Bitcoin Suddenly Crashes Under $118K as Liquidations Surge Toward $1B
Bitcoin’s price took an unexpected turn for the worse minutes ago as it dumped from over $121,000 to under $118,000. The altcoins have it even worse, with more painful declines that have harmed over-leveraged traders, as the total value of wrecked positions surges toward $1 billion. BTCUSD. Source: TradingView...
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Spectrum: A global RPC provider powering the multichain web3
Spectrum is redefining blockchain performance with its global bare-metal RPC infrastructure, powering over 1 billion daily calls. #partnercontent...
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Trump’s Treasury Secretary Scott Bessent rules out new acquisitions for crypto reserve
The decision to halt new crypto acquisitions may stabilize government reserves but could impact market dynamics and investor confidence. The post Trump’s Treasury Secretary Scott Bessent rules out new acquisitions for crypto reserve appeared first on Crypto Briefing....
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Turkish Crypto Exchange BtcTurk Witnesses $48M of Suspicious Outflows Amid Hack Fears
Around $48 million worth of cryptocurrency has been moved from wallets tied to Turkish exchange BtcTurk, raising fears of a potential hack. The incident involved large transfers of ether (ETH), Avalanche’s AVAX (AVAX), Arbitrum’s ARB (ARB), Base (BASE), Optimism’s OP (OP), Mantle (MANTLE), and Polygon’s MATIC (MATIC), with the...
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ICP Rallies to $6.08 Before Sharp Reversal Amid Security Concerns
Internet Computer Protocol (ICP) saw a volatile 24 hours, climbing from $5.84 to a session high of $6.08 before succumbing to selling pressure. The 5% swing unfolded within a $0.28 trading corridor, reflecting both strong buying interest and swift profit-taking, according to CoinDesk Research’s technical analysis data model. Early...
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PEPE Drops 4% as Memecoin Sector Underperforms Broader Crypto Market
Pepe (PEPE), the frog-themed memecoin that surged in popularity earlier this year, fell roughly 4% in the past 24 hours. The decline came as trading activity across the meme token sector cooled from highs seen earlier this week. The wider memecoin market, based on the CoinDesk Memecoin Index (CDMEME)...
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Corporate Bitcoin Adoption Is a ‘Dangerous Game of Balance Sheet Roulette’: Report
Institutional DeFi platform Sentora published a new report on Thursday, arguing that the corporate adoption of bitcoin (BTC) as a treasury asset, while popular, resembles a “balance sheet roulette.” “Bitcoin’s scarcity and programmability make it an unprecedented corporate asset — but without scalable yield and durable financing, most current...
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TeraWulf Jumps 22% on $3.7B AI Hosting Deal, With Google Taking 8% Stake
TeraWulf (WULF), has signed two 10-year high-performance computing (HPC) colocation agreements with AI cloud platform Fluidstack. The agreements lock in approximately $3.7 billion in contracted revenue, with potential to rise to $8.7 billion if two five-year extension options are exercised. Google will support the project by backstopping $1.8 billion...
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Vietnam police bust billion-dollar crypto Ponzi ring behind Paynet Coin scam: Report
Vietnam’s police say they have arrested 20 people in what they say is the country’s largest crypto scam, a multibillion-dollar Ponzi scheme built around Paynet Coin....
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Pi Network (PI) News Today August 14th
PI’s price has seen a slight rebound recently, coinciding with new updates from the project behind the token. In this article, we’ll cover the most noteworthy developments as of late. Recent Ecosystem Updates Pi News – an X account disclosing developments related to the controversial cryptocurrency project Pi Network...
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