BTC Price Climbed Back Above $9,500, Scammers Target Canadian Bitcoin ATM Users, & Other News
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by Cointelegraph
Price Analysis 30/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM BTC price climbed back above $9,500 today. However, regulator analyst Josh Rager has warned that a fresh price breakdown at current levels would send Bitcoin's price to an area around $8,700. To find out the reasons why Bitcoin's price dropped below $10K, read our market analysis
Scammers Target Canadian Bitcoin ATM Users With 'Out of Order' Sign Scammers in Winnipeg, Canada, attached a printed notice to two ATMs with an explanation that the machines were undergoing a software upgrade. Due to this, users are dissuaded from depositing their bought coins into their own wallets but are advised instead to use a QR code provided. Following the instructions on the poster will lead to an irretrievable loss of Bitcoin, police warned.
Samsung Galaxy S10 Now Supports Three Stablecoins Following integration with major cryptos, South Korean tech giant Samsung expands the coins supported by the Galaxy S10 device with three stablecoins, such as TrueUSD (TUSD), Maker (MKR) and USD Coin (USDC).
Germany's Bitwala Launches All-In-One Mobile Bitcoin Bank App German blockchain-based banking startup Bitwala announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallets and trading.
Billionaire Alan Howard Eyes $1 Billion Crypto Fund Management Venture Elwood Asset Management — owned by British billionaire and Brevan Howard founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. While details of the product remain to be finalized, the new fund could enable investors to determine input factors, such as the level of risk they are willing to court, their expectations of returns and liquidity terms.
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