Low-income crypto investors are using gains to buy houses: Treasury study
Low-income households with high crypto exposures saw the largest increase in mortgage and auto loan originations and balances, US Treasury research revealed.
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Europe’s Revolut app now offers crypto trading for Aussie users
After opening its doors to Australians last month, one of the largest brokerage firms in Europe is now offering crypto trading services.U.K.-based money app Revolut announced on Sept. 3 that its tens of thousands of Australian customers are now able to buy, sell, and hold crypto assets. Users can convert their fiat into Bitcoin (BTC),…

Exchanges gear up crypto advocacy in Canada as elections loom
Cointelegraph’s Sam Bourgi discussed Canada’s evolving regulatory landscape with Kraken and Coinbase at the Blockchain Futurist Conference, highlighting areas where the country still lags.

Potential US ban is a reminder that influencers should dump TikTok
With a recent proposal by a member of the United States Federal Communications Commission (FCC) to ban TikTok, influencers are scrambling. If the FCC makes good on the ban, TikTok creators could lose their fanbases and revenue streams overnight.People are often skeptical about Web3, many of them influencers and digital content creators. Notably, many of…

BREAKING: US lawmakers behind crypto amendments to infrastructure bill introduce compromise
Senators putting forth differing amendments for provisions in the infrastructure deal which apply to crypto have reached a compromise after a legislative setback. In a press conference today, Senator Pat Toomey said there was now a bipartisan agreement on an amendment to infrastructure bill HR 3684 backed by Cynthia Lummis, Rob Portman, Mark Warner, Kyrsten Sinema,…

Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH?
Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside.

Here’s why one analyst says Bitcoin will outperform Ethereum in the short term
In terms of price potential, Bitcoin (BTC) is staring at the possibility of outperforming Ether (ETH) in the short term.So believes David Lifshitz, the chief investment officer at ExoAlpha, a Paris-based investment management service, who noted that Bitcoin's upside potential in the near-term is higher than that of Ethereum. He said so after spotting a recent…

Montenegro makes Vitalik a citizen, part of plans to promote it as a blockchain hub
The small southeast European nation is beginning to sift through the murky waters of blockchain regulation by granting the Ethereum co-founder citizenship. 334 Total views 6 Total shares The Montenegrin government has begun fulfilling its pledge to become a hub for blockchain innovation by reportedly making Ethereum creator Vitalik Buterin its newest citizen.Montenegrin news outlet…

ProShares Bitcoin ETF to debut on NYSE on Oct. 19
The first Bitcoin futures-linked ETF is finally launching in the United States after years of effort. 3388 Total views 30 Total shares The first Bitcoin (BTC) futures-linked exchange-traded fund in the United States, ProShares’ Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange on Tuesday under the ticker BITO.ProShares CEO Michael Sapir…