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On Aug. 17, leading stablecoin firm Tether announced its decision to discontinue support for its USDT stablecoin on three blockchains and blockchain layers: the Omni Layer, Kusama, and Bitcoin Cash SLP implementations of its USDT stablecoin. origin »
Singapore authorities arrested ten foreigners in a major money laundering bust, confiscating assets worth roughly $735 million. On Aug. 16, Singaporean police arrested ten foreign nationals with Chinese passports, accused of laundering approximately S$1 billion ($735 million) in Singapore. During… origin »
Hundreds of millions of Dogecoin moved from Binance and Robinhood as DOGE price seems to find local bottom origin »
PEPE, the amphibian-themed token that kickstarted the meme coin season in April this year, remains a subject of both fascination and volatility within the cryptocurrency landscape. Its journey, marked by highs and lows, offers insights into the evolving dynamics of this speculative market. origin »
Litecoin price has retreated 14% in the past 24 hours and 23% in the past week Price has also broken below an ascending channel trendline support. Can bulls stem post-halving dump? Litecoin price has declined 14% in the past 24 hours to add to the pain bulls have experienced over the past three weeks. origin »
The recent crypto market crash has led to double-digit losses of more than $55 million for an unknown crypto trader on Binance. Coinglass data showed that the trader traded Ethereum (ETH) against the embattled stablecoin Binance USD (BUSD). origin »
In a filing dated August 4, Valkyrie applied to add an Ethereum futures ETF to its Bitcoin Strategy ETF (BTF). However, it would seem this move was pushed back by the SEC as the asset manager has now filed a separate application to offer an Ether futures ETF. origin »
Despite rumors, there will be no decision today, Aug. 18, Grayscale’s lawsuit against the Securities and Exchange Commission (SEC) over their denial of a spot Bitcoin Exchange-Traded Fund (ETF) conversion, While some had hoped for a decision today, that idea was dispelled by Bloomberg Intelligence Analyst James Seyffart in an Aug. origin »
The SEC decision has prevented further Bitcoin crash, BTC price has levelled origin »
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. origin »
Credit card processor Checkout. com cuts ties with Binance over AML concerns. Binance is reportedly considering legal action, Forbes said in a report published August 18. Binance recently announced it was shutting down its regulated buy-and-sell crypto arm Binance Connect. origin »
OKB holders appear untouched amid ongoing market rout origin »
Cardano advocate Dan Gambardello optimistic about industry's long-term prospects origin »
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury was within its authority to declare Tornado Cash a sanctioned entity. origin »
The exchange expanded its services in Canada earlier this week. origin »
London-based credit card payment processor Checkout. com has severed ties with Binance, the world’s largest cryptocurrency exchange, according to a spokesperson. The termination, which came through two letters sent earlier this month, was revealed in a report from Forbes and later confirmed by TechCrunch. origin »
One of two creators of Dogecoin has named which cryptocurrencies he favors and which he does not origin »
Bitcoin dropped 10% to a nine-week low of $25,649, causing over $1 billion in liquidations and a market capitalization crash of around $100 billion. Rumors suggest that SpaceX's sale of its Bitcoin holdings contributed to the crash. origin »
The cryptocurrency market has plummeted relentlessly, with liquidations exceeding $1 billion. Such developments and a weak market structure could have welcomed the massive price plunges. Bitcoin flashed bearish signals after news of SpaceX selling its entire BTC stash. origin »
The recent significant price drop in the crypto markets happened yesterday and it has left an atmosphere of uncertainty and volatility. The aftermath of this event has been marked by notable activities, particularly in the Bitcoin (BTC) realm. origin »
Moonstone Bank, which renamed itself Farmington State Bank, received roughly $11.5 million from FTX’s sister firm, Alameda Research, through its holding company in 2022. origin »
The crypto community expected a decision from the US Court of Appeals regarding a lawsuit by Grayscale against the US Securities and Exchange Commission (SEC) today. It did not come and experts are saying the next possible date is next Tuesday, August 22. origin »
PEPE’s exchange outflow spiked during the time its price declined. A few market indicators turned bullish on the memecoin. Pepe [PEPE] has witnessed massive price volatility in both direThe post Is PEPE losing investor confidence? appeared first on AMBCrypto. origin »
Shiba Inu major buying activity in progress as inflows spike 664% origin »
Shiba Inu enthusiasts have been awaiting the official launch of the layer2 network Shibarium. However, the scaling solution failed to match the excitement following various issues. Invezz. com reported how Shiba Inu ecosystem tokens, including SHIB, LEASH, and BONE, slumped following the Shibarium mainnet release. origin »
Cryptocurrency investors must exercise caution and discretion when navigating the volatile market. Several circumstances warrant refraining from making investments. First, sudden regulatory changes or governmental bans on cryptocurrencies can have a detrimental impact on the market. origin »
