Bitcoin Slides to $28.3K After Leveraged Funds Ramp Up Bearish Bets
Two-thirds of leverage funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.
Posts published on August 16, 2023 go to media archive 1/4
SHIB, BONE, LEASH tokens dip amid rumors of $2.5M Shibarium gaffe
Shiba Inu and related-token prices plunged since Shibarium's launch, while rumors of a significant technical error in the new Shibarium network have been swirling.
Ledger Taps Paypal for US Crypto Buys
Crypto security firm and hardware wallet manufacturer, Ledger, announced its integration of Paypal payments for U.S. customers. This will allow Ledger Live users to buy bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC) within…
Coinbase futures approval seen as a major win amid the war on crypto
The recent approval allows Coinbase to join the ranks of major derivative exchanges in the United States, CME, and CBOE.
Dogecoin Price (DOGE) Poised for Continued Weakness Below $0.07
Dogecoin is down over 10% and trading below the $0.070 resistance against the US Dollar. DOGE could extend losses if there is a move below $0.065. DOGE is currently trading in a bearish zone below $0.072 against the US dollar. The price is trading…
Ethereum Price Takes a Bit Hit: Main Reasons $1,720 or $1,650 Are Likely Targets
Ethereum price is showing bearish signs below the $1,840 zone against the US Dollar. ETH could drop further toward the $1,720 support zone. Ethereum is gaining bearish momentum below the $1,850 and $1,840 resistance levels. The price is trading…
SHIB Plunges 9% on Apparent Shibarium Bridge Issues
An important tool for the layer 2 service went live on Wednesday to a turbulent start.
Lawmakers Probe SEC and FINRA Over ‘Shady Approval’ of Prometheum
Bitcoin Price Plunges Again And Now Vulnerable To More Losses
Bitcoin price gained bearish momentum below the $29,000 support. BTC tested $28,400 and now at risk of more losses below $28,200. Bitcoin is trading with a bearish angle below the $29,250 resistance zone. The price is trading below $29,000 and the…
Stellar Breaks Free: Unleashes New Open-Source Disbursement Platform
Blockchain-based payment network Stellar has introduced the open-source “Stellar Disbursement Platform,” aimed at facilitating faster, cost-effective, and transparent digital disbursements worldwide. Developed by the Stellar Development Foundation
Bitcoin price will surge past $150K if spot ETFs are approved: Analyst
Even if the filings for Bitcoin spot ETFs are rejected, Lee predicts Bitcoin’s halving event will still push up BTC's price — but not to six figures.
Canadians are moving past crypto speculative trading: Coinbase country head
The industry should build trust with retail consumers as Canada shifts to a digital economy, says Coinbase's country director for Canada, Lucas Matheson.
Robert Kiyosaki Predicts Bitcoin Rising to $1M, Gold $75K, and Silver $60K if World Economy Crashes
Early Signs Of Life: Why Bitcoin Is Likely To Move Away From $30,000 Soon
The Bitcoin price action has been stuck in a tight range for weeks leading to the lowest volatility levels in years. A recent report hints at a potential breakout from the current range, but which side will be favorable by the potential spike in…
A Based week: Looking back at the first 7 days of Onchain Summer
In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well.
Valkyrie Rockets Into Action: Files For ETH Futures ETF With SEC
Asset management firm Valkyrie has taken a significant step by filing for an Ether or Ethereum (ETH) futures exchange-traded fund (ETF) called “Valkyrie Ethereum Strategy ETF” with the United States Securities and Exchange Commission (SEC). …
Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers
The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. “Coinbase will now be the first crypto-native leader to directly offer…
El Salvador’s Bitcoiners teach 12-year-olds how to send sats
Over 25,000 students in El Salvador have learned about Bitcoin in the classroom.
Can Ethereum Price Cross $2,000 Before The End Of August?
The Ethereum price has been on a rather disappointing run for investors over the last month and this decline has seen it fall to the low $1,800s. As the onslaught continues, the question now is will Ethereum be able to cross the $2,000 resistance…
Ripple Labs bites back against SEC's request to file appeal
Ripple’s chief legal officer said no “extraordinary circumstance” in the case exists which warrants the court to accept the SEC’s request for leave.
Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway.
Canada’s regulatory clarity is bringing institutions to crypto - WonderFi CEO
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions.
Shiba Inu’s Shibarium Ethereum L2 blockchain goes live on mainnet
Shibarium’s beta phase saw a total of 21 million wallets on the L2, driving the interest of users months before the launch.
Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth
The much-awaited Shibarium network saw over 21 million wallets created during its testnet phase and is expected to position Shiba Inu as a serious DeFi contender.
Bankman-Fried Donated $100 Million of FTX Money to Politicians, Prosecutors Claim
Crypto exchange FTX founder Sam Bankman-Fried (SBF) spent more than $100 million of customer funds on political donations, according to an amended indictment. On Monday, U.S. federal prosecutors also alleged that he used two FTX executives as…
CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways.
Price analysis 8/16: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
Markets continue to slump, giving advantage to the bears and hinting at a trend change to the downside.
Trump Owns Even More Crypto Than First Known, New Documents Show
The former U.S. president currently holds $2.8 million in ETH after debuting an NFT collection last year, fresh disclosures reveal.
SEC Approval Could Propel Bitcoin To New Heights: Analyst Forecasts $150,000 Clearing Price
In a recent interview, Tom Lee, CNBC’s head of research, shared his insights on the potential impact of a Spot Bitcoin exchange-traded fund (ETF) approval by the Securities and Exchange Commission (SEC) on the price of the largest cryptocurrency in…
Toncoin (TON) Investors Load Up Their Bags As Majority Of Cryptos Nosedive
Toncoin (TON) has showcased healthy market status since the end of last week. According to historical data from TradingView, it witnessed a consecutive bullish trajectory from August 11, 2023, until today, August 16. The upward movement drew the…