The sudden drop in the crypto market today has garnered significant attention. Bitcoin (BTC), the largest cryptocurrency by market capitalization, briefly dipped to $49,000 before stabilizing at $52,765. Ethereum (ETH) mirrored this volatility. CoinGecko data shows it briefly touched $2,100 before trading at $2,359. Investor Nerves Shaken as Crypto Volatility Surges These swift fluctuations led […]
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Tony Kim Aug 05, 2024 04:22 Binance Pay will begin phasing out support for Pay ID from August 6, 2024, focusing on enhancing user experience through other payment methods. In a recent announcement, Binance has revealed that its Binance Pay service will gradually phase out support for […]
Key Takeaways Bitcoin and Ether have significantly declined, with Bitcoin at $53K and Ether losing all year-to-date gains. Japan’s rate hike has had a cascading effect on global markets, including significant drops in the Nikkei and Nasdaq. Share this article Bitcoin and ether prices plummet amid a broader market selloff, with BTC falling to $53K […]
The crypto market sank to its lowest levels in more than five months as Japan’s stock market balked at recessionary fears following a rate hike by its central bank last week. Bitcoin and Ethereum, the two largest cryptos by market capitalization, have fallen considerably over the last 24 hours, down 9% and 18%, respectively. Trading […]
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Indeed, the Bitcoin price performance has been one of the high points in the crypto landscape in recent weeks. However, the premier cryptocurrency has not exactly made a dreamy start to the new month, sparking conversations about the coin’s history in August. Interestingly, a blockchain firm has indicated that it might not be all gloom […]
Senator Cynthia Lummis has introduced the Strategic Bitcoin Reserve bill to the US Congress, marking the start of a legislative process with significant potential impacts on the cryptocurrency market and US economic policy. On August 3, Senator Lummis announced that the Senate Committee on Banking, Housing, and Urban Affairs received the Bitcoin Act of 2024 […]
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