Bitcoin price dips to new 1-month low after $57K US jobs data 'fakeout'
Bitcoin fools traders up and down as BTC price volatility accompanies the week’s final US employment data release.
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Singapore’s largest bank DBS sets up crypto exchange platform
Singapore’s stock exchange SGX will also have a stake in the platform. After anticipating its plans in October, DBS, Singapore’s largest bank, is establishing a new cryptocurrency exchange division called DBS Digital Exchange.Announced on Thursday, the venture is also backed by SGX, Singapore’s largest derivatives and asset exchange, which owns a 10% stake in the…

Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protective order
Prosecutors and defense lawyers agreed to a bail modification having the former Celsius CEO under electronic monitoring and largely restricted from moving funds over $10,000. 301 Total views 13 Total shares A federal judge has approved a joint request from lawyers for Alex Mashinsky and the United States Department of Justice modifying the former Celsius…

Digital asset exchange Blocktrade concludes $25M investment round
The company underwent a successful securities offering earlier this year, receiving support from over 6,000 European investors. 317 Total views 7 Total shares Luxembourg-based Blocktrade has become the latest cryptocurrency exchange to receive major backing from venture capitalists, offering further evidence that digital asset startups are becoming a prime target for investment funds. Private investors across…

BTC price risks $62K dip as Bitcoin sellers return to exchanges
Bitcoin exchange inflows increase with little relief in sight for those eyeing a BTC price renaissance.

Coronavirus Takes Toll on Bitcoin Halving, but Pandemic Won’t Steal the Show
Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets triggered once every 210,000 blocks mined — or roughly every four years — providing all the interested parties with ample notice and time to…

Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. HashKey Hong Kong to commence retail trading Crypto exchange HashKey, the first licensed virtual asset provider in Hong Kong, will open its doors to residents for retail trading on August 28. According to local news reports, investors will only be allowed…

Bitcoin puzzles traders as BTC price targets $40K despite declining volume
"Something doesn't feel right" about the latest BTC price uptick, a warning tells traders, as Bitcoin open interest passes $17 billion. Bitcoin (BTC) may have tapped $37,000 for the first time in 18 months, but traders are getting suspicious of BTC price action.BTC/USD 1-hour chart. Source: TradingViewBTC price move "doesn't feel right"After snap overnight gains

How low will Bitcoin dip? | Find out now on The Market Report w/ Michael Kong
“The Market Report” with Cointelegraph is live right now with special guest Michael Kong, CEO and chief information officer of Fantom Foundation. 4151 Total views 16 Total shares Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets. Here’s…