Aug 17: Shibarium Mainnet Glitch, SEI Tanks w/ Airdrop, Crypto Laundering Bust

Aug 17: Shibarium Mainnet Glitch, SEI Tanks w/ Airdrop, Crypto Laundering Bust

Shib developers deploy Layer 2 Shibarium on the Ethereum mainnet, aiming to enhance scalability. Over $1.7 million worth of Ethereum is trapped in the Shibarium Layer 2 network. SEI price drops by 31% as users begin claiming the airdrop. Singapore authorities bust a $735 million alleged money laundering case involving cryptocurrencies. Bitcoin and Ethereum exhibit lower volatility than oil, according to Kaiko research. Aave's stablecoin GHO trades below its intended dollar peg, raising questions about its stability. Bitcoin hits an all-time high in Argentina following Javier Milei's surprising win. Asset manager Valkyrie files an Ethereum-focused ETF with the US SEC.


#CryptoNews #Shibarium #SEI #Airdrop #CryptoLaundering #Bitcoin #Ethereum #Aave #GHO #Argentina #Valkyrie #ETF

_________


News Links 👇


https://decrypt.co/152684/shib-developers-deploy-layer-2-shibarium-ethereum-mainnet


https://decrypt.co/152773/1-7m-ethereum-stuck-shib-layer-2-network-shibarium


https://www.theblock.co/post/245900/sei-price-drops-31-as-users-start-claiming-airdrop


https://www.theblock.co/post/245880/singapore-busts-735-million-alleged-money-laundering-case-involving-crypto


https://decrypt.co/152771/bitcoin-ethereum-are-now-less-volatile-oil-kaiko-research


https://www.dlnews.com/articles/defi/why-aave-stablecoin-gho-trades-below-its-intended-dollar-peg/


https://decrypt.co/152702/bitcoin-hits-all-time-high-in-argentina-following-javier-mileis-shocking-win


https://www.reuters.com/technology/asset-manager-valkyrie-files-ethereum-focused-etf-with-us-sec-2023-08-16/


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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


©Copyright 2023 Matthew Aaron Podcasts LLC


Daily Bitcoin, Ethereum, & Crypto News!

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Episoder(832)

August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

August 22: Bitcoin Hits $79K, but $80K Is the First Real Test

Bitcoin is pushing against the $80,000 barrier after one of its strongest weeks in months, driven by improving Treasury-market liquidity, nearly $2 billion in Bitcoin ETF inflows, short liquidations, ...

24 Aug 16min

August 21: Bitcoin Hits $77K as Liquidity Floods Back Into Crypto

August 21: Bitcoin Hits $77K as Liquidity Floods Back Into Crypto

Bitcoin’s rally is accelerating, with BTC climbing toward $78,000 as improving global liquidity, heavy ETF buying, and another massive short squeeze drive the market higher. Matt breaks down roughly $...

21 Aug 15min

August 20: Bitcoin Rips Above $70K as Global Liquidity and Short Liquidations Hit the Market

August 20: Bitcoin Rips Above $70K as Global Liquidity and Short Liquidations Hit the Market

Bitcoin finally broke out, surging above $70,000 as several catalysts hit at once. Matt looks at Trump’s White House meeting with crypto executives, Treasury moves supporting broader liquidity, and a ...

20 Aug 15min

August 19: Ripple Raises $275 Million as the SEC Finally Moves on Reg Crypto

August 19: Ripple Raises $275 Million as the SEC Finally Moves on Reg Crypto

Ripple raised $275 million to expand its U.S. clearing, prime brokerage, and financial-services business, while Metaplanet is bringing its Bitcoin treasury strategy to the U.S. through a deal involvin...

19 Aug 6min

August 18: Wall Street Keeps Moving Into Crypto While Bitcoin Stays Stuck at $64K

August 18: Wall Street Keeps Moving Into Crypto While Bitcoin Stays Stuck at $64K

Bitcoin is still hovering around $64,000, but traditional finance keeps moving deeper into crypto. Matt covers Citi preparing to launch institutional Bitcoin custody, Kraken expanding U.S. stock tradi...

18 Aug 9min

Bitcoin Liquidity Dries Up as Craig Waits for a Break Below the Range

Bitcoin Liquidity Dries Up as Craig Waits for a Break Below the Range

Craig says crypto liquidity has dried up dramatically, with Bitcoin stuck inside a month-long range between roughly $62,500 and $65,500 and only a small fraction of tracked trading pairs showing meani...

17 Aug 8min

August 17: Bitcoin Stays Flat as ETF Outflows and Thin Liquidity Keep Traders Cautious

August 17: Bitcoin Stays Flat as ETF Outflows and Thin Liquidity Keep Traders Cautious

Bitcoin remains stuck near $63,000 as ETF flows turn negative and thin liquidity leaves the market vulnerable to sharper moves if leveraged traders rush for the exits. Matt covers Strategy raising ano...

17 Aug 7min

August 14: Bitcoin Slips Below $63K as Liquidity Dries Up

August 14: Bitcoin Slips Below $63K as Liquidity Dries Up

Bitcoin slipped below $63,000 as weak liquidity and cautious sentiment continue weighing on the market. Matt covers MSCI considering rules that could exclude Bitcoin treasury companies like Strategy a...

14 Aug 9min

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