As Bitcoin’s price stabilizes near its previous all-time highs, many are questioning whether the current bull run has come to an end. However, historical data indicates otherwise. The market is presently testing support at the “fair value band” for the second time since the recent halving event. This pattern is reminiscent of the 2016 and 2020 cycles, during which Bitcoin…
Editor’s note: This article has been updated to correct the amount seized. In a sweeping operation across Germany, financial regulators and law enforcement agencies have confiscated nearly €250,000 (about $279,000) in cash and shut down 13 cryptocurrency ATMs operating without proper authorization. The German Federal Financial Supervisory Authority (BaFin) announced the results of this coordinated effort on Tuesday, in a…
The Supreme People’s Court of China, the highest court of law in the country, and the Supreme People’s Procuratorate have issued a joint document that interprets the current money laundering law and defines several issues related to its application. In this interpretation, the two organizations list virtual asset transactions as one of the tools available […] Source: https://news.bitcoin.com/highest-court-of-china-moves-to-list-virtual-asset-transactions-as-a-money-laundering-tool/
It’s unclear if the Independent presidential candidate will join forces with Donald Trump, but both are scheduled to speak in the same area on the same day. Source: https://cointelegraph.com/news/rfk-polymarket-odds-dropping-presidential-race?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security. Source: https://cointelegraph.com/news/prometheum-uniswap-arbitrum-digital-securities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Research indicates we’ll need to develop a secure, biometrically verified digital twin in order for the metaverse to work. Source: https://cointelegraph.com/news/deciding-who-owns-your-digital-twin-will-make-break-metaverse?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The bank services several crypto-friendly financial technology companies. Source: https://cointelegraph.com/news/three-execs-crypto-friendly-evolve-bank-leave-regulatory-crackdown-data-leak-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s price is up following the Wednesday release of the U.S. Federal Reserve’s minutes from its July meeting, which suggests that an interest rate cut will come in September. Market watchers and investors are widely expecting the move. The price of the biggest digital coin stands at $60,500 as of writing, per CoinGecko, after having jumped 2% in 24 hours.…
The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price. Source: https://cointelegraph.com/news/cryptopunk-nft-quietly-sold-trump-earned-7-m-nfts-nifty-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 184 – PUNKS ARE FLYING! BTC ETFs: +$88m, ETH ETFs: -$7m. BTC funding negative in ‘short squeeze’ setup. BTC dominance up 18% in 2 years. TRX leads L1s as memecoin activity soars. Chance of SOL ETF is zero in 2024: Bloomberg. Another SOL ETF approved in Brazil. Binance & CZ face new class action lawsuit. Tether to launch…