In a significant move signaling the growing importance of Central Bank Digital Currencies (CBDCs) in global financial systems, Mastercard has announced a strategic partnership with several blockchain companies, including Ripple. origin »
Bitcoin and other cryptocurrencies plummeted early on Friday morning, with digital assets continuing to wallow at miserable levels over the past several weeks. Divergent opinions exist among the market players regarding what will happen next. origin »
The Terra Luna Classic community has proposed an inclusive plan as the blockchain platform relaunch plans. Happy Catty Crypto and Strathcole have suggested a united vision, eyeing a better network for all participants. origin »
About $41 million worth of SHIB were moved into cold wallets. Following the recent market downturn, traders remained uncertain about SHIB's price action. Shiba Inu’s [SHIB] price action maThe post How Shiba Inu's dip reinforced whales' faith appeared first on AMBCrypto. origin »
Amount of Bitcoin liquidation highest for single day since June 2022 market upheaval origin »
FTX sought resolution in legal dispute through a $175 million settlement with Genesis entities. Persistent discord surrounded the proposal, as the FTX 2.0 coalition highlighted unfavorable dynaThe post FTX pursues $175 million settlement with Genesis appeared first on AMBCrypto. origin »
SpaceX, the aerospace company founded by tech mogul Elon Musk, reportedly took a significant step in reshaping its financial portfolio by recording a write-down of $373 million on its Bitcoin holdings in the past two years. origin »
Quick Take The current landscape of Bitcoin appears to be significantly influenced by the movements of short-term holders, specifically those who have possessed Bitcoin for less than 155 days. As per CryptoSlate’s recent data analysis, these individuals are experiencing notable financial pressure due to their positions. origin »
Users will still be able to deposit and withdraw USDT, DAI and RAI after the deadline, but trading will be suspended.
origin »Bitcoin’s price plummeted to $26,298 on Aug. 17, marking a significant 9% decline within a 24-hour span. Ethereum wasn’t spared either, as its price tumbled to $1,620, reflecting a 10% drop during the same period. origin »
Prices recovered to $26,301 at the time of writing, but the gains made by the mid-June rally were reversed. Analysts equated the selling pressure to the aftermath of the FTX collapse and the U. origin »
At press time, SEI was trading at $0. 1625 down 12. 02% from where it was trading at yesterday the same time. The token’s trading volume has also dropped by 42% in the last 24 hours. SEI recently announced it was increasing the number of eligible wallets for $SEI Airdrop from 500K to 1. origin »
Singapore, Singapore, August 18th, 2023, Chainwire Crypto Exchange Huobi announced a strategic partnership with TradingView on data and trading integration services. Users will now be able to directly view the real-time prices of cryptocurrencies on Huobi with TradingView. origin »
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service. origin »
Cypher Protocol recovered nearly 50% of the stolen funds, worth approximately $600,000. On Aug. 7, the company suffered an exploit attack that reportedly wiped $1 million off its accounts. On Aug. origin »
Discover how SAGE Labs is revolutionizing the web3 gaming space with Star Atlas, offering immersive play-to-earn experiences on the Solana blockchain. The post SAGE Labs: The Next Chapter in Web3 Gaming with Star Atlas appeared first on NFT News Today. origin »
Key Takeaways Trading volume, liquidity and volatility are all falling in the crypto markets Even Bitcoin’s strong rise thus far this year has been steady and methodical rather than via sudden spikes, as in the past Bitcoin dominance is rising, uncharacteristic during periods of price increases, highlighting a potential divergence Regulatory crackdown is suppressing market […] The post Crypto market participation continues to dip appeared first on CoinJournal. origin »
CME Group will launch Bitcoin (BTC) and Ether (ETH) reference rates for the Asia Pacific region. On Aug. 16, CME Group announced it would launch the new reference rates on Sept. 11. The senior director for digital currency products at… origin »
The Mexican crypto exchange, Bitso, will launch an international payments service. The main aim of the new service is to connect the Latin American region with the rest of the world. It will allow companies to send and receive international… origin »
Arbitrage traders have incredibly lucrative opportunity amid chaos of XRP price collapse origin »
The US Securities and Exchange Commission (SEC) is poised to approve the inaugural Ether (ETH) futures-based exchange-traded funds (ETFs) origin »
Around 22,000 Bitcoin options contracts worth $580 million are set to expire on August 18, potentially impacting market volatility. A similar number of Ethereum contracts are also due to expire. The post Can $580M in Expiring Bitcoin Options Reverse Market Momentum? appeared first on BeInCrypto. origin »
In the fast-paced crypto industry, marketing agencies can thrive by adopting traditional advertising wisdom. Key strategies include proactive self-promotion, nurturing journalist relationships, and establishing a clear, authentic brand voice. origin »
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