Kryptowaluty - wiadomości
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![]() 26.09.2023 21:21 As the world of
cryptocurrency continues to expand, Bitcoin remains the most well-known and
extensively used digital currency. It has established itself as a valuable
store of value and a potential inflation hedge. However, many fans and
investors are wondering whether Bitcoin can transition from being solely a
store of wealth to a mainstream form of payment in 2024 and beyond. The
Evolution of Bitcoin: From Digital Gold to Digital CashSatoshi
Nakamoto, the enigmatic developer of Bitcoin, envisioned it as a peer-to-peer
electronic payment system. It has undergone considerable changes over the
years, with many now perceiving it as digital gold or a long-term store of
value rather than a medium of exchange for everyday transactions.The limits of
Bitcoin's blockchain technology contributed to the shift from a digital
currency system to a digital gold narrative. Because of scalability concerns
and transaction fees, the Bitcoin network was less viable for modest, everyday
transactions when [...] financemagnates.com |
![]() 26.09.2023 21:10 Coinbase has suspended its plans to acquire FTX Europe, a
move that was aimed at enabling it to enter into the European derivatives
market. This turn of events happened as a response to the regulatory challenges
in the US crypto market. Coinbase targeted FTX Europe due to its profitable
derivatives operations under the Cyprus regulatory license. As the exclusive
provider of perpetual futures in Europe, FTX Europe has a substantial share of
the region's trading volumes. Its derivatives transactions constitute nearly
75% of the worldwide crypto trading volume, which witnessed a robust growth of
13%, reaching $2 trillion in June.Coinbase Faces Regulatory ChallengesFTX Europe's profitability attracted a number of potential
suitors following its parent company's declaration of bankruptcy in 2022. Among those interested in the deal are industry players like Crypto.com
and Trek Labs.Derivatives are financial instruments linked to the value of
underlying assets such as Bitcoin and Ether. They [...] financemagnates.com |
![]() 26.09.2023 21:03 Ripple's newest head of U.S. public policy previously worked in similar roles at Softbank Group, Zoom, and Lyft following six years in government. cointelegraph.com |
![]() 26.09.2023 21:00 Consistent with the volatile crypto market, the past few months have been filled with uncertainty for Bitcoin (BTC). However, the bears appear to be in control, with the premier cryptocurrency trending toward the $26,000 mark in the past few days. Despite the struggling Bitcoin price action, investors seem uninterested in taking short-term interests or cutting their losses, with BTC spot trading volumes hitting lows rarely seen in years. “Macroeconomic Scenario” Responsible For Bitcoin Volume Decline According to recent research from on-chain analytics provider CryptoQuant, Bitcoin spot trading volume has declined to a six-year low. This latest data, which tracks trading activity on various exchanges, shows the decline BTC volume has experienced in recent weeks. CryptoQuant data revealed that the transaction volume of Bitcoin across exchanges roamed between 8,000 and 15,000 daily transactions in the past week. This reflects an abrupt decline from the 600,000 daily transactions [...] newsbtc.com |
![]() 26.09.2023 20:48 The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche. cointelegraph.com |
![]() 26.09.2023 20:30 The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned an Ethereum wallet used by the Sinaloa Cartel to launder money from fentanyl sales in the U.S. Mario Alberto Jimenez Castro, an accused money launderer for the cartel’s Los Chapitos faction, allegedly directed the use of cryptocurrency and wire transfers to pay cartel leaders […] bitcoin.com |
![]() 26.09.2023 20:00 The company behind the XRP Ledger crypto wallet, Xumm, unveiled its plans to launch an “Infrastructure Overhaul” for the network. The company claims the upgrade will push the XRPL to the next level. According to an official announcement shared with Bitcoinist: This isn’t just a technical upgrade; it’s a strategic move to reshape the very foundation of the XRPL, ensuring a sustainable, efficient, and inclusive future for all participants. Related Reading: XRP Price Prediction – Will Recent Correction Trend Push XRP Under $0.50? XRP Ledger Upgrade Goes Beyond? Implications For The Network Xumm believes the XRP Ledger has an “advanced” infrastructure, but they aim to address some key issues impacting “flexibility” and performance. The company believes that with its present capabilities, the network has difficulty processing transactions and fetching historical data. In the long run, these issues could affect the ledger’s capacity to onboard new users and use cases. Xumm’s new update is [...] newsbtc.com |
![]() 26.09.2023 20:00 Launched in May, the Gemini Gurgaon Hub has since added over 70 staff. cointelegraph.com |
![]() 26.09.2023 19:30 The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. cointelegraph.com |
![]() 26.09.2023 19:20 An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies. cointelegraph.com |
![]() 26.09.2023 19:11 MoneyGram International, Inc. has announced plans to launch
a non-custodial digital wallet. Slated for release in the first quarter of
2024, this wallet aims to enhance cross-border payments. It offers consumers a
bridge between fiat and digital currencies.This announcement came during MoneyGram's Chief Executive
Officer, Alex Holmes', presentation at the Stellar Development Foundation
annual Meridian conference.MoneyGram Eyes Blockchain TechnologyHolmes stated: "The MoneyGram non-custodial digital
wallet advances this mission even further. We're thrilled to have the vision,
strategic plans, innovative technology and expansive retail network in place to
continue offering consumers access to the digital economy." "As a global fintech, the work we're doing on the
blockchain is one of the many ways we're thinking differently about how
MoneyGram's services can play a broader role in the lives of consumers
globally. We're excited to continue to share more in the coming months."Building [...] financemagnates.com |
