US crypto's future could fall on these 4 digital asset bills
The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction.
Posts published on July 24, 2023 go to media archive 1/4
Deribit's Bitcoin volatility index hits lifetime lows, hinting sideways action
The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021.
TOKEN2049 Singapore Set to Be World’s Largest Web3 Event With Over 10,000 Attendees
Dogecoin Price (DOGE) Jumps 10% – Here’s Why The Bulls Could Aim $0.085
Dogecoin is gaining bullish momentum above the $0.075 resistance against the US Dollar. DOGE could extend its rally toward the $0.085 resistance zone. DOGE is currently trading in a bullish zone above $0.072 resistance against the US dollar. The…
Japan Signals More Web3 Promotion Policies Are Coming
Japan's Prime Minister Fumio Kishida said on Tuesday that the country plans to improve the environment for Web3 when it comes to using tokens and revitalize the content industry.
Economist Jim Rickards States BRICS Currency Will Leverage Gold to ‘Destroy the Dollar’
Reading the Elon Musk 'tea leaves' — Is Dogecoin coming for Twitter?
A subtle change in Elon Musk’s Twitter bio has reignited rumors Dogecoin may soon be used for payments on Musk’s “everything app.”
Ethereum Price Struggles Below $1,900 – Can Bulls Save the Day?
Ethereum price is showing bearish signs below the $1,900 resistance against the US Dollar. ETH could extend its decline toward the $1,780 support. Ethereum is showing bearish signs below the $1,900 level. The price is trading below $1,880 and the…
Bitcoin Price Hits Next Bearish Target But Bears Are Not Done Yet
Bitcoin price extended its decline and traded below $29,000. BTC is still at risk of more downsides toward the $28,200 support zone in the near term. Bitcoin is gaining bearish momentum below the $29,200 level. The price is trading below $29,500…
Bitcoin Exodus: Exchange Balances Plummet To Lowest Levels Since 2018
Bitcoin (BTC) continues to dominate the cryptocurrency market, as exchange balances have dropped to levels last seen in early 2018. This signals a growing trend of investors moving their Bitcoin holdings to cold storage, which is considered to be…
Decoding Ripple’s Ruling: A Potential Tsunami for the SEC
In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets…
Fidelity Backs Ethereum: Wall Street’s Biggest Players Bet On Crypto’s Number 2
Fidelity, a leading financial services provider, has recently released a report on Ethereum (ETH) that sheds light on some key metrics to watch for the cryptocurrency in the coming months. The report highlights several important indicators…
Binance and CEO Changpeng Zhao seeks to dismiss CFTC complaint
Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC against them.
OpenAI shutters AI detector due to low accuracy
OpenAI has quietly pulled the plug on its AI Classifier because of its low accuracy.
Binance Says It Intends to File Motion to Dismiss CFTC Complaint
Binance, Changpeng Zhao, and Samuel Lim filed a motion Monday night to ask the court for additional allowed length in its response.
Crypto investors cool on Bitcoin funds, turning to Ether and XRP
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill.
First Mover Asia: Bitcoin Holds Its Latest Foothold at $29.1K While Worldcoin Soars
PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.
Over $41 Million in Bitcoin Long Positions Liquidated as BTC Crashes Toward $29K
On July 24, 2023, Coinglass data revealed that over $41 million worth of Bitcoin long and short leveraged positions were liquidated as the BTC prices unexpectedly crashed below a consolidation level of around $29,500, shrinking by over 4%. The drop…
This Technical Signal Says Bitcoin Dominance Has Potentially Peaked
Altcoin sentiment is at extreme lows, but that’s not the only thing reaching extremes. Bitcoin dominance, a measure of the top cryptocurrency by market cap’s weight compared to the rest of the space, also reached the most extreme reading ever on a…
Algeria Readies $1.5B BRICS Bid: Major Move for Membership in the Cards?
As quoted by Ennahar TV, Algerian president Abdelmadjid Tebboune has signaled that Algeria — Africa’s largest nation — is eager to align itself with the BRICS coalition. He conveyed that this significant alignment with the five major emerging…
Crypto Catalysts: Rate Hike Looms as FOMC Begins Latest Monetary Policy Deliberations
The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. The Personal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.
Bitcoin Critical Support Level: Can It Hold $29,250 Before Monthly Candle Close?
Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a sharp decline recently, mirroring the broader decline in the cryptocurrency market. This has led to concerns among Bitcoin bulls, who closely monitor the…
US Presidential Candidate Robert F. Kennedy Jr. To Speak At Mining Disrupt Bitcoin Conference
US Presidential candidate Robert F. Kennedy Jr. was recently announced as a speaker at the upcoming Mining Disrupt 2023, a highly anticipated event in the Bitcoin mining community, taking place in Miami on July 25-27th at the Miami Airport…
Aave May Rally 20% Supported by Historical Levels, But Crucial Resistance Remains
Aave’s price surged to $88 just two weeks ago, but currently, the altcoin is experiencing a correction. Over the past 24 hours, Aave has dropped over 4%, and on the weekly chart, it has depreciated more than 7%. The technical outlook for Aave…
Crypto’s Newest Sector: Telegram Bot Coin Economy Swells to $138 Million
A new player has emerged in the constantly evolving cryptocurrency market: Telegram bot coins. These crypto assets, used within Telegram’s ecosystem, are leveraged to facilitate automated trades for users on decentralized exchange (dex)…
Chainalysis Investigations Lead Is ‘Unaware’ of Scientific Evidence the Surveillance Software Works
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the "canonical" minting of tokens, helping to reduce losses from unofficial bridges.
Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets
Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.