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Latest News On Cryptocurrency Today

Latest News On Cryptocurrency Today

Latest News On Cryptocurrency Today – The highs of the crypto market last week show that the market is turbulent, not only for crypto investors, but also for crypto companies. BT brings you the highlights.

How was the crypto world last week? Despite the market downturn, there were reports of innovation in payments, subscriptions and more.

Table of Contents

Latest News On Cryptocurrency Today

Celsius Network filed for bankruptcy this week. According to CEO Alex Mashinsky’s bankruptcy filing, $4.7 billion is owed to users on the crypto-lending platform. The platform’s native token, $CEL, is up more than 48 percent after filing for Chapter 11 bankruptcy, according to CoinMarketCap.

Bitcoin Price Prediction: Btc Surges Above $27,000; Key Level To Monitor Today

OpenSea, the largest secondary market for intangible tokens, has laid off 20 percent of its employees, blaming the general economic crisis. NFT market sales decreased by 70% in June 2022 compared to June 2021.

Cryptocurrency payment gateway CoinPayments has ceased operations in the US. In a dramatic move, they advised users to withdraw their funds by July 19. The cryptocurrency crash has hit the platform hard.

The U.S. Bankruptcy Court this week authorized a receiver to manage the assets of Three Arrows Capital and hired its founders.

Investment banking giant JPMorgan reported that the production price of Bitcoin has fallen from $24,000 in early June to $13,000 now.

Shiba Inu Nears 298 Trillion Shib Barrier, Xrp Lawyer Outlines 99.9% Win Scenario In Ripple

A report by Beosin and Footprint Analytics found that Web3 lost $718 million in 48 major attacks in the second quarter of 2022, from April to June.

In some positive news, crypto exchange Bitfinex has donated 36 Bitcoins and 600,000 USDT to support economic development in El Salvador. Interestingly, the president of El Salvador, Nayib Bukele, is an ardent supporter of cryptocurrencies, especially Bitcoin. In September 2021, the country passed a law accepting Bitcoin as legal tender.

Binance has completed its 20th burning quarter. At the time of the burn, $1.96 million worth of BNB tokens were withdrawn from circulation. The cryptocurrency was worth $444.6 million. In the dynamic world of cryptocurrencies, the ongoing debate is based on the best investment options between Bitcoin, Ethereum and altcoins. In particular, cryptoanalyst Michael van de Poppe shares insights about Platform X and explores the nuances of this market, highlighting the growing potential of altcoins amid the growing popularity of Bitcoin and Ethereum.

So let’s unpack the insights into altcoin investing, the opposite paths of Bitcoin and Ethereum, and the strategic aspects of navigating the crypto space.

Cryptobuzz Today: Top Headlines For Bitcoin Ethereum And Altcoins: 05/08/2022

Renowned cryptocurrency analyst Michael van de Poppe’s analysis sheds light on the cyclical nature of the crypto market, highlighting the recent resurgence of hype and sentiment. Prominent performers such as Solana and Injective have shown great momentum, raising the question of whether altcoins will remain viable investments.

At the same time, Van de Poppe acknowledges the decline of the market, where certain segments fare better than others due to constant traffic. Noting the success of the Solana ecosystem and the 50x increase in memecoin, the analyst warns against blindly throwing coins on social media.

In addition, he advises investors to carefully study possible returns and risks, emphasizing the decline and volatility of projects that have already achieved great success. The central point is the importance of critical thinking and common sense in an often vaunted market.

Van de Poppe’s analysis covers the decades-long debate between Bitcoin and Ethereum and examines the recent success of Bitcoin’s price, which rose 80% in eight weeks. However, with momentum slowing over the weekend, questions are being raised as to whether Bitcoin can sustain higher trends.

Customer Service In The World Of Cryptocurrency

He also noted that the upcoming and much-anticipated Bitcoin Spot ETF could help BTC maintain its higher momentum in the coming days. In addition, the analyst suggests a possible move to Ethereum, which is poised to grow with the Bitcoin Spot ETF expected in 2024 despite recent challenges.

Meanwhile, the contrasting trajectories of Bitcoin and Ethereum highlight the nuanced decision-making required in the crypto space. While Bitcoin could rise to $50,000, Ethereum’s potential rally to $3,000-$3,500 seems a more reasonable approach given the correction against the BTC pair, he said.

