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Crypto products shed $528M amid recession fears — CoinShares

As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.

Over $1B wiped out in crypto liquidations as global markets suffer

Crypto traders faced significant losses as major cryptocurrencies, including Bitcoin and Ether, experienced a sharp decline, resulting in over $1 billion in liquidations.

Whales prepare for next altcoin rally, DeFi is ‘waking up’ — Finance Redefined

Crypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs.

Analysts warn of further Bitcoin downside — Could BTC revisit $42K?

Despite the gloomy outlook, Bitcoin could prevent more downside pressure if it manages to remain above the $51,000 mark.

Bitcoin on edge as economy falters: 10x Research report

Findings from a 10x Research report reveal a potential Bitcoin price drop below $50,000 amid US economic uncertainty, impacting the broader crypto market.

Was Warren Buffett right? 5 Things to know in Bitcoin this week

Bitcoin sees a giant $20,000 crash in a week while Ethereum retreats 40% and Berkshire Hathaway’s Apple sale takes on new meaning as stocks dive worldwide.

Crypto hackers buy Ethereum dip using stolen funds

Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount.

Bitcoin dips below $50K: Crypto market crashes 17%

BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, plunging to a market cap of $1.76 trillion.

Memecoin dumps, then pumps after Vitalik Buterin sells unwanted airdrop

The memecoin took a massive hit after Buterin sold his entire 17 billion Neiro airdrop, but in a weird turn of events, it pumped soon after.

Australian federal police to probe 2,000 exploited crypto wallets

Chainalysis’ Operation Spincaster found over 2,000 Australian-owned crypto wallets were hit by “approval phishing” scams.

Bitcoin dominance hits 58% amid altcoin, stock market bloodbath

Bitcoin dominance has notched a new yearly high amid a brutal Ethereum-led sell-off.

Bill proposes to give Secret Service more power to pursue crypto crime

Stronger threat assessments are needed to catch “seedy financial enterprises” facilitating money laundering schemes,” US Senator Charles Grassley said.

Pro-crypto RFK Jr. once dumped a dead bear in New York’s Central Park

Robert F. Kennedy Jr. left the dead bear with an old bicycle, at a time when there was a rise of cyclist-related accidents across New York.

Jump Crypto unstakes $315M of ETH, now headed to exchanges

Jump still holds at least $125 million of staked-Ether, blockchain data from Arkham shows.

Bitcoin crashes below $53K wiping out $600M in leveraged longs

A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and other cryptocurrencies tumbled sharply.

$500B plunge: Largest 3-day wipeout for crypto in a year

The crypto market has just witnessed its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession.

2 reasons Solana and other altcoins ETFs may struggle — Sygnum Bank

Katalin Tischhauser, head of investment research at Signum Bank, has joined other commentators who suggested that spot Solana and Cardano ETFs are unlikely, though VanEck may disagree.

OpenAI has a ‘highly accurate’ tool to detect AI content, but no release plans

The company expressed worries that its detection system could somehow “stigmatize” the use of AI among non-English speakers.

Bitcoin falls into demand zone — Will SOL, XRP, KAS and AAVE follow?

Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.

Musk says Neuralink will ‘give people superpowers’ as 2nd human gets implant

The brain-computer interface has already changed lives, but it’s unclear how it will give people eagle vision or make their neurons fire more quickly.

Bitcoin eyes $58K CME gap next as 8% BTC price rout sees longs 'rekt'

BTC price weakness takes the market below $59,000 for the first time since mid-July as "relentless" Bitcoin selling pressure persists.

Bitcoin price loses $60K, but a maturing Wyckoff signal gives hope

The bullish outlook appears despite the ongoing Bitcoin sell-off, which is being led by the growing risks of a recession in the United States.

Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups

The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability.

Dogecoin Core reproducibility update ‘imminent’

The Dogecoin Core client is essential for several functions, including participating in the network and validating and relaying transactions.

Prosecutor demands jail for Crypto.com user who received $6.8M by mistake

Australian prosecutors argue that imprisonment should remain a strong possibility for the Crypto.com user who received millions because of an internal error.

Amber Group calls for transparency after ZKX shutdown

The ZKX shutdown highlights the importance of transparency and accountability in cryptocurrency projects.

Argentina plans to adopt AI to predict and prevent 'future crimes'

Argentina’s government claims it will help prevent crimes before they occur, but a prominent software engineer is skeptical about the idea.

Ethereum price clings 'crucial area,' drop below $2.8K looming

Cryptocurrency traders argue that Ether’s next move is crucial not just for Ether itself, but for Bitcoin as well.

Criminal at Bitcoin 2024, BTC Strategic Reserve Bill, and more: Hodler’s Digest, July 28 – Aug. 3

Sen. Lummis introduces Bitcoin Strategic Reserve Bill, Bitfinex hacker shows up at Bitcoin 2024, and Trump Bitcoin sneakers: Hodler’s Digest.

Forget about Ethereum ETFs — Here's what you can do instead

Spot Ether ETFs were supposed to set the gold standard for ETH investing. Unfortunately, they still aren't allowed to offer staking.

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