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Lookonchain: Erm, actually the $2B of ETH was sold back in 2021
Lookonchain shared that Plus Token had begun moving nearly $2 billion in ETH but it turns out most of it had already been sold in 2021.
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🚨 Bitcoin Volatility at 20-Month High 🚨️️
Bitcoin’s volatility has surged to levels not seen since the FTX collapse, sparking speculation about a potential drop into the low $40,000s. Meanwhile, new tokens listed on Binance in 2024 are seeing significant losses. 📉
The SOL/ETH ratio has reached a new all-time high, and crypto PACs are making major investments in the upcoming US elections. 📊
What’s driving these market trends, and what can we expect next? Get the latest insights on these developments and more on today’s Rise’n’Crypto podcast.
Don’t miss it!
Bitcoin enters ‘ghost month’ with a 20% flash crash to $49K, a recurring trend since 2017.
As $BTC rebounds, will history repeat with more volatility?
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'Something is happening' — Bitcoin hodlers scooped $23B in the past 30 days
On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump.
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🇯🇵 Japanese stock market rebounds following yesterday’s bloodbath that saw biggest daily losses since 1987.
Key indexes the Nikkei 225 and TOPIX have gained around 10.2% and 9.3% each, clawing back a large chunk of the losses from the day before.🔥
Speaking with CNN, Neil Newman, head of strategy at Astris Advisory in Tokyo noted this type of rebound is “typical after a market crash,” adding that:
“Importantly: Fundamentals are sound, the economy is doing fine, there is no evidence of abandoning Japanese equities.”
US senators urge CFTC to finalize ban on election betting
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.
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Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M
The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022.
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🗞 Missed the news? Here's what's happened over the last 24 hours!
🩸 $300B plunge: Largest 3-day wipeout for crypto in a year
🧐 Jump Crypto unstakes $315M of ETH, now headed to exchanges
📉 JUST IN: $BTC drops below $50K.
🩸 The start of the $BTC price decline resulted in $600 million in leverage-long positions taken by traders being wiped out.
🩸 MicroStrategy $MSTR and Coinbase $COIN down 25.07% and 17.82% pre-market.
🎙️ The Worst Monday Since 1987!
🚨 Major trading platforms are reportedly experiencing outages.
🗣️ Goldman Sachs’ Christian Mueller-Glissmann on the market’s ‘healthy correction’ and unexpected US data weakness.
🚨 BlackRock’s spot Bitcoin ETF hits $1.55 billion in trading volume in its first hour amid market crash.
🇺🇸 Biden's economic advisor Gene Sperling steps down.
🚨 The volatility index has experienced its third-largest spike in history, trailing only the 2008 financial crisis and the COVID-19 pandemic.
🇺🇸 While live with Adin Ross, Donald Trump mentioned that crypto "is a form of currency" and "China's already doing it, but if we don't do it, they're gonna do it."
🚨 The volatility index has experienced its third-largest spike in history, trailing only the 2008 financial crisis and the COVID-19 pandemic.
This spike in the volatility index shows growing fear in global markets.
🚨JUST IN: BlackRock’s spot Bitcoin ETF hits $1.55 billion in trading volume in its first hour amid market crash.
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🚨 BREAKING: Major trading platforms are reportedly experiencing outages.
• Fidelity
• E-Trade
• Vanguard
• TD Ameritrade
• Charles Schwab
🩸 JUST IN: MicroStrategy $MSTR and Coinbase $COIN down 25.07% and 17.82% pre-market.
Читать полностью…
📉 Bitcoin's price has plummeted nearly $20,000 in just a week, hitting its lowest point since February. Ethereum has also dropped 40%.
🇯🇵 The Nikkei 225 in Japan is experiencing its worst drop ever, adding to the global market chaos.
🍏 Berkshire Hathaway sold nearly half its Apple stake, adding to stock market jitters.
🇺🇸 The U.S. Federal Reserve might cut interest rates more aggressively than expected to stabilize the economy.
🩸 BTC is struggling below $50,000, with many short-term holders facing heavy losses.
🚨 JUST IN: Users are claiming that Robinhood has suspended 24-hour trading.
Have you checked? Can you still trade there now? Let us know!
🚀 Solana hits a new all-time high against Ethereum! 🚀
Solana's price surged to a new peak of 0.06211 $ETH on August 7, entering price discovery.
Analysts suggest that if $SOL can flip $148 into support, a rally to $200 is possible. Traders are optimistic, pointing to bullish patterns on various charts.
$SOL has outperformed major cryptocurrencies, gaining over 15% against Bitcoin since early August. However, it must secure $148 as support to avoid a potential drop below $100.
Will Solana hit $200 next? Share your thoughts! 💬
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⚡️BREAKING: Today’s the day!
Morgan Stanley advisers are officially allowed to offer Bitcoin ETFs to clients, marking a historic first for a major bank. 🚀
Do you think this is BULLISH or BEARISH for BTC?
👍- BULLISH
🤡- BEARISH
BlackRock's spot Ether ETF amasses nearly $900M since launch
BlackRock’s iShares Ethereum Trust, known also as ETHA, has almost hit $900 million in total inflows after just 11 trading days.
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Bitcoin speculators took a $850M hit during the recent price drop below $50K, while long-term holders sold just $600K.
Read more 👈
🚨 JUST IN: The Ronin Network bridge, which currently secures over $850M, has been paused while investigating a potential $10M (~4000 ETH) MEV exploit reported by white hats.
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What hidden potential does Bitcoin hold beyond finance? 💰
Uncover the answers in BitFuture: Bitcoin’s Evolution, a special series from the Decentralize with Cointelegraph podcast, in collaboration with PortaltoBitcoin.
In Episode 5, Chandra Duggirala, co-founder and CEO of PortaltoBitcoin, dives into emerging Bitcoin trends, their broader implications beyond finance, and their role as a settlement rail in millions of markets.
[Collaboration]
Listen now! 🎧
US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
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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Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt
Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.
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🇺🇸 While live with Adin Ross, Donald Trump mentioned that crypto "is a form of currency" and "China's already doing it, but if we don't do it, they're gonna do it."
In addition to presenting Donald Trump with a Rolex, Streamer Adin Ross also gave him a Tesla Cybertruck, wrapped with a photo of his assassination attempt.
🇺🇸 JUST IN: Biden's economic advisor Gene Sperling steps down.
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🗣️ Goldman Sachs’ Christian Mueller-Glissmann on the market’s ‘healthy correction’ and unexpected US data weakness.
What’s your take on the current market? 💬
🩸 The Worst Monday Since 1987!
This episode covers the biggest market crash since 1987. In 24 hours, the crypto market lost over $500 billion, Bitcoin dropped to $49K, and there were massive liquidations.
The S&P 500 also fell, and Bitcoin’s dominance jumped to 58%.
Tune in to understand this financial chaos! 🎧
📉 Biggest Losers of the Day:
🔻 Crypto:
Bitcoin: -15.91%
Ethereum: -21.55%
BNB: -17.84%
Solana: -19.16%
🔻 Memecoins:
Jasmy: -30.60%
BRETT: -29.81%
Dogwifhat: -29.51%
Lido: -29.17%
🔻 Stocks:
INTC: -26.97%
TEAM: -17.76%
SNBR: -17.39%
🌏 Global Markets:
Nikkei 225: -12.40%
Taiwan Stock Exchange: -8.40%
Update: Robinhood states their overnight trading session is fully operational.
Читать полностью…
🩸 Update: The start of the $BTC price decline resulted in $600 million in leverage-long positions taken by traders being wiped out.
Читать полностью…