The crypto marketโs recovery was rocked on Sept. 24 after news that Chinaโs government is adopting a new set of measures that includes stronger inter-departmental coordination to โcut off payment channels, dispose of relevant websites and mobile applicationsโ to crack down on illegal cryptocurrency transactions efficiently. Although the news has caused a selloff, long-term investors are unlikely to be perturbed because, apart from announcing additional measures to enforce the existing ban effectively, there is nothing else that has changed. Daily cryptocurrency market performance. Source: Coin360 China first announced a ban…
Day: September 24, 2021
Market Wrap: Bitcoin Stabilizes After China Crypto Ban Sell-Off; Volatility to Remain Elevated
Bitcoin is stabilizing above the $40,000 support level after Chinaโs latest crypto ban triggered immediate selling. BTC is down about 11% over the past week, compared to a 15% decline in ether over the same period. Analysts expect volatility to remain elevated given the regulatory headwinds. Exchange tokens, especially those with a large share of Chinese users, also sold off on Friday. Huobiโs token was down about 23% over the past 24 hours and the token of FTX was down 12% over the same period. โAround 10% of global bitcoin…
El Banco Central de Chile crea equipo para analizar la emisiรณn de su propia moneda digital โ CoinDesk
La potencial moneda digital, de acuerdo al Banco Central de ese paรญs, โse emitirรญa de forma similar a los billetes y monedas, y podrรญa utilizarse para transacciones en el comercio o entre particulares, o para que las instituciones financieras liquiden pagos entre paresโ. Source
CRYPTO MARKET CAP OVER 2$ TRILLION [Details]
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ๐ต NEW course: “Understanding Blockchain and Bitcoin” ๐ ๐ด Subscribe to our channel here๐ so you do not miss our DAILY VIDEOS and press the ๐ too! ๐จ๐ปโ๐ FREE COURSE: How to start to invest in bitcoin and other cryptocurrencies ๐จ๐ปโ๐ป. Website: ๐ฌ Email: bcb@blockchainbloom.com ๐ข You can stay up-to-date with us in blockchain and cryptocurrency! โ๏ธ In todayโs video: 00:00 Start 1:30 Cryptocurrency market overview 3:39 Crypto market cap over 2$ trillion 6:00 100 cryptocurrencies reach a $1B market cap 9:15…
Newly Launched Altcoin Rallies 36% After Gaining Support From Crypto Exchange Binance
A new blockchain-based gaming altcoin is surging after being listed by the cryptocurrency exchange Binance. Launched in July, Yield Guild Games (YGG) is a play-to-earn decentralized autonomous organization (DAO) designed to allow users to invest in non-fungible tokens (NFT) in virtual worlds. ย DAOs are governance systems that rely on computer code to control and execute actions rather than humans. Yield Guild Games rallied 36% from $6.01 to $8.22 following the announcement, according to CoinGecko. The platformโs native token allows players to earn liquidity minding rewards, participate in the networkโs…
Kentucky Sends Cease and Desist Order to Crypto Lending Platform Celsius Over Interest-Bearing Accounts โ Regulation Bitcoin News
Six days ago, the securities regulators from New Jersey and Texas cracked down on the cryptocurrency lending platform Celsius. Additionally, the Alabama Securities Commission joined in and filed a cease and desist order against Celsius. Now the state of Kentucky is following suit and has filed a cease and desist order against the crypto lending platform. Kentucky Sends Cease and Desist Order to Celsius Four states in the U.S. have an issue with the cryptocurrency lending platform Celsius and the companyโs interest-earning accounts. The same issues have affected the crypto…
THIS IS TERRIBLE FOR BITCOIN & ETHEREUM!! โ ๏ธCrypto Analysis Today/ BTC Cryptocurrency Price News Now
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Bitcoin Price Analysis & Ethereum (ETH) Crypto News! ๐ THUMBS UP & SUBSCRIBE NOW + ๐! *** VIP PRIVATE TRADE ALERTS – *** ******* VIP ELITE TRADE ALERTS *** Link doesnโt open properly on Safari browser- use a different browser! ******* ************** 2021 VIP ELITE INFO:************** ๐จ VIP PRIVATE TRADE ALERTS – ๐ VIP Link doesnโt open properly on Safari browser- use a different browser! ๐ ************** Is the Bitcoin (BTC) price potentially bullish or bearish right now, in my opinion?! Let’s…
Chinaโs Latest Crypto Crackdown Drawns Yawns From Bitcoin Market Vets โ CoinDesk
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Bitcoin Mining Firm Fortress Names Ex-Galaxy Digital Exec as New CEO โ CoinDesk
Scalia and Armstrong were granted a standard options deal for joining up (650,000 committed shares at an exercise price of $0.56 per share), but thereโs also an asset purchase agreement. Fortress agreed to purchase approximately CAD$254,000 (USD $200,600 ) worth of bitcoin mining machines and CAD$306,000 (USD $241,700) worth of bitcoin from Scalia and Armstrong in return for one million fully paid and non-assessable Fortress common shares. The asset agreement is expected to close on Oct. 15. Original
Layer-two growth and the SECโs scrutiny, Sept. 19โ23
Welcome to the latest edition of Cointelegraphโs decentralized finance, or DeFi, newsletter. In a week where DeFiโs parabolic growth continued, elsewhere, the United States Securities and Exchange Commission Chair Gary Gensler threatened to tackle stablecoins. What youโre about to read is the smaller version of this newsletter.ย For the full breakdown of DeFiโs developments over the last week โ released a whole lot quicker than Cardanoโs smart contracts โ subscribe at the bottom of this page. Layer twoโs defining the future This week, analytical data revealed that DeFi continues to be…