Bybit processes all withdrawals, system returns to ‘normal pace’ — Ben Zhou
Bybit CEO Ben Zhou said that withdrawals have returned to a “normal pace” after the major exploit that drained $1.5 billion from the exchange.
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Canada’s Purpose Bitcoin ETF may be cutting into Grayscale’s market share
Following the launch of Canada’s first Bitcoin ETF, shares in Grayscale’s Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC for the first time. 5268 Total views 23 Total shares For the first time, shares in Grayscale’s Bitcoin Trust traded at a discount compared to spot BTC for an…
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Crypto market rally stalls at the $1.2T level, but bulls are getting positioned
After gaining 11% between March 16 and March 18, the total crypto market capitalization has been battling resistance at the $1.2 trillion level. This same level was reached on August 14, 2022 and was followed by a 19.7% decline to $960 billion over the next two weeks. During the lateralization period between March 20 and…
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Nomad exploit wallet address transfers $1.5M to Tornado Cash
The wallet address related to the $190 million hack transferred more than 1200 Ether to the sanctioned cryptocurrency mixer Tornado Cash. 163 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAn address related to the $190-million Nomad exploit has moved $1.57 million in Ether (ETH) to the sanctioned crypto…
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A ‘token’ gift: The US SEC giveth and taketh away
On Dec. 23, 2020, the SEC published a statement proposing a framework for broker-dealers to custody digital asset securities in a manner consistent with Rule 15c3-3 under the Securities Exchange Act of 1934. Among other things, the statement, which will expire after a period of five years from publication, provides that a broker-dealer may custody…
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Bitcoin chart signals possible ‘extremely’ quick move to $68K — Traders
Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above for 20 days.
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Research Suggests Tether Sentiment Could Provide Chance for Manipulation
New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities. It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog post published Aug. 22.Sentiment correlation with market capAugmento notes that Tether sentiment does not appear normal.…
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Bitcoin faced selling near $64,000, but buyers have managed to keep the price above the short-term holder realized price near $62,000, which is a positive sign.
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 24
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. On August 22, the U.S. Securities and Exchange…