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Cryptocurrency Daily Roundup - Aug. 8


Cryptocurrencies dropped back into the red after the US securities watchdog postponed its decision on a Bitcoin exchange-traded-fund or ETF. Bitcoin retreated below $7,000.

Overall cryptocurrency market capitalization also eroded sharply. As of 10.23 am ET, market capitalization was $229.11 billion versus $256 billion around the same time a day earlier, according to CoinMarketCap data.

Here is a wrap of the main news from the cryptocurrency and blockchain space over the past 24 hours.

Bitcoin Price Falls Below $6500 After SEC Postpones ETF Decision

Bitcoin fell further down, to sub-$6,500 level Wednesday, influenced by the Securities and Exchange Commission's decision to delay a ruling on a keenly awaited Bitcoin exchange-traded fund. The watchdog postponed its decision by a further 45 days whether to approve a rule that would allow Chicago Board Options Exchange to offer shares of an ETF issued by VanExk SolidX Bitcoin Trust. Read more...

Opera To Launch Browser For Desktop PCs With Crypto Wallet

Web browser maker Opera Software AS is set to launch its web browser for desktop computers with a built-in mobile crypto wallet access after the positive response received to the recently launched crypto wallet in Opera for Android. "Opening up the PC browser to crypto marks Opera's second step towards making cryptocurrencies and Web 3.0 mainstream," said Charles Hamel, Product Lead of Opera Crypto. Read more...

Bob Goodlatte Is First Congress Member To Disclose Crypto Holdings

Rep. Bob Goodlatte, who chairs the House Judiciary Committee, is likely the first Congress member to disclose holdings in cryptocurrencies, as reported by Sludge. According to his annual Financial Disclosure Statement, Goodlatte owns between $17,000 and $80,000 in digital currency. He has principally invested in Bitcoin, along with nominal holdings in Ethereum and Bitcoin Cash. Read more...

Huge Crypto Scam Botnet On Twitter Uncovered

Internet security researchers have uncovered a huge crypto-scam botnet that worked to spread a fake "cryptocurrency giveaway" on legitimate Twitter accounts. Comprised of at least 15,000 bots in a three-tiered hierarchical structure, the botnet evolved over time to remain undetected. Read more...

Bitcoin ATM Machine Global Numbers Cross 3500 Mark

The number of Bitcoin ATM machines (BATM) installed across the world has crossed the 3,500 threshold, according to Coinatmradar.com. Bitcoin ATMs are installed in 73 countries in the world. Two thirds of them are concentrated in North America. Out of a total of 3,504 BATMs worldwide, 2163 are installed in the United States, and 613 in Canada. Read more...

Current Prices

As of 10.26 am ET, Bitcoin was down 8.49 percent at $6,476.81 and Ethereum was lower by 11.37 percent at $362 on Coinbase.

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