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Kraken Daily Market Report for August 19 2021

Overview Total spot trading volume at $1.42 billion, the 30-day average rose to $1.12 billion. Total futures notional at $383.4 million. The top five traded coins were, respectively, Bitcoin (+4.6%), Tether (0%), Cardano (+16%), Ethereum (+5.6%) and Ripple (+7.8%). Most coins had positive returns, especially from Kusama (+16%) and OMG (+19%). August 19, 2021  $1.42B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $46765. ↑4.6% $369.5M…

Swedish Government returns $1.5M worth BTC to drug dealer sitting in jail

In a bizarre turn of events, the Swedish government has decided to return Bitcoin worth about $1.5 million to a drug dealer who is currently serving time in prison. The crypto-verse had been associated with crime time and again. Since the industry wasn’t entirely regulated, criminals and drug dealers decided to use crypto assets to…

Cincinnati’s mayor enters Democratic race for governor of Ohio, pitching legal weed

CLEVELAND — Cincinnati Mayor John Cranley launched a long-expected campaign for governor of Ohio on Tuesday, setting up a potentially discordant and expensive primary for Democrats in a state they have led for only four of the last 30 years.Cranley is pitching his candidacy around a push to legalize recreational marijuana in the state, either…

Billions are pouring into the business of decarbonisation

“NERDS WILL invent the future,” declared Vinod Khosla in 2010. The venture capitalist was not talking about the sorts responsible for e-commerce sites, games apps or social-media platforms. Rather, his speech at the California Institute of Technology was intended to inspire brilliant engineers and scientists to pursue climate-related innovation. The “clean tech” investment bubble had…