Arthur Hayes’ ‘sub $50K’ Bitcoin call, Mt. Gox CEO’s new exchange, and more: Hodler’s Digest, Sept. 1 – 7
Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new...
Day: 7 September 2024
Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement
Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter...
Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve
Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing...
Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility
In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a...
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s...
El Salvador marks 3 years of Bitcoin adoption with $31M profit
Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
Cardano down 75% vs. Bitcoin 2 years after Charles Hoskinson questioned BTC longevity
After breaking below a lifetime support level, ADA's price versus Bitcoin could drop by another 25% in the coming months.
Is XRP price quietly setting up for a rally toward $1?
An inverse-head-and-shoulder pattern is developing on the XRP weekly chart, awaiting a breakout toward $1.
NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts
After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens...
Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins
In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value....
Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As...
September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit
Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin...
Roaring Kitty returns with cryptic X post, Solana-based CHEWY memecoin soars 28%
Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company,...
Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures
The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between...
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The...
