Bitcoin

Buyers are struggling to build upon Bitcoin’s sharp recovery on Aug. 8, indicating that the bears remain active at higher levels. Source link

The “Silicon Beach” wants to make sure Bitcoin has a place there, with help from a blue-collar-oriented nonprofit. Source link

According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers. Source link

The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform. Source link

Bullish traders bought Bitcoin’s recent dip, possibly setting BTC on the way to a new all-time high. Source link

Bitcoin still faces significant resistance at $62,000, and if it breaks, it would liquidate over $845 million of leveraged shorts. Source link

Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more. Source link

Bitcoin order book action is currently marked by significant sell-side liquidity, but this could just disappear at any time, analysis says. Source link

While a strategic Bitcoin reserve may be good for price action, the US Treasury controlling 19% of the BTC supply raises unprecedented centralization concerns.…

Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space. Source link