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Happy Monday Folks! Over the weekend, Kraken was ordered to release customer information; the price of Bitcoin is currently at $30,650.77. The fear and greed index jumped to 62 and the best performing asset for the past 24 hours is $ETH up 2.35%; in position #2. There isn't really any trending news but Litecoin halving is coming up so keep your eyes on it. Let's dive into the rest of the news...
Singapore wants crypto firms to keep client funds in a trust.
Opinion: ‘A lot of the bad actors have been shaken out of the market' — Bitvo CEO Pamela Draper.
Bitcoin MACD turns green on the monthly chart, signaling start of a bull market. Bitcoin exhibits increased trading activity during US hours. Institutional Bitcoin Accumulation Sees Exponential Increase. Bitcoin Hits Its Highest Price in Over a Year. Institutions Pour Capital Into Bitcoin and Altcoins, Creating Positive Net Flows for 2023: CoinShares. Nasdaq refiles for BlackRock spot bitcoin ETF, names Coinbase as surveillance partner.
Opinion: Cameron Winklevoss Blames SEC for Pushing Investors Toward the ‘Toxic’ Grayscale Bitcoin Trust. Probability for U.S. Approval of a Spot Bitcoin ETF Is Fairly High: Bernstein. Bitcoin to Surge to $36,000, Top Analyst Katie Stockton Predicts.
Litecoin’s Resurgence: The ‘Silver’ to Bitcoin’s ‘Digital Gold’ Makes a Comeback.
Opinion: Veteran Trader Peter Brandt Spots Major Breakout on Litecoin.
Huobi fixes data breach that leaked contact details for 4,960 users. Revolut is delisting Polygon, Solana and Cardano tokens in the US. Binance Spot Trading Volume Dropped by 70% in Q2, 2023, Kaiko Analysts Say.
Blockchain Association on Why SEC Chair Gensler ‘Must Recuse Himself From Digital Asset Enforcement Decisions.' Thai SEC bans the use of customer crypto assets for lending and investment.
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Podcast of the Day: 178 - Is Crypto's Bear Market Almost Over? with Raoul Pal | Bankless