CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, PrimeXBT News

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, PrimeXBT News

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CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, PrimeXBT News
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Bitcoin goes red, which could cause even more disadvantages
The bitcoin price has struggled to recover above $46,000 resistance against the U.S. dollar.

The bitcoin price was only $44,258 before an upward correction was attempted. There was a breakout above the 50% Fibonacci retracement level of the recent decline from a high of $47,200 to a low of $44,258. Also on the hourly chart of the pair, BTC / USD is forming a major bearish trend line with resistance around $ 45,500. It looks like the pair struggled to clear the trend line and topped out just below the 61.8% Fibonacci retracement level of the recent decline from a high of $47,200 to a low of $44,258.
It is now trading below $45,000 and the 100-hour simple moving average.
Bitcoin price remains at risk

The $ COV token is now available for purchase on PrimeXBT.
COV token rate opens three new levels of accounts in the transaction copying module

PrimeXBT is exclusive to the Covesting copy trading platform thanks to an existing B2B license agreement between the two financial industry hubs.
By blockchain COV tokens, Covesting users can gain access to one of three levels of account membership.
The new yield generation module allows users to easily connect to today's most popular DeFi protocols and access the APY variable on any unoccupied crypto-assets stored in PrimeXBT's secure wallet system. Using PrimeXBT's internal systems and Covesting software technology, users can bypass the strictly technical techniques required to access the DeFi-best APY.
A token $ COV is available on PrimeXBT

Ethereum shows a bearish technical pattern, why it could collapse
Ethereum has failed to recover above the $3,120 pivot zone against the U.S. dollar.

Ethereum began an upward correction from a low of $2,950, similar to bitcoin. There was a break above the 23.6% Fibonacci retracement level of the key decline from the high of $3,280 to the low of $2,950. Ether even rose above the $3,100 level, but there was no continued rise above the $3,120 resistance level.

Ukraine will promote the CBDC pilot project by paying employees in digital hryvnia
Ukraine's Ministry of Digital Transformation plans to compensate its employees for the central bank's digital currency.

In a recent interview with Minister Mikhail Fedorov, he said that "Ukrainians rank first in the world" in terms of adaptability to virtual assets. He added that Ukraine's openness to technology could also be one of its main advantages.

Cryptocurrency grew from 2% to 41% of Robinhood's total revenue last year.
Robinhood's second-quarter earnings show that cryptocurrency has been a driving force behind the investment app's revenue growth.

From the second quarter of 2020 to the second quarter of 2021, cryptocurrency transaction revenue increased by 4,282%.
Total transaction revenue was $451 million, accounting for the bulk of the company's $565 million in revenue in the second quarter.

Central Bank warns that Binance is operating illegally in the Netherlands
Binance continues to get heat from regulators around the world despite significant efforts to step up its compliance game.

The world's largest cryptocurrency exchange, Binance, is banned from operating in the Netherlands, according to a statement from the country's central bank on August 18.


The publicly-traded company announced Wednesday, Aug. 18, that it has managed to accumulate $4 billion in cash reserves as part of an effort to maintain seamless operations and streamline its services for consumers around the world.

Japanese exchange Liquid hacked, hacker owns $74 million worth of crypto-assets
Liquid, a regulated crypto exchange in Japan, suspended deposits and withdrawals as its hot wallets were hacked in a security breach.

The firm said in an Aug. 19 morning Japan time tweet that its hot wallets had been compromised and it was transferring assets to cold wallets. "We are currently investigating and will provide regular updates. In the meantime, deposits and withdrawals will be suspended."
In a follow-up tweet, Liquid listed four blockchain addresses - Bitcoin, Ethereum, Tron and XRP - believed to be linked to the hacker.

Bitcoin goes red, which could cause even more disadvantages.
The bitcoin price has struggled to recover above $46,000 resistance against the U.S. dollar.

The $ COV token is now available for purchase on PrimeXBT.
COV token rate opens three new levels of accounts in the transaction copying module

By: HOT CRYPTO NEWS
Title: CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, PrimeXBT News
Sourced From: www.youtube.com/watch?v=wdz-wegclrw

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