Bears ran through crypto markets on Friday, following reports that Elon Musk’s Spacex had sold all of its bitcoin holdings. It has been suggested that Spacex liquidated over $370 million worth of the cryptocurrency last year. Ethereum dropped below $1,600.
Bitcoin
Bitcoin (BTC) bears pushed the cryptocurrency to a two-month low on Friday, following news that Spacex had liquidated all of its…
Report: SEC on Cusp of Approving Ethereum Futures Amidst Crypto Market Rollercoaster – Bitcoin News
August 19, 2023
The U.S. Securities and Exchange Commission (SEC) is said to be on the verge of greenlighting futures products tied to ethereum (ETH), as per a Bloomberg report. One insider privy to the development indicated that a handful could secure approval come October.
Unnamed Sources…
Litecoin was one of the notable movers during Friday’s crypto blood bath, as markets reacted to speculation that Spacex had sold over $370 million in bitcoin. Today’s sell-off saw the global market cap fall by roughly 6.20%, at the time of writing. XRP also fell…
U.S.-based asset manager Valkyrie is requesting regulatory approval from the U.S. Securities and Exchange Commission (SEC) for an ether futures exchange-traded fund (ETF). The move follows the acceptance by the SEC of Valkyrie’s application for a spot bitcoin ETF last month.
Asset Manager Valkyrie Seeks Regulatory Nod for Ether Futures ETF
Tennessee-headquartered asset management firm Valkyrie…
ElmonX Releases Rare Digital Collectables From The Charles Salvador ‘Bronson’ NFT Collection – Press release Bitcoin News
August 18, 2023
PRESS RELEASE. London, United Kingdom, August 18, 2023, ElmonX proudly presents the Charles Salvador ‘Bronson’ NFT Collection. This exclusive edition release captures the raw and intense art of Charles Salvador, previously known as Charles Bronson, and represents a…
Bitcoin Dips Below $26K in Crypto Market Whirlwind; $1 Billion Liquidated Amid Top Coins' Tumble – Market Updates Bitcoin News
August 18, 2023
Bitcoin’s value briefly slipped below the $26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S. dollar, teetering dangerously close…
Judge Grants SEC's Request to Seek Interlocutory Appeal in Ripple Case Over XRP – Regulation Bitcoin News
August 18, 2023
District Judge Analisa Torres has granted the request by the U.S. Securities and Exchange Commission (SEC) seeking to file an interlocutory appeal in the Ripple case over XRP. Judge Torres’ approval came one day after Ripple Labs filed its objection to the SEC’s request.
Judge Approves SEC’s Request in Ripple-XRP Case
The U.S. Securities and Exchange Commission’s request seeking to file an…
Scam Money Is Laundered via Crypto Exchanges — Australian Regulator – Regulation Bitcoin News
August 18, 2023
A significant portion of scam money is getting laundered through cryptocurrency exchanges, the CEO of the Australian Banking Association has alleged. The Australian Financial Crimes Exchange said as much as 47% of all fraud and financial scam proceeds in the country are…
Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of an ethereum wallet, which collects proceeds from the…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Near 2-Month Lows as Bears Regain Momentum – Market Updates Bitcoin News
August 18, 2023
Bitcoin extended recent declines on Thursday, as the cryptocurrency moved towards a two-month low. Bearish sentiment increased following the latest Federal Open Market Committee (FOMC) minutes, where the Federal Reserve hinted at further rate hikes. Ethereum fell below $1,800 today.
Bitcoin
Bitcoin (BTC) neared a two-month low during today’s session, as traders continued to react to the latest…
