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

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

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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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