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‘FTX Drainer’ Resurfaces: Moves $8M ETH to Defi Platforms
Biggest Movers: LINK Races to 2-Month High, SOL Extends Gains
[Sep 30, 2023 8:01 AM] Chainlink rose for a fourth straight day to start the weekend, as the price surged by as much as 7% in today’s session. The move pushed the token to a two-month high, breaking out of a key resistance level in the process. Solana extended recent…
Bitcoin, Ethereum Technical Analysis: Profit Takers Swoop in to Send BTC, ETH Lower
[Sep 30, 2023 5:45 AM] Bitcoin consolidated to start the weekend, as traders moved to secure gains following recent highs in the market. The global market cap was largely unchanged on Saturday, trading 0.06% lower at the time of writing. Ethereum also declined, after a…
Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin
[Sep 30, 2023 4:30 AM] Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already…
Israel Land Authority Examines Real Estate Tokenization Applications
[Sep 30, 2023 3:00 AM] The Israel Land Authority has called for blockchain experts to determine the different applications of distributed ledger technology in real estate. Implementing this technology could ostensibly present several advantages compared to traditional…
Buenos Aires to Bring Blockchain-Based Digital ID to Millions of Citizens
[Sep 30, 2023 12:00 AM] The city of Buenos Aires has announced that it will roll out a blockchain-based, privacy-focused digital ID wallet starting in October. The Quarkid project, previously known as Tangoid, will allow its users to download a…
Sam Bankman-Fried Trial: A Colossal Legal Showdown Starts Next Week
[Sep 29, 2023 10:00 PM] A calendar has been set for the upcoming trial of United States v. Bankman-Fried, with jury selection beginning October 3, 2023. The FTX founder, Sam Bankman-Fried, was denied temporary release from prison but will be allowed to use an…
SEC Delays Decisions on More Bitcoin ETFs Including That of Blackrock
[Sep 29, 2023 8:00 PM] U.S. Securities and Exchange Commission (SEC) has postponed its decisions on the spot bitcoin exchange-traded funds (ETFs) proposed by several companies. The delays of the applications of financial powerhouse Blackrock, asset manager Valkyrie and…
Bitcoin Traders Eye Bullish Silver Lining in Looming US Government Shutdown, Says Analyst
[Sep 29, 2023 4:00 PM] Numerous reports foretell an imminent U.S. government shutdown, given the anticipated failure of a spending bill to secure passage by Saturday evening — a measure meant to sustain operations till mid-November. On the cusp of this shutdown…
Former Three Arrows Capital Executive Su Zhu Arrested in Singapore
[Sep 29, 2023 2:00 PM] Su Zhu, a founding member of the now-insolvent Three Arrows Capital, was apprehended in Singapore at Changi Airport on Friday, as per the firm’s liquidator, Teneo. Zhu received a four-month prison sentence for failing to cooperate in the…
Bitcoin’s Hashrate Holds Steady Above 400 EH/s Amid Sky-High Network Difficulty
Biggest Movers: XRP Hits 1-Month High, SOL Back Above $20
Gold Hits Nine-Month Low as Bitcoin Climbs Amid Hawkish Fed Stance
[Sep 29, 2023 7:30 AM] Gold prices are wrapping up the week by plummeting to a nine-month low, with the price per ounce descending to $1,858 on Thursday. Transitioning into Friday, gold is changing hands at $1,870 per ounce, marking a decline of 2.8% over the trailing…
Bitcoin, Ethereum Technical Analysis: BTC Above $27,000, ETH Reaches 1-Month High
[Sep 29, 2023 6:47 AM] Bitcoin continued to trade above the $27,000 level on Friday, after a surge beyond this point towards the end of yesterday’s session. Ethereum rallied to a one-week high. Bitcoin Bitcoin remained above the $27,000 level on Friday, following…
Non-Regulation of Web3 Space Making ‘Mainstream Adoption Harder’ Says AGG’s Jack Vinijtrongjit
[Sep 29, 2023 2:00 AM] According to Jack Vinijtrongjit, the co-founder and CEO of the Web3 infrastructure company AAG, more prospective users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to…
Venezuelan Crypto Watchdog Sunacrip Extends Restructuring Period; Community Asks for Clarity
[Sep 28, 2023 10:30 PM] The Venezuelan government has officially announced the extension of the restructuring period for Sunacrip — the national cryptocurrency watchdog — by six months more due to the link of its former head with a corruption scheme. Asonacrip, a national…
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
[Sep 28, 2023 9:00 PM] Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the…
Coinbase CEO Calls on Chase Customers in UK to Close Accounts After the Bank Says It Will Decline Crypto Payments
Binance Advises Paysafe Users to Convert Euro Balances to Tether
[Sep 28, 2023 4:30 PM] Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank…
Ripple Retracts Acquisition Plans for Fortress Trust
[Sep 28, 2023 2:30 PM] Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn’t cite specific reasons for dropping the deal but…
Coinbase Launches Perpetual Futures Trading for Retail Crypto Traders Outside the US
[Sep 28, 2023 12:00 PM] Coinbase has received a regulatory stamp of approval to start offering perpetual futures trading to retail crypto traders outside the U.S., opening up access to the $5.5 trillion global derivatives market. Coinbase Extends Perpetual Futures Trading…
Report Reveals Crypto Whale Center With Majority Of Transactions Crossing $1 Million
[Sep 28, 2023 11:00 AM] A report from blockchain data analytics platform Chainalysis has revealed that the majority of crypto transactions in the United Arab Emirates (UAE) from July 2022 to June 2023 have been whale transactions, crossing over $1 million each. Majority…
Do Kwon’s Defense Declares SEC’s Deposition Request ‘Impossible’ Amid Ongoing Detention Saga
[Sep 28, 2023 10:00 AM] The legal team defending Do Kwon, the co-founder and former CEO of Terraform Labs, argues that the U.S. Securities and Exchange Commission (SEC) lacks the capacity to depose Kwon, deeming it an “impossible” feat. Kwon’s legal counsel additionally…
Biggest Movers: SHIB, DOGE Snap Recent Losing Streaks
[Sep 28, 2023 9:30 AM] Shiba inu snapped a recent four-day losing streak on Thursday, as bulls rejected a breakout below a key level of support. The slight rebound in price came as the global crypto market cap was marginally higher, climbing 0.25% as of writing. Dogecoin…
13 Crypto Exchanges Hold Over 14% of Industry’s Wealth; Binance Dominates with 42% Share of $151B in Reserves
[Sep 28, 2023 7:30 AM] On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 trillion. Among these 13…
Crypto Observers Warn of Risk Aversion as Oil Prices Top $93
[Sep 28, 2023 7:26 AM] The WTI oil has surged by 30% this quarter. The rally could feed into inflation, forcing central banks to keep rates elevated for longer than expected.
Bitcoin, Ethereum Technical Analysis: ETH Moves to 1-Week High, as BTC Consolidates Recent Gains
China Allows Visitors to Top Up Digital Yuan Wallets with Visa, Mastercard, Cash
[Sep 28, 2023 5:30 AM] Trying to make the digital yuan more attractive for foreigners, China has added a “recharge before use” feature to its digital currency system. The upgrade will allow visitors from abroad to replenish a digital yuan wallet through the global…
Europe drives institutional crypto adoption: Blockchain Expo Amsterdam
[Sep 28, 2023 4:13 AM] Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.