Bitcoin’s relative strength index has dropped well below 30 to its strongest oversold reading since March 2020. Source: https://www.coindesk.com/markets/2023/08/22/bitcoin-looks-most-oversold-since-covid-crash-key-indicator-suggests/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Department of Justice filed its proposed set of jury instructions for Sam Bankman-Fried’s October trial a day before he is set to be arraigned on a new …

A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin …

Sam Bankman-Fried will have five and a half hours with his attorneys, minus any time spent being arraigned yet again Tuesday on his latest indictment, which folded campaign finance …

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house. Source: https://www.coindesk.com/business/2023/08/21/coinbase-buys-a-stake-in-stablecoin-operator-circle-and-usdc-adds-6-new-blockchains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.” Source: https://www.coindesk.com/consensus-magazine/2023/08/21/friendtech-attracted-nba-influencers-so-why-does-everyone-think-cryptos-latest-trend-will-die/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch. Source: https://www.coindesk.com/tech/2023/08/21/friendtech-gains-100k-users-quickly-in-depths-of-a-bear-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers. Source: https://www.coindesk.com/business/2023/08/21/terra-website-compromised-developers-warn-against-phishing-scam/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for August 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said. Source: https://www.coindesk.com/business/2023/08/21/crypto-miners-are-attempting-to-diversify-into-other-business-areas-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines