August 25, 2021

Cryptocurrency Digest Aug 24, 2021: News, Analysis & Opinions

cryptocurrency digest aug 24 2021

🔥 MicroStrategy bought 3,907 BTC for $177 million.

⚡️ Glassnode noticed that transaction activity on the Bitcoin network is at a low level of 175,000-200,000 transactions per day.

💡 Google searches for "Bitcoin" are at a low of 32 points out of 100.

👀 The Fear and Greed Index in the "Extreme Greed" area is 79 points.

🌏 Kraken CEO Jesse Powell announced his intention to enter the European market. The company is working on obtaining a license.

💰 Blockstream raised $210 million at a valuation of $3.2 billion.

👀 CoinShares recorded capital inflows into crypto funds for the first time in 7 weeks.

✅ Content platform Substack began accepting bitcoin.

⚠️ Developers of client Geth fixed a serious bug. All node operators need to urgently update to version 1.10.8.

💥 A survey of 1,300 bankers showed that they are confident in replacing fiat currencies with cryptocurrencies.

🔥 Switzerland will tokenize securities on the Tezos blockchain.

💵 Paxos renamed its Stablecoin to Pax Dollar (USDP).

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Jack Evans

About the author

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments. 

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