![]() 26.09.2023 19:00 Data shows that the Bitcoin mining sector has become the most sustainably-powered global industry, as more than 50% of it uses clean energy. Majority Of Bitcoin Mining Industry Uses Clean Energy Sources One of the main criticisms against BTC is that the sector uses a considerable amount of energy and, thus, releases a notable amount of emissions. Things appear to be developing for the better and quite fast. In a new post on X, the co-founder of CH4Capital, Daniel Batten, has shared a few charts that look into the sustainability of the BTC network and how it compares with other sectors. The first chart displays the trend in the percentage of sustainable energy used by Bitcoin mining and other industries over the last four years. The trend in the clean energy used by the various global industries | Source: @DSBatten on X As shown in the above chart, most industries have seen minimal growth in using sustainable energy during this period. The Banking Sector, the second largest in terms of [...] newsbtc.com |
![]() 26.09.2023 18:58 After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well. cointelegraph.com |
![]() 26.09.2023 18:30 JPMorgan Chase & Co.’s U.K. division, Chase UK, is putting the brakes on cryptocurrency-related payments. Come October 16, any Chase UK customers attempting to make a bank transfer or card payment linked to crypto will find themselves thwarted. Chase UK to Halt Crypto Payments in Mid-October Chase UK customers are about to hit a roadblock […] bitcoin.com |
![]() 26.09.2023 18:12 An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States. cointelegraph.com |
![]() 26.09.2023 18:00 As the bear market continues to linger, several market analysts have pointed out key metrics or factors that show that the Bitcoin bull market might not be far off. This time, Bloomberg analyst Jamie Coutts has identified key Bitcoin adoption metrics that provide bullish signals to the crypto community. What Are These Key Bitcoin Metrics? In a tweet shared on his X (formerly Twitter) platform, Coutts noted that “HODLers” and transactions on the Bitcoin network were at an all-time high. According to the update he shared, the number of addresses holding more than 1 BTC is at its highest over the last five years. Related Reading: Market Analysts Outline When The First Spot Bitcoin ETF Will Be Approved In the past month, there has also been close to a 1% increase in persons holding more than one 1 BTC. Meanwhile, the volume of Bitcoin transactions, entity-adjusted ones, has surged by over 9% in the past month. This metric also has a 99.8% percentile over the last five years. These two [...] newsbtc.com |
![]() 26.09.2023 18:00 Being fully aware of both the strengths and weaknesses of bots can help traders leverage them with optimal success. cointelegraph.com |
![]() 26.09.2023 17:31 Bitcoin cash rose by as much as 5% on Tuesday, as bulls extended recent gains following last week’s consolidation. The token rose for a second consecutive session, moving closer to a resistance level of $225 in the process. BNB also climbed, pushing towards a ceiling of its own at $220. Bitcoin Cash (BCH) Bitcoin cash […] bitcoin.com |
![]() 26.09.2023 17:27 Taiwan's Financial Supervisory Commission (FSC) has
introduced a set of stringent rules, effectively banning unregistered foreign
cryptocurrency exchanges from operating within the country. This action occurs
as part of Taiwan's commitment to enhancing investor protection and promoting
responsible practices within the crypto industry.The FSC has outlined key measures to regulate the
cryptocurrency market within its borders. These guidelines, released on
September 26, specifically target virtual asset service providers (VASPs)
operating in Taiwan. The rules include industry-standard practices such as
segregating the exchange's treasury assets from customer assets and
establishing mechanisms for listing and delisting crypto assets.Notably, the FSC has imposed strict restrictions on foreign
VASPs, preventing them from offering their services in Taiwan unless they have
received the necessary approvals and registrations from the regulatory
authorities. "Overseas virtual asset platform [...] financemagnates.com |
![]() 26.09.2023 17:17 The move follows the crypto exchange’s successful VASP registration in Italy. cointelegraph.com |
![]() 26.09.2023 17:07 Coin Fam????????☀️ In the last article we teased VESA being in Switzerland, and how the country is advancing leaps and bounds in the eyes of the international crypto community, but today we will give you the lowdown on what the Swiss Web3 Fest was all about and who are the people in the ecosystem behind it. To preface why the following is important, it’s good to mention something. VESA has been working with a bunch of people, from big to small companies and beyond, and what is quite frightening is the ratio of competent people even in big organisations, who have their shit together. It is R A R E. So, let’s get to it.The Crypto Oasis founders (from left) Saqr, Ralf, and Faisal with us at the Art In Space gallery in Dubai earlier From Crypto Oasis to Crypto Valley and back ???? If you have been connected to the crypto scene in Dubai at all, you must have heard of Crypto Oasis. The spearhead pack is the fastest growing crypto ecosystem in the world, but not everyone knows of their [...] newsbtc.com |
![]() 26.09.2023 17:00 Increasing energy availability for production is not enough to stimulate GDP growth, that energy must actually be consumed and put to use. bitcoinmagazine.com |
![]() 26.09.2023 16:45 On-chain data shows the largest of the Bitcoin whales have returned to distribution, a sign that could be bearish for the asset’s price. Bitcoin Investors With More Than 10,000 BTC Are Selling Again As explained by analyst James V. Straten in a new post on X, the BTC whales, who had earlier been in a phase of accumulation, have switched their behavior to that of distribution now. The relevant indicator here is the “Trend Accumulation Score” from Glassnode, which keeps track of whether Bitcoin investors have been buying or selling during the past month. This metric finds this value by looking at the balance changes in the addresses of the holders. The score also puts a higher weightage on the larger entities, meaning that the accumulation of a few large holders would be more significant for the indicator than the behavior of the smaller hands. Related Reading: Bitcoin Social Media Talk Drops To 3-Month Low, All Eyes On Altcoins? When the Trend Accumulation Score has a value close to 1, [...] newsbtc.com |
