Crypto Update | Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market

By coindesk.com August 29, 2023 In Bitcoin, Kraken, Markets, Trading

Plus, Robinhood with $3B in BTC, a ‘Clockwork’ shutdown and more from Sam Bankman-Fried.

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Markets Daily Crypto Roundup

Crypto Update | Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto MarketCrypto Update | Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market

Host

Michele Musso

Co-Host

Today’s episode is sponsored by Kraken Pro and Simpluris

Today’s Stories:

Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market

Ethereum’s Daily Transaction Fees Hits 8-Month Low of $2.8M

Robinhood Revealed to be Third-Largest Bitcoin Holder With $3B in BTC

Solana-Based Automation Startup Clockwork to Shut Down

Sam Bankman-Fried’s Defense Renews Push for ‘Temporary Release’ Ahead of October Trial

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Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

Simpluris: If you purchased FEI or TRIBE tokens in the Genesis Event between March 31st and April 3, 2021, a class action settlement may affect your rights.

You can learn more about the settlement and file a claim here.

This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.