Why Ethereum, Dogecoin, and Shiba Inu Are Falling Today (Aug 27)

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Today's News

Investors are fleeing risk assets such as digital currencies and stocks after Federal Reserve Chair Jerome Powell's remarks on inflation. Ethereum's merge and the possibility of over-the-counter crypto trades are also in the news.

Outline

Jack Dorsey's Block ends Afterpay smartphone tie-up with Australia's Westpac
Asset managers to offer fund tokens despite crypto turmoil
A bitcoin IRA lets you profit from the cryptocurrency's potential gains in a tax-advantaged way
US stocks trade mixed as data shows inflation cooling ahead of Powell's Jackson Hole speech
What is OTC? A beginner's guide to over-the-counter markets
This Week in Security: In Mudge We Trust, Don’t Trust That App Browser, and Firefox at Pwn2Own
Will This Be the First Country Bankrupted by Crypto?
A way to power the planet through ultra-deep geothermal energy
What Is ‘the Merge’?
The Crypto World Can’t Wait for ‘the Merge’
Got $5,000? Buy This Crypto Now
1 Beaten Down Growth Stock That Could Soar, According to Wall Street
Could This Dark Horse Cryptocurrency Be the Unexpected Beneficiary of Ethereum's Merge?
Why Ethereum, Dogecoin, and Shiba Inu Are Falling Today
More Than Half Of All Bitcoin Trades Are Fake
Digital currencies And Stocks Decline As Investors Flee Risk Assets After Fed Speech
How To Help Your Adult Children Make Financial And Medical Decisions When Needed
HIVE Blockchain's Pivot Away From PoS Ethereum
Coinbase: Darkest Before The Dawn
CrowdStrike: A Real Crowd Pleaser
Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks
First Mover Asia: A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Prices Remain in Holding Pattern
First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy
Thai Energy Billionaire Turns to Crypto to Boost Growth: Report
Ether May Continue to Lose Momentum Until Merge Is Completed, BofA Says
Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan
Federal Reserve’s Powell: Inflation Battle Not Yet Close to Finished
In Defense of Crypto Speculation

Jack Dorsey's Block ends Afterpay smartphone tie-up with Australia's Westpac

Afterpay, the Australian payments firm bought by Jack Dorsey's Block Inc <a href="https://www.reuters.com/companies/SQ.N" target="_blank">(SQ.N)</a>, and Australia's Westpac Banking Corp <a href="https://www.reuters.com/companies/WBC.AX" target="_blank">(WBC.…

Asset managers to offer fund tokens despite crypto turmoil

Investors in crypto have endured wild moves in recent months, but this has not fazed asset managers who are preparing to use the blockchain technology behind cryptocurrencies to break funds into bite-sized units, or tokens, to sell to small savers.

A bitcoin IRA lets you profit from the cryptocurrency's potential gains in a tax-advantaged way

A bitcoin IRA is a self-directed individual retirement account allowed to hold cryptocurrencies. They have high fees but allow tax-advantaged profits.

US stocks trade mixed as data shows inflation cooling ahead of Powell's Jackson Hole speech

Ahead of Powell's speech, Friday inflation data showed personal consumption expenditures eased in July to 6.3%, compared to 6.8% in June.

What is OTC? A beginner's guide to over-the-counter markets

Over-the-counter (OTC) trading allows two parties to trade via a dealer-broker, with lower transaction costs than major stock exchanges.

This Week in Security: In Mudge We Trust, Don’t Trust That App Browser, and Firefox at Pwn2Own

There’s yet another brouhaha forming over Twitter, but this time around it’s a security researcher making noise instead of an eccentric billionaire. [Peiter Zatko] worked as Twitter’s security chief for …read more

Will This Be the First Country Bankrupted by Crypto?

It’s been a year since El Salvador adopted Bitcoin as currency. Things are not going well

A way to power the planet through ultra-deep geothermal energy

A startup has developed a system that can tap into geothermal energy almost anywhere The post A way to power the planet through ultra-deep geothermal energy appeared first on Springwise.

What Is ‘the Merge’?

Here’s what to know about a major software upgrade to Ethereum, the most popular crypto platform.

The Crypto World Can’t Wait for ‘the Merge’

A long-awaited upgrade to Ethereum, the most popular crypto platform, may make the technology more environmentally sustainable. But it comes with risks.

Got $5,000? Buy This Crypto Now

The weak period for digital assets presents a great investment opportunity.

1 Beaten Down Growth Stock That Could Soar, According to Wall Street

This cryptocurrency stock can thrive when others struggle.

Could This Dark Horse Cryptocurrency Be the Unexpected Beneficiary of Ethereum's Merge?

This Ethereum cousin is surging in the wake of the Merge.

Why Ethereum, Dogecoin, and Shiba Inu Are Falling Today

Stocks and cryptocurrencies fell after Federal Reserve Chairman Jerome Powell's televised speech this morning.

More Than Half Of All Bitcoin Trades Are Fake

A new Forbes analysis of 157 crypto exchanges finds that 51% of the daily bitcoin trading volume being reported is likely bogus.

Digital currencies And Stocks Decline As Investors Flee Risk Assets After Fed Speech

Risk assets lost value this morning after global markets responded to the speech Federal Reserve Chair Jerome Powell made at the Jackson Hole symposium. Powell stated that cooling inflation will require policy makers to "forcefully" use the tools at their dis…

How To Help Your Adult Children Make Financial And Medical Decisions When Needed

What rights do you have as a parent when your child turns 18?

HIVE Blockchain's Pivot Away From PoS Ethereum

HIVE faces challenges like falling crypto prices and the upcoming Ethereum Merge, which could make Proof of Work mining obsolete. Here's why I rate HIVE stock a hold.

Coinbase: Darkest Before The Dawn

Coinbase is well capitalized for the current crypto cold snap, but it faces regulatory headwinds. Find out why I am maintaining my hold rating on COIN stock.

CrowdStrike: A Real Crowd Pleaser

CrowdStrike is a good company with high growth prospects. The stock has performed much better than competitors in recent months. Read more about CRWD here.

Bitcoin Tumbles Below $21K After Powell’s Hawkish Remarks

The Federal Reserve Chairman said households and businesses should prepare for pain as the central bank works to bring down inflation.

First Mover Asia: A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Prices Remain in Holding Pattern

Some miners are earning more by selling power capacity back to the grid than through mining bitcoin; crypto markets await Fed Chair Jerome Powell's Friday speech.

First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether

The latest price moves in bitcoin (BTC) and crypto markets in context for August 26, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course. This article originally appeared in Market Wrap, CoinDesk’s daily news…