Dogwifhat open interest declines 28% amid fears of a $1.50 'likely retest'
Crypto traders claim that Dogwifhat will "likely retest" the critical support level as its price and open interest have both plummeted since July 27.
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🚨 Global recession concerns wipe out $2.9 trillion from stocks, marking the worst day since the 2020 COVID crash.
Meanwhile, the Nasdaq 100 is down over 10% from its peak. 📉
🔍 What would you do if you turned $8,500 into $800,000 in just one hour?
That’s exactly what happened with a Solana memecoin trade that has everyone talking.
Join us on this week’s Rise’n’Crypto as we dive into this jaw-dropping trade flagged by Lookonchain.
Listen now!
📉 Ethereum is facing bearish signals, with its price dipping below the key 200-day moving average.
Despite a $26.7 million inflow on Aug. 1, from spot Ethereum ETFs, ETH has declined 10% since their approval.
Ethereum ETF flows flip positive even as ETHE total outflows top $2B
Ether ETFs posted a net inflow of $26.7 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.
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MicroStrategy’s Q2 earnings reveals Bitcoin stockpile now $14.7B
MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the second quarter.
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🇭🇰 JUST IN: Hong Kong’s largest online broker launches Bitcoin and Ether trading for 22 million users.
Читать полностью…NEW: Notcoin, in collaboration with NFT collection Lost Dogs and TON-based NFT marketplace Getgems, is set to launch a story-driven Web3 game.
This marks a shift from their previous tap-to-earn model to a more sustainable and engaging ecosystem.
Are you bullish on Notcoin?
👍 - Yes
👎 - No
💰 Ripple has invested $10 million in OpenEden’s initiative to bring tokenized U.S. Treasury bills (T-bills) to the XRP Ledger, marking a significant advancement for traditional finance (TradFi) on a decentralized platform.
This move underscores the growing trend of tokenizing real-world assets (RWAs) to drive institutional access to decentralized finance. 🚀
🥷 In July, hackers stole $266 million from the crypto ecosystem through 16 attacks.
Indian exchange WazirX was the hardest hit, losing over $230 million to North Korean hackers. Other notable victims included Compound Finance ($24M), Li.Fi Protocol ($10M), Bittensor, and Rho Markets ($8M each).
Most stolen funds were moved to Tornado Cash to evade detection. 🧐
Trump’s Bitcoin sneakers are already on eBay for $2,500
Scalpers are already trying to sell Donald Trump’s just-released limited edition Bitcoin-themed sneakers on eBay for $2,500.
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🚨 JUST IN: Federal Reserve holds interest rates at 5.25%-5.5% amid signs of inflation easing; maintains cautious tone on future cuts as they progress toward a 2% target.
Читать полностью…💰 JUST IN: According to the Tether's latest report, the company has generated a record $5.2 billion net profit in the first half of the year.
Читать полностью…💰 More companies are now looking to add Bitcoin to their balance sheets, following in the footsteps of MicroStrategy.
As Bill Miller IV noted at the Bitcoin Conference,
'If you continue to see Bitcoin gain adoption, which it has a 15-year track record of doing, not owning it is a bad idea.’’
🗞 Missed the news? Here's what's happened over the last 24 hours!
💰 MicroStrategy’s Q2 earnings reveals Bitcoin stockpile now $14.7B
🥷 DeFi protocol removed an important line of code that led to a $212K hack
📈 Ethereum ETF flows flip positive even as ETHE total outflows top $2B
❌ 98.6% of memecoins on pumpdotfun fail to even launch.
📉 Ethereum is facing bearish signals, with its price dipping below the key 200-day moving average.
🚨 The FBI has issued a warning about scammers impersonating crypto exchange employees to steal funds.
🔍 What would you do if you turned $8,500 into $800,000 in just one hour?
🎙️ Decentralized: Unpacking the Crypto Rollercoaster with Andrew Chow
🌚 Bitcoin is entering a historically challenging period in Q3, with August and September often seeing weaker performance.
🚨 Global recession concerns wipe out $2.9 trillion from stocks, marking the worst day since the 2020 COVID crash.
Bitcoin is entering a historically challenging period in Q3, with August and September often seeing weaker performance.
The recent 6% drop in Japan’s Nikkei, mirroring “Black Monday” 1987, adds to global market concerns.
Will $BTC stay strong or take a hit?
👍 - Stay Strong!
👎 - Take a Hit!
