crypto market

Plan B Predicts Bitcoin Still on Track to Hit $100K in 2024 Despite ‘Early’ Bull Market

August 9, 2024 Bitcoin.com

$100K Bitcoin

The pseudonymous bitcoin analyst known as Plan B, known for his work on the “stock-to-flow” (S2F) bitcoin price model, believes bitcoin’s market may have entered a bullish phase prematurely. While he suggests that the market has been “front-running,” Plan B remains confident that the top cryptocurrency will still hit $100,000 in 2024. Bitcoin’s Early Bull […]

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound

August 9, 2024 Bitcoin.com

Altcoins

With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin Expansion Not long ago, the crypto market […]

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days

August 9, 2024 Bitcoin.com

Bitcoin

On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying double-digit gains. Bitcoin Hits […]

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours 

August 8, 2024 Bitcoin.com

bitcoin.com

Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since Aug. 7, DEUSD’s market value has grown from $952,443 to $115.92 million. Yield-Bearing Stablecoins Continue to Rise In the midst of the rising popularity of […]

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders

August 8, 2024 Bitcoin.com

Bitcoin

The crypto economy experienced a 5.6% boost over the past 24 hours, reaching $2.07 trillion by Thursday. Bitcoin has soared past the $59,800 mark, while ethereum has exceeded $2,500 per coin. This rapid climb on Aug. 8 resulted in $212.59 million in derivatives liquidations across the entire crypto market within the last day. Crypto Economy […]

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

US Bitcoin ETFs Bleed $148.56M While Ethereum ETFs Cash In

August 7, 2024 Bitcoin.com

Ark Invest ARKB

Based on the latest data, spot bitcoin exchange-traded funds (ETFs) experienced net outflows of $148.56 million on Tuesday. Conversely, spot ether ETFs saw a positive inflow of $98.30 million during the same period. $148M Vanishes From Bitcoin ETFs While Ethereum ETFs Rake in $98M On Aug. 6, as the crypto market began to recover from […]

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives

August 5, 2024 Bitcoin.com

bitcoin.com

As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in derivatives positions, with $975.93 million of these being long positions. Of that total, approximately $403.82 million came from BTC positions, while $364.98 million resulted from ETH positions being liquidated. Mass Liquidation Madness On Monday morning, the crypto market faced […]

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

Bitcoin dominance hits 58% amid altcoin, stock market bloodbath

August 5, 2024 Coin Telegraph

bitcoin crash

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

Bitcoin dominance — the ratio of Bitcoin’s market capitalization to the rest of crypto — has notched a new yearly high of 58% amid a crypto and stock market tumble.

Bitcoin's (BTC) dominance briefly touched 58.1% in the early hours of Aug. 5 amid a sudden sell-off that saw Ether drop as far as 18% in two hours, while BTC fell 10% in the same time frame. 

IG Markets analyst Tony Sycamore told Cointelegraph that the drawdown serves as a reminder that Bitcoin and crypto assets more broadly sit very much at the “pointy end” of the risk asset spectrum.

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

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

August 5, 2024 Coin Telegraph

Bitcoin Price

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.

Update (1:55 am, Aug. 5): This article has been updated to include updated price figures for Bitcoin and Ether.

The crypto market has just clocked its largest three-day sell-off in almost a year, briefly shedding as much as $510 billion since Aug. 2.

The sharp crypto sell-off arrived amid faltering performance from equities with the S&P 500 falling as much as 4.4% in the same time frame.

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’

Market Mayhem: Bitcoin Crashes Below $59K, $223M in Liquidations as South Korea’s Premium Spikes

August 4, 2024 Bitcoin.com

Bitcoin

The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5% against the U.S. dollar, and it has dropped 13% over the week. Bitcoin Slides Below $59K At 1:24 p.m. EDT on Sunday, bitcoin dropped to […]

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Ethereum Foundation Making Structural Changes, Not Pivoting to ‘Bronze Age Mindset’