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$83 Billion in Bitcoin in 24 Hours, Shiba Inu Confirms Death Cross, Ripple Unlocks Massive 500 Million XRP: Crypto News Digest by U.Today

In a dramatic turn of events, Solana (SOL) has experienced a steep 40% decline in just 48 hours, highlighting a significant downturn amid current market volatility. This sharp drop underscores concerns about the asset’s stability and raises questions about its future performance as it contends with ongoing market instability. With technical indicators suggesting a bearish trend and a broken support level, investors are left uncertain about Solana’s recovery prospects.

Solana (SOL) Drops 40% in 48 Hours, Experts Recommend a New Investment Alternative for Your Portfolio in 2024

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!

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

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

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

The approval of spot Ethereum ETFs could significantly boost Ethereum's price and attract new investors. Ethereum also holds several fundamental value propositions that make it an ideal long-term investment. Amidst the recent market correction in crypto, Ethereum stands out among a crowded field for several reasons. After a strong start...

The Ultimate Cryptocurrency to Buy With $1,000 This Summer

The excitement in the crypto market is cooling down, sparking debates about whether this is a mere dip or the end of a stronger trend. Big players are quietly buying, but emotions are running high as the Fear & Greed Index plummets to 17. Readers curious about potential growth coins and market signals will find insights here.

Crypto Alert🚨: Bull Run over or Temporary Pause? Whales Buy Big as Fear & Greed Index Drops to 17

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

Chicago, IL

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?

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Peter Brandt: Take This Bitcoin Chart 'Seriously'

The crypto market recently faced a huge downturn, with significant losses across the board. Amid this financial chaos, certain cryptocurrencies show potential for recovery and growth. Readers will discover which coins are positioned to bounce back and offer promising returns. This analysis highlights the top digital assets to keep an eye on post-liquidation.

Surviving the Market Bloodbath: Top Cryptos to Watch After $312 Million Liquidated

In a recent development that has sparked considerable outrage within the XRP Ledger (XRPL) developer community, Ripple is under fire for altering a podcast clip. The edited segment was part of Ripple’s new podcast series titled “Exploring Ripple’s New Stablecoin Ripple USD (RLUSD)”, featuring CTO David Schwartz and Ripple President Monica Long discussing the upcoming launch of the stablecoin and various aspects of the XRP Ledger ecosystem.

XRP Ledger Devs Outraged Over Edited Clip By Ripple: Here’s What Happened

Banking behemoth JPMorgan has said that in the face of the ongoing crypto market liquidation across asset classes, a “buy-the-dip” opportunity would soon present itself. From its daily low of around $50,000, Bitcoin (BTC) has seen a dramatic comeback of over 8% rebounding above $54,000 and causing short liquidations in the crypto market.

Crypto Market Recovery Ahead? JPMorgan Highlights Buy-The-Dip Moment

Max Keiser, a Bitcoin advocate and advisor to the president of El Salvador, has shared his view on the future of Bitcoin in a recent post on the X platform. Keiser took jabs at traditional assets holders, including luxury properties. In his view, fiat money, stock and gold do not stand a chance against BTC, because no one will trade those assets for Bitcoin.

'Everything to Zero Against Bitcoin': Max Keiser Shares Epic Prediction

Popular on-chain analyst Willy Woo is predicting that Bitcoin (BTC) will ultimately hit a massive value for one key reason. Woo tells his 1.1 million followers on the social media platform X that Bitcoin could capture 3% of the total wealth assets and soar more than 975% from the current value.

Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline

The crypto market entered choppy waters, with Bitcoin (BTC) facing the largest decline in months. Altcoins aren’t faring any better; they are taking the biggest hits. Worldcoin (WLD) and ORDI (ORDI) retest key support levels, sparking concerns among holders and the wider crypto community. Meanwhile, analysts are bullish on...

Worldcoin and ORDI Retest Critical Support Level; Why Are Analysts Bullish on This New Presale Token?

While Bitcoin continues to be a fantastic long-term investment, a number of cryptocurrencies could outperform it over the short to medium term. Solana is the leading rival to Ethereum, and could be the next major cryptocurrency to get a spot ETF. Toncoin is a pioneer in the area of tap-to-earn...

Forget Bitcoin: 2 Cryptos I've Got My Eye On In the Second Half of 2024

New projects emerge in the crypto space every day. One project that stands out is SpacePay, a London-based financial business focused on simplifying crypto payments. This approach positions SpacePay as a potential 50x crypto in 2024. Let’s explore what SpacePay offers, how it can help crypto users and shopkeepers, and its roadmap.

SpacePay Might Be the Next 50X Crypto in 2024: Here’s Why

NewsBreak

Bitcoin Attractive, US Fed To Soon Begin Adding $30 Billion Every Month: Will BTC Fly?

While Bitcoin and top altcoins are stable at press time, the sharp liquidation from the weekend to August 5 led to a major shakeout. Billions of...

Bitcoin Attractive, US Fed To Soon Begin Adding $30 Billion Every Month: Will BTC Fly?

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