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Law Decoded: China FUD and false dichotomies, Sept. 20–27
27.9.2021
Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China
Price analysis 9/27: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA
27.9.2021
Bitcoin and most major altcoins have recovered from last week’s sell-off, but they are still facing selling at higher levels, suggesting that the market could remain range-bound for a few days
Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency
27.9.2021
Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers....
Morgan Stanley doubles exposure to Bitcoin through Grayscale shares
27.9.2021
The investment firm has increased its shares of GBTC by more than 105% since April
Analyst says $42K must hold to keep Bitcoin price from sweeping its swing low
27.9.2021
Bitcoin needs to hold $42,000 or it risks sliding as low as $32,000, according to crypto trader Eric Krown
Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K
27.9.2021
The flagship cryptocurrency closed the previous week below its 21-week exponential moving average for the 19th time in history, triggering additional selloff risks
Former Ethereum Dev Virgil Griffith Pleads Guilty to North Korea Charge, Enters Plea Deal for 6.5 Years: Report
27.9.2021
On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years behind bars for discussing blockchain technology in North Korea. Around 10:30 a.m., Griffith pleaded guilty...
Small business advocacy group recommends US congress 'clarify the status of digital assets'
27.9.2021
“We encourage market participants looking to determine whether a digital asset is a security to seek the advice of securities counsel and engage with FinHub staff,” said the SEC
Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation
27.9.2021
Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange...
JPMorgan CEO says Bitcoin price could rise 10X, but still won't buy it
27.9.2021
Banking mogul Jamie Dimon has been a notorious detractor of Bitcoin since 2017, in contrast to his firm's overt desire to capitalize from the ecosystem's growth
Ethereum Scientist Pleads Guilty, Bitcoin Leads Institutional Investments Again + More news
27.9.2021
vade US sanctions just before he was to go to trial today, Bloomberg reported. Griffith is scheduled to be s
US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Card Fraud Case
27.9.2021
On September 22, 2021, a U.S. district judge from San Antonio, Texas, granted a summary judgment on the civil forfeiture of 147 bitcoin worth $6.3 million held on a Trezor hardware wallet. According to the court filing, the crypto assets stemmed from a Target gift card fraud incident that started...
Bitcoin breaking new highs in Q4 will 'temporarily turn alts to dust' — analyst
27.9.2021
Things will get exciting in Q4, but not before a convincing floor is put in across crypto, analysts say this week
Cryptowisser: Then, Now and What’s Next for NFTs
27.9.2021
Non-Fungible Tokens (NFTs) have been around for some time now, with what is recognized as the first-ever NFT “Quantum” created back in 2014. Since then, the industry has evolved and grown into what you see today; a flourishing and wholly absorbing market built on the Ethereum...
XRP is for payments, Bitcoin for ‘speculation,’ says former US Treasurer
27.9.2021
After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool
Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa
27.9.2021
Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the remittance service, South African users will be able to buy, sell, and transfer cryptocurrencies like bitcoin, ethereum, and the USDC stablecoin....
Bitcoin and Ethereum Remain Supported, SOL Rallies
27.9.2021
gher above USD 3,000, but it is facing resistance near USD 3,150. XRP is consolidating near USD 0.950, while ADA corrected lower despite multiple posit
Huobi outlines plan for Chinese investors after halting crypto trading
27.9.2021
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021
Netflix Announces Documentary About Quadrigacx’s Downfall
27.9.2021
Netflix, the world’s largest video streaming company, has announced it is working on a documentary that deals with the aftermath of the Quadrigacx saga. According to brief descriptions, the documentary titled; “Trust No One: The Hunt for the Crypto King,” deals with how...
China fear is now infrastructure bill fear — 5 things to watch in Bitcoin this week
27.9.2021
From bans to bills, the FUD is strong for Bitcoin and crypto this week, but traders are overwhelmingly optimistic about BTC price action