WorldPing
WorldPingCoinDesk
The 'crack' in the energy market is wider than ever. Bitcoin might feel it.
The 'crack' in the energy market is wider than ever. Bitcoin might feel it. — full report at CoinDesk.
Brief by WorldPing · Original reporting by CoinDesk
CryptoSlate
Bitcoin faces its highest Treasury hurdle since 2007 with $22.5B less crypto credit to unwind
WorldPingThe US 30-year Treasury yield crossed 5.3% on Aug. 17 for the first time since June 2007, the same day Galaxy published a report showing crypto-collateralized lending down more than $22 billion from its peak. Bitcoin hit an intraday high of $64,610.
This is a short WorldPing brief. The full report was published by CryptoSlate.
Read the full report at CryptoSlateRelated news
WorldPing
WorldPingThe Block
‘The Crypto Program’ promoter deported from Fiji over alleged $165 million Ponzi scheme
Fiji deported Edward Zimbardi to the U.S. to face charges over an alleged $165 million crypto Ponzi scheme involving thousands of investors.
Brief by WorldPing · Original reporting by The Block
WorldPingCoinDesk
Bitcoin pauses at $64,000 as rising yields, oil drag equities lower
BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin.com
Dutch Prosecutors Raise $2.55M From Crypto Tied to Bankrupt Knaken
A court-appointed trustee warns that the 6,300 customers of the bankrupt Dutch crypto platform Knaken face severe financial losses, as prosecutors have recovered only $2.55 million after selling seized cryptocurrency.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingCoinDesk
Bitcoin scores a rare win over S&P 500 with 2.6% rise versus 0.5% fall
BTC outperformed Wall Street on Monday, breaking its recent pattern of lagging behind U.S. stocks.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingCointelegraph
Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis
Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.
Brief by WorldPing · Original reporting by Cointelegraph