Cryptocurrency news

• Crypto's Bromance With U.S. CFTC May Be One-Sided

  07-11-2023 23:16
  
  Half of the 2023 sanctions from the U.S. Commodity Futures Trading Commission (CFTC) targeted digital assets companies and individuals, according to the agency's annual enforcement snapshot released on Tuesday.
  
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• SOL Price Reaches $41, But What’s Happening In Solana Ecosystem?

  07-11-2023 23:00 via newsbtc.com
  
  Solana (SOL) has garnered significant attention in the cryptocurrency market, surpassing its peers with an impressive 79% upward trend over the past 30 days. As its price continues to soar, inquiries have arisen regarding the reaction of the Solana ecosystem to this surge.
  About this subject, the Jarvis Labs team has offered intriguing insights into the ongoing SOL bull run and the condition of its ecosystem, addressing the factors influencing its growth.
  Is The Solana Ecosystem Lagging Behind?
  
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• Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage

  07-11-2023 23:00
  
  The crypto trading platform for EU will start in "coming weeks."
  
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• U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

  07-11-2023 22:53
  
  A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
  
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• Expect new IRS crypto surveillance to come with a surge in confiscation

  07-11-2023 22:37 via cointelegraph.com
  
  The Justice Department is claiming that it's "critical" for it to have the power to seize cryptocurrency from Americans — even if a judge never signs off.
  
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• Data highlights Bitcoin's potential path to $40K amid global economic turbulence

  07-11-2023 22:30 via cointelegraph.com
  
  Robust BTC derivatives data indicates strong demand for leverage longs.
  
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• How Sam Bankman-Fried Mastered the Art of Crypto Marketing

  07-11-2023 22:23
  
  But ended up as a failed leader.
  
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• Shiba Inu Sees Surge In Whale Activity, Will This Affect SHIB?

  07-11-2023 22:00 via newsbtc.com
  
  Recent data has revealed that Shiba Inu has experienced a significant surge in whale transactions following a recent whale transaction of a whopping 4.43 trillion SHIB tokens. This has since caused quite a stir in the cryptocurrency space.
  Shiba Inu Experiences Surge In Whale Activity
  According to data, Shiba Inu has been exhibiting astounding whale transactions over the past 24 hours amid the latest actions taken by the SHIB community to increase token support. 
  Currently, the total inflow
  
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• Bitcoin Squeezes to $35.5K as 'Mini Altcoin Season' Lifts Crypto Market Cap to $1.3 Trillion

  07-11-2023 21:47
  
  tktk
  
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• US CFPB proposes supervising digital app providers, including crypto wallets

  07-11-2023 21:09 via cointelegraph.com
  
  The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading.
  
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• Bitcoin supply held by long-term holders hits all-time high — Research

  07-11-2023 21:07 via cointelegraph.com
  
  Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data.
  
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• XRP News: Ripple CEO Teases Major Announcements At Swell Event

  07-11-2023 21:00 via newsbtc.com
  
  Ripple CEO Brad Garlinghouse has expressed his anticipation for the upcoming DC Fintech week, dropping major hints and teasers about significant announcements and heated discussions slated for the event. 
  Ripple Swell Event Sparks Community Interest
  Chief Executive Officer of Ripple, Brad Garlinghouse has teased the X (formerly Twitter) community with hints of discussions and ideas about the upcoming Ripple Swell 2023 event scheduled for November 8th and 9th in Dubai. Garlinghouse stat
  
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• YouTube is testing experimental AI that chats with you about what you’re watching

  07-11-2023 20:48 via cointelegraph.com
  
  Google’s also testing a tool that will help creators manage their comment sections.
  
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• IBM launches $500M fund to develop generative AI for enterprise

  07-11-2023 20:02 via cointelegraph.com
  
  The new fund follows IBM’s participation in a $235M series D funding rounding in August for generative AI firm Hugging Face.
  
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• Chainlink Has Massive Resistance Ahead, Will The Rally End Soon?

  07-11-2023 20:00 via newsbtc.com
  On-chain data shows there is major resistance ahead for Chainlink, a sign that could be troubling for the rally’s sustainability.
  Only 55% Of Chainlink Investors Are In Profit So Far
  As explained by an analyst in a post on X, Chainlink is still behind Bitcoin in terms of investor profitability despite the LINK price outperforming BTC in the year so far.
  The below chart shows what the LINK address concentration looks like on the different price ranges that the asset has previously visited:
  
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• How the Crypto Industry Responded to the IRS Proposed Broker Rule

  07-11-2023 19:29
  
  The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while only a relative few seemed to support it.
  