![]() 26.09.2023 16:34 BTC price support and resistance lines in the sand are crystallizing amid a fresh bout of low volatility for Bitcoin. cointelegraph.com |
![]() 26.09.2023 16:00 Casey Rodarmor, creator of Bitcoin Ordinal inscriptions, introduced a new fungible token protocol named Runes in a blog post September 25, 2023. Although uncertain if it’s a “good idea,” Rodarmor believes a robust fungible token protocol could “bring significant transaction fee revenue, developer mindshare, and users to Bitcoin.” Bitcoin’s Ordinals Pioneer Presents New ‘Runes’ Protocol […] bitcoin.com |
![]() 26.09.2023 16:00 The Web3 security platform now allows projects to deposit bounty funds to a Safe smart contract, proving the funds are available. cointelegraph.com |
![]() 26.09.2023 15:35 Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions starting Oct. 16. cointelegraph.com |
![]() 26.09.2023 15:30 Ethereum liquid staking platforms are making waves in the decentralized finance (DeFi) ecosystem. Recent on-chain reports have revealed that liquid staking protocols have recorded a new milestone in the number of Ether (ETH) staked, reaching a staggering 12 million ETH mark in just a few days. Ethereum Liquid Staking Gains Momentum With Ethereum 2.0 thriving, liquid staking protocols in the DeFi ecosystem have been growing rapidly despite recent market volatility. Research data from DeFi TVL aggregator, Defillama, revealed on Monday, September 25, the tremendous growth of Ethereum holdings in liquid staking platforms. According to the data, the ETH in liquid staking protocols has risen to approximately 12.31 million and may continue rising. Related Reading: Number Of Ethereum Addresses Losing Money Just Reached A New All-Time High Reports uncovered that a staggering 370,000 ETH were staked in just five days, allowing liquid staking protocols to reach their current 12 million mark. [...] newsbtc.com |
![]() 26.09.2023 15:30 The French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments. cointelegraph.com |
![]() 26.09.2023 15:30 Tim Draper’s first big Bitcoin prediction came off without a hitch, but he says the current administration is making his second one look bad. cointelegraph.com |
![]() 26.09.2023 15:28 The noncustodial wallet will continue MoneyGram’s remittance focus, allowing users to easily convert their digital assets to fiat. cointelegraph.com |
26.09.2023 15:01 Cointelegraph talks with Coinbase protocols lead and Base creator Jesse Pollak about the company’s new blockchain, which is already a force to be reckoned with. cointelegraph.com |
![]() 26.09.2023 15:00 The round was led by Ten31, with participation from Axiom BTC, Bitcoin Magazine Fund, Timechain, and Bitcoin Opportunity Fund. bitcoinmagazine.com |
![]() 26.09.2023 14:47 Bitcoin rebounded from a multi-week low on Tuesday, as markets awaited the latest consumer confidence report in the United States. The latest figures from the Conference Board are expected to show a slight decline, with a reading of 105.9 in September. This will be down from 106.1 the month prior. Bitcoin Bitcoin was back in […] bitcoin.com |
![]() 26.09.2023 14:34 We are excited to announce we have received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, we have also successfully registered with the Bank of Spain as a Virtual Asset Service Provider (VASP). These authorizations highlight our ongoing commitment to growing our European business. The EMI license, granted to […] blog.kraken.com |
![]() 26.09.2023 14:13 Sam Bankman-Fried, the Founder of the now-defunct cryptocurrency
exchange FTX, has made a renewed request for temporary release from jail as he
awaits trial, according to a letter submitted by his legal team to the
overseeing judge.Renewed
Plea: Bankman-Fried's Latest Bid for ReleaseThe journey towards this request began in August when
Bankman-Fried's release on bond was revoked. He was incarcerated after a judge
ruled that he had likely attempted to tamper with witnesses. On September 12,
his request to overturn this decision was denied, and the appeal to reverse the
ruling was met with rejection on September 21.In their latest plea, Bankman-Fried's lawyers noted that the
court had not definitively closed the door to further applications from the
defense. They argued that the practical challenges of preparing for the trial,
including receiving a lengthy list of potential witnesses, thousands of pages
of materials, and over 1,300 exhibits from the government, made a strong case
for [...] financemagnates.com |
![]() 26.09.2023 13:58 Maker DAO’s MKR has recorded a big push amid the slight uptick in the broader cryptocurrency market. Yesterday, September 25, the token rose from a low of $1,265 to a high of $1,343. Although most tokens struggle to recover, MKR consolidated on its upswing with an impressive 5% 24-hour increase. MKR trades at $1335, striding to conquer the critical resistance at $1,350. Its latest strides show buyers are in control, and their activity could facilitate more gains for MKR. But is the bullish momentum strong enough to push MKR to the $1,500 price mark? Let’s find out. Related Reading: Market Analysts Outline When The First Spot Bitcoin ETF Will Be Approved MKR Stands Among Top-gaining Cryptocurrencies MKR ranked number one among today’s top-gaining cryptocurrencies, gapping Chainlink and Bitcoin Cash by 2%. This comes while the overall crypto market cap recorded a slight uptick of 0.63%, with the trading volume down 4%, indicating a decline in trading activity. However, amid the sparse [...] newsbtc.com |
![]() 26.09.2023 13:52 Besides local exchanges like Maicoin, major global crypto trading firms like Binance, Bybit and Kraken have also been serving customers in Taiwan. cointelegraph.com |
