Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit
Long liquidations and profit-taking from long-term Bitcoin holders are the primary factors in today’s sell-off. When will the dip buyers show up?
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Report: Around 300 Addresses Contain 80% of Tether Supply
The Massachusetts-based crypto market research firm Coin Metrics says that 318 addresses hold at least $1 million worth of Tether (USDT), comprising 80% of the global Tether supply.Bloomberg reported the company’s finding in a report on Aug. 7. Coin Metrics co-founder Nic Carter additionally mentioned that some of the USDT whales include major crypto exchanges,…

Chainlink lands on Bitcoin sidechain RSK with new integration
Developers on RSK no longer need to create their own oracle to build their DApps. 1247 Total views 23 Total shares Bitcoin (BTC) sidechain RSK will soon be equipped with Chainlink (LINK) oracles, enabling developers on the smart contract-enabled blockchain to tap into market price feeds and other off-chain data to build their applications.The integration…

Programmer has two password guesses left before losing $266M in Bitcoin
A German-born programmer in San Francisco has now used up eight of 10 password attempts he has to unlock the hard drive containing the private keys to his Bitcoin wallet, which contains 7,002 Bitcoin (BTC). As of press time, those holdings would be worth $268 million — that is, if only they were accessible.As a…

Celsius Network reaches settlements to exit bankruptcy
Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings. 324 Total views 20 Total shares Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy proceedings, according to court filings on July…

SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21
SVB collapse chilled NFT trading volumes: DappRadarThe recent collapse of the Silicon Valley Bank (SVB) resulted in dwindling numbers for NFT trading volumes, with traders holding on to their assets amid the banking crisis in the United States.Before the crisis, NFT trading volumes were around $68 million to $74 million. After SVB collapsed on March…

XRP rally to $3 holds, overtaking Bitcoin searches on Google Trends
XRP spot traders provided the volumes needed to send the altcoin above $3. Is a new all-time high the next stop?

Digital assets should be valued as ‘proper property’ — Sandbox co-founder
Around 5 billion people are online and digitally-bound assets should get the same treatment as any other type of property, says Sandbox co-founder Sebastien Borget. 417 Total views 32 Total shares Digital assets such as cryptocurrencies and nonfungible tokens (NFTs) should be recognized as legitimate property, especially as more of the world’s population goes digital,…

Crypto is going public: Timing is key as Bakkt secures NYSE listing
Digital assets marketplace Bakkt is set to go public on the New York Stock Exchange in 2021, which could pave the way for more cryptocurrency service providers to follow suit. The Intercontinental Exchange announced on Jan. 11 that its cryptocurrency marketplace Bakkt would soon be listed on the NYSE public stock market. This will be…