Here are some of the top crypto news headlines for August 30, 2023:

Here are some of the top crypto news headlines for August 30, 2023:

• Bitcoin holds above $26,000 as bearish outlook engulfs crypto market. The price of Bitcoin has been consolidating in the $25,000-$27,000 range for the past few weeks, with bears and bulls vying for control. On August 29, Bitcoin briefly dipped below $26,000 but quickly rebounded. The overall sentiment in the crypto market remains bearish, as investors are concerned about the global economic outlook and the regulatory crackdown on cryptocurrencies.
• Ether whales scooped up $94M in ETH as price plunged to $1.6K. As the price of Ethereum plunged to $1.6K in early August, large investors, known as whales, took advantage of the opportunity to accumulate more ETH. Whales are typically defined as investors who hold more than 10,000 ETH. According to data from WhaleStats, the top 100 ETH whales added an average of 17,000 ETH to their holdings during the sell-off.
• SEC must review Grayscale's Bitcoin ETF bid after previous rejection, appeals court rules. A federal appeals court has ruled that the Securities and Exchange Commission (SEC) must review Grayscale Investments' proposal to launch the first Bitcoin exchange-traded fund (ETF). The SEC had previously rejected Grayscale's application, citing concerns about market manipulation and the lack of a regulated market for Bitcoin derivatives. The appeals court's ruling is a major victory for Grayscale and could pave the way for the first Bitcoin ETF to be approved in the United States.
• Crypto criminals steal over $10bn to date, despite crypto crime slowing down. Despite the overall decline in cryptocurrency prices, the amount of money stolen by criminals in cryptocurrency-related hacks and scams has continued to rise. According to a report by Chainalysis, crypto criminals have stolen over $10 billion worth of cryptocurrency since 2011. However, the report also found that the number of cryptocurrency-related hacks and scams has declined in recent months.
• Jio Financial expresses interest in blockchain, CBDC. Jio Financial, the financial services arm of Indian telecom giant Reliance Industries, has expressed interest in blockchain and central bank digital currencies (CBDCs). In a recent interview, Jio Financial's CEO said that the company is "actively exploring" the use of blockchain and CBDCs to improve its financial services offerings.

These are just a few of the top crypto news headlines for August 30, 2023. Please keep in mind that the crypto market is volatile and prices can change rapidly. It is important to do your own research before investing in any cryptocurrency.