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Bitcoin(BTC) Price Analysis: These May be the Price Targets for the Weekend
Bitcoin Bitcoin(BTC) pierce at the press time is trading around $23,088.04 with a drop of 1.82% in the past 24 hours. While the asset has recorded marginal gains in the past 7 days of 0.24% and surged more than 17.93% in the past 30 days. The market cap is also heading strongly towards $450 billion, currently residing at $441.25 billion with a daily trading volume of $24.36 billion. Bitcoin (BTC) Price Analysis BTC price ever since dropped hard during the mid-June rebounded and trading within ascending parallel channel The asset experienced a couple of rejections, in attempting to breakout form […]
Kraken Daily Market Report for August 03 2022
Overview Daily spot trading volume: $548.2 million, 30 day average spot: $579.9 million. Total futures notional: $115.5 million. The top five traded coins were, respectively, Tether (↑0.02%), Bitcoin (↓0.7%), Ethereum (↓0.8%), USD Coin (↓0.01%), Solana (↓3.0%). Strong returns from Rubic (↑30%), Perpetual Protocol (↑16%), and pSTAKE (↑15%). August 03, 2022 $548.2M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD USDT $1.00 ↑0.02% $156.5M BTC $22827.90 ↓0.7% $146.3M ETH $1618.99 ↓0.8% $107.0M USDC $1.00 ↓0.01% $38.7M SOL $38.55 ↓3.0% $35.8M…
Bitcoin, Ethereum Could Become Commodities Under New CFTC Bill
Cryptocurrency Key Takeaways A bipartisan group of senators on the Senate Agriculture Committee has put forward a new bill for identifying and classifying “digital commodities” that would place them under the jurisdiction of the Commodities Futures Trading Commission. The bill contains language that allows for some assets to be considered “digital securities,” but it explicitly classifies Bitcoin and Ethereum as commodities. Lawmakers and industry insiders alike have tended to favor CFTC purview over cryptocurrencies, with many startled by SEC chair Gary Gensler’s more aggressive stance toward the space. The bill from the Senate Agriculture Committee would place much of the […]
Kraken Daily Market Report for August 02 2022
Overview Daily spot trading volume: $570.3 million, 30 day average spot: $578.0 million. Total futures notional: $108.6 million. The top five traded coins were, respectively, Tether (↓0.02%), Ethereum (↑0.06%), Bitcoin (↓1.2%), USD Coin (↑0.0%), Solana (↓4.5%). Strong returns from Covalent (↑33%), Rubic (↑17%), and Altair (↑16%). August 02, 2022 $570.3M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD USDT $1.00 ↓0.02% $174.1M ETH $1631.85 ↑0.06% $140.8M BTC $22994.00 ↓1.2% $131.7M USDC $1.00 ↑0.0% $30.0M SOL $39.79 ↓4.5% $10.1M…
British engineer who threw away a hard drive holding 7,500 Bitcoin has a new idea on how to recover it from a landfill
Cryptocurrency In context: For years, a British computer engineer who essentially threw away the key to his cryptocurrency vault has been trying to excavate the device on which it is stored from a local landfill. This year, he came up with the boldest project yet, but the chances of it getting approved by authorities are slim to none. Back in 2013, James Howells’s life changed when he threw out a hard drive that may just be the most valuable in the world. Before doing so, Howells had two 2.5-inch hard drives stored in a drawer, one of which he intended […]
Mississippi Woman Jailed for 10 Years After Paying for Murder in Bitcoin
The US Department of Justice sentenced the 40-year-old resident of Pelahatchie, Mississippi – Jessica Sledge – to the statutory maximum of 10 years in Federal Prison. In 2021, the woman hired a “hitman” and paid him $10,000 worth of bitcoin to murder her husband. Additionally, the authorities jailed the citizens of Orange County – Jeremy McAlpine and Zachary Matar – for luring over 2,000 investors into a fraudulent crypto scheme. The former will spend 36 months behind bars, while the latter – 30 months. Justice Served In September 2021, American law enforcement agents received information that Jessica Sledge had hired […]
