$83 Billion in Bitcoin in 24 Hours, Shiba Inu Confirms Death Cross, Ripple Unlocks Massive 500 Million XRP: Crypto News Digest by U.Today

What crypto news has the weekend brought? Read U.Today’s news digest to find out! дальше »

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Wharton professor Siegel urges 75bps rate cut as crypto plunges

Wharton professor Jeremy Siegel called for the Federal Reserve to deploy an emergency rate cut as liquidity fled cryptocurrencies and global markets on recession fears. Cryptocurrency markets dropped over $300 billion in 24 hours as assets like Bitcoin (BTC) and… дальше »

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Meme coins oversold as the crypto fear and greed index slips

Meme coins are imploding in a high-volume environment as the closely watched crypto fear and greed index slips to the fear zone. The total market cap of all cryptocurrencies slipped by 25% in the past 24 hours to $29.8 billion.… дальше »

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XRP Records 223% Spike in Volume as Crypto Liquidations Hit $1 Billion

$1.13 billion liquidated across crypto market in last 24 hours amid major sell-off дальше »

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Michael Saylor Issues Bitcoin Statement Amid $1 Billion Market Crash

Bitcoin fell to lows of $49,050, last seen in February this year amid global market sell-off дальше »

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Justin Sun Unveils $1 Billion Fund to Counteract FUD and Ethereum Liquidation Rumors

Amid rumors of his Ethereum liquidation, Justin Sun creates a $1 billion fund to combat FUD and provide liquidity to the crypto market. The post Justin Sun Unveils $1 Billion Fund to Counteract FUD and Ethereum Liquidation Rumors appeared first on BeInCrypto. дальше »

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Justin Sun pledges to create $1b fund to ‘combat FUD’ after facing $280m in losses

TRON’s founder Justin Sun appears unfazed by his nearly $300 million losses, having pledged $1 billion to combat FUD. Justin Sun, founder of the TRON ecosystem, has announced the creation of a $1 billion fund in an effort to “combat… дальше »

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Bitcoin slumps under $50K, losing 12% as broader financial markets in turmoil

Bitcoin experienced a sharp decline on Aug. 5, plummeting to $49,221 after maintaining a level of around $58,350 for almost two hours. At the time of writing, Bitcoin (BTC) had a daily trading volume of $79.5 billion, while its market… дальше »

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$1,000,000,000 Cryptocurrency Market Catastrophe: What Happened?

Market is clearly in dire state as liquidations exceed $1 billion for first time in years дальше »

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Crypto liquidations surpass $1b amid market-wide turbulence 

The cryptocurrency market has been wandering in bearish conditions, leading to over $1 billion in liquidations. According to data provided by Coinglass, total crypto liquidations have reached $1.06 billion, marking a 454% increase over the past 24 hours. Roughly 85%,… дальше »

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Crypto gets Monday blues: what’s next after drastic declines of BTC, ETH, Solana?

The crypto market has experienced its largest three-day sell-off in almost a year, shedding as much as $510 billion since August 2. This sharp decline coincides with a faltering performance from equities, with the S&P 500 falling as much as 4. дальше »

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MicroStrategy Plans to Sell $2 Billion in Shares to Buy More Bitcoin

MicroStrategy plans to sell $2 billion in shares to invest in Bitcoin, raising holdings to 226,500 BTC despite broader market negativity. The post MicroStrategy Plans to Sell $2 Billion in Shares to Buy More Bitcoin appeared first on BeInCrypto. дальше »

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XRP, TRX, HNT: Top cryptocurrencies to watch this week

Persistent bearish forces from two weeks ago continue to impact the cryptocurrency sector, which saw its global market cap suffer a substantial loss of $350 billion, decreasing by 10.4% to $2.15 trillion by the end of the week. Here are… дальше »

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Bitcoin reserve garners support, MicroStrategy seeks to raise $2b, startups secure $107m in VC | Weekly Recap

A Bitcoin reserve bill from Republican Senator Cynthia Lummis continues to receive a groundswell of support, but at least one critic calls it a “disaster.” Plus, MicroStrategy files to raise $2 billion to buy more Bitcoin, and crypto-related startups continue… дальше »

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Approval phishing scams ‘a much bigger problem’ than first thought

Since May 2021, a staggering $2.7 billion has been lost to approval phishing attacks — and a multinational operation led to one victim being identified in the middle of a scam. A widespread operation has been launched to thwart cybercriminals… дальше »

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Ethereum Price Falls Below $3,000 as Whales Sell $1.8 Billion Worth of ETH  

Ethereum's price is below $3,000 for the second time in two months and whales actions could lead to further decline The post Ethereum Price Falls Below $3,000 as Whales Sell $1.8 Billion Worth of ETH   appeared first on BeInCrypto. дальше »

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Massive 500 Million XRP Unlocked by Ripple as XRP Gains 5.56%

Ripple giant has unloaded half billion XRP as price attempts to break out дальше »

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Ethereum - Genesis makes $127M move, but where does that leave traders?

