Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,794,092,460,230.49
  • 24h Vol: $115,228,836,315.34
  • BTC Dominance: 58.26%

Bitcoin

bitcoin-slips-below-$59k-as-crypto-market-faces-$132m-in-liquidations

Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations

Leave a Comment / Bitcoin, BTC price drop, crypto derivatives, Crypto Hacked, Cryptocurrency, Ethereum, Liquidations, Market Downturn, Market Updates, market volatility, Solana, Trading Volume / / / , , , , , , , , , ,

On Sunday, bitcoin slipped below the $60,000 mark and dipped even further beneath the $59,000 range. The leading cryptocurrency touched an intraday low of $58,315, after previously hitting a high of $61,868 earlier in the day. Crypto Crash Course: Long Positions Take a Tumble in Sunday’s Wipeout Statistics show the broader crypto market saw a […]

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Queens Bitcoin Heist: Seven Charged With Grand Larceny and Money Laundering

Leave a Comment / Bitcoin, BTC, Cash App, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, grand larceny, Identity Theft, Mercedes-Benz, Money Laundering, News Bytes, News Bytes - 2 / / / , , , , , , , , , ,

Seven individuals have reportedly been indicted on charges of grand larceny, money laundering, and identity theft for stealing $300,000 in bitcoin from a Queens auto body shop owner. The victim’s 5.75 BTC, originally valued at $92,000, was taken by 20-year-old Aaron Peterson Jr. in November 2022 and later used to purchase luxury items, including a

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qcp-capital:-bitcoin-bounces-back-above-$60k-as-ethereum-struggles

QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles

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QCP Capital reports that bitcoin (BTC) has shown a strong recovery this week, stabilizing above the $60,000 range after a sharp drop below $50,000 on Monday. In contrast, the firm highlights a significant liquidity shift in ethereum (ETH), raising concerns about its current market standing. QCP Capital Reports Bitcoin’s Resilience Amid Volatility; Ethereum Faces Liquidity

QCP Capital: Bitcoin Bounces Back Above $60K as Ethereum Struggles Read More »

global-asset-freeze-targets-fugitive-‘cryptoqueen’-and-onecoin

Global Asset Freeze Targets Fugitive ‘Cryptoqueen’ and Onecoin

Leave a Comment / bank reserves, Bitcoin, BTC, Crypto, Crypto Hacked, Cryptocurrency, Economics, El Salvador, Ethereum, financial stability, fiscal stability, Governance, IMF, Nayib Bukele, Transparency / / / , , , , , , , , , , , ,

A London high court has announced a global asset freeze targeting Onecoin’s co-founder Ruja Ignatova and associates. Over 400 investors sought this legal action after losing millions in the Onecoin cryptocurrency scam. The asset freeze prevents further movement of Ignatova’s wealth, possibly aiding victims’ compensation. Onecoin’s Ruja Ignatova Faces Global Asset Freeze Amid Investor Lawsuit

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bitcoin-faces-‘mid-cycle-wipeout’-as-markets-plunge:-glassnode-report

Bitcoin Faces ‘Mid-Cycle Wipeout’ as Markets Plunge: Glassnode Report

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The latest report from onchain analysis firm Glassnode highlights a significant market downturn, marked by a 32% decline in bitcoin’s value, the largest drawdown of the current cycle. The study underscores the critical impact of this downturn on investor sentiment and the broader market dynamics. Glassnode Report: Bitcoin’s 32% Plunge Signals Mid-Cycle Market Low Glassnode‘s

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bitcoin-technical-analysis:-$50,000-support-under-siege-as-bearish-trends-persist 

Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist 

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Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq, and S&P 500 have also shown signs of correction,

Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist  Read More »

historic-drop-in-bitcoin-revenue-leaves-miners-struggling

Historic Drop in Bitcoin Revenue Leaves Miners Struggling

Leave a Comment / Bitcoin, Bitcoin (BTC), Blockchain, Crypto, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Hashrate, Mining, network, revenue, Transaction Fees / / / , , , , , , , , ,

After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s

Historic Drop in Bitcoin Revenue Leaves Miners Struggling Read More »

several-2017-wallets-reactivate-in-august:-$28.2-million-in-bitcoin-on-the-move 

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move 

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In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month, sleeping bitcoin wallets from 2017 moved about 1,636.94 BTC through 23 distinct transactions.

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july-nft-sales-plummet-for-second-consecutive-month

July NFT Sales Plummet for Second Consecutive Month

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In July, the non-fungible token (NFT) market experienced a 36.6% drop in sales compared to June. Over the month, NFT sales reached $429.46 million, while the number of NFT buyers fell by 46.24% from the previous month. NFT Market Sees Continued Decline in July With Fewer Buyers and Sellers July marked the second consecutive month

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ditobanx-and-icp-hub-mexico-launch-initiative-promoting-cryptocurrency-use-at-universities

Ditobanx and ICP Hub Mexico Launch Initiative Promoting Cryptocurrency Use at Universities

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Ditobanx and ICP Hub Mexico recently partnered to launch an initiative promoting the use of cryptocurrencies at Mexican universities. As part of this program, over 4,000 students received $5.42 (100 pesos) worth of Ckbtc, the so-called bitcoin twin, to use at campus cafes, restaurants, and copy shops. Boosting Cryptocurrency Usage at Mexican Universities Salvadoran fintech

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