Cryptocurrency news

• SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling

  08-09-2023 23:49
  
  Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.
  
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• Crypto Biz: Coinbase’s lending bet, a new ads policy at Google and Marathon’s mining performance

  08-09-2023 23:30 via cointelegraph.com
  
  This week’s Crypto Biz explores Coinbase's lending platform, Marathon Digital’s latest Bitcoin mining report, Hana Bank’s move to offer crypto custody and Google’s new crypto ads policy.
  
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• Charting The Course: This Indicator Sparks Confidence In Bitcoin Rise To $27,000

  08-09-2023 23:30 via newsbtc.com
  
  For Bitcoin (BTC), the largest cryptocurrency in the market, the month of September has seen a lack of definitive strength from both bulls and bears, resulting in a period of sideways chop and rapid bouts of volatility. 
  Material Indicators, a prominent crypto analysis firm, sheds light on the prevailing market conditions and highlights the intricacies of short-term price action (PA) against the backdrop of the macro sentiment.
  Unpredictable Market Conditions Prevail As BTC Seeks Direction
  
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• NFT Video Startup Glass Falls to Crypto Bear Market

  08-09-2023 22:46
  
  The startup’s founders say they’re ending active development after two years.
  
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• Scientists created ‘OpinionGPT’ to explore explicit human bias — and you can test it for yourself

  08-09-2023 22:42 via cointelegraph.com
  
  Due to the nature of the model's tuning data, it's unclear whether this system is actually capable of generating outputs showing real-world bias.
  
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• Scientists create ‘OpinionGPT’ to explore explicit human bias — and the public can test it

  08-09-2023 22:42 via cointelegraph.com
  
  Due to the nature of the model’s tuning data, it’s unclear whether this system is actually capable of generating outputs showing real-world bias.
  
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• Why is Stellar (XLM) price up this week?

  08-09-2023 22:05 via cointelegraph.com
  
  Stellar’s pre-announcements may have caused traders to create multiple scenarios for potential XLM developments, but their impact on XLM price could be short-lived.
  
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• Dogecoin Dominates: Over 40% Holders In Profit, But How Do Other Meme Coins Fare?

  08-09-2023 22:00 via newsbtc.com
  
  A recent report by IntoTheBlock offers new insights into the profitability of meme coin holders, including Dogecoin, highlighting variations in the percentage of holders in profit and whale concentration. Dogecoin, the forerunner in this category, continues to hold its own, with new data underscoring its dominance in terms of profitability for its holders.Dogecoin Holds The Lead
  According to the report by blockchain data analytics platform IntoTheBlock, Dogecoin outpaces its counterparts, w
  
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• Cryptocurrency and Blockchain Market Share Report 2023-2030 - Benzinga

  08-09-2023 21:37
  Cryptocurrency and Blockchain Market Share Report 2023-2030  Benzinga
  
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• Fed vice chair Barr gives update on CBDC research, plugs stablecoin legislation

  08-09-2023 21:30 via cointelegraph.com
  
  Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event.
  
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• BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined

  08-09-2023 21:25 via cointelegraph.com
  
  Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical.
  
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• Price analysis 9/8: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

  08-09-2023 21:03 via cointelegraph.com
  
  Bitcoin remains stuck in a range, but certain altcoins are showing signs of breaking down in the near term.
  
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• Blockchain Association responds to US lawmakers’ request for crypto tax guidance

  08-09-2023 21:03 via cointelegraph.com
  
  Lawmakers with the U.S. Senate Financial Services Committee announced in July they would be accepting suggestions on how to tax crypto until Sept. 8.
  
