3LAU noted that there risks were necessarily high, but that he has a “responsibility” to avoid any regulatory gray areas.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
Mark Cuban's loses $870K in hot wallet hack
Mark Cuban confirmed that he was hacked, but doesn’t appear to know exactly how it happened as of yet.
Binance CEO responds to rumors, says US executive is 'taking a deserved break'
Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal.
Binance CEO responds to rumors, says US executive is 'taking a deserved break'
Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal.
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF.
Gemini legal team accuses DCG of 'gaslighting' Genesis creditors
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group's plan claiming to offer unsecured creditors a "70–90% recovery".
SEC reverses decision on sealing, redacting some documents in Binance.US case
The documents filed Aug. 28 may be seen by the public in a week. They are not all the sealed documents in the case, however.
Sam Bankman-Fried says, ‘I did what I thought was right,' in leaked docs: Report
Documents provided by crypto influencer Tiffany Fong reportedly revealed details about the former FTX CEO’s life under house arrest and his relationship with Caroline Ellison.
What a US government shutdown would do to Bitcoin
Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin.
3 key Ethereum price metrics suggest that ETH is gearing up for volatility
Ether (ETH) price has been dealing with some strong headwinds and on Sept. 11, the price of the altcoin endured a critical test when it plunged to the $1,530 support level. In the days that followed, Ether managed to stage an impressive recovery, by surging by 6%. This resurgence may signal a pivotal moment, following a month that had seen ETH endure losses of 16%.
Even with the somewhat swift recovery, Ether’s price performance raises questions among investors about whether it has the potential to climb back to $1,850, and ETH derivatives and network activity might hold the key to this puzzle.
Ether/USD price index, 1-day. Source: TradingViewMacroeconomic factors have played a significant role in mitigating investor pessimism given that inflation in the United States accelerated for the second consecutive month, reaching 3.7% according to the most recent CPI report. Such data reinforces the belief that the U.S. government's debt will continue to surge, compelling the Treasury to offer higher yields.
Scarce assets are poised to benefit from the inflationary pressure and the expansive monetary policies aimed at bridging the budget deficit. However, the cryptocurrency sector is grappling with its own set of challenges.
Regulatory uncertainty and high network fees limit investors’ appetite
There's the looming possibility of Binance exchange facing indictment by the U.S. Department of Justice. Furthermore, Binance.US has found itself entangled in legal battles with the U.S. Securities and Exchange Commission (SEC), leading to layoffs and top executives departing from the company.
3 key Ethereum price metrics suggest that ETH is gearing up for volatility
Network, futures and user data all point toward Ethereum potentially charting a new course.
Ethereum launches new testnet ‘Holešky,' allocates 1.6B ETH for devs
Holešky testnet has a 1.6-billion ETH supply at launch, making it potentially more accessible than the older Goerli network.
Ethereum launches new testnet ‘Holešky,' allocates 1.6B ETH for devs
Holešky testnet has a 1.6-billion ETH supply at launch, making it potentially more accessible than the older Goerli network.
BitGo, Swan unveil plans for Bitcoin-only trust company
The trust company targets institutional investors in the United States as asset managers line up for a spot Bitcoin ETF.
Price analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
The recovery in Bitcoin and altcoins is facing selling at higher levels, indicating that the overall sentiment remains negative.
Price analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin (BTC) has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sep. 11. However, Bitcoin is not out of the woods yet.
Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence, while speaking to Cointelegraph said that if the tightening cycle extends, followed by “an uptick in unemployment and more stress in the banking sector, then there could be a bit more pain for risk assets like Bitcoin.”
Daily cryptocurrency market performance. Source: Coin360Cryptocurrency traders have also remained cautious. A Bitfinex report shows that the cryptocurrency industry witnessed capital outflows of $55 billion in August. The drop in liquidity has caused isolated events to “have a bigger impact on market movements,” the report added.
Will Bitcoin turn down and retest its pivotal support? Could Bitcoin’s weakness trigger further selling in altcoins? Let’s study the charts of the top-10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin broke and closed above the 20-day exponential moving average ($26,228) on Sep. 14, indicating that the downside momentum is weakening.
Price analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
The recovery in Bitcoin and altcoins is facing selling at higher levels, indicating that the overall sentiment remains negative.
Bitcoin price all-time high will precede 2024 halving — New prediction
BTC price all-time highs await Bitcoin hodlers before April 2024, says BitQuant — but what happens after will be even bigger.
Celsius and Core Scientific propose $14M settlement for litigation
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million.
Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report
According to local media, Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS).