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Bitcoin and Ether Futures Close Lower on WednesdayCME Bitcoin futures (BTC) closed at $59,365.00 on Wednesday (August 28), down 4

Nvidia Stock Drops 5% Despite Exceeding Expectations, Crypto Plunges: Shakeout or Deep Dive?Nvidia's recent earnings report, eagerly awaited by the global market, revealed sales and earnings exceeding expectations. However, the stock price plummeted by 5% after the announcement, highlighting the "good news is bad news" phenomenon

Bitcoin Crashes Below $60,000, Ethereum Foundation "Dump" Triggers Market ShockBitcoin prices have plummeted, breaking below $60,000 and even touching $58,000 at one point. Ethereum followed suit, falling below $2,500

Whale Dumping ETH, Foundation Joins In? $599 Million ETH Flows Into Exchanges!According to ForesightNews, SpotOnChain monitoring reveals that four addresses have cumulatively sold or transferred 197,800 ETH, equivalent to $599 million, into centralized exchanges (CEX) over the past month. Among them, the Ethereum Foundation transferred 35,400 ETH, about $95 million, into CEX, currently holding 275,000 ETH, roughly $677 million

Bitcoin Long-Term Holders Realized Market Cap Surpasses $10 Billion, Indicating Growing Market ConfidenceAccording to Odaily Planet Daily, CryptoQuant analyst Amr Taha noted: "The realized market cap of long-term holders has exceeded $10 billion for the first time." This data signifies that this group has collectively spent $10 billion to acquire BTC, and this metric considers the last sale price of each BTC

Bitcoin "Cup and Handle" Pattern Emerges: A Bullish Trend on the Horizon?From a technical analysis perspective, Bitcoin's weekly chart is exhibiting a pattern known as the "Cup and Handle," which typically signals an upward price trend after the pattern's full formation. However, it's important to note that before a breakout and new all-time high, a minor pullback often occurs, gathering momentum for the subsequent rally

Ethereum Foundation's Mysterious 35,000 ETH Transfer: Where's the Transparency?On August 24, the Ethereum Foundation deposited 35,000 ETH (approximately $94.07 million) into Kraken, sparking widespread discussion within the crypto community

Ethereum Price Fluctuation: Bullish Momentum Stalled, But Positive Sentiment RemainsEthereum [ETH] experienced a rapid surge last week, sparking anticipation among investors and traders for a bullish run. However, the price failed to sustain the gains, and the initial optimism quickly faded, leading to a cautious market sentiment

Bitcoin and Ethereum 4H Trend Analysis: Breakdown of the Lower Boundary, Short-Term Correction Risk RemainsBitcoin:The 4H chart for Bitcoin shows that the price has broken below the lower boundary of the range as expected, and there are no signs of a rebound yet. Yesterday we mentioned that the supply within the current range is biased towards selling, so it's highly likely that the price will break below the bottom of the range

Binance Coin (BNB) Rallies 9%, Reclaims Fourth Largest Cryptocurrency Spot, Amidst Regulatory Challenges and Price PredictionsBinance Coin (BNB) has witnessed a significant resurgence, surging 9% in the past 24 hours, reclaiming its position as the fourth-largest cryptocurrency. However, regulatory concerns continue to pose challenges for BNB, fueling Fear, Uncertainty, and Doubt (FUD) amongst consumers

Cryptocurrency Market Volatility: Bearish Trend, Strong SOL Performance, and Analysis of Five Potential CryptocurrenciesThe overall market trend remains bearish, and it is expected to continue fluctuating within the range of 62,500-64,000 in the short term. Ethereum is expected to fluctuate in the range of 2,650-2,750, while Solana is relatively strong and is expected to fluctuate in the range of 155-162

TON Event Shakes the Market, Bitcoin Consolidates, Outlook for the New WeekYesterday, the biggest event in the crypto world was the arrest of TELEGRAM's founder, causing a significant drop in both the TVL (Total Value Locked) and price of TON-related ecosystems. Until official clarification is provided, this fear sentiment will not dissipate in the short term