Coinbase global adviser to join President Biden’s reelection campaign
It’s unclear whether Keisha Lance Bottoms will advise the campaign on crypto, but she spoke about digital assets in Atlanta the day before the presidential debate.
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Bloomberg: Bitcoin could hit $500k or drop to zero
Limited supply and increasing demand are pushing Bitcoin into becoming digital gold. In September’s crypto outlook newsletter, Bloomberg’s analyst Mike McGlone observed that the price of Bitcoin (BTC) could either be heading to the $500,000 mark, or it could fail. McGlone has continued to reiterate that in his view, Bitcoin is set to become digital…

June
Numbers of the month $90 million — This is how much BTC needs to be absorbed every day to sustain a $100,000 price 1/3 — This is how many of institutions have invested in Bitcoin, according to Fidelity Investments $675million — The biggest Bitcoin options expiry figure to date 11.4 million — Investors are holding…

Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
The trading freeze follows an analysis from DeFi's risk manager firm Gauntlet Network considering different scenarios for the USD Coin price. 258 Total views 6 Total shares Own this piece of history Collect this article as an NFTLending protocol Aave has frozen stablecoins trading and set Loan-to-Value (LTV) ratio to zero in response to recent…

Market makers sold over $300M Ether as ETH price crashed below $2,200
Ether's price fell from above $3,000 to $2,100 due to selling pressure from a select group of market makers.

Former Amazon exec will become new CFO of crypto exchange Bitstamp
Stephen Bearpark is a 3-year veteran of Amazon and former finance director for Barclays. 3433 Total views 24 Total shares Cryptocurrency exchange Bitstamp has hired Stephen Bearpark, a former finance director at tech giant Amazon, as its chief financial officer.In an announcement today, Bitstamp said it would be appointing Bearpark to the executive position where…

US presidential debate inexplicably omits AI and quantum
Other terms that went unmentioned: cryptocurrency, blockchain, central bank digital currency, deepfake, and election security.

Nifty News: Kevin Smith sells horror flick rights as NFT, Megadeth’s ETH, farming MEMEs …
Filmmaker Kevin Smith is releasing his latest horror anthology “Killroy Was Here” as a non-fungible token. The owner of the NFT will secure the rights to exhibit, distribute, and stream the work, making it a revenue generator outside of just a resale. The filmmaker said on Twitter that: “Back in 1994, I took my first flick…

NYC court has no right to hear ‘international’ case argues Bancor firm
Lawyers argued the complaint was “based on a man in Wisconsin using an exchange in Singapore to purchase tokens issued by a Swiss entity.” 1111 Total views 21 Total shares The legal team for a crypto firm facing possible securities law violations is asking for the case to be dismissed on geographical grounds. According to court…