Bitcoin bears ‘in control but exhausted’ as BTC price retakes $29K
Bitcoin stages a recovery toward a key resistance but fails to break through, and BTC price action is giving some...
Month: August 2023
Bitstamp crypto exchange to raise funds for global expansion: Report
One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy...
Cathie Wood predicts SEC simultaneously allows multiple spot crypto ETFs: Report
ARK Investment Management is one of many firms looking for ways to offer U.S. investors exposure to crypto through exchange-traded...
PayPal stablecoin launch sparks wave of fake PYUSD tokens
Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement. Less than 16 hours have...
OpenAI launches web crawler ‘GPTBot’ amid plans for next model: GPT-5
ChatGPT users have the option to scrap the web crawler by adding a “disallow” command to a standard file on...
Circle CEO: 70% of USDC adoption comes from outside the US
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing. Circle CEO Jeremy Allaire estimates...
Zoom updates terms after backlash, won’t train AI without consent
Many online said they were halting the use of Zoom over terms that seemingly allowed the platform to scrape user...
Paypal USD: Boon for Ethereum but not decentralization, says community
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act...
Blockchain.com scores payment license from Singapore central bank
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors...
Cypher Protocol freezes smart contract after an estimated $1M exploit
A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC...
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express
Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested,...
BlackRock’s misguided effort to create ‘Crypto for Dummies’
Crypto doesn’t need BlackRock’s Bitcoin ETF. It undermines the basic tenets of cryptocurrency — from banking the unbanked to reducing...
Bitcoin funds see weekly outflows of $111M, most since March: CoinShares
Solana bucked the trend, with its $9.5 million in inflows taking the top spot over the past week. Weekly cryptocurrency...
Price analysis 8/7: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
Bitcoin’s failure to rebound off strong support may open further downside as bears may be tempted to sell. Bitcoin (BTC)...
FTX has a plan, but creditors are not impressed: Law Decoded
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan. FTX has outlined its intended...
