Illustration by Mitchell Preffer for Decrypt For those who keep an eye on crypto prices, it was yet another fairly uneventful week as market leaders Bitcoin and Ethereum—and most other leading cryptocurrencies—barely budged. Among the top thirty cryptocurrencies, Stellar’s XLM was the only one to post notable losses. Last week, XLM rallied 10% off the back of a tweet promising…
Juror selection is underway ahead of the upcoming criminal trial of disgraced former FTX CEO Sam Bankman-Fried, and federal prosecutors are accusing SBF’s lawyers of trying to unfairly influence potential jurors in the case. In a filing submitted on Friday, prosecutors for the Southern District of New York asked judge overseeing the case to throw out a line of questioning…
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States. Source: https://cointelegraph.com/public/index.php/news/us-lawmakers-advance-legislation-blocking-digital-dollar
The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In a press release, the HKMA said that using certain banking terms may be misleading the public, causing users to think that the crypto firms are authorized banks in Hong…
The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency. According to an announcement from chairman Patrick McHenry, the Committee will mark up two bills about a potential digital dollar on Sep. 20. Markups are sessions in which lawmakers discuss the details of a bill. It is…
The Hong Kong Monetary Authority (HKMA), the special administrative region’s central bank, has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In a press release, the HKMA said that the use of certain banking terms may be misleading the public, causing users to think that…
Bitcoin and crypto brace for FOMC, while BTC price action delivers a refreshingly calm weekend. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-price-key-fed-inflation-week-dawns
Bitcoin and crypto brace for FOMC, while BTC price action delivers a refreshingly calm weekend. Source: https://cointelegraph.com/public/index.php/news/bitcoin-price-key-fed-inflation-week-dawns
Coinbase layer-2 network Base hit a new peak in terms of daily transactions, breaking its former record when it was launched in August, according to data from blockchain explorer BaseScan. Daily transactions chart of layer-2 network Base. Source: BaseScan On Sept. 14, the layer-2 blockchain hit 1.88 million transactions, surpassing its previous record of 1.41 million transactions on Aug. 21…
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 days prior, this marking its…