![]() 26.09.2023 13:50 Crypto influencer Ben ‘Bitboy’ Armstrong has been reportedly arrested while livestreaming his attempt to confront a former business partner. Excerpts from the Youtube video released on social media show him explaining to police the reasons for his deed, including the alleged theft of his Lamborghini. Bitboy Crypto Gets Detained in Front of Former Business Partner’s […] bitcoin.com |
![]() 26.09.2023 13:48 The government will spend six additional months reorganizing the entity, which it shut in March 2023. cointelegraph.com |
![]() 26.09.2023 13:36 A similar report from another Chinese court in September recognized cryptocurrencies as virtual properties protected by law. cointelegraph.com |
![]() 26.09.2023 13:30 The U.S. Better Business Bureau (BBB) has issued a warning about a surge in “money-flipping” crypto investment scams on Tiktok. “They may ask for fees several times,” the BBB cautioned, adding that if you question them, “they may resort to scare tactics, telling you that if you don’t pay, you’ll miss out on the giant […] bitcoin.com |
![]() 26.09.2023 13:20 Bitcoin spot exchange trading volumes have disintegrated since March, while BTC price action has gone barely anywhere, research shows. cointelegraph.com |
![]() 26.09.2023 13:09 A crypto exchange claiming $1.7 billion in daily trades on its website and $1.4 billion in daily trading volume on CoinMarketCap had reportedly displayed false license data. cointelegraph.com |
![]() 26.09.2023 13:08 The institutional Bitcoin asset management sector could swell to a $650 billion industry within the next five years, a new Alliance Bernstein report finds. bitcoinmagazine.com |
![]() 26.09.2023 12:45 Cardano (ADA) finds itself at a pivotal juncture as it tests its longstanding support at $0.24. This critical level has held firm for nearly three years, emerging as a significant accumulation point for savvy investors. The recent daily candle hints at a somewhat neutral stance in the market. This slight uptick in price suggests a potential dissipation of the strong bearish sentiment that has lingered, with traders now recognizing renewed buying interest hovering around the $0.24 mark. Bullish Hopes Rest On Breaking Sustained ADA Resistance The eyes of Cardano enthusiasts are now fixed on a key resistance level, as breaking free from this barrier could set the stage for a significant trend reversal. According to a price report, should Cardano manage to surpass this critical resistance point, it could spark a rally, potentially pushing prices upward by approximately 6%, with the next major hurdle resting at $0.25. Should this upward momentum persist, it could further drive the coin’s [...] newsbtc.com |
![]() 26.09.2023 12:29 In a move
to bolster retail investors' protection, Hong Kong's Securities and Futures
Commission (SFC) has announced a series of new measures this week. These
initiatives come on the heels of the JPEX crypto exchange debacle, which
exposed vulnerabilities in the city's regulatory framework for virtual assets.
The SFC's new measures aim to enhance transparency, improve public awareness,
and tighten regulations around crypto trading platforms.JPEX Blowup Prompted
Response from Hong Kong RegulatorIn June
2023, Hong Kong opened up to retail cryptocurrency trading, significantly
relaxing the country's existing rules. However, the number of licensed
platforms that could provide these services remains small, a fact exploited by
other, unregulated entities to attract new customers. One such exchange was
JPEX, which is now facing serious issues with the withdrawal of investor funds.To combat
the disinformation, the SFC plans to publish a comprehensive list of licensed Virtual
Asset Trading [...] financemagnates.com |
![]() 26.09.2023 12:02 The lawyer representing Sam Bankman-Fried has renewed a request for temporary release before his upcoming trial for preparation purposes. cointelegraph.com |
![]() 26.09.2023 12:00 The Hong Kong securities regulator has said it now publishes a list of firms seeking to operate crypto trading platforms in the region. Julia Leung Fung-yee, the CEO of the Securities and Futures Commission (SFC), said divulging the names of applicants is intended to help placate an investing public recently ruffled by the Jpex incident. […] bitcoin.com |
![]() 26.09.2023 11:30 In a recent development, analysts at asset management firm Bernstein have predicted when the US Securities and Exchange Commission (SEC) will likely approve the first Spot Bitcoin ETF. When Will The First Spot Bitcoin ETF Be Approved? According to the analysts, the pending Spot Bitcoin ETF applications could be approved early next year. They made this projection in line with the recent court ruling in the Grayscale case, which they believe could force the SEC’s hands. Related Reading: $200 Million In Crypto Lost As Mixin Network Comes Under Attack The court had ruled in favor of Grayscale in a case in which the asset manager argued that the Commission had acted arbitrarily and capriciously by not giving its Spot Bitcoin ETF application the same regulatory treatment it did to Bitcoin futures ETFs. As part of its ruling, the court ordered the Commission to review the application again. Many saw this as a major win and proof that a Spot Bitcoin ETF was imminent, with Bloomberg analysts [...] newsbtc.com |
![]() 26.09.2023 10:25 Taiwan's cryptocurrency industry is taking steps towards
establishing an industry association in collaboration with its financial
regulator. This move comes ahead of the expected release of official guidelines
later this week.Cryptocurrency Sector in Taiwan
Prepares for Regulatory FrameworkIn
a collective statement, nine cryptocurrency firms have announced their intent
to apply for the formation of an industry association by mid-October. To
expedite the process, they have formed a dedicated working group.Since
July 2021, Taiwan has mandated virtual asset services providers (VASPs) to
adhere to anti-money laundering (AML) laws, as introduced by the Financial
Supervisory Commission (FSC). However,
beyond these AML regulations, the broader cryptocurrency industry in Taiwan has
largely operated without formal oversight. The
FSC is on the verge of unveiling comprehensive guidelines pertaining to
cryptocurrency trading and payments for VASPs by the end of this
month. Taiwan's
