Month: August 2024

Bitcoin Miner Marathon’s (MARA) Share Price Tumbles After Revenue Unexpectedly Misses Wall Street’s Estimates

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Hamster Kombat Releases Whitepaper, Allocates 60% of Upcoming Airdrop to Community Distribution

Hamster Kombat, the popular tap-to-earn game built on the TON network, has announced the release of its whitepaper and an updated development roadmap. Through social media, the project revealed that, due to players’ contributions to its success, it has allocated 60% of its upcoming airdrop for community distribution. Hamster Kombat Updates Roadmap, Discloses Community Distribution […] Source CryptoX Portal

Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond

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Bitcoin has been on a rollercoaster ride ever since it reached its all-time high (ATH) of $73,737 back in March. However, regardless of that, several analysts and traders in the crypto community remain persistent in their bullish outlook for the asset. An example is Willy Woo, a well-known figure in the crypto sector. Earlier today, Woo shared his optimistic view on Bitcoin and insights on how high BTC’s price could potentially climb to hit this anticipated high mark. Bitcoin Road To $700,000: Tough Or Smooth? According to Woo in his…

Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm

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An analyst has warned that support levels weaken the more they are retested and Bitcoin is now doing a third consecutive retest of a major such level. Bitcoin Is Again Retesting The Short-Term Holder Realized Price As explained by CryptoQuant community manager Maartunn in a new post on X, BTC’s latest drawdown has led to it doing another retest of the short-term holder Realized Price. The “Realized Price” here refers to an indicator that, in short, keeps track of the average cost basis of the investors or addresses on the…

Bitcoin down 10% since end of July 29, DOW also slips

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Bitcoin showcased its correlation to traditional markets on Aug. 1 as the cryptocurrency slumped alongside stocks and market indexes. Bitcoin (BTC) has declined over 10% since July 29, when the cryptocurrency surged toward $70,000 and reached a two-month high after Donald Trump’s remarks in Nashville. As of this writing, the asset was trading under $63,500. 24-hour BTC chart on Aug. 1 | Source: crypto.news BTC’s 7% slump in 24 hours coincided with significant drops in the S&P 500 and Dow Jones market indexes. Specifically, the Dow Jones Industrial Average fell…