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!

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

Nick Cowan, group CEO of fintech firm Valereum, which specializes in tokenization for equities, bonds and other assets, weighs in on this week's crypto sell-off.

Valereum's Nick Cowan sees 'gradual' August recovery for bitcoin and ether following sell-off

The Independent

Bitcoin is experiencing its worst price crash since 2022, falling more than 10 per cent on Monday morning to hit a six month low.The world’s leading cryptocurrency dropped below $50,000 (£39,000) for the first time since February before recovering to $52,000 at the time of writing.The sudden plummet comes after one of the most positive periods in bitcoin’s history, having rallied to a record-breaking $74,000 in March and remained close to that level until this weekend.Other leading cryptocurrencies have suffered even greater losses, with Ethereum (ETH), Binance Coin (BNB), Cardano (ADA) and Solana (SOL) all falling by around 15 per...

Bitcoin price in free fall as crypto market crashes

A Bitcoin miner who has been dormant for over a decade, transferred 250 Bitcoin (BTC), valued at approximately $13.95 million, to five new wallets on Wednesday. Beginning in 2010, the wallet meticulously accumulated 250 BTC through mining, a process that was then significantly less competitive and energy-intensive compared to today's standards, according to on-chain data.

Satoshi Era Bitcoin Miner Moves $14 Million BTC to New Wallets

Is Saylor responsible for significant Bitcoin price spike?. Popular cryptocurrency influencer Whale Panda recently speculated that MicroStrategy co-founder Michael Saylor was responsible for the swift market recovery. On Thursday, the Bitcoin price came close to reclaiming the $63,000 level despite plunging below the $50,000 level. The massive price jump has...

Did Saylor Single-Handedly Push Bitcoin Higher? Adam Back Weighs In

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 leveraged positions were liquidated, and prices are technically under pressure despite the current stability. Global Liquidity Set To Rapidly Rise: Will Bitcoin Benefit?. Still,...

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

Bitcoin has “purged” market speculators as liquidations reach $365 million, new research says. In the latest edition of its weekly newsletter, “The Week Onchain,” crypto analytics firm Glassnode confirmed a “statistically significant capitulation.”. Bitcoin unrealized losses echo FTX. Bitcoin (BTC) short-term holders (STHs) have come...

Bitcoin speculators sit on 93% unrealized losses after $365M ‘wipeout’

Check out which surprising crypto could explode in value. Benzinga crypto analyst Armando Pantoja predicted on Tuesday that Shiba Inu price will FOMO to $0.001. But, one of SHIB’s competitors may beat it to 100x. Although anything can happen in markets and past performance is no guarantee of future...

Shiba Inu’s Price Probably Won’t 100x: But This Crypto Asset Might

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

A widely followed analyst is expressing bullish sentiment on Bitcoin (BTC) days after the flagship cryptocurrency fell to a six-month low. The analyst pseudonymously known as Rekt Capital tells his 487,400 followers on the social media platform X that Bitcoin is “still on track for a September breakout.”. To...

Bitcoin on Track for a September Breakout, Says Crypto Analyst – But There’s a Catch

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Will Bitcoin (BTC) Drop More? Solana (SOL) Destroys Ethereum, Hits ATH, Shiba Inu (SHIB) Comeback Halted

Florida State

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Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

California State

In the United States, dealing with the Department of Motor Vehicles, or DMV, is no one’s idea of fun, but in California, it just got easier — and safer. In one fell swoop, the Golden State tokenized 42 million car titles and put them on the Avalanche blockchain.

Blockchain gets down and dirty fighting fraud at California’s DMV

Ether, a heavyweight in the cryptocurrency landscape, recently hit a rough patch as it witnessed a steep 20% one-day drop. This tumble has captured the attention of investors and market enthusiasts and is questioning the stability and predictability of digital currencies. Despite a turbulent market, the prognosis isn’t all doom...

Ether cryptocurrency faces steep one-day drop

Gold bug and long-time Bitcoin skeptic Peter Schiff may have unwittingly just acknowledged that the benchmark cryptocurrency has multiple real-world use cases. In an August 6 tweet, Schiff claimed that investing in the spot Bitcoin exchange-traded funds (ETFs) stymies the purpose of purchasing BTC in the first place. “It’s no...

Crypto Hater Peter Schiff Inadvertently Makes Strong Investment Case For Bitcoin

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

The New York Stock Exchange (NYSE) American LLC has proposed a rule change that will allow it to list and trade options for three Ether exchange-traded funds operated by crypto asset managers Grayscale and Bitwise. In an Aug. 7 filing to the Securities and Exchange Commission, the NYSE American asked...

Grayscale, Bitwise, NYSE American apply to list options on 3 Ether ETFs

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

The United States Internal Revenue Service (IRS) has updated its draft form for taxpayers to report digital asset transactions starting in 2026. In an Aug. 8 notice, the IRS released a draft of Form 1099-DA, “Digital Asset Proceeds From Broker Transactions.” The form, if approved by the tax service, the form would allow US taxpayers to report crypto transactions from 2025 by the filing deadline in April 2026.

IRS updates draft of crypto reporting form for US taxpayers

NewsBreak

Diamond hands: Mt. Gox creditors hodl Bitcoin despite 10-year wait

Mt. Gox was once a dominant cryptocurrency exchange, but a devastating security breach caused it to collapse and left approximately 127,000 creditors waiting to recover their...

Diamond hands: Mt. Gox creditors hodl Bitcoin despite 10-year wait

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