The makers of Ethereum NFT card game Parallel—which hit the Epic Games Store in June—are rolling onto yet another new project, announcing a 3D first-person shooter game codenamed “Project Tau Ceti” at Token2049 in Singapore on Wednesday. In Tau Ceti, players will battle across a sci-fi planet using their Parallel NFT avatars. Unlike the upcoming AI-centric game Colony, which will…
Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stability. “It’s game over for the Fed,” Schiff stressed. […] Source: https://news.bitcoin.com/peter-schiff-warns-feds-rate-cut-spells-economic-disaster-its-game-over-for-the-fed/
FOMO HOUR 200 – DONALD TRUMP RECAP Bitcoin dominance rises ahead of Fed. May see short-term crash after Fed: Hayes. ETH underperformance may reverse soon: BitWise. Vitalik sings during Token 2049 appearance. SUI & FTM continue to outperform in L1s. BNB to introduce gasless stablecoin transfers. Tether market share hits 75%. Australia launches 3-year CBDC program. Russia to pay China…
Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized approach. The lawmaker highlighted his subcommittee’s legislative successes but expressed frustration with the SEC’s broad and unclear regulations, which he argued burden digital asset […] Source: https://news.bitcoin.com/lawmaker-flags-concerns-over-secs-crypto-approach/
According to Colin Butler, financial institutions that don’t embrace blockchain technology will lose their relevancy and competitive edge. Source: https://cointelegraph.com/news/institutional-grade-stablecoins-may-killer-app-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pubkey, a Bitcoin bar in New York City, hosted the former US President and 2024 Republican nominee for a campaign stop on Sept. 18. Source: https://cointelegraph.com/news/donald-trump-bitcoin-transaction-burger-nyc-bar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Commissioner Mark Uyeda wants to update the agency’s S-1 disclosure for cryptocurrency firms. His stance is a positive step toward progress. Source: https://cointelegraph.com/news/time-update-securities-exchange-commission-disclosure-process-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Is Bitcoin a “risk-on” or “risk-off” asset? Analysts at the world’s largest asset manager BlackRock say the leading digital currency qualifies as neither. In a PowerPoint document shared Wednesday, BlackRock said its clients largely view Bitcoin as insurance against a possible U.S. debt crisis, and that Bitcoin has “little fundamental exposure” to the macro variables that affect other asset classes.…
Defi Platform Rari Capital and Founders” style=”float:left;margin:0 15px 15px 0″ />The U.S. Securities and Exchange Commission (SEC) has announced charges against decentralized finance (defi) platform Rari Capital and its co-founders for misleading investors and operating as unregistered brokers. The settlement involves penalties, injunctions, and bars against the individuals involved, with violations stemming from unregistered securities offerings and deceptive practices. SEC…
ETH price struggles to find reasons to rally after the network’s DApp volumes drop and Ether languishes near the $2,250 support. Source: https://cointelegraph.com/news/ethereums-value-accretion-narrative-under-duress-after-19-drop-in-eth-dapp-volumes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
