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BtcTurk’s $48M hack compounds crypto’s bleak summer of security failures, marking yet another blow to the already shaken digital asset industry. As cyberattacks on crypto exchanges surge, July’s staggering $142 million in theft has now been joined by this latest breach—pushing summer losses close to $200 million. BtcTurk Hit by Multi-Chain Exploit As Turkey’s oldest … Read more
Bitcoin price hits new all-time high, what’s next? That’s the big question on traders’ minds as BTC soared past $124,000, fueled by rising expectations of a Federal Reserve rate cut in September and supported by bullish U.S. CPI data. Bitcoin’s Latest Rally to Record Levels According to data from crypto.news, Bitcoin surged more than 8.5% … Read more
Key Takeaways: BONK’s rally was driven by a strong rebound from its August 7 low at 16:00 UTC, which pushed the price toward its Friday morning peak during the European trading session. However, the rally was cut short once again at the $0.00002640 resistance level, where sell orders continue to absorb upward momentum. Technical Analysis: … Read more
Key Highlights: Arthur Hayes Re-Enters Ethereum Trade at Higher Prices Arthur Hayes, co-founder of BitMEX and CIO of Maelstrom Fund, has reversed course on Ethereum just a week after cashing out. On-chain data reveals Hayes offloaded 2,373 ETH — worth approximately $8.32 million — when Ethereum was trading at around $3,507. The move came ahead … Read more
Key Takeaways: Gold Futures Surge as U.S. Tariffs Disrupt Precious Metals Market In a rare move with global market implications, U.S. gold futures surged to a historic $3,534 per ounce on Friday, after Customs and Border Protection confirmed tariffs on imported gold bars. The policy targets one-kilogram and 100-ounce bars—formats commonly imported into the U.S. … Read more
World Liberty Financial, a crypto-lending platform supported by the Trump family, is seeking to raise $1.5 billion to launch a publicly traded crypto investment vehicle designed to hold WLFI tokens. This strategic move places the company at the forefront of a growing trend in digital asset holding companies, as institutional interest in cryptocurrency investments continues … Read more
XYO crypto is set to make its debut on Kraken Exchange, adding to its growing portfolio of top-tier centralized exchange listings. The move follows the project’s strong financial performance in 2024, with reported revenue of $8.8 million, and marks another milestone in its mission to bring real-world data to blockchain. Kraken Listing Expected to Boost … Read more
U.S. stocks climbed higher on Wednesday, extending their winning streak as the S&P 500 and Nasdaq surged to fresh record highs. Investor optimism is being fueled by expectations that the Federal Reserve will cut interest rates in September, while the cryptocurrency market also sees a strong rally led by top altcoins. Key Highlights Wall Street … Read more
The Bullish IPO has made a strong debut on the New York Stock Exchange (NYSE), joining crypto heavyweights Circle and eToro in a wave of billion-dollar public listings. With shares priced at $37—above the expected range—Bullish’s listing signals growing institutional confidence in digital asset companies. Key Highlights Bullish IPO Beats Expectations According to Bloomberg (August … Read more
Bitcoin and most major altcoins, including Solana, BNB, and XRP, saw strong gains on August 13. The rally comes as the Crypto Fear & Greed Index turns bullish and expectations grow for a Federal Reserve interest rate cut following encouraging July inflation data. Key Highlights Bitcoin and Altcoins Jump as Market Sentiment Improves The ongoing … Read more
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