Price analysis 9/24: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA
Bitcoin and altcoins made a sharp downside move to their recent lows after news that China banned crypto trading surfaced. Go to Source Powered by WPeMatico
DIGIT
Kentucky Sends Cease and Desist Order to Crypto Lending Platform Celsius Over Interest-Bearing Accounts
Six days ago, the securities regulators from New Jersey and Texas cracked down on the cryptocurrency lending platform Celsius. Additionally, the Alabama Securities Commission joined in and filed a cease and desist order against Celsius. Now the state of Kentucky is following suit and has filed a cease and desist order against the crypto lending … Read more
Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23
Layer-two’s surge to new heights, Bitcoin and DeFi EFT applications and Sushi’s mistaken bug — all coming to you this week in Finance Redefined. Go to Source Powered by WPeMatico
Yemen national uses crypto donations to fight starvation amid civil war
16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels. Go to Source Powered by WPeMatico
Gavin Andresen Publishes Theory of Possible Crypto Future: Whales Shut Down the BTC Network in the Year 2100
On September 21, former Bitcoin developer Gavin Andresen published an interesting blog post about “a possible [Bitcoin] future.” The blog post details a theoretical situation for the Bitcoin network in 2061, where most [bitcoin] transactions don’t happen on the [Bitcoin] network. A Theoretical Look at $6 Million Dollars per Bitcoin and the Year 2061 Following … Read more
Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban
REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains. Go to Source Powered by WPeMatico
Morgan Stanley exec says Bitcoin is the ‘Kenny from South Park’ of money
Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park. Go to Source Powered by WPeMatico
Diminishing returns: Is Bitcoin underperforming compared to altcoins?
After several hesitant months, altcoins are now outpacing the flagship asset. Go to Source Powered by WPeMatico
10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline
Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted their documents to the Korean anti-money laundering body. Compliance Deadline for New Korean Crypto Regulations Expires Friday Registering with Korea’s Financial Intelligence Unit (FIU) is … Read more
U.S. government goes to court seeking to forfeit almost $10 million in USDT purportedly stolen by fake Coinbase representative
In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse. Go to Source Powered by WPeMatico
