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Bitcoin Dropped to 7-Week Low Beneath $40K Before Recovering (Market Watch)

Bitcoin’s price continued to suffer in the past 24 hours as the asset dumped below $40,000 for the first time since early August. Most altcoins also followed, with ETH standing…

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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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Solana’s 17-Hour Outage Was Sad And Frustrating, Says FTX’s Sam Bankman-Fried

Sam Bankman-Fried – CEO of the cryptocurrency exchange FTX – opined that the 17-hour network outage which Solana (SOL) experienced last week was due to its rapid growth. He also…

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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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Solana Price Analysis: SOL Trades Inside Price Channel Following Near 19% 7-Day Drop

SOL/USD – SOL Heading Lower Inside Descending Price Channel. Key Support Levels: $130, $123, $121. Key Resistance Levels: $150, $160, $180. SOL is down a sharp 18.5% this week as…

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