Day: September 27, 2022

Bitcoin Price Crashes To $19,000, Stays Strong Against Equities

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The Bitcoin price has experience volatility over today’s trading session as the cryptocurrency rallied to the $20,000 level. Across social media platforms, some market participants celebrated the bullish price action, but they went silent as BTC stumbled back into its range. At the time of writing, the Bitcoin price trades at $18,900 with a 1% and 3% loss over the last 24 hours and 7 days, respectively. The benchmark cryptocurrency has been moving sideways trading in a range between its current levels and $19,500. BTC’s price moving sideways on the…

An Urbit Airdrop Highlights Promises and Problems of Permissionless Development

The new token was airdropped to 4.5 million Ethereum addresses, including all users who have an .eth wallet address as well as all Urbit “ship” holders, in an attempt to spur adoption, doplur said. The blockchain’s validation process will open this week, giving people a chance to stake their tokens and earn yield. A healthy fraction of the tokens was held in reserve to pay for later network development, including bridges to Ethereum, privacy tools and scaling products. Source

Giant LEGO Space Mining Camp and Alien Battle

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Beyond the Brick’s Joshua Hanlon talks with Trent, Andrew and Landon Peterson about their LEGO alien planet mining camp displayed at Brick Rodeo 2022. Check out their giant castle! 🔔Subscribe for awesome new LEGO videos every day! 👕Our merch store with exclusive LEGO shirt designs: 💥Top 10 LEGO Star Wars Creations: 🏰Top 10 LEGO Castles: 🚀Top 10 LEGO Spaceships: 🎖️Top 10 LEGO WWII Creations: 💰Help us continue to make videos by using our Amazon affiliate link. There’s no extra cost to you!…

Bitcoin price fails to hold $20K again, but there is a silver lining

Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100.  Unfortunately for bulls, the positive momentum for stocks and cryptocurrencies rapidly eroded and Bitcoin price gave up a majority of the intraday gains as it slipped back below $19,000. As has been the case since March 25, BTC price has been unable to kick above the resistance for more than a few hours and the Sept. 27…

Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon – Wallets Bitcoin News

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The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only and Robinhood is rolling out the beta version of the Web3 wallet to 10,000 clients on the company’s waitlist. Robinhood Launches Beta Web3 Crypto Wallet to 10,000 Select Customers During the last 12 months, Robinhood Markets has shown a strong interest in building cryptocurrency products and services. At…

Ethereum Name Service (ENS) Looks Strong, Eyes $16 Reclaim

ENS price ranges break above 50 EMA on the daily timeframe.  ENS price gets rejected as price attempts to break out of an asymmetric triangle. The price holds above daily support and could retest daily resistance for a possible break.  Ethereum Names Service (ENS) price showed bullish strength recently, but the price has struggled to break above key resistance against tether (USDT). With Ethereum Name Service (ENS) facing resistance to breaking above $16, acting as a tough resistance area, the price of ENS continues to trade above daily support as…

Interpreting the CFTC’s Lawsuit Against Ooki DAO

“A key bZeroX objective in transferring control of the bZx Protocol (now the Ooki Protocol) to the bZx DAO (now the Ooki DAO) was to attempt to render the bZx DAO, by its decentralized nature, enforcement-proof. Put simply, the bZx Founders believed they had identified a way to violate the Act and Regulations, as well as other laws, without consequence … The bZx Founders were wrong, however. DAOs are not immune from enforcement and may not violate the law with impunity,” the complaint said. Source

Japan preparing amendment to enforce FATF travel rules on crypto by May 2023: Report

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Japan is expected to enact new rules on money transfers to prevent the use of crypto for money laundering, according to local news agency Nikkei. The changes will bring Japan up-to-date with Financial Action Task Force (FATF) recommendations. An amendment to the Act on Prevention of Transfer of Criminal Proceeds will be introduced in the National Diet on Oct. 3 that will add crypto to the so-called travel rules on money transfers, Nikkei reported. The rules will be amended to require exchange operators to collect customer information in transactions involving…

Will BITCOIN crash to $10,000? Layah Heilpern on Fox Business with Charles Payne

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sponsored by BitMEX click here to easily buy bitcoin: Check out The Layah Heilpern Show ✓ Spotify: ✓ Apple Podcasts: Layah Heilpern on Social Media ✓ Twitter: ✓ Instagram: ✓ Tiktok: Message from BitMEX: Crypto products can be highly risky and subject to volatile changes in price. The value of an investment is variable. There may be no regulatory recourse for any loss from such transactions. Use is subject to the BitMEX Terms of Service. ▶ Coinbase Website: Coinbase.com ▶ CEX Website:…