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Latest from Krisztian Sandor
Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy
While the crypto rally was broad-based, with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
The Galaxy-backed project aims to attract DAO treasuries to allocate to its new stablecoin.
Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound
Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.
Grayscale Introduces Crypto Funds for Decentralized AI Project Bittensor's TAO and Layer-1 Network Sui's Token
The firm recently launched a decentralized artificial intelligence-focused crypto fund and uplisted its closed-end Ethereum Trust to an ETF last month.
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash
Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets.
First Mover Americas: Bitcoin Crashes to $50K as 'Perfect Storm' Hits Crypto Market
The latest price moves in crypto markets in context for Aug 5, 2024.
DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve
The exploiter created 58 million of the protocol's CVG token and then swapped for roughly $200,000 worth of wrapped ETH and crvFRAX and forwarded to Tornado Cash.
Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare
The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.
Tether Nets $5B Profits This Year, Says Its U.S. Debt Holdings Surpassed Germany's
The company said its $97 billion exposure to U.S. Treasuries would put it 18th in the ranking among countries.
