Bitcoin Loses Critical Level Below $23,000, Bears Prepare For New Assault?

Bitcoin has been slowly trending to the downside over this week. The first cryptocurrency by market cap seems to have lost momentum as uncertainty spills into the crypto market from legacy markets. At the time of writing, Bitcoin trades at $22,600 with a 4% loss in the last 24 hours and a 1.2% loss over …

The Pelosi Effect? Ethereum Faces Headwinds Over Area At $1,600

Ethereum has lost steam after a week of trading in profits. The elements for a potential extension of the bullish momentum were laid out in the macro-economic stage. Still, rising tensions between China and the United States have brought back uncertainty to the global financial world. U.S. Congresswoman and Speaker of the House of Representatives …

Voyager received better buy-out offers than FTX’s, set to return $270M to customers

Beleaguered crypto lender Voyager Digital Holdings says it has received a number of “higher and better” buy-out offers than that offered by AlamedaFTX back in July, contrary to the investment firm’s continued public statements.  The company has also just been cleared to return $270 million of customer funds held at the Metropolitan Commercial Bank (MCB) by …

Ethereum (ETH) Set To Rally Once This Bullish Signal Starts Flashing, Says Crypto Analytics Firm Santiment

Crypto analytics firm Santiment is revealing one factor that is likely to foreshadow the start of a bullish phase for Ethereum (ETH). Santiment says that the volume of Ethereum on exchanges has risen and a decline of the same would signal the start of a bullish cycle. “Ethereum has seen its supply held by top …

New York State Fines Crypto Wing of Robinhood $30,000,000 for Allegedly Violating Consumer Protection Laws

The state of New York is levying a fine against the crypto branch of trading giant Robinhood for allegedly violating consumer protection and anti-money laundering laws. According to a new press release by New York’s Department of Financial Services (DFS), an investigation into Robinhood unveiled that the company failed to maintain regulatory standards. The DFS …

Mastercard CFO Says He Views Crypto as an Asset Class Rather Than a Form of Payment – Here’s Why

The chief financial officer of credit card giant Mastercard says that the company views cryptocurrencies more as an asset class rather than a form of payment. In a new interview with Bloomberg, Mastercard CFO Sachin Mehra says that the firm doesn’t view digital assets as forms of payment due to their high price volatility. “For …

Bitcoin Price Prediction for Today, August 4: BTC Stumbles After Recovery Above $23,000

The Bitcoin price prediction shows that BTC may fall below the moving averages if it touches the support of the $22,000 level. Bitcoin Prediction Statistics Data: Bitcoin price now – $22,512 Bitcoin market cap – $430.9 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD …

Kurtosis raises $20 million in Series A funding round

Crypto-oriented developer tool platform Kurtosis has announced raising $20 million in its Series A funding round. The protocol reported the development in a Twitter post on Thursday. As revealed, the funding round was led by Coatue, a privately-owned hedge fund. Other notable participants in the round are Coinbase ventures, Chainsmokers’ Mantis VC, and the CEO …

DOT Price Prediction for 5th of August: Polkadot is Trending Upwards

This forecast will discuss price movements in the Polkadot versus USD and Polkadot versus  BTC markets. We shall be analyzing the market to see what trading chances lie there in it. Furthermore, we can observe that price movements in the two markets seem alike, as both DOT/USD and DOT/BTC. DOT Forecast Statistics Data: DOT price …

Crypto insider trading: Arrested Indian brothers pleads innocent to allegations

Two Indian brothers have pleaded innocent to the insider trading charges leveled against them by U.S prosecutors. The brothers, Ishan Wahi, a former Coinbase Global Inc product manager, and Nikhil, were in July arrested in the U.S for alleged involvement in a crypto insider trading scam. Reportedly,  Ishan shared private information as regards the upcoming …

MSBSD adopts blockchain to issue diploma certificates

Maharashtra State Board Of Skill Development (MSBSD) has issued over 100,000 verifiable virtual diploma certificates to its graduating students. MSBSD utilized the LegitDoc platform to develop the virtual certificates on the Polygon blockchain.  According to the co-founder of LegitDoc, Neil Martis, the virtual certificates cannot tamper with because it’s recorded on the blockchain. Through the …

Ex-Coinbase Manager pleads not guilty to insider trading charges

Ex-Coinbase Product Manager Ishan Wahi has pleaded not guilty to fraud charges leveled against him by the U.S. Department of Justice before a Manhattan federal court on Aug. 3. Ishan was first arraigned before the court last month on charges of insider trading. He was said to have divulged information about cryptocurrencies that would be listed …

Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher

Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500, Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market capitalization lost 2.5% in 24 hours, dropping to just above the $1.1 …

Coinbase Partners With World’s Largest Asset Manager Blackrock to Give Aladdin Clients Access to Cryptocurrencies

On August 4, the head of Coinbase Institutional, Brett Tejpaul, and the vice president of institutional product, Greg Tusar, announced that Coinbase has been selected by the financial giant Blackrock to provide the firm’s Aladdin platform access to cryptocurrencies. Blackrock Chooses Coinbase to Connect Aladdin Clients to Crypto Coinbase’s institutional arm will help the world’s …

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