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Bitcoin falls to ‘extreme fear’ on Aug. 5 as ETFs outflow $168M

The Crypto Fear and Greed Index recorded a score of 17 out of 100 on Aug. 5 — the lowest it has been since July 12, 2022. Source link

Bitcoin decline is similar to the start of the 2016 bull run: Peter Brandt

Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run. Source link

Crypto critics file updated campaign finance complaint against Coinbase

The complainants and Coinbase disagree on whether a government contract to custody seized crypto breaches campaign finance laws or not. Source link

US Bitcoin, Ethereum ETFs hit $6B volume amid market rout

Bitcoin sunk to under $50,000 at the start of US trading on Aug. 5, prompting a huge spike in trading volumes of crypto-related ETFs. Source link

US senators urge CFTC to finalize ban on election betting

It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election. Source link

Trump cautions current administration not to sell Bitcoin

The former president continues to stress that if the United States does not innovate in the digital asset sector, other countries will. Source link

Trump cautions Biden administration not to sell Bitcoin

The former president continues to highlight that if the United States does not innovate in the digital asset sector, other countries will. Source link

The Bitcoin bottom is not in — BTC traders set price targets in low $40K range

Crypto traders appear to agree that today’s market rout is far from over. Source link

Swan Bitcoin cancels conference amid staff reduction, mining shutdown

According to Swan Bitcoin CEO Cory Klippsten, “it just doesn’t feel like the right time for a festival” after the firm announced staff cuts in July. Source link

Crypto market’s ‘perfect storm’ can lead to further massive capitulation

A rapid decline in the traditional markets has spread to cryptocurrencies, obliterating them with a significant drop in all major assets. What are the possible factors for this perfect storm? Source link