Cryptocurrency news

• Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub

  18-08-2023 23:50 via cointelegraph.com
  
  This week's Crypto Biz explores Binance Connect shutdown, BitGo's funding round, PayPal Crypto Hub, and other news.
  
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• Crypto grants foster innovation amid venture capital exodus

  18-08-2023 23:29 via cointelegraph.com
  
  Alternative funding options, such as grant programs, have grown in popularity as the bear market continues to slash venture capital from the crypto industry.
  
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• XRP Ruling Needs Appeals Court Review, SEC Says

  18-08-2023 23:15
  
  The U.S. Securities and Exchange Commission (SEC) asked for permission to appeal a federal judge's ruling that XRP sales through exchanges didn't violate securities law, a day after the judge said the SEC could present its argument.
  
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• Algorand Faces Tough Times, Records New All-Time Low As Crypto Market Plunges

  18-08-2023 23:00 via newsbtc.com
  
  Algorand’s (ALGO) performance on the charts has been nothing short of a rollercoaster. According to data from CoinGecko, yesterday, the asset’s value plummeted to a historical bottom, and it’s currently down by nearly 10% in the past 24 hours.Algorand Records New Low
  Just yesterday, amid the significant downturn in the crypto market, Algorand’s price fell below notable support. The asset dropped to a price of $0.0905 despite maintaining its stability and strivin
  
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• El Salvador Diary: Lightning Is Key to Bitcoin Adoption

  18-08-2023 22:51
  
  As he travels around the first country to adopt Bitcoin as legal tender, Jonathan Martin finds that few are using it. But Lightning integration could soon change the game.
  
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• IBM blockchain and AI expert says ChatGPT poses several ‘key risks’ for enterprise use

  18-08-2023 22:30 via cointelegraph.com
  
  Listing numerous areas of concern, IBM Fellow, VP, and CTO of IBM Automation Jerry Cuomo lays out the potential pitfalls for businesses using ChatGPT.
  
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• Things in Crypto We're Freaking Out About

  18-08-2023 22:15
  
  With a nod to Sam Bankman-Fried, CoinDesk staff crowdsource their fears, anxieties and disappointments — for your enjoyment!
  
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• XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case

  18-08-2023 22:00 via newsbtc.com
  
  The United States Securities and Exchange Commission (SEC) has reopened old wounds after a federal Judge grants the regulator’s request to file a new appeal against Ripple.  
  Ripple And SEC Legal Battle Continues
  Ripple, the crypto firm behind XRP cryptocurrency, had secured a partial victory in July in its case against the SEC that had raged on for almost three years. However, the regulator has not taken this lying down as on Thursday, August 17, Judge Analisa Torres reportedly
  
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• Tokenization News Roundup: Consolidation Coming

  18-08-2023 21:53
  
  A weekly digest of articles, reports and analyses about tokenized RWAs, the fast-growing financial instruments that merge traditional finance to the blockchain.
  
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• Bitcoin price drops to a two month low — Did pro traders benefit?

  18-08-2023 21:30 via cointelegraph.com
  
  A massive amount of traders were liquidated as BTC price dropped to $25,300, but was it primarily retail traders that were washed out?
  
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• Curve Crisis Averted, NFT Loans Protocol Now Votes on Next Steps

  18-08-2023 21:29
  
  JPEG’d DAO voters are deciding how to account for a $1 million bounty.
  
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• LiFi launches multi-bridge governance solution after Uniswap debate

  18-08-2023 21:10 via cointelegraph.com
  
  The new bridge aggregator allows cross-chain DAOs to only accept votes confirmed by more than one bridge.
  
