Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.
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It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.
The former president continues to stress that if the United States does not innovate in the digital asset sector, other countries will.
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.
Crypto traders appear to agree that today’s market rout is far from over.
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?
The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.
Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.
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.
Musk claims he was misled about the ChatGPT creator’s true purpose.
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.
Jump Trading’s aggressive Ether sell-off, coinciding with Japan’s market crash, raises questions about its strategy and market exit.
Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
Over the weekend, more than $1 billion in futures positions were liquidated from the crypto markets as fears of a looming recession intensified.
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.
Economics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama.
Galaxy’s head of research expects the funds to see inflows as investors buy the dip.
Ether’s price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.




















