Top Crypto News Today (August 27, 2024)
1. Bitcoin Holds Steady Above $64K
Bitcoin has continued its upward trajectory, trading just above $64,000. The market is closely watching for any signs of a pullback or further gains.
2. Ethereum Eyes $2,7K Resistance
Ethereum is also showing strength, with its price approaching the $2,700 level. A break above this resistance could lead to significant price appreciation. #etherreum
3. TON Price Crashes After Telegram CEO Arrest
The price of Toncoin (TON) plummeted after the arrest of Telegram CEO Pavel Durov in France. The token lost nearly 20% of its value in a short period. #TelegramCEO
4. Bitcoin Mining Opportunity Worth $74B
JPMorgan has estimated that the Bitcoin mining opportunity is worth around $74 billion. This suggests that there is still significant potential for growth in the mining sector. #bitcoin
5. CBDC Success Doubtful, UPI Already Prevalent #cbdc
A former RBI deputy governor has expressed doubts about the success of central bank digital currencies (CBDCs) in India, citing the widespread use of UPI as a barrier to adoption.
