Day: September 23, 2022

Crypto Is Capitol Hill’s Last ‘Bipartisan Issue,’ Coinbase Exec Says

Shirzad said there is “little dispute about the importance of having regulation,” both from progressive and conservative lawmakers, but the issue of which U.S. agency should be charged with regulating the cash market, and having oversight over crypto exchanges, including Coinbase (COIN), is still up in the air. In the past, The SEC has cracked down on the exchange for allegedly marketing its tokens in a manner that would deem them as securities. Source

Moscow Exchange drafting bill on digital financial assets and securities trading: Report

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The Moscow Exchange (MOEX) is drafting a bill to allow trading in digital financial assets (DFAs) and securities based on them, according to a report in the Russian press. The stock exchange is writing the bill on the behalf of the Russian Central Bank, which does not have the power to introduce legislation, Vedomosti newspaper reported on Thursday.  Speaking at a banking conference, MOEX supervisory board chair Sergei Shvetsov said the bill in preparation foresees trading in both DFAs and DFA certificates that would trade like securities. “The exchange and its…

Estamos en el mercado bajista más importante en la historia de las criptomonedas

Y lo que es más importante, los degens y las ballenas son especuladores y proveedores de liquidez, no “usuarios” propiamente dichos. Para lograr reducir la ciclicidad del mercado, los proyectos de criptomonedas necesitan encontrar casos de uso reales que puedan vencer a los servicios existentes. Por ahora, los casos evidentes todavía son bastante limitados: pagos entre países (principalmente significativos para BTC), NFTs (principalmente significativos para ETH) y, en menor medida, los juegos, donde existe un enorme mercado pero las ventajas reales de las criptomonedas son un poco menos obvias. Source

Tether Reveals USDT Stablecoin Is Now Supported by Polkadot – News Bitcoin News

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Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new support follows the token being added to the Near Protocol 11 days ago. The news further follows Tether being ordered by a New York judge to produce financial documents last Tuesday. Polkadot Blockchain Ecosystem Adds Tether Just recently Tether Operations Limited announced that it was added to the Near Protocol on September 12 and 11 days…

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Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined

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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the incident has left a void for illicit fund mixing services, but the real impact of the sanctions could be determined in the long run. The staking ecosystem of Ethereum post Merge could have a significant impact on the crypto economy, according to a new report. Institutional lending platform Mapple…

Compound Prepares For A Major Rally To $80, Here Is Why

The price of COMP remains above the daily 50 EMA as it approaches $80. Price remains bullish, holding above key support areas COMP price ranges in an asymmetric triangle with high buy orders. The Compound (COMP) token price has recently been volatile as price ranges in an asymmetric triangle prepare for a breakout to a region of $80 against tether (USDT). Despite the fact that the crypto market is in a state of flux, the Compound (COMP) price has shown tremendous strength as it attempts to break out of its…

B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy

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Australia-based crypto mining firm Iris Energy has signed a deal with B. Riley giving the capital market company the option to purchase up to 25 million of its shares. According to a Friday filing with the United States Securities and Exchange Commission, Iris Energy inked an agreement with B. Riley Principal Capital II related to the “potential offer and sale” of up to 25 million of the Bitcoin (BTC) mining firm’s ordinary shares, worth $100 million. The filing states B. Riley has a 24-month timeframe to complete the purchase starting…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 04/09/2022| Cryptocurrency news today Tamil | இன்றைய க்ரிப்டோ செய்திகள் | luna crypto news Tamil In this video we have the Cryptocurrency news today, we have shared all the latest crypto updates. Altcoin updates in Tamil, alt season news in Tamil, and also daily crypto news in Tamil Latest crypto news Tamil also crypto market news in Tamil and crypto coin news Tamil then crypto latest news Tamil and then Ada crypto news Tamil, Shiba Inu coin Tamil also Shiba Inu coin news…

Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance

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On-chain data shows the Bitcoin aSOPR profit-loss junction has continued to act as resistance to the price of the crypto. Bitcoin aSOPR Bounces Back Down From The Breakeven Line As pointed out by an analyst in a CryptoQuant post, the aSOPR value equal to ‘1’ line has been acting as resistance for around 185 days now. The “Spent Output Profit Ratio” (or SOPR in short) is an indicator that tells us whether the average Bitcoin investor is selling at a profit or at a loss right now. When the value…