3 key metrics point to ‘up only season’ in altcoins — Analysts
The crypto market is recovering from this week’s brutal sell-off, and analysts say 3 key metrics suggest an altcoin season could be on the way.
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Why is the crypto market up today?
The crypto market is up today as crypto traders anticipate a Trump victory in November following a failed assassination attempt on the former president.

HBUS Survey: Almost 12% of US Cryptocurrency Holders Are Long-Term Investors
Almost 12% of crypto holders are long-term investors, according to a survey shared with Cointelegraph on May 13 by HBUS, the operator of United States-based cryptocurrency exchange Huobi.The company reportedly surveyed 1,067 American participants between March and April this year, finding that 19.58% of people with an income higher than $99,000 per year are actively…

Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC).Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC will be transferable without a bank due to its loosely coupled…

Can Ethereum price reach $4K after a triple-support bounce?
Ethereum's native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup shared by independent market analyst Wolf.Classic bullish reversal pattern in the works? The pseudonymous chart analyst discussed the role of at least three support levels in pushing the ETH price up by nearly 30% from its local…

Mercedes Parent Firm is Building a Crypto Hardware Wallet for Cars
Daimler, the German multinational corporation behind the Mercedes-Benz brand, partnered with European blockchain interface solutions startup Riddle & Code to provide an open car hardware wallet solution, the startup announced in a press release published on July 22.‘Turn automobiles into future market places’Per the release, car wallets have a wide variety of use cases, such…

Driving ‘purists beserk’: Co-chair of blockchain caucus wants to ‘reverse’ crypto transactions
Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks. Bill Foster, Democratic Representative and co-chair of the Congressional blockchain caucus, has called for a regulatory framework that would enable third parties to reverse fraudulent or criminal transactions. Foster…

Arsenal FC to launch AFC Fan Token on Socios
Socios will become the digital meeting place for “Gooners,” the term used since the 1980s to describe Arsenal fans. English Premier League stalwart Arsenal F.C. is launching a new fan token in partnership with Socios, giving its supporters the ability to influence club decisions and access team-related content. The partnership makes Socios the main digital meeting…

Chainalysis acquires Web3 security firm Hexagate
The buyout marks a pivot toward threat prevention for Chainalysis.