A wave of panic selling swept through the cryptocurrency market on Monday, causing a massive downturn dubbed “Crypto Black Monday.” Major brokerage firms Fidelity and Vanguard faced service outages as investors grappled with uncertainty and sought to adjust their portfolios. Meanwhile, economists are raising concerns about a potential U.S. recession in the coming months.
The post Fidelity and Vanguard Grapple with Service Disruptions Amid Crypto Black Monday Chaos – Is Your Portfolio Safe? appeared first on Cryptonews. …
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Former President Trump Proposes Bitcoin for $35 Trillion U.S. Debt Crisis
Former President Donald Trump has suggested using Bitcoin or a “crypto check” to address the United States’ staggering $35 trillion national debt.
The post Former President Trump Proposes Bitcoin for $35 Trillion U.S. Debt Crisis appeared first on Cryptonews. …
Former Ripple Board Member Gene Sperling Joins Kamala Harris Campaign
Gene Sperling, a former Ripple board member and senior economic adviser to Presidents Clinton, Obama, and Biden, has reportedly joined Kamala Harris’ 2024 presidential campaign team.
The post Former Ripple Board Member Gene Sperling Joins Kamala Harris Campaign appeared first on Cryptonews. …
Bitcoin ETF Trading Volume Races Past $1.3B as Investors Scramble for Discounted BTC
On August 5, the trading volumes for Bitcoin exchange-traded funds (ETFs) surged past $1 billion.
The post Bitcoin ETF Trading Volume Races Past $1.3B as Investors Scramble for Discounted BTC appeared first on Cryptonews. …
Nansen’s Weekly Report Examines Crypto Black Monday and Economic Concerns
Nansen’s latest report delves into the significant sell-off of crypto assets during Crypto Black Monday, exploring the factors driving the downturn and its broader market implications.
The post Nansen’s Weekly Report Examines Crypto Black Monday and Economic Concerns appeared first on Cryptonews. …
South Korean Regulators Probe Altcoin AVAIL Bithumb Price Spike
South Korean regulators are investigating value fluctuations of the altcoin AVAIL last month “on suspicion of price manipulation.”
The post South Korean Regulators Probe Altcoin AVAIL Bithumb Price Spike appeared first on Cryptonews. …
Somali police seize hundreds of veils amid security fears
Security forces in Somalia’s Jubaland state are waging a “fight” against the niqab, a police boss says.
Four dead as Hurricane Debby hits Florida coast
The fourth storm of the hurricane season brings fears of catastrophic flooding to the Big Bend region.
UN staff fired over possible links to 7 October attack
The sackings follow a UN investigation into their possible involvement in the Hamas-led attack on Israel.
US personnel injured in attack on airbase in Iraq
The attack comes as the US warns the Middle East is at a critical moment after the killings of Hamas and Hezbollah senior leaders.