Market makers sold over $300M Ether as ETH price crashed below $2,200

Coinbase will transition to a permanent “remote-first” future after the quarantine is over. 1160 Total views 47 Total shares U.S. crypto exchange Coinbase has announced it will transition to a “remote-first” workplace after the pandemic lockdown is over in an effort to guard against location-centric risks and to improve decentralization.In an open letter to all…

A week after Google updated its privacy policy to allow data scraping for AI training purposes the company is now facing a class action lawsuit. Google is now facing a lawsuit in the follow-up to its recent privacy policy update that accuses the tech giant of misusing large amounts of data, including copyrighted material in…

One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.  

A serious watershed is on the horizon for BTC price, as Bitcoin shorters show signs of betting on a short-term trend turnaround. Bitcoin (BTC) denied the market fresh volatility at the June 23 Wall Street open as traders attempted to guess its next targets.BTC/USD 1-hour chart. Source: TradingViewBitcoin lacks "strong confirmation" of new upsideData from…

Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin (BTC) in the United States — managed to return to profitability in the second quarter amid a surge in the price of Bitcoin.In a Q2 earnings results filing posted on Aug. 1, MicroStrategy reported $22.2 million in net income, a massive swing…

Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity and a German government sell-off, according to a CoinShares report.

Top Stories This WeekCEO of Defunct Mt. Gox Exchanges Faces 10 Year Jail Sentence Over EmbezzlementMark Karpeles, the former CEO of now-defunct Japanese Bitcoin exchange Mt. Gox, could be facing a 10-year jail sentence over charges of embezzlement. Karpeles, who headed the exchange during the major hack in 2014 that resulted in the loss of…

The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice. 344 Total views 2 Total shares Stablecoin TruedUSD (TUSD) slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through its technology partner Prime Trust. The fifth-largest stablecoin by…

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.Bitcoin (BTC) has proven to be in high demand among…