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Crypto in ‘extreme fear’ as Arthur Hayes tips ‘sub $50K’ Bitcoin weekend
Crypto market sentiment dropped back into “extreme fear” amid Bitcoin’s price slump, with Arthur Hayes calling that it could drop again.
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⚡️JUST IN: Telegram CEO Pavel @Durov breaks his silence after his recent arrest.
In a recent Telegram post, Durov shares his side of the story.
If a country is unhappy with an internet service, the established practice is to start a legal action against the service itself. Using laws from the pre-smartphone era to charge a CEO with crimes committed by third parties on the platform he manages is a misguided approach. Building technology is hard enough as it is. No innovator will ever build new tools if they know they can be personally held responsible for potential abuse of those tools.Читать полностью…
🇺🇸 JUST IN: Donald Trump announces plans to launch a "government efficiency commission" and claims Elon Musk has agreed to take on the role.
Could this be bullish for crypto? 💭
🚨PRICE UPDATE: Bitcoin has just dropped below $56k.
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🚨 The CFTC hits Uniswap with charges for illegal crypto trading, but Commissioner Summer Mersinger fires back, accusing the agency of enforcing without clear guidelines for DEFI.
Could this spark a major fight over DeFi regulation?
Don’t miss it — listen now! 🎧
🧬 Ever wondered about the true value of your DNA data?
Join us on The Agenda podcast with Aldo de Pape, CEO of Genomes.io, as we uncover why giving away your genetic information for free might cost you more than you think.
Listen now on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify! 🚀
🤜🤛 Pavel Durov’s Telegram and Elon Musk’s X are competing for dominance in the crypto space, both advocating for free speech while facing government scrutiny.
While Telegram excels in fostering crypto communities and providing decentralized features, X is primarily known for breaking news and even influencing market trends through Musk’s posts.
Despite their differences, both platforms are pivotal in shaping how users engage with crypto in the social media space.
Which do you prefer?
🐳 - Telegram
⚡️ - X
🔥 - BOTH!
Bitcoin DeFi TVL will top Ethereum’s within 2 years: Core DAO contributor
Core DAO contributor Brendan Sedo says it’s a “no-brainer” that most of the $1 trillion dollars of capital in the Bitcoin ecosystem will make its way into sidechains and DeFi.
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🗞 Catch up on the news over the last 24 hours!
📉 Over Half a Trillion Dollars Erased in Market Cap by the Magnificent 7
🏛 Pro-XRP Attorney John Deaton Wins Republican US Senate Primary
📈 Trader Turns $5K into $670K on Ethereum Pump Rival Ethervista
⚖️ Maker’s Stablecoin Freeze Process Could Be Decided by Decentralized Court
📱 Samsung Next Enters Crypto
📉 Bitcoin's Price Shows 'No Clear Direction' Amid Active Address Decline
🇯🇵 Japan’s FSA Proposes Aligning Crypto Tax Rates with Traditional Assets
💵 Ripple Nearing Launch of USD-Pegged Stablecoin
🏦 Zürcher Kantonalbank Launches Crypto Trading for Retail Clients
⚠️ Solana Scam Warning: Tokens Disappearing in Seconds
🌐 Former Mt. Gox CEO to Launch EllipX Crypto Exchange in Europe
🚫 CFTC Issues Order Against Uniswap Labs for Illegal Trading of Digital Asset Derivatives
💰JUST IN: Former Mt. Gox CEO Mark Karpeles to launch new crypto exchange, EllipX.
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🇨🇭 BREAKING: Zürcher Kantonalbank launches crypto trading for retail clients.
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🇯🇵 JUST IN: Japan’s FSA wants to align crypto tax rates with traditional financial assets.
The proposed 2025 reform could cut taxes on crypto profits from 55% to 20% and allow loss carryovers.
🚨BREAKING: Samsung Next Just Entered Crypto
Samsung Next has invested in Web3 firm Startale Labs, partnering with Sony on Layer 2 blockchain development.
Trader turns $5k into $670K on Ethereum pump․fun rival Ethervista
The protocol’s native VISTA token briefly soared to a value as high as $30 million, netting one trader some serious profit.
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Over half a TRILLION dollars have been erased in market cap today by the Magnificent 7.
The last time we saw stocks erase this much, the total crypto market cap saw a ~30% correction between Jul 22 - Aug 5.
Do you think history will repeat itself? 👀
TIME Magazine released its 2024 list of the Most Influential People in AI, based on interviews with industry experts. But one major name is missing—Elon Musk.
