BIT Mining Stock Sinks 8% After-Hours After Company Reports Deeper-Than-Expected Loss
BIT Mining Ltd. (NASDAQ:BTCM) stock plunged 8% in Thursday’s after-hours trading after the cryptocurrency mining company’s half-yearly earnings disappointed investors. BTCM shares are retreating from recent levels. Watch the momentum here. Revenue Tanks 43%, Costs Shoot Up The company reported a loss of $0.87 per American Depositary Share for...
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XRP Headed to $7? The Expansion Phase Has Begun
TL;DR XRP dropped to $3.00 before rebounding as record selling volume tested major support levels. Over 320 million XRP bought by large wallets suggests renewed institutional accumulation pressure. XRP charts show breakout retest as analysts eye expansion phase with $7 target in sight. Price Drops Sharply After Market Liquidations...
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Sorry, ETH holders…you may have to wait longer for all-time highs
While some Ether holders expect new all-time highs within the next few days, a Nansen analyst believes it may still be weeks to months away....
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Crypto Liquidations Hit $1 Billion As US Rules Out Bitcoin Buying
The cryptocurrency market has been delivered a shock after US Treasury Secretary Scott Bessent said the government doesn’t plan to buy Bitcoin. US Government Doesn’t Plan To Buy More Bitcoin For Strategic Reserve In an interview with Fox Business, Bessant has touched on the topic of the Strategic Bitcoin...
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Sonic Labs co-founder raises capital for Flying Tulip, a new on-chain trading platform
Flying Tulip, an on-chain trading platform founded by Sonic Labs co-founder Andre Cronje, has begun raising capital to support its launch and expansion. In an Aug. 14 post on X, Cronje invited U.S.-based funds to contact the team, marking the…...
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Bullish Bets Lose $860M to Liquidations as ETH, BTC, XRP, DOGE Price Drop 9%
Crypto markets saw over $1 billion in leveraged positions wiped out in the past 24 hours after hotter-than-expected U.S. Producer Price Index (PPI) data fueled fears of persistent inflation and delayed Federal Reserve rate-cut expectations. The sell-off came hours after bitcoin hit a fresh all-time high above $123,500, with...
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XRP Sheds 7% on $437M Sell Spike as $1B Liquidations Hit Crypto Market
XRP fell sharply in the last 24 hours as large-scale liquidations swept through the market, pushing the token to its lowest levels in over a week before signs of stabilization emerged. The move saw over $1 billion in market-wide liquidations and record intraday selling volume, testing critical institutional support...
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Hong Kong’s SFC sets new custody standards for crypto trading platforms
Hong Kong’s new custody standards could enhance global trust in its digital asset sector, potentially attracting more international investors. The post Hong Kong’s SFC sets new custody standards for crypto trading platforms appeared first on Crypto Briefing....
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180 Life Sciences Stock Slides After-Hours As Ethereum’s Decline Triggers Massive Sell-Off
180 Life Sciences Corp. (NASDAQ:ATNF) shares slid 1.45% in after-hours trading on Thursday, coinciding with the decline of the company’s primary reserve asset, Ethereum (CRYPTO: ETH). ATNF shares are sliding. Get the market research here. ETH’s Decline Drags Down ATNF Stock Ethereum sank below $4,500, reversing sharply its gains...
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Coinbase flags 50% rise in altcoin market cap since July — Is this the start of altcoin season?
The altcoin market has surged more than 50% since early July, strengthening calls for altcoin season. According to Coinbase’s latest monthly market report, published on Aug. 14, this growth, alongside falling Bitcoin (BTC) dominance, could be the first sign of…...
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