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

August 5, 2024 by

Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.

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

August 5, 2024 by

Economics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama.

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

August 5, 2024 by

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.

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

August 5, 2024 by

Galaxy’s head of research expects the funds to see inflows as investors buy the dip.

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Robinhood says its 24-hour trading ‘currently operating’

August 5, 2024 by

Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule.

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

August 5, 2024 by

Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.

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Bitcoin price downside may last 2 months — Analysis

August 5, 2024 by

Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.

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Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK

August 5, 2024 by

Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts.

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Crypto market crash triggered by ‘aggressive’ selling by Jump Trading: Report

August 5, 2024 by

Jump Trading significantly contributed to the crypto market sell-off, and it could be looking to sell another $104 million worth of crypto.

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Crypto products shed $528M amid recession fears — CoinShares

August 5, 2024 by

As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.

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Over $1B wiped out in crypto liquidations as global markets suffer

August 5, 2024 by

Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations.

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Whales prepare for next altcoin rally, DeFi is ‘waking up’ — Finance Redefined

August 5, 2024 by

Crypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs.

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Analysts warn of further Bitcoin downside – could BTC revisit $42k?

August 5, 2024 by

Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark.

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Bitcoin on edge as economy falters: 10x report

August 5, 2024 by

Findings from a 10x Research report reveal potential Bitcoin value drop below $50,000 amid US economic uncertainty, impacting the broader crypto market.

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Was Warren Buffett right? 5 Things to know in Bitcoin this week

August 5, 2024 by

Bitcoin sees a giant $30,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway’s Apple sale takes on new meaning as stocks dive worldwide.

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Crypto hackers buy Ethereum dip using stolen funds

August 5, 2024 by

Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount.

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Bitcoin dips below $50K: Crypto market crashes 17%

August 5, 2024 by

BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion.

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Memecoin dumps, then pumps after Vitalik Buterin sells unwanted airdrop

August 5, 2024 by

The 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.

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Australian federal police to probe 2,000 exploited crypto wallets

August 5, 2024 by

Chainalysis’ Operation Spincaster found over 2,000 Australian-owned crypto wallets were hit by “approval phishing” scams.

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Bitcoin dominance hits 58% amid altcoin, stock market bloodbath

August 5, 2024 by

Bitcoin dominance has notched a new yearly high amid a brutal Ethereum-led sell-off.

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Bill proposes to give Secret Service more power to pursue crypto crime

August 5, 2024 by

Stronger threat assessments are needed to catch “seedy financial enterprises” facilitating money laundering schemes,” US Senator Charles Grassley said.

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Pro-crypto RFK Jr. once dumped a dead bear in New York’s Central Park

August 5, 2024 by

Robert F. Kennedy Jr. left the dead bear with an old bicycle, at a time when there was a rise of cyclist-related accidents across New York.

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Jump Crypto unstakes $315M of ETH, now headed to exchanges

August 5, 2024 by

Jump still holds at least $125 million of staked-Ether, blockchain data from Arkham shows.

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Bitcoin crashes below $53K wiping out $600M in leveraged longs

August 5, 2024 by

A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply.

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$300B plunge: Largest 3-day wipeout for crypto in a year

August 5, 2024 by

The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble in the equities market.

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2 reasons Solana and other altcoins ETFs may struggle — Sygnum Bank

August 4, 2024 by

Katalin Tischhauser, head of investment research at Signum Bank, has joined other commentators who suggested that spot Solana and Cardano ETFs are unlikely, though VanEck may disagree.

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OpenAI has a ‘highly accurate’ tool to detect AI content, but no release plans

August 4, 2024 by

The company expressed worries that its detection system could somehow “stigmatize” the use of AI among non-English speakers.

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Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?

August 4, 2024 by

Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.

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Musk says Neuralink will ‘give people superpowers’ as 2nd human gets implant

August 4, 2024 by

The brain-computer interface has already changed lives, but it’s unclear how it will give people eagle vision or make their neurons fire more quickly.

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Bitcoin eyes $58K CME gap next as 8% BTC price rout sees longs 'rekt'

August 4, 2024 by

BTC price weakness takes the market below $59,000 for the first time since mid-July as “relentless” Bitcoin selling pressure persists.

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