Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges Aug 05, 2024 Aave shows defiance during the sell-off by profiting off user liquidations. Read more
Crypto Stocks Slump as Bitcoin, Ether Tumble Aug 05, 2024 Coinbase, MicroStrategy and miners fell as equity markets declined worldwide. Read more
Bitcoin Drops 15% Against Japanese Yen, Outpacing Declines Versus USD, as Yen Carry Trades Unwind Aug 05, 2024 The yen's strong performance, rising almost 10% against the USD in three weeks, led to the unwinding of carry trades, contributing to the sell-off in risk assets and causing s... Read more
Bitcoin Price Crash to $50K Dashes Carry Traders' Hopes Aug 05, 2024 Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets. Read more
Bitcoin Dips Below $50K as Investors Flee Risk Assets Aug 05, 2024 Ether slumped by the most since May 2021. Read more
Crypto Futures Record $1B in Liquidations as Bitcoin Nosedives, Ether Slumps Most Since 2021 Aug 05, 2024 A sentiment index that tracks crypto markets changed to “fear” early Monday as ETH recorded its worst single-day drop since May 2021. Read more
Ether Slides 20% as Trading Firm Moves $46M in ETH Aug 05, 2024 A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain. Read more