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Breaking victim 'trust' in scammer is key to beat crypto scams, exchanges say

Responsibility for crypto scams does not only belong to the cryptocurrency industry, it also involves banks, telecoms and social media platforms, Australian exchanges say.

China’s Baidu and other tech companies release ChatGPT-like AI chatbots

Multiple Chinese tech companies launched their own ChatGPT-like AI chatbots for mass market use two weeks after China’s AI regulations came into force, which requires prior government approval.

Arkham IDs Robinhood as 5th-largest ETH holder

Arkham Intelligence said the wallet contains approximately $2.54 billion worth of ETH under custody for user balances.

Arkham IDs Robinhood as 5th-largest ETH holder

Arkham Intelligence said the wallet contains approximately $2.54 billion worth of ETH under custody for user balances.

Bitcoin price holds 200-day trend line as trader predicts low is in

BTC price action is all about the 200-day moving average into the monthly close, and opinions on the outlook are increasingly polarized.

Cambridge Bitcoin Electricity Consumption Index updated to reflect hardware distribution and hashrate increases

Cambridge researchers revise the widely-cited index in response to evidence indicating periodic overestimation of Bitcoin mining’s electricity consumption.

Crypto may see second wind in the US as courts 'rein in the SEC' — Lawyer

Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country's securities regulator racks up court losses.

Can PEPE make a comeback? Traders, analysts and Pepe maxis weigh in

The biggest new memecoin of 2023, Pepe (PEPE) suffered one of the worst possible fates that can befall a new crypto asset; a partial rug pull — after its anonymous developers abruptly sold nearly $16 million worth of the token on Aug. 24. 

The official Pepe X (formerly known as Twitter) account explained the drop was due to “three ex-team members” going behind their back and selling the tokens without their knowledge — a move that saw the price of Pepe plummet as much as 26% in the days following, without much respite

In the wake, crypto investors and memecoin enthusiasts are still scratching their heads — pondering if the frog-themed token could ever hope to return to pre-rug prices. 

Speaking to Cointelegraph, crypto trader Reetika Trades saw some potential positivity for PEPE, despite admitting the manner in which the devs sold wasn’t ideal. She believes that the event will ultimately have “negligible effects” on the token’s outlook in the long run.

“It’s a memecoin with no promise of utility, so some devs leaving makes no difference to the token,” she said.

Vivek Ramaswamy: Grayscale win ‘clears a path’ for Bitcoin innovation

The Republican candidate also pledged to rescind all federal regulations that fail the Supreme Court’s major questions doctrine test in the West Virginia vs. EPA case — a potentially positive for crypto.

Vivek Ramaswamy: Grayscale win ‘clears a path’ for Bitcoin innovation

The Republican candidate also pledged to rescind all federal regulations that fail the Supreme Court’s major questions doctrine test in the West Virginia vs. EPA case — a potentially positive for crypto.

Uniswap lawsuit judge calls Ether a commodity in dismissal order

United States District Court Judge Katherine Polk Failla is also the judge overseeing the SEC's lawsuit against crypto exchange Coinbase.

Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC.

Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC.

No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto

Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise.

Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale's victory over the SEC.

Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin (BTC) led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States Securities and Exchange Commission. However, the rally could not be sustained as analysts cautioned that the victory did not guarantee the approval of a spot Bitcoin exchange-traded fund.

Still, the victory may prove to be bullish for Grayscale. Glassnode analysts said in a X (formerly Twitter) post on Aug. 30 that the Grayscale Bitcoin Trust (GBTC) could return to premium next year. It is important to note that GBTC has been trading at a discount to spot Bitcoin price for the past two-and-a-half years.

Daily cryptocurrency market performance. Source: Coin360

In the short term, even though the S&P 500 Index is on a path of recovery and the U.S. dollar index (DXY) has turned down in the near term, the crypto markets are not able to sustain the higher levels. This shows that traders have maintained their focus on crypto-specific news.

Could bulls defend the support levels in Bitcoin and altcoins? Will that lead to a stronger recovery soon? Let’s study the charts of the top-10 cryptocurrencies to find out.

Bitcoin price analysis

Bitcoin’s range resolved to the upside with a sharp breakout on Aug. 29. This move indicates that the price is likely to oscillate inside the large range between $24,800 and $31,000 for a few days.

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Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale's victory over the SEC.

MiCA: The good, the bad and the ugly of the EU’s crypto rules

The European Union’s Markets in Crypto-Assets regulatory framework isn’t all good, but it provides a level of clarity foreign to the United States.

Judge says Sam Bankman-Fried's lawyers have until Sept. 1 to request a trial postponement: Report

Though the judge reportedly said he would not necessarily grant a postponement, SBF's lawyers have been pushing for the former FTX CEO to have more time to prepare his defense.

Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter

Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released.

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