Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.
Crypto critics file updated campaign finance complaint against Coinbase
The complainants and Coinbase disagree on whether a government contract to custody seized crypto breaches campaign finance laws or not.
US Bitcoin, Ethereum ETFs hit $6B volume amid market rout
Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs.
US senators urge CFTC to finalize ban on election betting
It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.
Trump cautions current administration not to sell Bitcoin
The former president continues to stress that if the United States does not innovate in the digital asset sector, other countries will.
The Bitcoin bottom is not in — BTC traders set price targets in low $40K range
Crypto traders appear to agree that today’s market rout is far from over.
Swan Bitcoin cancels conference amid staff reduction, mining shutdown
According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July.
US government transfers 300 ETH — Arkham Intelligence
The 300 Ethereum coins were transferred from a wallet identified as “Noman Seleem Seized Funds” by the onchain analytics firm.
Crypto market’s ‘perfect storm’ can lead to further massive capitulation
A rapid decline in the traditional markets has spread to cryptocurrencies, obliterating them with a significant drop in all major assets. What are the possible factors for this perfect storm?
Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.