Cryptocurrency news

• The Bitcoin bottom is not in — BTC traders set price targets in low $40K range

  05-08-2024 23:14 via cointelegraph.com
  Crypto traders appear to agree that today’s market rout is far from over.
  
  Read more

• Will tokenization actually democratize investment opportunities? - TheStreet

  05-08-2024 23:10 via news.google.com
  Will tokenization actually democratize investment opportunities?  TheStreet
  
  Read more

• Online casinos will add $7.10B a year to the British economy by 2029, according to market data

  05-08-2024 23:08 via coinjournal.net
  UK online casino sector to grow from $6.47B to $7.10B annually by 2029
  UK leads globally in online casino revenue, surpassing the US in 2024
  Cryptocurrency adoption boosts UK online casino growth and user engagement.The online casino industry in the United Kingdom is set to experience significant growth over the next five years. Currently generating an impressive $6.47 billion annually, market projections indicate that this figure will rise to $7.10 billion a year by 2029. 
  This growth und
  
  Read more

• Swan Bitcoin cancels conference amid staff reduction, mining shutdown

  05-08-2024 23:04 via cointelegraph.com
  According 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.
  
  Read more

• Advertisement

• Bloody Monday: Cardano Not Spared From Bloodbath, Suffers 30% Loss

  05-08-2024 23:00 via newsbtc.com
  
  Cardano has been among the major coins that suffered miserably in the chaotic crypto market today: the token lost 30% in value in the last week. The broader market’s slip and crash are to be blamed for the token’s poor performance.The past 24 hours remain bloody, with the total market cap facing an over 13% decrease. Bitcoin and Ethereum, the two top cryptocurrencies, saw their prices decrease by 24% and 31% respectively since last week, showing the market’s vulnerability to th
  
  Read more

• Poodlana ignores the crypto sell-off as token sale nears $5 million

  05-08-2024 22:55 via coinjournal.net
  
  Cryptocurrencies have shed billions of dollars in the past few days as investors remain concerned about Japan, US election, and technical formations. No crypto has been spared, with Bitcoin falling below $50,000 and Ethereum moving to $2,335. Other cryptocurrencies like BNB, Solana, and XRP have fallen by double-digits. 
  Poodlana token sale is thriving
  Cryptocurrency investors are still piling into Poodlana, a new crypto token that aims to dethrone popular meme coins like Dogecoin, Brett, a
  
  Read more

• Bitcoin Price Tumbles To Six-Month Low, Cryptocurrency Markets Enter 'Panic Mode' - Investor's Business Daily

  05-08-2024 22:25 via news.google.com
  Bitcoin Price Tumbles To Six-Month Low, Cryptocurrency Markets Enter 'Panic Mode'  Investor's Business Daily
  
  Read more

• Europe’s fourth largest hedge fund discloses $500m in spot Bitcoin ETFs

  05-08-2024 22:23 via coinjournal.net
  
  Capula Management, Europe’s fourth largest hedge fund, has disclosed it holds nearly $500 million in spot Bitcoin ETFs.
  The spot ETF market continues to see increased demand despite Bitcoin’s price woes over the past few weeks.Capula Management, the fourth largest investment manager in Europe, holds nearly $500 million in spot Bitcoin ETFs.
  According to documents filed with the US Securities and Exchange Commission, the hedge fund manager has acquired $253 million of BlackRock&rsquo
  
  Read more

• Advertisement

• US government transfers 300 ETH — Arkham Intelligence

  05-08-2024 22:20 via cointelegraph.com
  The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.
  
  Read more

• Crypto market’s ‘perfect storm’ can lead to further massive capitulation

  05-08-2024 22:11 via cointelegraph.com
  A 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?
  
  Read more

• Polymarket in focus as CFTC is pushed to ban gambling on US elections

  05-08-2024 21:50 via coinjournal.net
  
  Polymarket’s popularity raises fears of corruption and undue election influence.
  Lawmakers urge CFTC to ban election betting, citing democracy trust concerns.
  Senators stress elections shouldn’t be influenced by wealthy individuals’ bets.Polymarket, a predictions market operating on the Polygon blockchain, has come under scrutiny as US lawmakers intensify efforts to ban gambling on American elections.
  Spearheaded by Oregon Senator Jeff Merkley, a group of legislators is urging
  
  Read more

• Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash

  05-08-2024 21:34
  
  Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets.
  
