US House to vote on FIT21 bill before holiday weekend
The legislation, passed out of committee in July 2023, would clarify how the U.S. Commodity Futures Trading Commission and Securities and Exchange Commission handle crypto.
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Bitcoin Santa Claus rally unlikely, according to on-chain and derivatives data
As the coldest days of the crypto winter set in, investors’ speculative interest in the crypto market has fallen to pre-2021 levels, impairing the chance of a substantial directional price move. However, there’s a possibility of a bear market rally akin to the July through August 2022 uptrend.The market enters a state of limboThe FTX…
Indian prime minister Modi’s hacked Twitter account attempts BTC scam
Soon after Modi's Twitter account with over 73.4 million followers got hacked, attackers shared misleading information about the mainstream adoption of Bitcoin and a 500 BTC giveaway. 850 Total views 16 Total shares The official Twitter account of Indian Prime Minister Narendra Modi got compromised earlier today, which was then used to share misleading information…
Siemens-backed blockchain energy platform showcases in Germany
The German state-funded energy project uses DLT to enable transparent market transactions. 1668 Total views 3 Total shares A blockchain-based energy trading platform backed by German tech giant Siemens is being publicly demonstrated in a Bavarian municipality today.The so-called “Pebbles” project — short for “peer-to-peer energy trading based on blockchains” — is holding a virtual…
DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study
Researchers affiliated with the Canadian central bank identified weak points in DeFi lending protocols and reported on the potential they saw for mitigating them. 118 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Bank of Canada has released a working paper that examines lending protocols in decentralized…
Australia: $50 Million ICO Shuts Down ‘in Accordance with’ Regulatory Requirements
An Initial coin Offering (ICO) conducted by an Australian crypto startup Global Tech Exchange (GTE) has ceased operations, citing the Australian Securities and Investments Commission (ASIC) requirements, the company’s website reveals Monday, Oct. 22.According to Business Insider Australia, the ICO was launched summer 2018 by GTE to create an an education-based trading and exchange platform…
These 10 Bitcoin price indicators say BTC is now a buy or ‘strong buy’
An almost clean bullish sweep for on-chain indicators suggests that now is an ideal entry point for buyers, says data analyst firm CryptoQuant. Bitcoin (BTC) is a firm “buy” according to a range of on-chain indicators that are flashing bullish this week.Collected by on-chain monitoring resource CryptoQuant, a total of ten indicators are currently telling…
Japanese Residents Have Cash to Spare, But is it Going into Crypto?
The Bank of Japan reported the supply of money stock in circulation increased 6% in June following the receipt of economic relief payments. 2184 Total views 26 Total shares Investors in Japan increased their crypto holdings during the early stages of the pandemic before the government issued economic relief payments. According to a July 13 report…
Brazilian judge suspends X after Elon Musk refuses to name representative
Supreme Court Justice Alexandre de Moraes began investigating the spread of misinformation during the government of former Brazilian President Jair Bolsonaro.