Basically, Michael van de Poppe’s ideas emphasize the importance of diversification, critical evaluation and forward thinking when navigating the ever-dynamic crypto market. As the industry evolves, strategic decisions that go beyond quick words will be key to sustainable and profitable investments.

A trained professional with 3 years of experience in the financial market, Rupam has honed his skills as a thorough research analyst and astute journalist. Enjoys learning the dynamic nuances of the financial landscape. He currently works as a sub-editor at”, Rupam’s expertise transcends traditional boundaries. His contributions include researching breaking news, AI-related developments, providing real-time crypto market updates, and providing in-depth economic news. Rupam’s journey is marked by a passion for uncovering the nuances of finance and delivering compelling stories that resonate with a diverse audience.

What To Know About Cryptocurrency And Scams

The displayed content may contain the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any responsibility for your personal financial loss. There was turmoil in the crypto market on Friday, with major digital assets falling. After a brief but spectacular surge following the approval of Bitcoin exchange-traded funds (ETFs) in the United States, the OG cryptocurrency Bitcoin has seen a steady decline in price.

The headwinds for the cryptocurrency market continue, with more than $247 million worth of cryptocurrency wiped out in the last 24 hours. According to CoinGlass, only about $68 million in bitcoin long positions were liquidated during that period.

The price of Bitcoin (BTC) fell another 3.6% in the last 24 hours. At the same time, the BTC price fell to $40,800 – the lowest level in a month. However, Bitcoin recovered some losses and was last seen changing hands at $41,080. Bitcoin’s market capitalization fell to $806 billion, with trading volume up more than 30 percent to $26.6 billion in the past 24 hours.

Ethereum – the third largest cryptocurrency – fell 2.8% to $2,460 in the last 24 hours. At press time, Ether had a market capitalization of $295.5 billion, with a trading volume of $11.9 billion, an increase of 18 percent. the last 24 hours.

Bitcoin Price Prediction For 2024

Tether (USDT) rose slightly to $0.99, while BNB rose 0.6% to $311.25. In the other 10 leading cryptocurrencies by market capitalization, their prices fell significantly in the last 24 hours.

Solana (SOL) is down 6.7%, XRP is down 3%, Cardano (ADA) is down 5%, and Avalanche (ADA) is up over 7%. Popular meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) rose more than 3% each.

In line with the negative sentiment, the global crypto market fell almost 3.5 percent to $1.62 trillion. The Fear and Greed Index was at 56, indicating that investor sentiment was dampened.

The price of Pepe Coin is down 5% in the last 24 hours to $0.000001125. As a result, his market value dropped to $473.7 million. In the last 24 hours, its trading volume increased slightly to $73.3 million.

Crypto Price Today: Bitcoin Inches Closer To $45,000 Mark, Several Cryptocurrencies Recover

A token called Sei Network has seen its price drop by more than 9% in the last 24 hours. At press time, SEI was trading at $0.717, with a market capitalization of $1.7 billion. The 24-hour trading volume was approximately 502 million USD, which is a decrease of 5% in the last 24 hours.

Conflux, the signature of Conflux, a Tier 1 public blockchain, is up about 2% in the last 24 hours to $0.1985. Its market capitalization rose to $720.8 million and trading volume increased 257% to $224.3 million in the last 24 hours.

An experienced team of local content writers and editors who work daily to cover news from around the world and present the news as facts, not opinions. writers and reporters contributed to this article.

The displayed content may contain the author’s personal opinion and is subject to market conditions. Before investing in cryptocurrencies, study the market. Neither the author nor the publication accepts any responsibility for your personal financial loss. The fast-paced world of crypto-news is a dynamic field shaped by constant change, regulatory changes, technological advancements and disruptive market movements. Recently, the crypto space has seen an explosion of changes that keep enthusiasts, investors and regulators on the edge of their seats. From the meteoric rise of certain digital assets to the revolutionary impact of blockchain technology, here’s a wide range of the most important news and trends currently driving the cryptographic landscape. Check crypto news to keep up with the latest developments.

