WazirX Revote Passes With 95.7% Support: When Will Users Get Their Crypto Back?
WazirX’s amended restructuring plan has gained 95.7% approval in the revote, bringing users another step closer to recovering their crypto. WazirX Restructuring Heads Back To Court After Overwhelming Support Indian crypto exchange WazirX became prey to a notorious hack in July of last year, in which it lost user...
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Tron Short-Term Gains Exceed 30%: Rising Profits Could Spark a Market Rally
Tron (TRX) short-term holders (STHs) are witnessing good returns, with some groups now sitting on profits exceeding 30% in just three months. Recent analysis by CryptoQuant contributor Burak Kesmeci shows that one-week holders of the token are currently up 3.8%, while one-month holders have gained 10.3%. However, three-month TRX...
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Anthony Scaramucci Maintains Year-End Bitcoin Target Between $180,000-$200,000, Says He Owns ‘A Lot’ Of BTC
Anthony Scaramucci, the founder and CEO of SkyBridge Capital, reiterated on Tuesday Bitcoin’s (CRYPTO: BTC) year-end price target between $180,000-$200,000 despite the ongoing pullback. Bitcoin Poised For Growth Despite Consolidation During an interview with CNBC, Scaramucci weighed in on the current state of the Bitcoin market. “I think what’s happening now is...
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Bitcoin slides, Ether, XRP, Dogecoin move lower ahead of Fed Chair’s final Jackson Hole speech
Crypto market volatility underscores investor anxiety over potential Fed policy shifts, highlighting broader economic uncertainty and risk. The post Bitcoin slides, Ether, XRP, Dogecoin move lower ahead of Fed Chair’s final Jackson Hole speech appeared first on Crypto Briefing....
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Bitmine Becomes 2nd Largest Crypto Treasury Company: Now Holding $6.6B In Ethereum
BitMine, a publicly traded company renowned for its bold treasury strategy, has officially become the second-largest crypto treasury company in the world. The firm now holds more than $6.6 billion worth of Ethereum (ETH), totaling 1.52 million tokens — a staggering 1.26% of the total ETH supply. This milestone...
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Bitcoin Falls As ‘Fear’ Overtakes Investors; Ethereum, Dogecoin, XRP, SOL Also Slide: Analyst Expects More Dips, But Predicts A Bullish September
Leading coins plunged deeper on Tuesday as “Fear” sentiment took over the cryptocurrency market. Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m. ET) Bitcoin (CRYPTO: BTC) -2.84% $113,153.74 Ethereum (CRYPTO: ETH) -5.54% $4,096.60 XRP (CRYPTO: XRP) -6.43% $2.87 Solana (CRYPTO: SOL) -4.03% $177.68 Dogecoin (CRYPTO: DOGE) -6.30% $0.2103 ‘Greed’...
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Crypto Giants Team Up: New Nonprofit Aims to Shape Washington’s View on Blockchain & AI
A new nonprofit backed by some of the most prominent players in the crypto asset space has launched with the goal of improving how US lawmakers engage with emerging technologies. The American Innovation Project (AIP), supported by Coinbase, Uniswap Labs, Kraken, Paradigm, and the Digital Currency Group (DCG), officially...
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Asia Morning Briefing: Market Observers Say Bitcoin’s Structure Looks Weak Even as Industry Strengthens
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading...
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Bitcoin Apparent Demand Weakens: Expansion Slows To 30K BTC
Bitcoin is once again under pressure after failing to sustain momentum above the $120,000 mark and now struggling to hold support near $115,000. The recent rejection from the $125,000 level has triggered heightened volatility, with selling pressure weighing on short-term market sentiment. Despite printing new all-time highs last week,...
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Crypto Bleeds Ahead of Powell’s Jackson Hole Speech — Eight Reasons Why Traders Are Nervous
Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed’s FOMC minutes on Wednesday and Fed Chair Jerome Powell’s Jackson Hole speech on Friday. Bitcoin dropped 3.2% in the past 24 hours to slip below $114,000, while ether fell 5.3% to under $4,200....
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