The crypto derivatives exchange has partnered with Circle to expand its suite of USDC offerings; traders will also have access to auto conversions between the stablecoin and U.S. dollars. Crypto derivatives exchange Bybit has partnered with stablecoin issuer Circle Internet Financial to expand its suite of spot trading pairs denominated in USD Coin (USDC) —...Continue Reading
Bitcoin’s technical setup leans toward an additional downside, leading some traders to exit altcoins, which are struggling at overhead resistance levels. Bitcoin (BTC) price has been trying to change course while the S&P 500 is still giving up gains on a daily basis. Even though the United States equities markets have been grinding lower since...Continue Reading
“If you enjoy all the benefits of living in our great city while refusing to pay your fair share in taxes, we will hold you accountable,” said DC Attorney General Karl Racine. Karl Racine, Attorney General for the District of Columbia in the United States, has announced that his office will be suing business intelligence...Continue Reading
Trading volume from NFT marketplace OpenSea has gone from $405 million on May 1 to $5 million in Aug. 28. In this week’s newsletter, read about Meta’s newest update on the integration of nonfungible tokens (NFTs) on Facebook and Instagram. Check out how the NFT trading volume on OpenSea has plummeted by 99% and how...Continue Reading
No official explanation was given as to why the accounts were suspended in the first place. Early Wednesday, Twitter suspended access to nine accounts associated with promoting nonfungible tokens, or NFTs, on the Solana (SOL) ecosystem. The move comes just ahead of the highly anticipated launch of the y00ts NFT collection, a follow-up to DeGods,...Continue Reading
Securities and Exchange Commission regulators should move to protect investors from traders who distort the NFT market with manipulative trades — and they probably will soon. Studies show that most people who attempt to wash trade nonfungible tokens (NFTs) are unprofitable. But that doesn’t stop them from trying, which makes it a glaring regulatory and...Continue Reading
The British national facing extradition was allegedly involved in laundering $105 million through the crypto Ponzi scheme OneCoin starting in 2014. Christopher Hamilton, a British national allegedly connected to Cryptoqueen’ Ruja Ignatova’s cryptocurrency scheme OneCoin, reportedly faces extradition to the United States on charges related to a scam going back to 2014. According to a...Continue Reading
Ether is forming classic bullish patterns against the greenback and its top crypto rival on shorter-timeframe charts. Ethereum’s native token, Ether (ETH), looks ready to grow stronger compared to the U.S. dollar and Bitcoin (BTC) in the days leading up to its proof-of-stake transition in September. ETH price chart bullish setup The bullish outlook emerges from...Continue Reading
Cointelegraph announces the appointment of Wes Kaplan to the role of CEO as Jay Cassano becomes a member of the advisory board. Cointelegraph has appointed Wes Kaplan, the company’s thriving chief business development officer, as the new CEO of Cointelegraph. He takes over leadership from award-winning journalist Jay Cassano, who has served as CEO since...Continue Reading
Ryan Berckmans, Ethereum community member and investor, discussed the potential consequences that the Tornado Cash ban could have on the future of the network. The Ethereum network will be able to withstand censorship risks both in the short and long term, according to Ethereum community member and investor, Ryan Berckmans. The ban of Ethereum-based privacy...Continue Reading
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