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Crypto market enters ‘extreme fear’ as analysts warn of Bitcoin below $50K

Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows.

Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'

Bitcoin fools traders up and down as BTC price volatility accompanies the week's final US employment data release.

Celebrities boost crypto projects but don’t guarantee legitimacy

In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals. 

India reconsiders foreign crypto exchange registrations: Report

India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws.

Bitcoin set for sub $50K correction in September — Analysts

Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000 before a rally to new highs.

Japan’s major banks back new stablecoin project for global trade

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.

Libre launches Brevan Howard, BlackRock, Hamilton Lane funds on Aptos

After Solana and Near, Libre protocol is deploying its pool of tokenized funds on the Aptos blockchain. 

Watch these 3 BTC price levels if Bitcoin breaks below $55K

Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. 

Arthur Hayes sees sub-$50K BTC price as Bitcoin risks 'stark' trend shift

BTC price targets are increasingly looking for a rematch with last month's lows as Bitcoin chartists highlight formidable resistance levels.

Crypto venture capital funding surges to $633M in August rebound

Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development.

Ripple co-founder signs letter endorsing Harris for president

Previously, another former Ripple board member, Gene Sperling, left the White House to join Kamala Harris’ 2024 presidential campaign.

Rare Ape CryptoPunk sells for $1.5M amid market downturn

CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value.

Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops

Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.

X complies with EU data laws, stops AI chatbot data collection

X has resolved its legal battle with the European Data Protection Commission by agreeing to halt AI data collection practices and erase user data.

Telegram changes FAQ language on illegal content moderation after CEO’s arrest

Telegram’s answer to an FAQ on moderating illicit content removed language saying it does not process requests related to private chats.

Magic Eden faces backlash over US service segregation

Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops.

Hacker praised after $27M crypto heist from Penpie DeFi protocol

The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal.

Bitcoin traders brush off September blues, say closing price may ‘surprise the bears’

Tyr Capital’s chief investment officer thinks Bitcoin is more likely to finish September above $60,000 than below.

Bitcoin traders brush off September blues, say closing price may ‘surprise the bears’

Tyr Capital’s chief investment officer thinks Bitcoin is more likely to finish September above $60,000 than below.

Trump vows to make US 'world capital of crypto,' taps Musk for new task force

 “Instead of attacking industries of the future, we will embrace them,” said Donald Trump in reference to the crypto industry in America.

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