Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss…
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…
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,…
Japan’s historic rate hike prompts yen carry trade unwinding, impacts global markets
Quick TakeThe Federal Reserve recently maintained the federal funds rates at 5.25-5.50%. However, a continuation of…
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…
Justin Sun Denies Liquidation Rumors, Announces $1 Billion Fund to Combat FUD
In his latest social media posts, Tron Founder Justin Sun addressed rumors about the liquidation…
Bitcoin rebounds off $49k as over $1 billion liquidated in 24 hours
Bitcoin experienced a sharp decline from $61,000 to $49,000 within 24 hours before rebounding to…
Pan-African Tech Firm Cassava Technologies Launches AI Unit
Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to…
Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating…
6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through…