1inch $0.25692.17%aave $148.780.60%ada $0.35830.53%ae $0.0237*1.33%algo $0.12732.44%ape $0.71572.93%atom $4.67604.25%avax $25.6430.19%axs $4.61781.18%bal $1.97003.68%band $1.1473*3.57%bat $0.17073.40%bcd $0.0633*1.05%bch $325.651.44%bcn $0.000020919*0.00%bnb $561.702.24%bsv $45.841*1.63%btc $62,3591.45%cake $1.8709*1.55%dcr $11.818*2.01%dgb $0.0065*3.65%doge $0.10990.52%dot $4.17500.37%enj $0.14882.55%etc $19.0411.86%eth $2,420.31.57%fil $3.66292.21%ftm $0.61770.95%grt $0.15931.97%hbar $0.05330.95%iost $0.0050*3.26%knc $0.45073.86%ksm $18.3452.31%link $11.2632.36%loom $0.0524*3.26%lrc $0.12130.00%lsk $0.80562.75%ltc $66.0522.42%mana $0.29474.57%mkr $1,444.90.03%mlx $0.0000001681.18%nano $0.83942.37%oxt $0.07150.00%pepe $0.0000094443.68%ren $0.03520.00%rep $0.63800.00%sand $0.25482.15%sc $0.00486.73%shib $0.0000175481.83%skl $0.03725.60%snx $1.40702.78%sol $143.102.51%sushi $0.74350.00%theta $1.2966*3.32%trx $0.15452.50%uma $2.96511.05%uni $6.78392.25%usdt $1.00010.09%vet $0.02280.97%waves $1.1149*2.97%xaut $2,658.60.00%xlm $0.09221.34%xmr $153.134.66%xrp $0.53311.82%yfi $4,992.91.28%zil $0.0142*1.99%
1inch $0.25692.17%aave $148.780.60%ada $0.35830.53%ae $0.0237*1.33%algo $0.12732.44%ape $0.71572.93%atom $4.67604.25%avax $25.6430.19%axs $4.61781.18%bal $1.97003.68%band $1.1473*3.57%bat $0.17073.40%bcd $0.0633*1.05%bch $325.651.44%bcn $0.000020919*0.00%bnb $561.702.24%bsv $45.841*1.63%btc $62,3591.45%cake $1.8709*1.55%dcr $11.818*2.01%dgb $0.0065*3.65%doge $0.10990.52%dot $4.17500.37%enj $0.14882.55%etc $19.0411.86%eth $2,420.31.57%fil $3.66292.21%ftm $0.61770.95%grt $0.15931.97%hbar $0.05330.95%iost $0.0050*3.26%knc $0.45073.86%ksm $18.3452.31%link $11.2632.36%loom $0.0524*3.26%lrc $0.12130.00%lsk $0.80562.75%ltc $66.0522.42%mana $0.29474.57%mkr $1,444.90.03%mlx $0.0000001681.18%nano $0.83942.37%oxt $0.07150.00%pepe $0.0000094443.68%ren $0.03520.00%rep $0.63800.00%sand $0.25482.15%sc $0.00486.73%shib $0.0000175481.83%skl $0.03725.60%snx $1.40702.78%sol $143.102.51%sushi $0.74350.00%theta $1.2966*3.32%trx $0.15452.50%uma $2.96511.05%uni $6.78392.25%usdt $1.00010.09%vet $0.02280.97%waves $1.1149*2.97%xaut $2,658.60.00%xlm $0.09221.34%xmr $153.134.66%xrp $0.53311.82%yfi $4,992.91.28%zil $0.0142*1.99%
btc / bitcoin
$62,359
1.45%
$0
$0
btc = $
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            news
            Bitcoin’s volatility has once again taken the crypto market on a rollercoaster ride over the past 48 hours, showcasing dramatic price movements that have left traders and investors on edge.
            Market Overview (Past 24-72 Hours): Bitcoin has shown mixed performance as it hovers around the $57,500 mark, down approximately 2% over the past few days. Despite a brief spike to $59,800 on September 3rd, traders remain cautious due to several looming market events. Notably, September has historically been a challenging month for Bitcoin, often characterized by market pullbacks. Analysts are also monitoring the U.S. Federal Reserve's potential interest rate cut later this month, which could trigger a 15-20% drop in Bitcoin prices. A move like this could see Bitcoin dip to around $46,000, marking a significant drop from current levels​(
            Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.
