Analyst says strong DXY no good for Bitcoin price, urges leverage traders to be ‘careful’
Crypto analyst Jamie Coutts cautioned traders to “be careful” when margin trading Bitcoin, given the growing strength of the US dollar.
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Protocol Labs, Chainalysis and Bittrex add to crypto layoff season
Crypto execs suggested that the "extremely challenging" times forced them to cut jobs in order to “weather this extended" crypto winter. 213 Total views 4 Total shares Own this piece of history Collect this article as an NFTSeveral crypto firms have made job cuts this week amid the ongoing crypto winter, retaining “impactful” employees as…

UK Newspaper The Independent Covers Bitcoin’s Mid-Pandemic Bull Run
The Independent covered the bull run for its 24 million subscribers. Cryptocurrency has hit the headlines in the U.K., with The Independent reporting on Bitcoin’s recent yearly highs above $12,000.An Aug. 18 report shows the major news publication, which has more than 24 million subscribers, covering the mid-pandemic bull run in the cryptocurrency markets.“The latest…

Commonwealth Bank to enable crypto trading for 6.5M Aussies, ‘other banks will follow’
The CBA stated that it will support 10 crypto assets in its banking app, including Bitcoin, Ethereum, Bitcoin Cash and Litecoin. 607 Total views 14 Total shares The Commonwealth Bank of Australia (CBA) is set to launch crypto trading services for the 6.5 million users of its CommBank app. The CBA will become the first…

Avalanche integrates with Stripe for fiat-to-crypto onboarding
Avalanche C-Chain users can now buy AVAX directly within Web3 apps, using a widget supplied by Stripe.

What Chainlink’s Plasm Integration Means for Its Future as a Parachain
Chainlink’s integration domination continues. Plasm, a smart contract protocol built on Polkadot’s Substrate framework, has integrated Chainlink’s (LINK) price feeds. Interestingly, the oracle project itself will likely soon become a Polkadot parachain.Polkadot has a modular design wherein various parachains serve particular use cases. Its mainnet does not have smart contracts, but Plasm hopes to fill…

US gov is Bitcoin’s last remaining adversary, says Messari founder
Ryan Selkis, co-founder of data and research company Messari, recently released his 2021 crypto sector thesis, examining the state of the industry as well as forecasting what lies ahead. Selkis explains in this report that the U.S. government is one remaining adversary he feels BTC must win over. “The ‘final boss’ to beat is the state,”…

Bitfinex, Tether Spent $500,000, Hired 60 Lawyers for Documents Order
Lawyers for Bitfinex, Tether and parent firm iFinex Inc. have said the respondents have already spent over $500,000 responding to document requests for their ongoing legal battle.The lawyers’ letter — submitted to Justice Joel M. Cohen on July 30 and shared by Altana Digital Currency Fund CIO Alistair Milne via Twitter on the same date…

Bitcoin got stronger despite government crackdowns, says Edward Snowden
The famous whistle-blower referenced his statement about Bitcoin from March 2020 during the events of “Black Thursday.” 423 Total views 4 Total shares Edward Snowden has touted the antifragility of Bitcoin (BTC) despite increasing regulatory scrutiny on cryptocurrencies around the world.Tweeting on Sunday, the former Central Intelligence Agency (CIA) agent stated that Bitcoin has gotten…