🎙️ Decentralized: Unpacking the Crypto Rollercoaster with Andrew Chow
Join us as we dive into the highs and lows of the industry with TIME magazine journalist Andrew Chow, author of Cryptomania.
Discover the origins of crypto, the hype cycles, and the dramatic collapse of FTX.
🎧 Listen now on Spotify, Apple Podcasts, or Cointelegraph’s podcast page!
🚨 The FBI has issued a warning about scammers impersonating crypto exchange employees to steal funds.
These fraudsters are contacting users, claiming urgent account issues to trick them into revealing personal information or clicking malicious links.
❌ 98.6% of memecoins on pumpdotfun fail to even launch.
Since May, the percentage of pumpdotfun memecoins making it onto Solana-based DEX Raydium has stayed between 1.21% and 1.41%, according to Dune Analytics data.
Are you still investing in memecoins?
❤️ - Yes
⚡️ - No
DeFi protocol removed an important line of code that led to a $212K hack
The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.
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🗞 Missed the news? Here's what's happened over the last 24 hours!
👟 Trump’s Bitcoin Sneakers on eBay for $2,500
📉 Bitwise: 'Not Bullish Enough' on Crypto
🕵️♂️ Hackers Stole $266M from Crypto in July
💸 Will $100M BTC Support Prevent Drop to $61K?
💵 OpenEden Launches Tokenized T-Bills on XRP Ledger
🎮 Notcoin to Launch Web3 Game with Lost Dogs and Getgems
📊 Crypto.com Surpasses Coinbase in Trading Volume
🇺🇸 Is the US Preparing a Game-Changing Bitcoin Move?
🌐 Hong Kong Broker Offers Bitcoin, Ether Trading to 22M Users
📈 JUST IN: Crypto.com surpasses Coinbase in trading volume as institutional demand grows
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs.
🎙️ Is the US about to make a game-changing move in Bitcoin?
Senator Cynthia Lummis has introduced a historic Bitcoin Strategic Reserve bill, aiming to secure 1 million Bitcoin under the US Treasury.
Discover how this bold proposal could reshape the future of Bitcoin and tackle rising inflation and national debt.
Listen now! 🎧
🧐 Will $100M BTC price support help Bitcoin avoid a drop to $61K?
Bitcoin is experiencing intense order book activity as bulls strive to avoid a dip to $61,000. Current support around $63,300 holds nearly $100 million in orders. This could be a strategic move to drive prices higher.
Analysts observe significant liquidity below $63,400, potentially fueling a rebound.
Bitwise says 'we’re not bullish enough’ amid political sway to crypto
Bitwise’s Matt Hougan said the idea that US politicians are even considering Bitcoin as a reserve asset is a monumental step given it felt more like a “daydream” a year ago.
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🗞 Missed the news? Here's what's happened over the last 24 hours!
🔒 Starknet's ZKX protocol shuts down due to low users
📉 SEC likely still considers SOL a security, say crypto execs
💸 Mt. Gox moves $3B in Bitcoin – here's why the price stayed steady
📈 Spot Ethereum ETFs turn positive after $34M inflow on July 30
🐻 Bitcoin bears in control with lower highs at $70K
💰 $35T US debt could boost Bitcoin as 'hard money
💹 Tether reports record $5.2B profit in first half of 2024
💳 Digital euro to be 'most private' payment option
👩💼 Women in crypto are earning 15% more than men
🏦 More companies adding Bitcoin to balance sheets after MicroStrategy
👟 Donald Trump launches limited edition Trump Bitcoin sneakers
📊 Federal Reserve holds rates at 5.25%-5.5% amid inflation easing
The European Central Bank (ECB) claims the digital euro will be the most private electronic payment option, addressing privacy concerns as it progresses towards a potential launch in 2025.
Critics fear government overreach and question the ECB's transparency.
The ECB insists it will comply with strict privacy laws and oversight, but some believe the potential for misuse remains.
Will you use digital euro in the future?
👍 - Yes
🌚 - No
🇺🇸 NEW: Donald Trump just announced that he is launching Limited Edition Trump Bitcoin Sneakers. Each pair is numbered and can be purchased with Bitcoin or “your favorite cryptocurrency.”
Читать полностью…Women in the crypto space are making nearly 15% MORE than their male counterparts! 💸
Join us on this week’s Rise’n’Crypto Podcast as we unpack the latest survey from Pantera Research Lab that flips the gender pay gap on its head.
Discover how women are shattering the glass ceiling and earning top dollar in the crypto world.
Listen now! 🎧