crypto-fndy
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Top Stories This Week about Dump, shiba, Bitcoin, Binance and XRP
The SEC has been granted a request to file a motion for leave to file an interlocutory appeal in its case against Ripple Labs. This means that the SEC can now file a motion asking the U.S. Court of Appeals for the Second Circuit to review the district court's ruling.
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
The price of Bitcoin and Ether fell sharply on August 18, triggering a wave of liquidations in the crypto derivatives market. The total amount of liquidations was estimated to be around $1 billion.
Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023
The bond issued by El Salvador, which adopted Bitcoin as legal tender in 2021, has seen its price soar by 70% in 2023. This is due to strong demand from institutional investors, who are attracted to El Salvador's Bitcoin-friendly policies.
First EU spot Bitcoin ETF hits Euronext Amsterdam exchange
The first-ever spot Bitcoin ETF in Europe has been launched on the Euronext Amsterdam stock exchange. The ETF, which is managed by Jacobi Asset Management, is trading under the ticker BCOIN.
Coinbase wins NFA approval to offer Bitcoin and Ether futures in US
The US crypto exchange Coinbase has been granted approval by the National Futures Association (NFA) to offer Bitcoin and Ether futures contracts to eligible customers. This is a major milestone for Coinbase, as it allows the exchange to offer a wider range of crypto products to its users.
Winners and Losers
Bitcoin (BTC) is at $26,031, down 10% from last week.
Ether (ETH) is at $1,660, down 15% from last week.
XRP (XRP) is at $0.50, down 12% from last week.
Most Memorable Quotations
"We do transactions every day, we work for money, we save money, but no one teaches us about it. If you want to make a change, people and families need to learn about money." - Roman Martínez, community leader at Bitcoin Beach
"The Canadian regulators have been collaborative, helpful. […] There's a clear regulatory pathway. It's allowed us to invest in the country." - Mark Greenberg, managing director for Kraken Canada
"[X's Community Notes is] the closest thing to an instantiation of 'crypto values' that we have seen in the mainstream world." - Vitalik Buterin, co-founder of Ethereum
Prediction of the Week
"BTC price nears $26K amid warning Bitcoin sell pressure can 'double'"
Bitcoin price is nearing $26,000 as markets come to terms with extreme liquidations. Some analysts are warning that the sell pressure could double, pushing the price even lower.
FUD of the Week
Shibarium denies bridge issues, calls it FUD
The team behind the newly released Shibarium mainnet has denied reports of bridge problems and asset losses. They say that the screenshots circulating in the crypto community are false.
FBI seizes almost $2M of crypto assets in 3 months
The FBI has seized around $1.7 million worth of digital assets from March to May. The assets were confiscated from a wide range of sources, including Binance exchange wallets.
Should we ban ransomware payments?
The debate over whether or not to ban ransomware payments is heating up. Some argue that paying the ransom only encourages more attacks, while others say that it is the only way to get the data back.
Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations
The price of Bitcoin and Ether fell sharply on August 18, triggering a wave of liquidations in the crypto derivatives market. The total amount of liquidations was estimated to be around $1 billion.
Bitcoin-friendly El Salvador sees bond returns soar to 70% in 2023
The bond issued by El Salvador, which adopted Bitcoin as legal tender in 2021, has seen its price soar by 70% in 2023. This is due to strong demand from institutional investors, who are attracted to El Salvador's Bitcoin-friendly policies.
First EU spot Bitcoin ETF hits Euronext Amsterdam exchange
The first-ever spot Bitcoin ETF in Europe has been launched on the Euronext Amsterdam stock exchange. The ETF, which is managed by Jacobi Asset Management, is trading under the ticker BCOIN.
Coinbase wins NFA approval to offer Bitcoin and Ether futures in US
The US crypto exchange Coinbase has been granted approval by the National Futures Association (NFA) to offer Bitcoin and Ether futures contracts to eligible customers. This is a major milestone for Coinbase, as it allows the exchange to offer a wider range of crypto products to its users.
Winners and Losers
Bitcoin (BTC) is at $26,031, down 10% from last week.
Ether (ETH) is at $1,660, down 15% from last week.
XRP (XRP) is at $0.50, down 12% from last week.
Most Memorable Quotations
"We do transactions every day, we work for money, we save money, but no one teaches us about it. If you want to make a change, people and families need to learn about money." - Roman Martínez, community leader at Bitcoin Beach
"The Canadian regulators have been collaborative, helpful. […] There's a clear regulatory pathway. It's allowed us to invest in the country." - Mark Greenberg, managing director for Kraken Canada
"[X's Community Notes is] the closest thing to an instantiation of 'crypto values' that we have seen in the mainstream world." - Vitalik Buterin, co-founder of Ethereum
Prediction of the Week
"BTC price nears $26K amid warning Bitcoin sell pressure can 'double'"
Bitcoin price is nearing $26,000 as markets come to terms with extreme liquidations. Some analysts are warning that the sell pressure could double, pushing the price even lower.
FUD of the Week
Shibarium denies bridge issues, calls it FUD
The team behind the newly released Shibarium mainnet has denied reports of bridge problems and asset losses. They say that the screenshots circulating in the crypto community are false.
FBI seizes almost $2M of crypto assets in 3 months
The FBI has seized around $1.7 million worth of digital assets from March to May. The assets were confiscated from a wide range of sources, including Binance exchange wallets.
Should we ban ransomware payments?
The debate over whether or not to ban ransomware payments is heating up. Some argue that paying the ransom only encourages more attacks, while others say that it is the only way to get the data back.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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