Ethereum Under Fire as Bearish Sentiment Intensifies
TL;DR Massive Sell-Off: BlockTower Capital sold 9,232 ETH (~$25 million), causing significant bearish pressure on Ethereum. Technical Concerns: Ethereum faced resistance at $2,700 and risks...
Tag : Crypto Market
Bitcoin Suffers Pressure from Whales
TL;DR Whales have liquidated over 10,000 BTC, equivalent to $600 million, creating downward pressure on the market. Bitcoin remains in a consolidation phase around $59,000,...
Crypto Insiders Score Big with Trump Token Before Market Collapse
by jose
TL;DR The cryptocurrency Restore the Republic (RTR) plunged 95% in value after Eric Trump denied any connection to the token, which had initially surged to...
Bitpanda Report: Switzerland Leads as Gen Z and Millennials Drive Europe’s Crypto Boom
by Fernando
TL;DR 23% of the Swiss population owns cryptocurrencies, while Italy has the lowest adoption rate at just 9%. Millennials and Generation Z are the most...
Ripple Partners with DIFC Innovation Hub to Accelerate Blockchain Adoption in the UAE
by Fernando
TL;DR Partnership with DIFC Innovation Hub: Ripple partners with the DIFC Innovation Hub to drive blockchain innovation in the United Arab Emirates (UAE). Investment Commitment:...
Bitcoin ETF from iShares Faces Rough Week, Market Remains Unshaken
by jose
TL;DR The Bitcoin ETF managed by iShares (IBIT) had a rough start to the week, dropping 14% at the market opening on August 5, following...
Ark Invest Strengthens Its Position in Coinbase Amid Volatility
by Fernando
TL;DR Ark Invest purchased Coinbase shares: Ark Invest acquired 93,797 Coinbase shares, worth $17.8 million, on August 5, 2024. Portfolio rebalancing: Ark also bought Robinhood...
Bitcoin Plunges Below $50,000. Richard Teng Remains Optimistic About Recovery
TL;DR Bitcoin briefly fell below $50,000 after a 21% drop since early August, with liquidations exceeding $1 billion in the last 24 hours. Richard Teng,...
Crypto Black Monday: $1 Billion in Liquidations as Market Crashes
by jose
TL;DR Whale Liquidations and Market Turmoil: A whale portfolio with a long position in Ethereum (ETH) contracts faced liquidations totaling 7,467.5 ETH (approximately $22.3 million)....
