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Today in Crypto: Bitget Q3 Report Finds BGB Trading Volume Exceeded $1.3 Billion, US Doctor Pleaded Guilty to Hiring Hitman With BTC, Beluga Raises $4 Million
20.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitget Q3 Report Finds BGB Trading Volume Exceeded $1.3 Billion, US Doctor Pleaded Guilty to Hiring Hitman...
Bitcoin SV Price Prediction as BSV Price Skyrockets Up 30% Suddenly – Can it Overtake Bitcoin?
20.10.2023
The price of Bitcoin SV (BSV) has rallied by a massive 30% in the past 24 hours, reaching $55.46 on a day when the cryptocurrency market as a whole has risen by 4%.
BSV is now up by 65% in a week and by 76% in a month, with the altcoin having gained by 35% since the beginning of the year....
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XRP Price Prediction as $2 Billion Sends XRP Up 6% Overnight – Do Whales Know Something?
20.10.2023
The XRP price has surged by 7% in the past 24 hours, rising to $0.515869 after the SEC dismissed its outstanding claims against Ripple executives Chris Larsen and Brad Garlinghouse.
The dismissal means that a scheduled trial – on the question of whether Garlinghouse and Larsen knowingly aided...
U.S. Treasury Targets Crypto Mixers in Anti-Money Laundering Move
20.10.2023
The Biden administration has designated crypto "mixers" as primary money-laundering hubs.
In a Thursday notice, United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed requiring domestic financial institutions and agencies to "implement certain recordkeeping...
Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation
20.10.2023
The Central Banks of China and the United Arab Emirates (UAE) have recently signed memoranda of understanding (MoUs) relating to digital currencies during the third "Belt and Road" International Cooperation Summit Forum in Beijing this week.
The People's Bank of China (PBOC) has signed...
India's Central Bank Launches Wholesale CBDC Pilot For Inter-Bank Borrowing
20.10.2023
The Reserve Bank of India has initiated a wholesale Central Bank Digital Currency (CBDC) pilot program for inter-bank borrowing.
The central bank had earlier announced its plans to test the wholesale CBDC, with the pilot now underway as of October. RBI’s executive director Ajay Kumar Choudhary...
YouTube Crypto Channels Can Act as Key Information Source for Retail Investors: Delphi Digital
20.10.2023
YouTube crypto channels and other social media platforms play a crucial role in disseminating information and shaping retail investor sentiment.
According to a recent analysis conducted by crypto research firm Delphi Digital, YouTube crypto channels are a key source of information for retail...
Russia Gov’t Wants to Use Its CBDC for Tax Collection, Paying Benefits
20.10.2023
Russia’s government intends to use the digital ruble to make welfare payments, and wants citizens to use the CBDC to pay their taxes.
Per Finam, the Central Bank and the Ministry of Finance say they are “exploring the possibility of using the digital ruble for government payments,” and want...
XRP Price Prediction As SEC Dismisses Lawsuits Versus Ripple Labs Execs – Can XRP Rally Back to $1?
20.10.2023
XRP (XRP), the cryptocurrency that powers the XRP Ledger launched over a decade ago by US fintech firm Ripple Lab, has jumped in the last hour following reports that the US Securities and Exchange Commission (SEC) has dropped lawsuits against two key Ripple executives.
XRP was last trading close...
Terra Luna Classic Price Prediction as LUNC Lags Broader Crypto Rally – Here’s Why the Shitcoin Will Drop Another 20%
19.10.2023
Terra Luna Classic (LUNC), the cryptocurrency that powers the original Terra blockchain that saw a spectacular blow up in May 2022 after is UST algorithmic stablecoin lost its 1:1 peg to the US dollar, is lagging the broader market on Thursday.
Last at around $0.000055 per token and a market...
Solana Price Prediction as SOL Overtakes Cardano as Popular Trader Says Huge Rally is Coming – Time to Buy?
19.10.2023
Solana (SOL) is the second-best performing cryptocurrency in the top 100 by market capitalization on Thursday, having gained an impressive more than 7% on the session to hit its highest level since July above $25.
The cryptocurrency’s latest pump, which has seen it rally over 45% from...
Sui Foundation Faces Probe: Token Price Hits All-Time Low
19.10.2023
The small-cap crypto token Sui is facing turbulent times as its price hits all-time lows.
As of press time on Thursday, the price of SUI was down close to 1% for the day and down 9.4% for the past seven days, hitting its lowest levels ever.
The cause of the decline is tied to reports in local...
Ryder Reveals Hardware Wallet That 'Replaces' Seed Phrases With Novel Recovery System and 'No Central Entity', Raises $1.2 Million
19.10.2023
Hardware wallet developer Ryder has announced the close of a $1.2 million raise and revealed the Ryder One hardware wallet featuring a recovery system designed to replace the typical seed-phrase process.
In a press release shared with Cryptonews, Ryder said it raised $1.2 million from "industry...
New York Attorney General Sues Gemini Trust, Genesis Global, and DCG for Defrauding Customers
19.10.2023
New York Attorney General Letitia James has filed a complaint against popular crypto exchange Gemini, crypto lending firm Genesis, and crypto investment company Digital Currency Group (DCG).
The lawsuit also targets two executives, former Genesis CEO Michael Moro and DCG CEO Barry Silbert...
Bitcoin SV Price Prediction as Price Surges Over 10%: Is the Bullish Rally Set to Continue?
19.10.2023
Bitcoin SV (BSV) bulls remain in the driving seat, with the cryptocurrency up another 6.5% on Thursday as its extends its gains this week to over 27%.
BSV, a 2018 fork of the Bitcoin blockchain that claimed to be aimed at bringing Bitcoin in line with Bitcoin creator Satoshi Nakamoto’s vision...
California's Crypto Regulation: Will It Push Firms Out?
19.10.2023
California has signed the Digital Financial Assets Law, raising concerns within the industry regarding the potential consequences of this legislation.
On Friday, Governor Gavin Newsom signed the bill into law, aiming to regulate California's cryptocurrency industry, which is home to nearly...
Bitcoin ETF Watchers Wait for "Some Sort of Announcement" on Friday
19.10.2023
Observers are eagerly awaiting a potential announcement surrounding the possibility of a Bitcoin (BTC) exchange-traded fund (ETF) on Friday.
On October 20, a District of Columbia court is set to issue a mandate that could solidify an August opinion in favor of Grayscale, which sought to convert...
Fidelity Submits Revised Application for Bitcoin ETF Amid Increasing Confidence Regarding Approval
18.10.2023
Fidelity Investments, one of the world's largest asset management firms, has filed an amendment application to its proposed spot Bitcoin (BTC) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
In a Wednesday post on X (formerly Twitter), Bloomberg senior...
Today in Crypto: Swiss Company Puts Excess Energy into Bitcoin Mining, Helix Reveals Pre-Launch Futures, TradFi Regulated Credit Union Unveils Crypto Portal, Wirex Introduces Dual-Mode Card
18.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Swiss Company Puts Excess Energy into Bitcoin Mining, Helix Reveals Pre-Launch Futures, TradFi Regulated...
Popular Rapper's X Profile Hacked to Promote Crypto Phishing Site
18.10.2023
American rapper Nelly has seen his X (formerly Twitter) account hacked and used to carry out social engineering attacks to lure unsuspecting individuals to a crypto phishing site.
In a recent message on Telegram, on-chain investigator ZachXBT noted that the hacker even modified Nelly's profile...