Bitcoin may behave more like US Treasury bonds: Bloomberg Intelligence

The latest crypto market research from Bloomberg Intelligence suggests that Bitcoin may start to behave more like United States (U.S.) Treasury bonds and gold, rather than stocks. In its August Crypto Outlook... Read more »

Binance-owned WazirX under investigation in India over alleged money laundering

The Indian Directorate of Enforcement is investigating WazirX to determine whether it facilitated the laundering of 2,790 crore Indian rupees(over $350 million) through its platform, the country’s Finance Minister, Pankaj Chaudhary, told... Read more »

Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data

The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring... Read more »

MicroStrategy stock MSTR hits 3-month high after CEO’s exit

MicroStrategy (MSTR) stock opened higher on Aug. 3 as investors digested the news of its CEO Michael Saylor’s exit after a depressive quarterly earnings report. Microstrategy stock up 142% since May lows ... Read more »

Almost 8,000 Solana Wallets Drained in Suspected “Supply Chain” Exploit

Key Takeaways Thousands of Solana wallet users have been hacked in a suspected “supply chain” attack. The hack has impacted Phantom and Slope users. Some Ethereum TrustWallet users have reportedly been affected,... Read more »

Could Bitcoin be positioned to thrive amid global bearish signals for the US economy?

The global sentiment of the macro-economic landscape is muted following the news of a technical recession and a 75bp rate hike by the U.S. Federal Reserve. However, the crypto markets look more... Read more »

Inflation punishes the prudent while Bitcoin gives future hope — Jordan Peterson

The ability to save up is an essential tool for self-regulation and planning for the future, but when inflation becomes uncontrollable, those who put in their efforts to delay gratification get punished... Read more »

Brazil Might Approve Its Cryptocurrency Law This Week

This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill... Read more »

Polygon’s MATIC Has Lost a Vital Support Level

Key Takeaways Around 1.4 billion MATIC tokens were transferred from Polygon’s vesting contract Monday. The transaction was followed by a spike in selling pressure, pushing the token below critical support.  MATIC must... Read more »

Solana NFT marketplace Magic Eden expands to Ethereum

Solana’s (SOL) leading NFT marketplace Magic Eden has announced that it will now support Ethereum (ETH) NFTs on its platform, according to a press release shared with CryptoSlate. The platform stated that... Read more »