$6B scam accused in court, China loophole for Hong Kong Bitcoin ETFs: Asia Express
There’s only one way left for Chinese nationals to access the Hong Kong Bitcoin ETFs, $6B scam accused in court, and more: Asia Express.
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3 ways traders use moving averages to read market momentum
The first step to successful trading is the identification of medium and the short-term trends. Traders who remain on the right side of the trend and use risk management principles usually end up earning profits. An equally important activity in the trading process is calculating the entry.Many times, traders are afraid to pull the trigger…

Max Keiser: New Bitcoin Network Hash Rate High Suggests Price Is Next
The Bitcoin (BTC) hash rate has broken yet another new all-time high, according to Aug. 19 data from monitoring resource Blockchain.com.The top coin’s hash rate has continued to break previous records throughout summer, today hitting an whopping 82.5 TH/s.Bitcoin network hash rate, 1-year chart. Source: blockchain.comNetwork FundamentalsThe hash rate of a cryptocurrency — sometimes referred…

Community reacts after SEC’s Gensler affirms BTC’s commodity status
Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity. 130 Total views 1 Total shares Securities and Exchange Commission Chairman Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions…

Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact.

eBay acquires KnownOrigin, expanding its foray into NFTs and blockchain
The company enables artists and collectors to create, purchase and resell NFTs via blockchain-enabled transactions. 187 Total views 3 Total shares eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles.According to a press…

ZCash surges 7% after Digital Currency Group CEO announces $85M purchase
The price of ZEC surged to $243.84 following Silbert’s announcement but has still fallen more than 20% since reaching a six-month high of more than $300 on Thursday. 310 Total views 30 Total shares Digital Currency Group CEO and founder Barry Silbert has purchased more ZCash to add to his company’s coffers as the price…

Institutions remain bullish on Cardano and Ether while BTC outflows persist
Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. 928 Total views 8 Total shares Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin.In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional…

Bitcoin flips 'macro bullish' amid first Hash Ribbon buy signal in 8 months
Bitcoin bull cues are surfacing as Hash Ribbon data says "buy" for the first time since July 2024, confirming the end of the latest miner capitulation phase. Bitcoin (BTC) traders are celebrating as one of the best-known BTC price metrics finally flipped bullish again. The popular Hash Ribbon tool, created by quantitative Bitcoin and digital