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• More Blood Ahead? Why Bitcoin Could Crash Further If It Loses $26,000

  18-08-2023 21:00 via newsbtc.com
  
  The Bitcoin price range has been obliterated as the crypto market was corrected into a final support line. Volatility in the sector was compressed for weeks, and many were expecting some action in the short term, but the drop caught market participants by surprise as BTC kept on pushing lower.
  As of this writing, Bitcoin trades at $26,400, with an 8% loss in the last 24 hours. BTC recorded a 10% correction in the previous seven days, while some altcoins experienced a 17% and even 20% loss on BTC
  
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• Cryptocurrency Monero Down More Than 4% Within 24 hours - Benzinga

  18-08-2023 21:00
  Cryptocurrency Monero Down More Than 4% Within 24 hours  Benzinga
  
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• Cryptocurrency Cosmos Hub Down More Than 5% Within 24 hours - Benzinga

  18-08-2023 21:00
  Cryptocurrency Cosmos Hub Down More Than 5% Within 24 hours  Benzinga
  
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• Litecoin price drops below key technical area: What next for LTC?

  18-08-2023 20:54 via coinjournal.net
  
  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. The cryptocurrency, which successfully underwent its third block reward halving early this month, traded to lows of $60.75 and has plummeted 23% in the past week.
  Why did Litecoin price go down tod
  
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• Bitcoin Plunged 11% in Worst Week Since FTX’s Collapse. What’s Next for BTC’s Price?

  18-08-2023 20:54
  
  BTC slipped below $26,000 amid the crypto market mayhem.
  
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• BrokerComplaintAlert Unveils Innovative Solution: How to Recover ... - Digital Journal

  18-08-2023 20:47
  
  BrokerComplaintAlert Unveils Innovative Solution: How to Recover ...  Digital Journal
  
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• Top Cryptocurrency Investment: Why the Chancer Presale Could Be ... - The Coin Republic

  18-08-2023 20:46
  
  Top Cryptocurrency Investment: Why the Chancer Presale Could Be ...  The Coin Republic
  
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• Price analysis 8/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, LTC

  18-08-2023 20:26 via cointelegraph.com
  
  Bitcoin and most major altcoins are reeling under intense selling and charts suggest that the market sell-off is not complete.
  
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• New Zealand parliamentary report advises against hasty crypto regulation

  18-08-2023 20:23 via cointelegraph.com
  
  An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively.
  
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• Crypto Stories: eToro co-founder Yoni Assia’s life in finance led him to adopt crypto early

  18-08-2023 20:20 via cointelegraph.com
  
  Yoni Assia wanted to make trading accessible to “normal” people, and Vitalik Buterin helped him design the platform.
  
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• Bitcoin Teetering On The Edge: Here’s Why BTC Could Plunge Below $26,000

  18-08-2023 20:00 via newsbtc.com
  
  Bitcoin, the cryptocurrency often referred to as ‘digital gold’, has been on a roller-coaster ride lately. Over the past decade, Bitcoin has transformed from an obscure digital token into an economic powerhouse, drawing attention from retail investors to global financial institutions.However, as recently observed over the past 24 hours, the asset’s resistance is being tested as a report from Santiment reveals chances of it plunging below the critical $26,000 mark.
  Whale Activit
  
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• Elon Musk says block feature to be ‘deleted’ on Twitter/X

  18-08-2023 19:45 via cointelegraph.com
  
  According to Musk, users will have to rely on the ‘mute’ function instead.
  
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• Huobi Announces Strategic Partnership with TradingView

  18-08-2023 19:31 via coinjournal.net
  
  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. They can also create accounts and trade on Huobi without having to switch between platforms.
  With more than 50 million traders and investors globally, TradingView is a premier financial chart analysis platform that covers vari
  
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• Binance considers legal action against Checkout.com as partnership ends

  18-08-2023 19:06 via cointelegraph.com
  
  Binance Connect was shut down on Aug. 16 after Checkout.com discontinued supporting the crypto exchange.
  
