Alibaba to ban crypto miner sales amid Chinese crackdown
Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties. Go to Source Powered by WPeMatico
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Traders say Bitcoin’s bullish bias will only be confirmed by a close above $44K
Bitcoin needs to flip $43,600 to support in order to see bullish continuation and on-chain data signals that BTC accumulation continues to increase. Go to Source Powered by WPeMatico
Law Decoded: China FUD and false dichotomies, Sept. 20–27
Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China. Go to Source Powered by WPeMatico
Analyst says $42K must hold to keep Bitcoin price from sweeping its swing low
Bitcoin needs to hold $42,000 or it risks sliding as low as $32,000, according to crypto trader Eric Krown. Go to Source Powered by WPeMatico
Small business advocacy group recommends US congress ‘clarify the status of digital assets’
“We encourage market participants looking to determine whether a digital asset is a security to seek the advice of securities counsel and engage with FinHub staff,” said the SEC. Go to Source Powered by WPeMatico
Second-largest Ethereum mining pool to suspend all operations
Launched in China in 2018, SparkPool controls over 22% of Ether’s hashrate as of today, second only to Ethermine. Go to Source Powered by WPeMatico
XRP is for payments, Bitcoin for ‘speculation,’ says former US Treasurer
After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool. Go to Source Powered by WPeMatico
Cardano to enable new DeFi stablecoin with Coti
Coti previously partnered with Cardano’s stablecoin hub Ardana to bring decentralized stablecoin payments to AdaPay. Go to Source Powered by WPeMatico
Huobi outlines plan for Chinese investors after halting crypto trading
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021. Go to Source Powered by WPeMatico
Ethereum alternatives and layer-1 solutions see steady gains in September
Multi-million dollar incentive programs and the ease of cross-chain transfers are boosting the value of L1 and L2-based tokens and raising the total value locked in their associated DeFi platforms. Go to Source Powered by WPeMatico