Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Chinese regulatory authorities gave yet another shock to the cryptoverse by imposing a ban on all cryptocurrency transactions on Sept. 24. This measure came just as the market was beginning to recover from the government's June prohibition on cryptocurrency mining activities.The fear, uncertainty and doubt (FUD) that resulted from the ban caused Bitcoin (BTC) to…

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In the latest episode of “Coffee and Crypto,” Cointelegraph’s head of editorial Olivia Capozzalo and head of news Molly Jane Zuckerman have discussed the biggest headlines in the crypto world — armed with steaming cappuccinos.The cappucci-newsIn the video, Capozzalo and Zuckerman have a packed agenda.First, they make sense of the news that the United States…

Iranian bitcoin (BTC) miners are moving into mosques as the government launches an energy crackdown, social media users revealed on June 25.Iran, which offers free energy to mosques, now has around 100 miners occupying places of worship, generating much-needed income of around $260,000 a year. “This money goes a long way in Iran’s choked sanctioned economy,”…

Google Cloud will be an independent enterprise validator for Ronin in a node pool along with Animoca Brands, DappRadar and Nansen. 111 Total views 5 Total shares While some are unable to recover from hacking incidents and have to throw in the towel, others are able to pick up the pieces, learn from their shortcomings…

NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.

In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment. 366 Total views 11 Total shares Infinity Exchange, a new platform providing institutional grade capital efficiency in decentralized finance (DeFi), announced a $4.2 million seed found in a bid to boost institutional adoption for DeFi.Infinity…

Transaction fees are falling rapidly on Bitcoin and Ethereum, as the coin prices of both recede from recent peaks. 6750 Total views 23 Total shares Transaction fees on Bitcoin and Ethereum have fallen by 81% and 71% respectively over the last few weeks, as the broader cryptocurrency market continues to descend from its recent all-time…