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• Shibarium Launch Saga: Block Production Resumes Despite Stuck ETH

  18-08-2023 19:00 via newsbtc.com
  The Shibarium didn’t get off to a flying start following its launch on August 16. However, the network aims to move past these incidents as block production resumes.
  Developers Restarts Network
  Data from Shibariumscan.io shows that the layer-2 network is up and running again. Shibarium had on August 17 paused block production following the traffic surge, which overwhelmed the blockchain upon mainnet launch. Close to $1.7 million in bridged funds had reportedly gotten stuck on the Shib
  
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• Saying Goodbye to The Airdrop

  18-08-2023 18:30
  
  But CoinDesk is not abandoning Web3 content.
  
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• Checkout.com terminates Binance support over AML concerns: report

  18-08-2023 17:39 via coinjournal.net
  
  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.Checkout.com, the UK-based payments processor that has been one of the biggest payments partners for Binance, has reportedly ended its relationship with the crypto exchange giant.
  A report published by Forbes on August 18
  
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• Bitcoin Investors Fall Into Fear As BTC Crashes To $26,500

  18-08-2023 17:30 via newsbtc.com
  Data shows the Bitcoin market sentiment has plunged into fear as the cryptocurrency’s price has observed a crash to the $26,500 level.
  Bitcoin Fear & Greed Index Points At “Fear” In The Market
  The “Fear & Greed Index” is an indicator that tells us about the general sentiment among investors in the Bitcoin and wider cryptocurrency market. This metric uses a numeric scale that runs from 0-100 for displaying the sentiment.
  All values above the 54 mark suggest t
  
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• The Profit Potential of Cryptocurrency: A Debate on Individual ... - Bitcoinsensus

  18-08-2023 16:43
  
  The Profit Potential of Cryptocurrency: A Debate on Individual ...  Bitcoinsensus
  
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• BTC price nears $26K amid warning Bitcoin sell pressure can 'double'

  18-08-2023 16:33 via cointelegraph.com
  
  BTC price weakness continues into Wall Street trading, and Bitcoin has yet to rival seller capitulation from earlier this year.
  
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• Valkyrie Taps Into Ethereum Momentum With New ETF Filing

  18-08-2023 16:30 via newsbtc.com
  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.  
  Valkyrie Moves To Offer Ethereum Futures ETF
  In an application dated August 16, Valkyrie seeks the United States Securities and Exchange Commission’s (SEC) approval to offer an Ethereum futures exchange-traded fund (ETF).&
  
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• AI is helping expand accessibility for people with disabilities

  18-08-2023 16:30 via cointelegraph.com
  
  A holistic approach to empowering lives: how AI redefines the accessibility landscape for people with disabilities.
  
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• Bitget and crypto influencer embroiled in legal saga after ReelStar token listing fiasco

  18-08-2023 16:20 via cointelegraph.com
  
  Evan Luthra says Bitget froze his account in April. The exchange claims it was done on suspicions of market manipulation related to the sale of REELT tokens.
  
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• Bitget and crypto influencer embroiled in legal saga after Reel Star token listing fiasco

  18-08-2023 16:20 via cointelegraph.com
  
  Evan Luthra says Bitget froze his account in April. The exchange claims it was done on suspicions of market manipulation related to the sale of REELT tokens.
  
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• Best Cryptocurrency Coins Under $1 To Buy Right Now ... - Cryptopolitan

  18-08-2023 16:03
  
  Best Cryptocurrency Coins Under $1 To Buy Right Now ...  Cryptopolitan
  
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• Cypher Protocol successfully freezes $600000 in stolen ... - Cryptopolitan

  18-08-2023 15:42
  
  Cypher Protocol successfully freezes $600000 in stolen ...  Cryptopolitan
  
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• Shiba Inu price outlook: SHIB army digs in despite Shibarium setback

  18-08-2023 15:39 via coinjournal.net
  
  Shiba Inu (SHIB) traded to lows of $0.0000072 before bouncing to $0.0000087.
  Declines for SHIB came amid wider crypto sell-off as Bitcoin fell to lows of $25,600.
  SHIB price could recover to the psychological $0.00001 or see fresh declines to major support levels.Shiba Inu’s native token SHIB has plunged to July lows, trading to lows of $0.000000726 after a sharp 20% drop. SHIB price was down over 30% in the past week as of 8:30 am ET on Friday morning.
  The token’s sharp decline fol
  
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• No, Elon Musk's SpaceX Isn't the Cause of This Multi-Billion Dollar Bitcoin Bloodbath

  18-08-2023 15:32
  
  Bitcoin prices fell suddenly late on Thursday amid reports of hundreds of millions in sales, triggering a bloodbath across futures and spot markets.
  
