Bitcoin price dips to new 1-month low after $57K US jobs data ‘fakeout’
Bitcoin fools traders up and down as BTC price volatility accompanies the week’s final US employment data release. Go to Source
Month: September 2024
Celebrities boost crypto projects but don’t guarantee legitimacy
In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals. Go to Source
Fractal Bitcoin Set to Launch Sidechain With Unique Merged-Mining Mechanism
Fractal Bitcoin, a sidechain of Bitcoin created by the Unisat wallet team, is gearing up for its debut on Sept. 9, introducing a fresh twist on mining called “Cadence Mining.” This process plans to enable bitcoin miners to merge-mine with Fractal Bitcoin every three blocks, offering a unique approach to merged mining and tokenomics within … Read more
Bitcoin set for sub $50K correction in September: Analysts
Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000, before a rally to new highs. Go to Source
Japan’s major banks back new stablecoin project for global trade
Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20. Go to Source
Libre launches Brevan Howard, BlackRock, Hamilton Lane funds on Aptos
After Solana and Near, Libre protocol is deploying its pool of tokenized funds on the Aptos blockchain. Go to Source
Watch these 3 BTC price levels if Bitcoin breaks below $55K
Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. Go to Source
South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals limited investment but restricting companies. SARS Using AI to Track Down Tax Dodgers South African … Read more
Arthur Hayes sees sub-$50K BTC price as Bitcoin risks ‘stark’ trend shift
BTC price targets are increasingly looking for a rematch with last month’s lows as Bitcoin chartists highlight formidable resistance levels. Go to Source
Crypto venture capital funding surges to $633M in August rebound
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development. Go to Source
