The number of Ethereum addresses is decreasing: the lowest number this year en.cryptonomist.ch 05 August 2024 15:59, UTC The crypto ecosystem is constantly evolving, with Ethereum representing one of the most influential platforms in the sector. However, recently, a significant drop in the number of new Ethereum addresses created has been observed, reaching the…
Bitcoin miner Core Scientific positive on future despite recent production drop crypto.news 05 August 2024 16:00, UTC Core Scientific, having sidestepped bankruptcy, remains optimistic about its business future despite a 4.4% decline in production in July. Crypto mining company Core Scientific says the future of its Bitcoin (BTC) mining business is “bright” as it…
Why Crypto's Down Today: Reasons Shared by Seasoned Expert u.today 05 August 2024 15:51, UTC Long-time DeFi researcher Miles Deutscher summarizes a number of reasons that might be behind the ongoing crypto bloodbath. It looks like the combination of global macro catalysts, together with major crypto-specific developments, resulted in this “perfect storm.” From Japanese…
Circle to discontinue USDC support on Flow blockchain crypto.news 05 August 2024 21:47, UTC Circle, the issuer of the stablecoin USDC, has announced that it will end support for its stablecoin on the Flow blockchain effective Sept. 3, 2024. In a blog post on Aug. 5, Circle announced that its decision to end USDC…
Crypto sell-off: Massive trading volumes seen in Bitcoin ETFs crypto.news 05 August 2024 18:02, UTC Crypto has been in turmoil over the weekend, but trading volumes in Bitcoin ETFs are hitting unprecedented levels, and despite widespread sell-offs, major financial institutions don’t appear to be selling — yet. Within just 20 minutes of Monday Aug….
Solana Price Plunges 30% in a Week—And Its Biggest Meme Coins Are Down Worse decrypt.co 05 August 2024 18:04, UTC The price of Solana plunged Monday to its lowest price since February, falling to $110 as the network’s most popular meme coins also took a beating. U.S. recession fears alongside unwinding carry trades involving…
Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000? newsbtc.com 05 August 2024 18:08, UTC The Relative Strength Index (RSI) is an important indicator for any cryptocurrency, and Bitcoin is no different. Given that the pioneer cryptocurrency has been around the longest, the abundance of data makes…