Commitment to [...] financemagnates.com |
![]() 26.09.2023 10:16 To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000. cointelegraph.com |
![]() 26.09.2023 10:15 With anticipation around Bitcoin ETFs from giants like BlackRock, Fidelity, and Invesco, and an expected halving in April 2024, forecasts for Bitcoin’s price next year show a significant range. From JPMorgan to Standard Chartered Bank, here are the most notable estimates for 2024: Pantera Capital: $150,000 In their August “Blockchain Letter”, Pantera Capital, led by Dan Morehead, predicts a possible rise to $147,843 post the 2024 halving. Employing the stock-to-flow (S2F) ratio, they believe the price model suggests the valuation of Bitcoin against its scarcity will become more pronounced. Related Reading: MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase Specifically, Pantera Capital stated, “The 2020 halving reduced the supply of new bitcoins by 43% relative to the previous halving. It had a 23% as big an impact on price.” With history as a reference, this could indicate a hike from $35k before the halving to $148k after. However, not all Bitcoin supporters are on [...] newsbtc.com |
![]() 26.09.2023 10:08 MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. cointelegraph.com |
![]() 26.09.2023 10:00 Fred Thiel, CEO of Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company, has warned about the future of the U.S. economy and the consequences of the Federal Reserve’s current monetary policy. Thiel noted the possibility of an upcoming period of fiscal dominance, in which the Federal Reserve would have fewer weapons to fight inflation. Marathon […] bitcoin.com |
![]() 26.09.2023 09:29 To
boost the adoption of Web3 technologies and digital assets in Japan, the cryptocurrency exchange Binance and Japan's largest bank, the Mitsubishi UFJ
Trust and Banking Corporation (MUTB), have announced a joint study to explore
the issuance of stablecoins in Japan. Collaborative
Effort to Issue Fiat-Backed StablecoinsThe
collaborative effort seeks to issue yen and other fiat-backed stablecoins to
revolutionize the financial landscape in the country. The
initiative will leverage a platform called "Progmat Coin". It is designed
to comply with Japanese regulatory standards for stablecoin issuance and
management. The "Progmat Coin" platform, developed by the
Japanese bank, will serve as critical infrastructure for issuing these
compliant stablecoins.This endeavor aligns with Japan's recently revised and enforced
Payments Services Act, which permits Japanese banks and regulated crypto providers to
issue stablecoins. It will also facilitate seamless cryptocurrency transactions for [...] financemagnates.com |
![]() 26.09.2023 08:54 Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term. cointelegraph.com |
![]() 26.09.2023 08:11 Litecoin (LTC) has spent the past week trading within a tight price range, with its value hovering steadily around the mid-range point of $64. The price action for LTC in September has remained primarily bearish, with sellers maintaining control over the market. While LTC has a history of volatile price swings, recent times have seen it mirroring the sideways movement of the overall market, largely influenced by Bitcoin’s fluctuations, which rose from $25,000 to $27,000 before dropping to $26,000. As of the latest data from CoinGecko, Litecoin is currently trading at $64.63, with a 24-hour gain of 0.7%. However, over the past seven days, LTC has experienced a decline of 2.9%, reflecting the prevailing bearish sentiment in the market, according to a recent price report. Related Reading: Is Terra Classic Planning For USTC To Be Pegged To The Dollar Again? Chasing Litecoin Bulls and Avoiding The Bears For those looking for a bullish revival in Litecoin’s price, a price report notes [...] newsbtc.com |
![]() 26.09.2023 08:00 A controversy surrounding Alex Welch, an alleged spokeswoman of Tether, the company behind USDT, erupted last week as an article in the Wall Street Journal (WSJ) quoted her as a source for information on the company’s loans. However, Tether CTO Paolo Ardoino denied any involvement of Welch with the stablecoin company, criticizing the publishing practices […] bitcoin.com |
![]() 26.09.2023 07:57 Binance has reopened its services in Belgium by resuming its registration for the residents after a suspension for about three months, the crypto exchange giant announced yesterday (Monday).“We are delighted to announce that as of today, new registrations of Belgian residents are welcome on our platform once again,” Binance’s Belgian official X (previously Twitter) handle stated. “In addition, various Binance products and services are accessible again to Belgian users who have accepted our new Terms of Use.”Great news for our Belgian community ????????We've now reopened registrations and access to #Binance products and services in Belgium. https://t.co/IActiqYMjm— Binance (@binance) September 25, 2023Binance Reopens in BelgiumBinance’s troubles in Belgium started following the local financial market regulator, the Financial Services and Markets Authority (FSMA), ordered the exchange in June to immediately suspend its services and return customers’ holdings.According to the FSMA, 19 [...] financemagnates.com |
![]() 26.09.2023 07:53 Crypto influencer Ben “BitBoy” Armstrong has reportedly been arrested following a livestream outside the house of Carlos Diaz, a former business partner. cointelegraph.com |
![]() 26.09.2023 07:07 Bitcoin Ordinals inventor Casey Rodarmor says a fungible token protocol like Runes wouldn’t leave as much “junk” on the Bitcoin network as that of BRC-20 tokens. cointelegraph.com |
![]() 26.09.2023 06:58 Ripple’s token price is holding gains above $0.50 against the US Dollar. XRP price could take a hit if it fails to recover above $0.512. Ripple’s token price is attempting a fresh increase above $0.508 and $0.512 against the US dollar. The price is now trading above $0.500 and the 100 simple moving average (4 hours). There is a major contracting triangle forming with resistance near $0.505 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair might gain bullish momentum if there is a close above $0.512. Ripple’s Token Price Holds Key Support In the last XRP price prediction, we discussed the chances of more gains in Ripple’s XRP against the US Dollar. The price did climb above the $0.515 resistance level, but upsides were limited, like Bitcoin and Ethereum. The price struggled to clear the $0.525 resistance. A high was formed near $0.5254 and the price saw a downside correction. There was a move below $0.512 and a spike below $0.50. A low is formed near $0.4907 [...] newsbtc.com |
