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Bitcoin Bears Burned, StarkNet Leadership Change, Solana Expansion

🚨🚨🚨 $250.3M Liquidated in last 24 Hrs.

Long Liquidation : $116.9M 📈

Short Liquidation : $133.3M 📉

🚨🚨 Mutiny lightning #Bitcoin 💰 wallet is shutting down, saying the company has faced significant challenges in making the wallet user-friendly and scalable while operating in such a difficult environment as in the Lightning Network.


🚨🚨 Arthur Hayes said in an interview with DLNews that “whether it's Trump or Harris, it doesn't matter for crypto”

🔥 Anchorage Digital Bank introduces custody and staking support for #Solana's 💰 SPL tokens, expanding institutional access to the Solana ecosystem.


🚨 Diego Oliva, CEO of #StarkNet Foundation, resigns as James Strudwick is named the new Executive Director.

💰 Bitwise CIO sees Bitcoin’s potential echoing post-COVID surge

Bitwise Chief Investment Officer Matthew Hougan said the current market conditions are a prime buying opportunity for investors interested in Bitcoin, according to an Aug. 5 investor note. Hougan pointed out that Bitcoin had historically ended the year higher following global economic stress and drew parallels to the 2020 COVID-19 crisis when BTC, like other assets, saw a sharp decline but eventually surged over 1,000% within a year.


Bitcoin speculators took a $850M hit during the recent price drop below $50K, while long-term holders sold just $600K.

#cryptonews
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Algorithm Trader | Bybit Master Trader | Dynamic DCA Pinescript #MemeStonks #Bybit #BlessedCryptoTrader #Bitcoin
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