BTC price strength marches on despite the curveball CPI print and FTX liquidation go-ahead, and Bitcoin traders are hopeful for long opportunities. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-cpi-ftx-btc-price-september-high
Month: September 2023
Canadian BTC exchange partners with Costa Rica’s largest fiat payment system
A non-custodial Bitcoin-only exchange with a head office in Canada, Bull Bitcoin, has formed a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local crypto wallet solution. According to Bull Bitcoin’s press release from Sept 14, both the citizens of Costa Rica and “foreigners” will be able to convert the local currency, Colones, to…
Bitcoin ignores CPI, FTX as BTC price hits September high near $26.6K
Bitcoin (BTC) hit new September highs after the Sep. 14 daily close as markets digested macroeconomic and crypto industry news. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin market “feels different” Data from Cointelegraph Markets Pro and TradingView tracked overnight BTC price highs of $26,535 on Bitstamp. The largest cryptocurrency had shaken off higher-than-expected United States Consumer Price Index (CPI) the…
Bitcoin miner mulls refunding 20 BTC reward to Paxos
A Bitcoin (BTC) miner who mistakenly received 20 BTC — worth over $500,000 — from crypto exchange Paxos for settling a 0.008 BTC ($200) transaction is now reconsidering their decision to return the jackpot to its rightful owner. On Sept. 13, Paxos revealed to Cointelegraph that it overpaid the BTC network fee on Sept. 10, to a miner who goes…
Second-largest Thai bank creates $100-million AI fund
According to the press release published on Sept. 13, the fund will possess a $100 million investment budget with Krating Poonpol, a Chairman of KBank Business Technology Group, in charge of the enterprise. In Poonpol’s words: Kasikornbank, or KBank, one of Thailand’s largest private banks, launched a flagship fund to invest in artificial intelligence (AI). The fund, named KXVC, will…
Stoner Cats NFTs ‘fan crowdfunding’ not securities: SEC’s Peirce, Uyeda
The United States Securities and Exchange Commission (SEC) charging nonfungible token (NFT) project Stoner Cats sparked feedback from commissioners Hester Peirce and Mark Uyeda, arguing that the project’s activity constitutes fan crowdfunding, which they believe is common for artists. On Sept. 13, the SEC charged Stoner Cats 2 LLC, the firm behind the animated series dubbed “Stoner Cats,” with conducting…
Grab, Uber’s Southeast Asian rival, debuts Web3 services with Circle
Grab, Southeast Asia’s super app and the biggest technology startup in the region, is piloting Web3 services in Singapore in collaboration with the USD Coin (USDC) issuer Circle. Announcing the partnership on Sept. 14, Circle said the new Web3 services are available for Singapore-based Grab users through the “Grab Web3 Wallet.” The new services are enabled through integration of Circle’s new…
Senate Commission will analyze the AI bill in 120 days
Catching up with the wave of regulatory attention to artificial intelligence (AI), Brazil gets its work plan to discuss, analyze and, if necessary, amend the bill on AI regulation. On Sept. 12, the local Senate’s Internal Temporary Commission on Artificial Intelligence (CTIA) publicly voted for its own work plan to analyze Senate Bill No. 2338, regulating AI. According to the…
Diesel Debuts Digital Apparel for Meta Avatars With DressX
Buzzy Gen-Z fashion favorite Diesel is launching an exclusive collection on the Meta Avatars Store in collaboration with digital fashion house, DressX. The denim-centric Italian brand helmed by creative director Glenn Martens joins the store’s current luxury lineup, which includes the likes of Valentino, Balenciaga, Prada, and Thom Browne. The collection features 10 emblematic Diesel looks that mirror the brand’s…
Singapore’s central bank slugs Three Arrows founders with 9-year ban
Three Arrows Capital founders Kyle Davies and Zhu Su are barred from regulated activities or acting as top execs at any financial firm in Singapore. Source: https://cointelegraph.com/app/public/index.php/news/singapore-central-bank-bans-three-arrows-capital-founders