Global #cryptocurrency market

Bitdeer, a prominent player in the crypto mining industry, has seen its stock price plummet following the announcement of a new convertible notes offering.

On August 15, 2024, the phrase "Earn $5000 with ChatGPT" became a hot topic among cryptocurrency enthusiasts and casual internet users. This surge in interest occurred after the phrase appeared in Tapswap's Daily Combo code—a popular feature of the Telegram-based tap-to-earn game, Tapswap.

Bitcoin (BTC) saw its price peak at nearly $62,000 yesterday, only to face a sharp rejection and fall back by approximately $4,000. This volatile movement has significantly impacted the broader cryptocurrency market, leading to declines across major altcoins as well.

Binance, one of the world’s largest cryptocurrency exchanges, has resumed full operations in India following a substantial fine and successful registration with the Financial Intelligence Unit (FIU).

In the past 24 hours, the cryptocurrency market has experienced a notable uptick, with its total valuation rising by 2.49%, from $2.09 trillion to $2.14 trillion. This positive shift comes amidst a decrease in trading volume, which has dropped by 23.72% to $63.94 billion.

In early trading hours, Bitcoin (BTC) surged above $60,000 before experiencing volatile swings within the $58,500 to $59,700 range. This fluctuation coincided with Marathon Digital Holdings Inc.'s announcement of a $250 million debt offering to acquire more Bitcoin, which significantly impacted market sentiment.