SEC Commissioner Mark Uyeda Calls for S-1 Form Tailored for Digital Assets
[Sep 3 11:54 AM] Uyeda said the U.S. agency can work with crypto firms to figure out how to differentiate S-1 forms for digital assets.
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Latam Insights Encore: Learning From El Salvador’s Lesson on Using Bitcoin as a Rebranding Tool
[Sep 3 11:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how other countries can learn to use bitcoin as a rebranding tool, following El…
Bullish Alert For Dogecoin: TD Indicator Flashes Buy Signal As $0.10 Target Looms
[Sep 3 9:00 AM] The broader cryptocurrency market has endured significant corrections over the past six months, primarily driven by the two largest digital currencies: Bitcoin (BTC) and Ethereum (ETH). Dogecoin (DOGE), the leading meme coin, has not escaped this…
Is Ethereum Headed For Trouble? Analyst Warns Of Surging Exchange Reserves
[Sep 3 8:00 AM] Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant pressure in recent weeks. As its price continues to fluctuate, analysts have been observing its market signals to determine whether the current phase…
Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church
[Sep 3 7:30 AM] The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that…
Bitcoin Price Prediction: VanEck Envisions $2.9 Million BTC By 2050
[Sep 3 7:30 AM] Amid ongoing volatility for the Bitcoin price, which has struggled to reclaim its all-time high of $73,700, bullish predictions continue to emerge for the leading cryptocurrency. The latest forecast comes from VanEck, asset manager and Bitcoin ETF…
50% of Telegram tap-to-earn gamers are crypto noobs — Blum CEO
[Sep 3 6:31 AM] Telegram tap-to-earn games have “finally” brought the mass adoption to crypto the industry has waited for, says Blum founder and CEO Gleb Kostarev.
TON Blockchain Reaches 1 Billion Transactions
[Sep 3 6:30 AM] The TON blockchain recently announced it has reached a milestone, registering a billion completed transactions on its network. Through its social media channels, the TON network team explained that half of this volume had occurred during the last…
Bitcoin Eyes $68,000 In September: Could This Be The Turning Point?
[Sep 3 6:30 AM] Bitcoin, after experiencing a blood bath last Month, several analysts have re-analyzed its price action to see what this new month of September might hold for the Bitcoin Market. Amongst them, a renowned crypto analyst known as Mags on X has…
Venezuelan President Nicolas Maduro Proposes Retaking the ‘Crypto Path’
[Sep 3 3:30 AM] Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales paid in crypto. Maduro stated…
Road To $5,000: Ethereum Maintains Similarities With 2016 Price Movements
[Sep 3 3:30 AM] The Ethereum price action has significantly underperformed traders’ expectations over the past few months. Ethereum is currently trapped in a bearish trend, with its price now down by 23% over a 30-day period. This downturn contrasts sharply…
SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions
Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’
Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says
[Sep 2 11:00 PM] The Bitcoin recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin…
SUI Crashes 23% As September Unleashes Market Panic—Is A Comeback Possible?
[Sep 2 9:30 PM] With the market at an extremely volatile position, SUI bears pushed their advantage forcing losses on the token’s holders. Despite strong developments on-chain, SUI still flashed red with over a whopping 23% losses since last week. On-chain, SUI…
Russian Analyst Examines Post-Airdrop Performance of Hamster Kombat Token
[Sep 2 7:27 PM] Vladislav Antonov, a financial analyst at Bitriver, one of Russia’s largest mining data center operators, believes that post-airdrop interest in Hamster Kombat, the popular tap-to-earn game, will grow quickly. However, if the game fails to…
Bilateral Settlement Between China and Russia Worsens Due to New Sanctions
[Sep 2 11:30 AM] The payment flow between China and Russia is being disrupted once again due to the enactment of a new package of sanctions that includes 46 Chinese companies allegedly assisting the Russian war effort. This has affected imports of dual-use…
Lone Survivor: Helium (HNT) Soars 18% As Most Cryptos Collapse
[Sep 2 11:00 AM] September started weak for the broader crypto market as it burned down 3% in favor of the bears. Despite this, Helium (HNT) continues to shrug off the fear, uncertainty, and doubt that plague the market environment. According to CoinGecko, HNT went…
Extremely Unlikely WazirX Customers Will Be Made Whole in Crypto Terms: Legal Advisers
[Sep 2 8:47 AM] It is extremely unlikely that WazirX customers will be made whole in crypto terms through the restructuring, legal advisers of the Indian cryptocurrency exchange said.
The Curse Of September: Is Another Massive Bitcoin Sell-Off Coming?
[Sep 2 6:30 AM] Bitcoin has suffered its second worst monthly close in the year 2024 after completing August with 8.6% losses. This falls short only to April losses when the price fell 14.76% in one month. As this red close has shaken investors, mixed feelings…
Crypto execs plan to raise $100K for Harris at fundraiser: Report
[Sep 2 5:50 AM] A group of crypto industry players want to persuade Kamala Harris to soften on crypto as she maintains a slight lead in national polling over Donald Trump.
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
[Sep 2 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining…
Bitcoin miners see worst revenues in 11 months as difficulty climbs
[Sep 2 3:48 AM] August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year.
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
[Sep 2 3:30 AM] South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a…
Coinbase Reports Its First AI-to-AI Crypto Transaction
Court Approves BTC Loan for Bankrupt Bitcoin Mining Firm
[Sep 1 11:30 PM] Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike…
Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention
[Sep 1 8:30 PM] The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited…
Gaming Blockchain Oasys Announces Partnership With Japanese Conglomerate SBI Holdings
[Sep 1 10:08 AM] Oasys, a Web3 gaming-oriented blockchain project, announced a strategic partnership with SBI Holdings, one of the largest financial conglomerates in Japan. As part of this partnership, Oasys secured an undisclosed amount of funding to grow the…
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
[Sep 1 8:30 AM] A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure…
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
[Sep 1 12:30 AM] Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the…