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Month: August 2023

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  • Grayscale secures a big win against SEC in Bitcoin ETF case

Grayscale secures a big win against SEC in Bitcoin ETF case

U.S. court rules in favour of Grayscale in its lawsuit against SEC. Today’s ruling paves the way for the first U.S. Bitcoin ETF. Bitcoin and Ethereum jumped over 5.0% following…

Digital asset investment products record largest outflows since March

Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since March 2023, according to a…

Bitcoin miner Canaan’s mining revenue rose 43% in Q2

Canaan Inc. (NASDAQ: CAN) has released its Q2 financial report showing an increase in mining revenue. The Bitcoin miner’s total revenue rose to $73.9 million, increasing by 33.7% compared to…

5 Popular Crypto Trading Strategies & How to Backtest

What is Crypto Day Trading? Crypto day trading is the buying and selling of cryptocurrencies within the same day, to profit from short-term price fluctuations. Traders rely on technical anal...

Genesis and DCG reach in-principle agreement to recover creditors’ funds

Digital Currency Group (DCG) moving toward resolving the financial challenges of its crypto lending subsidiary, Genesis. The agreement could possibly lead to a fair recovery for creditors. The agreement is…

Akropolis (AKRO) up 441%: here’s why the crypto is rising

The price of Akropolis (AKRO) cryptocurrency has risen by 441% over the past year. In the past 24 hours, the coin has surged by 30% to trade at $0.0192. Akropolis…

Stargate Deploys to Kava Chain Unifying Cosmos-Ethereum Liquidity

Georgetown, Cayman Islands, August 28th, 2023, Chainwire Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava…

SEC charges Impact Theory with unregistered offering of NFTs

SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory did not deny nor agree to the charges, but accepted…

Binance to serve Belgian users via Polish arm

Binance users in Belgium can continue accessing services via its Poland-based unit. The exchange had revealed plans to work with the Belgian regulator in June. Belgium’s Financial Services and Markets…

dYdX price: DYDX outlook ahead of $14M bump in token supply

The dYdX (DYDX) ecosystem is braced for the upcoming $14 million token unlock. A bump in DYDX supply could be felt in the price reaction, with DYDX trading around $2.16.…