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• SpaceX Bold Move: Why Did They Sell $373 Million In Bitcoin Holdings?

  18-08-2023 15:20 via newsbtc.com
  
  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. 
  According to a report from The Wall Street Journal, the company not only acknowledged the devaluation of its Bitcoin assets but also indicated the possibility of divestment.
  A write-down in the context of cryptocurrency holdings refers to the reduction in the recorded v
  
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• Safello wins The Swedish Police Authority's public procurement of cryptocurrency exchange - Marketscreener.com

  18-08-2023 15:06
  Safello wins The Swedish Police Authority's public procurement of cryptocurrency exchange  Marketscreener.com
  
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• BNB hacker loses over $53M after getting liquidated in market crash

  18-08-2023 15:06 via cointelegraph.com
  
  A crypto wallet linked to the BNB chain exploit had three of its positions liquidated after BNB's price dropped below $220.
  
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• Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations

  18-08-2023 14:55 via cointelegraph.com
  
  The liquidation event saw one trader lose $55.9 million, while another saw $10 million worth of hedged positions get liquidated.
  
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• This cryptocurrency is the only big gainer in top 100 today - Finbold - Finance in Bold

  18-08-2023 14:48
  
  This cryptocurrency is the only big gainer in top 100 today  Finbold - Finance in Bold
  
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• Securitize acquires $40b crypto fund manager Onramp

  18-08-2023 14:37 via cointelegraph.com
  
  Digital securities firm Securitize will provide new alternative assets to major cryptocurrency firms like WisdomTree and Valkyrie Invest.
  
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• Here Are The Factors That Could Be Behind The Latest Bitcoin Wipeout

  18-08-2023 14:15 via newsbtc.com
  
  Bitcoin, the largest cryptocurrency in the world, has plummeted substantially in the past 24 hours, leading to a ripple effect among other cryptocurrencies. On August 18, the price of BTC suddenly dumped 8% in a matter of minutes, as tension from investors increased selling pressure.
  Bitcoin has endured many crashes of this magnitude in the past, and market corrections of this magnitude don’t come out of nowhere. So the recent plunge in BTC’s value could be due to several factors in
  
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• Cryptocurrency Exchanges in the SEC's Crosshairs: Safeguarding Investor Interest Amid the Web3 Evolution - Gadgets 360

  18-08-2023 14:14
  Cryptocurrency Exchanges in the SEC's Crosshairs: Safeguarding Investor Interest Amid the Web3 Evolution  Gadgets 360
  
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• What is Chapter 11 bankruptcy? Understand the basics

  18-08-2023 14:07 via cointelegraph.com
  
  Understand how companies reorganize amid financial challenges to ensure business continuity via Chapter 11 bankruptcy.
  
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• Crypto liquidations hit $1B in 24 hours as Bitcoin dumps to near $25k

  18-08-2023 14:04 via coinjournal.net
  
  Over $1 billion in crypto liquidations occured as crypto prices dumped sharply.
  Bitcoin fell to near $25k amid a flash crash triggered by SpaceX rumour.The crypto market saw a sharp correction overnight Thursday/Friday morning, with Bitcoin price crashing within minutes from near $28k to lows of $25,600. Reverberations across the market resulted in over $1 billion in liquidations and the crypto market cap shrunk by nearly 7%.
  Traders rekt as amid massive $1 billion in liquidations
  Even though t
  
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