Crypto News

CoinDesk 20 Performance Update: Index Plunges 22.6% Amid Global Market Decline

The CoinDesk 20 experienced a major downturn over the weekend with NEAR and LINK among the hardest hit.Source link

MicroStrategy Down 29% Ahead of Opening Bell as Crypto Stocks Battered by Bitcoin Losses

Crypto exchange Coinbase (COIN) suffered a 19% drop, while Marathon Digital (MARA) and Riot Platforms (RIOT) saw 18% and 13.5% drops, respectively.Source link

Leveraging On-Chain Data to Boost Player Engagement in Web3 Gaming

Discover how web3 gaming platforms are using on-chain data to attract and retain players, ensuring transparency and enhancing user experience. (Read More)Source link

Hong Kong Monetary Authority Publishes Conclusions on Three-Tier Banking System Review

The Hong Kong Monetary Authority (HKMA) has released the conclusions of its public consultation on the three-tier banking system, proposing a transition to a two-tier system. (Read More)Source link

Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery

On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching, traders should exercise caution as the market searches for stability. Ethereum Ethereum’s price is facing significant downward pressureSource link