Little faith remains in continued upside for BTC price action after a week of solid gains brings back the 100-day moving average. Bitcoin (BTC) kept grinding higher at the Sep. 12 Wall Street open as traders called for an imminent correction. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 proves essential to flip Data from...Continue Reading

“As the SEC continues to stonewall, the United States continues to fall further behind other countries as capital that would have been invested in the United States,” said the CDC. The crypto advocacy group Chamber of Digital Commerce called on the Securities and Exchange Commission, or SEC, to approve applications for Bitcoin exchange-traded funds in...Continue Reading

The request quotes Fowler’s lawyer’s personal health issues and the necessity to obtain more material from Europe. Reggie Fowler, a former NFL team owner and alleged “shadow banker” who might face up to 30 years of imprisonment, asked the court of the Southern District of New York for a six-month adjournment.  Technically, it was Fowler’s...Continue Reading

Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate. Bitcoin (BTC) has rebounded by 20% to almost $22,500 since Sep. 7. But bull trap risks are abound in the long run as Elon Musk and Cathie Wood sound an alarm over a potential deflation crisis. Cathie...Continue Reading

Web2 lacks ownership, but Web3 will provide users more control over platforms, websites and protocols. Known as Web2, the current iteration of the internet emphasizes creating and distributing user-generated content. Websites like YouTube, social media apps like Instagram and Twitter, news sites, personal blogs and more make up a large part of the internet. Web2...Continue Reading

The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins. Cryptocurrency exchange Huobi will delist seven different privacy coins from its platform as regulatory pressure mounts on anonymity-enhanced currencies (AECs). The exchange announced that it had terminated the trading service of a number of privacy tokens...Continue Reading

Buterin responded to criticism by claiming PoW-based mining rewards are not much different from the PoS system, however, Wertheimer was quick to point out the differences. Independent developer and Bitcoin proponent Udi Wertheimer created quite a buzz on crypto Twitter earlier on Sept. 12, after he claimed that a proof-of-stake (PoS) based yield reward system...Continue Reading

New report by Nansen delves into the distribution of staked ETH, respective holders and possible ramifications as The Merge looms. A report from blockchain analytics platform Nansen highlights five entities that hold 64% of staked Ether (ETH) ahead of Ethereum’s highly anticipated Merge with the Beacon chain. Ethereum’s shift from proof-of-work to proof-of-stake is set...Continue Reading

Barstool Sports founder Dave Portnoy highlighted that he told people that the project may be a scam before he made his investment. SafeMoon investors are letting Barstool Sports founder Dave Portnoy off the hook as the plaintiffs filed for his dismissal from the lawsuit against him for allegedly promoting the SafeMoon token.  On Aug. 8,...Continue Reading

The Indian crypto exchange was under investigation by local authorities for money laundering allegations which caused a freeze on over $8.1 million in bank account funds. The Enforcement Directorate of India (ED) unfroze the bank accounts of the Indian crypto exchange WazirX, according to a statement from the exchange released on Sept. 12. WazirX says...Continue Reading