Bitcoin Plunges Under $60K; Crypto Bulls Lose $200M as Dogecoin, Solana Tokens Drop 10%
Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.
Financial
Financial
As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks
Former President Donald Trump shared some more thoughts on his recent crypto crush, and the campaign for Kamala Harris responded as it often has: It shared Trump’s own words.
Financial
Coinbase’s ‘Solid’ Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say
The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.
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MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
The broker raised its year-end price target for the software company to $2,150 from $1,875.
Financial
France Opens for MiCA Applications, First Among Biggest EU Economies
The French regulator has in the past welcomed crypto companies to register with it.
Financial
Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood
Likely also hitting prices was the movement of nearly $2 billion of BTC and ETH in wallets linked with Genesis Trading.
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Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC
The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
Financial
CoinDesk 20 Performance Update: Index Gains 1.2% With BCH and ETC Leading
Bitcoin cash rose 3% and Ethereum classic added 2.5%.
Financial
U.S. Added Just 114K Jobs in July, Unemployment Rate Shoots Up to 4.3%
The price of bitcoin initially showed little reaction to the soft veri even as traders quickly amped up bets on big Fed rate cuts in the second half of the year.
Financial
Crypto Exchange Bybit Withdraws From France in Response to Regulations
“It has always been Bybit’s primary objective to operate our business in compliance with all relevant rules and regulations,” the company said in its post.