  Read more

• Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO

  05-08-2024 21:30 via newsbtc.com
  
  A popular Bitcoin analyst has suggested a key breakout point for Bitcoin amidst a bearish market price action. While Bitcoin’s price has been experiencing a downward trend, dynamics and movements over the past few months have established several significant price levels. These levels might offer traders valuable insights into Bitcoin’s potential future actions.
  The $65,000 price mark is one such level, and according to a crypto analyst, a break above it should eventually trigger seri
  
  Read more

• Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing

  05-08-2024 21:24 via cointelegraph.com
  Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.
  
  Read more

• Ethereum price recovery from 8-month low could take longer than expected — Analysts

  05-08-2024 21:15 via cointelegraph.com
  Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.
  
  Read more

• Is Bitcoin Still a Store of Value?

  05-08-2024 20:57
  
  It depends on what you're trying to protect that value from. Day-to-day market volatility, no. Confiscation or monetary inflation, maybe.
  
  Read more

• Arizona primary involving crypto Super PAC’s $1.3M is a squeaker

  05-08-2024 20:35 via cointelegraph.com
  The 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.
  
  Read more

• Bitcoin Dump Liquidates $1,000,000,000 As BTC Investors Join New Cryptocurrency - NewsBTC

  05-08-2024 20:33 via news.google.com
  Bitcoin Dump Liquidates $1,000,000,000 As BTC Investors Join New Cryptocurrency  NewsBTC
  
  Read more

• BTC vs MPEPE: Top Analysts Compare Profit Potential Between Bitcoin (BTC) & New Cryptocurrency

  05-08-2024 20:30 via newsbtc.com
  
  Bitcoin (BTC) has long been the cornerstone of the cryptocurrency market, celebrated for its pioneering role in the digital asset space. As the first cryptocurrency, Bitcoin (BTC) has established itself as a store of value and a hedge against economic uncertainty. Historically, BTC has demonstrated significant volatility, with notable price surges and dips that have shaped its reputation as both a high-risk and high-reward investment.
  Current Market Challenges
  Despite its established status, Bit
  
  Read more

• Bitcoin Suffers Major Priced Drop As Iran Make Advances, New Cryptocurrency To Profit In BTC Red Sea

  05-08-2024 20:30 via newsbtc.com
  
  Bitcoin (BTC), the leading cryptocurrency and a staple in digital asset investment, has recently encountered a significant downturn in its price. This decline has been exacerbated by geopolitical developments, particularly Iran’s growing influence on the global stage. As investors reevaluate their positions in light of these changes, Bitcoin (BTC)’s volatility raises questions about its future stability and performance.
  Iran’s Economic Moves and Bitcoin’s Market Reaction
  
  Read more

• Bitcoin Shocks Pepecoin (PEPE) Investors Pushing PEPE Holders To New PEPE Rival For Massive Profits

  05-08-2024 20:30 via newsbtc.com
  
  Recently, Bitcoin (BTC) experienced a significant price drop, shaking the cryptocurrency market and sending shockwaves through various investment communities. This dramatic change in BTC’s performance has caused many investors to reevaluate their portfolios, particularly those holding Pepecoin (PEPE). The uncertainty and volatility have prompted PEPE holders to seek new opportunities for substantial gains.
  The Ripple Effect: How Bitcoin’s Decline Impacts Pepecoin (PEPE) Investors
  The
  
  Read more

• Bitcoin Dump Liquidates $1,000,000,000 As BTC Investors Join New Cryptocurrency

  05-08-2024 20:30 via newsbtc.com
  
  In a dramatic turn of events, Bitcoin (BTC) has witnessed a massive sell-off, resulting in the liquidation of over $1 billion worth of BTC. This unprecedented drop in value has shaken the cryptocurrency market, leading many investors to reassess their positions. As Bitcoin (BTC)’s price plunges, a growing number of these investors are turning their attention to emerging alternatives, with Mpeppe (MPEPE) emerging as a prominent contender.
  The Ripple Effect of Bitcoin’s Price Drop
  Unde
  
  Read more

• Bitcoin (BTC) & Ethereum (ETH) Investors Dump BTC & ETH For New Cryptocurrency To Regain Market Profits

