This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s (BTC) technical outlook has deteriorated over the …
suffers
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Markets
Base Network Suffers 1st Downtime Since 2023, Halts Operations for 29 Minutes
by shayaanby shayaanCORRECT (Aug. 5, 10:00 UTC): Changes reference to first outage since 2023. An earlier version of this story said the outage was …
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Markets
Polkadot's DOT Suffers 5% Decline as Intensified Selling Pressure Overwhelms Market
by shayaanby shayaanPolkadot’s DOT encountered substantial bearish momentum over the last 24 hours, retreating from $3.76 to $3.56, or more than 5%, according to …
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Regulation
Federal Reserve Suffers $1,060,000,000,000 in Unrealized Losses As Central Bank’s Rate Hikes Pressure Bonds
by shayaanby shayaanThe Federal Reserve is now facing a whopping $1.06 trillion in unrealized losses on its balance sheet. The New York Federal Reserve …
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Markets
Ethereum Layer-2 ZKsync Suffers Exploit As $5,000,000 in ZK Tokens Drained
by shayaanby shayaanEthereum (ETH) Layer-2 scaling solution ZKsync (ZK) has suffered a significant exploit, resulting in the loss of $5 million worth of ZK …
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Markets
Ethereum Price Suffers 77% Crash Against Bitcoin, On-Chain Deep Dive Reveals Reasons Why
by shayaanby shayaanReason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Finance
U.S government suffers 26% loss on crypto since Trump became president
by shayaanby shayaanWhile on the campaign trail, Donald Trump appeared like a dream for cryptocurrency investors, promising that if he is re-elected, the U.S. …
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DeFi
DeFi TVL Suffers 30% Market Value Loss from December Peak as Crypto Projects Struggle
by shayaanby shayaanDeFi’s TVL has decreased by more than 30% from its ATH of $137 billion noted in December 2024 to the current low …
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The Lena Network’s CANDY token lost over 95% of its value today following a rug pull of 753 Ether, or approximately $2.9 …