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$83 Billion in Bitcoin (BTC) in 24 Hours: What's Happening?

Michael Saylor's Epic Bitcoin (BTC) Price Prediction Stuns Crypto Community

Amidst the latest crypto recovery, one analyst has stated that the total market capitalization has completed its short-term correction and will restart its bull run soon. Michael van de Poppe, the analyst in question, believes that the next long-term target for the crypto market capitalization is $4 trillion. Currently, the market is worth just above $2.3 trillion.

Bitcoin, Ether, XRP, Solana, Cardano, Shiba Inu Braced For Explosive $4 Trillion Storm

Both Bitcoin and Ethereum hiked by over 3% in the last trading session. Compared to ETH, BTC seemed overvalued at press time. Bitcoin and Ethereum have long been two of the market’s biggest cryptos. However, tribalism within the community has often placed them at opposite ends of any spectrum, which is why comparisons are common.

Bitcoin vs Ethereum – Every $1 invested in either of these cryptos will…

FXDailyReport.com

Gold futures cratered toward the end of the trading week as traders combed through the latest gross domestic product (GDP) report. The yellow metal is slumping even as the US dollar weakens and the US treasury market swims in an ocean of red ink. Market watchers say profit-taking could be the only explanation.

Gold Crashes After US Q2 GDP Tops Forecasts

1.56 Trillion Shiba Inu (SHIB) in 24 Hours: Whale Comeback

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

A new token priced at only $0.005 has quickly attracted the attention of big investors. In just 72 hours since its launch, the token has raised a remarkable $150,000, showing strong interest from both prominent investors and crypto enthusiasts. This fast influx of funds highlights the token’s potential and growing popularity. As the presale continues, it’s becoming a key opportunity for those looking to invest early and benefit from significant future growth.

Newly Launched Crypto Priced At Just $0.005 Attracts Whales Investments, Raises $150,000 In Just 72 hours

Here are some possible scenarios for XRP’s price following the latest crash. XRP dropped from $0.66 to around $0.56, with a bearish pattern indicating a further downtrend. Some analysts remain optimistic, predicting a rebound and possible rise to an all-time high within a year. XRP Lost the Momentum. Ripple’s...

Ripple (XRP) Price Plunges by 14% in 3 Days: More Pain Incoming or Signs of Reversal?

Cardano founder Charles Hoskinson believes that only the “real cryptocurrencies” with integrity and utility will weather the ongoing market storm. His sentiments come amid a bloodbath that has seen the global crypto market cap plunge by 16% to $1.8 trillion within 24 hours. Most cryptocurrencies were trading in the red at the time of writing.

Cardano Founder Says Real Cryptos Will Weather Any Storm As $300 Billion Is Wiped Out Of Crypto Market

Colorado State

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Aurora, CO

David Heitz

The Aurora Police Department released a statement on Tuesday on social media to clear up misinformation about an incident involving thousands of migrants. “Misinformation has spread on social media regarding the large gathering on Sunday at Gardens on Havana shopping center,” Aurora PD posted on X. “We recognize that Sunday’s incident was disconcerting and alarming for a large number of our residents and citizens. The purpose of this message is to provide the community with accurate information based on what we know right now.”

Law-abiding Venezuelans watch election results in Aurora, leave behind mess

Arthur Hayes came up with a tweet suggesting a possible reason behind the ongoing market crash. Bitcoin’s price crashed toward $53,000, losing more than $17,000 since last Monday. This has been one of the cryptocurrency’s worst weekly performances in its entire history. In the past 24 hours alone,...

The Reason Behind Bitcoin’s Price Crash: Arthur Hayes Speculates

Based on readings from technical indicators and chart patterns, Shiba Inu (SHIB) and Bonk (BONK) are on the brink of a dramatic price surge. Similarly, RCO Finance (RCOF), a new entity on the crypto scene, is mirroring the price action of these top crypto coins, hinting at a prospective jump.

Shiba Inu (SHIB) and BONK on the Verge of 1,240% Spike: This $0.0127 Ethereum Token Is Following

Crypto investors are going crazy for WienerAI, the AI-powered meme coin taking the market by storm. This token has raised over $9 million in its presale, and with just three days left before it hits exchanges, everyone’s rushing to get their hands on WienerAI (WAI) before it potentially explodes.

WienerAI Meme Coin Hits $9M in Presale with Just 3 Days Left Before Exchange Launch

Ripplrice has been recovering recently, spreading optimism among market participants and XRP investors. Looking at the XRP/USDT chart’s daily timeframe, the price has rebounded from the $0.4 support level with momentum. It has reclaimed $0.5 and the 200-day moving average, located around the $0.55 mark. The market is currently...

Ripple Price Analysis: The Reason XRP Crashed by 6% in the Past 24 Hours

Ethereum has been experiencing a prolonged period of bearish price action. The altcoin has been relatively quiet, with its price declining, leaving many investors and traders feeling uncertain. However, a notable bullish proponent continues behind the scenes, indicating a potential shift in market dynamics. In the last few days, on-chain...

Ethereum Whales Buy $440 Million In ETH In One Day, Do They Know Something You Don’t?

Bitcoin prices plummeted by 3% to $64,000 after the Fed meeting, triggering over $56 million in liquidations. Fed Chair Jerome Powell hints at potential 25 bps rate cut in September, depending on July’s inflation data. Following the recent Federal Reserve meeting, where interest rates remained steady at 5.25-5.5%, Bitcoin...

Bitcoin Crashes After Fed Meeting: $56 Million Wiped Out in Hours!

BTC dumped to its lowest price position since late February. Bitcoin’s price troubles seem to have no ending as the asset kept plunging on Monday morning and fell to its lowest price position since late February of $53,000. This means that BTC has lost about $17,000 since last Monday,...

To Lose $17,000 in a Week: Bitcoin Plunges to 5-Month Lows at $53,000

Crypto mogul Mike Novogratz has highlighted a a report that focuses on key trends in cryptocurrency mining. In a recent social media post, cryptocurrency mogul Mike Novogratz stated that 2024 is a "pivotal" year for Bitcoin mining. He has stated that the industry managed to display "incredible resilience" through economic...

Crypto Billionaire Novogratz Says 2024 Is Pivotal for Bitcoin Mining Industry

Circle’s USD Coin (USDC) saw a surge in July trading volume due to increased market funds and new European digital asset regulations. The total stablecoin market capitalization grew by 2.11% in July, reaching $164 billion, according to CCData. This marks a ten-month consecutive ascent for major stablecoins, with their...

Stablecoin Market Cap Hits $164B, Extending 10-Month Growth Streak: CCData

NewsBreak

Bitfarms’ Operational Hash Rate Hits 11.1 EH/s, Up 109% from Last Year

Since the Bitcoin halving in April this year, Bitfarms has witnessed a 62% increase in its earnings. Toronto-based Bitcoin mining company Bitfarms announced that its operational...

Bitfarms’ Operational Hash Rate Hits 11.1 EH/s, Up 109% from Last Year

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