. дальше »

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Bitcoin In Red, Analyst Predicts A 40% Drop To $48,000 Before Recovery

Bitcoin is roughly 20% from all-time highs, and risks are trending lower, breaking from the current consolidation. After peaking in mid-March, bulls are yet to build enough momentum and overcome the roadblock at $72,000. дальше »

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Tether to Stop Minting Stablecoin USDT on Algorand and EOS

The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply. дальше »

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Nvidia is now the world’s most valuable publicly traded company

Graphics processing and AI giant Nvidia provides roughly 80% of the artificial intelligence chips used in high-end data centers.

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XRP Massive $5 Price Breakout Nears As SEC Slashes Ripple’s Proposed Penalty From $2 Billion To $103 Million

The SEC had demanded that Ripple pay roughly $2 billion in disgorgement, prejudgement interest, and civil penalties while the San Francisco-based fintech firm has argued for no more than a $10 million fine. дальше »

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MEV bot ‘arsc’ rakes in $30m from Solana users in two months

In just two months, the infamous maximal extractible value (MEV) sandwich bot “arsc” accumulated roughly $30 million by exploiting Solana users via MEV attacks. MEV sandwich attacks involve an attacker strategically placing their own transactions around a victim’s transaction, manipulating… дальше »

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Binance Founder CZ Owns An Astonishing 64% Of BNB Circulating Supply: Report

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Stablecoin Giant Paxos Shocks With 20% Workforce Slash

Paxos, a key player in the cryptocurrency industry, has caused a stir with an unexpected move. The company recently laid off approximately 20% of its staff, roughly 65 employees. This decision, however, appears to be part of a calculated gamble rather than a sign of financial distress. дальше »

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Bitcoin's big move: Dormant wallet's $500M transfer spurs market

A dormant wallet transferred 8,000 BTC, valued at roughly $536.5 million. It suggests a renewed interest in BTC as new and former investors engage with the market. The cryptocurrency market The post Bitcoin's big move: Dormant wallet's $500M transfer spurs market appeared first on AMBCrypto. дальше »

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Stablecoin issuer Paxos cuts 20% of workforce: report

Paxos has reportedly laid off roughly 20% of its staff, with this decision communicated to the affected employees via email on Tuesday. Crypto publication The Block reported on Wednesday that Paxos co-founder and CEO Charles Cascarilla wrote to employees to… дальше »

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Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?

Bitcoin is dumping when writing, cooling off from May highs of nearly $72,000. Down roughly 10% from all-time highs, there could be more losses on the way, at least looking at the candlestick arrangement in the daily chart. дальше »

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Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years

The program will tap into funds made available by Polygon’s Community Treasury, and the team shared that roughly 100 million POL tokens will be given out each year. дальше »

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Bitcoin briefly dips below $67k amid $200M in Binance-driven spot selling

Quick Take Bitcoin experienced a notable dip earlier today, briefly dropping below $67,000 to a low of approximately $66,800, marking a roughly 3% decrease over the past 24 hours. According to data from Glassnode, significant spot-selling activity contributed to a total of about $200 million in selling across all exchanges. дальше »

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SOLANA PRICE ANALYSIS & PREDICTION (June 6) – Sol Looks Set For A Massive Rally But Can It Surpass This Resistance?

Sol is up today and is currently prime for a big move on the daily chart. It has dropped slightly from a daily high, looking for a key rebound level.   Sol went through a nice recovery phase last month, posting roughly 50% gains in the first two weeks. It encountered […] дальше »

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Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000

Bitcoin’s price has risen roughly 2% in the past 24 hours, trending above $70,000, a psychological level. As bulls prepare for more gains, Willy Woo, an on-chain analyst, believes the coin could soar even higher after breaking above the all-important resistance level at $72,000. дальше »

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Huge short Bitcoin positions above $71k suggest potential for rapid market movements

Quick Take Bitcoin has, for now, cemented itself above $70,000, boasting a market cap of roughly $1. 4 trillion. The close on June 4 above $70,000 marks only day 13 that Bitcoin has achieved this level, with just seven days seeing a close above $70,954, according to Case Bitcoin. дальше »

