Bitcoin (BTC) circled $26,500 into the Sep. 17 weekly close after new September highs gave way to calmer conditions. BTC/USD 1-hour chart. Source: TradingView Bitcoin saves volatility for weekly close Data from Cointelegraph Markets Pro and TradingView showed BTC price performance stabilizing over the weekend. The largest cryptocurrency had seen a trip to $26,880 two
Month: September 2023
Observers should soon get a look at some of the sealed documents in the United States Securities and Exchange Commission’s (SEC) case against Binance. The documents were sealed at the SEC’s request with the agreement of both sides and are being unsealed at the request of the SEC itself. District of Columbia District Court Magistrate
In a recent interview with Bloomberg’s Annabelle Droulers at the Singapore Token2049 conference, Ripple CEO Brad Garlinghouse shared his insights on the ongoing appeal by the Securities and Exchange Commission (SEC) regarding a court decision by Judge Analisa Torres. Garlinghouse expressed his frustration with the SEC’s persistence, stating, “Well, on one hand, it’s frustrating. You
Top Stories This Week Paxos confirms it’s responsible for paying a $500K Bitcoin transaction fee The Bitcoin miner who received 19.8 BTC in fees from blockchain infrastructure firm Paxos has returned the funds following Paxos’ claim that it made a mistake in paying over $500,000 in transfer fees. On Sept. 10, Paxos paid the six-figure
Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global. In a Sept. 15 filing in the United States Bankruptcy Court for the Southern District of New York, the legal team accused DCG of gaslighting Genesis creditors through “contrived, misleading, and inaccurate assertions” in
Bitcoin (BTC) consolidated higher on Sep. 15 as analysis described recent BTC price behavior as “textbook.” BTC/USD 1-hour chart. Source: TradingView Analyst on Bitcoin: “September is not Rektember” Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency focusing on $26,600 — below a key breakout level. Bitcoin had shrugged off the latest United
Polygon Labs’ vision of an interconnected layer-2 Ethereum ecosystem powered by zero-knowledge cryptography begins in earnest following three inaugural improvement proposals that will begin the transition to Polygon 2.0. The scaling technology firm unveiled Polygon 2.0 in June 2023, outlining plans for a scaling ecosystem made up of four protocol layers. The staking, interop, execution and
On Sept. 15, the United States government responded to questions the defense has suggested posing to potential jurors during their selection for the case against former FTX CEO Sam Bankman-Fried, often known as SBF. He faces seven charges of fraud and money laundering in connection with the collapse of the cryptocurrency exchange that could land
Bitcoin (BTC) has a $250,000 target for after its next block subsidy halving — but new all-time highs will come sooner. That is the latest BTC price prediction from BitQuant, the popular social media commentator who sees a rosy future for the largest cryptocurrency. BitQuant: Pre-halving all-time high will not be BTC price top In
Matter Labs recently announced the launch of a new ecosystem portal for zkSync, managed by DappRadar, in what both partners are calling a step towards fully decentralizing the protocol. zkSync is a layer-two blockchain for Ethereum payments. It was created by Matter Labs as a method for scaling the Ethereum blockchain ecosystem. It currently boasts
Binance Holdings CEO Changpeng Zhao (CZ) has shot down speculation surrounding the departure of Binance.US CEO Brian Shroder, noting that he is “taking a deserved break” after a successful stint at the company. Binance.US is a subsidiary of Binance Holdings, and the U.S. based exchange has seen a handful of other top executives recently step
The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is pending regulatory approval, the companies said in a statement. The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration and management on behalf of
Ethereum developers launched a new testnet on Sept. 15. Called “ Holešky,” the network is expected to be used for staking, infrastructure and protocol-development, according to its developer documents. Sepolia will remain the dominant network for application development. Hello Holesky, Ethereum’s Newest Testnet Read details below#cryptonews #ETH pic.twitter.com/Z6DUMkOExz — Amy Kols Network (@Amyykols) September 14,
In a strategic move to solidify its position in the crypto industry, Ripple has announced a comprehensive expansion of its Liquidity Hub. This expansion underscores Ripple’s dedication to enhancing user experience, diversifying its asset offerings, and broadening its global presence. Here’s What’s New At Liquidity Hub Ripple’s Liquidity Hub, known for its user-centric approach, is
Bitcoin (BTC) has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sep. 11. However, Bitcoin is not out of the woods yet. Jamie Coutts, a chartered market technician
Former FTX CEO Sam Bankman-Fried, facing multiple criminal charges related to alleged misuse of user funds, reportedly denied many of the allegations against him in documents containing a draft of a thread on X (formerly Twitter) that he never posted. According to a Sept. 14 report from The New York Times, documents provided by crypto
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