            Despite Bitcoin’s recent correlation with US equities, Robbie Mitchnick, BlackRock’s head of digital assets, believes it’s a misnomer to label Bitcoin a “risk-on” asset. Traditionally, risk-on assets, like stocks, commodities, and high-yield bonds, perform well during periods of economic growth and market optimism, while assets like gold gain popularity during times of uncertainty.
            The Bitcoin (BTC) market is experiencing a period of heightened volatility as it hovers around the $61,000 mark, following a sharp decline from previous highs. The cryptocurrency’s price dipped below $60,000 recently, triggered by the latest U.S. Consumer Price Index (CPI) data, which suggested that the Federal Reserve might be inclined to cut interest rates as early as next month.
            Bitcoin ETF launch day could be more than just a "sell the news" event for BTC price, says Peter Schiff.
            Bitcoin, the pioneering cryptocurrency, continues to make waves in the financial world, over a decade after its inception. Developed to provide a decentralized and secure mode of transaction, Bitcoin has steadily evolved from an experimental digital currency to a significant financial asset. As of August 27, 2024, the cryptocurrency landscape reflects several critical developments that highlight Bitcoin’s ongoing relevance and dynamic nature.
            Market Overview: In the last 24 to 72 hours, Bitcoin (BTC) has faced significant downward pressure, with its price slipping below the $60,000 mark. As of the latest data, Bitcoin is trading around $59,404, reflecting a 5.47% decrease from the previous day. The broader crypto market has also experienced a notable decline, with over $300 million in long positions liquidated during this period​ (Coinspeaker, EconoTimes).
            In the last 12 hours, Bitcoin (BTC) has traded around $59,680, with a slight decline of 2.1%. Its 24-hour trading volume reached $33.69 billion, while the market cap stands at $1.17 trillion. The current price consolidation reflects caution ahead of the U.S. Federal Reserve’s upcoming rate decision, which is expected to influence short-term volatility across crypto markets​(CoinGecko)​(CoinMarketCap).
            Bitcoin’s performance over the past 24 to 72 hours reflects its struggle to break away from the historically bearish trend of September. The price has fluctuated between $57,150 and $57,900, dipping from a recent high of $59,000. Analysts suggest that if Bitcoin fails to stay above the key support level of $56,000, further declines could occur, with resistance levels near $60,000 acting as the next hurdle for any upward movement​(interactivecrypto.com)​(COINOTAG NEWS).
            Over the past 72 hours, Bitcoin has seen a notable decline, currently trading at around $58,880. This price drop comes after a brief period of recovery, where BTC flirted with resistance levels just above $60,000. Despite the dip, the market remains cautiously optimistic, with some analysts suggesting that Bitcoin is consolidating before a potential rally​ (CoinLore)​ (BeInCrypto).
            Market Overview: Bitcoin experienced a turbulent 24 hours, with its price dipping to $55,144, a 1.83% decline. The broader crypto market mirrored this downturn, shedding 1.74% of its total market cap, now at $1.906 trillion​ (FX Empire).
            A new HBO documentary titled Money Electric: The Bitcoin Mystery , directed by Emmy-nominated filmmaker Cullen Hoback, is set to air on October 8, 2024, and claims to reveal the true identity of Bitcoin's elusive creator, Satoshi Nakamoto. Known for his previous work on Q: Into the Storm , which unmasked the creators behind the QAnon conspiracy, Hoback's latest project dives deep into one of the biggest mysteries in cryptocurrency.
            Brief Overview: In the last 72 hours, Bitcoin has experienced a significant surge, climbing to $64,124 after a sharp recovery from previous lows. This rally has been driven by a combination of market factors including the recent Bitcoin halving, increased institutional interest through Bitcoin ETFs, and substantial liquidations of short positions.
            Over the past 24 to 72 hours, Bitcoin has maintained a solid stance above the $60,000 mark, showcasing resilience despite ongoing global economic uncertainties and regulatory pressures. This price stability reflects a growing optimism among long-term holders and bullish market sentiment.