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Sam Bankman-Fried is back in NYC prison for his appeal

The former FTX CEO spent roughly a week at the Federal Transfer Center in Oklahoma City, with many speculating authorities planned to send him to a California prison. дальше »

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Nearly three-quarters of organizations now use AI, breaking adoption stagnancy: McKinsey

A new survey reveals that 72% of organizations have adopted AI in at least one area as of March 2024, according to a new survey conducted by McKinsey on May 30. Meanwhile, roughly 50% of all respondents said that their organizations adopted AI in two or more business functions. дальше »

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Europol shuts down malware dropper ring linked to at least $75M in stolen crypto

The Europol's Operation Endgame has taken down major malware droppers including IcedID, SystemBC, Pikabot, Smokeloader, Bumblebee, and Trickbot. Investigations revealed that one of the perpetrators behind the exploits was able to siphon off roughly $75 million in crypto. дальше »

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Whale Activity Surges Amid Ethereum ETF Approval Anticipation

Bloomberg ETF analyst James Seyffart has forecasted that demand for spot Ethereum ETFs could reach 20% to 25% of that for Bitcoin ETFs. This prediction stems from Ethereum’s market size, which is roughly 30% that of Bitcoin. дальше »

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Binance develops algorithm to combat address poisoning scams

After the harrowing incident where a trader lost roughly $71 million in Wrapped Bitcoin, Binance researchers have developed an algorithm to fight against address poisoning attacks. The post Binance develops algorithm to combat address poisoning scams appeared first on Crypto Briefing. дальше »

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Bitcoin rallies to $65,000, triggering over $120 million in liquidations in 24 hours

Quick Take Bitcoin’s recent surge to $65,000, a level last seen on May 6, has sparked significant volatility in the digital assets market. Bitcoin has now seen a roughly 15% rally from the lows of May 1. дальше »

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Hash Ribbon metric signals miner capitulation, possibly marking Bitcoin’s price bottom at roughly $56,500

Quick Take The Hash Ribbon metric by Glassnode, which has marked most of the bottoms in Bitcoin in the past five years, is finally signaling miner capitulation. This technical indicator assumes Bitcoin tends to bottom when miners are forced to capitulate due to mining becoming too costly relative to revenues. дальше »

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Robinhood Crypto launches Solana staking with 5% APY for EU users

Robinhoods European crypto branch launched Solana staking, offering roughly 5% APY at launch, slightly below Coinbase. The post Robinhood Crypto launches Solana staking with 5% APY for EU users appeared first on Crypto Briefing. дальше »

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Meme Stocks Gamestop (GME) and AMC Prices Explode – Could Meme Coins Be Next?

The meme stock mania has taken the investment world by storm, with GameStop (GME) and AMC prices skyrocketing in a matter of days. GameStop shares surged 74% on Monday, while AMC stock rose more than 78% by Tuesday, with both stocks roughly doubling in price. дальше »

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Bitcoin: This Indicator Flashes Green For The First Time Since January 2024

According to the candlestick arrangement in the daily chart, Bitcoin is moving inside a range. BTC is also down roughly 20% from the all-time high at spot rates. Though the series of lower lows posted in the past few trading days is bearish, one analyst is upbeat, expecting an encouraging recovery in the sessions ahead. дальше »

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Chinese authorities arrest six suspects in $300m crypto fraud case

Authorities in China have arrested six individuals suspected of engaging in illicit cryptocurrency transactions amounting to 2.94 billion yuan — worth roughly $300 million. According to a May 10 report by local media outlet Chinanews, the suspects were taken into… дальше »

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JPMorgan reports holding shares of several spot Bitcoin ETFs

The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs. дальше »

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Crypto Countdown: $2.4B In Bitcoin and Ethereum Options Set To Expire, Market Volatility Ahead?

As the clock ticks closer to the end of today, May 3, the cryptocurrency market braces itself for potential upheavals, with roughly $2. 4 billion worth of Bitcoin and Ethereum options set to expire. дальше »

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Satoshi-Era Bitcoin Address Activated After More Than Decade

A wallet containing roughly $44 million worth of Bitcoin has been activated after more than 10 years дальше »

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