Falling to $10,000 Won’t Hurt Bitcoin: Expert
Bloomberg Senior Analyst Mike McGlone has compared Bitcoin metrics to the stock market and concluded that even if BTC dropped to $10,000, it would still keep its remarkable performance.
Grayscale’s Victory Over SEC Drives Coinbase’s Shares Up by 14%
Coinbase’s stock jumped 13.9% yesterday, the trigger for this surge was Grayscale Investments successfully pushing for Coinbase’s Bitcoin trust to become an ETF.
HashKey Starts Offering Bitcoin and ETH Trading to Retail Investors in Hong Kong
On August 28, HashKey, an SFC-licensed exchange platform, launched Bitcoin and Ethereum trading services for both institutional and retail clients.
OKX and Bybit Suspend Cooperation with Large Russian Banks
Russian users of crypto exchanges Bybit and OKX will now no longer be able to withdraw funds to accounts with Sberbank and Tinkoff Bank.
Shibarium L2 Network is Restarted After an Outage
Shibarium’s Tier 2 solution, created by the SHIB token’s developers, has reinitiated withdrawals over the Ethereum bridge after a long launch setback.
ARK Invest and 21Shares Want to Launch Ethereum-ETF Futures
Investment company ARK Invest and cryptocurrency ETP provider 21Shares have applied to the SEC to launch two exchange-traded funds based on Ethereum futures.
Pantera Capital Analysts Believe Bitcoin Will Hit $35,000 Before Halving
Analysts at Pantera Capital claim that Bitcoin will reach $35,000 before the block reward is reduced in April 2024.
