Bitcoin’s Plunge to $26,000: Unveiling Night of Market Turmoil

    coinwire 2023-08-18 31802 views Trending
    A single night in the financial markets witnessed a whirlwind of events that left a profound impact on Bitcoin & the cryptocurrency landscape. Amidst rumors, financial crises, and regulatory speculations, Bitcoin (BTC), the cornerstone of digital assets, suffered a steep drop, breaching the significant $26,000 level. This article delves into the factors that contributed to this rapid decline and its repercussions.

    Coinbase to Suspend Trading of Stablecoins in Canada

    coinwire 2023-08-18 37779 views Trending
    Cryptocurrency exchange Coinbase is set to make significant changes in its offerings to Canadian users. In a move that highlights the evolving regulatory landscape in the country’s crypto market, the exchange has announced its decision to suspend the trading of certain stablecoins for its Canadian customers. This shift follows regulatory developments and reflects the exchange‘s commitment to maintaining compliance with emerging standards.

    G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency

    coindesk 2023-08-17 75742 views Policy
    G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summit in September.

    Crypto Mining Gets Its Own Lobbying Voice in Washington

    coindesk 2023-08-17 56476 views Policy
    Digital miners are creating the Digital Energy Council to advocate for their interests among politicians.Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the next steps in crypto regulation.

    SEC delays set deadlines for Bitcoin ETF approval to early 2024

    cointelegraph 2023-08-16 60487 views Trending
    With a maximum 240-day window available to the SEC to delay crypto ETF applications, some firms could wait until March 2024 to hear decisions on filings made in July 2023.

    Bitcoin price action is beginning to mirror BTC’s 2015-2017 pre-bull market cycle

    cointelegraph 2023-08-16 69558 views Trending
    Bitcoin’s price action and the crypto markets’ structure are beginning to mirror the pre-bull run activity seen in previous years, according to Delphi Digital.

    Binance to Launch opBNB Layer 2 Network: Boosting Throughput and Reversing Decline

    coinwire 2023-08-15 66931 views Trending
    ​In the ever-evolving world of cryptocurrencies, Binance, the leading centralized crypto exchange, is set to launch opBNB, a Layer 2 scaling solution designed to enhance the performance of its Layer 1 smart contract platform, BNB Chain. This new development aims to significantly boost the throughput of BNB Chain, providing a more efficient and cost-effective solution for users.

    Sam Bankman-Fried’s Incarceration: Inside Brooklyn Metropolitan Detention Center

    coinwire 2023-08-15 31189 views Trending
    Former FTX CEO Sam Bankman-Fried finds himself spending his third night in one of New York’s most notorious prisons. This stark contrast from his affluent upbringing in a multi-million dollar home has captivated public interest. Bankman-Fri...

    SEC Delays Decision on This ETF, Opens Public Comments

    coinwire 2023-08-14 37149 views Trending
    The United States Securities and Exchange Commission (SEC) has extended its decision-making timeline for the approval or disapproval of a spot Bitcoin exchange-traded fund (ETF) presented by ARK Investment Management. This delay is the latest in a series of postponements by the regulatory body, which is currently evaluating the feasibility of permitting a spot cryptocurrency ETF in the U.S. The SEC’s move comes after ARK Investment Management’s CEO, Cathie Wood, anticipated the decision delay earlier in August.

    Bitcoin: The Best-Performing Asset of 2023

    coinwire 2023-08-14 53958 views Trending
    The year 2023 has been a remarkable one for investors, with Bitcoin emerging as the best-performing asset. This digital currency has captured the attention of both individuals and institutions, showcasing its potential as a lucrative investment opportunity.

    SEI’s Upcoming Mainnet: Price Prediction In-Dept Analysis

    coinwire 2023-08-12 30896 views Trending
    The cryptocurrency market is abuzz with anticipation as Binance, the world’s leading exchange, gears up for a significant event on August 15th – the listing of SEI Network’s native token. SEI Network is carving out a distinct path in the blockchain landscape, positioning itself as the first sector-specific Layer 1 blockchain. With an expected starting price of 26 cents, SEI’s valuation places it among the top 100 cryptocurrencies.

    Russia Advances CBDC Plans with 13 Banks in Digital Ruble Testing

    coinwire 2023-08-11 48799 views Trending
    Russia is taking a significant step towards its CBDC ambitions by announcing plans to test its real digital ruble. This move reflects the country’s commitment to digital transformation in its financial framework. Despite Western sanctions prompted by actions in Ukraine, Russia is proactively delving into the cryptocurrency landscape to overcome these challenges.

    India Prompts to Develop Digital Signatures on Web Browsers

    coinwire 2023-08-11 63922 views Policy
    In a noteworthy development, the Indian Ministry of Electronics and Information Technology (MeitY) has expressed its desire to empower users with the ability to utilize crypto tokens for digitally signing documents within a new indigenous web browser.

    Bitcoin Lightning Network is growing, but 3 major challenges remain

    cointelegraph 2023-08-10 46887 views Trending
    The Lightning Network is growing, but liquidity issues and a need for greater user awareness continue to hinder mainstream adoption.The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, and its primary objective is to address the Bitcoin network’s scalability issues.

    Bitcoin risks 15% dip by October, but $100K is due in 2026 — Analysis

    cointelegraph 2023-08-10 63057 views Trending
    Bitcoin falling back to $25,000 would mark its “last big dip” before the next BTC price bull run, says Cane Island’s Timothy Peterson.

    CPI report may show uptick in US inflation — How will Bitcoin price react?

    cointelegraph 2023-08-09 30735 views Trending
    Bitcoin’s price remains range-bound as equities, gold and U.S. Treasurys offer competitive rates with reduced risk. This week’s CPI report could shake things up.

    Why is Bitcoin price stuck?

    cointelegraph 2023-08-09 58912 views Trending
    Bitcoin price is stuck today, but several data points suggest it won’t be for too much longer

    Worldcoin expects more companies to integrate in the coming months, says product head

    cointelegraph 2023-08-08 53041 views Trending
    The head of product at Tools for Humanity told Cointelegraph that Worldcoin is expecting more companies to integrate in the second half of the year.

    Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges

    cointelegraph 2023-08-08 68163 views Trending
    Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements.

    The Bitcoin Masterclasses #7 tackles the limitations of sovereign nodes and blockchain

    coingeek 2023-08-07 76125 views Trending
    ​“There’s a lot of information already in government databases, and now we have to start migrating this,” Dr. Craig Wright said.In the fifth session of The Bitcoin Masterclasses Season #7, Dr. Wright describes some of the limitations of the “Sovereign Node” concept in blockchain. When advocating for a world built on blockchain, it’s important to remember these limitations need to be addressed. What are they?

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