  05-08-2024 20:30 via newsbtc.com
  
  In a striking shift in the cryptocurrency landscape, traditional investors in Bitcoin (BTC) and Ethereum (ETH) are increasingly reallocating their assets into newer, high-potential tokens. This article explores why investors are pivoting away from established giants like BTC and ETH and why Mpeppe (MPEPE) has emerged as a compelling alternative.
  The Shift from Bitcoin (BTC) and Ethereum (ETH)
  Traditional Titans Under Pressure
  Bitcoin (BTC) and Ethereum (ETH) have long been the cornerstones of th
  
  Read more

• 9 Spot Ether ETFs Available to Buy | Cryptocurrency - U.S News & World Report Money

  05-08-2024 20:11 via news.google.com
  9 Spot Ether ETFs Available to Buy | Cryptocurrency  U.S News & World Report Money
  
  Read more

• Elon Musk renews lawsuit against OpenAI, Sam Altman — Filing

  05-08-2024 20:01 via cointelegraph.com
  Musk claims he was misled about the ChatGPT creator's true purpose.
  
  Read more

• Why The 4-Year Crypto Cycle Is A Thing Of The Past: Top-Analyst

  05-08-2024 20:00 via newsbtc.com
  
  The long-held belief in the crypto market’s predictable four-year cycle, characterized by distinct phases of accumulation, uptrend, distribution, and downtrend, is being questioned by top-analyst Jordan Fish, better known as Cobie. He articulated an argument that challenges this traditional view, suggesting that the concept of a cyclic market may no longer hold true.
  Cobie ignited a debate on X (formerly Twitter) with his assertion, “Unironically [the bull run] has not even started y
  
  Read more

• Key takeaways from the Golden Boys’ attack on Compound DAO

  05-08-2024 19:54 via cointelegraph.com
  A 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.
  
  Read more

• Bitcoin price: Why di cryptocurrency, Ethereum and oda coins drop inside 24 hours? - BBC.com

  05-08-2024 19:26 via news.google.com
  Bitcoin price: Why di cryptocurrency, Ethereum and oda coins drop inside 24 hours?  BBC.com
  
  Read more

• Justin Sun denies liquidation rumors amid market turmoil

  05-08-2024 19:13 via cointelegraph.com
  Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.
  
  Read more

• DePIN and Machine Data Can Change Web3

  05-08-2024 19:12
  
  DePIN enables the tokenization of machines, opening up RWA investments and spreading benefits to owners and users, says Leroy Hofer, CEO and co-founder of Teneo Protocol.
  
  Read more

• Price analysis 8/5: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

  05-08-2024 19:10 via cointelegraph.com
  Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
  
  Read more

• Bitcoin bulls were obliterated, but is it time to catch the falling knife?

  05-08-2024 19:00 via cointelegraph.com
  Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.
  
  Read more

• Jump Trading’s Ether dump: Smart move or sign of trouble?

  05-08-2024 18:48 via cointelegraph.com
  Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.
  
  Read more

• Why Is The Shiba Inu Price Crashing Today?

  05-08-2024 18:30 via newsbtc.com
  
  With the Bitcoin price crash over the weekend, the prices of other cryptocurrencies such as Shiba Inu have followed sharply. The result of this has been a double-digit price crash for Shiba Inu, alongside other altcoins. Naturally, the rapid decline has raised questions, with industry stakeholders wondering what is driving this massive crash.
  Shiba Inu Price Crash Is Following Bitcoin
  The Shiba Inu price crash being experienced today is not a result of a single event occurring for the meme coin.
  
  Read more

• Ex-Ripple board member, Biden adviser joins Harris campaign: Report

  05-08-2024 18:11 via cointelegraph.com
  Economics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama.
  
  Read more

• Cryptocurrency Crash: 2 Coin Dips That Could Make You Rich - Watcher Guru

  05-08-2024 18:04 via news.google.com
  Cryptocurrency Crash: 2 Coin Dips That Could Make You Rich  Watcher Guru
  
  Read more

• Zircuit Launches Mainnet Phase 1 And Rolls Out ZRC Airdrop Season 1

  05-08-2024 18:01 via crypto-news.net
  
  George Town, Grand Cayman, August 5th, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer-level security, today announced that Mainnet Phase 1 is now live. Mainnet Phase 1 also includes the launch of the Zircuit Mainnet Festival, a first-of-its-kind program that rewards ZRC and a chance to win large prizes in proportion to…
  The post Zircuit Launches Mainnet Phase 1 And Rolls Out ZRC Airdrop Season 1 appeared first on Crypto-News.net.
  
