When we are no longer able to change a situation, we are challenged to change ourselves! (weekly crypto updates)

​

​

What happened in crypto the past 2 weeks? Bitcoin is just doing the yo-yo between $58K and $64K. US election is tied to crypto holders. Check the BBH Tribe, as @bradleyarrow just launched its brand-new website. Kucoin seems slightly better than Binance, at least in my country. All-time NFT value is more than 90% down. What else? Read below:

​

• Bitcoin: Somewhere in the middle of August, BTC went down to 58K, and the rest of the crypto promptly followed, with ETH dropping 4.6%, SOL 8%, and BNB and TON also going down significantly. But while prices were falling, institutional investors bought $176M of crypto. Make you think about all this! Marathon Digital is learning from MicroStrategy, offering $250M in convertible notes, to buy some more BTC, the notes mature in 2031 and can be turned into cash, stock or a mix of both. Then it went up to $61K, after lower-than-expected producer inflation data, related to Japan. Yet the miners are going through a tough time, with outflows close to 19.000 BTC per day, the highest number since March. The US government moved $600M worth of Bitcoin (10.000 BTC) from the Silk Road stash into a Coinbase Prime wallet. Coinbase is working on cBTC, a…