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Best Crypto to Buy Now September 18 – Chainlink, ApeCoin, Optimism
19.9.2023
Anticipation of a pause in interest rate hikes, spurred by the upcoming Federal Open Market Committee (FOMC) meeting on September 20, stimulated a marked increase in Bitcoin prices earlier today.
Bitcoin rose over 3.4% to hit a September high above $27,400 after a stagnant weekend where it held...
Users on Ethereum’s Decentralized Polymarket Speculate on Biden’s Impeachment
19.9.2023
After the Republican House of Representatives speaker, Kevin McCarthy, directed the House to open an impeachment inquiry into Joe Biden, bettors on the cryptocurrency-powered Polymarket platform have started placing bets on whether Biden will be impeached by two specific dates. Currently, bettors...
SEC Challenges Binance US's Objections in Latest Court Motion – Here's What You Need to Know
18.9.2023
In a new development today, the U.S. Securities and Exchange Commission (SEC) has asked a court to dismiss the objections raised by Binance US regarding the regulator's recent legal motion.
According to CoinDesk, the SEC claimed that an audit of Binance US revealed difficulties in confirming that...
SEC’s Call for Full Disclosure: Court Asked to Order Inspection of Binance US
18.9.2023
The U.S. Securities and Exchange Commission (SEC) filed a reply to support its motion to compel Binance Holdings Limited to comply with expedited discovery related to customer assets. The reply comes after months of alleged delays and incomplete responses from Binance as it fights a lawsuit...
Top 3 Bullish AI Coins to Watch: Render, Fetch.ai, yPredict
18.9.2023
Artificial Intelligence (AI) is increasingly being adopted across various industries, with 78% of companies using AI technologies, according to a 2023 report by Bain & Co. The report also finds that AI can improve efficiency in 20% of workplace tasks. The growing role of AI extends to...
NYDFS Proposes New Guidelines on Listing and Delisting Crypto on Trading Platforms
18.9.2023
The New York Department of Financial Services (NYDSF) seeks to introduce new guidelines on the listing and delisting of digital assets by venture capital entities.
On Sept 18, the financial watchdog published new proposals to guide digital asset exchanges on multiple issues including listing...
Bitcoin Price Outlook for September
18.9.2023
After weeks of consolidation, bitcoin has started the second half of September in relatively bullish fashion. Prices have once again surged above the $27,000 level, which comes as traders attention turns to the upcoming Federal Reserve meeting. Prior to this, we explore how the price of bitcoin...
From $10,000 to $24 Million: 909 ‘Sleeping Bitcoins’ From 2012 Stir After 11 Years
18.9.2023
According to records, a batch of five transactions from “sleeping bitcoin” addresses, established more than 11 years ago in 2012, transferred 909.89 BTC valued at $24.88 million. The value of the whale’s cache of bitcoin when it was acquired was less than $10,000. The 11-Year...
Kazakhstan Sets Up National Payment Corporation To Lead CBDC Efforts
18.9.2023
The National Bank of Kazakhstan (NBK) has unveiled the National Payment Corporation (NPC), a body charged with the implementation of digital financial infrastructure and the digital tenge.
According to an official press release on Sept 15, the NPC will oversee efforts at rolling out the county’s...
Citigroup Launches New Blockchain-Powered Tokenization Service for Institutional Clients – A Boost to Crypto Adoption?
18.9.2023
Major US investment banking conglomerate Citigroup has made its first major foray into the world of crypto and blockchains with the launch of a new token service, as the bank looks to leverage distributed ledger technology (DLT) to improve its product offerings....
Read More: Citigroup Launches...
Biggest Movers: SOL Nears $20, BCH 5% Higher on Monday
18.9.2023
Solana neared the $20.00 level on Monday, as bullish sentiment returned to cryptocurrency markets to start the week. The rise in momentum comes as focus shifts to the upcoming Federal Open Market Committee (FOMC) meeting. Bitcoin cash was another notable gainer today. Solana (SOL) Solana bulls...
FTX Crypto Asset Sales Will Not Crash The Market: Coinbase Report
18.9.2023
Digital asset exchange, Coinbase has said in a new report that a potential liquidation of FTX’s crypto holdings will not negatively affect the market.
This analysis comes after widespread fears that the liquidation of FTX digital assets to investors worth over $3.4 billion will lead to a sharp...
Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
18.9.2023
After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $27,000 as Bulls Return Ahead of Upcoming FOMC Meeting
18.9.2023
Bitcoin pushed past the $27,000 level on Monday, as markets prepared for the upcoming Federal Reserve interest rate decision. Bullish sentiment was in full force in today’s session, despite the prospect of yet another rate hike. Ethereum was also higher to start the week. Bitcoin Bitcoin...
Ant Group Reportedly Plans Withdrawal from $100 Million Crypto Venture A&T Capital
18.9.2023
The Chinese fintech giant Ant Group is in the process of withdrawing its investment from the $100 million A&T Capital fund that was set up to invest in offshore crypto projects, Bloomberg reported today.
A&T played a central role in Ant Group's foray into crypto space.
A&T Capital has invested...
Latam Insights: Crypto Adoption Booms in Latam Nations, Milei Bashes Socialism
18.9.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index; Argentine presidential candidate Javier Milei blames...
Malta Seeks to Change Its Crypto Rulebook to Get Ready for MiCA
18.9.2023
The country's financial watchdog wants to align its framework with EU-wide rules set to take effect in 2024
Ethereum Co-Founder Insists ETH Is a Commodity Amid SEC Crackdown on Crypto Securities
18.9.2023
Ethereum co-founder Joseph Lubin says he stands by his conviction that ether is a commodity despite the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, trying to assert authority over all crypto tokens, except bitcoin. “I anticipate that, with previous...
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
18.9.2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...
Hong Kong’s Friendly Crypto Policies ‘Very Stable,’ Legislator Assures Vitalik Buterin
18.9.2023
A Hong Kong Legislative Council member has assured Ethereum co-founder Vitalik Buterin that the friendly cryptocurrency policies in Hong Kong are “very stable.” In response to Buterin’s comments expressing his unfamiliarity with Hong Kong and its “complicated...