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• Litecoin Breaks Another Record: HODLers On Network Now Exceed 5 Million

  08-09-2023 20:33 via newsbtc.com
  On-chain data shows Litecoin has reached another milestone as the total number of HODLers on the network now exceeds five million.
  Litecoin Long-Term Holders Have Continued To Rise In Number Recently
  According to data from the market intelligence platform IntoTheBlock, LTC has seen its long-term holder count hit a new record this week. The firm defines “long-term holders” (LTHs) or HODLers as investors holding onto their coins since at least one year ago. Note that this cutoff for th
  
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• SEC Brings First-Ever Enforcement Action Against Non-Fungible ... - JD Supra

  08-09-2023 20:31
  
  SEC Brings First-Ever Enforcement Action Against Non-Fungible ...  JD Supra
  
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• The Fed could lose $100B — Does this spell catastrophe for Bitcoin?

  08-09-2023 20:30 via cointelegraph.com
  
  On the latest episode of “Macro Markets,” Marcel Pechman explains the potential implications for crypto of the Federal Reserve losing $100 billion.
  
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• Cryptocurrency trading hits lowest volume in August: Report ... - Cryptopolitan

  08-09-2023 20:11
  
  Cryptocurrency trading hits lowest volume in August: Report ...  Cryptopolitan
  
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• CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud

  08-09-2023 20:05 via coinjournal.net
  
  CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020.
  Orvidas was also charged for failing to register as a commodity pool operator.
  The CFTC order imposed a $2 million restitution and $500,000 civil monetary penalty.In regulation news today, the Commodity Futures Trading Commission (CFTC) has fined Jacob Orvidas from Utah, United States, more than $2.5 million for being behind a leveraged Bitcoin fraud scheme in which at least four pool partic
  
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• Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push

  08-09-2023 19:53
  
  The recent optimism around crypto spot exchange-traded funds helped narrow the ETHE discount.
  
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• Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst

  08-09-2023 19:45 via cointelegraph.com
  
  Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000.
  
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• 10 years later, still no Bitcoin ETF — but who cares?

  08-09-2023 19:20 via cointelegraph.com
  
  The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create.
  
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• TopHash Announces New Cryptocurrency Cloud Mining Plans - GlobeNewswire

  08-09-2023 19:15
  
  TopHash Announces New Cryptocurrency Cloud Mining Plans  GlobeNewswire
  
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• Ripple acquires Fortress Trust, expands license portfolio in the US

  08-09-2023 19:00 via cointelegraph.com
  
  Fortress holds a Nevada Trust license for asset custody. Ripple holds more than 30 licenses across the United States.
  
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• Human vs. AI: Who is better at crypto investing?

  08-09-2023 19:00 via cointelegraph.com
  
  Cointelegraph journalist Giovanni Pigni spent two weeks challenging an AI program in a crypto investment competition.
  
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• Bitcoin Spot ETFs: Research Firm Predicts Inflows Over 70,000 BTC, This Price Target

  08-09-2023 19:00 via newsbtc.com
  
  In a recent series of tweets, Vetle Lunde, Senior Analyst at K33 Research, delved deep into the potential ramifications of the US Bitcoin (BTC) spot ETFs. Lunde’s analysis suggests that the broader market might be significantly underestimating the transformative power of these financial instruments.
  Lunde’s assertion is rooted in five core reasons. He began with a bold proclamation: “The market is wrong – and dramatically underestimates the impact of US BTC ETFs (and ETH
  
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• Nasdaq receives SEC approval for AI-based trade orders

  08-09-2023 18:40 via cointelegraph.com
  
  The artificial intelligence-based order type could make stock trading even more efficient.
  
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• Cryptocurrency boss is jailed for 11,196 years in Turkey after defrauding investors of millions of dollars - a - Daily Mail

  08-09-2023 18:12
  Cryptocurrency boss is jailed for 11,196 years in Turkey after defrauding investors of millions of dollars - a  Daily Mail
  
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• Edelman predicts a $150K Bitcoin price post-halving. How does this impact Chancer?

