BitDigest September 8 · Issue #737
- Crypto prices slide 6% over long weekend but bitcoin showing support at $10,000
- Australia’s Senate confirms plan to roll out a National Blockchain Roadmap
- Ransomeware attacks shut down border crossing and banks in South America
Crypto Fear and Greed Index
Investor sentiment across digital currencies turned bearish this week as the Fear & Greed Index for bitcoin and other large cryptocurrencies dropped 34 points – the largest drop in a year and second largest drop on record – as the market cap of digital currencies fell 16.7% over the past 7-days.
The Headlines
Australia Developing National Blockchain Roadmap
Ransomeware Attack Temporarily Closes Argentina's Borders
Chile Issues Security Alert in Response to Banco Estado Cyber Attack
South Korea Warns People to Avoid Crypto Meetups
South Korean Agency Developing Blockchain Employee-Rewards System
Vale Completes First Blockchain-based Sale
Tech Mahindra Building Blockchain Solutions with AWS
Mode Looking to Go Public
Blockchain Voting App Wants Permission to be Required When Researching Security Flaws
Exchange, Custody and Product News
Circle Adds Payment in Local Currencies
Ziglu Launches P2P Fiat and Crypto Payments
Reports you may have missed
After significantly outperforming equities leading up to its halving event on Friday, BTC0.69% continued its upward trend over the weekend, now trading just below $66k. ETH1.60% has generally followed suit, although continuing to lag behind BTC, with its current price around $3200. SOL2.83% , meanwhile, has continued its strong rebound from the recent price slide, reaching $156 yesterday, currently trading slightly below that level. The crypto market is broadly performing well...
Happy Halving Day to all. It has been another volatile 24 hours for crypto markets, with war-related headlines sending risk assets lower overnight. BTC0.69% briefly dipped below the $60k mark but has since recouped all its losses and is now trading above $64k. ETH1.60% followed BTC's initial drop, trading below $2900 last night, but it has now rebounded to above $3000. SOL2.83% has shown remarkable resilience amid the turmoil, now...
Tether Outlines New Organizational Structure, Aptos Partners with Microsoft, Brevan Howard, and SK Telecom
Traditional markets are finding some relief in Thursdayâs trading after four consecutive sessions of losses. The SPY and QQQ have gained approximately 0.30%, while the IWM (+0.99%) is showing outsized gains. Crypto markets are finding larger relief, with $BTC rising 3.92% to $63.7k, and $ETH gaining 2.71% to exceed $3,050. Injective ($INJ) is one of the leading tokens today, gaining 9.37% following news of a partnership with JamboPhone to bring blockchain-powered financial solutions to emerging markets. JamboPhone...
Equities and crypto assets are selling off in tandem today as inflation and geopolitical fears have spooked risk assets. The SPY and QQQ have decreased by 0.46% and 0.92%, respectively, while crypto is selling off more aggressively. $BTC (-5.49%) has tested the high $59,000s and $ETH (-4.42%) is trading below $3,000. Among a sea of red, $SUI is showing relative strength, gaining 6.44% on the back of a partnership announcement with...