Bitcoin can still hit $100K, no matter who wins US election
The prospect of favorable regulations and Bitcoin’s hedge status mean that Bitcoin can weather any election result and even reach $100,000.
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Australian competition regulator takes Meta to court over fake crypto ads
The ACCC highlighted unapproved or endorsed “scam” ads featuring prominent Australian figures such as entrepreneur Dick Smith, TV host David Koch and former NSW premier Mike Baird in particular. 65 Total views 2 Total shares The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that…

US: Four Crypto Exchanges Establish Self-Regulatory Association for Digital Commodities Industry
Crypto exchanges Gemini, Bitstamp, Bittrex, and bitFlyer USA have announced the creation of a self-regulatory organization for digital commodities, such as cryptocurrencies, Business Insider reports August 20. The new group, dubbed “Virtual Commodity Association Working Group,” aims to help large-scale investors get more comfortable with the crypto market, work on formulating industry standards, and “be…

New York’s push to ban crypto mining triggers response from community
In a tweet, Lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.” 389 Total views 14 Total shares As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through…

US appeals court greenlights election prediction markets
The ruling paves the way for election prediction markets to operate in the United States.

AI tokens surge ahead of ‘Super Bowl’ Nvidia earnings report
Artificial intelligence-based crypto assets have surged as much as 70% in the past seven days as all eyes fall on Nvidia’s incoming earnings report.

Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio
Sorare attained a $4.3-billion valuation with a Series B funding round led by the Tokyo-based holding company. 1639 Total views 43 Total shares Sorare, a marketplace for nonfungible token (NFT) trading cards, has raised $680 million in a Series B funding round led by Japanese fintech giant SoftBank, resulting in a revised valuation of $4.3…

Canada’s Largest Bank Refutes Rumors About It Launching Crypto Exchange
The Royal Bank of Canada (RBC) — the largest bank in Canada with $499 billion in assets under management — will not launch its own digital currency trading platform, contrary to previously published news.Last week, rumors that the RBC was exploring the possibility of launching its own cryptocurrency exchange began circulating the internet on a…

Ethereum futures premium hits 1+ year low — Is it time to buy the ETH bottom?
Ether (ETH) price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused the premium relative to the regular spot market to drop to its lowest level in over a year.