![]() 26.09.2023 06:35 Binance and Mitsubishi UFJ Trust and Banking Corporation (MUTB) are exploring the issuance of Japanese yen and other foreign currency-denominated stablecoins in Japan. cointelegraph.com |
![]() 26.09.2023 06:00 Microstrategy has acquired 5,445 more bitcoin, bringing the company’s total holdings to 158,245 BTC. According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the additional bitcoins were acquired during the period between Aug. 1 and Sept. 24. Microstrategy Adds 5,445 Bitcoin to Its Treasury The Nasdaq-listed software intelligence firm Microstrategy […] bitcoin.com |
![]() 26.09.2023 05:27 Ethereum price is attempting a recovery wave from $1,565 against the US Dollar. ETH could struggle to recover above $1,600 and might resume its decline. Ethereum is slowly moving higher toward the $1,600 resistance zone. The price is trading below $1,600 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $1,595 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it fails to clear the $1,600 resistance zone. Ethereum Price Struggles Below $1,600 Ethereum’s price started a fresh decline below the $1,620 and $1,600 levels. ETH even declined to a new weekly low below the $1,580 level, unlike Bitcoin. It traded as low as $1,565 and recently started a short-term upside correction. There was a move above the $1,580 level. The price climbed above the 50% Fib retracement level of the recent drop from the $1,600 swing high to the $1,565 low. However, the bears are still active near the $1,600 [...] newsbtc.com |
![]() 26.09.2023 05:15 Optimism slid as much as 10% in the week leading up to a scheduled token unlock that will see 24 million OP tokens released onto the market. cointelegraph.com |
![]() 26.09.2023 04:39 Bitcoin price is struggling below the $26,500 resistance. BTC could accelerate lower if there is a close below the $26,000 support in the near term. Bitcoin is struggling and trading well below the $27,500 resistance. The price is trading below $26,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $26,420 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline unless there is a close above the $26,500 level. Bitcoin Price Faces Hurdles Bitcoin price started a fresh decline below the $26,800 level. BTC traded below the $26,500 and $26,200 support levels to move into a negative zone. Finally, the pair tested $26,000 and a low was formed near $26,026. Recently, the price started a minor recovery wave above the $26,200 level. The price climbed above the 23.6% Fib retracement level of the recent drop from the $26,712 swing high to the $26,026 low. However, the bears are protecting a break [...] newsbtc.com |
![]() 26.09.2023 04:00 U.S. presidential candidate Nikki Haley has warned that China is preparing for war and Chinese President Xi Jinping intends to win. “China is an existential threat. It has spent half a century plotting to defeat us,” she stressed, cautioning that China is “building a massive cutting edge military, capable of threatening America and dominating Asia […] bitcoin.com |
![]() 26.09.2023 02:14 The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors. cointelegraph.com |
![]() 26.09.2023 02:00 In the past month, there have been more daily active addresses on the NEAR Protocol than in Ethereum and its layer-2 protocols, including Arbitrum and OP Mainnet, Artemis data from September 25 reveals. Artemis, an institutional data platform for digital assets, shows that the number of daily active addresses on NEAR Protocol has been consistently above the 400,000 level in September. Daily Active Addresses On NEAR Protocol Surging Looking closer at the data confirms that the number of daily active addresses on Ethereum, the pioneer smart contract platform that hosts most decentralized finance (DeFi) and non-fungible token (NFT) activity, has been dropping. To illustrate, the number of daily active on Ethereum rose above 1 million in mid-September but has since more than halved to below 400,000. The same trend can be seen in Arbitrum, which dropped from around 200,000 in late June to 150,000 when writing on September 25. During this time, NEAR Protocol’s daily active addresses have [...] newsbtc.com |
![]() 26.09.2023 02:00 The U.S. Securities and Exchange Commission’s former head of internet enforcement has called on the U.S. Department of Justice (DOJ) to prosecute more crypto firms. “The stark reality is that the SEC is merely a civil enforcement agency. And until crypto-grifters face the threat of DOJ prosecution (i.e. prison time), they will continue to treat […] bitcoin.com |
![]() 26.09.2023 01:21 In June, Binance was ordered to halt its services in Belgium “with immediate effect,” leading to the exchange redirecting Belgian users to its Binance Poland entity. cointelegraph.com |
![]() 26.09.2023 01:14 As seen in “The Withdrawal Issue”, Cashu allows the use of ecash on Bitcoin, empowering ordinary users to operate a mint that is connected to the Lightning Network. bitcoinmagazine.com |
![]() 26.09.2023 01:00 The Cardano community has been one of the fastest-growing in the crypto space and this has shone a heavy spotlight on the ADA price. With expectations mounting already even amid the crypto winter, there are key factors that stakeholders believe could drive the altcoin’s price as high as $12. ADA Price Could Reach $12 In the last bull market, the ADA price went on a tremendous rally that saw the coin rise from as low as $0.03 to as high as $3.10 at its peak. This price action cemented the token as one of the winners of the bull, and some investors believe that the coin could be poised for another repeat of this price action. One X (formerly Twitter) user has given some points as to why this could be the case. Related Reading: Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump In the post, the user points to the current state of interaction and sentiment in the crypto market right now, which they refer to as brutal. However, they do not believe that this will always be the way things [...] newsbtc.com |
