Bitcoin News
Weekly Market Wrap: Bitcoin falls below US$26,000 following Evergrande’s bankruptcy
Bitcoin fell over 10% this week and dipped to a two-month low following Evergrande’s bankruptcy filing.
Zoltan Vardai
Forkast
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Most recent
Altcoins
Tether stops USDT stablecoin mints on three blockchains
Tether, the issuer of the world’s largest stablecoin USDT, announced on Thursday that it will discontinue support for its flagship stablecoin, on three blockchains, Kusama, Bitcoin Cash SLP (Simple Ledger Protocol) and Omni Layer.
Pradipta Mukherjee
Altcoins
XRP erases gains from Ripple’s partial victory as Bitcoin falls 10% in a week
Macroeconomic factors hit investor sentiment while a U.S. judge’s consent to SEC over its ongoing tussle with Ripple Labs affects crypto prices.
Pradipta Mukherjee
Regulation
SEC granted permission to file interlocutory appeal in Ripple case
Judge Analisa Torres has granted the U.S. Securities and Exchange Commission (SEC) the request to file an interlocutory appeal in its lawsuit against Ripple Labs.
Zoltan Vardai
Advanced Blockchain Technologies
How blockchain-backed ID can lift up the lives of the unbanked masses: Opinion
Digital ID verified via blockchain can greatly expand economic opportunities for the world’s poor. But the market is fragmented and faces a rocky road of regulations, writes Tamas Kadar, CEO of SEON.
Tamas Kadar
Bitcoin News
Over $1 billion in crypto market liquidations as Bitcoin hits 2-month low
Bitcoin traded at around US$26,800 on Thursday morning in Asia after hitting a two-month low of around US$25,400. Ether fell below US$1,700.
Tom Zuo
Bitcoin News
Bitcoin steady at US$28,500; Dogecoin leads market decline in Asia
Global institutional intrigue in digital currencies grows but the cryptocurrency market shows no signs of rallying.
Pradipta Mukherjee
Regulation
Will Singapore steady the stablecoin ship?
Top blockchain and crypto news: Singapore steps up stablecoin rules. DeGods decline. Hong Kong’s third crypto license.
Forkast.News
Altcoins
Shiba Inu’s Shibarium layer-2 solution off to a rocky start
The Shiba Inu token’s price dropped over 7% Thursday after the bumpy launch of “Shibarium,” a layer 2 scaling solution on the Ethereum blockchain.
Tom Zuo
Bitcoin News
Bitcoin dives to US$28,500; Coinbase buoyed by US futures approval; Fed minutes cast shadow over equities
Bitcoin, Ether and Top 10 crypto fell on Thursday morning in Asia. Coinbase receives futures approval.
Danny Park
Regulation
PayPal to pause UK crypto sales from October for at least 3 months
PayPal will pause cryptocurrency sales in the United Kingdom for a minimum of three months starting October 1.
Zoltan Vardai
Regulation
Coinbase cleared to offer crypto futures trading in the US
Coinbase, the largest cryptocurrency exchange in the U.S., has obtained regulatory approval to offer crypto futures trading services to eligible clients
Zoltan Vardai
Bitcoin News
Bitcoin extends losses as BNB falls after Binance closes payment service
Bitcoin extends the day’s losses but keeps above US$29,000, while Binance’s BNB drops amid exchange's payment service closure.
Pradipta Mukherjee
Regulation
Binance to shut crypto payment infrastructure as market dominance dips
Binance will shut down its cryptocurrency payment service Binance Connect on Aug. 16, a Binance spokesperson confirmed.
Tom Zuo
Regulatory News
Singapore unveils stablecoin regulatory framework
The Monetary Authority of Singapore unveiled a stablecoin regulatory framework on Tuesday as the city-state aims to become a global hub for the crypto industry.
Tom Zuo
Regulation
TradFi has its eyes on crypto, and here’s the real reason why: Opinion
Wall Street thought crypto would be a passing fad. But more big institutions are having a change of heart, in spite of crypto’s protracted market woes.
Valentina Drofa
NFT Marketplaces
Alotta NFTs, alotta volume
NFT data reveals a staggering 876,000 transactions across DMarket, DraftKings, Gods Unchained, and Sorare. DMarket alone boasts over 15 million NFTs. Combined, these giants account for nearly one-third of all NFT transactions.
Yehudah Petscher
Bitcoin News
Cryptos decline on the back of Wall Street losses and Fed speculation
Bitcoin and Ether fell on Wednesday along with all other top 10 cryptos, NFTs moved down while U.S. stock futures steadied after a rocky Tuesday.
Danny Park
Bitcoin News
Bitcoin, Ether dip amid low volatility; Solana gains
Bitcoin traded flat on Tuesday afternoon in Asia. Ether dipped, while most other top 10 non-stablecoin tokens traded flat to lower. Solana rose.
Tom Zuo
Regulation
FTX founder Sam Bankman-Fried charged with stealing customer funds for political donations
The FTX founder faces charges of wire fraud, securities fraud, commodities fraud and money laundering related to the exchange's collapse in November.
Will Fee