Waves Crypto Up 1000% YTD 🚀 Can It Continue? | Technical Analysis & Price Prediction

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SEC Will Not 'Ban' Crypto

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated to Congress this week that the SEC has no plans to ‘ban’ cryptocurrencies. In a direct reply to North Carolina Congressperson Ted Budd regarding any considerations of banning crypto to promote a central banking digital currency, or CBDC, Gensler stated “no, that would be up to Congress.” The statement came during a four-hour long hearing regarding crypto and DeFi. The SEC Stance Gensler’s remarks come just a week after Federal Reserve Chair Jerome Powell echoed similar sentiments. Powell told the…

Family of Popular NFT Projects Launch Collaborative Initiative and Genesis Collection – Blockchain Bitcoin News

On Tuesday, a new Draper Goren Holm incubated company called NFT.FAMILY has announced the launch of a new generative non-fungible token (NFT) collection called “Boring Stone.” The new company stems from community members from Fameladysquad, Bored Ape Yacht Club, and Blockchain & Booze. ‘Utilizing Technologies to Build and Empower Our Own Community’ Non-fungible token (NFT) assets are very popular in 2021 and a group of community members from Blockchain & Booze, Bored Ape Yacht Club (BAYC) and Fameladysquad have formed NFT.FAMILY. The new company is backed by Draper Goren Holm,…

Crypto Asset Manager Arca Launches First Fund for Startup Investments

Asset management firm Arca has launched a new fund to invest in crypto startups. “Right now, the fund is really focused on seed and SAFT investments, so early-stage valuations that are sub–$40 million in terms of pre-money valuation,” Arca portfolio manager David Nage told CoinDesk in a phone call. The “Arca Endeavor Fund” represents the latest rush by VC firms large and small into the world of digital assets. In a research note published Monday, Bank of America noted that venture capital investment in the sector surpassed $17 billion in…

SEC Chair Gensler: A Ban on Crypto Would Be ‘Up to Congress’

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler told Congress on Tuesday that the SEC has no plans to ban crypto. When asked by Rep. Ted Budd (R-N.C.), a longtime crypto supporter and member of the Congressional Blockchain Caucus, if the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), Gensler said, “No, that would be up to Congress.” Gensler’s assertion that the SEC does not plan to ban crypto mirrors similar remarks made by Federal Reserve…

How this quant-style indicator foreshadowed Axie Infinity’s rally to a new ATH

Every week, subscribers of Cointelegraph’s Markets Pro data analytics platform receive a detailed breakdown of the top performers of the week and the VORTECS™ Score indicator’s performance in tracking potential bullish and bearish developments. Here are some of the highlights of the latest report: Axie Infinity Shard (AXS) recorded a new all-time high following a strong VORTECS™ Score. Three out of ten top price movers flashed a VORTECS™ Score of 80 or higher before peaking. NewsQuakes™ alerts gave traders an early signal for NEAR’s and RAY’s double-digit rally. The all-time…

Wilder to Land a Blow for Crypto – Press release Bitcoin News

press release PRESS RELEASE. LAS VEGAS & ULAANBAATAR – On Saturday 9 October, Deontay “The Bronze Bomber” Wilder will be defending the United States’ honor once more. Known for being the first American World Heavyweight Champion since 2004, which was the longest period of time in boxing history without an American Heavyweight Champion, Wilder will rise to the occasion once more. When he steps into the ring at the T-Mobile Arena in Las Vegas to take on the WBC World Heavyweight Champion, Tyson Fury, Wilder will be fighting for the…

Robinhood launches 24/7 phone support, crypto users included

Popular trading app Robinhood announced Tuesday that it has launched round-the-clock phone support to better serve its ever-growing userbase, including the millions of users who’ve signed up to access cryptocurrency investments.  Users of the app will now be able to speak with a live customer service representative 24 hours a day, seven days a week, regardless of holidays. The company said the 24/7 support line is part of a broader effort to expand reliability and accessibility, as well as answer time-sensitive requests from its customers. To access the service, users…