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• Vietnamese Web3 coalition Ninety Eight launches $25M ecosystem fund

  07-11-2023 19:10 via cointelegraph.com
  
  The capital will be dedicated to supporting Web3 startups in Asia.
  
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• Self-Authentication System Of Shiba Inu Has Technical Issues, Developer Reveals

  07-11-2023 19:00 via newsbtc.com
  
  The newly launched SHIB self-authentication system, Shibdentity, has witnessed some technical issues. Kaal Dhairya, a Shiba Inu developer, revealed this today, November 7. As part of their efforts to make the Shib Ecosystem self-sufficient, the developers also introduced The Shib Magazine.
  Shiba Inu Developers Launches The Shib Magazine
  The Shiba Inu developers recently launched Shib Name Service (SNS) on its layer-2 network, Shibarium. The Shib Name Service aims to introduce the Shibdentity, a
  
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• Coinbase beefs up its global advisory council with four national security experts

  07-11-2023 18:40 via cointelegraph.com
  
  Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists.
  
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• Coinbase beefs up its global advisory council with 4 national security experts

  07-11-2023 18:40 via cointelegraph.com
  
  Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists.
  
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• The Alameda gap and crypto liquidity crisis explained

  07-11-2023 18:34 via cointelegraph.com
  
  The November 2022 Alameda gap exposed vulnerabilities in the crypto market, shedding light on FTX and Alameda Research’s fraud.
  
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• The Crypto Industry Responded to the IRS Proposed Broker Rule

  07-11-2023 18:30
  
  The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while only a relative few seemed to support it.
  
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• Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary

  07-11-2023 18:27
  
  The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.
  
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• The Handover Begins: TradFi Takes Center Stage in Crypto’s Next Phase

  07-11-2023 18:18
  
  Not only are institutions here, but they’re starting to eat the crypto-natives’ lunches. This is a catalyst for further development and innovation in the digital assets space, say Mark Arasaratnam and Ilan Solot at Marex.
  
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• The Graph, Known as 'Google of Web3,' Plans AI-Assisted Querying

  07-11-2023 18:15
  
  The blockchain indexing protocol released a new roadmap to add features, in one of the project's biggest upgrades since a $50 million fundraising in 2022.
  
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• Dogecoin Climbs Above $0.075 To 3-Month High, But Metrics Show It’s Far From Done

  07-11-2023 18:00 via newsbtc.com
  
  Dogecoin has emerged as one of the clear winners in the last week after its price climbed over 10% to secure the $0.075 level. This incredible rally has brought the meme coin to its highest level in the last three months. However, it may only be getting started as multiple DOGE metrics continue to exhibit bullishness.
  Dogecoin Whales Still In The Game
  One of the most important metrics that show how investors are looking at a coin like Dogecoin is what the large investors are doing. Initially, wh
  
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• U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud

  07-11-2023 17:53
  
  Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency.
  
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• Bitcoin Ordinals see resurgence on Binance listing

  07-11-2023 17:53 via cointelegraph.com
  
  The ORDI token, which was not developed by the creator of Bitcoin Ordinals, has surged by 41% in the past 24 hours.
  
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• Bitcoin Ordinals see resurgence from Binance listing

  07-11-2023 17:53 via cointelegraph.com
  
  The ORDI token, which was not developed by the creator of Bitcoin Ordinals, has surged by 41% in the past 24 hours.
  
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• Avail, Data Availability Solution to Rival Celestia, Unveils 'Incentivized Testnet'

  07-11-2023 17:00
  
  The announcement comes as Celestia's recent launch and airdrop has kindled interest in "modular" blockchain projects that can relieve the burden on primary networks like Ethereum.
  
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• Analyzing ADA Solid 25% Gain: Signs Point To Cardano Rally Ahead

  07-11-2023 17:00 via newsbtc.com
  
  FOR UPDATE…
  Cardano (ADA) has been making significant strides in the cryptocurrency market, reclaiming its position at the forefront of the altcoin buzz. The digital currency’s price rally has propelled it to a multi-month high, signaling a collective effort from both retail and whale investors. 
  At the time of writing, Cardano’s trading volume stands at an impressive $380,929, reflecting a remarkable 24.8% increase overnight. This surge in trading activity serves as a te
  
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• 9 tips for a food business considering blockchain for its supply chain

  07-11-2023 17:00 via cointelegraph.com
  
  With the right focus and plan, blockchain can add real value to the food and agricultural industry’s supply chain.
  
