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Ethereum Technical Analysis: ETH Faces Pivotal Resistance
9.9.2024
On Sept. 9, 2024, ethereum’s price hovers at $2,309 as it struggles to break free from a strong downtrend, observed across multiple timeframes. The market reflects uncertainty, with oscillators showing mixed signals and moving averages signaling a bearish outlook. While there are signs...
DOGE Teases the Possibility of $0.15
9.9.2024
The crypto market is struggling to come up with a new high, including the likes of BTC and…
Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000
9.9.2024
On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery...
Daily Crypto Update: Market Shows Signs of Relief over Weekend
9.9.2024
The weekend was a relief to the crypto market, particularly among the top cryptos. According to Cointree, the…
Hybrid crypto exchange GRVT receives $3.3 billion monthly volume commitment
9.9.2024
The significant contractual volume commitment from the 16 market makers comes shortly ahead of GRVT's mainnet launch in the fourth quarter of 2024
Nigeria’s SEC to crack down on unregulated crypto exchanges
9.9.2024
Nigeria’s SEC will enforce regulations on unregulated crypto businesses, protecting investors while encouraging innovation in the growing market
Bitcoin ETFs record combined $1.2B in outflows in 8 days
9.9.2024
Despite the outflows, crypto ETFs outshined the over 400 new ETFs in 2024, with the four biggest launches being spot Bitcoin ETFs
Trump Threatens Countries Leaving the U.S. Dollar With 100% Tariffs
9.9.2024
Former President and Republican candidate Donald Trump announced future sanctions for countries supporting de-dollarization. At a rally held in Wisconsin, Trump declared: “You leave the dollar, and you’re not doing business with the United States because we are going to impose a 100% tariff...
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
9.9.2024
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of on-chain tools are needed for wider ETF adoption
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
9.9.2024
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of onchain tools are needed for wider ETF adoption
Moscow Exchange Opts out of Russia’s Crypto Trading Program
9.9.2024
The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision follows the Russian State Duma’s July approval of...
Early Ethereum adviser sues law firm for $100M over crypto extortion case defense
9.9.2024
Law firm Covington & Burling have denied allegations by Steven Nerayoff, calling his lawsuit “meritless” and vowing to “vigorously” fight it
Early Ethereum adviser sues law firm for $100M over crypto extortion case defense
9.9.2024
Law firm Covington & Burling has denied Steven Nerayoff's allegations, calling his lawsuit “meritless” and vowing to “vigorously” fight it
Latam Insights: Venezuelan Opposition Leader Proposes Bitcoin Reserve; Maduro Wants to Retake the Crypto Path
9.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Venezuelan opposition leader María Corina Machado proposes creating a bitcoin reserve, Venezuelan President Nicolás Maduro states that the country...
US Senate’s Bipartisan Legislative Skips Cryptocurrency, Adds AI
9.9.2024
US Senate Chuck Schumer passed a bipartisan legislative letter which lists ‘priorities’ in the pending months of Congress,…
UK Regulator: 87% of Crypto Firms Fail to Meet Registration Requirements
9.9.2024
The UK Financial Conduct Authority (FCA) has revealed that over 87% of crypto registrations were either rejected, withdrawn, or refused as part of its ongoing efforts to combat fraud and enhance consumer protection. In its annual report, the FCA outlined new marketing rules for crypto assets....
Bitcoin ‘could very well catch fire’ as next generation of investors mature
8.9.2024
Economist and podcast host Suze Orman is bullish on Bitcoin, but says ETFs are the way to go
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
8.9.2024
The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the 13 instances selected from the 46 presented are platforms for tokenizing real estate, liquidity pools for trading public securities, and even automating...
Elon Musk: ‘first Starships to Mars will launch in 2 years’
8.9.2024
He says crewed missions will begin within 4-6 years depending on whether certain economic and technological challenges can be overcome
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
8.9.2024
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s above the previous level. Bitcoin Smashes Another Hashrate Record, Climbing 66 EH/s in a Week...