            In the past 48 hours, Bitcoin has experienced significant price movements, reflecting the broader cryptocurrency market’s volatility. BTC surged to $70,000 before settling around $67,800. This rally follows a series of impactful events, including positive market sentiment and political developments. Bitcoin’s resurgence was bolstered by a strong market recovery and favorable news from the recent Bitcoin 2024 conference in Nashville, where prominent figures emphasized the cryptocurrency’s potential​ (Cryptonews)​.
            In the last 24 hours, Bitcoin has captured global attention with several significant events. The German government moved nearly $1 billion worth of Bitcoin, causing a stir among traders and analysts alike. This massive movement of 16,000 BTC was primarily directed toward exchanges and market makers, likely signaling future liquidation. The U.S. is also ramping up its regulatory efforts, potentially adding more volatility as the market adjusts to these developments.
            In the last 12 hours, Bitcoin (BTC) has seen a price dip, settling at $63,608, reflecting a 3.2% drop from the previous day. This follows a recent period of volatility, where Bitcoin hit a weekly high of $65,934 before the decline. Despite the drop, Bitcoin’s price remains stable within the expected trading range of $63,540 to $66,480​(Kitco)​(CoinMarketCap).
            August 12, 2024 — In a week marked by economic data and regulatory developments, Bitcoin (BTC) has navigated significant market turbulence, reflecting broader economic uncertainties and investor sentiment.
            general news
            Ethereum (ETH) has faced a slight drop over the past 24 hours, with its price currently at $2,608, representing a 2% decline​(CoinGecko)​(Binance). This comes after a period of increased volatility, and Ethereum continues to underperform compared to Bitcoin, reflecting broader market hesitations. Ethereum’s trading volume saw a surge of nearly 79%, driven by whale activity, which deposited 3,510 ETH into the Kraken exchange​(Blockonomi).
            As of the past 12 hours, Binance Coin ( BNB ) is trading at $598.93 , reflecting a 0.38% decline within the last 24 hours, with a 24-hour trading volume of $1.6 billion ​( Binance )​( CoinMarketCap ). Over the past week, BNB has shown a slight recovery, up by 2.47% , despite ongoing regulatory scrutiny and broader market volatility​( TradingView ).
            Partnerships and Ecosystem Growth: Chainlink recently announced a strategic partnership with ANZ Bank as part of Project Guardian, aimed at exploring real-world asset (RWA) tokenization. This move positions Chainlink as a key player in the growing DeFi and cross-chain interoperability space​(
            The U.S. Securities and Exchange Commission (SEC) filed an appeal against the recent ruling that favored Ripple, contesting that programmatic sales of XRP on secondary markets are not securities transactions. This development caused XRP to plunge by 12%, from $0.60 to $0.52. Ripple’s Chief Legal Officer and CEO both expressed disappointment with the SEC’s persistence, calling the appeal “disappointing but not surprising”​(Techopedia)​(Invezz).
            Over the last 12 hours, Solana ( SOL ) has maintained a steady position, trading around $154.64 , reflecting a 1.4% decline in the past 24 hours but a 6.9% increase over the last week. The current market cap sits at $73.5 billion , with a 24-hour trading volume of $3.2 billion . Solana’s recent price surge has been fueled by several key developments, including new product launches and institutional backing​( CoinGecko )​( CoinMarketCap ).
            Cardano founder Charles Hoskinson has taken a critical stance against Ethereum, labeling it a “dictatorship” heavily influenced by its co-founder, Vitalik Buterin. Hoskinson claims Buterin holds too much sway over Ethereum’s development, turning the decentralized network into a system that relies on one individual for key decisions.
            Over the last 12 hours, XRP has traded steadily around $0.57, experiencing a minor decline of 3.4%. Its 24-hour trading volume has remained robust at $1.03 billion, signaling continued interest from traders despite market fluctuations. XRP’s market cap stands at $30.45 billion, maintaining its place as one of the top cryptocurrencies by market capitalization​(CoinMarketCap)​(CoinGecko).
