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BitcoinGalaxy Digital, one of the leading crypto financial services providers, has announced its plans to terminate the proposed acquisition of crypto infrastructure service provider, BitGo. The deal is billed to be completed in the first quarter of this year, but Galaxy Digital said it had to terminate it as BitGo did not fulfil some of the terms.See the Story
Galaxy Digital Terminates $1.2 Billion Bitgo Acquisition Deal, Crypto Firm Still Plans for Nasdaq Listing – Bitcoin News
BitcoinRobert Kiyosaki is buying 2-year U.S. Treasury bonds after listening to economist Harry Dent. The author of Rich Dad Poor Dad has been saying for years that he does not trust the Federal Reserve or Wall Street. He also mentioned a prediction by Jim Rickards, the author of the bestseller Currency Wars.See the Story
Rich Dad Poor Dad's Robert Kiyosaki Changes His Mind About Treasury Bonds — Says 'Time to Open My Closed Mind' – Economics Bitcoin News
BitcoinCelsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The company's attorney detailed that Celsius has been offered cash injections, but the lawyer did not disclose who offered the funds and how much was presented. The news follows Ripple Labs saying the company was interested in learning about Celsius and the crypto lender's assets.See the Story
Celsius Gets Approval to Sell Mined Bitcoin to Pay for Operations
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EthereumJPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful beneficiary of The Merge. The Merge is the long-awaited transition from proof-of-work (PoW) to proof- of-stake (PoS) The Merge could boost Coinbase's annual income by $80 to $100 million from staking services.See the Story
JPMorgan Says That Coinbase Will Benefit From the Ethereum Merge
Ghana · GhanaGhana's year-on-year inflation rate for July rose to 31.7%. The latest inflation rate is nearly 2% higher than the 29.8% rate which was recorded in June. President Nana Akufo-Addo's government is now seeking $3 billion from the International Monetary Fund.See the Story
Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board – Economics Bitcoin News
EnvironmentThe president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. He stated that while regulation is indeed necessary, it has to be done in a way that doesn't stop innovation. The legislative process for approving a cryptocurrency bill is quite advanced in the country.See the Story
President of Central Bank of Brazil Disagrees With 'Heavy Hand' Regulations for Cryptocurrencies – Regulation Bitcoin News
FinanceAn Ethereum (CRYPTO: ETH) whale wallet address from the initial coin offering (ICO) era has made a large transfer after three years of dormancy.What Happened: On-chain activity seen on blockchain explorer Etherscan shows that the whale wallet transferred 145,000 ETH to multiple wallets on Monday. The whale made the transfers in increments of ...Full story available on Benzinga.comSee the Story
Ethereum Genesis ICO Whale Sparks Fears With $280M ETH Transfer Close To The Merge
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Vladimir PutinThe Ministry of Economic Development of the Russian Federation detailed this week that Russia's economic hardships are less severe than expected. Russia's gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia's inflation won't be as elevated as economists once predicted. At the same time, inflation in the U.K. topped 10% and the European Union's inflation rate is expected to be just as high.See the Story
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony' – Economics Bitcoin News
BitcoinKyberSwap Elastic is a tick-based AMM that gives Liquidity Providers (LPs) the advantages of concentrated liquidity and the flexibility to achieve capital efficiency and manage risks. The first phase of this joint initiative is set to bring liquidity providers over $120,000 in liquidity mining rewards, with more incentives to come in the near future.See the Story
Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards – Sponsored Bitcoin News
Goldman SachsRipple scored a minor victory as Magistrate Judge Sarah Netburn granted Ripple's request to serve non-party subpoenas to video hosting platforms. The SEC filed a lawsuit action against Ripple Labs Inc. and two of its executives, alleging that they raised over $1.3 billion through an unregistered digital asset securities offering.See the Story
XRP Classified as "Digital Currency": Goldman Sachs, Wells Fargo
CryptocurrencyCrypto Flipsider News – Market Update; Chiliz Rallies; DAI Hit ATH, New Fed Guidelines, Brazil Launch Crypto PlatformsSee the Story
Crypto Flipsider News – Market Update; Chiliz Rallies; DAI Hit ATH, New Fed Guidelines, Brazil Launch Crypto Platforms By DailyCoin
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