Price analysis 8/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s fall below $60,000 signals near-term weakness, but longer-term investors continue withdrawing coins from exchanges, signaling a bullish outlook.
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Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash
The collapse of FTX led to a similar exodus from centralized exchanges, as users worried they may lose access to funds during crises. 256 Total views 16 Total shares Own this piece of history Collect this article as an NFTThe collapse of Silicon Valley Bank (SVB) saw investors loading their bags with USD Coin (USDC),…

Uniswap proposal under fire for enabling Dharma to ‘take over governance’
Dharma’s Uniswap governance proposal risks giving it too much power, according to critics in the community. 1117 Total views 10 Total shares Decentralized exchange Uniswap is currently undergoing its first governance vote, which was submitted by open-source lending protocol Dharma. But a number of community members have raised concerns that if successful, the proposal will…

MicroStrategy eyes more Bitcoin with potential $2B preferred stock offering
MicroStrategy may decide not to move forward with the perpetual preferred stock offering if market conditions aren't favorable this quarter.

Pantera Capital founder faces tax probe over $850M crypto profits: Report
“I believe I acted appropriately with respect to my taxes,” Dan Morehead said in a statement, adding that he moved to Puerto Rico in 2021.

Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
The monetary authority is developing a wholesale CBDC separately and earlier; it is looking at prospective retail use cases despite the lack of an “imminent role” for the currency. 208 Total views 12 Total shares The Hong Kong Monetary Authority (HKMA) published a paper outlining the state of research on its proposed retail central bank…

Monster Energy files NFT and metaverse trademark applications
The beverage maker has filed a total of four trademarks with the United States Patent and Trademark Office. 385 Total views 15 Total shares According to recent filings with the United States Patent and Trademark Office (USPTO), Monster Energy has four pending trademark applications related to the nonfungible tokens (NFTs) and metaverse realms. The first trademark…

Dan Loeb’s hedge fund hires pro-crypto Goldman Sachs analyst
Heath Terry has said it would be "hard to see a world where blockchain technology doesn't change the way we think about asset ownership." 3462 Total views 14 Total shares A research analyst from Goldman Sachs who has previously spoken favorably about Bitcoin and blockchain technology will reportedly be joining New York-based asset management firm…

Overstock Subsidiary and Tokenization Firm tZERO Announces New Management
The blockchain-based subsidiary of retail giant Overstock, tZERO, has appointed three new managers. The company announced the new hires in a press release on July 17.According to the announcement, new appointees Brooke Navarro, Michael Mougias and Alexandra Sotiropoulos have been official managers since July 15. TZero states that these new executives are the firms head…