MiCA: The good, the bad and the ugly of the EU’s crypto rules
The European Union’s Markets in Crypto-Assets regulatory framework isn’t all good, but it provides a level of clarity foreign to the United States.
Posts published on August 30, 2023 go to media archive 2/4
XRP Poised For Bullish Breakout: Inverted Hammer Formation Signals Rise Above $0.8 Resistance
After the initial excitement surrounding Ripple Lab’s partial legal victory against the US Securities and Exchange Commission (SEC) subsided, XRP experienced a decline that led it to test its 4-month support line at $0.4240. However, the…
Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter
Trump NFT prices spiked after the former U.S. president’s mugshot in police custody was released.
Judge says Sam Bankman-Fried’s lawyers have until Sept. 1 to request a trial postponement: Report
Though the judge reportedly said he would not necessarily grant a postponement, SBF’s lawyers have been pushing for the former FTX CEO to have more time to prepare his defense.
Sensitive data leaked in Kroll cybersecurity breach — Report
The FTX bankruptcy claims agent reportedly confirmed that users’ personal data were leaked, contrary to earlier claims.
Judge dismisses class-action suit against Uniswap over token scam losses
The judge showed rare understanding of DeFi technology and stated the defendants would do better to address their complaints to Congress.
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.
GBTC Shares See Volumes Climb To 2-Year High Amid Grayscale’s Victory Lap
On August 29, the US Court of Appeals ruled in favor of Grayscale in its legal battle against the US Securities and Exchange Commission (SEC). Following this, Grayscale’s GBTC shares trading volume significantly increased, climbing to a 2-year high…
Bitcoin Average Trade Size Jumps to Highest Level Since June After Grayscale Ruling
The increase in average trade size could suggest large traders are more active, said research firm Kaiko.
76% of Vietnamese crypto holders invest based on referrals — Report
Vietnam is currently among the top countries in the world in terms of crypto adoption.
Report: Tether Pivots to Bahamas’ Britannia Bank Amid US Banking Strains
In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped by 1.3%…
US Copyright Office issues notice of inquiry on artificial intelligence
The inquiry seeks information and comments on issues related to the content AI produces and how policymakers should treat AI that imitates or mimics human artists.
Robinhood’s Crypto Wallet Adds Bitcoin and Dogecoin
Robinhood Markets is expanding the assets supported by its crypto wallet.
Controversial Digital Euro Plan to Be Led by Architect of Landmark MiCA Crypto Law
The center-right lawmaker previously negotiated the landmark MiCA crypto law for the European Parliament
Crypto donations fund fire relief efforts on Maui
The Giving Block matched more than $68,000 in crypto and fiat donations to raise more than $136,000 for a project aimed at assisting efforts following the fires in Maui.
$28,100 Next Level To Break For Bitcoin, Here’s Why
On-chain data suggests the $28,100 level could be the next major resistance to break for Bitcoin if history is anything to go by. Bitcoin Short-Term Holder Cost Basis Is Valued At $28,100 Currently As pointed out by an analyst in a CryptoQuant…
Why Good Indexes Are Vital to Crypto’s Future
Indexing is vital for the advancement of new asset classes like crypto, but the U.S. regulatory crackdown is hampering their development.
A Guide to TradFi Blockchain Adoption
As financial institutions look to come on-chain, total value locked, or TVL, is anticipated to be the leading indicator of where adoption will occur.
Biggest Movers: Bitcoin Cash Back Above $200, TON Surges 16% Higher
Bitcoin cash (BCH) was one of Wednesday’s biggest gainers, as markets remained jubilant following the Grayscale court ruling. Following a recent streak of consolidation, the global crypto market cap rose by as much as 4% on the news. toncoin…
Bloomberg Analysts: Spot Bitcoin ETFs Now Have 75% Odds of Launching This Year
Today, Bloomberg ETF analysts Eric Balchunas and James Seyffart raised their odds of a spot Bitcoin ETF approval by the SEC to 75% by the end of this year, and 95% by the end of 2024."The chances of the SEC approving spot Bitcoin ETFs…
Bitcoin analysts doubt BTC price rally as $23K target gains popularity
Bitcoin is not catching a genuine bid despite the buzz around Grayscale, analysis warns, with BTC’s price still able to dive lower.
Large Transactions Put XRP Price Under Pressure: Are Whales Making An Exit?
XRP has had its ups and downs in the past few months, ranging from a 70% price spike from Ripple’s partial victory in court to whales and retail investors taking profit after the price pump. Now, on-chain data has shown that XRP big money…
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are…
30,000 Bitcoins Sold for $0.03 Each, Now Valued at $800 Million
In the evolving Bitcoin market, stories of missed opportunities and astonishing deals abound – however, few are as eye-popping as this sale from August 30, 2010. Unearthed by Bitcoin historian Pete Rizzo, a BitcoinTalk thread shows how an early…
Prosecutors Challenge FTX Founder’s Legal Advice Defense Ahead of Fraud Trial
Binance To Delist Eight BUSD Trading Pairs Soon, End Full BUSD Support By 2024
The world’s largest exchange, Binance, has announced plans to delist eight Binance USD (BUSD) trading pairs as the company looks to withdraw full support of the stablecoin by 2024. This follows increased regulatory pressure on the stablecoin…
‘Cryptosovereignty’: Erik Cason’s New Book Decrypts The Power Of Bitcoin
Erik Cason started his Bitcoin journey in 2012, setting in motion a trajectory that would lead him to working at Coinbase, where he spent four years democratizing access to Bitcoin. Cason’s time there inspired a path that meandered through the…
Ethereum Price Prediction for 2023, 2024, 2025, 2030 and Beyond
Ethereum has rapidly become the second most valuable cryptocurrency after Bitcoin. With its recent transition to a proof-of-stake consensus model and its expanded capabilities, Ethereum’s future looks bright. This guide provides a data-driven…
Genesis lenders call DCG agreement ‘wholly insufficient’
The agreement in-principle reached by DCG and creditors also said that the Ad Hoc Group and Gemini did not support the deal.