House Republicans urge SEC to rescind ‘disastrous’ SAB 121
The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.
Posts published on September 23, 2024 go to media archive 1/4
UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge
Investors in the proposed round would get warrants to buy tokens in the event the prediction market decides to issue one, The Information reported.
Diamond Hand Ethereum Whale Moves 15,000 ETH, Here’s The Destination
A “Diamond Hand” Ethereum (ETH) whale has suddenly emerged, transferring a massive 15,000 ETH token to a major exchange. Given the sheer size of the transaction, this whale has caught the attention of many Ethereum investors and the broader crypto…
‘Worst Airdrop in History’: Hamster Kombat to Reach 131M Users Amid Token Allocation Criticism
Hamster Kombat, the sensation game on Telegram, is on the verge of embarking on one of the largest token distributions in history. The Hamster Kombat team disclosed that the airdrop will reach 131 million users. However, players have criticized the…
21.co’s Bitcoin wrapper to add Chainlink proof of reserve
The integration comes as other Bitcoin wrappers face scrutiny for custody practices.
Polkadot Stalls Below $4.5 Even After Agile Coretime Launch: What’s Going On?
Polkadot (DOT) needs help at spot rates. When writing, DOT is still trading below $4.5 despite the broader recovery. Bitcoin and Ethereum, for example, are trading above local resistances now support, at around $60,000 and $2,400, respectively. DOT…
Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason
Analysts believe that a new altcoin season is entering its early stages. Cointelegraph digs into the data.
Sam Altman says ChatGPT will bring unimaginable prosperity, fix climate
He also said it’ll solve all physics and usher in an era our grandparents couldn’t have imagined.
AI-Related Cryptos Lead Altcoin Surge; Bitcoin Breakout Nears with Several Catalyst in Q4: Analyst
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.
Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations
Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity…
Bank of Canada Redirects Efforts Away From Retail CBDC
The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which…
Hong Kong’s e-HKD project expands into tokenization, programmability
The Hong Kong Monetary Authority is looking at a potential CBDC from a wide perspective.
Bittensor (TAO) Explodes By 81% – Is $530 The Next Target?
Making waves in the crypto industry today, Bittensor (TAO) is showing an impressive annual increase. The current explosion in artificial intelligence adoption has spurred more interest in cryptocurrencies, and Bittensor is conspicuously leading in…
Crypto All-Stars Raises $1.5M in ICO for New Meme Coin Staking Platform
Celestia Foundation secures $100M capital led by Bain Capital Crypto
The investment round’s backers include Bain Capital, Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing Celestia’s total fundraising to $155 million.
Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts
Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days…
Investment managers eye ‘extraordinary upside' from BTC options debut
They could potentially spark "explosively recursive" price upside for Bitcoin, according to one investment manager.
Solana TVL declines, but will SOL price react negatively?
SOL recently rallied to $152 but will a decline in Solana’s network TVL negatively impact the altcoin’s price?
Telegram to Provide More User Data to Government After CEO’s Arrest
Messaging app Telegram made significant changes to its terms of service, chief executive officer Pavel Durov said in a post on the app on Monday.
Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports
Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s…
CFTC eyeing Polymarket, betting platforms amid US elections: Law Decoded
Polymarket and other offshore platforms are under CFTC scrutiny for compliance, and the SEC and German authorities are ramping up crypto crackdowns.
Crypto Needs a Purple Mindset
The politicization of crypto into red-blue corners is not helpful to the industry. It’s time to reject the us vs. them mentality, says Circle’s Josh Hawkins.
JP Morgan's Onyx Blockchain Used for Siemens' Digital Commercial Paper Settlement
The transaction was a milestone for Onyx and SWIAT, which are collaborating to develop digital asset issuance products on blockchain rails for commercial banks.
Blockfi Receives $250M USDC Deposit, Sparking Hopes for Creditor Repayments
Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday…
Ethereum gains 15% in a week — Is a recovery to $3K back in sight?
Ethereum shows strength in its USD and BTC pair as network activity surges. Is a move to $3,000 realistic?
XRP $0.60 Triangle Breakout Could Ignite Parabolic Rally – Key Levels To Watch
XRP trades at a pivotal moment after several days of volatile price action, sparking renewed optimism among investors. Some analysts believe that XRP is on the verge of breaking out from a massive 4-year bullish triangle pattern, which has served…
Bitcoin’s bottom slowly erodes as whale wallets increase by 3%
The number of wallets with less than $10 in BTC swelled by 75% in the same period but cryptocurrency’s middle class shrank.