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Biggest Movers: SHIB Slips to 2-Week Low, SOL Snaps Losing Streak
[Aug 17, 2023 10:05 AM] Shiba inu fell lower for a fifth straight session on Thursday, resulting in the meme coin dropping to a 13-day low. Since hitting a four-month high last Saturday, SHIB has struggled to find a firm floor. On the other hand, Solana ended a recent…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Near 2-Month Lows as Bears Regain Momentum
[Aug 17, 2023 7:30 AM] Bitcoin extended recent declines on Thursday, as the cryptocurrency moved towards a two-month low. Bearish sentiment increased following the latest Federal Open Market Committee (FOMC) minutes, where the Federal Reserve hinted at further rate…
Crypto Payments Gain Ground In Canada As Confidence Grows
[Aug 17, 2023 6:25 AM] A recent study by the Bank of Canada (BoC) revealed that crypto ownership in the country had slowed over the past two years. However, recent sentiment from Coinbase’s Country Director for Canada, Lucas Matheson, suggests Canadians are slowly…
Trump’s Crypto Wallet Makes $2.8 Million in Income, FEC Filing Shows
[Aug 17, 2023 5:30 AM] Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which…
Bankman-Fried Donated $100 Million of FTX Money to Politicians, Prosecutors Claim
[Aug 16, 2023 3:30 PM] 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…
Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024
[Aug 16, 2023 1:30 PM] In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their…
Biggest Movers: DOGE, XRP Fall to Multi-Week Lows, as Bearish Sentiment Intensifies
[Aug 16, 2023 10:00 AM] Dogecoin dropped to a one-month low on Wednesday, as a red wave swept through cryptocurrency markets. Bearish sentiment remained high as the session progressed, with the global market cap falling by nearly 2% today. XRP also plunged in…
2023 Centralized Crypto Exchange Study Highlights Winds of Change Among Top 10 Platforms
[Aug 16, 2023 8:30 AM] In a report by the crypto market aggregation web portal Coingecko, Binance retains its crown in the centralized cryptocurrency exchange arena, but not without facing fierce competition and challenges. Binance Leads But Not Without Contenders, Says…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 1-Week Lows Ahead of FOMC Minutes
[Aug 16, 2023 7:30 AM] Bitcoin neared a breakout below $29,000 on Wednesday, ahead of the release of anticipated Federal Open Market Committee (FOMC) minutes. The minutes will show the United States Fed’s reasoning behind its last rate hike, whilst also giving…
Another Crypto Millionaire Has Been Found Dead
[Aug 16, 2023 4:40 AM] Another shocking discovery has rattled the crypto sector as Christian Peev, a 41-year-old US cryptocurrency investor has been found dead. Christian Peev’s Alleged Murderer Was A Friend According to Peev’s cousin, the crypto investor…
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens
[Aug 16, 2023 3:30 AM] The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated”…
Crypto Crashes and Climate Chaos: FDIC Highlights Key Banking Risks in 2023
[Aug 15, 2023 10:30 AM] The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present…
Biggest Movers: SOL, TON Move to Multi-Week Highs on Tuesday
[Aug 15, 2023 10:00 AM] Solana was one of Tuesday’s big gainers, rising to a multi-week high following a ‘death cross’ of moving averages. The move came despite the global market cap falling marginally lower as of the time of writing. Toncoin was another notable mover…
PEPE Shines With 20% Gains As Market Sees Correction, What’s Next?
[Aug 15, 2023 9:00 AM] PEPE surged remarkably in the past week posting gains of approximately 20%. The $0.0000011079 support level on the daily chart acted as a price pivot for the gains in the last few days, indicating an attempt to enter the buy zone. PEPE’s…
From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection
[Aug 15, 2023 8:00 AM] In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s overseer…
Bitcoin, Ethereum Technical Analysis: BTC Unmoved by Better Than Expected US Retail Sales Data
[Aug 15, 2023 7:15 AM] Bitcoin mostly consolidated on Tuesday, as traders anticipated the release of July’s retail sales data from the United States. Sales rose by 0.7%, better than the 0.4% expected, and this comes following a 0.2% increase in June. Ethereum also…
Bitcoin Price Outlook for August
[Aug 14, 2023 3:00 PM] Aside from last week’s move above $30,000, bitcoin has mostly consolidated below this level for the majority of August. Market volatility has eased, seemingly as a result of lower trading volumes due to the summer period. Despite this…
Michael Burry’s Massive $1.6 Billion Short: Is A $DXY Collapse The Catalyst For A Crypto Bloodbath?