The cover spotlights actress Scarlett Johansson, while notable figures like OpenAI CEO Sam Altman and co-founder Ilya Sutskever are not featured.
Despite his work with xAI and Tesla’s self-driving tech, Musk didn’t make the list. Why do you think he was left out? 🤔
🗞 Catch up on the news over the last 24 hours!
🛡 Angel Drainer Upgraded, Deploying 300+ Malicious DApps in 4 Days
📊 Bitcoin DeFi TVL to Top Ethereum’s Within 2 Years: Core DAO Contributor
📈 WIF Open Interest Jumps 16% as Trader Warns of Reversal
🤼♂️ Durov’s Telegram vs. Musk’s X: The Fight for Crypto Dominance
💸 Robinhood Reaches $3.9M Settlement Over Blocked Crypto Withdrawals
🧬 Ever Wondered About the True Value of Your DNA Data?
💳 Mastercard Enables Non-Custodial Crypto Spending in New Partnership
🚫 CFTC Hits Uniswap with Charges for Illegal Crypto Trading
✈️ Crypto-Native Travala Integrates with Skyscanner for 2.2M Hotels
📉 Bitcoin Dropped Below $56K
🗣 Mark Cuban Talks to Kamala Harris Administration “3 or 4 Times a Week”
🏛 Donald Trump Plans "Government Efficiency Commission," Elon Musk to Lead
🗣️ On CNBC, Mark Cuban says he talks to the Kamala Harris administration “3 or 4 times a week about the best approach to taxing the wealthy ...” and adds, “she came out yesterday and said 28% for capital gains ... which when I talked to them, I thought was fair.”
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🌐 JUST IN: Crypto-native travel platform Travala integrates with Skyscanner, gaining access to 2.2M hotels and 110M monthly users, marking Skyscanner's first crypto partnership.
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💳 JUST IN: Mastercard’s new partnership with Mercuryo introduces a euro-denominated crypto debit card, allowing users to spend from self-custodial wallets at over 100 million merchants.
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🇺🇸 JUST IN: Robinhood reaches $3.9 million settlement with California Department of Justice over blocked crypto withdrawals from 2018 to 2022.
$HOOD is up around 54.5% so far this year, driven by a retail trading rebound that followed the return of veteran meme stock trader Keith Gill earlier this year, who hadn’t publicly posted since 2021.
👀 Dogwifhat open interest has surged 16% as traders anticipate a potential price reversal, with the asset currently down 66% from its March all-time high.
Despite stagnant prices, analysts suggest a rebound could push the price back up to $2.40, representing a 52.80% spike.
Angel Drainer upgraded, deploying 300+ malicious dApps in 4 days
Notorious crypto phishing app Angel Drainer is back with a new system dubbed “AngelX” and it's easier to use and stealthier than ever before.
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🚨 The CFTC has issued an order against Uniswap Labs for offering illegal digital asset derivatives trading.
The order requires them to pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act (CEA), as charged.
🚨 Solana Scam Warning: Tokens Disappearing in Seconds! 🚨
Scammers have found a new way to burn your Solana tokens right after you buy them. Learn how it works and how to stay safe in our latest quick-hit episode.
🎧 Listen now on Rise n Crypto!
🚨 JUST IN: Ripple is nearing the launch of its USD-pegged stablecoin, according to CEO of Ripple, Brad Garlinghouse.
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Bitcoin's price shows 'no clear direction' amid active address decline
Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst.
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🧬 JUST IN: Rune Christensen, co-founder of Sky (formerly Maker) suggests a decentralized court could oversee the freeze process for their new stablecoin, USDS.
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Pro-XRP attorney John Deaton wins Republican US Senate primary
The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November.
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🗞 Catch up on the news over the last 24 hours!
🔍 Bitcoin at a Crossroads: Breakout or Breakdown?
🎮 50% of Telegram Gamers Are New to Crypto: Blum CEO
💰 WazirX Hacker Transfers $6.5M to Tornado Cash
🇺🇸 Robert F. Kennedy Jr.: Bitcoin as America’s Economic Future
⚖️ Binance CEO Criticizes Executive's ‘Inhuman’ Treatment
🖥 Ripple Integrates Smart Contracts, Enhancing XRP Ledger
🪓 Thieves Use Machete and Toblerone to Steal 23.5 BTC
📉 Bitcoin Nears $60K, but Traders Fear Bearish September
📊 Addresses Holding 1 BTC Near All-Time High Again