August 5, 2024 Solana Plummets 17% As SOL Hits $118: Is a Break Below Inevitable? Solana (SOL) is currently experiencing a significant decline, dropping over 17% and reaching the critical $118 support level. This sharp downturn has put considerable…
August 5, 2024 Will Bitcoin crash to $40K? Why investors are in a state of panic Bitcoin neared a decline below $50k for the first time since February. Global stock markets plummeted amidst Japan and Taiwan’s stock market crash. The…
August 5, 2024 Crypto market reels from Jump Trading’s massive Ethereum transfers Jump Trading’s recent transfer of millions in Ethereum to centralized exchanges has unsettled the crypto market. Over the weekend, the firm moved 17,576 ETH,…
August 5, 2024 Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns…
August 5, 2024 Jump crypto unstakes $314.8M Ethereum as ETH drops 30%: What’s going on? Jump crypto has unstaked and sold off millions of its ETH holdings. The firm still has over 34 million ETH staked. Jump Trading has…
August 5, 2024 Japan’s historic rate hike prompts yen carry trade unwinding, impacts global markets Quick Take The Federal Reserve recently maintained the federal funds rates at 5.25-5.50%. However, a continuation of poor US data, including weak US jobs data, has…
August 5, 2024 Bitcoin dives to six-month low as investors flee risk-on assets amid macroeconomic uncertainty Investors are fleeing perceived riskier assets like Bitcoin due to a challenging macroeconomic environment severely impacting the crypto market. Bitcoin‘s price plunged to a…
August 5, 2024 MATIC: Market Nosedive Leads To 30% Wipe In Value MATIC bulls fumbled the bag after the market panic that turned the correction phase into a nosedive. The latest market data shows MATIC took…
August 5, 2024 Bitcoin Miner Argo Blockchain Reports Steady Performance in July 2024 Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per…
August 5, 2024 Bitcoin dives below $60K, $56K support levels: Till where will BTC fall? Bitcoin plummeted past the $60k and $56k levels, which had been faithful support zones in recent months Sentiment was extremely bearish, and long-term investors…