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Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC

BTC’s march up toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position. “Easy come, easy go” was the story on July 20. The day started on a positive note with Bitcoin (BTC) climbing above $24,300, only to end the official trading day in the red…
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Mojang Studios bans Minecraft NFT integrations

“NFTs can create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft,” says the entity. On Wednesday, Minecraft’s developer Mojang Studios said that it would be excluding the integration of nonfungible tokens, or NFTs, alongside blockchain technology as a whole, in its popular namesake game. In explaining the decision,…
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Price analysis 7/20: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Despite July 20’s pullback, the market structure of BTC and most altcoins is still showing early signs of a trend reversal. Bitcoin (BTC) briefly extended its recovery above $24,000 and the altcoins continued to make smart gains on July 20, but the bullish momentum of the week experienced a brief setback after Tesla’s earnings report…
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Crypto firms facing insolvency ‘forgot the basics of risk management’ — Coinbase

“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase. Department heads at Coinbase have weighed in on the market downturn amid solvency concerns surrounding Three Arrows Capital, Celsius Network and Voyager Digital, saying the crypto exchange had “no financing exposure” to these companies. In…
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EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay

Simone Mazzuca is the creator of EURST – the first representative euro stablecoin, 100% asset backed with US Dollars and live audited. EURST is providing one of the most secure and reliable stablecoin structures on the euro market to serve as a bridge to the digital economy. Mr. Simone Mazzuca is the Director and Founder…
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FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost

The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency. FBI’s Crypto App Warning The cyber division of the Federal Bureau of Investigation (FBI)…
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Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch

The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the…
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Tesla Sold 75% of Its Bitcoin — Elon Musk Says ‘We Have Not Sold Any of Our Dogecoin’

Tesla has converted approximately 75% of its bitcoin into fiat currency. The cryptocurrency sales left the electric car company holding digital assets worth $218 million. “We are certainly open to increasing our bitcoin holdings in the future,” Tesla CEO Elon Musk said, adding: “We have not sold any of our dogecoin.” Tesla Sold About 75%…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Both Hit Fresh 1-Month Highs, as Bullish Pressure Intensifies

Bitcoin prices surged on hump day, as the token climbed towards the $24,000 level in today’s trading session. The move came as bullish pressure intensified, following several days of recent gains. Ethereum also remained higher, once again climbing above $1,600. Bitcoin Bitcoin (BTC) extended its recent gains on Wednesday, as prices rose towards the $24,000…
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Bitcoin Pops Above USD 24K, Coinbase On Its Exposure to Celsius, 3AC, Voyager & Terra, ZIPMEX Zips Withdrawals + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Bitcoin Pops Above USD 24K, Coinbase On Its Exposure to Celsius, 3AC, Voyager & Terra, ZIPMEX Zips Withdrawals + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card