[Aug 14, 2023 1:25 PM] Michael Burry, renowned investor, and hedge fund manager, has once again made headlines with his significant short position in the traditional market, which could impact the nascent crypto industry if his bet is to materialize. Burry, known for…
Revolutionizing Bitcoin Privacy: Samourai Wallet Unveils BTC to XMR Atomic Swaps
[Aug 14, 2023 11:30 AM] In a pioneering move, Samourai, the privacy-focused bitcoin wallet, has revealed a BTC to XMR atomic swap feature aimed at revolutionizing onchain privacy in Bitcoin. Addressing the widespread issue of tainted change, also known as leftover unspent…
Biggest Movers: LINK Ends 4-Day Losing Streak, as DOGE Extends Declines
[Aug 14, 2023 9:30 AM] Chainlink was one of the notable movers on Monday, as the token ended a streak of four consecutive days of declines. The move comes despite the global market cap mostly trading lower to start the week, falling 0.23% as of writing. Dogecoin fell for…
Bitcoin, Ethereum Technical Analysis: BTC Bulls Continue to Target $30,000, Despite Slow Start to the Week
[Aug 14, 2023 7:05 AM] Bitcoin started the week hovering slightly above the $29,300 region, however bulls continue to target a resistance level of $30,000. The cryptocurrency mostly consolidated this past weekend, with this sentiment still present on Monday. Ethereum…
Going Crypto Makes Sense for Elon Musk’s X
Idle No More: $11.4 Million in ‘Sleeping Bitcoins’ Wake up After Years of Dormancy
[Aug 13, 2023 9:30 AM] Hovering just above the $29,000 mark, bitcoin’s value remained relatively stable while an interesting event occurred on Saturday afternoon: a dormant cache of 195.79 bitcoins, untouched for over seven years, was transferred for the first…
North Korea Hackers Continue to Target Crypto Platforms: UN Report
[Aug 13, 2023 3:30 AM] Hackers working for North Korea have continued to attack companies in the crypto space this year, according to independent sanctions monitors. Their findings, which reveal that Pyongyang proceeds with the development of its nuclear and weapons…
Binance Japan to Use KYC Services From Liquid
[Aug 13, 2023 1:30 AM] The world’s leading cryptocurrency exchange, Binance, has selected Liquid as an identity verification partner for its Japanese platform. The services of the Tokyo-headquartered biometrics firm will allow Binance Japan to ensure its…
Unidentified Miners, F2pool Lead All-Time Bitcoin Mining Rankings: A Comprehensive Review of Bitcoin’s Historic Block Discovery
[Aug 12, 2023 3:30 PM] Since the inception of the Bitcoin blockchain by Satoshi Nakamoto, the network has diligently processed in excess of 800,000 blocks. An examination of data from 99 distinct mining pools, spanning the previous 14 years, reveals that unidentified…
Biggest Movers: SHIB Climbs to 4-Month High, as Meme Coins Rally on Saturday
[Aug 12, 2023 7:30 AM] Shiba inu surged to a multi-month high on Saturday, as the meme coin extended its recent run of bullish momentum. The rally began as a result of the hopes surrounding its upcoming layer 2 launch. Dogecoin also extended recent gains to start the…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Saturday, as Markets Consolidate Following Recent Decline
[Aug 12, 2023 6:30 AM] Bitcoin was back in the green to start the weekend, after bulls rejected a breakout below $29,000 during Friday’s session. The cryptocurrency continues to hover around a key support level, without either bulls or bears taking control…
Spot Bitcoin ETF Applications Face More Delays
[Aug 11, 2023 1:30 PM] The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applications. SEC Seeks Public…