Bitcoin interrupted the decline after several days of correction.
BTC should be worth $40,000, the founder of SkyBridge Capital is sure.
The iconic figure of the crypto industry, Michael Saylor, resigns as CEO of MicroStrategy.
Solana users have lost over $8 million due to the hacking of crypto wallets.
The Shiba Inu token celebrated its two-year anniversary with the release of a new mobile game.
Bitcoin rose by 1.4% on Wednesday, ending the day at about $23,300. BTC strengthened after several days of correction amid the growing dynamics of stock indices.
Anthony Scaramucci, founder of the SkyBridge Capital crypto fund, believes that BTC and ETH are fundamentally undervalued and technically oversold. In his opinion, bitcoin should cost $40,000, and Ethereum - $2,800.
The ECB believes that national digital currencies (CBDC) will displace bitcoin and other cryptocurrencies because they have a higher potential.
Online broker Robinhood announced a staff reduction of 23% amid the collapse of the crypto market. This week Robinhood published a negative financial report for the second quarter. The authorities of New York fined the crypto platform $30 million for failure to comply with measures to combat money laundering and maintain cybersecurity.
Solana users have lost over $8 million due to blockchain vulnerabilities. Hackers have hacked about 8000 crypto wallets based on SOL. The largest crypto exchanges have announced that they will strengthen the security of users after the Solana hack.
The developers of Shiba Inu have announced the development of a new mobile game called Shiba Eternity. On August 2, the SHIB token turned 2 years old.
The largest Russian palladium producer, Norilsk Nickel, is testing its own tokens to fulfill credit obligations to the supplier, the Sever Group of companies.