Bitcoin price taps $64.7K as US CPI shows core inflation at 3-year low
Bitcoin gets a much-needed boost from increasing optimism about the Federal Reserve’s course to cutting interest rates.
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US SEC Issues Fresh Investor Alert Against Fraudulent Digital Asset Trading Sites
The United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly issued an alert warning investors against fraudulent websites purporting to operate advisory and trading businesses.The alert, issued by the SEC’s Office of Investor Education and Advocacy and the CFTC’s Office of Customer Education and Outreach, was published on…
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Things just got MESSy for potential Ethereum Classic 51% attackers
Ethereum Classic is using an idea Vitalik Buterin had in 2014 to help fend off 51% attackers. 1489 Total views 17 Total shares Over the past weekend, on block 11380000, a solution for the prevention of 51% attacks was introduced to the Ethereum Classic (ETC) community. Several such attacks have recently placed ETC at a…
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Revolut expands to Japan as its first non-English speaking market
Two big crypto companies enter Japan. Revolut, a major European cryptocurrency-friendly trading application is expanding to another major market.The London-based firm has launched its digital banking app in Japan, as Revolut announced in a Sept. 8 tweet.According to a report by The Nikkei, Japan is the first non-English speaking market for Revolut. Headquartered in London,…
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From Qatar to Palestine: How Cryptocurrencies Are Regulated in the Middle East
On Sept. 4, the government of Bahrain, a constitutional monarchy in the Persian Gulf, emphasized the importance of blockchain for the country’s economy. While the kingdom seems to be taking a rather positive approach toward crypto, the Middle East at large has proven to be a difficult region for virtual currencies, as a large chunk…
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Nifty Newsletter: Mastercard to enable direct NFT purchase, NFT floor prices collapse and more
This week’s newsletter highlights Mattel signing a multi-year partnership with an NFT marketplace, Mastercard planning to let cardholders purchase NFTs directly with their cards, and NFT holders being able to earn millions of dollars through intellectual property rights for their NFTs. Those investing in NFTs can also learn more about the drop in floor prices for…
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Ark Invest sells more Coinbase shares, eyes Meta platforms, Robinhood
Cathie Wood, the Bitcoin advocate, is actively investing in Meta Platforms (META) and Robinhood Markets (HOOD) shares. 500 Total views 11 Total shares As the stock price of Coinbase (COIN) reaches a 52-week high, Ark Invest, the investment management firm led by Bitcoin (BTC) bull Cathie Wood, has recently divested more of its Coinbase shares.Following…
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BTC price rally in doubt? Bitcoin young supply echoes 2022 bear market
Bitcoin on-chain transaction data shows "uncertain" conditions prevailing, research says, warning that Q2 is not likely to match BTC price gains from earlier in 2023. 392 Total views 3 Total shares Bitcoin (BTC) traders are displaying behavior similar to the 2022 bear market bottom as “uncertain” sentiment rules, new research argues.In one of its Quicktake
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