Author: Cointelegraph By Ciaran Lyons

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Bitcoin possibly undervalued as Mayer Multiple hits lowest since FTX collapse

The popular Bitcoin valuation metric hasn’t been at this level since the downfall of cryptocurrency exchange FTX in November 2022. Source link

Bitcoin needs 'low $40,000s' for best bull market entry — 10x Research

A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point. Source link

Bitcoin volatility hits 20-month high, traders hedge against further slump

Bitcoin’s volatility index reached its highest level in 20 months, but traders aren’t too sure if there’s more pain ahead. Source link

Clicker games to fade post-airdrop, Is Hamster Kombat any good? Web3 Gamer

Gamers will get bored with clicker games once the tokens drop, Hamster Kombat review, Web3 gaming to pay better than Uber: Web3 Gamer. Source link

Prosecutor demands jail for Crypto.com user who received $6.8M by mistake

Australian prosecutors argue that imprisonment should remain a strong possibility for the Crypto.com user who received millions because of an internal error. Source link

Marathon Digital shares plunge 8% after Q2 revenue miss estimates

Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%. Source link

Bitcoin ‘explosive move’ looms as Bollinger Bands reach tightest points

A key Bitcoin trading indicator has hit its “tightest point” in a year. The last time it happened, Bitcoin pumped 20% in four months. Source link

Bitcoin slips below $65K as Fed holds rates, hints at September cut

Bitcoin dropped below a key price point after the US Federal Reserve decided to hold rates steady, and tensions flared up in the the Middle East. Source link

Mt. Gox just moved $3B in Bitcoin; here’s why the price barely blipped

Crypto analysts say Mt. Gox holders are more likely committed to HODLing, and the market thinks so too. Source link

Bitcoiners tip ‘September breakout’ but cast doubt on near-term $100K

Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year. Source link