Bitcoin price drops to a two-month low — Did pro traders benefit?

The price of Bitcoin fell by 11.5% from Aug. 16 to Aug. 18, resulting in $900 million worth of long positions being liquidated and causing the price to hit a two-month low. Before... Read more »

Bitcoin, Ether price slump leads to crypto bloodbath with $1B in liquidations

The Bitcoin (BTC) and Ether (ETH) price slump on Aug .18 saw the top two cryptocurrencies fall to a 2-month low and triggered a series of liquidations for thousands of derivative traders.... Read more »

Mastercard forges blockchain alliances to power future of CBDCs

Mastercard is partnering with Ripple, Consensys, and other blockchain companies on a central bank digital currency program. On Aug. 17, the payments giant announced its CBDC Partner Program, including other inaugural partners... Read more »

SpaceX saw valuation of Bitcoin holdings fall by $373M over two years: WSJ

SpaceX’s Bitcoin (BTC) holdings have declined over a two-year period, according to a report from the Wall Street Journal on Aug. 17. According to WSJ, SpaceX wrote down its Bitcoin holdings by $373... Read more »

Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears

On August 16, Bitcoin (BTC) closed below $29,000 for the first time in 56 days. Analysts quickly pointed to this week’s FOMC minutes, which expressed concerns about inflation and the need to... Read more »

Shibarium launch falters, $2.5M locked in bridged funds wiping $500M from SHIB market cap

Shiba Inu’s highly anticipated layer2 network Shibarium mainnet launch started to a rocky start with the network recording stuck transactions and funds. Blockchain security firm Beosin disclosed that about $1.7 million worth... Read more »

Bitcoin bulls risk trading range loss as BTC price nears 2-month lows

Bitcoin (BTC) targeted two-month lows on Aug. 17 as United States inflation returned to spook cryptocurrencymarkets. BTC/USD 1-hour chart. Source: TradingView BTC price teases exit from months-long corridor Data from Cointelegraph Markets... Read more »

El Salvador’s Bitcoiners teach 12-year-olds how to send sats

El Salvadorian school kids as young as 12 years old are being orange-pilled — taught to send their first Bitcoin (BTC) transaction by visiting members of El Salvador’s Bitcoin Beach. Bitcoin Beach... Read more »

Former SEC official comments on Binance.US’ request for protection

Binance.US’s parent company’s request for a protective order on Aug. 14 to prevent securities regulators from making excessive demands may be on shaky grounds, according to one former official. In its original... Read more »

Pro-Bitcoin Javier Milei wins most votes in Argentina primary election

An Argentinian politician with a knack for supporting Bitcoin and calling for the abolishment of his country’s central bank has taken the lead in the country’s presidential primary elections. With over 90%... Read more »