On Monday, the crypto economy held steady at $2.06 trillion, though it dipped by 2.26% in value over the last 24 hours. Bitcoin experienced a 2.5% drop this past week, while ETH saw a decline of more than 4% during the same period. Despite the downturn, some digital currencies managed to stand out, with superrare …
Continue reading “Crypto’s Weekly Winners and Losers: RARE Soars, MOG Slumps”
Crypto investors can’t stop talking about PlayDoge (PLAY) right now. This new P2E game, which combines old-school virtual pets with blockchain tech, is about to wrap up its presale phase. And with just a week left to snag tokens before launch, investors are jumping in while they can, believing this could be the next big …
Continue reading “P2E Sensation PlayDoge Enters Final Week of Presale After Raising Over $6M”
Indian crypto exchange Wazirx says cybersecurity firm Mandiant, a Google subsidiary, has confirmed that Wazirx team laptops were not compromised during the $230 million cyberattack. The exchange added that attention is now focused on custodian Liminal’s wallet infrastructure, and the investigation’s findings have been shared with law enforcement and other agencies to assist in recovering …
Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency recorded a trading volume of $9.5 billion, contributing to a market capitalization of $310 billion. Despite these figures, ethereum’s technical indicators reveal a bearish outlook, signaling caution for traders. Ethereum Ethereum’s daily chart paints a …
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As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance levels holding firm and technical indicators signaling weak buying …
Continue reading “Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure”
An analyst who accurately called the 2022 crypto collapse says that one token that rallied almost 280% last week could foreshadow what’s coming for the altcoin market. Pseudonymous analyst Capo tells his 100,883 followers on the instant messaging platform Telegram that he’s closely watching the native governance asset of the non-fungible token (NFT) marketplace SuperRare …
A widely followed crypto analyst says that Bitcoin’s (BTC) current correction is reminiscent of its price action about five years ago. In a new interview with financial and tech YouTuber David Lin, crypto strategist Benjamin Cowen says that the social risk metric indicates that the crypto king is following in the footsteps of its price …
Bitwise CIO Matt Hougan says that institutions are making their way over to crypto markets as the count of corporate holders of Bitcoin (BTC) exchange-traded funds (ETFs) grows. Hougan says on the social media platform X that “the institutions are still coming”, and he counts 1,924 holders of ETF pairs across all 10 of the …
Ethereum co-founder Vitalik Buterin has moved 400 ETH, worth about $1.05 million, to Railgun, a well-known crypto mixer, according to on-chain data from the Arkham Intelligence dashboard. The transaction, which took place on Aug. 19, was corroborated by Web3 analysis platform SpotOnChain, which stated that Buterin had transferred 662 ETH, approximately $1.91 million, to Railgun …
Continue reading “Vitalik Buterin transfers $1.05M in ETH to crypto mixer Railgun”
The decentralized prediction market platform Polymarket is seeing significant activity as traders speculate on the 2024 US presidential election outcomes between Kamala Harris and Donald Trump. The total volume has now reached $638,887,107, with $72 million for Harris and $80 million for Trump. Unlike traditional betting platforms, Polymarket allows users to buy and sell positions …
Continue reading “Bettors take profits causing US election odds to plummet on Polymarket”
Justin Sun, founder of the Tron blockchain ecosystem, clarified the reasons behind his drive to bring meme coins to the Tron network. According to Sun, the Tron blockchain has the upper hand compared to other chains, being home to $60 billion USDT. “No other blockchain protocol’s got a liquidity pool this massive,” Sun stressed, explaining …
Continue reading “Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity”
Ex-Goldman Sachs executive Raoul Pal believes that the US government accumulating millions of Bitcoin (BTC) is not all good news for the crypto king. During the recent Bitcoin2024 Conference, independent presidential candidate Robert F. Kennedy Jr. said that his administration would stockpile four million Bitcoin as a strategic reserve asset if he won the election. …
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Ollie of Blocmates answers many questions about Berachain, including what it is, why you should care, and what you should be paying attention …
The New Hampshire Bureau of Securities Regulation has issued a cease and desist order against Finstate Investment LLC, accusing it of defrauding investors via a fraudulent cryptocurrency investment website. Finstate allegedly misrepresented account activity and offered illegal guarantees against losses. A retired New Hampshire resident, persuaded via Facebook to invest $3,526 in cryptocurrency with Finstate, …
