Bitcoin Whales Increase Selling, BTC Rejected From $20,000

Bitcoin has been experiencing some volatility over today’s trading session as the price of BTC touches critical resistance levels. The number one crypto by market cap positively reacted to macroeconomic factors, but as the weekend approaches, low levels might lead to sudden price movement. At the time of writing, Bitcoin (BTC) trades at $19,800 with …

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WATCH: Weekend At Bitcoin’s: Will The Dead Crypto Make A Comeback? BTCUSD September 2, 2022

In this episode of NewsBTC’s daily technical analysis videos, we are going to look at the weekly timeframe on Bitcoin BTCUSD in anticipation of the weekend and weekly close. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 2, 2022 With the monthly open now out of the way and Friday here, …

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Brazilian Cryptocurrency Exchange Mercado Bitcoin Lays Off 15% of Workforce Due to Global Economy Woes

Mercado Bitcoin, one of the biggest Brazilian cryptocurrency exchanges, has announced a new wave of layoffs amidst a worsening global economic situation for fintech startups, which the exchange states is affecting innovation-based companies. The exchange laid off 15% of its workforce on September 1st, this being the second round of layoffs the company has executed …

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Creators of the Otherside Metaverse Drop New Teaser Video Featuring Creatures Called Kodas

Yuga Labs, the creators of the popular Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Bored Ape Kennel Club (BAKC) non-fungible token (NFT) collections, has released another video clip showcasing the Otherside metaverse. The second Otherside trailer features characters called “Kodas” and the development team says “the story continues later this Q4.” …

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Tether Asks Court to Remove Crypto Boutique Law Firm Roche Freedman From Class-Action Lawsuit

Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney’s withdrawal follows videos that circulated showing the lawyer discussing associations with cryptocurrency companies. After the attorney’s initial filing, the stablecoin issuer Tether is requesting …

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Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers

Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program. A court hearing concerning the matter of relief will …

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GAIMIN Gladiators Extends Team Roster Moving Into APEX Legends

PRESS RELEASE. Zug, Switzerland, 2nd September 2022: With a roster currently comprising DOTA2, Rocket League, Rainbow 6 Siege, GAIMIN is delighted to announce that GAIMIN Gladiators have extended their gaming roster to now include an APEX Legends team. Comprising Hardecki, Leogri3x6 and Artyco along with their coach, Pkmk, this Tier 1 team has already achieved …

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Understanding Our Current Monetary System And Bitcoin’s Value Proposition

In order to understand Bitcoin’s potential role in the future, we must understand the monetary system of the present. This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics. Author’s note: This is the first part of a three-part publication. Part 1 introduces …

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