Search
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Some Expect Fed to Hike Rates by 1%
21.9.2022
Bitcoin fell below $19,000 on Wednesday, as markets prepared for a potential 100 basis point interest rate hike from the United States central bank. Although the consensus for a rate increase remains at 0.75%, some believe that with inflation remaining at historically high levels, a 1.00% hike...
Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years
21.9.2022
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every dollar on September 15. Similar to other global currencies that have depreciated in 2022...
Draft US stablecoin bill would ban new algo stablecoins for 2 years
21.9.2022
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price
US Treasury official says crypto mixers are a 'concern' in enforcing sanctions
20.9.2022
Assistant secretary at the Treasury Department Elizabeth Rosenberg said sanctioning crypto mixers could help deter money laundering from entities in Russia, Iran, and North Korea
Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 Ahead of FOMC Meeting
20.9.2022
Bitcoin was trading marginally higher ahead of Wednesday’s United States FOMC meeting, where it is expected that the Federal Reserve will increase interest rates. As inflation continues to remain at elevated levels, many anticipate the Fed will raise rates by over 75 basis points. Ethereum...
Bitcoin still dominates total payments on BitPay despite the bear market
20.9.2022
Total crypto payments on BitPay remained stable despite the bear market, with monthly transactions surging from around 58,000 in 2021 to 67,000 in 2022
Congress demands crypto payments notification from DOS when helping Ukraine
20.9.2022
The bill amendment demands the Secretary of State submit reports to congressional committees explaining why the DOS made the determination to pay out rewards in cryptocurrency
SEC lawsuit claims jurisdiction as ETH nodes are 'clustered' in the US
20.9.2022
The SEC argues that as ETH validators are concentrated more densely in the United States, ETH transactions are seen as taking place in the country
White House’s first crypto framework and missed opportunities — Law Decoded, Sept. 12-19
19.9.2022
The industry didn’t take the document well, as the policymakers’ focus on security and enforcement is all too visible
US Treasury plans to ask public if crypto-related regulations are 'no longer fit for purpose'
19.9.2022
The public has until Nov. 3 to submit comments on Treasury addressing ransomware attacks, illicit finance risks of cryptocurrency mixers and DeFi, and coordinating AML/CFT policy
Crypto market bloodbath leads to $432M in liquidation
19.9.2022
The current market downturn is being attributed to a number of macroeconomic factors, such as higher-than-expected CPI data and a possible biggest Fed rate hike in 40 years
White House OSTP department analyzes 18 CBDC design choices for the US
17.9.2022
The technical analysis of the 18 CBDC design choices was made across six broad categories — participants, governance, security, transactions, data and adjustments
Blockchain Association calls White House's crypto framework a 'missed opportunity'
16.9.2022
Critics claimed the Biden administration's reports focused on environmental concerns over crypto's energy consumption and illicit uses rather than the technology's benefits
White House publishes ‘first-ever’ comprehensive framework for crypto
16.9.2022
The fact sheet sums up the efforts of nine federal agencies’ research over the past six months
US Treasury sanctions 5 crypto addresses connected to Russian neo-Nazi paramilitary group
15.9.2022
According to the Treasury Department, members of the sanctioned group fought alongside Russia’s military, including near territory Ukrainian forces reclaimed on Monday
Merge is 'a step in the right direction' to address crypto's energy usage — Rostin Behnam
15.9.2022
The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem
Crypto bill needs clarification on 'digital commodity' — Sheila Warren
15.9.2022
CCI CEO Sheila Warren said that there was “a very tight window” to pass the crypto bill given the possible change in leadership following the 2022 Midterm Elections
US Treasury sanctions Iran-based ransomware group and associated Bitcoin addresses
14.9.2022
The Office of Foreign Asset Control sanctioned 7 Bitcoin addresses allegedly connected to Iranian nationals Ahmad Khatibi Aghada and Amir Hossein Nikaeed Ravar
Bitcoin, Ethereum Technical Analysis: BTC Drops by Over $2,000 in the Last 24 Hours
14.9.2022
Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600....
US Treasury clarifies publishing Tornado Cash’s code does not violate sanctions
13.9.2022
Residents would not be violating sanctions by visiting Tornado Cash's website, copying the mixer’s open-source code, nor making the code available online or in print