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...
Day: 5 August 2024
Wharton Professor Calls for Emergency Rate Cut Following Market Downturn
Jeremy Siegel, a finance professor and chief economist, has called for an emergency 75 basis point cut in the fed...
Market Panic: Bitwise CIO Reflects on Bitcoin’s Resilience Amid Market Turmoil
The chief investment officer at asset management firm Bitwise has addressed the current market downturn, drawing parallels with the market...
Latam Insights Encore: El Salvador’s Proposal Opens the Door for Crypto-Based International Settlements
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week....
Saudi Arabia Becoming Hub for Web3 Startups Seeking Investment, Report Says
Saudi Arabia’s emergence as a top venture capital investment destination in the Middle East and North Africa offers an opportunity...
US government transfers 300 ETH — Arkham Intelligence
The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.
Crypto market’s ‘perfect storm’ can lead to further massive capitulation
A rapid decline in the traditional markets has spread to cryptocurrencies, obliterating them with a significant drop in all major...
Ethereum price recovery from 8-month low could take longer than expected — Analysts
Several factors accelerated ETH’s drop to $2,100, and analysts warn that the recovery could take some time.
Following the Crypto Downturn, Market Observers Predict a 2020-Style Comeback
Over the past 24 hours, as market values have declined significantly, many observers have begun discussing the current crypto market...
Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account
Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and...
Final 24 Hours of 99Bitcoins Token’s Presale Underway as Crypto Education Giant Raises $2.6M
99Bitcoins is making its move into tokens – but time is running out. They’ve already pulled in over $2.6 million...
‘Yen Carry Trade’ Blamed for Global Market Rout, Jump Crypto’s ETH Sale Worsens Ether Plunge
The narrowing Japanese “yen carry trade” has been blamed for the Aug. 5 global market downturn that sent stock markets...
Price analysis 8/5: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Global equity markets witnessed a massive sell-off, pulling Bitcoin and several major cryptocurrencies to unexpected lows.
Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation...
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...