  08-09-2023 17:56 via coinjournal.net
  
  Edelman says Bitcoin could rise to $150,000 after the 2024 halving event.
  A strong Bitcoin could boost the sentiment for other cryptocurrencies like Chancer.
  Analysts expect up to a 1,000% price increase for Chancer.
  After a prolonged bear crypto market, Bitcoin is expected to look up to the stars again. The upcoming halving event somewhere in April 2024 is expected to boost prices. Edelman Financial Services, which manages over $291 billion in assets, expects a fixed-figure price for BTC. The h
  
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• JPMorgan reportedly considers a payment token as Shiba Memu raises $2.58 million

  08-09-2023 17:51 via coinjournal.net
  
  JPMorgan is said to be launching a blockchain-powered token to revolutionise its global payments.
  Shiba Memu takes on meme tokens with an AI application amid the hunt for new crypto use cases.
  Shiba Memu could increase by up to 50x, given the historic price moves of meme cryptocurrencies.
  The hunt for new solutions in a blockchain-based economy is on. JPMorgan is the latest to consider a blockchain-based deposit token for global payments. Meanwhile, Shiba Memu is bringing a new marketing perspec
  
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• Apple secures rights to book on Sam Bankman-Fried for $5M: Report

  08-09-2023 17:40 via cointelegraph.com
  
  The book on the former FTX CEO by ‘Big Short’ author Michael Lewis is scheduled to be released on Oct. 3, the day SBF's criminal trial in New York begins.
  
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• XLM Surges With 10% Rally – Can The Recovery Hold Its Ground?

  08-09-2023 17:30 via newsbtc.com
  
  Stellar (XLM) has experienced a robust resurgence, bouncing off a crucial support level at $0.11. Chart indicators are pointing towards a promising outlook for bullish investors, marking a significant shift in momentum since mid-August. This second rebound from the same support level underscores the formidable strength exhibited by bulls, hinting at the potential for further gains.
  A price analysis notes that the $0.11 support level has emerged as a steadfast defense line for XLM enthusiasts. Re
  
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• Coinbase plans major expansion in countries with “clear crypto rules”

  08-09-2023 17:08 via coinjournal.net
  
  Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory trajectory.
  The exchange also has plans for major partnerships with banking providers and seeks to expand its products and services, including derivatives.Coinbase, the leading US-based cryptocurrency exchange, has announced plans for its second phase international expansion, with targeted markets including the EU, UK, Australia, Brazil, Canada and Singapore.
  The crypto company sai
  
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• Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust

  08-09-2023 17:00
  
  A person with knowledge of the matter said the figure was less than the $250 million price tag for custody firm Metaco, which Ripple acquired in May.
  
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• Cryptocurrency XDC Network's Price Increased More Than 7% Within 24 hours - Benzinga

  08-09-2023 17:00
  Cryptocurrency XDC Network's Price Increased More Than 7% Within 24 hours  Benzinga
  
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• CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud

  08-09-2023 16:00 via cointelegraph.com
  
  The CFTC has brought or resolved ten fraud cases involving digital assets or forex since June 2023, Commissioner Kristin Johnson said.
  
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• Cardano Whales Sell 1.02 Billion ADA, More Pain Ahead?

  08-09-2023 16:00 via newsbtc.com
  On-chain data shows the Cardano whales have sold more than a billion ADA during the past week, a sign that pain may not be over for the asset yet.
  Cardano Whales Have Participated In Some Distribution Recently
  Cardano didn’t have the best time in August, as the cryptocurrency registered a more than 18% drop. This new month of September hasn’t been any better for ADA, as the asset has only continued to struggle sideways around its lows so far.
  At present, the asset is trading just und
  
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• U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off

  08-09-2023 15:57
  
  The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.
  
