Month: August 2024

Here’s why Bitcoin price dropped in August

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Bitcoin price is on track for a monthly decline even as major stock indices like the Dow Jones, Nasdaq 100, and Nifty 50 jumped to record highs.  Bitcoin (BTC) dropped by almost 10% in August, while the Nasdaq 100 index rose by over 2% and gold peaked at an all-time high of $2,530. This performance occurred despite the US dollar index plunging to $100.1, down by over 6% from its highest point this year. Typically, Bitcoin performs better when the greenback is falling. Notably, it fell even as spot Bitcoin…

Pepecoin Investors See Massive Benefits In Adding Their Rival To Their Portfolio

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The world of meme coins is buzzing with excitement, and Pepecoin (PEPE) continues to capture the attention of investors. Recently, Pepecoin (PEPE) experienced a remarkable surge, with its value increasing by more than 10% in just a week. As the broader meme coin market flourishes, Pepecoin (PEPE) investors are diversifying their portfolios to capitalize on emerging opportunities. One token that has caught their eye is Mpeppe (MPEPE), a rising star in the meme coin space that promises significant potential for explosive growth. Pepecoin (PEPE) has shown incredible momentum over the…

A New Era for Decentralized Gambling?

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The cryptocurrency world is no stranger to dramatic trends, but the recent surge of interest in Mpeppe (MPEPE) has truly captivated the market, particularly among investors in Fetch AI (FET). As decentralized gambling gains traction, Mpeppe (MPEPE) is emerging as a potential game-changer, promising returns that are hard to ignore. Meanwhile, FET and other AI tokens are experiencing a remarkable performance, outperforming the broader crypto market. This convergence of trends is creating a new wave of excitement and speculation among investors. The AI Token Rally: FET Leads the Charge Fetch…

FET Holder Influx Boosts Mpeppe: Is This a Bullish Signal for the Future of Blockchain and AI?

Recently, the Mpeppe (MPEPE) token has caught the attention of Fetch AI (FET) holders, sparking a wave of interest that could be a bullish signal for both blockchain technology and artificial intelligence (AI) in the decentralized finance (DeFi) space. But what does this influx of Fetch AI (FET) holders into Mpeppe mean for the future of these technologies? The Current State of Fetch AI: A Downturn with Potential Fetch AI (FET) has been a significant player in the AI-driven cryptocurrency market, known for its innovative approach to integrating AI and…

History and evolution of Bitcoin ATMs

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin ATMs mark a key moment in digital finance history, reflecting on their evolution and future potential. Bitcoin ATMS are landmarks for the digital writing and public view of a standout amongst the most extraordinary worldwide fiscal designs in sitting memory. A brief background on the historical evolution of Bitcoin ATMs can be helpful in better assessing where we are today and what possibilities lay ahead.  This article explores…

Solana (SOL) Funding Rate Signals A Decline: Investors Expect $130

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Solana is now trading around a critical support level after experiencing a 15% decline from its local highs at $162.36. While Solana has shown relative strength compared to other altcoins, the recent price action has introduced heightened volatility and potential risks for investors.  Related Reading Fear and uncertainty currently dominate the market, with key data from Coinglass revealing a bearish sentiment among traders. This sentiment shift reflects the broader market concerns as Solana approaches this crucial support level.  The coming days will be pivotal in determining whether Solana can stabilize…

Bitcoin Price (BTC) Rose 0.5% While Ether Price (ETH) Stayed Flat

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

US Bitcoin ETFs See $71.73M in Outflows as 5 Funds Take a Hit

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On Thursday, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) experienced $71.73 million in outflows, with reductions seen across five distinct funds. Notably, Grayscale’s ETHE led the spot ether ETFs, which faced $1.77 million in outflows, by losing $5.35 million. Bitcoin and Ether ETFs Face Outflows During the trading sessions on Aug. 29, the collective […] Original