Ethereum Sinks 22% as Crypto Market Cap Falls Below $2 Trillion
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Ethereum ETF Demand Might Look Weak But Bitcoin Comparison Isn’t Fair: JP Morgan

Spot Ethereum ETFs have gotten off to a rocky start, but drawing direct comparisons to Bitcoin’s much-hyped Wall Street debut isn’t all helpful, according to JP Morgan analysts. After launching July 23, nine investment vehicles for crypto’s second largest coin weathered $476 million in cumulative net outflows through August. Meanwhile, the asset’s price dropped 30% from around $3,400 to $2,400,…

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Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
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Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide

Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown. Meanwhile, the 10-2 year Treasury yield spread has […] Source: https://news.bitcoin.com/rising-yield-curve-and-jobs-miss-add-to-economic-jitters-stocks-and-bitcoin-slide/

Is GameStop Trader Roaring Kitty Actually Back—Or Are We Being Punked?
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GameStop Stock Spikes as Roaring Kitty Suggests He’s Dropping Chewy

Roaring Kitty is back after a two-month Twitter hiatus, with the meme stock influencer’s return causing the price GameStop (GME) to spike in value. But the post from the notorious meme stock influencer implies that he’s no longer interested in pet supplies retailer Chewy, causing its price to briefly plunge as a result. After two months of silence, Roaring Kitty—aka…

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Durov announces disabling personal geolocation from Telegram

Telegram’s “people nearby” feature has been suspected of being a way for state authorities to locate and track dissidents. Source: https://cointelegraph.com/news/durov-announces-the-disabling-of-media-uploads-to-telegraph-and-geolocation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K
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Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K

Bitcoin’s price took a dip below the $54,000 mark on Friday, as the cryptocurrency continued its downward trend over the past week. The value slipped by 3.5% compared to the previous day, reaching a low of $53,810, a level not seen since early August. Bitcoin Reaches a 30-Day Low Over the past 24 hours, bitcoin […] Source: https://news.bitcoin.com/crypto-market-chaos-93m-liquidated-in-4-hours-as-bitcoin-crashes-below-54k/