Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders close in on rangebound BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD taking aim at $19,500 after starting the month flat. The largest cryptocurrency reacted positively to lower than expected United…
Month: October 2022
Promoting Crypto on Instagram? Disclosures Need More Than a Hashtag, Says Gensler
Promoting crypto online? You’re going to need a longer hashtag for that, says SEC Chairman Gary Gensler. Following the SEC’s charges against Kim Kardashian for promoting the EthereumMax (EMAX) token online, Gensler clarified the rules governing influencers promoting crypto online The influencer was hit with a $1.26 million fine today for allegedly failing to disclose the $250,000 she was paid…
Successful Exhibition and Afterparty – Press release Bitcoin News
press release PRESS RELEASE. SINGAPORE, Oct. 3rd, 2022 – Global crypto exchange, LBank, joined Token 2049 in Singapore as sponsor and exhibitor. LBank was welcomed with open arms at the Token 2049 venue and continued to host a successful after-party. As one of the rise-and-coming major crypto hubs, Singapore hosted a diverse crowd of crypto lovers and gave LBank the…
NYDIG raises $720M as Bitcoin balance hits all-time high
The bear market has not deterred one of the biggest Bitcoin (BTC) bulls. The balances of the New York Digital Investment Group, or NYDIG, hit record highs in Q3 of this year. Plus, a United States Securities and Exchange (SEC) filing could reveal the group’s intent to add more Bitcoin to its balance sheet. According to a press release, NYDIG’s…
XRP price could rally by 50% based off comments from a former SEC director
XRP are hoping that the token could see a massive price rally in 2022 based off the fingers-crossed assumption that Ripple will win its long-running legal battle against the U.S. Securities and Exchange Commission (SEC). Hinman documents to save XRP bulls? On Sep. 29, the district court judge in the case, Judge Analisa Torres, ordered the commission to release the documents penned…
Japanese prime minister says gov’t investment in digital transformation will include metaverse, NFTs
Fumio Kishida, the prime minister of Japan since 2021, has said the government will be making efforts to promote Web3 services, including those dealing with nonfungible tokens, or NFTs, and the metaverse. In an Oct. 3 speech before Japan’s National Diet, Kishida said the government’s investment in the country’s digital transformation had already included issuing NFTs to local authorities using…
UNI Rebounds From Recent Losses on Monday – Market Updates Bitcoin News
Uniswap was back in the green on Monday, as the token rebounded from two days of consecutive declines. The move saw prices climb towards a resistance level of $6.70, which has been in place since late August. Maker was also in the green, climbing by nearly 5% in today’s session. Uniswap (UNI) Uniswap (UNI) was a notable mover on Monday,…
Are Bitcoin Miners Selling The Bottom? – Bitcoin Magazine
Buy low then sell high is one of the most basic components of investment advice in the history of financial markets. Bitcoin is now 10 months into its current bear market cycle, and plenty of investors and companies that didn’t “sell high” are probably regretting it. Miners stand apart from all other market participants, however, because they are in effect…
What remains in the NFT market now that the dust has settled?
Over the last two years, nonfungible tokens (NFTs) have emerged as one of the most active and noticeable aspects of Web3. The data stored on blockchains by NFTs may be connected with files that include various forms of media, such as photographs, videos and audio. In certain instances, it can even be related to physical items. The owner of an…
SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax – Regulation Bitcoin News
On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans to cooperate with the SEC’s ongoing investigation. Kardashian Charged by SEC, Celebrity Agrees to Pay $1.26M…