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Today’s Top Crypto News – Friday 8/19/22

•Crypto Stocks Slide in Premarket Trading as Bitcoin Slumps to $21.5K – CoinDesk “Marathon Digital and Riot Blockchain are both down by more than 10% before the open of U.S. stock exchanges.” •Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis – CoinTelegraph “Analysts are divided on whether the potential NFT […]

By Matt Montemayor · August 19, 2022
Today’s Top Crypto News – Friday 8/19/22

•Crypto Stocks Slide in Premarket Trading as Bitcoin Slumps to $21.5K – CoinDesk

“Marathon Digital and Riot Blockchain are both down by more than 10% before the open of U.S. stock exchanges.”

•Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis – CoinTelegraph

“Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity.”

•HUSD Stablecoin Returns to $1 Peg After Liquidity Problems – CoinDesk

“The HUSD team explained that the de-peg was caused by a market maker account that was closed, causing liquidity issues.”

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