Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s rise above $63,000 has attracted buying in several altcoins, signaling that the sentiment is turning bullish.
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US Congress Schedules Sept. 24 Hearing With SEC — Crypto on the Agenda
The United States House of Representatives Committee on Financial Services has scheduled a hearing with Securities and Exchange Commission (SEC) Chairman Jay Clayton and four other SEC commissioners to discuss, among other topics, crypto.In a memorandum from Sept. 19, the Committee on Financial Services stated that it will hold a hearing on Sept. 24 entitled “Oversight…

Worldcoin struggles to find new users willing to scan iris for crypto
The controversial crypto project’s new sign-ups have dwindled and numbers pale in comparison to the 2 million sign-ups before the launch of the project. 377 Total views 19 Total shares The controversial crypto project Worldcoin was launched for the public on July 24, making way for customers to scan their iris at designated locations in…

Bitcoin price is down, but here’s 3 reasons why $1B liquidations are less frequent
Bitcoin (BTC) might be struggling to break the $36,000 resistance for the past three weeks, but bulls now have one less thing to worry about: cascading futures contracts liquidations.One might be under the impression that a $1 billion liquidation is usual for Bitcoin. Still, traders tend to remember the most recent exaggerated movements more than…

Egypt Lays Out Path for a Crypto Future With Draft Law
In the end of May 2019, the Central Bank of Egypt (CBE) announced that it is working on a draft law for crypto-related activities. When introduced, it will oblige financial institutions in the country to obtain licenses in advance for creating, advertising or operating platforms that issue or facilitate trading of cryptocurrencies. Licenses will be issued…
Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail
The motion from Sam Bankman-Fried’s lawyers will now go to a three-judge panel, with less than four weeks before the former FTX CEO’s criminal trial is set to begin in New York. 316 Total views 33 Total shares Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being

UK publishes plans for stablecoins regulation
Non-fiat-backed stablecoins will not be allowed into regulated payment chains. 348 Total views 2 Total shares The United Kingdom government has published an update to its plans to regulate fiat-backed stablecoins. The document, published on Oct. 30, aims to facilitate and regulate the use of fiat-backed stablecoins in U.K. payment chains.According to the document, His

NYC restaurant claims it will open for NFT holders only
Although the restaurant won’t officially open its doors until 2023, two types of membership are already on sale in Ether. 152 Total views 16 Total shares VCR Group, the hospitality company founded by entrepreneur Gary Vaynerchuk, announced the live token sale of its latest members-only private dining club in New York City, called Flyfish Club.…

SEC brought 56 cases against crypto-related firms during Jay Clayton’s tenure
The SEC summarized its efforts on combating crypto misconduct as its chairman is set to step down by the end of this year. 489 Total views 7 Total shares The United States Securities and Exchange Commission has brought 56 enforcement actions against initial coin offerings, blockchain and digital asset-related companies since July 2017.On Nov. 16,…