How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in
Crypto OGs Brock Pierce and Tim Draper and other experts provide essential advice on how to protect your hard-earned stack.
Posts published on August 30, 2023 go to media archive 3/4
Coinbase stock surges after favorable federal ruling for Grayscale
In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, a jump of 15% over the previous day's close.
DOJ calls SBF's fraud allegation defense 'irrelevant,’ requests additional info
The U.S. Department of Justice has issued a new court filing in its case against Sam Bankman-Fried in which it called his planned defense “irrelevant” without additional details.
Bitcoin, Ethereum Technical Analysis: BTC Jumps Above $28,000, as Markets Remain Buoyed by Grayscale Court Win
Bitcoin climbed over the $28,000 level late on Tuesday, as markets reacted to the news that Grayscale had won its battle with the SEC. The ruling over the U.S. Securities and Exchanges Commission boosted crypto prices across the board, with bulls…
How blockchain tech and dMRV can help carbon trading markets
Combining blockchain with digital monitoring, reporting and verification protocols may not only improve VCMs but even rescue them.
How Bitcoin mining is a model for modern industrial loads
We are moving from a model of fossil-fueled generation, meaning grid operators must find ways to modulate demand up and down, rather than just moving supply up and down.
Bitcoin Insider Trading Suspicions Take Root Following Grayscale Win, What’s Happening?
Crypto asset manager Grayscale recently won against the Securities and Exchange Commission (SEC) in court, propelling gains in the price of Bitcoin in the past 24 hours. According to the case details, a US appeals court ruled on Tuesday, August…
First Mover Americas: Bitcoin Rallies on Grayscale Court Win Over SEC
The latest price moves in bitcoin (BTC) and crypto markets in context for August 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Animoca subsidiary builds AI and NFT tools for educators
TinyTap, a subsidary of Animoca Brands, rolls out new AI features for educators and parents to generate educational games and images based on prompts.
Will Evergrande’s collapse have a silver lining for crypto?
This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen.
BlockFi asks court for permission to convert trade-only assets into stablecoins
The bankrupt crypto lender’s request marks another step toward the return of users’ funds, which the company began in August.
Pro-Bitcoin Miami Mayor Francis Suarez Drops out of GOP Presidential Candidate Race
Francis Suarez, the pro-bitcoin mayor of the U.S. city of Miami, became the first Republican to bow out of the party’s presidential primary race after he announced the suspension of his campaign on Aug. 29. According to some reports, Suarez…
Sam Bankman-Fried's Allotted Prison Tech Is Inconvenient, but Fair: U.S. DOJ
Federal prosecutors say the FTX founders' access to technology in pre-trial detention goes "above and beyond '' that which other defendants have been offered.
Edelcoin: A Stablecoin Revolution
In the rapidly evolving world of cryptocurrencies, stablecoins have emerged as a beacon of stability amidst the volatility of digital assets like Bitcoin and Ethereum. Stablecoins are digital currencies anchored to a diversified asset, such as fiat…
Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users.
Lido (LDO) Price Inks Gains Alongside TVL Rise – What Traders Should Expect
Lido DAO (LDO), the driving force behind the revolutionary liquid staking protocol for Ethereum (ETH), has displayed an impressive 7.41% ascent in its Total Value Locked (TVL) over the course of the last seven days. This robust surge in TVL has…
South Korean parliament rejects motion to expel lawmaker over crypto scandal
South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3–3 vote in the expulsion motion.
Grayscale Victory Against SEC Clears Path for Spot Bitcoin ETFs: Bernstein
The ruling increases the likelihood the SEC might approve all bitcoin spot ETF applications together, the report said.
Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks
Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such…
Genesis Lender Group Opposes ‘Wholly Insufficient’ DCG Deal
Creditors with $2.4 billion in claims against the bankrupt crypto lender could scupper an agreement made after months of wrangling.
Renowned Economist Explains Why Grayscale’s Win Is Not Good For Bitcoin Price
One of the major highlights of Grayscale’s victory over the US Securities and Exchange Commission (SEC) was its positive effect on Bitcoin’s price. However, renowned economist Peter Schiff has explained why Grayscale’s win may not be good for…
Google Cloud to digitize El Salvador's governance, healthcare and education
Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors.
Jamaican taxi drivers bullish on accepting Jam-Dex CBDC
Jam-Dex would be significantly transformative for the public transportation sector and needs to be embraced, believes Aldo Antonio.
GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%
GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says.
Nigeria invites global experts to collaborate on national AI strategy
The action will impact how the government formulates inventive technological solutions for critical national challenges.
Stronghold requests permission to burn tires for crypto mining in Pennsylvania
The company requests the use of tire-derived fuel, citing the United States Environmental Protection Agency’s approval to use the energy source at other industrial facilities in the state.
Grayscale Ruling Does Not Guarantee Bitcoin Spot ETF Approval, Traders Say
“It doesn't mean that now Grayscale will be 100% able to list a spot Bitcoin ETF, nor that this will happen in the future,” one trader said.
Bitcoin Cash (BCH) Records Surprising 15% Rally – What’s Behind It?
Bitcoin Cash (BCH) and several prominent altcoins are experiencing an upward trajectory in their trading prices, attributed to a recent report indicating a favorable ruling by the US federal appeals court. The court’s decision suggests that…
Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation
Crypto Bank Seba Wins In-Principle Approval to Operate in Hong Kong
Approval is the first step in acquiring a full license for Seba Hong Kong to deal in crypto or virtual assets-related products and traditional securities