CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, CIRCLE News, TETHER News

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, CIRCLE News, TETHER News
Bitcoin returns $45,000, why bulls stay in the driver's seat.
The price of bitcoin has started a new rise above the $45,000 resistance zone against the U.S. dollar.

The bitcoin price corrected below the $43,500 level, as did Ethereum. Nevertheless, BTC remained at a good level around $43,000 and $4,288. It was trading at just $42,855 and recently started a new rise.
There was a clear breakout above the $44,000 resistance zone. In addition, on the hourly chart of the BTC / USD pair, there was a break above the main bearish trend line with resistance around $44,000. The pair is now trading above $45,000 and the 100-hour simple moving average.
It even surpassed the $46,000 resistance zone. The high was formed around $46,510, and bitcoin is now consolidating gains. The closest support is near the $45,650 level.
Bitcoin Price Recovers Strength

Ethereum gets ready to take off again, 100 SMA is the key.
Ethereum has started a new rise above $3,000 resistance against the U.S. dollar.

Ethereum has started a small correction down below support at $3,000. A low near $2,891 was formed and the price began a new rise, similar to bitcoin. Ether was able to move back above resistance levels of $3,000 and $3,050. On the hourly chart of ETH / USD, there was a break above the key bearish trend line with resistance around $2,980.

Circle, aiming to become a national digital bank.
Circle aims to revolutionize the digital asset industry with the goal of becoming a digital national commercial bank.

Circle, founder, and CEO Jeremy Allaire announced that the USDC currently has more than $27.5 billion in assets in circulation and intends to become a national U.S. commercial bank with a federal charter.

66% of Dogecoin addresses in profit as DOGE gains 19% over the weekend.
An analyst report says 66% of Dogecoin addresses are in profit as the meme currency surged over the weekend.

Analyst agency IntoTheBlock published a tweet stating that three-quarters of all Dogecoin addresses are now in profit after DOGE rose over the weekend.

Web traffic to cryptocurrency exchanges continued to fall in July.
For the second month in a row, web traffic to cryptocurrency exchanges continues to fall.

Data compiled by The Block Research shows there were 319.2 million visits to cryptocurrency exchanges in July - down 13.5 percent from June and nearly half of the record high in May.

SEC fines Poloniex $10 million for violating securities laws.
After severe restrictions from the SEC, Poloniex reportedly settled the case by paying the regulator more than $10 million in settlement fees.

According to an Aug. 9 U.S. SEC press release, crypto exchange Poloniex violated investor protection laws by failing to re gister as a "securities broker" with a federal regulator. The exchange allegedly operated illegally and offered investors to trade digital assets that were considered securities for two consecutive years, from 2017 to 2019.

According to the stock report, Tether has significantly increased its exposure to Treasury bills as of June.
Tether increased its Treasury bill allocations in June compared to March numbers.

Stablecoin issuer Tether released a transparency report detailing the structure of its $62.8 billion in reserves as of June 30.
Most - 85% of Tether's reserves as of the date - were in the "Cash and Cash Equivalents and Other Short-Term Deposits and Commercial Paper" category.

CoinDCX becomes first Indian cryptocurrency exchange to gain unicorn status.
CoinDCX, a popular Indian crypto exchange, has joined the Unicorn club after its latest funding round.

The state of crypto regulations in India is still not very clear, so it becomes even more special for cryptocurrency businesses from the country to succeed. CoinDCX has become the second Indian cryptocurrency business to achieve unicorn status after Polygon.
CoinDCX plans to partner with key fintech companies to increase its crypto investor base and create a research and development center. The crypto exchange also plans to start a dialogue with the government to introduce favorable regulations.
CoinDCX has been granted unicorn status