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• Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO

  07-11-2023 16:59
  
  Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.
  
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• New Defending Globalization Content: Cryptocurrency and Food ... - Cato Institute

  07-11-2023 16:52
  
  New Defending Globalization Content: Cryptocurrency and Food ...  Cato Institute
  
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• U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers

  07-11-2023 16:32
  
  Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
  
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• Why Institutional Allocation to Crypto Is on the Rise

  07-11-2023 16:30
  
  Financial insitutions have been slow to get into digital asset markets. But, as regulatory clarity improves, that’s about to change, says Erik Anderson, Global X’s Senior Digital Assets Research Analyst.
  
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• Chainlink and LINK cryptocurrency see growth amid mixed market ... - Investing.com

  07-11-2023 16:20
  Chainlink and LINK cryptocurrency see growth amid mixed market ...  Investing.com
  
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• Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding

  07-11-2023 16:00
  
  The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies.
  
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• Bitcoin May Be Headed Towards 20%+ Decline Based On This Pattern

  07-11-2023 16:00 via newsbtc.com
  Bitcoin could see a decline of at least 20% in the near future, if the historical pattern of this indicator is anything to go by.
  Aggregated Open Interest Of Assets Except Bitcoin Is Forming A Bearish Pattern
  In a new post on X, CryptoQuant Netherlands community manager Maartunn has talked about a bearish pattern forming in the aggregated open interest of all cryptocurrencies except Bitcoin.
  The “open interest” here refers to an indicator that measures the total amount of derivative
  
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• Sol, Memes, BTC: Digital Assets That Currently Outperform the Market

  07-11-2023 15:55
  
  While the overall crypto market remains down from its highs during the bull run of 2021 and 2022, there are several bright spots. Here, according to CoinDesk Indices, are the ones to watch.
  
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• Bitcoin Maintains Its Upward Momentum As Cryptocurrency Funds ... - Investing.com Canada

  07-11-2023 15:54
  Bitcoin Maintains Its Upward Momentum As Cryptocurrency Funds ...  Investing.com Canada
  
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• Simp DAO queen Irene Zhao on why good memes are harder than trading: X Hall of Flame

  07-11-2023 15:30 via cointelegraph.com
  
  The original SimpDAO queen Irene Zhao says making good memes is harder than trading as you need to understand the market and the audience.
  
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• Coinbase Adds 4 National Security Experts to Its Global Advisory Council

  07-11-2023 15:13
  
  Coinbase has added four national security experts, including former U.S. Secretary of Defence Dr. Mark T. Esper, to its Global Advisory Council.
  
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• Crypto Broker sFOX Offers Commission-Free Blockchain Staking from Regulated Custody

  07-11-2023 15:00
  
  “We are providing a gateway to staking without stepping in the middle or taking any revenue or profit,” founder Akbar Thobhani said.
  
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• Cardano (ADA) 50-Week EMA Flashes Bullish, Is $0.45 On The Way?

  07-11-2023 15:00 via newsbtc.com
  
  Cardano (ADA) is one of the altcoins that has seen major gains in recent days, and this has ignited chatter about how the crypto token could climb. In line with this, Dan Gambardello, the founder of Crypto Capital Venture, has some answers as he provided insight into the token’s trajectory using technical analysis.
  What The Charts Are Saying About Cardano
  In a video shared on YouTube, Gambardello highlighted the fact that ADA saw a weekly close above the 50-week exponential moving average
  
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• '107,000 GPUs on the waitlist' — io.net beta launch attracts data centers, GPU clusters

  07-11-2023 14:59 via cointelegraph.com
  
  Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform.
  
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• ‘107,000 GPUs on the waitlist’ — Io.net beta launch attracts data centers, GPU clusters

  07-11-2023 14:59 via cointelegraph.com
  
  Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform.
  
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• Caitlin Long’s Custodia Bank launches Bitcoin custody platform

  07-11-2023 14:55 via cointelegraph.com
  
  Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year.
  
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• Biden AI executive order 'certainly challenging' for open-source AI — industry insiders

  07-11-2023 14:08 via cointelegraph.com
  
  The executive order on AI safety from the Biden Administration has laid out its standards for the industry though its vagueness has raised concerns among the AI community over stifling innovation.
  
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• Biden AI executive order ‘certainly challenging’ for open-source AI — Industry insiders

  07-11-2023 14:08 via cointelegraph.com
  
  The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the AI community over stifling innovation.
  
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