Crypto may see second wind in the US as courts 'rein in the SEC' — Lawyer
Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country's securities regulator racks up court losses.
Posts published on August 30, 2023 go to media archive 1/4
South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents
XRP Price Prediction – Topside Bias Vulnerable Unless Bulls Clear This Hurdle
Ripple’s token price is showing bearish signs below $0.550 against the US Dollar. XRP price could start another decline if it trades below $0.500. Ripple’s token price is struggling to recover above $0.540 and $0.550 against the US dollar. The…
Coinbase CEO reveals top 10 crypto ideas he's urging devs to work on
From flatcoins to on-chain advertisements, Brian Armstrong hopes aspiring developers take the time in the bear market to build out these crypto concepts.
Can PEPE make a comeback? Traders, analysts and Pepe maxis weigh in
Cointelegraph also spoke to developers purportedly behind a new PEPE token spin-off, who claim the new one is everything "the old Pepe token should have been."
Ethereum Holds Uptrend Support And Could Aim Fresh Rally To $1,800
Ethereum price is correcting gains from the $1,750 resistance against the US Dollar. ETH is trading above the $1,680 support and might start a fresh increase. Ethereum started a downside correction below the $1,720 level. The price is trading above…
Vivek Ramaswamy: Grayscale win ‘clears a path’ for Bitcoin innovation
The Republican candidate also pledged to rescind all federal regulations that fail the Supreme Court’s major questions doctrine test in the West Virginia vs. EPA case — a potentially positive for crypto.
Bitcoin Price Could Correct Further Before Fresh Increase To $28K
Bitcoin price is correcting gains from $28,000. BTC could correct further lower toward the $26,800 zone before the bulls take a stand. Bitcoin started a downside correction from the $28,150 resistance zone. The price is trading above $26,600 and…
Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto…
Bitcoin To $185,000 if Spot ETF Is Approved: Expert
If the United States Securities and Exchange Commission (SEC) ends up approving a spot Bitcoin exchange-traded fund (ETF) anytime in the coming days or weeks, one expert is confident BTC prices will explode more than 6x to $185,000. As of August…
XRP Lawyer Reacts: Grayscale’s Triumph Paves Way For Bitcoin’s Next Big Thing
The crypto industry echoed the news of Grayscale Investments’ groundbreaking victory over the United States Securities and Exchange Commission (SEC) yesterday. This landmark lawsuit has established intriguing possibilities concerning…
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the…
Coinbase (COIN) And Bitcoin-Related Stocks Soar Following Grayscale’s Victory
Coinbase and other crypto-related companies witnessed a significant rise in stock prices following reports that Grayscale has emerged victorious in its lawsuit against the United States Securities and Exchange Commission (SEC). On Tuesday, August…
Uniswap lawsuit judge calls Ether a commodity in dismissal order
United States District Court Judge Katherine Polk Failla is also the judge overseeing the SEC's lawsuit against crypto exchange Coinbase.
Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts
Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC.
Cardano (ADA) Price Nears A Pivotal Shift – A Breach Into The $0.3 Level?
Cardano (ADA) enthusiasts are eagerly watching the charts as the cryptocurrency’s price forms a distinctive triangle pattern, suggesting an imminent breakout that could mark a significant shift in its trajectory. This technical formation…
Bloomberg Analysts Boost Spot Bitcoin ETF Approval Odds After Grayscale’s Court Victory
In early August 2023, Bloomberg ETF specialists Eric Balchunas and James Seyffart estimated a 65% probability for the approval of a spot bitcoin ETF. However, as August draws to its conclusion, and in light of a U.S. court siding with Grayscale…
Grayscale Victory Sends Bitcoin Open Interest Surging After Hitting One-Year Lows
Over the last couple of weeks, the Bitcoin open interest had been on a downtrend that sent it toward one-year lows. However, with the Grayscale victory against the SEC coming on Tuesday, August 29, and sending a positive wave across the entire…
New Bull Run For Bitcoin If It Breaks This Level, Expert Addresses Elephant In The Room
The Bitcoin price is on the move as bulls take over the market and reclaim previously lost territory. While the rally signals potential, BTC still needs to overcome significant resistance at higher levels. As of this writing, Bitcoin (BTC) trades…
Gemini Opposes Genesis Bankruptcy Plan: 'Woefully Light on Specifics'
Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis' bankruptcy doesn't have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday.
Green Bitcoin Mining: Nodal Power Secures $13M for Landfill Gas Conversion
Utah-based Nodal Power, which specializes in turning landfill gas into energy for powering bitcoin (BTC) mining hubs, recently announced a successful $13 million seed round backed by strategic investors. Bryan Black, Nodal’s CEO, stressed…
Shibarium Reaches Key Goals: Is SHIB Poised For New Heights?
In a surprising turn of events, Shiba Inu (SHIB) experienced a brief consolidation break, reaching a 10-day high of $0.00000850, following the overall market uptrend on Tuesday. This upswing was further fueled by Grayscale’s legal victory…
No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto
Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise.
Grayscale’s SEC Victory May Render Alameda’s Redemptions Lawsuit Unnecessary, Bloomberg Analysts Say
The ruling could lead to Grayscale's GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda's suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.
Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.
Save a Tree, Use Web3
Distributed technologies can reshape supply chains, and help consumers and businesses to make more responsible decisions.
Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale’s victory over the SEC.
Cardano HODLing: Long-Term Holders See 170% Rise In Past Year
On-chain data shows the number of Cardano (ADA) long-term holders has increased by 170% during the past twelve months. Cardano & Litecoin Have Seen Most Growth In Long-Term Holders In a new post on X, the market intelligence platform…
StarkWare Restores Crypto Access for Delinquent Wallet Updaters, After Complaints on X
After users complained on X, StarkWare walked back on a move in which it implemented an upgrade that made users' funds inaccessible.
PYUSD’s Modest Footprint: A Tale of Languid Activity Amidst Stablecoin Titans
Following Paypal’s declaration about the introduction of a fresh stablecoin, the smart contract address has revealed that the quantity of PYUSD stood at approximately 26.9 million. In the subsequent 22 days, the supply of PYUSD has risen by…