September 6, 2024

Venezuelan Opposition Leader Proposes Bitcoin as National Reserve Asset

María Corina Machado, a leading figure in Venezuela’s opposition, has proposed a plan to adopt Bitcoin (BTC) as a national reserve asset. In an interview with Alex Gladstein from the Human Rights Foundation on Thursday, she called the cryptocurrency a “lifeline” and a “vital means of resistance” against the country’s economic collapse. Bitcoin as a...
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Bitcoin Price Crashes Toward $53K But Arthur Hayes Expects It To Plummet Further

Bitcoin’s price collapsed on Friday below $53,000, reaching its lowest level since the “Black Monday” following macroeconomic shakeups in early August. The collapse appears to have fully corroborated the prediction of BitMEX co-founder Arthur Hayes, who believes there could still be more pain to come for crypto holders. Bitcoin traded for $56,925 at 1:25 PM...
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Euler Finance Exploiter Congratulates Penpie Hacker for Stealing $27 Million

The person behind 2023’s Euler Finance hack has congratulated the Penpie exploiter after the latter moved the bulk of the funds they stole to Tornado Cash. The Penpie thief transferred the money even as the decentralized finance (DeFi) platform pleaded for the funds to be returned in exchange for a bounty. The $27M Penpie Protocol...
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What Happened to Jason Derulo’s Meme Coin? No Updates Since July

American singer and dancer Jason Derulo has not provided any updates about his meme coin JASON since July, raising concerns about the cryptocurrency’s fate despite multiple promises about its future and development. On-chain sleuth ZachXBT brought Derulo’s silence on the project to light in a recent tweet, reprimanding influencers who promoted the token at its...
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Bitcoin UTXOs in Profit Fall to Lowest Level Yearly, Here’s What it Means

The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen in October 2023. This decline in this metric aligns with the current plunge in bitcoin’s (BTC) price and the downward trajectory of the broader crypto market. According to a report by CryptoQuant analyst EgyHash, this...
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Aleph Zero Joins CAMARA as the First Blockchain Organization

[PRESS RELEASE – Brussels, Belgium, September 6th, 2024] Aleph Zero will work alongside the world’s largest telecommunications organizations to help to develop standardized blockchain APIs for the industry Aleph Zero, a blockchain ecosystem engineered for speed, data confidentiality, and ease of development, has officially joined the CAMARA Foundation as a General Member. This strategic move...
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Ripple Co-Founder Endorses Kamala Harris for US President

According to a recent report, eighty-eight corporate leaders have signed a letter today, which endorses Kamala Harris for US president. 88 Corporate Leaders Show Support for Harris CNBC reported today that a total of 88 corporate leaders and top executives from various companies in the US have formally endorsed Vice President Kamala Harris in her...
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Is This Why Bitcoin’s Price Continues to Decline?

It’s no secret anymore that the 2024 bull run has been quite different than previous ones, at least in terms of when the all-time high came and how BTC has moved post-halving. The past week or so has not been kind to the asset as it dumped to a monthly low of $55,300. Are the...
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Announcement on Quarterly Futures Listings for Q4 2024

On 10 September 2024 at 04:00 UTC, we will be listing new quarterly futures on BitMEX. The new contracts are already visible on the platform now as Unlisted. Please see the table below for the listing and settlement dates of current and upcoming futures contracts for Q4 2024. The new contracts and updated contract specs...
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With 87.2% Of Investors Under Loss, TON & NOT Tokens Warns Major Crash?

With the release of Pavel Durov, CEO of Telegram, top Toncoin ecosystem tokens have recorded a considerable bullish recovery over the past 2 days. Notably, top tokens such as Toncoin and Notcoin had dropped significantly following the arrest in August. However, uncertainty continues to haunt its investors with over 87% experiencing losses. Moreover, with a...
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VSG Now Listed on Uniswap: Expanding Access and Freedom for Crypto Traders

[PRESS RELEASE – London, United Kingdom, September 5th, 2024] VSG, a cutting-edge digital currency initially launched on the Ethereum blockchain, is proud to announce its successful listing on Uniswap, one of the world’s leading decentralized exchanges (DEX). This milestone not only follows VSG’s recent Centralized Exchange (CEX) listing on Coinstore but also marks a significant...
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Now Live: Changes to Minimum Price Increments, Lot Size, Base Initial Margin and Maintenance Margin

Minimum Price Increments The Minimum Price Increments for the following contracts were reduced as shown below on 6 Sep 2024 at 04:00 UTC. Perpetual swap  Current Minimum Price Increment (USD) Minimum Price Increment (USD) starting 6 Sep 2024 04:00:00 UTC SUIUSDT 0.001 0.0001 ARBUSDT 0.001 0.0001 BOMEUSDT 0.00001 0.000001 BLASTUSDT 0.0001 0.000001 The Minimum Price...
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Attack of The Bears: Analysts Paint Bleak Short-Term Bitcoin Price Predictions

The Bitcoin market correction, which has been ongoing for the past six months, is currently around 23%, which isn’t too deep historically. However, analysts are growing increasingly bearish the longer this downtrend continues. In a post on X on Sept. 5, trader ‘Crypto Louca’ predicted that Bitcoin price will continue to retreat this year, falling...
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These Social Narratives Have Been Driving Crypto Markets Recently: Data

The crypto market responds to news, trends, and community discussions on various topics. Substantial knowledge of these narratives gives investors an edge and helps them make informed decisions that can protect their portfolios and investments in digital assets. Crypto research and intelligence platform Santiment has outlined some narratives that have shaped the market this year....
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Bitcoin (BTC) $ 95,328.54 2.21%
Ethereum (ETH) $ 3,297.13 2.91%
Tether (USDT) $ 0.999252 0.13%
XRP (XRP) $ 2.22 1.47%
BNB (BNB) $ 654.56 1.88%
Solana (SOL) $ 180.92 2.65%
Dogecoin (DOGE) $ 0.312406 4.50%
USDC (USDC) $ 0.999786 0.06%
Lido Staked Ether (STETH) $ 3,291.54 3.09%
Cardano (ADA) $ 0.885259 3.77%