Traders flinch after Ethereum price rejects at $2,000
Data shows pro traders are slightly skeptical of the strength of Ethereum’s rally after ETH price sold off at the $2,000 resistance. Go to Source Powered by WPeMatico
Month: August 2022
Spending $276M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH
After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses On August 14, 2022, onchain data … Read more
BitGo to sue Galaxy Digital for $100M over dropped acquisition
“Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more,” said R. Brian Timmons. Go to Source Powered by WPeMatico
Coin Center may challenge US Treasury’s sanctions on Tornado Cash in court
“By treating autonomous code as a ‘person’ OFAC exceeds its statutory authority,” said Coin Center’s Jerry Brito and Peter Van Valkenburgh. Go to Source Powered by WPeMatico
Fed to issue long-awaited guidelines for granting master accounts to crypto banks
The U.S. Federal Reserve Board has finalized tiered guidelines for granting Federal Reserve accounts, with Wyoming’s crypto banks likely to fall under the most scrutiny. Go to Source Powered by WPeMatico
Bitcoin price corrects after hitting a wall at a multi-month descending trendline
“Up only” Bitcoin and Ethereum take a breather after encountering resistance at a stiff multi-month descending trendline. Go to Source Powered by WPeMatico
Law Decoded, Aug. 8-15: In the eye of Tornado Cash
U.S. Treasury links the crypto mixer with $7 billion worth of laundered money. Go to Source Powered by WPeMatico
Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’
The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has a lot more debt than it did back then, and insists America’s … Read more
Canadian regulatory council creates new preregistration filing for crypto platforms
The Canadian Securities Administrators will require crypto trading platforms to file an undertaking committing them to investor protections while their registration is in process. Go to Source Powered by WPeMatico
Price analysis 8/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin and altcoins met selling at key overhead resistance levels and investors are unsure whether traders will buy the current dip. Go to Source Powered by WPeMatico
