Aug 23: BNB Hits 1-Year Low, Bitcoin Short-Term Holders Struggle, Opensea Exec's Sentence

Aug 23: BNB Hits 1-Year Low, Bitcoin Short-Term Holders Struggle, Opensea Exec's Sentence

BNB token hits a year-low amid increasing regulatory scrutiny on Binance. Almost 90% of Bitcoin short-term holders find themselves underwater, according to on-chain data. Base Network's daily transactions outpace Ethereum in the midst of the friend tech frenzy. An ex-Opensea executive receives a 3-month sentence in an NFT insider trading case. Sam Bankman-Fried pleads not guilty while reportedly living on basic rations in prison. Discover why Croatia is crafting its own crypto rules ahead of the MICA law.


#CryptoNews #BNB #Bitcoin #Opensea #Regulation #CryptoMarket #Cryptocurrency

__________


News Links 👇


https://www.coindesk.com/markets/2023/08/22/bnb-token-stumbles-to-1-year-low-amid-mounting-scrutiny-over-binance/


https://www.coindesk.com/markets/2023/08/23/nearly-90-of-bitcoin-short-term-holders-are-underwater-onchain-data-show/


https://decrypt.co/153354/base-daily-transactions-outpace-ethereum-on-friend-tech-frenzy


https://decrypt.co/153373/ex-opensea-exec-receives-3-month-sentence-in-nft-insider-trading-case


https://decrypt.co/153363/sam-bankman-fried-living-on-bread-and-water-in-prison-pleads-not-guilty


https://www.dlnews.com/articles/regulation/why-croatia-is-crafting-crypto-rules-ahead-of-mica-law/


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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(797)

Craig Cobb: Bitcoin Is Still Stuck

Craig Cobb: Bitcoin Is Still Stuck

Start your free 7-day trial of Market Intern at https://marketintern.com and see how Craig identifies high-probability trading setups before they develop.Craig Cobb explains why he's still sitting lar...

7 Jul 9min

July 3: Stablecoins Keep Winning, Tokenization Expands, and the CBDC Debate Isn't Over

July 3: Stablecoins Keep Winning, Tokenization Expands, and the CBDC Debate Isn't Over

Bitcoin ETFs finally snapped their 10-day outflow streak, bringing in more than $221 million in new inflows, but Matt explains why one positive day isn't enough to erase June's record $4.5 billion in ...

3 Jul 14min

July 2: Stablecoins Invade Banking, Crypto Crime Explodes, and Europe Is Already Rewriting the Rules

July 2: Stablecoins Invade Banking, Crypto Crime Explodes, and Europe Is Already Rewriting the Rules

Traditional finance and crypto continue moving closer together as Standard Chartered and Circle launch institutional USDC minting and redemption through the bank's platform, while Anchorage Digital ex...

2 Jul 12min

July 1: Citi Cuts Bitcoin, Europe's Crypto Rules Arrive, and Why Stablecoins Changed Everything

July 1: Citi Cuts Bitcoin, Europe's Crypto Rules Arrive, and Why Stablecoins Changed Everything

Wall Street is becoming less optimistic on crypto as Citi cuts its 12-month Bitcoin price target from $112,000 to $82,000, while Bitcoin ETFs suffer their worst month on record with $4.5 billion in ou...

1 Jul 13min

June 30: Strategy May Sell Bitcoin, ARK Buys the Dip, and Why the Pain Isn't Over

June 30: Strategy May Sell Bitcoin, ARK Buys the Dip, and Why the Pain Isn't Over

Crypto sentiment remains brutal as Strategy gives itself authorization to sell up to $1.25 billion in Bitcoin, raising concerns that even the possibility of future sales could pressure an already weak...

30 Jun 18min

Craig Cobb: Sit on Your Hands Until the Market Gives You an Edge

Craig Cobb: Sit on Your Hands Until the Market Gives You an Edge

Craig Cobb says Bitcoin and the broader crypto market are still bearish, but too messy to trade aggressively right now. He explains why last week’s $65,000 Bitcoin rejection offered a clean short setu...

29 Jun 8min

June 29: Strategy's New Plan & Europe's Crypto Crackdown

June 29: Strategy's New Plan & Europe's Crypto Crackdown

Strategy unveiled a new capital framework that includes a U.S. dollar reserve policy, higher preferred-share dividends, up to $2 billion in buybacks, and the ability to monetize its Bitcoin holdings i...

29 Jun 8min

June 27: Bitcoin Stabilizes & Apple Sends a Warning

June 27: Bitcoin Stabilizes & Apple Sends a Warning

Bitcoin has recovered above $60,000 after briefly breaking below that key level, but Matt explains why the broader market still looks fragile. He breaks down Strategy losing its long-standing Bitcoin ...

27 Jun 16min

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