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What’s keeping Bitcoin stuck between $57.5K and $62K?
What’s keeping Bitcoin stuck between $57.5K and $62K?

Bitcoin is stuck between $57.5K and $62K, mainly due to low retail investor demand. Short-term holders are sitting on a resistance level around $64K-$66K, making it hard for Bitcoin to break out. Demand for Bitcoin has dropped significantly since April, with whales and ETFs buying less.

Cryptopolitan·2024/08/21 16:00
Trump’s odds rise to 53% as Kamala trails at 46% on Polymarket
Trump’s odds rise to 53% as Kamala trails at 46% on Polymarket

Trump’s odds on Polymarket jumped to 53%, while Kamala Harris is trailing at 46% after a brief surge following Biden’s exit. Trump’s long-standing support for crypto is paying off with strong backing from the crypto community and big donations to his campaign. Kamala Harris isn’t saying much about crypto, and that’s hurting her chances with voters in that space.

Cryptopolitan·2024/08/21 16:00
Is This Why Tron (TRX) Tapped 3-Year Peak Above $0.165?
Is This Why Tron (TRX) Tapped 3-Year Peak Above $0.165?

Since its debut, Tron-based meme coin deployer SunPump has generated over $1.14 million in revenue.

Cryptopotato·2024/08/21 16:00
Spot Bitcoin ETFs Record $39.4M Inflows as Ether ETFs Decline
Spot Bitcoin ETFs Record $39.4M Inflows as Ether ETFs Decline

Spot Bitcoin ETFs have maintained positive flows over the past week. They attracted $39.42 million in net inflows on Wednesday.

Cryptopotato·2024/08/21 16:00
Anthropic Claude AI hits $1 million in revenue, but struggles to gain traction
Anthropic Claude AI hits $1 million in revenue, but struggles to gain traction

Share link:In this post: It took 16 weeks for Anthropic Claude AI mobile app to make $1 million in revenue. The app has failed to make a big impression among users on iOS and Android. AI companies have been burning through cash, but one economist believes the returns are coming.

Cryptopolitan·2024/08/21 16:00
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