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Price analysis 8/19: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX

Bitcoin and altcoins sold-off sharply on Friday, leading technical traders to forecast a possible drop to new yearly lows.

SBI lost 40% of hash rate after stopping mining in Russia: Data

After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country.

Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answers

Serhii Zhdanov called for broader regulation in offshore crypto exchanges that do not go through financial audits.

Crypto market bloodbath leads to over $500M in liquidations in 24 hours

Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price crashed below $22,000 on Friday.

Weak address growth points to Bitcoin price failing to sustain $25K

Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance.

Hodlnaut cuts 80% of staff, applies for Singapore judicial management

Embattled cryptocurrency lending platform Hodlnaut cuts staff ahead of application for judicial management.

Bitcoin 'very bearish' below $22.5K says trader as BTC price dives 6%

Sudden bearish sentiment takes hold as BTC price action returns to an area not seen since late July.

Options data shows Bitcoin’s short-term uptrend is at risk if BTC falls below $23K

BTC’s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure.

Bitcoin 'liveliness' lowest since 2021 amid new 5-year BTC hodl record

More of the BTC supply has stayed in its wallet for five years or longer than ever before.

Korean financial watchdog to block tens of unregistered exchange websites

Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.

Chinese mining giant Canaan doubles profits despite the blanket crypto ban

The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.

Bitcoin price heads above $23.5K after highest EU inflation in history

Inflation surprises keep coming, while the European central bank refuses to rule out even higher numbers in future.

Ripple CTO lashes back at Vitalik Buterin for his dig on XRP

David Schwartz compared crypto miners in the Ethereum and Bitcoin ecosystem akin to shareholders of eBay, which he believes makes the entity secure.

Aid for Ukraine's $54M crypto fund buys vests, scopes, and UAVs

The crypto donations have played a “significant role in Ukraine’s defense,” a Ukrainian government official wrote.

Price analysis 8/17: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX

Crypto and stock markets corrected as traders grew nervous ahead of Wednesday’s FOMC minutes, but the real stress point is whether traders will “buy the dip.”

Pushing Bitcoin to become more scalable with zero-knowledge proofs

Cointelegraph Research explains the EC-STARKs technology and discusses what this means for the cryptocurrency market.

Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom

The bottom "is not in" for either stocks or crypto, one analyst believes, as alarming data shows copycat moves from 2008 by the S&P 500.

Indian police launch probe into BitConnect founder wanted by US SEC

The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India.

Troubled miner returns 26,000 rigs to eliminate debt

The mining operator entered into a deal with NYDIG to sell rigs to alleviate $64.7 million in outstanding debt.

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