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.
Hacker Steals About $900,000 in Stablecoins from Balancer
An unknown hacker took advantage of an exploit in the Balancer v2 DeFi programmable liquidity platform to steal around $900,000 worth of DAI stablecoins.
BTC Will Hit $50,000 Ahead of Halving: Forecast
Michael van de Poppe, a trader and analyst, has estimated that the current correction could last four to six weeks, with the subsequent growth pushing the price of digital gold to around $50,000.
Circle Shares Plans to Deploy USDC on Six Networks
In the upcoming months of September and October, USDC stablecoin from issuer Circle will be deployed on a total of six networks, namely Base, Cosmos (via Noble), NEAR, Optimism, Polkadot, and Polygon.
FTX Files Court Petition to Hire Galaxy Digital’s Services to Sell its Assets
FTX has filed a court petition proposing to “buy, stake, and hedge” its $3 billion worth of digital assets, and they have chosen Galaxy Digital to execute this plan.
FBI Arrests Tornado Cash Co-Founder
OFAC listed on August 23 Roman Storm and Roman Semenov on their sanctions list, after they were indicted by the US Department of Justice for money laundering and violating sanctions.
Bitstamp Will Suspend its Staking Services in US
Bitstamp has announced that it will be ending its staking program for US users come September 25.