            Over the last 12 hours, Pepe (PEPE) has been trading at $0.0000109, experiencing a 2.04% decline in the last 24 hours, despite a 35.42% surge over the past week​(CoinGecko)​(crypto.news). The meme coin has generated significant attention in the crypto space due to heightened whale activity and its continued growth in popularity.
            Solana Labs and Google Cloud have teamed up to introduce “Gameshift,” a new gaming development API designed to bridge the gap between traditional Web2 experiences and Web3 technologies like blockchain and digital asset management. The announcement was made at the 2024 Solana Breakpoint conference during the “Gamer Village” events. Solana Labs and Google Cloud have teamed up to introduce “Gameshift,” a new gaming development API designed to bridge the gap between traditional Web2 experiences and Web3 technologies like blockchain and digital asset management. The announcement was made at the 2024 Solana Breakpoint conference during the “Gamer Village” events.
            In the past 12 hours, Ripple ( XRP ) has experienced volatility , currently trading at $0.6198 , reflecting a 5.3% decline over the past 24 hours. Market activity has surged, with a 24-hour volume of $2.2 billion , largely driven by uncertainty surrounding the upcoming SEC appeal deadline​( MarketBeat )​( Cryptonews ).
            Polygon (formerly MATIC) has officially transitioned to its new token POL, which has been experiencing significant price movements and technical upgrades over the last 12 hours. Currently trading at $0.45, POL saw a 15% price surge following its listing on Binance for spot and perpetual contract trading​(CryptoPotato)​(markets.businessinsider.com).
            Over the last 12 hours, Polkadot (DOT) has remained relatively stable, trading at $4.54, with a 2.9% increase over the past week despite a 4.8% dip in the last 24 hours​(
            In the last 12 hours, Ethereum (ETH) has held steady at around $2,300, showing minimal price movement. Its 24-hour trading volume remains high, at approximately $13.5 billion, reflecting ongoing strong market activity​(CoinGecko)​(CoinMarketCap).
            Ripple's much-anticipated RLUSD stablecoin is nearing launch after significant minting activities and testing on both the XRP Ledger and Ethereum blockchain. As of early October 2024, Ripple minted a staggering 29.7 million RLUSD tokens, signaling the project's final testing phase before its planned Q4 2024 release. RLUSD will serve as a U.S. dollar-pegged stablecoin, fully backed by cash reserves, and is set to provide deep liquidity and instant settlement solutions.
            In the last 12 hours, Cardano (ADA) has experienced a 5% decline, bringing its price to $0.382. Despite this short-term dip, Cardano has increased by 6.8% over the past week​(CoinGecko)​(Cryptonews). Its market cap now stands at $13.9 billion, with a 24-hour trading volume of approximately $334 million​(CoinGecko).
            Dogecoin (DOGE) has experienced a 3.08% decline over the past 24 hours, trading at $0.1224 as of the latest data. Despite this dip, Dogecoin remains up by 11.22% over the past week, reflecting its ongoing market momentum​(Cryptonews)​(Dogehome Dogehome.com).
            Ripple's upcoming stablecoin, RLUSD, is stirring debates and fueling speculation about the potential impact on XRP, leading to wild predictions about the token’s future value.
            In the last 12 hours, Solana (SOL) has maintained stability, trading around $182, with a modest increase of 4.55%. The market cap is currently hovering at $63.1 billion, while 24-hour trading volume has surged to $1.5 billion, indicating growing interest and liquidity in the market. This positive movement comes amidst Solana’s continued expansion in decentralized finance (DeFi) and non-fungible tokens (NFTs), further solidifying its position as a key competitor to Ethereum​(Investing.com)​(CoinMarketCap).
            Over the past 12 hours, Uniswap (UNI) has shown promising performance, trading at $7.55, reflecting a 1.9% increase in the last 24 hours and a 9.9% rise over the past week. The current market cap stands at $4.57 billion, with a 24-hour trading volume of $234.56 million​(MarketBeat)​(CoinGecko).
            Over the last 12 hours, Shiba Inu (SHIB) has experienced a 5.11% decline, currently trading at $0.00001958. Despite this drop, SHIB has seen a 30.84% increase in the past week, thanks to a combination of bullish factors, including a sharp rise in its burn rate and positive developments in its Shibarium layer-2 network​(Binance)​(CryptoPotato).
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