Meme coins have made a dramatic comeback in the past 24 hours. After a brutal downturn, these tokens are on the rise again, led by Brett, Pepe, and the upcoming Base Dawgz. Brett Bounces Back from Key Support Level Brett (BRETT) has experienced a remarkable turnaround. This Base chain token has bounced back to $0.095, […] Source: https://news.bitcoin.com/meme-coin-prices-rebound-as-brett-pepe-base-dawgz-see-big-gains/
Month: August 2024
Markets blow up, so ‘the best prep is to have a plan to buy fear and sell euphoria’ — Veteran trader
Pear Protocol founder HUF says “a limited pool of capital constantly rotating between narratives” is a clear sign of “late cycle behavior.” Source: https://cointelegraph.com/news/markets-blow-up-so-the-best-prep-is-to-have-a-plan-to-buy-fear-and-sell-euphoria-veteran-trader?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kamala Harris VP Pick Tim Walz Upsets $123 Million Crypto Betting Pool
Users of crypto-backed prediction market Polymarket were overwhelmingly taken off guard this morning by Kamala Harris’ choice of Minnesota Governor Tim Walz—a dark horse contender—as her running mate, upending millions of dollars worth of bets. For the last week, Pennsylvania Governor Josh Shapiro was the market’s runaway favorite, commanding odds above 60% until just minutes before Harris instead chose Walz…
Bitcoin and Ethereum ETFs May Reduce Market Volatility, Providers Say
On Monday, global markets experienced extreme volatility with Bitcoin falling below $55,000, Ethereum slipping to $2,200, and over $1 billion worth of liquidations taking place. But exchange-traded fund (ETF) providers think the introduction of institutional investors may have calmed volatility. “ETFs help dampen volatility by bringing more investors into the market, providing additional liquidity for buying and selling the asset,”…
Ubisoft Reveals ‘Captain Laserhawk’ Game on Ethereum Layer-2 Arbitrum
Assassin’s Creed and Just Dance publisher Ubisoft will make its next big step into the crypto gaming world on Ethereum layer-2 scaling network Arbitrum, as the company announced Tuesday that it is working on Captain Laserhawk: The G.A.M.E. Based in the same universe as the Netflix animated series “Captain Laserhawk: A Blood Dragon Remix”—itself loosely inspired by the 2013 game…
BTC price chart shows Bitcoin can match $49.5K lows within days
BTC price action has a habit of “filling” downside wicks within days or weeks, the Bitcoin daily chart shows. Source: https://cointelegraph.com/news/btc-price-chart-bitcoin-match-49-5-k-lows-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
World's largest Bitcoin miner increased BTC holdings by $124M in July
Marathon Digital holds over $1.1 billion worth of Bitcoin after the company decided to go full ‘HODL.’ Source: https://cointelegraph.com/news/marathon-digital-bitcoin-holdings-july-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
iShares BTC ETF investors weather major price drop with zero flows
The Bitcoin ETF from iShares saw a rough entry into the week with the asset down by 14% yet, according to market analysis — no one budged. Source: https://cointelegraph.com/news/ishares-bitcoin-etf-investors-hold-steady-despite-drop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Spot Bitcoin ETFs See Red: Grayscale’s GBTC and Top Funds Hit Hard
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net […] Source: https://news.bitcoin.com/us-spot-bitcoin-etfs-see-red-grayscales-gbtc-and-top-funds-hit-hard/
Japanese firm Metaplanet to invest $58.76M in Bitcoin
Metaplanet Inc. allocates 8.5 billion yen for Bitcoin, enhancing its crypto treasury amid Japan’s market volatility. Source: https://cointelegraph.com/news/metaplanet-10b-yen-bitcoin-investment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound