Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,779,521,475,936.13
  • 24h Vol: $81,624,884,105.57
  • BTC Dominance: 58.38%

Cryptocurrency

bitcoin-technical-analysis:-btc-faces-continued-downward-pressure

Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure

Leave a Comment / bearish trend, Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, Market Capitalization, Markets and Prices, Moving Averages, Price Action, resistance levels, support levels, Technical Analysis, Trading Volume / / / , , , , , , , , , ,

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 […]

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privacy-concerns-worry-germany-about-the-possible-implementation-of-a-digital-euro

Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro

Leave a Comment / Bitcoin, Cash, Crypto, Crypto Hacked, Cryptocurrency, digital euro, Ethereum, European Central Bank, Germany, Privacy / / / , , , , , ,

While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information.

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tron-founder-justin-sun-links-meme-coin-push-to-usdt-liquidity

Tron Founder Justin Sun Links Meme Coin Push to USDT Liquidity

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, justin sun, Liquidity, Meme Coins, News Bytes, News Bytes - 4, tron, USDT / / / , , , , , , , ,

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

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hashrate-climbs-25-eh/s-in-8-days-as-bitcoin-miners-adjust-to-network-difficulty-reduction

Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction

Leave a Comment / Bitcoin, Blockchain, computational power, Crypto Hacked, Cryptocurrency, Difficulty Adjustment, Ethereum, hashprice, Hashrate, Miners, Mining, SHA256 / / / , , , , , , , , ,

While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days. Miners Increase Bitcoin’s Hashrate After Difficulty Decline

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stablecoin-market-expands:-$2.21b-uptick-in-8-days-fueled-by-tether’s-growth-spurt

Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt

Leave a Comment / Altcoins, Bitcoin, crypto economy, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, fiat-pegged coins, market expansion, PYUSD, Stablecoin Market, Tether, USDC, USDT growth / / / , , , , , , , , , ,

The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug. 18, 2024, the stablecoin economy expanded by

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x-ceases-operations-in-brazil-after-refusing-to-comply-with-censorship-orders

X Ceases Operations in Brazil After Refusing to Comply With Censorship Orders

Leave a Comment / Bitcoin, Brazil, Censorship, Crypto, Crypto Hacked, Cryptocurrency, Elon Musk, Ethereum, News Bytes, News Bytes - 4, X / / / , , , , , , ,

X’s Global Government Affairs Team reported on August 17 that the social network would be forced to shut down its local operations in Brazil due to judicial orders issued against its legal representative. The order, issued by Alexandre de Moraes, a member of the Supreme Federal Tribunal, would have this legal representative facing jail time

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google-faces-lawsuit-after-$5m-in-crypto-stolen-via-play-store-app

Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App

Leave a Comment / Advertising, Bitcoin, california, consumer protection, Crypto, Crypto Hacked, Cryptocurrency, cybercriminals, Ethereum, Google, Lawsuit, News Bytes, News Bytes - 2, play store, Regulation, Scam, Theft, Wallet, Yobit Pro / / / , , , , , , , , , , , , , , ,

A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing that portrayed the Play Store as a secure

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lemon-pioneers-fiat-crypto-interoperability-services-in-peru

Lemon Pioneers Fiat-Crypto Interoperability Services in Peru

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Exchanges, fiat-crypto, Interoperability license, lemon, Peru / / / , , , , , ,

Lemon, an Argentina-based cryptocurrency exchange and wallet, has received a license to allow fiat-crypto interactions in Peru. The exchange, the first to receive such a license in the country, now eases the processes required to deposit and exchange fiat for crypto, with users only needing a phone number for this task. Lemon Receives First Fiat-Crypto

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this-week’s-nft-sales-slump-11.66%—will-the-downtrend-turn-around?

This Week’s NFT Sales Slump 11.66%—Will the Downtrend Turn Around?

Leave a Comment / Bitcoin, Bitcoin NFTs, Blockchain, Crypto Hacked, Cryptocurrency, Digital Collectibles, Ethereum, Market Trends, Market Updates, nft, NFT Market, NFT sales, NFTs, Solana / / / , , , , , , , , , , ,

In the past week, non-fungible token (NFT) sales have dipped by 11.66%, totaling $81.7 million. Despite this decrease, there’s been a significant uptick in market activity: the number of NFT buyers has skyrocketed by 172.98%, while NFT sellers have also seen an impressive rise of 120.51% over the same period. NFT Market Chaos: Prices Drop,

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imf-economists-suggest-electricity-tax-to-lower-crypto-and-ai-environmental-impact

IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

Leave a Comment / ai, Bitcoin, Carbon, Crypto, Crypto Hacked, Cryptocurrency, Data Centers, Electricity, emissions, Ethereum, Featured, IMF, pollution, revenue, Tax / / / , , , , , , , , , , ,

International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027, leading to higher carbon emissions. Proposing a targeted electricity tax, the authors estimate a potential reduction in emissions by 100 million tons annually, while generating

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