Category: Crypto News

Crypto whales gear up for the next “altcoin season” as DeFi loans resurge, reaching levels unseen since 2022. Morpho Labs secures $50M funding, while Terra blockchain halts operations.

The cryptocurrency market faces sharp losses similar to global equities, leading to over $1B in liquidations. Crypto market capitalization dropped 15.80% as Bitcoin and Ether fell.

Cryptocurrency analysts warn that Bitcoin could drop to $42,000. Bitcoin fell 12.8% in 24 hours, reaching a five-month low of $52,369. Key support levels are crucial for preventing further decline.

10x Research warns that Bitcoin could drop below $50,000 amid US economic fragility, weak fiat-to-crypto ramps, and potential stock market corrections.

Bitcoin saw a 19% drop in August. Factors include the Bank of Japan’s interest rate hike and a pattern of lower highs. Key support levels are $48,000 and $44,000.

Bitcoin’s dramatic $20,000 plunge within a week has left the cryptocurrency community reeling. Ethereum also dropped 40%, while Berkshire Hathaway’s sale of Apple stock adds intrigue to global market turmoil.

Cryptocurrency hackers have seized the opportunity to acquire discounted Ethereum using stolen assets, exacerbating market vulnerabilities highlighted by ongoing incidents from the Nomad bridge and Pancake Bunny hacks.

Bitcoin price drops below $50K, leading to a 17% market crash. Early August saw $600 million in leveraged long positions liquidated. Largest three-day crypto wipeout in a year.

The AFP has launched an investigation into crypto phishing scams compromising over 2,000 Australian-owned wallets. Operation Spincaster revealed new deceptive tactics used by cybercriminals.

Bitcoin’s market dominance peaks at 58% amid a significant sell-off led by Ethereum and a stock market downturn, highlighting BTC’s role within high-risk assets.