Bitcoin traders brush off September blues, say closing price may ‘surprise the bears’

Thursday, Sept. 26 — Bitcoin (BTC) has dipped below $7,800 after the coin touched its four-month lows on Sept. 24.Market visualization. Source: Coin360Lowest levels since springBitcoin entered rough volatility this week after the largest cryptocurrency crashed $1,500 in 24 hours on Tuesday to touch the $8,000 threshold. After seeing signs of recovery earlier today, Bitcoin…

Standard Bank Group has become the first African node operator on the Hedera network. 3472 Total views 14 Total shares Standard Bank Group — Africa’s largest bank by assets — has partnered with enterprise-grade distributed ledger technology project Hedera Hashgraph.According to a joint announcement, the African banking giant now joins other major corporations like Google,…

ConsenSys, a major Ethereum software company, will contribute its technology to South Korean CBDC simulations led by Ground X. 321 Total views 8 Total shares The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital currency pilots.Kakao’s Ground X had won the…

The new CFTC proposal enhances rules for futures commission merchants and derivative clearing organizations, mandating high liquidity in customer fund investments. 236 Total views 3 Total shares The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets.The recent CFTC proposal seeks to enhance the rules for futures

Heath Tarbert will serve as the company’s chief legal officer and head of corporate affairs, bringing experience with all three branches of government. 1044 Total views 2 Total shares Stablecoin issuer Circle has loaded its arsenal to fight the ongoing regulatory crackdown on crypto. By July 1, the role of chief legal officer and head…

Illya Sutskever said he’s leaving OpenAI for a “personally meaningful” project, and research director Jakub Pachocki is now taking over the role.

Russia’s parliament, the State Duma, may defer the adoption of the country’s major crypto bill “On Digital Financial Assets” (DFA) until the autumn session, local news outlet TASS reported on July 9.The Duma is considering shifting the adoption of the DFA bill to the autumn session, while the representatives have largely agreed on a bill…

The U.K. tax authority is trying to crack down on wealth hidden in "unsanctioned" currencies. 1554 Total views 11 Total shares Her Majesty's Revenue and Customs, the tax authority of the United Kingdom, will ramp up its efforts to snare cryptocurrency tax evaders in an attempt to uncover what it regards as hidden wealth, says…