Bitcoin’s ‘local market structure’ could push BTC price to new all-time high — Analysts
Analysts say Bitcoin’s recent price action could be a sign that the path to new all-time highs has begun. Go to Source
Month: September 2024
US gov’t cites Caroline Ellison’s ‘extraordinary cooperation’ before sentencing
Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys. Go to Source
Circle integrates USDC with national payment systems of Brazil, Mexico
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions. Go to Source
Wintermute launches OutcomeMarket, US election prediction tokens
The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States. Go to Source
Some pro-crypto Trumpers suggest he ‘lost their votes’ after token launch
Though many Donald Trump supporters said nothing would stop them from voting for the Republican candidate, others didn’t seem to be pleased by his latest crypto lending project. Go to Source
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed signals, hovering near previous highs, and gold dipped more than half a percent that day. Bitcoin … Read more
Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last. Go to Source
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s … Read more
USDT on TON chain surpasses $1 billion: Token Terminal
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC). Go to Source
Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds was Blackrock‘s IBIT, which pulled in $15.82 million in … Read more