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Home2023August

Month: August 2023

Bitcoin funds see weekly outflows of $111M, most since March: CoinShares
Ethereum

Bitcoin funds see weekly outflows of $111M, most since March: CoinShares

August 7, 2023 admin

Weekly cryptocurrency asset flows for the week ending Aug. 4 reconciled at $107 million in outflows, continuing a three-week negative trend totaling $134.8 million. Once again, the lion’s share of movement was attributed to Bitcoin […]

Blockchain

UAE signs deal to develop carbon credit system on Venom Foundation blockchain

August 7, 2023 admin

The United Arab Emirates Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with the Industrial Innovation Group and the Venom Foundation. Blockchain technology is utilized by […]

PayPal's (PYPL) Stablecoin Debut, Worldcoin's Kenyan Hurdles, and More
Cryptocurrency

PayPal’s (PYPL) Stablecoin Debut, Worldcoin’s Kenyan Hurdles, and More

August 7, 2023 admin

In today’s crypto news roundup, we delve into a series of significant events that have shaped the digital currency landscape. From PayPal’s groundbreaking entry into the stablecoin market to regulatory challenges faced by Worldcoin in […]

China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express – Cointelegraph Magazine
Altcoin

China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express – Cointelegraph Magazine

August 7, 2023 admin

Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu province, identified as […]

FTX has a plan, but creditors are not impressed: Law Decoded
Regulation

FTX has a plan, but creditors are not impressed: Law Decoded

August 7, 2023 admin

FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it to become operational as an offshore entity. However, a body representing […]

PayPal launches a US Dollar stablecoin on the Ethereum blockchain
Technology

PayPal launches a US Dollar stablecoin on the Ethereum blockchain

August 7, 2023 admin

Key takeaways PayPal joins the stablecoin train Silicon Valley-based payments firm PayPal announced on Monday, August 7th, that it had launched a US Dollar stablecoin. In a press release earlier today, PayPal said the stablecoin was […]

Elon Musk Dispels X Token Rumors Following TwitterDAO Pump and Dump
Business

Elon Musk Rules Out X Crypto Token Launch

August 7, 2023 admin

Elon Musk has ruled out an X/Twitter crypto token and insisted he has no intention of launching one. The comments came after the TwitterDAO coin pumped and then quickly dumped on Saturday. Twitter has never […]

Bitcoin drops $28.8k amid huge crypto record huge outflows
Market Analysis

Bitcoin drops $28.8k amid huge crypto record huge outflows

August 7, 2023 admin

Bitcoin price fell to $28,800 across major exchanges as Ethereum hit lows near $1,800. Equities also showed signs of uncertainty with mixed trading recorded. Crypto investment products saw outflows totaling $107 million, the primary focus […]

Elon Musk's Favorite Crypto Will be on X, Even if There Will be no X Coin
Doge

Elon Musk’s Favorite Crypto Will be on X, Even if There Will be no X Coin

August 7, 2023 admin

Responding to a Dogecoin influencer warning about scam coins, Elon Musk said Friday that X will never launch a token. And we never will — Elon Musk (@elonmusk) August 5, 2023 While that may be […]

Supply Last Active 5 Years Ago Now at 30%
Bitcoin

Supply Last Active 5 Years Ago Now at 30%

August 7, 2023 admin

The cryptocurrency data intelligence provider Glassnode estimated that approximately 29.14% of bitcoin’s circulating supply was last active five or more years ago.  The total amount of the primary digital asset mined until now equals around […]

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  • Brazil’s B3 Readies Tokenized Stock Trading Platform for Early 2027
    October 10, 2026
  • Pi Network dips 1% as falling Open Interest leaves $0.0801 support at risk
    October 10, 2026
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    October 10, 2026
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