Bitcoin bulls are attempting to keep the price inside the current range, but BTC’s growing weakness could eventually lead to new lows under $49,000. Source: https://cointelegraph.com/news/price-analysis-9-4-btc-eth-bnb-sol-xrp-doge-ton-ada-avax-shib?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Spreading USD-Pegged Stablecoins—Trump-Backed Defi Project Reveals ‘Transformative’ Plans
Over the past few weeks, there’s been a buzz of intrigue and speculation around World Liberty Financial, a decentralized finance (defi) project led by Eric Trump and Donald Trump Jr. After facing some rumors and critiques, the project’s X account finally released fresh details about its mission, aiming to clear the air. World Liberty Financial […] Source: https://news.bitcoin.com/spreading-usd-pegged-stablecoins-trump-backed-defi-project-reveals-transformative-plans/
Ex-OpenAI chief scientist raises $1B for startup with only 10 employees
Safe Superintelligence reportedly raised the funds at a valuation of $5 billion. Source: https://cointelegraph.com/news/ex-open-ai-chief-scientist-raises-1-billion-startup-artificial-intelligence-only-10-employees?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sen. Warren to debate John Deaton, criticizes ‘crypto billionaires’
The Massachusetts Senator said she agreed to two debates in October, while John Deaton challenged her to five after his primary victory. Source: https://cointelegraph.com/news/elizabeth-warren-debate-john-deaton-crypto-massachusetts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act
The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset […] Source: https://news.bitcoin.com/cftc-fines-uniswap-labs-175000-for-violating-commodity-exchange-act/
Euler Finance bounces back from flash loan attack, introduces modular vaults
Euler Labs has released Euler v2, a development kit for deploying ERC-4626 vaults with customizable lending risk management features. Source: https://cointelegraph.com/news/euler-finance-bounces-back-flash-loan-attack-introduces-modular-vaults?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC Issues Order Against Ethereum DeFi Exchange Uniswap
U.S. regulator the Commodity Futures Trading Commission (CFTC) has hit Uniswap Labs, the company behind Ethereum decentralized exchange Uniswap, with an order for allegedly illegally offering leveraged or margined retail commodity transactions in digital assets. The order, which the regulator said was settled, requires Uniswap Labs pay a $175,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange…
The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below $2 Trillion
According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The top cryptocurrency hit an intraday low of $55,602 per coin, and by Wednesday morning just before 11 a.m. EDT, it was just skimming above $57,400 […] Source: https://news.bitcoin.com/the-weight-of-bitcoins-latest-freefall-pushes-crypto-market-below-2-trillion/
Polygon Productions, The World’s Most Immersive 360° Live Sound Experience Set to Debut at AFTER 2049, Singapore’s Biggest Pre-Formula 1 Grand Prix Party – Press release Bitcoin News
Polygon Productions, The World’s Most Immersive 360° Live Sound Experience Set to Debut at AFTER 2049, Singapore’s Biggest Pre-Formula 1 Grand Prix Party – Press release Bitcoin News Source: https://news.bitcoin.com/polygon-productions-the-worlds-most-immersive-360-live-sound-experience-set-to-debut-at-after-2049-singapores-biggest-pre-formula-1-grand-prix-party/
$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges
While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market strategists are particularly confident in this precious metal, stating that, out of all commodities, they have the “highest confidence” in gold. Gold Dips, but Goldman […] Source: https://news.bitcoin.com/2700-in-2025-goldman-sachs-has-highest-confidence-in-gold-amid-market-challenges/