![]() 26.09.2023 01:00 Vitalik Buterin's September paper about Privacy Pools touched on an idea that could be the start of a new approach to privacy for crypto transactions. cointelegraph.com |
![]() 26.09.2023 00:45 San Francisco-based law firm Fenwick & West LLP is denying allegations from FTX founder Sam Bankman-Fried that the firm provided legal advice enabling the alleged fraud that led to the cryptocurrency exchange’s collapse. In a recent court filing, Fenwick & West asserts the allegations are “fatally deficient” and should be dismissed with prejudice. Law Firm […] bitcoin.com |
![]() 26.09.2023 00:26 With an OP code arguably simpler than CTV, Actuaries could trustlessly solve the problem of everyone needing to be online to update a channel factory. bitcoinmagazine.com |
![]() 26.09.2023 00:00 According to Arkham Intel, the Huobi crypto exchange platform (HTX) fell victim to a hacking incident resulting in the theft of 5000 ETH, valued at approximately $8 million. The hacker reportedly moved 1,000 ETH to a separate wallet, 0x799, shortly after compromising the platform and has since remained silent. Related Reading: Ripple CTO Weighs In: Why A Higher XRP Price Is Beneficial For Adoption Huobi Resolves Breach, Offers Hacker Lucrative Deal For Stolen ETH Justin Sun, the Founder of TRON and an Advisor to Huobi, confirmed the incident on X (formerly Twitter), stating that HTX suffered a loss of 5,000 ETH due to the hack. Sun stated: HTX has suffered a loss of 5,000 ETH ($8 million USD) due to a hacker attack. HTX has fully covered the losses incurred from the attack and has successfully resolved all related issues. All user assets are SAFU and the platform is operating completely normally. Sun reassured users that HTX had fully covered the losses and resolved all related [...] newsbtc.com |
![]() 25.09.2023 23:54 Bills focused on crypto regulation, market structure and stablecoins could all be put on hold if U.S. lawmakers don’t reach a decision on government spending by Sept. 30. cointelegraph.com |
![]() 25.09.2023 23:47
Hong Kong-based Mixin
Network, a blockchain protocol aiming to tackle scalability challenges, has
fallen victim to a massive cyberattack resulting in losses nearing $200
million. The cyber heist, which is considered the largest of its kind this
year, has sent shockwaves through the crypto space, raising significant
concerns about the security of digital assets.Mixin, which
facilitates the transfer of digital assets, was compromised when hackers targeted
its network's cloud service provider. This attack resulted in a loss of
approximately $200 million worth of cryptocurrency. Mixin reported the breach
on X (formerly known as Twitter), stating that user withdrawals were
temporarily halted to contain the situation.[Announcement] In the early morning of September 23, 2023 Hong Kong time, the database of Mixin Network's cloud service provider was attacked by hackers, resulting in the loss of some assets on the mainnet. We have contacted Google and blockchain security company [...] financemagnates.com |
![]() 25.09.2023 23:34 In just five days, liquid staking platforms saw a surge of 370,000 ether in their ethereum holdings, breaching the 12 million ETH mark—rising from 11.94 million to a notable 12.31 million. Interestingly, Binance’s liquid staking token, WBETH, was the powerhouse behind this growth, accounting for over 86% of this week’s increase, swelling by 318,605 ether […] bitcoin.com |
![]() 25.09.2023 23:01 According to BNB Smart Chain, MetaMask was averaging recommended fees from multiple networks, causing opBNB recommended fees to be too high. cointelegraph.com |
![]() 25.09.2023 23:00 With contrasting events in the industry, crypto investment products have witnessed a continuous outflow for the sixth week. Some altcoins demonstrate resilience in this trend, defying the broader market sentiment. Dissecting The Crypto Outflow Trend Crypto funds have witnessed a net outflow of $9 million in the past week, taking the total to roughly $464 million over the last ten weeks, according to Coinshares’ latest digital asset fund flow weekly report. Related Reading: Crypto Fund Flows: Millions Exit Bitcoin, But These Three Coins Hold Their Ground Relevant digital asset management players like CoinShares, Grayscale, 21Shares, Bitwise, and ProShares have felt the heat of this ongoing trend. To put things into perspective, the outflows have cooled from the previous week’s $54 million, but they still extend the continuous ten-week streak of net capital movement away from these products. A closer look into the report reveals this trend isn’t uniform across regions. Europe has [...] newsbtc.com |
![]() 25.09.2023 22:52 The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon. cointelegraph.com |
![]() 25.09.2023 22:19 The project now includes central and commercial banks from China, Hong Kong, Thailand and the UAE. Future new members were not identified. cointelegraph.com |
![]() 25.09.2023 22:00 Christyan Malek, the lead for EMEA energy equity research at JPMorgan, predicts that by 2026, crude oil prices could soar to $150 a barrel. Malek believes a looming energy supercycle could be the driving force pushing crude prices upward. Another significant factor, Malek points out, is the “institutional and policy-led pressures” hastening the shift from […] bitcoin.com |
![]() 25.09.2023 22:00 In a strategic move, MicroStrategy, the business intelligence (BI) company, and its subsidiaries have made a bold financial maneuver by increasing their Bitcoin (BTC) holdings. MicroStrategy Bolsters BTC Holdings According to a recent filing with the US Securities and Exchange Commission (SEC), MicroStrategy has expanded its Bitcoin holdings by acquiring an additional 5,445 BTC, totaling approximately $147.3 million. The average purchase price for these Bitcoins was $27,053 per unit. Related Reading: Ethereum Funding Rates Turn Deep Red, What Does It Mean? With this latest acquisition, MicroStrategy’s total Bitcoin holdings now stand at 158,245 BTC. The company has accumulated this substantial amount of digital assets at an average price of around $29,582 per Bitcoin, equivalent to approximately $4.68 billion. According to the company, these acquisitions underscore MicroStrategy’s commitment to Bitcoin and long-term belief in its potential. The company has been actively accumulating [...] newsbtc.com |
