The post Crypto Crash Wipes $940 Million in 24 Hours as Bitcoin Slips Under $110K appeared first on Coinpedia Fintech News The cryptocurrency market turned red in the past 24 hours as overall capitalization dropped to $3.78 trillion, marking a 4.46 percent decline. The CMC100 index slipped by 4.57 percent… Listen ⇢

SharpLink, a company with a growing focus on Ethereum, has continued with its aggressive ETH accumulation, according to an Aug. 26 statement. The firm said it acquired 56,533 ETH at an average cost of $4,462, using $360.9 million raised through its at-the-market issuance program during the week ending Aug. 24.… Listen ⇢

Around $205 billion has exited crypto markets over the past 24 hours, sending total market capitalization plummeting back to $3.84 trillion. It is the lowest level total cap has been since August 6, but it still remains within a six-week sideways channel despite the massive sell-off. CoinGlass reported that around… Listen ⇢

Solana (SOL) recently showed signs of recovery and became one of the top gainers of the past week. Following a period where it seemed to lag behind Bitcoin’s surges, Solana is now showing significant bullish momentum, with its price recently touching over $200. This upward trend is particularly noteworthy given… Listen ⇢

XRP struggled to sustain its recent momentum as it failed to reclaim the $3 mark. After enjoying a relatively strong weekend that kept sentiment leaning positive, selling pressure emerged on Monday, which pushed the price back down to $2.95. The correction phase may not be over yet, as on-chain data… Listen ⇢

Tokyo-based Monex Group is weighing the launch of a yen-pegged stablecoin, with its chairman, Oki Matsumoto, citing the need to keep pace in digital finance. Tokyo-based publicly traded financial services company Monex Group is considering a Japanese yen-pegged stablecoin. According to a Tuesday TV Tokyo report, Monex Group Chairman Oki… Listen ⇢

SharpLink Gaming (SBET), the Nasdaq-listed digital asset treasury firm led by Ethereum co-founder Joe Lubin, added 56,533 ether (ETH) to its balance sheet last week, lifting its total holdings to almost 800,000 ETH worth about $3.6 billion. The purchases, made between Aug. 18 and Aug. 24, averaged $4,462 per ETH,… Listen ⇢

Crypto markets are preparing for a wave of selling pressure as more than $998 million worth of token unlocks hit circulation between August 25 and August 31, according to data from Tokenomist. The largest scheduled releases include Sui (SUI), Optimism (OP), Jupiter (JUP), and Huma Finance (HUMA). Heavy Unlock Schedule… Listen ⇢

Developers are sharing stories related to concerning BigQuery pricing strategies, which charged multiple developers with a $5,000 bill for a single query. Blockchain developers are sharing “horror stories” related to eye-watering bills received from Google Cloud’s BigQuery service, including a developer who was suddenly charged a total of $15,000 for… Listen ⇢