Blockchain and Crypto News

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

SEC sees temporary setback in request to access Binance.US software

A federal magistrate judge has denied the SEC's request to gain immediate access to Binance.US's software, asking the regulator to provide more specific requests for discovery.

SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US

The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement actions.

Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections

Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run.

Bitcoin investors are bullish on the US Fed’s $100B loss

The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies.

SEC accuses Binance of noncooperation, court unseals case documents: Law Decoded

The legal struggle between the SEC and Binance.US continues, with the company hitting new lows in trading volume.

Citi Token Services will provide payments, liquidity to institutional customers

The new blockchain-based service will use tokenized deposits for trading and liquidity services after two pilots.

Binance vs SEC: Hearing in Washington, DC, over BAM motion to compel starts now

The SEC claims Binance has been uncooperative despite the crypto exchange agreeing to a consent order on discovery in the regulator's case against it.

Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

Canadian fintech corporation WonderFi, a firm backed by billionaire Kevin O’Leary, recently announced a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM.

The partnership, announced on Sept. 18, will shore up Localcoin’s crypto ATM offerings throughout Canada with Bitbuy’s exchange platform and the “deep liquidity” that comes with it, according to a press release from WonderFi.

Bitbuy was the first cryptocurrency exchange to receive full regulatory approval in Canada. It was acquired by WonderFi in the January 2023 purchase of its parent company, First Ledger Corp., for close to $162 million (206 million Canadian dollars).

Localcoin purportedly operates the largest cryptocurrency ATM network in Canada. According to the press release, its 900 machines make up some 33% of the national total — which stands at approximately 2,700, making Canada second only to the United States in total adoption.

According to the press release, with this partnership, “Bitbuy’s digital asset services will cover nearly 50% of Canada’s Bitcoin ATMs.”

Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app.

Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app.

Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares

Crypto investment products have seen over $450 million in cumulative outflows over the past nine weeks.

Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares

Crypto investment products have seen over $450 million in cumulative outflows over the past nine weeks.

Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares

Crypto investment products have seen over $450 million in cumulative outflows over the past nine weeks.

Price analysis 9/18: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL

The failure of the bears to sink Bitcoin’s (BTC) price below $25,000-support ignited buying interest last week. The positive momentum picked up further at the start of the new week and buyers are trying to sustain Bitcoin’s price above $27,000.

Market participants seem to be buoyant on expectations that the Federal Reserve will not hike rates this year. The CME FedWatch Tool shows a 58% probability that the rates will remain at the current levels even in the December meeting.

Daily cryptocurrency market performance. Source: Coin360

That could be one of the reasons why the strength in the United States dollar index (DXY) has not adversely impacted the price of Bitcoin. However, traders need to be careful as the last ten days in September are known to favor the bears. According to the Carson Group, the S&P 500 Index (SPX) has been positive on average only for two days between Sep. 20 and 30 since 1950.

Could Bitcoin and select altcoins extend their recovery further or will bears pull the price lower? Let’s analyze the charts to find out.

S&P 500 Index price analysis

The S&P 500 Index broke above the moving averages on Sep. 14 but the bulls could not keep up the momentum and clear the overhead hurdle at the downtrend line.

image

Price analysis 9/18: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL

Bitcoin and select altcoins are attempting to make a comeback as traders expect the Fed to hold rates steady during their meeting this week.

Price analysis 9/18: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOL

Bitcoin and select altcoins are attempting to make a comeback as traders expect the Fed to hold rates steady during their meeting this week.

The Truth Behind Cuba’s Bitcoin Revolution: Video

Cointelegraph’s latest documentary takes viewers to Cuba, the land of classic cars, communism, hyperinflation and Bitcoin.

SEC claims Ceffu wallet provider is 'Binance-related' in motion against BAM

The securities regulator claims that "Ceffu" is a Binance entity and not merely a digital asset wallet provider.

NYDFS calls for public feedback on proposed crypto regulatory guidance

The proposals included stricter standards on risk assessments for crypto firms as well as a framework for designating token projects to the NYDFS' greenlist

What bear market? These crypto websites see traffic rising in 2023

Crypto exchanges like HTX (formerly Huobi) and OKX have seen its traffic surging 200% and 185% YTD, respectively.

Image