ETH has seen large transfers over the last 24 hours Its Open Interest remained in the $14 billion range Recently, significant amounts of Ethereum were transferred from Genesis, adding to theThe post Ethereum - Genesis makes $127M move, but where does that leave traders? appeared first on AMBCrypto. дальше »

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Polymarket's $1 billion win - Is 'Trump vs Harris' solely responsible?

Polymarket's cumulative trading volume crossed $1 billion Weekly active users hiked by over 14x as well It's been a busy, largely fruitful year for the crypto-space and its community. Not onThe post Polymarket's $1 billion win - Is 'Trump vs Harris' solely responsible? appeared first on AMBCrypto. дальше »

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Ethereum ETF inflows turnaround: 'ETH is just getting started!'

The 1st of August saw a $26.7 million net inflow into U.S. Ether ETFs, led by ETHA. Grayscale Ethereum Trust (ETHE) faced $2 billion in outflows, marking a significant investor shift. DespitThe post Ethereum ETF inflows turnaround: 'ETH is just getting started!' appeared first on AMBCrypto. дальше »

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Genesis concludes bankruptcy with $4b creditor payout

Genesis Global and affiliated entities have begun disbursing $4 billion in creditor payouts following the completion of their restructuring process. According to an Aug. 2 statement, crypto lender Genesis Global started repayments to over 100,000 creditors after declaring bankruptcy in… дальше »

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Crypto Industry Suffers Over $1 Billion in Hack and Fraud Losses in 2024: Report

In 2024, the crypto industry lost over $1 billion to hacks and fraud, according to Immunefi report. The post Crypto Industry Suffers Over $1 Billion in Hack and Fraud Losses in 2024: Report appeared first on BeInCrypto. дальше »

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VanEck CEO: 'Bitcoin will be half of gold market cap,' can hit $350K

BTC could hit $350k per coin, per VanEck CEO.  Peter Brandt tips both BTC and gold as a store of value.  Jan Van Eck, CEO of $107 billion asset manager VanEck, sees Bitcoin hitting $350k aThe post VanEck CEO: 'Bitcoin will be half of gold market cap,' can hit $350K appeared first on AMBCrypto. дальше »

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$164 Billion: Tether (USDT) Drives Stablecoin Growth to 2-Year High

Major milestone reached by stablecoin market дальше »

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MicroStrategy and BlackRock Will Sell Their Bitcoin, Peter Schiff Believes

$36 billion Bitcoin to be sold by BlackRock and MicroStrategy? Peter Schiff says yes дальше »

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653 Billion Shiba Inu Mystery Stuns Crypto Community

Crypto community amazed by huge Shiba Inu mystery дальше »

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Whale Transfers $4.2 Million PEPE To Binance – Selling Pressure Ahead?

Recently, a massive transaction shook the digital currency ecosystem. A prominent whale transferred 400 billion PEPE tokens—worth about $4. 22 million—to Binance. Related Reading: GRT Market Signals 12% Drop: Is A Turnaround Possible? Strategically timed among the general negative market mood, this move seems to be a deliberate one for partial profit booking. дальше »

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Solana’s July DEX volume exceeds Ethereum amid wash trading concerns

The Solana network outpaced Ethereum in monthly decentralized exchange (DEX) volume in July, according to DefiLlama data. Solana’s DEX transactions reached $55. 8 billion, surpassing Ethereum’s $53. дальше »

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The secret behind Toncoin’s success

Toncoin has been on an unstoppable run so far this year, with Telegram now on the brink of attracting one billion monthly active users. But will it last? The rankings of the world’s biggest cryptocurrencies by market cap don’t change… дальше »

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MicroStrategy's Bitcoin bet: After $800M BTC in July, eyes an extra $2B

MicroStrategy added 12,222 BTC in Q2, worth over $800 million.  The firm planned to invest an extra $2 billion in BTC, a potential 15% increase in its investment.  MicroStrategy revealed tThe post MicroStrategy's Bitcoin bet: After $800M BTC in July, eyes an extra $2B appeared first on AMBCrypto. дальше »

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$83 Billion in Bitcoin (BTC) in 24 Hours: What's Happening?