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• Base Ecosystem Fund Reveals First Round of Investments in ... - Best Stocks

  08-09-2023 15:56
  
  Base Ecosystem Fund Reveals First Round of Investments in ...  Best Stocks
  
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• Crypto firm LBRY files to challenge ruling it violated US Securities Law

  08-09-2023 15:45 via coinjournal.net
  
  The SEC filed a lawsuit in a New Hampshire court arguing that LBRY’s LBC tokens were tokens and not cryptocurrencies.
  The SEC won a case in November 2022 and LBRY said that it would close.
  LBRY was also ordered to pay a fine of $111,614.The cryptocurrency firm LBRY has announced its intention to appeal a previous New Hampshire court’s finding that it had neglected to register with the SEC. LBRY announced on its X (previously Twitter) account that it intended to appeal the decision.L
  
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• AI usage on social media has potential to impact voter sentiment

  08-09-2023 15:41 via cointelegraph.com
  
  The U.S. presidential election is nearing and with it comes the employment of technologies like AI on social media platforms to manipulate voter sentiment.
  
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• Global Regulatory Shifts in Cryptocurrency: Impact on XRP and ... - The European Business Review

  08-09-2023 15:34
  
  Global Regulatory Shifts in Cryptocurrency: Impact on XRP and ...  The European Business Review
  
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• Big Questions: What’s with all the crypto deaths? 

  08-09-2023 15:30 via cointelegraph.com
  
  Stuffed down toilets, dismembered in suitcases — crypto has been the common denominator for several gruesome murders and mysterious deaths this year.
  
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• 10 Free Cryptocurrency Courses for Traders and Investors ... - Cryptopolitan

  08-09-2023 15:09
  
  10 Free Cryptocurrency Courses for Traders and Investors ...  Cryptopolitan
  
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• Crypto price prediction: XDC Network, Cronos, Astar

  08-09-2023 15:04 via coinjournal.net
  
  Cryptocurrencies moved sideways this week as Bitcoin remained below $26,000.
  XDC Network, Cronos, and Astar were among the biggest gainers.
  Cryptocurrency prices had a relatively muted performance this week as a sense of fear spread in the market. Bitcoin was stuck at $26,000 while American indices like the Dow Jones, Nasdaq 100, and S&P 500 retreated. The US dollar index (DXY), on the other hand, staged a strong recovery as it soared to the highest level in five months.
  XDC Network pri
  
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• NFT startup Rario loses founders after $120M funding last year: Report

  08-09-2023 15:02 via cointelegraph.com
  
  As part of the reported restructuring efforts at Rario, a number of roles are also being eliminated, according to the report.
  
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• Saudi Arabia looks to blockchain gaming and Web3 to diversify economy

  08-09-2023 15:01 via cointelegraph.com
  
  The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3.
  
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• Turkish crypto exchange Thodex CEO jailed for 11,196 years

  08-09-2023 14:51 via coinjournal.net
  
  The long-drawn-out case against the Thodex crypto exchange had 21 defendants.
  16 defendants were acquitted of “qualified fraud” for lack of evidence.
  The CEO, Faruk Fatih zer, and his two siblings received the highest sentencing. A Turkish court sentenced Faruk Fatih zer, the former CEO of the crypto exchange Thodex, to 11,196 years in jail for “establishing, managing, and being a member of an organization,” “qualified fraud,” and “laundering of propert
  
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• Bitcoin Halving is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth

  08-09-2023 14:49
  
  The magnitude of the expected halving-led uptrend in bitcoin is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.
  
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• Kickstarting Bitcoin Bull Run Requires Fiat Money Supply Growth

  08-09-2023 14:43
  
  The magnitude of the expected halving-led uptrend in bitcoin is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.
  
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• Dogecoin Poised for a 150% Surge? Key Price Levels to Watch

  08-09-2023 14:40 via newsbtc.com
  
  The price trajectory of Dogecoin has been significantly influenced by Elon Musk’s tweets about the meme coin in recent weeks and months. Notably, Dogecoin ascended past the $0.1589 mark in November 2022, following Musk’s acquisition of Twitter. Since then, however, DOGE has been on a pronounced downtrend.
  The anticipation of Musk introducing Dogecoin as a payment method on Twitter remains palpable within the DOGE community. However, outside this sentiment is not shared, underscored b
  
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