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Chance of Bitcoin price drop to $52K rises as derivatives show traders losing hope

Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.

SEC charges Novatech, company founders, promoters with fraud

Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets.

US Democrats are ‘increasingly gravitating towards crypto’ — Poll

A poll of 804 self-identified Democrats suggested a majority favored some of the core values surrounding digital assets, as well as the US leading the world on innovation.

Bitcoin price dip may retest $55K before next leg up

Based on the upcoming Aug. 14 CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover.

Bitcoin miner Argo repays $35M Galaxy bailout loan

The loan saved Argo from bankruptcy during the crypto winter of 2022.

Tigran Gambaryan’s health worsens, surgery now required

Gambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time.

Euler announces 29 audit reports after $4M spent to shore up security

Some vulnerabilities in Euler v2 were found and resolved, and a subsequent $1.25 million bug bounty contest found no vulnerabilities of medium or greater severity.

Aleph Zero launches zkOS-powered Ethereum layer 2 mainnet

Aleph Zero’s mainnet launch integrates Arbitrum Orbit technology and zkOS tools to revolutionize blockchain privacy and speed.

Lido community votes to bring stETH to BNB Chain

Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.

Ripple vs. SEC: ‘Victory,’ or another chapter in the legal battle?

Some lawyers question whether the latest court decision in the Ripple case should be regarded as a victory over the SEC.

Whale continues $154M dumping spree with 5K ETH deposit to OKX

Lookonchain wrote that the whale bought 1 million tokens during the Ethereum initial coin offering.

World’s largest Bitcoin miner announces $250M raise to buy more Bitcoin

The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company.

Whale buys nearly $13M of Ether, but price needs to reclaim $2.7K for next leg up

The last time this whale address bought the dip was just before Ether rose from $2,100 to $3,100.

Why Bitcoin is still poised to break $74K before end of year

Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.

Tech giants losing momentum as AI progress disappoints investors

The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.

Bitcoin miners record lowest daily revenue of 2024

Bitcoin miners’ daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges.

More ‘extreme fear’ than FTX crash — 5 things to know in Bitcoin this week

Bitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway.

Bitcoin price drops below $59K as institutions stop buying stablecoins

The Bitcoin price last saw its local bottom before Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%.

Why Web3 gaming needs a Steam-like platform for growth

OKX chief innovation officer Jason Lau believes that Web3 games need to cultivate communities by educating players on the benefits of Web3 technology.

Canto chain targets fix amid 33-hour outage caused by consensus issue

The Canto blockchain has been down for over a day, and the team has scheduled an upgrade to fix the issue for Aug. 12.

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