  Read more

• Bitcoin analyst sees seller ‘exhaustion’ as BTC price rebounds 10%

  05-08-2024 18:00 via cointelegraph.com
  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.
  
  Read more

• Bitcoin analyst sees seller 'exhaustion' as BTC price rebounds 10%

  05-08-2024 18:00 via cointelegraph.com
  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.
  
  Read more

• Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren's Headwinds

  05-08-2024 17:33
  
  A deluge of crypto-industry money may have helped achieve a very narrow Arizona congressional primary win this week for Yassamin Ansari, a crypto-cheering Phoenix City Council member who faced a candidate backed by Sen. Elizabeth Warren (D-Mass.)
  
  Read more

• Bitcoin ETF trading volume tops $1B amid crypto crash — Galaxy

  05-08-2024 17:32 via cointelegraph.com
  Galaxy’s head of research expects the funds to see inflows as investors buy the dip.
  
  Read more

• Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?

  05-08-2024 17:00 via newsbtc.com
  
  The Relative Strength Index (RSI) is an important indicator for any cryptocurrency, and Bitcoin is no different. Given that the pioneer cryptocurrency has been around the longest, the abundance of data makes it possible to use this indicator in an attempt to pinpoint where the price might be headed next. This time around, the indicator is turning bearish, which means that the Bitcoin price could be headed toward further decline from here.
  Analyst Says RSI Is Turning Bearish For Bitcoin
  Crypto an
  
  Read more

• Pawfury’s Presale Advances Amid the Evolving Crypto Landscape

  05-08-2024 16:58 via crypto-news.net
  
  New York, United States, August 5th, 2024, Chainwire Pawfury announced on X (previously known as Twitter) that it had successfully raised $4.9 million in its presale, marking its entry into the cryptocurrency sector. This event occurs amidst volatility in the broader cryptocurrency market. Achievements and Investor Belief Approaching the $5 million mark from investors, Pawfury’s…
  The post Pawfury’s Presale Advances Amid the Evolving Crypto Landscape appeared first on Crypto-Ne
  
  Read more

• Robinhood says its 24-hour trading ‘currently operating’

  05-08-2024 16:39 via cointelegraph.com
  Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule.
  
  Read more

• BitMind Launches Subnet in Bittensor to Combat the Growing Threat of Deepfakes

  05-08-2024 16:35 via crypto-news.net
  
  August 5th, 2024 – Coinscribble by Coinbound / BitMind is excited to announce the official launch of the BitMind Subnet, a new addition to the Bittensor ecosystem dedicated to the detection and mitigation of deepfakes.  With the spread of generative artificial intelligence (AI) posing severe challenges to privacy, security, and information integrity, the BitMind Subnet aims to improve digital trust. …
  The post BitMind Launches Subnet in Bittensor t
  
  Read more

• DeSci Project StarChain Achieves Major Milestone By Unifying 500 Terabytes of Astronomical Data

  05-08-2024 16:05 via crypto-news.net
  
  Zug, Switzerland, August 5th, 2024, Chainwire “We are thrilled to announce that we have achieved our first major milestone by unifying 500 TB of astronomical data on our platform. This will allow astronomers to more easily analyze massive datasets and uncover meaningful insights.” said Dr. Meijer, Chief Scientific Officer of StarChain. “Our platform is revolutionizing scientific…
  The post DeSci Project StarChain Achieves Major Milestone By Unifying 500 Terabytes of
  
  Read more

• Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say

  05-08-2024 16:01
  
  Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy; Fed will cut rates fast and hard in September, say bettors.
  
  Read more

• Cryptocurrency Prices And News: Bitcoin Dives To Six-Month Lows Amid Crypto Liquidations - Investor's Business Daily

  05-08-2024 16:00 via news.google.com
  Cryptocurrency Prices And News: Bitcoin Dives To Six-Month Lows Amid Crypto Liquidations  Investor's Business Daily
  
  Read more

• Cryptocurrency ETP Weekly Outflows Total $282.3 Million - Bloomberg Law

  05-08-2024 16:00 via news.google.com
  Cryptocurrency ETP Weekly Outflows Total $282.3 Million  Bloomberg Law
  
  Read more

• Market makers sold over $300M Ether as ETH price crashed below $2,200

  05-08-2024 15:45 via cointelegraph.com
  Ether's price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.
  
  Read more

Follow @CryptoNewslock on Twitter!