Bitcoin Price Today: Crypto Price Today Live: Bitcoin Drops Below $28,100k; Dogecoin, Xrp Shed Up To 8%

Bitcoin, the leading cryptocurrency, dominates the market. 2022 saw volatility and stability, reaching new all-time highs, followed by a market correction. The ongoing debate about its role as a store of value and its sustainability amid global economic uncertainty continues to attract both institutional and retail investors.

Recently, the crypto space has seen a lot of changes, attracting enthusiasts, investors and regulators alike. From the phenomenal growth of certain digital assets to the transformative potential of blockchain technology, here

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  1. Latest News On Cryptocurrency TodayCelsius Network filed for bankruptcy this week. According to CEO Alex Mashinsky's bankruptcy filing, $4.7 billion is owed to users on the crypto-lending platform. The platform's native token, $CEL, is up more than 48 percent after filing for Chapter 11 bankruptcy, according to CoinMarketCap.Bitcoin Price Prediction: Btc Surges Above $27,000; Key Level To Monitor TodayOpenSea, the largest secondary market for intangible tokens, has laid off 20 percent of its employees, blaming the general economic crisis. NFT market sales decreased by 70% in June 2022 compared to June 2021.Cryptocurrency payment gateway CoinPayments has ceased operations in the US. In a dramatic move, they advised users to withdraw their funds by July 19. The cryptocurrency crash has hit the platform hard.The U.S. Bankruptcy Court this week authorized a receiver to manage the assets of Three Arrows Capital and hired its founders.Investment banking giant JPMorgan reported that the production price of Bitcoin has fallen from $24,000 in early June to $13,000 now.Shiba Inu Nears 298 Trillion Shib Barrier, Xrp Lawyer Outlines 99.9% Win Scenario In RippleA report by Beosin and Footprint Analytics found that Web3 lost $718 million in 48 major attacks in the second quarter of 2022, from April to June.In some positive news, crypto exchange Bitfinex has donated 36 Bitcoins and 600,000 USDT to support economic development in El Salvador. Interestingly, the president of El Salvador, Nayib Bukele, is an ardent supporter of cryptocurrencies, especially Bitcoin. In September 2021, the country passed a law accepting Bitcoin as legal tender.Binance has completed its 20th burning quarter. At the time of the burn, $1.96 million worth of BNB tokens were withdrawn from circulation. The cryptocurrency was worth $444.6 million. In the dynamic world of cryptocurrencies, the ongoing debate is based on the best investment options between Bitcoin, Ethereum and altcoins. In particular, cryptoanalyst Michael van de Poppe shares insights about Platform X and explores the nuances of this market, highlighting the growing potential of altcoins amid the growing popularity of Bitcoin and Ethereum.So let's unpack the insights into altcoin investing, the opposite paths of Bitcoin and Ethereum, and the strategic aspects of navigating the crypto space.Cryptobuzz Today: Top Headlines For Bitcoin Ethereum And Altcoins: 05/08/2022Renowned cryptocurrency analyst Michael van de Poppe's analysis sheds light on the cyclical nature of the crypto market, highlighting the recent resurgence of hype and sentiment. Prominent performers such as Solana and Injective have shown great momentum, raising the question of whether altcoins will remain viable investments.At the same time, Van de Poppe acknowledges the decline of the market, where certain segments fare better than others due to constant traffic. Noting the success of the Solana ecosystem and the 50x increase in memecoin, the analyst warns against blindly throwing coins on social media.In addition, he advises investors to carefully study possible returns and risks, emphasizing the decline and volatility of projects that have already achieved great success. The central point is the importance of critical thinking and common sense in an often vaunted market.Van de Poppe's analysis covers the decades-long debate between Bitcoin and Ethereum and examines the recent success of Bitcoin's price, which rose 80% in eight weeks. However, with momentum slowing over the weekend, questions are being raised as to whether Bitcoin can sustain higher trends.Customer Service In The World Of CryptocurrencyHe also noted that the upcoming and much-anticipated Bitcoin Spot ETF could help BTC maintain its higher momentum in the coming days. In addition, the analyst suggests a possible move to Ethereum, which is poised to grow with the Bitcoin Spot ETF expected in 2024 despite recent challenges.Meanwhile, the contrasting trajectories of Bitcoin and Ethereum highlight the nuanced decision-making required in the crypto space. While Bitcoin could rise to $50,000, Ethereum's potential rally to $3,000-$3,500 