Prepare your self where getting closer for the month of ghost.
Big investors and businessmen tend to avoid August because most of them believe it will affect their finances in the long run. This means the stock market is usually down during Ghost Month. Take this opportunity to buy stocks for cheap, so you can sell them for a bigger profit once the next month rolls over
Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia's Earnings Rejuvenates AI-Tokens
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices.
Ava Labs’ John Wu discusses impact of FTX collapse nearly one year since implosion
In a wide-ranging interview with CNBC Crypto World, John Wu, president of Ava Labs, discusses the impact of the collapse of FTX and what has changed since the crypto exchange’s implosion. He also weighs in on Binance.US halting U.S. dollar withdrawals
#BTC made a fake pump with the Fake #ETF news and kinda hit the resistance area, which ended up being an strong rejection. Well, price is on a support zone now $28,200 ($28,000). So, look for a daily closing below the zone, we can move lower with that.
Bitcoin Jumps to $30K, Then Dumps, as False Spot ETF Approval Report Circulates
CoinGlass data shows that $72 million worth of short positions were liquidated on the move to $30,000 and $31 million in longs were liquidated during the correction.
Bitcoin (BTC) surged from $27,900 to $30,000 after a false report of a spot ETF approval was posted on social app X, formerly Twitter, leading to nearly $100 million in liquidations in the past hour.
The false post was deleted after nearly 30 minutes but sparked enough interactions to impact prices significantly. Bitcoin has since fallen from $30,000 to $28,000 following skepticism from analysts and reporters. BlackRock confirmed to CoinDesk that the report is false.
CoinGlass data shows that $81 million worth of short positions, or bets against higher prices, were liquidated on the move to $30,000, and $31 million in longs, or bets on higher prices, were liquidated during the correction. Liquidation refers to when an exchange forcefully closes a trader’s leveraged position due to a partial or total loss of the trader’s initial margin. It happens when a trader is unable to meet the margin requirements for a leveraged position (fails to have sufficient funds to keep the trade open).
#tether $Tether freezes $873,000 in crypto linked to 'terrorism and warfare' in Israel and Ukraine
LONDON (Reuters) - Stablecoin issuer Tether has frozen 32 cryptocurrency wallet addresses containing a combined $873,118 it said were linked to "terrorism and warfare" in Israel and Ukraine, the company said in a statement on Monday.
Tether did not provide details of the owners of the addresses, when they were frozen, nor the nature of their activity. It also did not provide a breakdown of the split between Ukraine-related and Israel-related addresses.
Crypto wallet addresses are strings of numbers and letters that identify the sender and receiver of tokens.
The company said it was working with Israel's National Bureau for Counter Terror Financing "to counter cryptocurrency-funded terrorism and warfare," without giving further details.
The NBTCF did not immediately respond to a request for comment.
Last week Israel said it had frozen$ cryptocurrency accounts used to solicit donations for the Palestinian militant group Hamas on social media.
SEC Won’t Appeal Loss in Grayscale Case, Boosting the Odds GBTC Can Become a Bitcoin ETF
Bitcoin’s price immediately shot up after the news came out.
The SEC was rebuked by a court in August for how it rejected Grayscale’s application to turn its bitcoin (BTC) trust into an ETF.
The regulator won’t appeal that loss, a person familiar with the matter said Friday, boosting the odds the Grayscale Bitcoin Trust (GBTC) can be turned into a more-appealing ETF.
Investor Demand for Ether Staking Yields Has Slowed: Coinbase
Staking yields have dropped to 3.5% from above 5% in the last few months, the report said.
The Ethereum blockchain validator queue has emptied for the first time since the Shanghai upgrade in May, a signal investor demand for ether (ETH) staking is leveling off, Coinbase (COIN) said in a research report Friday.
Validators verify transactions by locking up ether in exchange for rewards. The blockchain’s Shanghai upgrade allowed for the withdrawal of staked ether for the first time.
FTX Bankruptcy Estate Stakes $150M SOL and ETH as Sam Bankman-Fried's Trial Continues
Addresses tied to the bankrupt crypto exchange controlled by a creditors’ group have apparently staked the tokens to earn yield, blockchain data suggests.