Both bitcoin and ether saw wide swings in price over the past day. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Original
Market Wrap: Bitcoin Holds Over $19K, Continues Wild Ride
Day: September 22, 2022
Crypto Mining Data Center Provider Compute North Files for Bankruptcy Protection
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Cardano’s Vasil Upgrade Marks an Important Milestone in the Blockchain’s Evolution
Chief scientist at IOG Aggelos Kiayias explains why Cardano has re-thought smart contracts and how it prioritizes security over speed. Source link
Crypto-Mixing Service Tornado Cash Code Is Back on GitHub
GitHub is a centralized internet hosting service for software development often used by Ethereum developers. Within hours of the OFAC announcement, GitHub, along with other platforms, removed Tornado Cash from their sites in order to comply with the new U.S. regulation. Source
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Ethereum Protects $1,200 with Blood, Will This Region Hold?
ETH price holds above $1,200 as bulls don’t want to let go of a price below key support Price continues to trade below 50 and 200 Exponential Moving Average (EMA) on the daily timeframe. ETH price bounced on the four-hourly chart after a bullish divergence appeared. The price of Ethereum (ETH) has shown less bullish sentiment after its much anticipated “Ethereum Merge.” Ethereum saw its price plummet against tether (USDT) following the Federal Open Market Committee news (FOMC). The Federal Reserve raised its target interest rate by 75 bps, negatively…
XRP price breaks out of range with a 25% rally, but why?
Crypto markets are flashing a bit of green on Sept. 22 as Bitcoin (BTC) price tacked on a 4.7% gain to trade above $19,300 and Ether (ETH) surged 6.5% to recapture the $1,300 level. RSR and Astar Network (ASTAR) also surged by 23% and 17% respectively, but the more notable mover of the day was XRP. Currently, XRP price reflects a near 25% gain and the asset is up 41% in the past month. According to defense lawyer James K. Filan, on Sept. 18, Ripple Labs filed a motion for…
UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto
The government of the United Kingdom has introduced a bill aimed at cracking down on money laundering and fraud, specifically by expanding the authorities’ ability to target cryptocurrencies used for illicit purposes. In a Thursday announcement, the U.K. government said lawmakers had introduced the Economic Crime and Corporate Transparency Bill in Parliament as part of efforts to drive “dirty money” out of the country. The bill contained provisions forcutting down on the “red tape around confidentiality liability” and granting law enforcement the authority “to compel businesses to hand over information…
Funko Partners With Walmart to Drop DC Digital Collectibles and Physical Twin Counterparts – Blockchain Bitcoin News
Funko has teamed up with the multinational retail corporation Walmart and the American film and entertainment studio Warner Bros. to bring digital collectibles to the retail space, the pop culture collectibles firm announced on Wednesday. According to Funko, the digital collectible offering is consumer friendly as fans can purchase the non-fungible token (NFT) and physical collectible simultaneously. Funko, Warner Bros., and Walmart to Drop NFTs Tied to Physical Collectibles The company that’s well known for creating unique bobbleheads and vinyl figurines, Funko (Nasdaq: FNKO), has announced a partnership with the…
Helium migrates its blockchain to Solana following T-Mobile partnership
On Thursday, the Helium Foundation announced that it would be moving its mainnet to the Solana blockchain following a community vote. According to the proposal, proof-of-coverage and Data transfer mechanisms will be moved to Helium Oracles. It’s official! The HIP 70 vote has ended. #Helium will be moving to the @Solana blockchain! pic.twitter.com/V2WIajou7R — Helium (@helium) September 22, 2022 Meanwhile, Helium’s tokens and governance will relocate to that of the Solana blockchain. As told by developers, the benefits of the move would include more of its native token HNT available to…