seems a more reasonable approach given the correction against the BTC pair, he said.Basically, Michael van de Poppe's ideas emphasize the importance of diversification, critical evaluation and forward thinking when navigating the ever-dynamic crypto market. As the industry evolves, strategic decisions that go beyond quick words will be key to sustainable and profitable investments.A trained professional with 3 years of experience in the financial market, Rupam has honed his skills as a thorough research analyst and astute journalist. Enjoys learning the dynamic nuances of the financial landscape. He currently works as a sub-editor at", Rupam's expertise transcends traditional boundaries. His contributions include researching breaking news, AI-related developments, providing real-time crypto market updates, and providing in-depth economic news. Rupam's journey is marked by a passion for uncovering the nuances of finance and delivering compelling stories that resonate with a diverse audience.What To Know About Cryptocurrency And ScamsThe displayed content may contain the author's personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any responsibility for your personal financial loss. There was turmoil in the crypto market on Friday, with major digital assets falling. After a brief but spectacular surge following the approval of Bitcoin exchange-traded funds (ETFs) in the United States, the OG cryptocurrency Bitcoin has seen a steady decline in price.The headwinds for the cryptocurrency market continue, with more than $247 million worth of cryptocurrency wiped out in the last 24 hours. According to CoinGlass, only about $68 million in bitcoin long positions were liquidated during that period.The price of Bitcoin (BTC) fell another 3.6% in the last 24 hours. At the same time, the BTC price fell to $40,800 – the lowest level in a month. However, Bitcoin recovered some losses and was last seen changing hands at $41,080. Bitcoin's market capitalization fell to $806 billion, with trading volume up more than 30 percent to $26.6 billion in the past 24 hours.Ethereum - the third largest cryptocurrency - fell 2.8% to $2,460 in the last 24 hours. At press time, Ether had a market capitalization of $295.5 billion, with a trading volume of $11.9 billion, an increase of 18 percent. the last 24 hours.Bitcoin Price Prediction For 2024Tether (USDT) rose slightly to $0.99, while BNB rose 0.6% to $311.25. In the other 10 leading cryptocurrencies by market capitalization, their prices fell significantly in the last 24 hours.Solana (SOL) is down 6.7%, XRP is down 3%, Cardano (ADA) is down 5%, and Avalanche (ADA) is up over 7%. Popular meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) rose more than 3% each.In line with the negative sentiment, the global crypto market fell almost 3.5 percent to $1.62 trillion. The Fear and Greed Index was at 56, indicating that investor sentiment was dampened.The price of Pepe Coin is down 5% in the last 24 hours to $0.000001125. As a result, his market value dropped to $473.7 million. In the last 24 hours, its trading volume increased slightly to $73.3 million.Crypto Price Today: Bitcoin Inches Closer To $45,000 Mark, Several Cryptocurrencies RecoverA token called Sei Network has seen its price drop by more than 9% in the last 24 hours. At press time, SEI was trading at $0.717, with a market capitalization of $1.7 billion. The 24-hour trading volume was approximately 502 million USD, which is a decrease of 5% in the last 24 hours.Conflux, the signature of Conflux, a Tier 1 public blockchain, is up about 2% in the last 24 hours to $0.1985. Its market capitalization rose to $720.8 million and trading volume increased 257% to $224.3 million in the last 24 hours.An experienced team of local content writers and editors who work daily to cover news from around the world and present the news as facts, not opinions. writers and reporters contributed to this article.The displayed content may contain the author's personal opinion and is subject to market conditions. Before investing in cryptocurrencies, study the market. Neither the author nor the publication accepts any responsibility for your personal financial loss. The fast-paced world of crypto-news is a dynamic field shaped by constant change, regulatory changes, technological advancements and disruptive market movements. Recently, the crypto space has seen an explosion of changes that keep enthusiasts, investors and regulators on the edge of their seats. From the meteoric rise of certain digital assets to the revolutionary impact of blockchain technology, here's a wide range of the most important news and trends currently driving the cryptographic landscape. Check crypto news to keep up with the latest developments.Bitcoin Price Today: Crypto Price Today Live: Bitcoin Drops Below $28,100k; Dogecoin, Xrp Shed Up To 8%