Crypto News

Bitcoin Continues to Bleed, Falls Below $50K

Ether prices also fell to $2.2K.Source link

Ether Slides 20% as Trading Firm Moves $46M in ETH

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.Source link

DeFi Sector Takes a Hit as Jump Crypto Begins Shuffling Millions in Funds

Most tokens in the DeFi category have fallen between 18% and 23%, marking their worst single-day performance since April.Source link

Binance Pay to Phase Out Pay ID Support Starting August 2024

Binance Pay will begin phasing out support for Pay ID from August 6, 2024, focusing on enhancing user experience through other payment methods. (Read More)Source link

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining CompaniesSource link