Bitcoin price faces 200-week trendline as US dollar hits 6-month high
BTC price centers on the 200-week exponential moving average, while analysts warn that Bitcoin and risk assets are in danger from a surging dollar.
Posts published on September 7, 2023 go to media archive 3/4
Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull
As it turns out, Binance does, in fact, have the power to freeze private wallet addresses on BNB Chain — albeit only with the consensus of all its validators.
Polkadot 2.0 and the future of DOT, explained
Polkadot 2.0 will bring a range of new features and is set to change how the Polkadot network works.
Ripple CTO says 'tide is turning' on US regulatory environment
David Schwartz believes the U.S. legal system is looking more skeptically at SEC cases against various cryptocurrency industry participants.
Former FTX exec is planning to plead guilty to criminal charges: Report
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh.
Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.
Bitcoin Could Decline Further Before A Rebound, Here’s Why
The pattern of an on-chain metric may suggest that Bitcoin could see more downside ahead before a rebound is found. Bitcoin STH SOPR Hasn’t Hit The Bottom Zone Yet An analyst in a CryptoQuant Quicktake post explained that the BTC short-term…
Ark Invest, 21shares, and Vaneck Forge Ahead With Spot Ethereum ETF Applications
The U.S. Securities and Exchange Commission (SEC) has temporarily postponed its ruling on seven bitcoin exchange-traded fund (ETF) applications. Meanwhile, a fresh wave of applications has emerged, with Ark Invest and 21shares, in addition to…
Crypto whale loses $24M in staked Ethereum to phishing attack
A significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat.
NFT Collector: Creative AI art, Tomorrowland sells tomorrow’s future
AI art is gaining acceptance while Squiggles inch closer to the finish line.
Taiwan to restrict unregistered, noncompliant foreign crypto exchanges
Taiwan’s crypto watchdog has drafted 10 guiding principles for virtual asset service providers operating in the country.
Ron DeSantis’ falling polls: Could crypto lose its candidate?
The politician faces harsh competition from pro-crypto candidates of all sorts, with his already shaky popularity in the polls declining.
Understanding crypto custody: What different solutions entail for investors and businesses
Overall, businesses and individuals should constantly scrutinize their custodial strategies to ensure their funds are properly managed.
Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain
Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets.
Bitcoin, Ethereum Technical Analysis: ETH Stalls Around Key Price Floor, as BTC Bulls Remain Sidelined
Ethereum continued to trade around a key price floor of $1,630 on Thursday, as price uncertainty in the market remained high. Volatility has slowed in recent days, leading to crypto prices mostly trending sideways. Bitcoin fell below a support…
Korean Finance Giant Partners With Polygon Labs, Can It Push MATIC Above $1?
A major Korean finance powerhouse, Mirae Asset Securities, has joined hands with a popular blockchain network, Polygon. This partnership has ignited curiosity about how it might impact the price of Polygon’s native cryptocurrency, MATIC. Top…
First Mover Americas: Crypto Trading Volume Hits 4-Year Low
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise
Polygon Foundation denies MATIC dump on Binance, claims wallets were mislabeled
Nansen, which was responsible for labelling these wallets, claimed that these addresses showed strong links to Polygon; however, it removed the label after Polygon CEO’s public refute.
OnChainMonkey Spends Over $1 Million to Migrate NFTs to Bitcoin
In a move that underscores the momentum of Bitcoin Ordinals protocol ecosystem, the OnChainMonkey (OCM) project has committed to migrating its entire digital art collection from Ethereum to Bitcoin. In total, moving the collection, which…
Bitcoin price can hit $46K by 2024 halving — Interview with Filbfilb
Bitcoin has the fuel to claw back some lost ground by the end of the year, but hodlers should be prepared for BTC price local lows first, says the Decentrader co-founder.
Blockchain and AI Are Set to Transform Financial Markets: Moody's
Incorporating AI and DLT into business models may require "substantial investment" at first – but could help lower expenses and improve market liquidity over time, a new report said.
ECB Official Shares Digital Euro Progress, Concerns Over Paypal’s Stablecoin
European Central Bank (ECB) executive board member Fabio Panetta has warned about stablecoins issued by private providers, such as Paypal. He also provided an update on the progress of the digital euro. “At the ECB, our investigation phase is…
B2BinPay v17 Update – the Next Step for Crypto Payment Solutions
The B2BinPay team has just announced the release of B2BinPay v17, a substantial update that polishes and perfects the crypto payment experience. As one of the industry leaders, B2BinPay has been a global go-to facilitator for crypto transactions…
XRP Bulls On The Horizon: Could A Breakout Push Prices Above $0.6?
XRP has been navigating turbulent waters in recent months. After reaching a high of $0.936, the coin took a nosedive to hit the $0.5 mark, leaving investors in a state of uncertainty. With a current price of $0.502574 according to CoinGecko, XRP…
Pantera Capital Leads $16.5M Investment in ZK-Powered DEX Brine Fi at $100M Valuation
The investment happens at a time when crypto venture capital has mostly dried up and trading volumes plummeted.
Binance crypto exchange saw departure of 10 key executives in 2023. Here's the list
Binance CEO Chang Peng Zhao sought to dismiss concerns around executive departures, claiming these executives are moving into bigger roles outside Binance, and said reports are market FUD.
El Salvador Marks Second Anniversary of Bitcoin Legal Tender Law
On September 7, 2021, El Salvador made headlines worldwide by becoming the first country to pass a groundbreaking Bitcoin law, officially recognizing the cryptocurrency as legal tender alongside the U.S. dollar.This historic move, spearheaded…
IMF, FSB release joint policy recommendations for crypto assets
The policy paper includes recommendations for regulating activities related to stablecoins and decentralized finance (DeFi).