Crypto community witnessed huge surge in Bitcoin trading activity дальше »

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MicroStrategy to raise $2 billion for Bitcoin purchase amid $123 million Q2 loss

MicroStrategy, the world’s largest corporate Bitcoin holder, is looking to fatten its BTC reserves by selling a portion of its class A shares. The announcement came as the firm reported a net loss of $123 million in the second quarter of 2024. дальше »

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Cardano (ADA) Price Reclaiming $0.40 Would Save $3 Billion Worth of Profits  

Cardano's price is currently suffering from losses and bearishness but the investors optimism could bring the price back up. The post Cardano (ADA) Price Reclaiming $0.40 Would Save $3 Billion Worth of Profits   appeared first on BeInCrypto. дальше »

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Over One Billion XRP Shuffled by Ripple in 24 Hours

500 million just unlocked from XRP escrow дальше »

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MicroStrategy seeks raising $2b to buy more Bitcoin

MicroStrategy is seeking to raise $2 billion by selling its class A shares to buy more Bitcoin as well as repay debt. MicroStrategy, the world’s largest public Bitcoin (BTC) holder, filed a regulatory filing on Aug. 1, seeking to raise… дальше »

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Mt. Gox Bitcoin Distribution Nears Its End Following $2 Billion Move, How Much Is Left?

Defunct Japanese-based Bitcoin exchange, Mt. Gox, has executed another massive BTC transfer, moving over $2 billion worth of BTC to crypto wallet addresses.  The exchange’s repayment plan is nearing its end, experiencing a significant reduction in its previously substantial distribution funds. дальше »

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CRAZY $80 Billion Wiped Out From Crypto Market, But These RWA Altcoins Hold Strong

In a shocking turn of events, the cryptocurrency market has seen colossal losses, erasing $80 billion in value. Amidst this turmoil, a few resilient RWA altcoins have withstood the storm. The upcoming article reveals which altcoins are not only surviving but also poised for potential growth. дальше »

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Coinbase’s $1.45 billion Q2 revenue exceeds estimates despite decline in transaction revenue

Coinbase reported total revenue of $1. 449 billion for the second quarter, beating the market consensus estimate of $1. 396 billion. Its total income for the same period last year was $674. 1 million. дальше »

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Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B

Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period. дальше »

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PEPE sell-off incoming? Whale moves 400 billion tokens to Binance

PEPE breaches the major support level of $0.00001075; analysts hint at another 20% fall in the coming days. $13.8 million in short positions will be liquidated if PEPE soars to the $0.0000118 lThe post PEPE sell-off incoming? Whale moves 400 billion tokens to Binance appeared first on AMBCrypto. дальше »

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Michael Saylor's MicroStrategy Bought 169 Bitcoin For $11.4 Million In July

The company now owns 226,500 BTC worth $14.4 billion. дальше »

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Tether stablecoin USDT records $5.2B H1 2024 profit - What it means for you

Tether's USDT maintained robust growth in Q2, contributing to a revenue push above $5 billion. We uncovered key areas that have been driving Tether’s numbers. Tether [USDT] recently discloThe post Tether stablecoin USDT records $5. дальше »

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Does the US Government’s 54 Billion Shiba Inu Holdings Signal Trouble Or Massive Boost for the SHIB Army?

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Solana flips Ethereum DEX volume with $55b

Solana has surpassed Ethereum for monthly decentralized exchange (DEX) trading volume for the first time in crypto history. Solana (SOL) DEX volume hit $55.8 billion in July, outpacing on-chain trading activity on Ethereum (ETH) between July 1 and July 31,… дальше »

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OpenEden launches tokenized T-Bills on XRP Ledger with $10M investment from Ripple

OpenEden launches tokenized T-bills on XRP Ledger with Ripple’s $10 million investment. TBILL tokens are backed by US T-bills and require KYC and AML compliance. $1. 5 billion in tokens, including $609 million XRP, are set to unlock in August. дальше »

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$6.5 Billion ADA in One Day: Cardano Rivals Ethereum

This impressive figure puts Cardano almost on par with Ethereum дальше »

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Major PEPE Whale Takes Profits: $5.85 Million Gain

PEPE about to see significant surge of selling pressure if all of those 400 billion get sold immediately дальше »

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Online casinos will generate more revenue in the UK this year than in the US, new data reveals

UK online casinos forecast to generate $6. 468 billion in revenue in 2024, surpassing USA’s $6. 29 billion UK has higher user penetration (17. 4%) and ARPU than the US (9. 4%), which offsets smaller population The rise of non-GamStop casinos offers flexibility but poses regulatory and safety risks. дальше »

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Tether Reports Record-Breaking $5.2 Billion Net Profit In Latest 2024 Audit

Tether, one of the largest crypto companies in the industry and issuer of the most widely used stablecoin USDT, has released its attestation report for the first half of the year, recording substantial gains that amount to nearly $1 billion per month. дальше »

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Grayscale Ethereum ETF suffers nearly $2 billion outflow since debut

Grayscale's Ethereum ETF outflows highlight investor preference for lower-fee alternatives, impacting market dynamics and fund strategies. The post Grayscale Ethereum ETF suffers nearly $2 billion outflow since debut appeared first on Crypto Briefing. дальше »

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