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Bought the Dip: 3rd Largest Bitcoin Whale Purchased $13M Worth of Bitcoin at $40.5K

The latest price dump from bitcoin to around $40,000 has enabled the third-largest BTC whale to accumulate more portions of the asset at a discount. In a “buy the dip”…

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SEC Could Approve a Bitcoin Futures ETF by October, Says Bloomberg Strategist

The US Securities and Exchange Commission could greenlight a Bitcoin futures ETF as early as October this year, said Bloomberg’s Senior Commodity Strategist – Mike McGlone. He also doubled down…

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SEC Chair Gensler: Stablecoins Are Poker Chips at the Casino Gaming Tables

David Ignatius of the Washington Post interviewed SEC chair, Gary Gensler, on the cryptocurrency landscape, his thoughts on his approach to regulating the crypto space. Gensler expresses optimism for the…

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Jim Cramer Urges for Caution in The Cryptocurrency Market Amid Evergrande Saga

CNBC’s Jim Cramer opined that the Evergrande debt crisis in China could keep causing severe disruption in financial fields, including the cryptocurrency market. He also advised people sitting on unrealized…

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Major Brazilian Bank BTG Pactual to Offer Investment Options in Bitcoin and Ethereum

The major Brazilian bank – BTG Pactual – will enable its customers to trade digital assets directly through a new platform called Mynt. The offering will be available from the…

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Bitcoin Dipped to $40K Amid Global Stocks Pullback (Market Watch)

Amid the growing uncertainty within the global financial markets, bitcoin slumped by several thousand dollars in a day to just over $40,000. The alternative coins suffered even more with massive…

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Steve Hanke Says BTC’s Fundamental Value is Zero, But Is It?

The prominent economist – Steve Hanke – once again revealed his negative stance on bitcoin. According to him, the primary cryptocurrency is highly volatile, uncertain, and has a “fundamental value…

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The Evergrande Debt Crisis in China and What It Could Mean for Bitcoin

The financial world is watching Evergrande and what’s going on in China closely, as this has been undoubtedly the headliner for the past couple of weeks. Today, global markets tumbled…

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Bitcoin Plunges on Global Stocks Crash, Where is The Next Critical Support? (BTC Price Analysis)

After a week of global stocks selling off and BTC managing to hold quite well, the pressure continues as SPX futures dropped sharply as fear and uncertainty regarding Evergrande’s $300B…

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