Month: September 2022

From Shiba Inu to Squidgrow โ€“ Sponsored Bitcoin News

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sponsored When society looks at the crypto industry today, one cannot deny that Dogecoin (Doge) and Shiba Inu (SHIB) are just as widely known as Bitcoin (BTC). SHIB to date has the highest percentage gain est. Thirty million per cent from launch to an all-time high; no other cryptocurrency has come close to this percentage return. While most meme coins have taken a -70%+ beating from an all-time high (like the rest of the cryptocurrency market), one has proven it will be a force to reckon with even during this…

‘Weโ€™re not giving crypto a pass’ on enforcement action, says SEC’s Gurbir Grewal

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Gurbir Grewal, the enforcement director for the United States Securities and Exchange Commission, said the financial regulator will continue to investigate and bring enforcement actions against crypto firms, despite the narrative of โ€œpicking winners and losersโ€ and โ€œstifling innovation.โ€ In written remarks for a Friday program hosted by the Practising Law Institute, Grewal pushed back against criticism that the SEC โ€œsomehow unfairly targeted cryptoโ€ in its enforcement actions when compared with those against financial products or traditional markets. He also hinted that the SEC had a responsibility to many โ€œnon-White…

JPMorgan Hires Former Microsoft Executive to Its Crypto-Related Payments Group

โ€œTahreem Kampton has joined J.P. Morgan Payments as a senior payments executive with a focus on driving thought leadership to help the payments industry and therefore clients, to evolve, thrive and grow,โ€ said JPMorgan. โ€œSpecifically, he will lead co-innovation with key partners in payments, blockchain and the digital ecosystem where JPMorgan has already built a strong foundation.โ€ Source

LUNA 2.0 Token Jumps 200% Higher Against the US Dollar in 24 Hours โ€“ Market Updates Bitcoin News

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While digital currencies jumped in value during the early morning trading sessions on Friday (ET), the new Terra token, LUNA 2.0, jumped more than 200% in value against the U.S. dollar. LUNA jumped from a low of $1.90 per unit to a high of $6.87, but the tokenโ€™s value has slipped to the $5.41 per unit range following the high. Terraโ€™s Phoenix Blockchain Token LUNA Rallies by 200% Bitcoin managed to jump 9.4% higher today, rallying above the $21K zone while ethereum increased 4.9%, surpassing the $1,700 per unit range.…

SHIB Hits 3-Week High, ATOM up by Over 20% Today โ€“ Market Updates Bitcoin News

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Shiba inu moved to a three-week high on Friday, as crypto markets surged during todayโ€™s session. Markets were mainly in the green, as bullish sentiment returned to end the week. Cosmos was a notable mover once again, as the token rose by over 20% today. Shiba Inu (SHIB) Shiba inu (SHIB) rebounded during Fridayโ€™s session, as prices rallied following a recent spell of consolidation. SHIB/USD rose to an intraday high of $0.00001379 on Friday, as prices broke out of two consecutive resistance points. The first ceiling that SHIB rose past…

Crypto Market Collapse: Good News & Bad News

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US lawmakers call on Mark Zuckerberg to address ‘breeding ground’ for crypto scams: Report

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A group of Democrats from the United States Senate has reportedly asked Meta CEO Mark Zuckerberg to provide details on the social media giantโ€™s policies addressing cryptocurrency fraud. According to a Friday report from the Washington Post, Senators Robert Menendez, Sherrod Brown, Elizabeth Warren, Dianne Feinstein, Bernie Sanders and Cory Booker called on Zuckerberg for the actions the company may take to detect crypto scams, to coordinate with law enforcement and to assist victims of fraud. Meta currently controls Facebook, WhatsApp, Messenger and Instagram. โ€œBased on recent reports of scams…