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August, 2024

August, 2024

Short-term Bitcoin investors face pain, triggering panic selling worries
Bitcoin (BTC) short-term holders are experiencing the largest amount of unrealized loss since the bear market lows in 2022, which has added more pressure on prices due to fears of another sell-off, ac...
Harris needs crypto support to win undecided voters, survey shows
Vice President Kamala Harris may need to attract more support from the crypto community to strengthen the Democratic Party’s chances of winning the November elections, according to a recent survey b...
Top Trader Predicts Massive Rally for Solana-Based Memecoin, Says Train About To Leave Station
A trader who continues to build his following with timely altcoin calls believes one Solana (SOL)-based memecoin is gearing up for a massive upside move. Pseudonymous analyst Bluntz tells his 268,500 ...
Crypto Venture Money Rises in Second Quarter – But Number of Deals Shrinks: Report
Crypto startups attracted $2.7 billion in venture capital (VC) during the second quarter of 2024, according to PitchBook data. As reported by Bloomberg, this represents a 2.5% increase from the previo...
Sam Altman-Funded Universal Basic Income Experiment Finds Recipients of Free Money Opt Out of Work – Here’s Why
A new universal basic income (UBI) experiment funded by tech billionaire Sam Altman has found people who receive free money generally tend to work less. In a study titled “The Employment Effects of ...
Crypto Markets Need Looser Fed Policy Before Moving Higher, According to Analyst Benjamin Cowen
A widely followed crypto analyst says that digital assets need looser monetary policy before moving another leg up. In a...
Trader Says One Ethereum-Based Altcoin Set to Rapidly 2x in Price, Leaving Most Sidelined – Here’s His Forecast
A widely followed crypto analyst is predicting that one Ethereum (ETH)-based altcoin will suddenly go on a parabolic rally. In a new thread, pseudonymous crypto trader Credible tells his 409,300 follo...
Altcoin Season Gains Momentum Amid Bitcoin Dominance Shift
Bitcoin’s (BTC) dominance, the metric that gives a sense of the coin’s value relative to other cryptocurrencies, reached a yearly high of 57.70% on August 9. This happened as BTC’s price recove...
Aptos (APT) Nears Key Moving Averages Amid Buying Pressure
Aptos (APT) has seen a significant rise in demand over the past week, indicating a potential shift in market trends. This increase is reflected in the cryptocurrency’s attempt to trade above its 20-...
Analyst Names Top Altcoins to Buy After Recent Market Dip
Popular analyst Michaël van de Poppe shares a list of altcoins that could bounce off more strongly after the last dip. This comes as crypto markets reel from the recent correction that saw Bitcoin (B...
Newswire > August, 2024
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