![]() 25.09.2023 21:45 Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. cointelegraph.com |
![]() 25.09.2023 21:30 While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure. cointelegraph.com |
![]() 25.09.2023 21:00 Decentralized finance peer-to-peer service Mixin network, experienced an attack on Saturday, September 23, 2023, leading to $200 million worth of crypto funds lost as a result of the attack. $200 Million In Crypto Lost In The Attack The decentralized finance (DeFi) network Mixin network revealed that the attack was caused by a compromise in the network’s cloud service provider database. The attack reportedly led to a loss of approximately $200 million worth of crypto funds stolen from its mainnet. Related Reading: What The Drop In Spot And Derivatives Volumes Means For The Price Of Bitcoin Blockchain security platform Peckshield conducted a separate investigation and it was revealed that Mixin network’s total portfolio accounted for approximately $141 million as at the time of the attack. According to the announcement made by the Mixin team on X on Sunday, September 24, 2023, the attack happened during the early hours of September 23, 2023, Hong Kong time. The Mixin network [...] newsbtc.com |
![]() 25.09.2023 20:30 As Bitcoin builds support in a range and looks to break out on bullish fundamentals, the recent dollar rally might derail the momentum. That, as well as an FOMC preview and long term forecast. bitcoinmagazine.com |
![]() 25.09.2023 20:20 Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC’s reasoning in its Sept. 22 objection. cointelegraph.com |
![]() 25.09.2023 20:00 Blockchain metrics indicate that an Ethereum-linked address tied to co-founder Vitalik Buterin transferred 400 ETH to Coinbase on September 24. Spotonchain’s data shows that over a ten-day stretch, Buterin’s address funneled a cumulative 2,421 ETH to mainstream exchanges. Address Associated With Buterin Transfers More Than 2,400 Ether to Cex Platforms Real-time blockchain tracker Spotonchain.ai […] bitcoin.com |
![]() 25.09.2023 20:00 Data shows the social media talk around Bitcoin has dropped to low levels recently, indicating that investors are paying attention to altcoins instead. Bitcoin Social Dominance Has Declined To Just 17% Recently According to data from the on-chain analytics firm Santiment, BTC-related discussions on social media have dropped recently. The relevant indicator here is “social dominance,” based on the concept of “social volume.” The social volume of any asset is a measure of the degree of talk it receives on the major social media platforms. The metric makes this measurement through a text-based data collection that Santiment has procured from different websites. A feature of the indicator is that it only counts the unique number of posts or messages that mention the coin. This means that if a thread receives many mentions of the cryptocurrency, its contribution to the social volume will remain just one unit. Related Reading: Bitcoin Bull Run May Not Begin Until This Ratio Reverses Trend [...] newsbtc.com |
![]() 25.09.2023 19:35 Cryptographer and entrepreneur Adam Back has issued new comments suggesting he sees a future where Bitcoin replaces gold in financial markets. bitcoinmagazine.com |
![]() 25.09.2023 19:15 OpenAI collaborated with professional voice actors to train the models to speak. cointelegraph.com |
![]() 25.09.2023 19:00 Cardano (ADA) has been experiencing a persistent downside trend since the start of 2023; the selling pressure has increased in the past week. However, network development continues to grow and could hint at a reversal for the cryptocurrency. Related Reading: Is Cardano (ADA) The Worst Investment Of 2023? Here’s What The Data Says Cardano (ADA) trades at $0.24 with sideways movement on its weekend price action as of this writing. In the previous seven days, the cryptocurrency recorded a 4%, with the potential for further losses if the price of Bitcoin continues on its current trajectory. Cardano Price Bound For A Change In Trajectory? Data shared by Cardano’s leading developer, Input Output Global (IOG), and seen on the chart below, shows that while ADA has been trending to the downside, network activity is on the rise, with 75.3 million transactions processed, 79,182 token policies, and over 1,250 projects currently building on the network. As seen above, 144 projects have been [...] newsbtc.com |
![]() 25.09.2023 19:00 PRESS RELEASE. The Label Foundation recently announced an agreement with global electronics giant, LG Electronics, to launch ‘Tracks’, an innovative Web3 music streaming platform, which will be soon available on the latest version of LG Smart TVs. Positioning itself as a leading Life Background Music platform, ‘Tracks’ grants users free access to refined music playlists […] bitcoin.com |
![]() 25.09.2023 18:58 Huobi Global's
HTX exchange fell victim to a major hack on September 24, resulting in the loss
of $7.9 million worth of digital assets. The breach was brought to light by the blockchain analytics platform Cyvers, sending shockwaves through the crypto
community.However, what
sets this incident apart is the exchange's claim to have unmasked the hacker's
identity and a surprising offer of a "white-hat bonus" to the
culprit, provided they return most of the stolen funds. A message, written in
Chinese, emerged from a known Huobi hot wallet, addressed directly to the
hacker.HTX's
ResponseThe message
asserted that Huobi Global had successfully identified the attacker and had an
unconventional proposition. The exchange offered to let the hacker retain 5% of
the stolen funds as a "white-hat bonus" if they chose to return the
remaining 95%.????Red Code????Yesterday, our ML-powered system detected a suspicious transaction involving @HuobiGlobal and @HTX_Global.Despite our attempts to reach out, [...] financemagnates.com |