Crypto Retail Market Is Poised for a Rebound: Gemini
[Sep 10 11:00 AM] Crypto adoption has remained steady in the U.S. and the U.K. in the past two years, the report said.
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Nigeria SEC to Commence Enforcement Action on Unlicensed Crypto Firms: Reports
[Sep 10 10:16 AM] We are certainly going to commence enforcement actions on anyone who wants to operate in this market and does not have the intention of being regulated, Emomotimi Agama, the SEC's Director General said.
Cardano Foundation Reports Massive Growth In These Key Metrics – ADA Price Soars 3%
[Sep 10 10:00 AM] In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected…
Michael Saylor Predicts Bitcoin Will Reach $13 Million in 21 Years
[Sep 10 9:30 AM] Michael Saylor, Executive Chairman at Microstrategy and known bitcoin proponent, gave his personal prediction about the long-term price of the cryptocurrency. On CNBC’s Squawk Box, Saylor stated that BTC would reach $13 million in 21 years…
Bitcoin Price Could Face Challenges With 0.50% Fed Rate Cut, Warns 10X Research
[Sep 10 9:00 AM] A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back…
BBVA Enhances Institutional Crypto Solutions With USDC Integration
[Sep 10 8:30 AM] BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition…
Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction
[Sep 10 7:00 AM] Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have…
Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud
[Sep 10 7:00 AM] The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving crypto. The tool has already been proven useful…
Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023
[Sep 10 4:30 AM] During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas…
Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation
[Sep 10 2:30 AM] The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for clearer crypto regulations in Australia…
Michael Saylor Predicts Bitcoin Will Hit $13 Million, Reveals Expected Date
[Sep 10 2:30 AM] Michael Saylor, co-founder and Executive Chairman of the business intelligence firm MicroStrategy and a well-known Bitcoin advocate, recently reiterated his bullish stance on the leading cryptocurrency during an exclusive interview with CNBC on…
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
[Sep 10 1:30 AM] The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues…
Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum
[Sep 10 1:00 AM] Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are…
Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
[Sep 10 12:30 AM] Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a…
Trump Victory Could Boost Bitcoin to $90K — Harris Win Might Sink BTC to $30K Level, Says Bernstein
Crypto Research Firm Identifies Why The Bitcoin Price Could Crash To $45,000
[Sep 9 11:30 PM] 10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects…
FBI Reports 45% Rise in Crypto Fraud, $5.6 Billion Lost, 71% From Investment Scams
[Sep 9 10:20 PM] The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses…
Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?
[Sep 9 10:06 PM] Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday. …
Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says
[Sep 9 8:30 PM] QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S…
Bitcoin To Break $100K By 2025? Experts Weigh In On Potential New ATH
[Sep 9 8:30 PM] With its overall market valuation down about 30% from its March 2024 record of $2.89 trillion, the cryptocurrency market is reaching a turning point. Investors are worried as the market cap as of September 8, 2024, is $1.93 trillion. Nonetheless, a…
Crypto Analyst Predicts Dogecoin Will Rise 3,600% To $3.7, Here’s When
[Sep 9 7:00 PM] Crypto analyst Trader Tardigrade has made an ultra-bullish prediction for Dogecoin (DOGE), suggesting that the foremost meme coin will rise to $3.7. The analyst also provided insights into when this meteoric rise will happen. When Dogecoin Will…
Coinbase Must Face Shareholder Lawsuit Over Regulator Risk Concerns, Judge Rules
[Sep 9 4:21 PM] A U.S. judge denied in part last week Coinbase's request to dismiss a class action lawsuit from shareholders accusing the exchange of misleading them about its chances of being sued by the U.S. Securities and Exchange Commission.
Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns
[Sep 9 4:20 PM] Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal…
Ethereum Forms Falling Wedge Pattern That Could Send Price To $3,000
[Sep 9 2:30 PM] Ethereum is still one of the worst-performer of the top largest cryptocurrencies by market cap despite being incredibly popular. This bearish movement has seen an increasing number of investors being moved into the red as the price drops. If this…
Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
[Sep 9 11:14 AM] Crypto Exchange Binance subsidiary Tokocrypto has obtained a full license as a Physical Crypto Asset Trader from Indonesia's Commodity Futures Trading Regulatory Agency, known as Bappebti.
Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target
[Sep 9 10:00 AM] Crypto analyst Daan Crypto has highlighted a Bitcoin Rainbow Chart, which has provided insights into the crypto’s current price action. The analyst also suggested that Bitcoin needs to hold above $60,000 to make a bullish reversal. Bitcoin Needs…
Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
[Sep 9 7:50 AM] Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United…
Moscow Exchange Opts out of Russia’s Crypto Trading Program
[Sep 9 5:30 AM] The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision…
Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
[Sep 9 1:30 AM] The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection. In its annual report, the FCA…