The Protocol: Blockchains Keep Launching, From Sei to Shibarium
The week in blockchain tech: Two much-hyped networks debut, though the launches weren't quite as smooth as organizers might have hoped. ALSO: What is restaking? (Answer: it's the blockchain security trend you didn't know you needed to know about.)
Bitcoin's 2023 Bullish Trendline in Focus as Traders Search for Directional Clues
A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows.
Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump
One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.
Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly
A boring August has turned into a bloodbath. Two-thirds of leveraged funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.
Bitcoin Slips to $29K, but Fundstrat's Tom Lee Sees $150K on ETF Approval
Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.
Bitcoin Vapid, Gold Weakens as Russian Ruble and Argentinian Peso Crash
The latest crash in ruble and peso represents reveal cracks in the global market, per one observer. Still, perceived safe havens like bitcoin and gold remain under pressure.
Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150
Traditional markets fell sharply as well, with the major U.S. stock indexes shedding more than 1% on Tuesday.
