Michael Saylor's MicroStrategy enters Nasdaq 100
Nasdaq has announced that Michael Saylor’s MicroStrategy will be added to the Nasdaq-100 index.
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Morgan Stanley exec says this demographic prefers Bitcoin over gold
"Millennials are buying more of the Bitcoins and the cryptocurrencies," says Ruchir Sharma.

Pavel Durov Denies He’s Selling Telegram Following TON Failure
“We are not selling Telegram – neither in part, nor in full,” Telegram CEO Pavel Durov promises. Pavel Durov, CEO of the popular encrypted messaging platform, Telegram, has denied reports that the firm is preparing to sell the company after the failure of Telegram’s blockchain project.According to an Aug. 5 report by local tech publication…

Bitcoin $5K ‘kimchi premium’ returns while gold prices surge in Korea
Bitcoin is trading at 12.5% higher in South Korea than in other markets, while gold prices climb to quarterly highs. 6608 Total views 22 Total shares Bitcoin (BTC) was trading at $5,000 higher in South Korea than in other markets on Wednesday as capital flow controls continue to enforce the “kimchi premium.” While Bitcoin was…

Nobel Prize Winning Economist Paul Krugman Expresses Skepticism About Crypto, Predicts Collapse
Nobel Prize winning economist Paul Krugman has expressed his skepticism about the value of cryptocurrencies in a New York Times Opinion piece published July 31. Krugman, who was awarded the Nobel Prize in Economic Sciences in 2008, explains his position as a “crypto skeptic” by noting the high transaction costs and an “absence of tethering”…

Ava Labs and Amazon’s partnership could “expand the pie” for blockchain
The Amazon Web Services (AWS)-Avalanche “cooperation,” as it was carefully described last week, should almost immediately make it easy for developers to establish nodes on the Avalanche blockchain, including via “one-click node deployment.” Eventually, too, it might make it simpler for everyday businesses — i.e., non-crypto-related enterprises — and even individuals to establish their own subnets…

Shares in Novogratz’s Crypto Bank Galaxy Digital Plunge 20% in Toronto Exchange Debut
Shares in Mike Novogratz’s crypto-focused merchant bank plunged 20 percent during their trading debut on a major Canadian stock exchange Wednesday, August 1, CNBC reported. After opening at $2.75 Canadian dollars ($2.11 USD) apiece for their first ever listing on Toronto’s TSX Venture Exchange, shares in Galaxy Digital LP fell 20 percent in the first…

Brazilian BTC Exchange Faces Numerous Lawsuits From Clients Unable to Access Funds
Clientele from multiple states in Brazil have filed lawsuits against bitcoin (BTC) investments firm Bitcoin Bank Group for inaccessible crypto funds, according to a report by Cointelegraph Brasil on June 18.The lawsuits are reportedly over issues with users being unable to withdraw funds from the BBG’s associated cryptocurrency exchange, Paraná-based NegocieCoins.As of press time, the…

Chainlink 'god candle' appears as LINK price soars 27% in 24 hours
LINK gained 27% in a single day after announcing the integration of an EU-based tokenized asset service, which resulted in a massive surge in user activity.