EPISODE · Aug 12, 2024 · 22 MIN
Bitcoin Plunges Below $59K as Crypto Market Bleeds $100 Billion
from RARE BITS · host beatbroker
Bitcoin's price drop triggers a market-wide decline, with DOGE and SOL among the hardest hit. Ubisoft unveils a new Ethereum-based game on Arbitrum, while Ronin recovers from a $12 million hack. Samsung integrates Illuvium NFTs into smart TVs, and analysts predict Bitcoin could reach $265,000 in the future. Santa Monica opens a "Bitcoin Office" to boost crypto innovation, and HealthEquity faces a major data breach. Political intrigue surrounds the 2024 U.S. election, with potential impacts on the crypto market. Despite recent hacks, the industry continues to attract significant funding. Binance announces plans to delist 15 cryptocurrencies, including Bitcoin Gold and Monero. HOW CAN SUPPORT? SUBSCRIBE: RARE BITS PODCAST WATCH: RAREBITS LIVE YOUTUBE READ: RARE BITS SUBSTACK Follow on X: BEATBROKER RARE BITS LIVE GET SOME MERCH RARE BITS GEAR:RARE BITS MERCH
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Bitcoin Plunges Below $59K as Crypto Market Bleeds $100 Billion
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