Day: September 5, 2024

Bitcoin slips below $57k, fear and greed index points to more downside

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Bitcoin price continued its slow retreat after the weak US jobs report and as the crypto fear and greed index dropped to the fear zone. Weak US jobs data Bitcoin (BTC) dropped to a low of $56,800 after ADP published a weak private payrolls report. According to the company, the American economy created just 99,000 jobs in August, the lowest increase in over two years. The figure was much lower than the median estimate of 144k. On Wednesday, Sep. 4, a separate report by the Bureau of Labor Statistics revealed…

Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

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On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs saw money flowing out on Wednesday, with nearly identical divestments. According to […] Original

Former Mt Gox CEO Mark Karpeles to Launch New Crypto Exchange With a Focus on Transparency

Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch a new cryptocurrency exchange named Ellipx later this month. Based in Poland, Ellipx aims to prioritize transparency and compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The platform will initially operate as a crypto-only exchange, with plans to […] Source CryptoX Portal

Bitcoin Price (BTC) Fell 2.2% While Ether Price (ETH) Dropped 2.4% as the Coindesk 20 Trends Downward

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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…

XRP Rides High as Major Japanese Exchange Adds Support

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Stellar (XLM) Highlights Blockchain’s Humanitarian Impact at Point Zero Forum

Alvin Lang Sep 05, 2024 13:26 Stellar (XLM)’s Candace Kelly discussed blockchain compliance and humanitarian aid at the Point Zero Forum, showcasing the real-world applications of the Stellar network. The Stellar Development Foundation (SDF) recently took center stage at the Point Zero Forum, a prominent fintech event, to discuss the transformative potential of blockchain technology. According to Stellar, Chief Legal and Policy Officer Candace Kelly shared valuable insights on blockchain compliance and the use of the Stellar (XLM) network for humanitarian aid…

Another 7 Day 5.44% Low For ETH As Whales Shift Towards This 100x Meme Bomb

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Este artículo también está disponible en español. Ethereum (ETH), often hailed as the king of altcoins, has been experiencing a tumultuous period recently. Over the past seven days, Ethereum has dropped by 5.44%, causing concern among investors and enthusiasts. Despite being one of the most established and widely used cryptocurrencies, Ethereum’s recent performance has not been encouraging, leading many to wonder whether it can maintain its dominance in the rapidly evolving crypto space or will the thrown be passed on to new comer meme coin Mpeppe (MPEPE). A New Contender:…

Pepe Coin (PEPE) and Mpeppe (MPEPE)

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Este artículo también está disponible en español. As the cryptocurrency market faces its usual September downturn, savvy investors are on the lookout for opportunities amid the chaos. While major coins like Bitcoin and Ethereum have seen significant declines, meme coins have not been spared. Pepecoin (PEPE) has dipped alongside its peers, but for those looking for resilient and promising meme coins, Mpeppe (MPEPE) emerges as a strong contender to buy during this volatile period. Pepe Coin (PEPE): Navigating the Storm Pepecoin, one of the most well-known meme coins, has seen…