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Cryptocurrency News

Location American Cryptocurrency News for 28 September 2023
Bitcoin, Ethereum Technical Analysis: ETH Moves to 1-Week High, as BTC Consolidates Recent Gains Ethereum climbed to a fresh one-week high on Thursday, as bulls kept price above a key resistance level. The move comes despite cryptocurrencies mostly consolidating in today’s session, following Wednesday’s rally. B...
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Marathon Digital Mines Invalid Bitcoin Block, Blames Bug Amid Community Concerns Bitcoin miner Marathon Digital confirmed it mined an invalid block due to a bug during an experiment to sharpen the company's operations. The firm disclosed the incident in an announcement on X (formerly Twitter) saying ...
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U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions It would be hard for a big exchange to repeat an FTX collapse if the firm's internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That's the idea behind new legislation...
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Chinese Tech Giant Tencent Joins CBDC Interoperability Pilot China's Tencent, the operator of the WeChat and WeChat Pay platforms, will join central bank-led digital yuan and CBDC interoperability pilots. WeChatPay, along with its rival Alipay, has cornered some 15% of the Chinese...
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13 Crypto Exchanges Hold Over 14% of Industry's Wealth; Binance Dominates with 42% Share of $151B in Reserves On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 tril...
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European Commission Initiates €800,000 Study to Address Crypto's Environmental Impact On Tuesday, the European Commission awarded an 800,000 euro ($842,000) contract as part of its efforts to address the environmental impact of cryptocurrencies. In a tender document released on September 26, titled "Devel...
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US Lawmakers Urge SEC to 'Immediately' Approve Spot Bitcoin ETFs -- Say There's No Reason to Deny Applications Four U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to immediately approve spot bitcoin exchange-traded funds (ETFs). “Following the Court of Appeals’ decision, there is no reason to ...
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Bitcoin miner Marathon mines invalid block in failed 'experiment' Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations.
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Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer Microsoft bans play-to-earn Bitcoin Minecraft server Satlantis, iPhone 15 has big potential for crypto gaming, Formula E preview, and more.
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Best Crypto to Buy Now September 28 - Biconomy, Compound, LeverFi The asset management firm VanEck announced on Thursday that it plans to launch an exchange-traded fund (ETF) based on Ethereum futures contracts in the near future. The VanEck Ethereum Strategy ETF (EFUT) will invest in ...
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3 reasons why Bitcoin miners are selling BTC -- and why it's not capitulation Crypto market analysts tend to interpret Bitcoin miners selling their of BTC rewards as bearish, but miners countered this logic in detail at the recent Bitmain WDMS conference.
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Ripple Backs Out of Fortress Trust Acquisiton, Citing Change in Strategy In a surprising turn of events, Ripple CEO Brad Garlinghouse announced today that the financial technology firm will not proceed with its previously planned acquisition of Fortress Trust, a Nevada-licensed financial serv...
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Meta AI Assistant Launches to Compete With Chatbots Like Chatgpt Meta Platforms, the parent company of Facebook and Instagram, launched its own chatbot based on artificial intelligence (AI) technology. Meta AI provides an alternative to products like Openai's Chatgpt and is setting ou...
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Valkyrie Investments Receives SEC Approval for First Ethereum Futures ETF Today, Nashville-based asset management firm Valkyrie Investments secured approval from the U.S. Securities and Exchange Commission (SEC) to launch the first-ever exchange-traded fund (ETF) for Ethereum futures. This cou...
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Bitcoin Price Prediction as Trading Volume Grows 78% as Interest in Crypto Comes Back - Time to Buy? In recent days, the cryptocurrency market has witnessed a renewed interest, evidenced by a staggering 78% growth in trading volume. Central to this resurgence is Bitcoin, the foremost digital asset, which has experienced...
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Ripple Retracts Acquisition Plans for Fortress Trust Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided "not to move forward with an outright acquisition." Garlinghouse didn’t cite specific reasons for...
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Here's the Sam Bankman-Fried Trial Schedule

Coin Desk - 28 Sep 2023 22:08
Here's the Sam Bankman-Fried Trial Schedule Sam Bankman-Fried's trial is scheduled to start on Oct. 3, but the actual opening arguments are projected to begin a day later, a newly released court trial calendar shows.
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Russia's Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact in the Chinese yuan. This sh...
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Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level for the first time alongside easing macro pressures.
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Ripple Cancels Plan to Buy Fortress Trust

Coin Desk - 28 Sep 2023 21:10
Ripple Cancels Plan to Buy Fortress Trust "While this outcome is different from what was originally planned, we'll continue to support them and hope to work together in the future," said CEO Brad Garlinghouse.
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Coinbase Launches Perpetual Futures Trading for Retail Crypto Traders Outside the US Coinbase has received a regulatory stamp of approval to start offering perpetual futures trading to retail crypto traders outside the U.S., opening up access to the $5.5 trillion global derivatives market. Coinbase Exten...
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On-chain Expert Probes the Ethereum Foundation's Link to the Filecoin ICO An on-chain investigator, known as @BoringSleuth on X (formerly Twitter), has raised questions about the origin of the popular blockchain project Filecoin (FIL) and its initial coin offering (ICO). In a recent report sha...
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