Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says
“Every time ETH gas fees have dropped to rock bottom, it has often signaled a price bottom in the mid-term,” one market watcher said.
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Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.
Bitcoin Miner Capitulation and Record High Hashrate Point to Possible Price Bottom: CryptoQuant
Such expansion comes despite a recent drop in bitcoin (BTC) prices, indicating positive sentiment among miners after a bout of selling in the past few months.
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
Here’s Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
XRP’s order book on U.S. exchanges is 30% more liquid than offshore platforms.
Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K
“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge
United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty.
Hong Kong Digital Bank Mox Adds Crypto ETFs, Plans Direct Crypto Investing
Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.
Solana-Based Memecoins Surge as SOL Jumps 38% From Monday’s Lows
Network-based memecoins rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.
Bitcoin Jumps Above $56K, Solana Leads Recovery From Monday’s Rout
Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.