Cryptocurrency Markets Show Bearish Momentum as Bitcoin Dips to $19K and Ethereum Drops Below $1,600

After showing slight bullish momentum on Friday, cryptocurrency markets are again in the bearish territory this Saturday as BTC dips below $20k and ETH struggles to hold support at $1,600. The global cryptocurrency market remains below $1 trillion, valued at $974 billion, down 2.5% in the past 24 hours. Let’s look at relevant Bitcoin and … Read more

Crypto Economy Loses $102 Billion in 30 Days — BTC, SOL Shed the Most Losses

A great deal of digital currencies are down in value during the last 30 days and the worst performing crypto out of the top ten coins with the largest market valuations was solana, losing 19.12% against the U.S. dollar. Bitcoin was the second biggest loser in the top ten, as the leading crypto asset shed … Read more

Tether Asks Court to Remove Crypto Boutique Law Firm Roche Freedman From Class-Action Lawsuit

Kyle Roche, an attorney and founding partner of the crypto boutique litigation firm Roche Freedman LLP, recently withdrew from a number of class-action lawsuits initiated by the law firm. The attorney’s withdrawal follows videos that circulated showing the lawyer discussing associations with cryptocurrency companies. After the attorney’s initial filing, the stablecoin issuer Tether is requesting … Read more

Powers On… Insider trading with crypto is targeted — Finally!

Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches “Blockchain & the Law.” Go to … Read more

Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require

Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter Advertising Rules for Crypto Platforms in Thailand Thailand’s Securities and Exchange Commission (SEC) has … Read more

Bitcoin Price Dips Below $20K, Ethereum’s Upcoming Network Merge Keeps ETHUSD Above $1,500

After sideways trading through most of this week, Bitcoin dipped below the $20k level today while Ethereum managed to keep support at $1,500. With September being a historically weak month, BTCUSD is struggling this week, down over 8% in the past 24 hours. Ethereum is also showing signs of weakness ahead of the merge, down … Read more

Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry

The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law with relevant EU provisions. Parliament of Georgia to Vote on Crypto Legislation in Coming Months A legislative package expanding the regulatory framework for … Read more

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday’s NFP Report

Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from the $1,600 region. Bitcoin Bitcoin (BTC) briefly fell below $20,000 on Thursday, as … Read more

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