Latest Crypto News (08.07.2024)
BitKan News — $BTC: Down -5.81% (Past 24H). Fear and Greed Index fell below 30 to the “Fear” zone. Market sentiment is pricing in the sell-offs from the German Government and Mt. Gox.
🚨 What Happened In Crypto Over The Last 24 Hours? 🚨
• $BTC: Down -5.58% (Past 24H). Fear and Greed Index fell below 30 to the “Fear” zone of 28. BTC’s RSI (1-Day) fell below 30 to its current undersold value of 28. The German government continues to sell $BTC, holding 39,826 as of today.
Significance: ★★★☆☆
• $ETH: Down -6.74% (Past 24H). ETH’s RSI (1-Day) fell below 30 to its current undersold value of 26. The last time this happened was on 11 Sept 2023 when the price of ETH was $1,529. Its 200-Day Moving Average support has been broken too.
Significance: ★★☆☆☆
• $BNB — Down -8.06% (Past 24H). BNB’s RSI (1-Day) fell below 30 to its current undersold value of 29. The last time this happened was in 21 Aug 2023 when the price of BNB was $206.
Significance: ★★☆☆☆
• $WIF: Down -43.7% (Past 60D). DogWifHat (WIF) is the top Solana (SOL) memecoin.
Significance: ★☆☆☆☆
• $ALEX — Alex has announced the BRC20 bridge is live. Runes bridge will go live this week.
• $ATH — Aethir Edge has announced that starting July 11, staking $ATH will be required for all Edge devices to remain operational.
• $DEGEN — Degen has announced Airdrop 2 Season 6 will kick off on July 11.
• $ERN — Ethernity has announced that L2 Beta Testing will be open soon.
• $MAVIA — Heroes of Mavia’s next trailer will be released soon.
• $MNT — Mantle will upgrade Sepolia Testnet via a hard fork on July 10.
• $NYM — Nym has announced that NymVPN is coming soon.
• $SOL — According to @CantelopePeel , the first version of Solana Firedancer will begin its first bug bounty program on July 10.
• $WELL — According to @keung , Well3 has announced burning 2.5% (1.05B $WELL) of team tokens as compensation for technical issues during TGE.
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