Author Alexander Stefanov

A well-known analyst and trader, has identified four potential triggers that could revive the crypto market after a recent significant downturn.

Following the sharp market downturn on August 5, 2024, Binance saw a remarkable influx of $1.2 billion, showcasing significant trader activity amid falling cryptocurrency prices.

On Monday, Andrew Tate’s cryptocurrency Daddy Tate (DADDY) hit a record low of around $0.048, but it still made a remarkable recovery, rising over 70% in just two days.

The aftermath of Monday’s market crash has led to some interesting developments – this time Solana (SOL) is leading the way.

The Ronin (RON) bridge recently fell victim to a significant exploit, resulting in a $10 million theft of Ethereum (ETH).

The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena demanding extensive documentation related to cryptocurrency assets.

As of August 3, 2024, Berkshire Hathaway owns 4% of all publicly issued T-Bills, significantly more than the Federal Reserve’s $195 billion.

Metaplanet Inc has unveiled plans to issue stock acquisition rights to all its common shareholders as part of a strategy to raise approximately 10 billion Japanese yen, or $69.13 million. Of this amount, 8.5 billion yen (about $58.76 million) will be invested in Bitcoin.

In the midst of a major downturn in the cryptocurrency market, industry leaders are taking advantage of falling prices by buying up Ethereum.

Nassim Taleb, renowned risk analyst and author of “The Black Swan”, has provided insights into the recent Japanese market crash and its effects on Bitcoin.