Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
Posts published on August 14, 2023 go to media archive 1/3
XRP Price at Potentially Significant Turning Point, Key Support Nearby
Ripple’s token price is consolidating above $0.620 against the US Dollar. XRP price might start a decent increase if there is a clear move above $0.650. Ripple’s token price is moving lower from the $0.6650 resistance against the US dollar. The…
Base project RocketSwap shares emergency plan following $865K exploit
RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14.
Ethereum Price Plunge To $1,800 On The Horizon, As Bulls Show Weak Hands
Ethereum price is struggling to rise above the $1,850 zone against the US Dollar. ETH could drop toward the $1,800 support in the near term. Ethereum is trading in a range below the $1,850 and $1,860 resistance levels. The price is trading below…
‘Evidence is piling’ for a new crypto bull run: Delphi Digital co-founder
Delphi Digital co-founder Kevin Kelly believes a recent change in a key U.S. manufacturing business index could be one of the bellwethers for a crypto bull run.
Coinbase Launches in Canada — Executive Says Canada ‘Well Positioned’ to Be a Global Leader in Crypto Economy
Binance seeks protective order against SEC’s ‘fishing expedition’
The exchange claims the SEC's deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.
Bitcoin Price Relatively Muted – What Could Trigger A Sharp Decline?
Bitcoin price is still struggling below the $29,650 zone. BTC could gain bearish momentum if there is a close below the $29,100 support. Bitcoin is showing a few bearish signs below the $29,650 zone. The price is trading below $29,400 and the 100…
Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case
Ryan Salame plans to plead the Fifth if he is asked to testify at Sam Bankman-Fried's criminal trial, according to United States prosecutors.
Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
The Federal Deposit Insurance Corporation has warned that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks.
Cardano Whales Rapidly Accumulating, ADA Bull Run Incoming?
There are encouraging on-chain activities in Cardano. According to Santiment, an on-chain analytics platform, on August 14, there were 25,294 wallet addresses with at least 100,000 ADA, the highest in over 16 months. The uptick could signal…
Nobel Laureate Paul Krugman: Alien Invasion Is Inflationary, Government Should Claim Imminent Alien Attack
Nobel Prize-winning economist Paul Krugman believes that an alien invasion would be inflationary, not deflationary. He reiterated that “the government should lie and claim that we were facing an imminent alien invasion.” He added: “If there…
Analysts tip 5 catalysts that could break Bitcoin, crypto from its stupor
Analysts believe spot Bitcoin ETFs, new stablecoin adoption, and an upcoming Ethereum scaling upgrade are among the catalysts that could reignite the crypto markets.
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
The crypto custodian’s bankruptcy comes as it’s been unable to honor customer withdrawals for months.
Bernstein Predicts Spot ETFs Could Claim 10% Of Bitcoin’s Market If Greenlit
According to Bloomberg, a recent research report from Sanford C. Bernstein has shed light on the potential impact of Exchange Traded Funds (ETFs) on the Bitcoin market dynamics. Potential Surge In Bitcoin Market Value Sanford C. Bernstein’s…
Grayscale Bitcoin ETF decision could happen this week, pundits say
The pending Grayscale ruling could impact the race for an approved spot Bitcoin exchange-traded fund.
Robert Kiyosaki Recommends Buying Silver Before It’s Gone
HarryPotterObamaSonic10Inu Casts Spell On The Memecoin Sector And Soars 26%, Which Token Will Follow?
While Bitcoin and the crypto market experienced, HarryPotterObamaSonic10Inu and the memecoin sector are blooming. Recent data points to double-digit gains across the board for these assets, with the potential for further profits if Bitcoin and…
Bitcoin Price Supported By Thin $40 Million Bid Pool, But For How Long?
In the ongoing market turbulence on higher timeframes, Bitcoin (BTC) is at a crucial juncture as a great consolidation phase persists. Research and analysis firm Material Indicators closely monitored the recent weekly candle close/open, paying…
Immutable, Web3 Gaming Platform, Launches zkEVM Testnet in Bid to Diversify Infrastructure
The ZK rollup is built on Polygon Supernets, a program designed to make it easier for developers to spin up new application-specific blockchains.
Immutable zkEVM begins testnet phase with 12 Web3 games in development
The Web3 gaming company announced that its fully Ethereum-compatible network is now available for public testing.
Bitmain to Reveal Groundbreaking Antminer S21 at 2023 World Digital Mining Summit
Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer…
Commodity tokenization is the economic aid Africa needs
Commodity tokenization would enable African countries — such as Ghana and Botswana — an opportunity to empower themselves without relying on international aid.
Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay
The settlement was reached in July and, if the customers agree, it will go before the court for approval in October.
BALD Deployer Moves Proceeds Of The Rug From Base To Ethereum
In a shocking turn of events, the developer behind the controversial meme coin BALD initiated a series of significant transactions, raising eyebrows within the cryptocurrency community. The events surrounding the deployer’s recent actions have left…
Kraken Ventures to raise $100M in second fund, with focus on ‘early stage founders’
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support.
Orange Pill App Secures $250k In Pre-Seed Funding To Shape The Bitcoin Social Layer
Today, Orange Pill App, a social networking app that facilitates real-life connections among Bitcoin enthusiasts, has successfully raised $250,000 in pre-seed funding, according to a press release sent to Bitcoin Magazine. The funding round…
Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions
Sam Bankman-Fried allegedly used more than $100 million in user funds “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation.”
Maker Large Holders Accumulate, MKR Rally To Continue?
On-chain data shows large Maker holders have accumulated recently, a sign that the rally could extend soon. Maker Large Holders Have Continued To Expand Their Holdings Recently According to data from the market intelligence platform IntoTheBlock…