Author: Chris Smith
Market Update August 21
Reading Time: < 1 minuteThe cryptocurrency market experienced a slight downturn in the past 24 hours, with Bitcoin and Ethereum both recording declines.
Mt. Gox Moves $700M in Bitcoin to New Wallets
Reading Time: < 1 minuteEarly Wednesday, an address linked to defunct exchange Mt. Gox moved 13,265 BTC, worth $784 million.
Spot Bitcoin ETFs Post Inflow of $88M
Reading Time: < 1 minuteUnited States spot Bitcoin exchange-traded funds (ETFs) have continued to attract positive inflows, with eight out of the past ten trading days showing net inflows.
Market Update August 20
Reading Time: < 1 minuteThe cryptocurrency market experienced a surge today, with Bitcoin leading the charge. The world’s largest cryptocurrency gained a solid 3.85%, closing in on the $61,000 mark at $60,845.50.
Nigeria Proposes a New Law to Tax Cryptocurrencies
Reading Time: < 1 minuteNigeria’s Federal Inland Revenue Service (FIRS) is set to introduce a tax on the crypto industry. The tax bill is expected to be presented to parliament for approval by September.
Tether Expands USDT to Aptos Network
Reading Time: < 1 minuteTether has announced the expansion of its USDT stablecoin to the Aptos blockchain. This move adds to USDT’s existing presence on networks like Ethereum, Tron, Avalanche, Celo, and Solana.
Market Update August 19
Reading Time: < 1 minuteThe world of cryptocurrency has been buzzing with activity over the past 24 hours, with major coins like Bitcoin and Ether experiencing interesting price movements.
BlackRock’s ETFs Surpass Grayscale’s
Reading Time: < 1 minuteBlackRock’s digital asset exchange-traded funds have overtaken those offered by leading competitor Grayscale in terms of total assets under management.
Market Update August 16
Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen a mixed movement in prices. Most major cryptocurrencies have shown a slight increase in value, while others have experienced a small decline.
Donald Trump Reportedly Holds $1 Million in Ether
Reading Time: < 1 minuteAccording to election disclosures, Donald Trump owns between $1 million and $5 million worth of Ether (ETH) and earns significant income from licensing fees for non-fungible tokens (NFTs).
Dubai Court Says Crypto Salary Payments Are Valid
Reading Time: < 1 minuteThe Dubai Court of First Instance has ruled that salary payments in crypto are valid under employment contracts.
Market Update August 15
Reading Time: < 1 minuteThe cryptocurrency market has experienced a slight dip in prices over the past 24 hours.
Spot Bitcoin ETFs Post $81M in Outflows
Reading Time: < 1 minute$81.36 million left US spot Bitcoin exchange-traded funds on Wednesday, ending their two-day streak of positive inflows.
Market Update August 14
Reading Time: < 1 minuteOver the past day, the cryptocurrency market has seen some interesting price movements. Bitcoin has experienced a 3.41% increase in its price, reaching $60,945.54.
Hong Kong Court Orders Disclosure of Financial Details of Mantra Chain Operation
Reading Time: < 1 minuteThe Hong Kong High Court has recently mandated the release of financial information relating to the dispute between Mantra DAO, Inc. and RioDeFi Inc. and four former RioDeFi employees.
Market Update August 13
Reading Time: < 1 minuteBitcoin has increased by 0.85% to reach a price of $58,948.30. This comes after a period of volatility.
Marathon Digital to Purchase Additional Bitcoins
Reading Time: < 1 minuteMarathon Digital Holdings plans to privately offer $250 million worth of convertible senior notes to qualified institutional buyers.
SEC Files a Lawsuit Against $650M Crypto Fraud Promoters
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has taken legal action against NovaTech, a cryptocurrency company, and its married co-founders, Cynthia and Eddy Petion.
Gemini Asks US Regulators to Not Ban Event Contracts
Reading Time: < 1 minuteGemini is urging US regulators to withdraw a proposed regulation that would ban all event contracts on decentralized prediction markets.
Celsius Files a Lawsuit Against Tether
Reading Time: < 1 minuteCelsius has taken legal action against Tether for alleged misappropriation of assets.
Thailand Rolls Out a Regulatory Sandbox for Crypto Projects
Reading Time: < 1 minuteThailand’s Securities and Exchange Commission (SEC) is initiating a new initiative to test the implementation of cryptocurrency services through a dedicated regulatory sandbox.
US Regulators Put Off Decision on Hashdex Nasdaq Crypto Index ETF
Reading Time: < 1 minuteAccording to a regulatory filing on August 9, United States regulators have requested additional time to decide whether or not to allow the Hashdex Nasdaq Crypto Index ETF to be listed on Nasdaq’s electronic securities exchange.
Singapore’s Regulator Grants a Payment License to BitGo
Reading Time: < 1 minuteCryptocurrency custody firm BitGo is expanding its global presence by obtaining regulatory approval in Singapore, known as one of the world’s most crypto-friendly countries.
Franklin Templeton Rolls Out its Money Fund on Arbitrum Blockchain
Reading Time: < 1 minuteFranklin Templeton has today announced the launch of its tokenized money fund on the Arbitrum network, as part of its efforts to bridge the gap between traditional and decentralized finance.
IMF to Help El Salvador Reduce Bitcoin-related Risks
Reading Time: < 1 minuteThe IMF has issued a statement following their recent visit to El Salvador, focused on supporting the country’s medium-term growth and addressing risks associated with Bitcoin.



















