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Bitcoin Price hovers around $24,000
Bitcoin, the world’s largest cryptocurrency, is trading around $24,000 on Tuesday, August 15, 2023. The price of Bitcoin has been relatively stable over the past few days, after a sharp sell-off last week.
Crypto Market Recovers Slightly
The crypto market as a whole has recovered slightly in recent days. The total market capitalization of all cryptocurrencies is now around $1.1 trillion, up from $1 trillion last week.
Ethereum Merge on the Horizon
The Ethereum Merge, a highly anticipated event that will see the Ethereum blockchain transition from a proof-of-work to a proof-of-stake consensus mechanism, is expected to take place in September. The Merge is expected to make Ethereum more efficient and scalable.
SEC Targets DeFi Protocols
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating several decentralized finance (DeFi) protocols. The SEC is reportedly concerned that some DeFi protocols may be offering unregistered securities.
Elon Musk Renews Interest in Twitter Buyout
Elon Musk, the CEO of Tesla and SpaceX, has reportedly renewed his interest in acquiring Twitter. Musk originally agreed to buy Twitter for $44 billion, but he later backed out of the deal.
Industry News
* Coinbase launches new custody service for institutions
* FTX partners with Visa to launch debit card
* Crypto lender Celsius files for bankruptcy
Upcoming Events
* Ethereum Merge: September 2023
* Bitcoin 2023 conference: April 20-22, 2023
* Consensus 2023: April 26-28, 2023
Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. Please consult with a qualified financial advisor before making any investment decisions.
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